MARKETS
FINANCIAL SERVICES
Reliance Money unveils mobile financial portal
Mumbai, Sept. 14 Reliance Money today became the first financial intermediary in India to provide information on financial market across mobile platforms.It announced its tie-up with Webaroo Inc, to unveil “Mobile Financial ...
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INVESTMENTS
Provident funds may get greater exposure to stocks
Investment limit may be raised to 10% of companies’ portfolio
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Derivative entrants notch up quick gains
Average 9% return in less than a week
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LIC’s equity exposure clocks Rs 12,000 cr so far this fiscal
Set to double on ULIP demand
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STOCKS
Sanmar group exits from India Cements
Chennai, Sept. 14 Mr N. Srinivasan, Vice-Chairman and Managing Director, India Cements Ltd, and his family today bought the residual 2.64 per cent stake of the company’s co-promoters, Mr N. Sankar and his family of the Sanmar ...
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HB Stockholdings: Betting on its holding
The stock of HB Stockholdings has been on the rise in the bourses. It has gained 26.51 per cent over a week and 31.02 per cent in a month’s time. However, on Friday, the stock closed weak at Rs 38.65 (against Thursday’s price of Rs ...
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Orissa Sponge to make preferential allotments to Prakausali, TRFI
Pricing of the issues to be done in accordance with SEBI norms
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TECHNICAL ANALYSIS
Bear domination
Friday’s market witnessed bear domination. However the sentiment reading of the tradable counters remains bullish. Bear move on Monday is likely to change the sentiment reading in their favour. On the contrary, the prevailing bullish ...
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INTERVIEW
Credibility’s our valuable asset: ICRA
Chennai, Sept.14 Global credit agencies are being roasted for their role in the sub-prime mess. Regulators in the US and Europe are discussing means to bring more clarity and prevent conflicts of interests. Mr P.K.Choudhury, Vice-Chairman ...
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IPOS
Indowind lists at 23% premium on BSE
Mumbai, Sept.14 Indowind Energy Ltd, a company which generates wind power and develops, operates and maintains windmill projects for others, made its debut on the BSE at a premium of 23.46 per cent against the issue price of Rs 65 at Rs 80.25. ...
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VENTURE CAPITAL
India-focussed PE funds swell
New Delhi, Sept. 14 The amount of money being raised abroad by India-focussed private equity funds is moving into the big league, with a slew of billion-dollar funds on the anvil.While ChrysCapital’s new $1.25 billion cross-sector ...
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