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Date: 25/07/2014
Forex - EUR/USD dips as dollar firms on robust U.S. durable goods data
Forex - EUR/USD dips as dollar firms on robust U.S. durable goods data Forex - EUR/USD dips as dollar firms on robust U.S. durable goods data
Date: 25/07/2014
Zodiac Clothing Company's director resigns
Zodiac Clothing Company's director resigns Zodiac Clothing Company has informed BSE that Mr. Deepak Parekh, Alternate Director to Dr. Heinrich Dietrich Dieckmann has resigned from the Board of Directors of the Company w.e.f. July 09, 2014.
Date: 25/07/2014
Aravali Securities Finance's director Gautam Khaitan resigns
Aravali Securities  Finance's director Gautam Khaitan resigns Aravali Securities Finance has informed that Mr. Gautam Khaitan, Director of the Company has tendered his resignation from the Board of Directors of the Company w.e.f. July 23, 2014 (letter received on July 24, 2014).
Date: 25/07/2014
Subex's AGM on August 14, 2014
Subex's AGM on August 14, 2014 Subex has informed that the 20th Annual General Meeting (AGM) of the Company will be held on August 14, 2014.
Date: 25/07/2014
Sat Industries: Outcome of AGM
Sat Industries: Outcome of AGM Sat Industries has informed that the 29th Annual General Meeting (AGM) of the Company was held on July 19, 2014.
Date: 25/07/2014
IITL Projects' director Jayant Godbole resigns
IITL Projects' director Jayant Godbole resigns IITL Projects has informed that Mr. Jayant Godbole has resigned as Director with effect from July 24, 2014 on the Board of the Company.
Date: 25/07/2014
Jindal Steel Power's Q1 results on August 06, 2014
Jindal Steel  Power's Q1 results on August 06, 2014 Jindal Steel Power board meeting will be held on August 06, 2014, to consider and approve standalone and consolidated un-audited financial results (provisional) for the quarter ended on June 30, 2014 (Q1).
Date: 25/07/2014
Suryaoday Agro: Outcome of board meeting (AGM on Sept 27, 2014)
Suryaoday Agro: Outcome of board meeting (AGM on Sept 27, 2014) Suryaoday Agro has informed that the Board of Directors of the Company at its meeting held on July 25, 2014, have scheduled to convene and conduct the Twenty Second Annual General Meeting of the Company on September 27, 2014.
Date: 25/07/2014
Jayaswal Neco Industries: Outcome of EGM
Jayaswal Neco Industries: Outcome of EGM Jayaswal Neco Industries has informed that the Extra Ordinary General Meeting (EGM) of the Company was held on July 25, 2014.
Date: 25/07/2014
Kosian Finance: Outcome of board meeting
Kosian Finance: Outcome of board meeting Seven Hill Industries has informed regarding Outcome of Board Meeting held on July 25, 2014.
Date: 25/07/2014
Simplex Trading Agencies: Outcome of board meeting (EGM on Sept 01, 2014)
Simplex Trading  Agencies: Outcome of board meeting (EGM on Sept 01, 2014) Simplex Trading Agencies has informed regarding Outcome of Board Meeting held on July 25, 2014.
Date: 25/07/2014
Omaxe: Outcome of board meeting
Omaxe: Outcome of board meeting Omaxe its meeting held on July 25, 2014, has considered /approved the Board considered and approved constitution / reconstitution, as per the provisions of the Companies Act, 2013 and clause 49 of the Listing Agreement.
Date: 25/07/2014
Bhilwara Technical Textiles: Outcome of board meeting
Bhilwara Technical Textiles: Outcome of board meeting Bhilwara Technical Textiles at its meeting held on July 25, 2014, has transacted the Board of Directors noted the resignation of Shri Nikhil Chauhan, Company Secretary with effect from May 24, 2014.
Date: 25/07/2014
Indag Rubber's director S. L. Khemka resigns
Indag Rubber's director S. L. Khemka resigns Indag Rubber has informed that Shri S. L. Khemka has resigned from the directorship of the Company, which was accepted by the Board in its meeting held on July 25, 2014. The resignation would be effective w.e.f. July 25, 2014.
Date: 25/07/2014
Wendt: Outcome of AGM
Wendt: Outcome of AGM Wendt (India) has informed that the 32nd Annual General Meeting (AGM) of the Company was held on July 24, 2014.
Date: 25/07/2014
Gaza faces scary reconstruction when elusive truce struck
Gaza faces scary reconstruction when elusive truce struck Israeli artillery has shredded entire neighbourhoods and air strikes have pounded the scant infrastructure that barely kept the crowded strip of 1.8 million people running even in peacetime.
Date: 25/07/2014
RBI penalises ICICI Bank, Canara Bank, Yes Bank 9 others
RBI penalises ICICI Bank, Canara Bank, Yes Bank  9 others The Reserve Bank said it had "carried out a scrutiny of the loan and current accounts of Deccan Chronicle Holdings, in certain branches of the 12 banks in late 2013". Based on the findings of the scrutiny, the RBI issued showcause notices to these banks in March 2014, to which the individual banks submitted written replies.
Date: 25/07/2014
Experts discuss agenda for new govt beyond Budget 2014
Experts discuss agenda for new govt beyond Budget 2014 An expert panel consisting Rashesh Shah, Chairman and CEO of the Edelweiss Financial Services Group, Kewal Handa, Former Managing Director of Pfizer India and Piruz Khambatta, Chairman Private limited discuss the agenda for the government beyond Budget 2014‚??s hits and misses on ‚??Change India‚??s second episode.
Date: 25/07/2014
EU, Australia-led group unite against India at WTO
EU, Australia-led group unite against India at WTO In two separate statements the European Union and an Australia-led group of more than two dozen countries have asked India not to veto the Trade Facilitation Agreement (TFA) of the World Trade Organization (WTO).
Date: 25/07/2014
Adani Group in talks with Jaypee for buying hydel projects
Adani Group in talks with Jaypee for buying hydel projects According to them, Adani Group is in discussions for purchasing Jaypee Group's hydel projects, having total capacity of 1,700 MW, including two in Himachal Pradesh. The deal is estimated to be worth over Rs 11,000 crore, including debt component, sources said.
Date: 25/07/2014
Nifty up 1.6% this week; broader mkts get reality check
Nifty up 1.6% this week; broader mkts get reality check Broader markets came under selling pressure as earnings reported by some of the major firms in the space did not match the recently appreciated stock valuations
Date: 25/07/2014
Debt MFs have option to recalibrate scheme: Rev secy
Shaktikanta Das The Finance Minister today justified the hike in tax for debt mutual funds. He said that the retail participation remains low and corporates use debt MFs as a tool for arbitrage. The revenue secretary also told CNBC-TV18 that the tax burden on companies is not very heavy.
Date: 25/07/2014
What tax hike? You may still pay 0% LTCG on debt funds
What tax hike? You may still pay 0% LTCG on debt funds Retail investors, if they can hold on for three years, are still better off investing in debt funds instead of traditional bank products such as fixed deposits.
Date: 25/07/2014
Obama: What's legal might not be right for US
Obama: What's legal might not be right for US Obama said that these companies performing tax inversions, which buy foreign firms to technically change their tax domicile to a country with a lower tax rate, benefit from America's university system and infrastructure, but then turn around and "game the system."
Date: 25/07/2014
Sensex snaps 8-day gains, falls 145 pts; Tata Motors tanks
Sensex snaps 8-day gains, falls 145 pts; Tata Motors tanks Experts turned cautious especially post Thursday‚??s record high. Hence, they see further profit booking in the market, at least in the beginning of next week followed by some consolidation.
Date: 25/07/2014
Reliance Mutual Fund announces name change under 3 Schemes
Reliance Mutual Fund announces name change under 3 Schemes Reliance Mutual Fund announces name change under 3 Schemes, with effect from July 30, 2014.
Date: 25/07/2014
UTI Mutual Fund announces change in fund manager
UTI Mutual Fund announces change in fund manager UTI Mutual Fund announces change in fund manager, with effect from July 25, 2014.
Date: 25/07/2014
Confident this will be a year of robust growth: Firstsource
Sanjiv Goenka In an interview to CNBC-TV18‚??s Reema Tendulkar and Nigel D‚??Souza, Sanjiv Goenka, Chairman, Firstsource Solutions spoke about his plans and outlook for the company.
Date: 25/07/2014
Escorts ties-up with LT Finance for vehicle loan
Escorts ties-up with LT Finance for vehicle loan Escorts has tied up with LT Finance to provide loan for buying tractors. The company has inked a preferred financier agreement with LT Finance to provide loans to tractor customers across the country.
Date: 25/07/2014
UP govt issues notices to 52 sugar mills over cane arrears
UP govt issues notices to 52 sugar mills over cane arrears Also lodges 60 FIRs against 43 sugar mills.
Date: 25/07/2014
Is China set up for a 'perfect storm' in 2016?
Is China set up for a 'perfect storm' in 2016? China`s economy expanded 7.5 percent in the second quarter, a touch above expectations of and rising from 7.4 percent in the first three months of the year, as the government`s targeted stimulus measures began to pay off.
Date: 25/07/2014
ICICI Bank to raise Rs 500 cr in bonds: Sources
ICICI Bank to raise Rs 500 cr in bonds: Sources The bond sale comes on the heels of the Reserve Bank of India's announcement last week allowing bonds sold by lenders to be exempt from mandatory reserve requirements if the proceeds are lent to the infrastructure sector.
Date: 25/07/2014
Why Jaypee may be better off after Taqa sale call-off
Why Jaypee may be better off after Taqa sale call-off With investor sentiment marking a stark improvement since the storming to power of the Narendra Modi-led BJP, Jaypee could now garner an even higher amount for the sale.
Date: 25/07/2014
Nifty below 7800, Sensex falls 145 pt; Tata Motors tanks 6%
Nifty below 7800, Sensex falls 145 pt; Tata Motors tanks 6% Sun Pharma was up 4 percent while HUL, HDFC, Hero MotoCorp and Dr Reddy's Labs were up 1-2 percent. Tata Motors tanked 6 percent and Wipro slipped 5 percent. BHEL, Hindalco and Tata Power were laggards in the Sensex.
Date: 25/07/2014
Will TVS be able to hold on to Bajaj lead?
Will TVS be able to hold on to Bajaj lead? Bajaj's loss of market share partially stems from the failure of the Discover and it is focusing reviving the brand.
Date: 25/07/2014
BHEL slips 5%, Reliance falls; Sensex, Nifty drag 1%
BHEL slips 5%, Reliance falls; Sensex, Nifty drag 1% Sun Pharma is up 3 percent while HUL, HDFC, Dr Reddy's Labs and MM are top gainers in the Sensex. Among the losers are BHEL, Wipro, Hindalco, Reliance and Sesa Sterlite.
Date: 25/07/2014
Debt MF relief:FM says no retro tax, new regime from Jul 11
Debt MF relief:FM says no retro tax, new regime from Jul 11 Union Finance minister Arun Jaitley assured investors of a stable tax regime while promising to bring in goods and services tax (GST) in this year itself. He ruled out imposition of long term capital gain tax on debt mutual funds retrospectively.
Date: 25/07/2014
Sensex, Nifty under pressure; pharma, FMCG up; ICICI falls
Sensex, Nifty under pressure; pharma, FMCG up; ICICI falls Hindustan Unilever, Sun Pharma, HDFC, Mahindra Mahindra, Maruti Suzuki and Hero Motocorp bucked the trend, up 1-3 percent.
Date: 25/07/2014
Nifty below 7800 on profit booking; HUL up 2%, autos zoom
Nifty below 7800 on profit booking; HUL up 2%, autos zoom HUL, Sun Pharma, HDFC, MM and Maruti are top gainers in the Sensex. Among the losers are Wipro, BHEL, Hindalco, Tata Motors and Sesa Sterlite.
Date: 25/07/2014
Banks not allowed to trade in bonds for infra lending: RBI
Banks not allowed to trade in bonds for infra lending: RBI Reserve Bank of India Deputy Governor R Gandhi said the central bank would prefer that these bonds for infrastructure lending attract investors from outside the banking sector.
Date: 25/07/2014
Sensex, Nifty weak; IT, cap goods drag; Sun Pharma gains 3%
Sensex, Nifty weak; IT, cap goods drag; Sun Pharma gains 3% Technology stocks remained under pressure with the Wipro falling 6 percent post reporting lower than expected margin and dollar revenue growth. Its rivals TCS and Wipro lost 0.6 percent each.
Date: 25/07/2014
Mutual Funds gain as markets closed higher
Mutual Funds gain as markets closed higher Equity and Debt Mutual Funds closed in a positive terrain as market gained strength in last hour of trade after seeing consolidation from the beginning, continuing upmove for the eighth consecutive session on Thursday supported by FMCG, technology and metal stocks.
Date: 25/07/2014
Sensex, Nifty open flat; Wipro slumps 7%, SBI Sesa drag
Sensex, Nifty open flat; Wipro slumps 7%, SBI  Sesa drag Tata Steel, HDFC, GAIL, Hindalco and BHEL are top gainers in the Sensex. Among the big losers are Wipro, Dr Reddy's Labs, SBI, ICICI and Sesa Sterlite.
Date: 24/07/2014
Tata Steel raises USD 1.5 billion in overseas bond sale
Tata Steel raises USD 1.5 billion in overseas bond sale The Tata Steel issue is the second largest bond issue from the country after the ONGC Videsh, the international arm of oil major ONGC earlier this month had mopped up a whopping USD 2.3 billion in a dual tranche issue.
Date: 24/07/2014
Tata Steel raises USD 1.5 billion in overseas bond sale
Tata Steel raises USD 1.5 billion in overseas bond sale The Tata Steel issue is the second largest bond issue from the country after the ONGC Videsh, the international arm of oil major ONGC earlier this month had mopped up a whopping USD 2.3 billion in a dual tranche issue.
Date: 24/07/2014
Sebi happy with new investor protection measures by govt
Poornima Murali After the Cabinet Committee on Economic Affairs (CCEA) cleared the Securities Laws (Amendment) Bill 2014, SEBI Chairman said Parliament nod for such a Bill would send a strong signal to those defrauding gullible investors with illegal schemes.
Date: 24/07/2014
CBI registers preliminary inquiry against Adani Group
CBI registers preliminary inquiry against Adani Group CBI sources said the Adani Group had allegedly taken credit facilities from several public sector banks for equipment for power infrastructure
Date: 24/07/2014
CBI registers preliminary inquiry against Adani Group
CBI registers preliminary inquiry against Adani Group CBI sources said the Adani Group had allegedly taken credit facilities from several public sector banks for equipment for power infrastructure
Date: 24/07/2014
Too early to say eco getting out of tough situation: FM
Arun Jaitley Finance Minister Arun Jaitley says it is too early to say whether the Indian economy is getting out of a challenging situation. Jaitley was replying to the debate on the Union Budget 2014 in the Rajya Sabha. He said the recent data only showing initial signs of inflation coming down.
Date: 24/07/2014
IMF cuts global growth forecasts for 2014; retains India's
IMF cuts global growth forecasts for 2014; retains India's IMF believes improved business sentiment is likely to offset impact of poor rains and aid economic recovery in India. It says Indian GDP growth appears to have bottomed out.
Date: 24/07/2014
IMF cuts global growth forecasts for 2014; retains India's
IMF cuts global growth forecasts for 2014; retains India's IMF believes improved business sentiment is likely to offset impact of poor rains and aid economic recovery in India. It says Indian GDP growth appears to have bottomed out.
Date: 24/07/2014
IRDA fines Sahara India Life Insurance for violating norms
IRDA fines Sahara India Life Insurance for violating norms "The company has procured only 31,444 social sector lives against its mandatory target of 35,000 lives. Thus, there is a shortfall of 3,556 lives against its obligations in the eighth year of operation," IRDA said in an order.
Date: 24/07/2014
IRDA fines Sahara India Life Insurance for violating norms
IRDA fines Sahara India Life Insurance for violating norms "The company has procured only 31,444 social sector lives against its mandatory target of 35,000 lives. Thus, there is a shortfall of 3,556 lives against its obligations in the eighth year of operation," IRDA said in an order.
Date: 24/07/2014
Ambuja Cements' approve 90% interim dividend
Ambuja Cements' approve 90% interim dividend Ambuja Cements at its meeting held on July 24, 2014, has approved payment of interim dividend at 90% on equity shares of the Company i.e. Rs. 1.80 per share. The dividend shall be paid on and from August 08, 2014.
Date: 24/07/2014
JSW Energy's director D. J. Balaji Rao retired
JSW Energy's director D. J. Balaji Rao retired JSW Energy has informed that Mr. D. J. Balaji Rao has ceased to be Director on the Board of the Company with effect from July 24, 2014 consequent upon Mr. Balaji Rao not seeking re-appointment at the 20th Annual General Meeting of the Company held on July 23, 2014.
Date: 24/07/2014
Mysore Petro Chemicals' board meeting postponed
Mysore Petro Chemicals' board meeting postponed Mysore Petro Chemicals has informed that due to some unavoidable reasons, the Board Meeting scheduled to be held on July 29, 2014, to consider and adopt the Unaudited Financial Results of the Company for the First quarter ended June 30, 2014 has been postponed to a later date.
Date: 24/07/2014
Acknit Knitting's AGM on Sept 09, 2014 (e-voting)
Acknit Knitting's AGM on Sept 09, 2014 (e-voting) Acknit Knitting has informed that in pursuant to provisions of Section 108 of the Companies Act, 2013 and Rule 20(3)(vii) of the Companies (Management Administration) Rules, 2014, the Company has fixed August 04, 2014 as the cut-off date to record the entitlement of the shareholders to cast their vote electronically at the 24th AGM.
Date: 24/07/2014
Tata Chemicals' Q1 results on August 05, 2014
Tata Chemicals' Q1 results on August 05, 2014 Tata Chemicals board meeting will be held on August 05, 2014, to consider and approve the Financial Results of the Company for the first quarter ended June 30, 2014 (Q1).
Date: 24/07/2014
Indo-Asian Projects: Outcome of board meeting
Indo-Asian Projects: Outcome of board meeting Indo-Asian Projects at its meeting held on July 24, 2014, has transacted the appointed Mr. K. Rambabu as Managing Director cum Chief Executive officer of the Company.
Date: 24/07/2014
Shree Surgovind's board meeting on July 31, 2014
Shree Surgovind's board meeting on July 31, 2014 Shree Surgovind Tradelink baord meeting will be held on July 31, 2014, to consider the quarterly unaudited result for the quarter ended June 30, 2014. The approval of the audited accounts for the year ended March 31, 2014 to convey the next Annual General Meeting of the Company.
Date: 24/07/2014
Dunlop India's director Subbaratnam Ravi passed away
Dunlop India's director Subbaratnam Ravi passed away Dunlop India has informed that Mr. Subbaratnam Ravi ceased to be the Director of the Company w.e.f. July 18, 2014.
Date: 24/07/2014
REC's Q1 results on August 12, 2014
REC's Q1 results on August 12, 2014 Rural Electrification Corporation's baord meeting will be held on August 12, 2014, to consider and approve the un-audited Financial Results of the Company for the first quarter ended June 30, 2014 (Q1). Further, the Company has informed that, as per Company's code for Prohibition of Insider Trading framed pursuant to the Securities.
Date: 24/07/2014
RBI to open debt market to short-term foreign investors
RBI to open debt market to short-term foreign investors "We will do it carefully, we will do it in a measured way. In general, the movement is towards more liberalisation rather than away from liberalisation. But we have to do it our own pace," Rajan said.
Date: 24/07/2014
Ukrainian prime minister announces resignation
Ukrainian prime minister announces resignation Ukrainian Prime Minister Arseniy Yatsenyuk has announced his resignation following turmoil in government.
Date: 24/07/2014
Coal India's plans for 20 mines hit by environment delays
Coal India's plans for 20 mines hit by environment delays Coal and Power Minister Piyush Goyal told parliament the projects, costing more than Rs 200 million (USD 3 million), "could not be started due to constraints of land acquisition and environmental clearance".
Date: 24/07/2014
Global economy starts second half on solid footing - PMIs
Global economy starts second half on solid footing - PMIs While China is relying on increased government stimulus to steer its economy away from reliance on exports and towards consumer spending, Europe has taken the opposite approach, combining fiscal austerity with near-zero interest rates.
Date: 24/07/2014
Israel defies global pressure in Gaza, toll tops 770
Israel defies global pressure in Gaza, toll tops 770 Israel focused its attacks on southeast of Gaza, with residents fleeing areas which came under heavy bombing. Over 70 people were killed in Gaza today, taking the overall Palestinian toll to over 770 since Israel launched its military offensive to halt rocket fire by Hamas on July 8
Date: 24/07/2014
Experts analyse Budget 2014 from young India's perspective
Experts analyse Budget 2014 from young India's perspective A panel of experts discuss whether the Budget has delivered the goods for Young India and what more the government needs to do hereon.
Date: 24/07/2014
Missing Air Algerie flight has crashed: Algerian official
Missing Air Algerie flight has crashed: Algerian official An Air Algerie flight that went missing en route from Burkina Faso to Algiers has crashed, an Algerian aviation official told Reuters on Thursday.
Date: 24/07/2014
Parliament nod key to check ponzi schemes: SEBI chief
Parliament nod key to check ponzi schemes: SEBI chief The Cabinet Committee on Economic Affairs (CCEA) today cleared the Securities Laws (Amendment) Bill 2014, which would now go to Parliament for passage.
Date: 24/07/2014
Ranbaxy inks pact with Cipher to sell acne drug in Brazil
Ranbaxy inks pact with Cipher to sell acne drug in Brazil The licensing agreement extends Ranbaxy's current relationship with Cipher, under which it is marketing isotretinoin capsules in the US under the brand 'Absorica', Ranbaxy Laboratories said in a statement.
Date: 24/07/2014
Inclusive govt can overcome Iraq 'existential threat': Ban
Inclusive govt can overcome Iraq 'existential threat': Ban "Iraq is facing an existential threat but it can be overcome by the formation of a thoroughly inclusive government," UN Secretary General Ban Ki-moon said at a joint press conference with Prime Minister Nuri al-Maliki.
Date: 24/07/2014
Indirect tax collections up 4.5% in April-June
Indirect tax collections up 4.5% in April-June Indirect tax collections comprising excise, customs and service tax stood at about Rs 1,13,570 crore in the first quarter of 2014-15 fiscal, as against Rs 1,08,639 crore in the corresponding period a year ago, the finance ministry said in release.
Date: 24/07/2014
We have miles to go in improving rural India: Jaitley
Arun Jaitley Capital formation in agriculture which is the key to the development of the rural infrastructure. That is the one area where we are still hugely lacking, said FM Arun Jaitley.
Date: 24/07/2014
China planning new rail link close to Arunachal Pradesh
China planning new rail link close to Arunachal Pradesh It will include 13 stations with altitudes ranging from 3,600 to 4,000 metres. The trains are expected to run on the extension line at a speed of 120 kilometres per hour.
Date: 24/07/2014
Vedanta loan at floating rate of 3% plus LIBOR: Cairn
Sajeet Manghat Cairn said the money has been lent on commercial terms.
Date: 24/07/2014
Mobile services mkt in India to be $19.2bn in 2014: Gartner
Mobile services mkt in India to be $19.2bn in 2014: Gartner "The mobile market in India is going through a rough patch, where voice average revenue per user (ARPU) is falling very fast, and the increase in data ARPU is not able to fully compensate for the decline," Gartner Senior Research Analyst Neha Gupta said in a statement.
Date: 24/07/2014
How Aadhaar got a new lease of life under Modi
How Aadhaar got a new lease of life under Modi Nandan Nilekani is learnt to have impressed upon the PM that the Aadhaar could help curb the country‚??s yawning fiscal deficit by curbing wasteful subsidies up to the tune of Rs 50,000 crore.
Date: 24/07/2014
No tiff between CIL, NTPC on 3rd party coal sampling: Goyal
Piyush Goyal Finance Minister Arun Jaitley during his Budget speech had said that stringent mechanism for quality control of coal were being put in place. A system for third party sampling of coal is already in place since October last year at loading points.
Date: 24/07/2014
RBI likely to maintain status quo in Aug policy: SBI chief
Arundhati Bhattacharya Reserve Bank is scheduled to announce its bi-monthly monetary policy on August 3. It is largely believed that RBI is going to keep interest rate intact as there is pressure on inflation due to deficient rainfall in the country.
Date: 24/07/2014
Nifty ends above 7800 for 1st time, up for 8th straight day
Nifty ends above 7800 for 1st time, up for 8th straight day The market gained strength in last hour of trade after seeing consolidation from the beginning, continuing upmove for the eighth consecutive session today. The Sensex climbed 124.52 points to 26271.85 and the Nifty rallied 34.85 points to 7830.60 after hitting a day‚??s high of 26292.66 and 7,835.65, respectively.
Date: 24/07/2014
How Modi can change India; as World Bank chief sees it
How Modi can change India; as World Bank chief sees it The Prime Minister has prided himself and has become known for someone committed to execution, World Bank chief Jim Yong Kim said. "This encourages us."
Date: 24/07/2014
Sensex, Nifty at new closing high; steel gains, HUL up 2%
Sensex, Nifty at new closing high; steel gains, HUL up 2% The market has ended on high note after a volatile trading session. The Nifty closed above 7800 for first time ever, at 7830.60, up 34.85 points. The Sensex ended at record closing high of 26,271.85 up 124.52 points. About 1502 shares have advanced, 1456 shares declined, and 129 shares were unchanged.
Date: 24/07/2014
GAIL, Hero, HDFC laggards; Sensex, Nifty sluggish
GAIL, Hero, HDFC laggards; Sensex, Nifty sluggish Hindalco, Tata Steel, Sesa Sterlite, BHEL and HUL are top gainers in the Sensex. Among the losers are GAIL, Dr Reddy's Labs, Hero Motocorp and HDFC.
Date: 24/07/2014
Hindalco, Sesa, Tata Steel rally 2%; Sensex rangebound
Hindalco, Sesa, Tata Steel rally 2%; Sensex rangebound Tata Steel, Hindalco Industries, Sesa Sterlite, Mahindra Mahindra, BHEL, Bank of Baroda and HCL Technologies rallied 1-2 percent.
Date: 24/07/2014
Cabinet okays 49% FDI in insurance, SEBI Act amendment
Cabinet okays 49% FDI in insurance, SEBI Act amendment The Cabinet on Thursday approved raising Foreign Direct Investment in insurance sector up to 49 percent and also gave its consent to amend the SEBI Act.
Date: 24/07/2014
Nifty struggles below 7800; insurance steel stocks gain
Nifty struggles below 7800; insurance  steel stocks gain GAIL, Dr Reddy's Labs, Bajaj Auto, Cipla and Hero MotoCorp are top losers in the Sensex. Among the gainers are Tata Steel, Hindalco, BHEL, MM and Tata Power. Shares in steel makers surge after a surprisingly strong reading on Chinese manufacturing.
Date: 24/07/2014
Equity NAVs end mixed as markets closed higher
Equity NAVs end mixed as markets closed higher Equity Mutual Funds delivered mixed returns as the Equity benchmarks managed to end at record closing highs amid volatility on Wednesday, largely supported by technology stocks and banking majors.
Date: 24/07/2014
Sensex, Nifty consolidate; Reliance Cap, Max India up 2%
Sensex, Nifty consolidate; Reliance Cap, Max India up 2% Cairn India topped the selling list in Nifty, down 4.5 percent after its first quarter bottomline dropped 64 percent on sequential basis due to change in depreciation policy.
Date: 24/07/2014
Japan June exports dip in warning sign for economic outlook
Japan June exports dip in warning sign for economic outlook Sluggish exports, a weak spot in the economy, have been a concern for policymakers who hope that a recovery in external demand would help offset the pain from the April sales tax hike to 8 percent from 5 percent.
Date: 24/07/2014
Sensex, Nifty in red; Wipro TCS gain, Reliance falls 1%
Sensex, Nifty in red; Wipro  TCS gain, Reliance falls 1% Wipro, Sun Pharma, Bajaj Auto, HUL and TCS are top gainers in the Sensex. Among the losers are Bharti, Sesa Sterlite, Reliance, LT and GAIL.
Date: 24/07/2014
China July HSBC flash PMI at 18-month high of 52.0
China July HSBC flash PMI at 18-month high of 52.0 "Economic activity continues to improve in July, suggesting that the cumulative impact of mini-stimulus measures introduced earlier is still filtering through," said Qu Hongbin, chief economist for China at HSBC.
Date: 24/07/2014
Take profits if mkt slide: Sudarshan Sukhani
Sudarshan Sukhani Watch the interview of technical analyst, Sudarshan Sukhani of s2analytics.com with Latha Venkatesh and Sonia Shenoy of CNBC-TV18. He shared his reading and outlook on the market and also gave recommendations on various stocks.
Date: 23/07/2014
TN textile space eyes 'ache din' with focus on mfg capacity
Poornima Murali Two long-standing demands of textile exporters from TN: free trade agreements with European nations and tariff concessions from China.
Date: 23/07/2014
Modi govt all out to woo FIIs; plans global media campaign
Rituparna Bhuyan Modi administration is planning an all out global media campaign targeted at prospective foreign investors.
Date: 23/07/2014
Cognizant wins IT services deal from US-based NAPHSIS
Cognizant wins IT services deal from US-based NAPHSIS The company will also help the National Association for Public Health Statistics and Information Systems (NAPHSIS) grow its customer base by enhancing its marketing strategy and attracting new subscribers, it added.
Date: 23/07/2014
Cognizant wins IT services deal from US-based NAPHSIS
Cognizant wins IT services deal from US-based NAPHSIS The company will also help the National Association for Public Health Statistics and Information Systems (NAPHSIS) grow its customer base by enhancing its marketing strategy and attracting new subscribers, it added.
Date: 23/07/2014
Quick Review: Honda's Mobilio BMW ActiveHybrid 7
Quick Review: Honda's Mobilio  BMW ActiveHybrid 7 It's raining launches in Motown. Honda today came out with its much-awaited 7-seater, the Mobilio priced at Rs 6.49 lakh. And not only Honda, luxury carmaker BMW introduced the ActiveHybrid 7 today. This is the first hybrid BMW to be launched in the country and will come in the long wheelbase version.
Date: 23/07/2014
How the super rich are taking super risks and winning!
How the super rich are taking super risks and winning! The number of ultra high networth households, i.e. households with networth of more than Rs 25 crore, increased in the last financial year by 16 percent to 117,000, albeit at a slower pace than last three years, but the networth of these households have touched Rs 104 lakh crore.
Date: 23/07/2014
Govt proposes 49% FDI in defence mfg via approval route
Sapna Das While new proposals will continue to be on the approval route, foreign institutional investments (FIIs), which so far were not permitted, will be allowed.
   
 
 
 
HDFC
   26126.75 (-0.55%)   0.00 (0.00%)   0.00 (0.00%)  532454.BO 0.00 (N/A)   0.00 (0.00%)   0.00 (0.00%)   0.00 (0.00%)   0.00 (0.00%)   0.00 (0.00%)   0.00 (0.00%)   0.00 (0.00%)  500182.BO 0.00 (N/A)   0.00 (0.00%)   0.00 (0.00%)  500209.BO 0.00 (N/A)   0.00 (0.00%)   0.00 (0.00%)   0.00 (0.00%)   0.00 (0.00%)   0.00 (0.00%)   0.00 (0.00%)  532703.BO 0.00 (N/A)  532704.BO 0.00 (N/A)   0.00 (0.00%)  500376.BO 0.00 (N/A)   0.00 (0.00%)  500570.BO 0.00 (N/A)   0.00 (0.00%)   0.00 (0.00%)   (stocks delayed by 10 minutes)
   BIRLA SUN LIFE EQUITY FUND-G   415.39(-4.92)   BNP PARIBAS MIDCAP FUND-G   18.722(-0.103) DAIWA INDUSTRY LEADERS-G   12.78(0.11)   FRANKLIN INDIA FLEXI CAP FUND-G   50.0016(-0.3138)   FRANKLIN INDIA HIGH GROWTH COMPANIES FUND-G   22.0734(-0.0746)   IDFC PREMIER EQUITY FUND - REGULAR PLAN-G   56.9883(-0.386)   IDFC STERLING EQUITY FUND - REGULAR PLAN-G   28.866(-0.016)   MORGAN STANLEY A.C.E. FUND - REGULAR PLAN-G   20.697(-0.161)   RELIANCE GROWTH FUND-G   655.1922(-8.2119)   RELIANCE REGULAR SAVINGS FUND - EQUITY OPTION-G   43.7048(-0.5984)   SBI CONTRA FUND-G   73.4272(-0.7281)   SUNDARAM SELECT MIDCAP FUND - REGULAR PLAN-G   253.8266(-3.932)
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