Sagar Investments
 
 
    BSE 25993.41 (-0.51%)   1412.45 (-2.07%)   2077.75 (-1.21%)  532454.BO 0.00 (N/A)   229.50 (+1.17%)   441.30 (-0.76%)   2766.30 (+0.74%)   3268.6001 (-0.58%)   208.00 (-2.00%)   1047.45 (-1.59%)   832.40 (-0.37%)  500182.BO 0.00 (N/A)   189.75 (-1.07%)   1464.05 (-0.80%)  500209.BO 0.00 (N/A)   355.05 (-0.57%)   1655.65 (-0.04%)   2514.20 (+0.30%)   147.50 (-0.97%)   398.80 (-0.52%)   583.95 (+0.20%)  532703.BO 0.00 (N/A)  532704.BO 0.00 (N/A)   1008.70 (-1.28%)  500376.BO 0.00 (N/A)   2515.00 (+0.55%)  500570.BO 0.00 (N/A)   2570.05 (-1.34%)   549.00 (-0.25%)   (stocks delayed by 10 minutes)
    MF  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)      
  Contact Us
Office Address
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
E-mail:
 
Nita Parikh: 93770 66414
 
Manoj: 93741 93172
E-mail: :
 
Rajesh: 97233 39769
E-mail:
Client Login
 
User Id :
Password :
 
 
Latest News
 
Date: 27/07/2014
China to hold military exercises in southeast coastal areas
UK-CHINA-MILITARY-DRILLS:China to hold military exercises in southeast coastal areas
Date: 27/07/2014
Russia says Lavrov, Kerry agree on need for swift ceasefire in Ukraine
Russia says Lavrov, Kerry agree on need for swift ceasefire in Ukraine UK-UKRAINE-CRISIS-LAVROV-KERRY:Russia says Lavrov, Kerry agree on need for swift ceasefire in Ukraine
Date: 27/07/2014
Swatch plans fitness-based touch wristwatch, CEO tells paper
Swatch plans fitness-based touch wristwatch, CEO tells paper UK-SMARTWATCHES-SWISS:Swatch plans fitness-based touch wristwatch, CEO tells paper
Date: 27/07/2014
'Lucy' pummels 'Hercules' to win U.S. weekend box office race
'Lucy' pummels 'Hercules' to win U.S. weekend box office race US-BOXOFFICE:'Lucy' pummels 'Hercules' to win U.S. weekend box office race
Date: 27/07/2014
With no TV, Ukrainian villagers watch "fireworks" in night sky
UK-UKRAINE-CRISIS-SPARTAK:With no TV, Ukrainian villagers watch "fireworks" in night sky
Date: 27/07/2014
Liverpool pull out of Remy deal after failed medical - reports
Liverpool pull out of Remy deal after failed medical - reports UK-SOCCER-ENGLAND-LIVERPOOL-REMY:Liverpool pull out of Remy deal after failed medical - reports
Date: 27/07/2014
All 7 states of North India and Delhi/NCR to receive rain simultaneously after 24 hours
All 7 states of North India and Delhi/NCR to receive rain simultaneously after 24 hours All 7 states of North India and Delhi/NCR to receive rain simultaneously after 24 hours
Date: 27/07/2014
Syria retakes Homs gas field from hardline group
US-SYRIA-CRISIS-GASFIELD:Syria retakes Homs gas field from hardline group
Date: 27/07/2014
Australian Ricciardo wins dramatic Hungarian Grand Prix
Australian Ricciardo wins dramatic Hungarian Grand Prix UK-MOTOR-RACING-PRIX:Australian Ricciardo wins dramatic Hungarian Grand Prix
Date: 27/07/2014
Israel's Netanyahu says Hamas has violated its own ceasefire - CNN
Israel's Netanyahu says Hamas has violated its own ceasefire - CNN US-MIDEAST-GAZA-NETANYAHU-CNN:Israel's Netanyahu says Hamas has violated its own ceasefire - CNN
Date: 27/07/2014
Russia should lose 2018 soccer World Cup over Ukraine - UK deputy PM
Russia should lose 2018 soccer World Cup over Ukraine - UK deputy PM UK-SOCCER-WORLD-RUSSIA-CLEGG:Russia should lose 2018 soccer World Cup over Ukraine - UK deputy PM
Date: 27/07/2014
"Please stop!", Pope Francis makes plea for peace
UK-MIDEAST-GAZA-POPE:"Please stop!", Pope Francis makes plea for peace
Date: 27/07/2014
Cook survives as England make steady start
Cook survives as England make steady start CRICKET-INDIA:Cook survives as England make steady start
Date: 27/07/2014
Boko Haram militants seize Cameroon vice PM's wife - Cameroon military commander
UK-CAMEROON-VIOLENCE-BOKO-HARAM:Boko Haram militants seize Cameroon vice PM's wife - Cameroon military commander
Date: 27/07/2014
Ukraine fighting prevents crash site visit despite international deal
Ukraine fighting prevents crash site visit despite international deal UK-UKRAINE-CRISIS:Ukraine fighting prevents crash site visit despite international deal
Date: 26/07/2014
TOP TEN RAINIEST CITIES IN INDIA ON FRIDAY
TOP TEN RAINIEST CITIES IN INDIA ON FRIDAY TOP TEN RAINIEST CITIES IN INDIA ON FRIDAY
Date: 26/07/2014
PM launches portal for citizens to contribute in governance
PM launches portal for citizens to contribute in governance Modi said MyGov (mygov.nic.in) is a technology-driven medium that will provide citizens an opportunity to contribute towards good governance, the statement added.
Date: 26/07/2014
Force Motors Q1 net up 36% at Rs 19cr
Force Motors Q1 net up 36% at Rs 19cr Net sales of the Pune-based company rose to Rs 538.42 crore for the first quarter, as against Rs 497.13 crore in the same period of previous fiscal, Force Motors Ltd said in a BSE filing.
Date: 26/07/2014
Jaypee Infratech Apr-Jun quarter net drops 43% at Rs 45cr
Jaypee Infratech Apr-Jun quarter net drops 43% at Rs 45cr Jaypee Infratech Ltd today reported a 43 percent drop in standalone net profit at Rs 45.96 crore for the quarter ended June on the back of lower income.
Date: 26/07/2014
1% Chinese own one-third of national wealth: Report
1% Chinese own one-third of national wealth: Report About one per cent of Chinese households own one-third of the nation's wealth, a report has said, raising concerns about income inequality in the world's most populous country led by Communist Party of China.
Date: 26/07/2014
1% Chinese own one-third of national wealth: Report
1% Chinese own one-third of national wealth: Report About one per cent of Chinese households own one-third of the nation's wealth, a report has said, raising concerns about income inequality in the world's most populous country led by Communist Party of China.
Date: 26/07/2014
Rel Power submits information on Sasan expansion to EAC
Rel Power submits information on Sasan expansion to EAC In its June 27 meeting to consider proposal for Moher and Moher Amlori coal mine capacity expansion, the Expert Appraisal Committee (EAC) had sought additional information from the company.
Date: 26/07/2014
Rel Power submits information on Sasan expansion to EAC
Rel Power submits information on Sasan expansion to EAC In its June 27 meeting to consider proposal for Moher and Moher Amlori coal mine capacity expansion, the Expert Appraisal Committee (EAC) had sought additional information from the company.
Date: 26/07/2014
Indian Overseas Bank Q1 net zooms over 2-fold to Rs 271cr
Indian Overseas Bank Q1 net zooms over 2-fold to Rs 271cr Gross NPA of the bank as on June 30, 2014 stood at 5.84 percent, as against 4.45 percent registered during the same period of the previous year.
Date: 26/07/2014
Measuring real-time social data with Unmetric
Measuring real-time social data with Unmetric Social media analytics firm Unmetric's Co-Founder and CEO, Lakshmanan Narayan was in the country recently. Storyboard Editor Anant Rangaswami caught up with him to understand what role measurement plays on the social web. Listen in.
Date: 26/07/2014
dwll.in: One stop shop for all interior needs
dwll.in: One stop shop for all interior needs While we think Google is the go to for just about anything including contact information of professionals Pankaj Poddar Parikshit Hemrajani beg to differ. When Parikshit had to look for an interior designer online to do up his living room it turned out to be a harrowing experience and so this duo from ISP Hyderabad decided to launch dwll.in.
Date: 26/07/2014
CSOFT:A provider of globalisation communication solutions
CSOFT:A provider of globalisation  communication solutions Shunee Yee a Chinese entrepreneur is the perfect example of east meets the west. She serves Fortune 500 clients helping them launch their products worldwide using the services of a global communications company Csoft International. Let us take a look at Shunee and Csoft International at YT International.
Date: 26/07/2014
Tremendous mood swing, positivity on Modi govt: Indian CEOs
Tremendous mood swing, positivity on Modi govt: Indian CEOs In his remarks, Chandrajit Banerjee, Director General, CII also appreciated the government's vision and receptivity to new ideas and thoughts, especially from industry.
Date: 26/07/2014
Tremendous mood swing, positivity on Modi govt: Indian CEOs
Tremendous mood swing, positivity on Modi govt: Indian CEOs In his remarks, Chandrajit Banerjee, Director General, CII also appreciated the government's vision and receptivity to new ideas and thoughts, especially from industry.
Date: 26/07/2014
E-visas should boost tourism from Q12015: Thomas Cook
Madhavan Menon Tours-and-travel firm Thomas Cook India reported Q1 numbers on Friday. Net profit rose by 11 percent annually while revenue surged 16 percent on the same basis.
Date: 26/07/2014
Tata-SIA flying permit exercise progressing well: Official
Tata-SIA flying permit exercise progressing well: Official According to documents submitted to aviation regulator DGCA, it plans to begin services in five cities and go up to 11 within a year of operations. The airline would have 87 weekly flights, linking Delhi with Mumbai, Goa, Bangalore, Hyderabad, Ahmedabad, Jammu, Srinagar, Patna and Chandigarh.
Date: 26/07/2014
Tata-SIA flying permit exercise progressing well: Official
Tata-SIA flying permit exercise progressing well: Official According to documents submitted to aviation regulator DGCA, it plans to begin services in five cities and go up to 11 within a year of operations. The airline would have 87 weekly flights, linking Delhi with Mumbai, Goa, Bangalore, Hyderabad, Ahmedabad, Jammu, Srinagar, Patna and Chandigarh.
Date: 26/07/2014
Monkey Bar: Bringing the gastro-pub to India
Monkey Bar: Bringing the gastro-pub to India The food and beverages business is a tough one to crack and experimenting with new concepts is a new trick done for a few. Chef Manu Chandra and Chetan Rampal decided to replicate their decade long experience in the FB space to set up a new brand called Monkey Bar in 2012.
Date: 26/07/2014
Rain in Mumbai takes a backseat, may not record all time highest rain
Rain in Mumbai takes a backseat, may not record all time highest rain Rain in Mumbai takes a backseat, may not record all time highest rain
Date: 26/07/2014
Expert take: Making payment, small banks work
Diwakar Gupta Will the RBI's proposed payment, small banks models bring banking to the un-banked? To discuss this, CNBC-TV18‚??s Latha Venkatesh talked to telecom industry veteran and chief of Micromax Sanjay Kapoor; father of microfinance in India Vijay Mahajan who is now Chairman at Basix; Former RBI Deputy Governor Usha Thorat and Former SBI MD Diwakar Gupta.
Date: 26/07/2014
Coal India undermined by basic equipment flaws
Coal India undermined by basic equipment flaws A failure to boost efficiency could threaten long-run plans to spin off some of the seven units of the coal miner, a vital part of the government's reform strategy.
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.