Sagar Investments
 
 
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    MF  BIRLA SUN LIFE EQUITY FUND-G     434.23    (6.46)       BNP PARIBAS MIDCAP FUND-G     20.617    (0.321)       DAIWA INDUSTRY LEADERS-G     12.78    (0.11)       FRANKLIN INDIA FLEXI CAP FUND-G     54.6311    (0.8418)       FRANKLIN INDIA HIGH GROWTH COMPANIES FUND-G     25.0125    (0.4373)       IDFC PREMIER EQUITY FUND - REGULAR PLAN-G     62.0397    (1.0922)       IDFC STERLING EQUITY FUND - REGULAR PLAN-G     32.6103    (0.3112)       MORGAN STANLEY A.C.E. FUND - REGULAR PLAN-G     20.697    (-0.161)       RELIANCE GROWTH FUND-G     715.6259    (15.3602)       RELIANCE REGULAR SAVINGS FUND - EQUITY OPTION-G     47.2529    (0.9113)       SBI CONTRA FUND-G     79.2679    (1.5262)       SUNDARAM SELECT MIDCAP FUND - REGULAR PLAN-G     284.9861    (5.2234)      
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Sagar Investments

407 Satyam Mall,
Nr Vishveshwar Mahadev,
Vastrapur, Ahmedabad. - 380 015
Gujarat India
Office Tel. No:. +91 79 3002 5493
 
Pihas Parikh: 93270 00930 / 94281 23823
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Latest News
 
Date: 18/09/2014
Why cheaper drug only for 91 nations? Protesters to Gilead
Archana Shukla No good deed goes unpunished and US drug-maker Gilead Sciences is learning this the hard way. What began as a soft murmur against Gilead's voluntary licensing deal with 7 Indian generic drug-makers for its Hec-C treatment have become a full-blown protest.
Date: 18/09/2014
India-China talks: High on hype; low on substance?
Brahma Chellaney While Modi and Jinping held bilateral talks, the border remains tense. There are reports of a standoff between Indian and Chinese soldiers and add to that Tibetian protesters stormed the security cordon at the Hyderabad House against Jinping's visit. So can India and China bridge this trust deficit through business transactions?
Date: 18/09/2014
Future Market Networks: Outcome of AGM (Clause 35A)
Future Market Networks: Outcome of AGM (Clause 35A) Future Market Networks has informed that the 6th Annual General Meeting (AGM) of the Company was held on September 18, 2014, under Clause 35A.
Date: 18/09/2014
Le Waterina Resorts Hotels: Outcome of board meeting
Le Waterina Resorts  Hotels: Outcome of board meeting Le Waterina Resorts Hotels at its meeting held on August 22, 2014, has approved the Reappointment of M/s. N. Balasubramaniam Associates as Auditors appointment of Shri Aditya Jalan as Independent Director. Appointment of Shri Parthiban Balasubramaniam as Independent Director.
Date: 18/09/2014
Aplab: Outcome of AGM
Aplab: Outcome of AGM Aplab has informed that the 49th Annual General Meeting (AGM) of the Company was held on August 07, 2014.
Date: 18/09/2014
Chennai Petroleum Corporation: Updates on outcome of AGM
Chennai Petroleum Corporation: Updates on outcome of AGM Chennai Petroleum Corporation has submitted a copy of the Proceedings of the 48th Annual General Meeting of the Company held on August 20, 2014 along with a copy of the Chairmans Speech.
Date: 18/09/2014
Talwalkars Better Value Fitness: Outcome of AGM
Talwalkars Better Value Fitness: Outcome of AGM Talwalkars Better Value Fitness has informed that the 11th Annual General Meeting (AGM) of the Company was held on September 18, 2014.
Date: 18/09/2014
Kalyani Forge: Outcome of AGM
Kalyani Forge: Outcome of AGM Kalyani Forge has informed that the 35th Annual General Meeting (AGM) of the Company was held on September 18, 2014.
Date: 18/09/2014
GG Automotive Gears: Updates on outcome of AGM
GG Automotive Gears: Updates on outcome of AGM GG Automotive Gears has submitted a copy of the minutes of the 40th Annual General Meeting (AGM) of the Company held on August 28, 2014.
Date: 18/09/2014
Empee Sugars Chemicals' board meeting on Sept 26, 2014
Empee Sugars  Chemicals' board meeting on Sept 26, 2014 Empee Sugars Chemicals board meeting will be held on September 26, 2014, to consider the Sale Disposal of Assets of Power unit located at Ambasamudram Integrated Sugar Complex of the Company, subject to approval of lenders, Banks and other statutory authorities and to issue Postal Ballot notice to seek the approval of Shareholders for the Sale.
Date: 18/09/2014
Solar Industries India: Outcome of AGM
Solar Industries India: Outcome of AGM Solar Industries India has informed that the 19th Annual General Meeting (AGM) of the Company was held on September 04, 2014.
Date: 18/09/2014
GMR Infrastructure: Outcome of board meeting
GMR Infrastructure: Outcome of board meeting GMR Infrastructure in its meeting held on September 18, 2014, has appointed Mrs. ameswari Vissa as an Additional Director who is an Independent Director under the Companies Act, 2013 and the Listing Agreement.
Date: 18/09/2014
Indo Asia Finance's compliance officer Soma Bhaumik resigns
Indo Asia Finance's compliance officer Soma Bhaumik resigns Indo Asia Finance has informed that Ms. Soma Bhaumik, Compliance Officer / Company Secretary of the Company resigned from the said post with immediate effect.
Date: 18/09/2014
Principal Pharmaceuticals: Outcome of board meeting
Principal Pharmaceuticals: Outcome of board meeting Principal Pharmaceuticals in its meeting held on September 18, 2014 the appointment of Mr Neeraj Gupta as an Additional Director and Independent Director for a term of five years commencing from September 18, 2013. Appointment of Ruchi Seksaria as Company Secretary and Compliance Officer of the Company with immediate effect.
Date: 18/09/2014
Galaxy Entertainment Corporation: Outcome of AGM (Clause 35A)
Galaxy Entertainment Corporation: Outcome of AGM (Clause 35A) Galaxy Entertainment Corporation has informed that the 32nd Annual General Meeting (AGM) of the Company was held on September 18, 2014, under Clause 35A.
Date: 18/09/2014
Cipla grants Salix rights for Rifaximin
Cipla grants Salix rights for Rifaximin Commenting on the development, Cipla USA and Canada CEO Timothy Crew said: "We are delighted to be partnering with Salix Pharmaceuticals and to expand on our existing license to Salix to introduce rights to the 'Rifaximin Complexes' patent applications."
Date: 18/09/2014
Cipla licenses rights for innovative product to Salix
Cipla licenses rights for innovative product to Salix "Under the agreement, Cipla has granted Salix exclusive rights under certain patent applications in the 'Rifaximin Complexes' patent family controlled by Cipla," the company said in a statement.
Date: 18/09/2014
Moody's upgrades ratings of Tata Group firms
Moody's upgrades ratings of Tata Group firms Tata Sons' has been injecting money, typically through equity rights issues, into its companies, to fund their growth plans or to bolster any weak balance sheets.
Date: 18/09/2014
Airtel may have to pay Rs 436cr for merging Qualcomm 4G arm
Airtel may have to pay Rs 436cr for merging Qualcomm 4G arm The DoT sources said the 2013 deal is resulting in a merger which is leading to migration of a licence meant for only internet services to another type of permit that allows use of spectrum for all kinds of telecom services and not just internet.
Date: 18/09/2014
Silver Leaf Oak to buy 10% stake in Syngene for Rs 380cr
Silver Leaf Oak to buy 10% stake in Syngene for Rs 380cr "This investment reflects Syngene's leading position in the contract research and manufacturing space in Asia, acknowledging its comprehensive multidisciplinary capabilities," Biocon Chairman and Managing Director Kiran Mazumdar-Shaw said in a statement.
Date: 18/09/2014
How Snapdeal plans to replicate Alibaba's model in India
How Snapdeal plans to replicate Alibaba's model in India ‚??We want to build the most trusted digital marketplace in India for small businesses to sell to consumers across the country and just invest heavily in the technology behind that and the ecosystem of partners around it," co-founder Kunal Bahl.
Date: 18/09/2014
Raging bulls: Sensex soars 481 pts, Nifty claws back 8100
Raging bulls: Sensex soars 481 pts, Nifty claws back 8100 Midcaps were not far behind as 80 percent of all stocks ended in the green today. Among the midcaps, Hatsun Agro, Unitech, NBCC, Blue Dart and Chennai Petroleum soared 10-15 percent each.
Date: 18/09/2014
ICICI Pru MF launches ICICI Prudential Growth Fund-Series 3
ICICI Pru MF launches ICICI Prudential Growth Fund-Series 3 ICICI Prudential Mutual Fund launches ICICI Prudential Growth Fund-Series 3 a close ended equity scheme, that aims to provide capital appreciation by investing in a well diversified portfolio of equity and equity related securities.
Date: 18/09/2014
Deutsche MF announces change in names under 2 schemes
Deutsche MF announces change in names under 2 schemes Deutsche Mutual Fund announces change in the names of DWS Top Euroland Offshore Fund and DWS Global Agribusiness Offshore Fund, with immediate effect.
Date: 18/09/2014
ICICI Pru Target Returns Fund announces change in SIP
ICICI Pru Target Returns Fund announces change in SIP ICICI Prudential MF announces change in SIP under ICICI Prudential Target Returns Fund, with effect from September 22, 2014.
Date: 18/09/2014
BHEL bags Rs 3,500 crore order for thermal plant in Gujarat
BHEL bags Rs 3,500 crore order for thermal plant in Gujarat The contract has been awarded by the Gujarat State Electricity Corp Ltd. In a statement today, Bharat Heavy Electricals Ltd said the Rs 3,536 crore order is for setting up an 800 MW super critical thermal plant at Wanakbori in Kheda district, Gujarat.
Date: 18/09/2014
Global diamond demand at record high, thanks to China
Global diamond demand at record high, thanks to China Both India and China saw their domestic diamond jewellery markets grow by a compound annual growth rate (CAGR) of 12 percent in local currency terms between 2008 and 2013.
Date: 18/09/2014
Current order book at Rs 675cr: RPP Infra
A Nithya "When finance cost comes down and when we concentrate on outstanding payments and speed up the progress then margins will definitely increase by 1-2 percent," A Nithya, Whole Time Director, RPP Infra Projects said.
Date: 18/09/2014
Reliance MF launches Reliance Capital Builder Fund-Series C
Reliance MF launches Reliance Capital Builder Fund-Series C Reliance Mutual Fund launches Reliance Capital Builder Fund - Series C, a close ended equity oriented scheme, suitable for investors seeking long term capital growth and investment in diversified portfolio of equity equity related instruments with small exposure to fixed income securities with high risk - Brown.
Date: 18/09/2014
Reliance Mutual Fund launches R*Shares Sensex ETF
Reliance Mutual Fund launches R*Shares Sensex ETF Reliance Mutual Fund has launches R*Shares Sensex ETF, an open ended index exchange traded fund that aims to provide investment returns closely corresponding to the total returns of the securities as represented by the SP BSE Sensex Index before expenses, subject to tracking errors.
Date: 18/09/2014
IDFC Mutual Fund launches IDFC Dynamic Equity Fund
IDFC Mutual Fund launches IDFC Dynamic Equity Fund IDFC Mutual Fund launches IDFC Dynamic Equity Fund, an open ended equity fund with the objective to generate long term capital appreciation with relatively lower volatility through systematic allocation of funds into equity and equity related instruments; and for defensive purposes in equity derivatives.
Date: 18/09/2014
Kotak Mutual Fund launches Kotak Equity Savings Fund
Kotak Mutual Fund launches Kotak Equity Savings Fund Kotak Mutual Fund launches Kotak Equity Savings Fund, an open ended equity fund that aims to generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and derivatives segment of the equity market and enhance returns with a moderate exposure in equity equity related instruments.
Date: 18/09/2014
ICICI Pru MF launches Multiple Yield Fund -Series 7 -Plan E
ICICI Pru MF launches Multiple Yield Fund -Series 7 -Plan E ICICI Prudential Mutual Fund launches ICICI Prudential Multiple Yield Fund - Series 7 - Plan E, a close ended income fund, that seek to generate returns by investing in a portfolio of fixed income securities/ debt instruments.
Date: 18/09/2014
Jet to launch full services on all-economy JetKonnect
Jet to launch full services on all-economy JetKonnect Full service product with complementary meal service would be provided on all domestic flights from December 1, with the buy-on-board concept being discontinued, an airline statement said.
Date: 18/09/2014
South Asia to add 1,750 new airplanes in 2014-2033: Boeing
South Asia to add 1,750 new airplanes in 2014-2033: Boeing The South Asian markets would account for 13 percent in volume and 11 per cent in value of the total 13,460 aircraft worth USD 2 trillion to be bought by the Asia Pacific region during the 20 year period.
Date: 18/09/2014
Voting to permit Suzuki own Guj plant likely in Nov: Maruti
RC Bhargava The company needs 3/4th of the minority shareholders, who hold 44 percent stake, to approve the proposal through a special resolution.
Date: 18/09/2014
Infosys inks deal with China's Huawei for cloud-based proj
Infosys inks deal with China's Huawei for cloud-based proj Infosys said it signed a global partnership with China's largest telecom equipment maker Huawei Technologies Company to offer enterprise customers cloud, big data and communication solutions.
Date: 18/09/2014
MCX-SX lives to fight another day, but will it survive?
MCX-SX lives to fight another day, but will it survive? On Monday, the Securities and Exchange Board of India (Sebi) granted a one-year extension to India‚??s newest bourse, MCX-SX, along with riders, but questions would continue over whether it can continue over the long haul.
Date: 18/09/2014
Sensex gains 481 pts, Nifty ends up 1.7%; Infosys, HUL drag
Sensex gains 481 pts, Nifty ends up 1.7%; Infosys, HUL drag Hero MotoCorp was up 6 percent while LT, HDFC, Dr Reddy's and BHEL gained 4 percent each. Among the losers were Infosys, HUL and Sesa Sterlite.
Date: 18/09/2014
Nifty hits 8100, Sensex soars over 400 pts; banks, infra up
Nifty hits 8100, Sensex soars over 400 pts; banks, infra up Hero, HDFC, BHEL, LT and Wipro are up around 3 percent each. Among the losers are HUL and Infosys. Midcaps and small caps are on fire gaining over 3 percent each.
Date: 18/09/2014
Expect topline growth of 20% in FY15: V-Guard Industries
Mithun Chittilappilly In an interview to CNBC-TV18, Mithun Chittilappilly, Managing Director, V-Guard Industries, said the company‚??s second quarter performance so far has been quite satisfactory, thus it is sticking with its guidance.
Date: 18/09/2014
In numbers: The impact of subsidy on India's oil cos
In numbers: The impact of subsidy on India's oil cos Here we capture the financial impact of the subsidy regime on the operations and financials of both upstream as well as downstream companies over the past 10 years.
Date: 18/09/2014
Religare Invesco MF announces change in exit load structure
Religare Invesco MF announces change in exit load structure Religare Invesco Mutual Fund announces change in exit load structure under Religare Invesco Contra Fund, Religare Invesco Corporate Bond opportunities Fund, Religare Invesco Arbitrage Fund, Religare Invesco Global Equity Income Fund and Religare Invesco Pan European Equity Fund, with effect from September 18, 2014.
Date: 18/09/2014
Edelweiss Mutual Fund announces change in exit load
Edelweiss Mutual Fund announces change in exit load Edelweiss Short Term Income Fund announces change in exit load structure, with effect from September 18, 2014.
Date: 18/09/2014
Tata MF announces change in exit load under 2 schemes
Tata MF announces change in exit load under 2 schemes Tata Mutual Fund announces change in exit load structure under Tata Gilt Mid Term Fund and Tata Index Fund (Nifty Sensex), with effect from September 18, 2014.
Date: 18/09/2014
Axis MF announces change in exit load under 2 schemes
Axis MF announces change in exit load under 2 schemes Axis Mutual Fund announces change in exit load under Axis Short Term Fund and Axis Fixed Income Opportunities Fund, with effect from September 17, 2014.
Date: 18/09/2014
Sensex hits 27000, up 400 pts; Nifty races towards 8100
Sensex hits 27000, up 400 pts; Nifty races towards 8100 Housing finance company HDFC topped the buying list, up 2.6 percent followed by LT, Tata Motors, Sun Pharma, Wipro, Dr Reddy's Labs, Hero Motocorp, Tata Steel and Hindalco Industries with 2 percent gains each. However, HUL, Infosys and MM remained under pressure.
Date: 18/09/2014
India needs to create climate for investment: FICCI's Birla
Sidharth Birla According to Sidharth Birla, India must look at a holistic approach in railways and should not favour China, otherwise it will create investment imbalance in the country.
Date: 18/09/2014
Sensex soars over 300 pts, Nifty up 1%; SBI gains 2%
Sensex soars over 300 pts, Nifty up 1%; SBI gains 2% LT, Hero, Hindalco, Sun Pharma and SBI are top gainers in the Sensex. Among the losers are Infosys, HUL and MM.
Date: 18/09/2014
Mutual Funds NAVs advanced as market gains on FOMC outcome
Mutual Funds NAVs advanced as market gains on FOMC outcome Equity and debt Mutual Funds closed in a positive terrain as equity benchmarks managed to recoup some of losses (seen in previous two sessions) on Wednesday following upside in global peers on reports that Federal Open Market Committee (FOMC) may keep low rates till June 2015 and on likely stimulus for China‚??s top banks.
Date: 18/09/2014
Nifty hits 8050; Sensex, midcap, smallcap rally; Hero up 2%
Nifty hits 8050; Sensex, midcap, smallcap rally; Hero up 2% The broader markets outperformed benchmarks with the BSE Midcap and Smallcap indices gaining 1 percent and 1.8 percent, respectively. About four shares advanced for every share declining on the Bombay Stock Exchange.
Date: 18/09/2014
Sensex up over 200 pts, Nifty above 8000; Sun Pharma gains
Sensex up over 200 pts, Nifty above 8000; Sun Pharma gains Sun Pharma, Cola India, Hero and ONGC gain around 2 percent while Infosys, HUL and MM are still losers in the Sensex.
Date: 18/09/2014
Here are Sudarshan Sukhani's top trading ideas
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: 18/09/2014
Obama vows US will not fight another ground war in Iraq
Obama vows US will not fight another ground war in Iraq Obama, who has spent much of his presidency distancing himself from the Iraq War, stressed during a speech at MacDill Air Force Base in Tampa that airstrikes would be the central US contribution to the fight against Islamic State, along with coordinating a coalition that he said now includes more than 40 countries.
Date: 18/09/2014
Amazon expands Kindle lineup, boosts price of e-reader
Amazon expands Kindle lineup, boosts price of e-reader Amazon, which entered the hardware sector with the 2007 launch of the Kindle, has adopted a strategy of selling the devices at cost, and it profits when users buy content or goods.
Date: 18/09/2014
Fed will end QE next month, 'considerable time' remains
Fed will end QE next month, 'considerable time' remains The Fed's Open Market Committee did not remove language that said interest rates would rise "a considerable time" after the monthly bond-buying program ended. Market fears centered over whether excising the language could have sent a signal that a rate hike would come as soon as six months later.
Date: 18/09/2014
'Yes' or 'No' to United Kingdom: Scotland to decide today
'Yes' or 'No' to United Kingdom: Scotland to decide today All previous referendums have decisively voted against Scottish independence. This time, the situation appears to be different and several opinion polls have predicted a tight race.
Date: 17/09/2014
Jinping visit to redefine Indo-China ties: Bakul Dholakia
Jinping visit to redefine Indo-China ties: Bakul Dholakia  In an interview to CNBC-TV18, Bakul Dholakia, Director, Adani Institute of Infra Management spoke about the much-talked about China President‚??s visit to India and how he sees the ties between the two Asian heavyweights developing in the days ahead.
Date: 17/09/2014
IKEA to tap big India cities first, then continue expansion
Juvencio Maeztu In a chat with CNBC-TV18's Farah Bookwala Vhora, IKEA's India chief Juvencio Maeztu talks about the progress IKEA is making in India, how IKEA will tweak its business model to suit Indian preferences and how it intends to increase the USD 500 million worth of sourcing it currently does in India.
Date: 17/09/2014
IKEA to tap big India cities first, then continue expansion
Juvencio Maeztu In a chat with CNBC-TV18's Farah Bookwala Vhora, IKEA's India chief Juvencio Maeztu talks about the progress IKEA is making in India, how IKEA will tweak its business model to suit Indian preferences and how it intends to increase the USD 500 million worth of sourcing it currently does in India.
Date: 17/09/2014
Passing the baton: GMR Group's succession plan
Sajeet Manghat Over the last two years, the group has clearly demarcated functions and responsibilities among various family members. Sajeet Manghat and Gopika Gopakumar have more.
Date: 17/09/2014
Jet Airlines seeks more time to pay pilots' salary arrears
Jet Airlines seeks more time to pay pilots' salary arrears Jet Airlines seeks more time to pay pilots' salary arrears
Date: 17/09/2014
Jet Airlines seeks more time to pay pilots' salary arrears
Jet Airlines seeks more time to pay pilots' salary arrears Jet Airlines seeks more time to pay pilots' salary arrears
Date: 17/09/2014
Quikr gets USD 60 million funding
Quikr gets USD 60 million funding Tiger Global Management along with all existing investors in the company participated in the funding, Quikr said. The current investors are Kinnevik, Matrix Partners India, Nokia Growth Partners, Norwest Venture Partners, Omidyar Network, Warburg Pincus and eBay Inc.
Date: 17/09/2014
Quikr gets USD 60 million funding
Quikr gets USD 60 million funding Tiger Global Management along with all existing investors in the company participated in the funding, Quikr said. The current investors are Kinnevik, Matrix Partners India, Nokia Growth Partners, Norwest Venture Partners, Omidyar Network, Warburg Pincus and eBay Inc.
Date: 17/09/2014
NPAs turn up like a bad penny: Bankers blame new RBI norms
Gopika Gopakumar Sale of bad loans by banks to ARCs has come to a standstill. The villain, bankers and ARCs says are the new RBI rules that require ARCs to have a higher stake in the bad loans being bought. Unless banks can really drop the price at which they sell bad loans to ARCs, no deals may get done and the Q2 results could show higher NPLs.
Date: 17/09/2014
Amazon India's tax woes: NASSCOM rides to the rescue
Poornima Murali E-commerce companies are increasingly coming under the scrutiny of Indian authorities and Amazon India is the latest to feel the pressure. CNBC-TV18's Poornima Murali and Farah Bookwala Vhora report that NASSCOM is now stepping in to look into the challenges the sector faces.
Date: 17/09/2014
Regulatory uncertainty may delay RPower-Jaypee deal
Regulatory uncertainty may delay RPower-Jaypee deal In one of the biggest deals in the power space, Anil Ambani Group firm Reliance Power in July had announced that it had signed an initial agreement to acquire all the three hydroelectric power plants of Jaiprakash Associates. The deal would be worth about Rs 12,000 crore.
Date: 17/09/2014
Regulatory uncertainty may delay RPower-Jaypee deal
Regulatory uncertainty may delay RPower-Jaypee deal In one of the biggest deals in the power space, Anil Ambani Group firm Reliance Power in July had announced that it had signed an initial agreement to acquire all the three hydroelectric power plants of Jaiprakash Associates. The deal would be worth about Rs 12,000 crore.
Date: 17/09/2014
MCX can launch contracts for '15 post compliance order: FMC
Aastha Maheshwari The Forward Markets Commission (FMC) has allowed MCX to launch contracts till March but only with some riders.
Date: 17/09/2014
Starvox Electronics: Outcome of board meeting
Starvox Electronics: Outcome of board meeting Starvox Electronics in its meeting held on September 08, 2014, have approved and considered the Draft Scheme of Arrangement for Reduction of Share Capital under section 391 to 394 read with Section 100 to 104 of Companies Act 1956 and shall be subject to the approval of the Members in Court Convened Meeting and Hon'ble High Court of Gujarat.
Date: 17/09/2014
Gemmia Oiltech (India): Outcome of board meeting
Gemmia Oiltech (India): Outcome of board meeting Gemmia Oiltech (India) at its meeting held on September 17, 2014, has approved the Board has received the latest Information Memorandum from Naftogaz India Private Limited (NIPL). The Committee. headed by Mr. A. Srinivas, Director and Mr. V. Arunagiri, Director, has requested for more time to submit their proposal to the Board.
Date: 17/09/2014
Excel Castronics shifts its registered office
Excel Castronics shifts its registered office Excel Castronics has informed that the Special Resolution regarding shifting of registered office of the Company from Ahmedabad to Rajkot under section 12(5)(A) of Companies Act 2013. Consequently the new registered office address is Excel Castronics Ltd
Date: 17/09/2014
NCL Research Financial Services: Outcome of AGM (Clause 35A)
NCL Research  Financial Services: Outcome of AGM (Clause 35A) NCL Research Financial Services has informed that the 29th Annual General Meeting (AGM) of the Company was held on September 15, 2014, under (Clause 35A).
Date: 17/09/2014
Sri Adhikari Brothers Television Network: Outcome of board meeting
Sri Adhikari Brothers Television Network: Outcome of board meeting Sri Adhikari Brothers Television Network has informed that the Board of Directors of the Company at its meeting held on September 16, 2014, has appointed Mr. Rakesh Gupta as Chief Financial Officer (CFO) of the Company.
Date: 17/09/2014
'Change India' analyses reforms needed in financial sector
Anurag Jain The most important reform announced by the 100 day Modi government has been in the financial services space in terms of the Jan Dhan Yojana and the desire to give a bank account to every household in India before the flag is hoisted the next Republic Day.
Date: 17/09/2014
Sun Pharma, Merck Co Inc ink pact for Tildrakizumab
Sun Pharma, Merck  Co Inc ink pact for Tildrakizumab Under terms of the agreement, Sun Pharma will acquire worldwide rights to tildrakizumab for use in all human indications from Merck in exchange for an upfront payment of USD 80 million.
Date: 17/09/2014
Govt to help MSMEs get bank loans at cheaper rates: Mishra
Govt to help MSMEs get bank loans at cheaper rates: Mishra "To ensure this, I am meeting the senior functionaries of banking and financial institutions at Lucknow on Thursday so that a decision is taken on this front early with their concurrence which will be duly endorsed subsequently by the Reserve Bank of India, Finance Ministry and the Prime Minister's Office," the MSME Minister said.
Date: 17/09/2014
Campaigns race for votes on Scottish referendum eve
Campaigns race for votes on Scottish referendum eve Three new opinion polls published in today's papers all suggested a very narrow majority supporting staying in the UK but also showed that the undecideds could swing it either way
Date: 17/09/2014
IndiGo inks $2.6bn aircraft finance deal with ICBC
Aditya Ghosh "We have entered into memorandum of understanding (MoU) with them for possibly financing up to 30 of our airplanes. So that could be various kinds of financial solutions could be commercial lending, could be selling lease pack, could be something else. The total value could go up to USD 2.6 billion," Aditya Ghosh, President, Indigo said.
Date: 17/09/2014
Government keen to cut diesel prices by Rs 0.40-0.50/L
Nayantara Rai Sources suggest oil ministry seeks law minister's views on cutting diesel prices. Nayantara Rai joins us with more details.
Date: 17/09/2014
IndiGo agrees $2.6 bn aircraft finance deal with ICBC
IndiGo agrees $2.6 bn aircraft finance deal with ICBC Under the memorandum of understanding, ICBC will provide IndiGo, India's largest airline by market share, with financing for the planes through either a sale and lease back or commercial lending deal.
Date: 17/09/2014
Policy rate unlikely to change till fiscal-end: DB
Policy rate unlikely to change till fiscal-end: DB "The battle against inflation will continue till supply-side issues are adequately addressed. RBI would thus keep its policy rate unchanged till the end of this fiscal year with a probable action visible only in early next financial year," Dun Bradstreet India Senior Economist Arun Singh said.
Date: 17/09/2014
MFs' exposure to software stocks hits all-time high in Aug
MFs' exposure to software stocks hits all-time high in Aug In comparison, MFs had deployed Rs 27,596 crore in the shares of software companies in July. At current levels, the MF industry has the highest exposure to software sector since August 2009.
Date: 17/09/2014
From whisky to house prices: Impact of Scottish secession
From whisky to house prices: Impact of Scottish secession According a chairman of a FTSE 100 company, a Scottish vote in favour of independence could be "bad for the UK and really bad for Scotland".
Date: 17/09/2014
Sensex up 139 pts, investors cautious ahead of FOMC outcome
Sensex up 139 pts, investors cautious ahead of FOMC outcome Asian markets (except Nikkei) closed 0.5-1 percent higher following gains in US stocks as report suggested that Federal Reserve may not raise rates till June 2015 (as against expectations of rate hike sooner than anticipated earlier) and People‚??s Bank of China may inject USD 500 billion into top five banks.
Date: 17/09/2014
Diesel loss wiped out: What will FY15 subsidy look like?
Diesel loss wiped out: What will FY15 subsidy look like? For FY15, the government has forecast fuel subsidies to stand at about Rs 63,426 crore but the final figure could be less.
Date: 17/09/2014
Cairn India discovers 3 new oil fields in Rajasthan block
Cairn India discovers 3 new oil fields in Rajasthan block One of the wells is in close proximity to the company's Mangala field and it is planning fast track appraisal to commercialize the discovery, Cairn India, part of London-listed Vedanta Resources Plc , said in a statement on Wednesday.
Date: 17/09/2014
Omkar Speciality Chemicals eyes 20-25% rev growth in FY15
Omkar Speciality Chemicals eyes 20-25% rev growth in FY15 Speciality chemicals manufacturer eyes revenue growth of 20-25 percent in FY15, says CMD Pravin Herlekar, adding that the company will maintain profit after tax (PAT) margins of 7-8 percent in this fiscal, which will improve in FY16.
Date: 17/09/2014
Sensex up 139 pts, Nifty firm ahead of FOMC meet outcome
Sensex up 139 pts, Nifty firm ahead of FOMC meet outcome Jindal Steel fell 4 percent and Sesa Sterlite lost 2 percent. Shares of Cipla, Coal India and Gail India declined over a percent.
Date: 17/09/2014
Sensex, Nifty rangebound; IT supports, metals weak
Sensex, Nifty rangebound; IT supports, metals weak IT stocks are lending support to the indices with TCS, Infosys and Wipro gaining 1-2 percent each. Other gainers in the Sensex are Hero and MM. Metals are weak while Sesa Sterlite, GAIL, Cipla, Coal India and Hindalco are major laggards in the Sensex.
Date: 17/09/2014
India to produce surplus sugar for 5th straight year: ISMA
India to produce surplus sugar for 5th straight year: ISMA The south Asian country is likely to produce 25 million tonnes to 25.5 million tonnes in 2014/15 year starting Oct. 1, compared with local demand of about 23 million tonnes, the Indian Sugar Mills Association said in a statement.
Date: 17/09/2014
Sensex, Nifty, Midcap consolidate; market breadth negative
Sensex, Nifty, Midcap consolidate; market breadth negative Wipro, Infosys, Hero Motocorp, Dr Reddy's Labs, Tata Power and NMDC topped the buying list, rising 1.5-2 percent whereas Coal India, Cipla, Sesa Sterlite, Gail, ONGC, Jindal Steel and BPCL lost 1-5 percent.
Date: 17/09/2014
Nifty races towards 8000; Sensex firm; Wipro, Biocon gains
Nifty races towards 8000; Sensex firm; Wipro, Biocon gains Wipro, Infosys, Tata Power, MM and TCS are major gainers in the Sensex. Among the laggards are GAIL, Cipla, Sesa Sterlite, Tata Motors and Hindalco.
Date: 17/09/2014
Equity NAVs fell as markets slip on Fed eyed
Equity NAVs fell as markets slip on Fed eyed Equity mutual funds across categories decline as the equity benchmarks shed more than a percent as investors remained cautious ahead of FOMC‚??s two-day meet (will begin tonight).
Date: 17/09/2014
Nifty above 7950; Sun Pharma, Tata Steel, Hindalco lead
Nifty above 7950; Sun Pharma, Tata Steel, Hindalco lead Sun Pharma, Tata Steel, Hindalco Industries, Coal India and Tata Power topped the buying list, up 1-1.6 percent followed by ITC, Reliance Industries, Infosys, TCS, ICICI Bank, HDFC and State Bank of India with 0.4-0.9 percent.
Date: 17/09/2014
Sensex gains over 100pts, Nifty firm on global cues
Sensex gains over 100pts, Nifty firm on global cues Tata Power, Hindalco, LT, Tata Steel and Wipro are top gainers in the Sensex.
Date: 17/09/2014
Mkt will crack eventually, take profits: Sukhani
Sudarshan Sukhani Watch the interview of Sudarshan Sukhani, s2analytics.com with Latha Venkatesh Sonia Shenoy on CNBC-TV18, in which he shared his reading and outlook on market and specific stocks.
Date: 17/09/2014
Expect US Fed to reaffirm focus on growth: StanChart
Steve Brice Steve Brice of Standard Chartered Bank says the US economy is doing well and inflation expectation has moderated. He believes Fed will guide people in the right direction ‚?? focus on growth and any movement in interest rates is going to be gradual.
Date: 17/09/2014
Microsoft's Windows 9 event on Sept 30: What to expect
Microsoft's Windows 9 event on Sept 30: What to expect The company sent out invitations for the event which experts say will talk in broad strokes about features aimed at corporate users for the next version of Windows, which people are informally calling 'Windows 9'.