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Raise more margin money
In order to enhance your prospects of securing a home loan, personal finance experts say you must try to contribute as much as possible to the cost of the house from your own sources. This will not only ensure a reduced loan to value ratio but also g...
Anil Ambani supports SEBI's peer review plans
NEW DELHI: R-ADAG chairman Anil Ambani has supported SEBI’s move to subject the accounting standards of all Nifty and Sensex companies to a peer review in the wake of the Satyam financial scandal. In a letter to SEBI chairman C B Bhave, Mr Ambani s...
Companies shy away from giving corporate benefits, discounts to staff
HYDERABAD: The Satyam fiasco has affected its employees in more ways than one. The special discounts and corporate benefits on the purchase of automobile, food and jewellery among others that Satyamites availed of until recently , seem to be disappea...
Indian swaps rise as traders trim positions
MUMBAI: Indian overnight indexed swap rates inched up in afternoon trade on Monday as investors trimmed positions at lower rates hit earlier on the day.Dealers said swap rates fell in early trade as Friday's rate cuts by the central bank were larger-...
US Treasuries slip in Asia as stocks advance
TOKYO: U.S. Treasuries slipped in Asia on Monday as gains in regional stock markets dampened demand for safe-haven government debt. Treasuries extended losses from Friday, when they plunged in the wake of a rally on Wall Street.Tokyo's Nikkei stock a...
Texmo Pipes plans IPO to fund expansion, files DRHP with SEBI
MUMBAI: Texmo Pipes and Products Ltd is planning to enter the capital markets with a public issue of 50,00,000 equity shares of Rs 10 each through 100% book building process. The issue would constitute 44.37 per cent of the fully diluted post issue c...
Metals, rate sensitives push Sensex higher
MUMBAI: Equities began the New Year with optimism as traders took positions in rate sensitive and metal stocks on expectations on interest rates BSE Markets, IT & auto to recover in 2009 Navratnas who may shine brighter Value stocks for 2009 cut ...
Glenmark will launch Crofelemer in ROW countries by 2010
MUMBAI: Glenmark Pharmaceuticals Ltd has reported new development that should accelerate the launch of Crofelemer, a novel drug in development for multiple indications including HIV-Associated diarrhea by a consortium of partners including Glenmark.F...
Investors can bet on larger IT companies
IT companies continue to ride along a rough patch, given the global macro-economic challenges. Though this has adversely impacted their valuations on the bourses, not all is lost for the sector.While concerns such as lower IT budgets for ’09 and tu...
Sensex lacklustre; DLF, Reliance down
MUMBAI: Equities were witnessing a dull trade on Thursday after recent run-up and subdued global markets. Traders chose to book profits in BSE Tackling volatile mkts Stock buyback & how it's done realty and oil&gas stocks while IT and auto s...
Seoul shares hit another 4-wk high; autos rally
Institutions were buyers of a net 441.4 billion won and retail investors sold a net 797.8 billion won. Trade volume stood at 584.4 million shares worth 7.33 trillion won, compared with Tuesday's 479 million shares worth 5.9 trillion won.Advancers led...
SEBI restricts early exit from close-ended mutual funds
MUMBAI: The Securities and Exchange Board of India (SEBI) on Thursday said investors won't be allowed to exit from close-ended mutual fund C B Bhave Tackling volatile mkts schemes before maturity and asked fund houses to list them on stock exchanges....
Realty, metals spearhead rally; Sensex, Nifty up 4%
MUMBAI: Equity benchmarks built on to gains in afternoon trade in line with the sharp rally across Asian markets. Realty stocks hogged the limelight on hopes that the recent rate cuts and extra spending announced by the government over the weekend ma...
