NEW FUND OFFER
BOB AMC plans Fixed Maturity Plan
BOB Asset Management Company (AMC) plans to launch a new scheme `Fixed Maturity Plan,' with an investment horizon of short-term ranging from a period of one month to one year. The scheme will invest in money market instruments and debt ...
Dividend for 2 UTI MF schemes
UTI Mutual Fund has declared dividends for two of its schemes. According to a press release here on Thursday, UTI-Opportunities Fund has declared tax-free dividend of 15 per cent, and July 3 is the record date for dividend. On ...
IOC against further dilution of stake in ONGC
Plans to tap bond market to raise funds
ChrysCapital picks up stake in Parksons
Parksons Packaging, a leading manufacturer and exporter of printed and laminated folding cartons, has received Rs 50 crore in private equity investment from ChrysCapital in return for a minority stake. The company will use the proceeds to fund ...
HLL down, RIL ends up
Shares of Hindustan Lever Ltd moved down by 2.52 per cent to Rs 210.80 while that of Reliance Industries moved up by 0.84 per cent to Rs 1009.20 on the BSE. Reports had indicated that Reliance Industries is in race to buy HLL's Modern Foods. ...
Thursday's trading activity witnessed a volatile movement. However, the sentiment reading of the tradable counters remains bearish. Bull domination on Friday is likely to change the sentiment reading in their favour. On the contrary, the ...
Institutions step up activity in secondary market
Key players include HDFC MF, Fidelity, Goldman Sachs
Interest rate hike fears could weaken property prices by year-end
`More than $5 b is to be invested in Indian real estate'
NIIT Tech up on value buying
The NIIT Technologies stock has gained 17.5 per cent since June 15 on value buying. Given the prevailing price, the stock is trading at roughly 7.8x 2007 and 6.2x 2008 estimated earnings. The counter on Thursday ended with a marginal 1.6 per ...
Orient Paper: Betting on growth
Orient Paper, which closed at Rs 342.55 on the NSE, has gained 25 per cent since June 15 on hopes that company's three businesses are peaking at this juncture. Cement, currently among the most happening sectors, is likely to drive growth, ...
FOREIGN INSTITUTIONAL INVESTORS
Baring to stay invested in MphasiS
To hold on to remaining 11.31% stake in the IT services and BPO firm for a few more years.
REGULATORY BODIES & RULINGS
SEBI to verify composition of company boards
To assess quality and independence of independent directors
Markets open on bullish note; turn nervous later
Markets still bullish: Wealth Advisors
Despite the major correction, there is still a lot of potential waiting to be tapped in the Indian stock markets. The correction has chased away the excessive liquidity and the markets are now mainly driven by valuation rather than sentiment, Mr ...
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