State of the Market Quiz »
on State of the Market Google GroupQuiz Time After great success of Quiz last week, I am back with a new version this weekend. I hope you will find it entertaining and will learn from it A new way to learn about markets. The quiz comprises of 15 questions and it tests your knowledge on market, read full article »
Mkt takes realistic view of realty cos' »
on The Economic TimesWith the downturn severely affecting the domestic real estate sector, investors and analysts are now following stricter parameter to value realty firms. read full article »
FVCIs must commit $1 mn for entry »
on The Economic TimesSEBI made it mandatory for foreign venture capital investors to obtain firm commitment from their investors for at least $1 million of capital before seeking permission to invest in India. read full article »
Last minute buy takes Sensex up 254 »
on The Economic TimesEquity benchmarks rose close to 2% on Friday, led by short-covering ahead of the much-awaited Union Budget on Monday. read full article »
Mamta Banerjee, Railway Minister »
on The Economic TimesRailway Minister Mamta Banerjee bets on PPP model to make her pet projects a success. read full article »
Market rally doesn't speak volumes »
on The Economic TimesLiquidity in many stocks have dropped sharply, prompting the BSE to label these counters as illiquid, and thereby caution investors. read full article »
Shinsei PSU Bond Fund – Ultra Short Term Plan »
on First Blog for Indian Financial MarketMutual Fund Shinsei Mutual Fund Scheme Type Open Ended Scheme Category Income Launch Date 30-Jun-2009 read full article »
Shinsei Liquid Fund »
on First Blog for Indian Financial MarketMutual Fund Shinsei Mutual Fund Scheme Type Open Ended Scheme Category Liquid Launch Date 30-Jun-2009 read full article »
QUANTUM EQUITY FUND OF FUNDS »
on First Blog for Indian Financial MarketMutual Fund Quantum Mutual Fund Scheme Type Open Ended Scheme Category Fund of Funds - Domestic Launch Date 26-Jun-2009 read full article »
Sahara Super 20 Fund »
on First Blog for Indian Financial MarketMutual Fund Sahara Mutual Fund Scheme Type Open Ended Scheme Category Growth Launch Date 25-Jun-2009 read full article »
Mirae Asset Short Term Bond Fund »
on First Blog for Indian Financial MarketMutual Fund Mirae Asset Mutual Fund Scheme Type Open Ended Scheme Category Income Launch Date 23-Jun-2009 read full article »
Guess what Obama takes home: $400,000 a year »
on The Economic TimesGuess what Obama takes home: $400,000 a yearAccording to a list sent to US Congress, Obama's staffers are also doing well with almost half the presidential income. Top 10 Wealthiest CEOs | 10 powerful people read full article »
Islamabad wilts under pressure »
on The Economic TimesTo appeal against release of JuD chief and Mumbai terror attack accused. read full article »
PC plans to reboot intelligence inside »
on The Economic TimesIndia will soon have a National Counter Terrorism Centre and NIG. read full article »
Spreads dip, cos go easy on bonds »
on The Economic TimesA lull in bond issues by companies has pushed up prices of corporate bonds in the secondary market. This momentum could result in companies issuing fresh debt. read full article »
UP govt nod to chargesheet Varun »
on The Economic TimesUP govt on Friday gave its nod to file chargesheet against Varun Gandhi. read full article »
'Risk aversion is decreasing' »
on The Economic TimesPunita told in an exclusive interview that risk aversion is decreasing and investors are redeploying some of their money into equities. read full article »
Punita Kumar Sinha, senior MD, Blackstone Asia Advisors »
on The Economic TimesPunita told in an exclusive interview that risk aversion is decreasing and investors are redeploying some of their money into equities. read full article »
Effect of Rail Budget 2009 on Select Stocks »
on India Stock Market Picks and Tips in Indian SharesThis Week’s Links »
on Business PunditJon Taplin’s blog highlights how financial mismanagement has wiped out almost all productivity gains from the digital revolution. InventorSpot’s list of brilliant Ikea ads. Gregory McNamee writes a cultural autopsy of Michael Jackson. Mashable on how to use Wikis for business projects. .. read full article »
Obama changing approach to illegal immigration »
on The Economic TimesObama changing approach to illegal immigrationFederal agents will reserve tough criminal charges mostly for employers who serially hire illegal immigrants and engage in labor violations, officials said. H-1B visa read full article »
Diversify away from the dollar, says Tendulkar (not Cricket) »
on The Indian Investor's BlogSuresh Tendulkar questions Indian dollar reserves: Suresh Tendulkar, economic adviser to Indian’s Prime Minister Manmohan Singh, is urging the government to diversify its foreign exchange reserves and hold fewer dollars, he said today. “The major part of Indian reserves are in dollars -- .. read full article »
US regulators close 7 banks; total 52 »
on The Economic TimesUS bank regulators closed seven institutions in June including six banks in Illinois bringing the total number of US bank failures to 52 so far this year. read full article »
Major nations should back dollar: Japan »
on The Economic TimesMajor nations should back dollar: JapanMajor countries should support dollar as key international currency, although emerging nations may discuss a new one, a Japanese official said. All about Rupee read full article »
Texting at Work: Slacker Habit or Super Efficient? »
on Business PunditThe other day I was at a business luncheon and the woman across from me was texting like a fiend. Her thumbs were a blur. I was grateful. Her bad behavior made me feel better about my own. Because who hasn’t checked an email under a table, pretending others can’t see? After a few minutes .. read full article »
Bulk Deals: Provogue (India) tops NSE chart »
on News Centre@myiris.com India's Most Comprehensive Financial DestinationOn Friday, Indea Long Term Oppertunities Master Fund bought 710,500 shares at Rs 45.5 a share and The India Fund Inc sold 1,000,500 shares at Rs 45.5 a share of Provogue (India) at the National Stock Exchange (NSE). India Infoline Investment Services sold 190,000 shares at Rs 18.92 a share of .. read full article »
10-yr G-sec yield drops by 16 bps for week ended July 3 »
on News Centre@myiris.com India's Most Comprehensive Financial DestinationIndian federal gilt yields slumped by 16 basis points for the week ended Friday, July 3 to stand at 6.83% as against 6.99% on Friday, June 26 a week ago. At the beginning of the week, on Monday, June 29 Indian federal bond yields ended steady on the back of excess liquidity in the banking .. read full article »
Bleak payrolls report mauls Wall St »
on The Economic TimesUS stocks tumbled on Thursday, driving the S&P 500 down to its third-straight weekly loss, as a steeper-than-expected slide in June non-farm payrolls revived caution about economic recovery prospects. read full article »
Rupee appreciates 0.44% vs USD during the week »
on News Centre@myiris.com India's Most Comprehensive Financial DestinationThe Indian rupee appreciated marginally 0.44% against the US dollar for the week ended Friday, July 3 to stand at 47.89 after fluctuating throughout the week as against previous week`s close on Friday, June 26 at 48.10. At the beginning of the week, on Monday, June 29, Indian rupee ended steady .. read full article »
This Week’s Weird Jobs »
on Business PunditWould you trust a guy named Bobwho told you to “take control of your futur in a nation…which has been created by you and I?” Sometimes the ability to be articulate really counts. But don’t let that dissuade you. If you like grammatically challenged guys named Bob, midnight golf, and fire .. read full article »
State Bank of Travancore slashes BPLR by 50 bps »
on News Centre@myiris.com India's Most Comprehensive Financial DestinationState Bank of Travancore has decided to revise the benchmark prime lending rate (BPLR) by 50 basis points from 12.75% to 12.25%. The changes in the rates are effective from July 1, 2009.Shares of the company gained Rs 9.25, or 2.13%, to settle at Rs 442.95. The total volume of shares traded .. read full article »
Comp Comm to fast track M&As »
on The Economic TimesCompetition Commission of India (CCI) would try to clear the merger and acquisition (M&A) cases referred to it as fast as possible, members of the new anti-trust body said today. read full article »
RNRL files spl leave petition in SC against RIL »
on News Centre@myiris.com India's Most Comprehensive Financial DestinationReliance Natural Resources (RNRL) today announced that it has filed a special leave petition with the supreme court in the matter of supply of gas by Reliance Industries (RIL) to the company.Reliance Natural Resources is a gas-based energy undertaking with business interests in coal and liquid .. read full article »
Silver, gold continue to decline »
on The Economic TimesSilver prices continued to decline on the bullion market here today in the absence of demand from industrial users coupled with lower global cues. read full article »
Dabur »
on The Indian Market MonitorDabur gains 7% over the week. See previous post >>> Go read full article »
Forex reserves rise $932 million »
on The Economic TimesForeign exchange reserves rose $932 mn during the week ended June 26, partly on account of cross currency revaluation and also some mop up of inflows by the central bank. read full article »
Call rates decline 11 bps during week ended July 3 »
on News Centre@myiris.com India's Most Comprehensive Financial DestinationOvernight call rates declined sharply by 11 basis points for the week ended July 3 on account of excess liquidity in the banking system. Call rates traded within the range of 1.75-3.30% with weighted average rate (WAR) at 3.16% on July 3 as against the previous week`s (June 26) range of 1-3.40% .. read full article »
India`s oilmeals` exports plunge by 33% in June »
on News Centre@myiris.com India's Most Comprehensive Financial DestinationSuffered by lower demand form overseas market, India`s oilmeals exports plunged by 33% to 0.197 million tons in June 2009 against 0.295 million tons in the same month last year, reports Business Line. The shipments during April-June quarter dipped by 57% at 0.614 million tons compared to 1.433 .. read full article »
Rail Budget: Populist or Reformist? »
on News Centre@myiris.com India's Most Comprehensive Financial DestinationDaily market report: MCXCOMDEX down 0.44% »
on News Centre@myiris.com India's Most Comprehensive Financial DestinationMCX Comdex – The composite index of metals, energy and agro-commodities was down by 0.44% at 2,292.21 points, MCX Energy was down by 0.68% to 2,370.33 points, MCX Metal was down by 0.34% to 2,591.05 points and MCX Agri was down by 0.11%. Bullion: All bullion contracts reflected mixed trend. .. read full article »
Delphi moves to new campus in B'lore »
on The Economic TimesThe US-based Delphi, with Indian operations spread across three locations, has moved into a new premise in Bangalore. read full article »
Rail Budget is a wish list without much detail: Amitabh Chakraborty »
on News Centre@myiris.com India's Most Comprehensive Financial DestinationAmitabh Chakraborty, president (Equity), Religare Capital Markets commenting on today`s Railway Budget said that if the Railway budget gave some hint to what could be expected in the Central budget on Monday, it is clearly tilting towards populism. The Railway Budget has promised a lot to .. read full article »
Economic Survey FY09 has focus on reforms: D&B India »
on News Centre@myiris.com India's Most Comprehensive Financial DestinationYashika Singh – head - economy analysis group, Dun & Bradstreet (D&B) India commenting on the Economic Survey FY 2009 said that the Survey has an almost unprecedented focus on reforms, which is extremely encouraging. Apart from the various initiatives proposed, the suggestion of the move .. read full article »
Oracle plans to lay off up to 1,000 »
on The Economic TimesThe world's No. 2 publicly held software maker would be one of the last major technology companies to undertake significant layoffs in this economic downturn. read full article »
JM Financial MF scraps JM G Sec PF Plus »
on News Centre@myiris.com India's Most Comprehensive Financial DestinationJM Financial Mutual Fund`s JM G Sec Fund- PF Plus Plan failed to adhere to the requirements specified under the SEBI Circular No. 10/22701/03, dated Dec. 12, 2003, and has accordingly been wound-up with effect from July 3, 2009. ... read full article »
10-yr G-sec yield ends lower at 6.83% »
on News Centre@myiris.com India's Most Comprehensive Financial DestinationIndian federal bond yields declined on Friday, July 3 fuelled by hopes the government will probably announce lower-than-expected borrowing in the updated budget on Monday.The yield on the 6.05% bond maturing in February 2019 ended 4 basis points down at 6.83% as compared to previous close of .. read full article »
MFs remain net sellers in equities on Jul 2 »
on News Centre@myiris.com India's Most Comprehensive Financial DestinationMutual Funds (MFs) remained net sellers in equities worth Rs 2,071 million on Jul 2. They bought equities worth Rs 7,557 million and sold equities worth Rs 9,628 million. Till July 2 they have been net buyers in equities worth Rs 3,731 million.MFs remained net buyers in debt segment worth Rs .. read full article »
Rupee ends stronger at 47.89/91 vs USD »
on News Centre@myiris.com India's Most Comprehensive Financial DestinationThe rupee appreciated on Friday, July 3 on hopes of persistent capital inflow from foreign institutional investors (FIIs) with a view of gains in local equities. The partially convertible rupee settled marginally stronger by 5 paise at 47.89/91 against greenback than its Wednesday`s close of .. read full article »
FIIs remain net buyers in equities on Jul 2 »
on News Centre@myiris.com India's Most Comprehensive Financial DestinationForeign Institutional Investors (FIIs) remained net buyers in equities worth Rs 4,019 million on Jul 2. They bought equities worth Rs 23,027 million and sold equities worth Rs 19,008 million. Till Jul 2, they have been net buyers in equities worth Rs 5,656 million.FIIs remained net buyers in the .. read full article »
RIL files caveat in SC against ex parte judgment »
on The Economic TimesRIL files caveat in SC against ex parte judgmentRNRL earlier today moved SC seeking modification of the Bombay HC ruling that suggested firming up gas supply contract through negotiations. RIL's KG-D6 facility read full article »