Sagar Investments
 
 
    BSE 26851.051 (+1.04%)   0.00 (0.00%)  532977.BO 0.00 (N/A)  532454.BO 0.00 (N/A)   0.00 (0.00%)   0.00 (0.00%)   0.00 (0.00%)   0.00 (0.00%)  500425.BO 0.00 (N/A)   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%)  500510.BO 0.00 (N/A)   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)  500325.BO 0.00 (N/A)  500376.BO 0.00 (N/A)  500112.BO 0.00 (N/A)  500570.BO 0.00 (N/A)   0.00 (0.00%)   0.00 (0.00%)   (stocks delayed by 10 minutes)
    MF  BIRLA SUN LIFE EQUITY FUND-G     430.66    (4.28)       BNP PARIBAS MIDCAP FUND-G     20.607    (0.206)       DAIWA INDUSTRY LEADERS-G     12.78    (0.11)       FRANKLIN INDIA FLEXI CAP FUND-G     54.459    (0.6005)       FRANKLIN INDIA HIGH GROWTH COMPANIES FUND-G     24.8416    (0.2717)       IDFC PREMIER EQUITY FUND - REGULAR PLAN-G     61.4705    (0.6297)       IDFC STERLING EQUITY FUND - REGULAR PLAN-G     31.5304    (0.3992)       MORGAN STANLEY A.C.E. FUND - REGULAR PLAN-G     20.697    (-0.161)       RELIANCE GROWTH FUND-G     711.6052    (5.9755)       RELIANCE REGULAR SAVINGS FUND - EQUITY OPTION-G     46.2651    (0.3319)       SBI CONTRA FUND-G     78.0842    (0.8405)       SUNDARAM SELECT MIDCAP FUND - REGULAR PLAN-G     278.592    (3.6648)      
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Sagar Investments

407 Satyam Mall,
Nr Vishveshwar Mahadev,
Vastrapur, Ahmedabad. - 380 015
Gujarat India
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Pihas Parikh: 93270 00930 / 94281 23823
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Latest News
 
Date: 24/10/2014
Forex - GBP/USD edges higher after U.K. GDP report
Forex - GBP/USD edges higher after U.K. GDP report Forex - GBP/USD edges higher after U.K. GDP report
Date: 24/10/2014
Gold futures rise but upside seen limited
Gold futures rise but upside seen limited Gold futures rise but upside seen limited
Date: 24/10/2014
Forex - EUR/USD edges higher on upbeat Gfk report
Forex - EUR/USD edges higher on upbeat Gfk report Forex - EUR/USD edges higher on upbeat Gfk report
Date: 24/10/2014
Brent slips towards $86 as NY Ebola case hits risk appetite
Brent slips towards $86 as NY Ebola case hits risk appetite The front-month contract of international oil benchmark Brent was down 61 cents at USD 86.22 a barrel by 0233 GMT. Brent settled USD 2.12, or 2.5 percent, higher on Thursday, its largest percentage gain in a day since June 12.
Date: 24/10/2014
Asian markets mixed; Nikkei gains, Taiwan Weighted falls
Asian markets mixed; Nikkei gains, Taiwan Weighted falls Japan's Nikkei 225 Average climbed 120.32 points or 0.79 percent to 15,259.28 whereas Singapore's Straits Times fell 11.74 points or 0.36 percent to 3,224.76.
Date: 24/10/2014
Gold poised for weekly loss on strong US data, dollar
Gold poised for weekly loss on strong US data, dollar Data on Thursday showed that new claims for US unemployment benefits held below 300,000 for a sixth straight week last week, suggesting the labour market was shrugging off jitters over a slowing global economy.
Date: 24/10/2014
US stock futures tumble on reports of Ebola case in NY
US stock futures tumble on reports of Ebola case in NY SP mini futures fell as much as 0.7 percent to 1,931.75, slipping from two-week highs hit the previous day on budding optimism on corporate earnings and the global economy.
Date: 24/10/2014
Indian ADRs: Wipro slips 1.7%, Dr Reddy's Labs rises 1%
Indian ADRs: Wipro slips 1.7%, Dr Reddy's Labs rises 1% Tata Motors climbed 0.42 percent to USD 45.44 and Dr Reddy's Labs was up 0.94 percent at USD 50.57.
Date: 24/10/2014
Wall Street gains on industrial earnings but ends off highs
Wall Street gains on industrial earnings but ends off highs The day's advance put the SP 500 at its highest level in two weeks as results from industrial bellwethers reassured investors that corporations can generate strong profits despite concerns about global growth.
Date: 24/10/2014
Samavat 2071 - Moon sign-wise prediction: Ganeshaspeaks
Shri Dharmesh Joshi Those born with the Moon Sign Aries normally tend to experience fluctuations in wealth and related matters. However, on the brighter side, these people are charismatic, possess the ability to win over the opposite sex, are usually fertile and potent, and often remain surrounded by their near and dear ones, says Dharmesh Joshi of Ganeshaspeaks.
Date: 24/10/2014
Gold steady to higher in Asia as year-end holiday demand eyed
Gold steady to higher in Asia as year-end holiday demand eyed Gold steady to higher in Asia as year-end holiday demand eyed
Date: 24/10/2014
Asian shares gain in line with Wall Street, Nikkei shrugs off strong yen
Asian shares gain in line with Wall Street, Nikkei shrugs off strong yen Asian shares gain in line with Wall Street, Nikkei shrugs off strong yen
Date: 23/10/2014
Crude shoots up on Saudi output cut, U.S. data
Crude shoots up on Saudi output cut, U.S. data Crude shoots up on Saudi output cut, U.S. data
Date: 23/10/2014
Natural gas moves off earlier highs on mild weather forecasts
Natural gas moves off earlier highs on mild weather forecasts Natural gas moves off earlier highs on mild weather forecasts
Date: 23/10/2014
Tinplate standalone Sep '14 sales at Rs 252.13 crore
Tinplate standalone Sep '14 sales at Rs 252.13 crore Tinplate Company of India has reported a sales total income from operations of Rs 252.13 crore and a net profit of Rs 14.66 crore for the quarter ended Sep '14
Date: 23/10/2014
Mahurat trading: Nifty ends above 8000, Wipro loses 4%
Mahurat trading: Nifty ends above 8000, Wipro loses 4% Wipro lost 4 percent as its second quarter (July-September) net profit declined nearly 1 percent sequentially (up 8 percent year-on-year) to Rs 2,098.3 crore dented by higher tax and finance expenses, and reconciling items. Profit in the previous quarter was Rs 2,118 crore.
Date: 23/10/2014
Online Amazon shopping, Jet Air booking now easy via RuPay
Online Amazon shopping, Jet Air booking now easy via RuPay RuPay debit card holders can now shop best deals on Amazon and book air tickets on Jet Airways, the Reserve Bank-promoted National Payment Corporation which issues the RuPay cards.
Date: 23/10/2014
Maruti's Guj plant: LIC, MFs say awaiting shareholders meet
Maruti's Guj plant: LIC, MFs say awaiting shareholders meet While LIC is the single largest minority investor in the country's largest car maker with 6.8 percent holding, mutual funds hold around 6.53 percent and domestic financial institutions hold 7.95 percent.
Date: 23/10/2014
Mahurat trading: Nifty breaches 8000, Sensex firm on Diwali
Mahurat trading: Nifty breaches 8000, Sensex firm on Diwali The market starts auspicious Mahurat trading session with smart gains. It also marks the beginning of Samavat 2071. The Nifty opened at 8029 up 21 points while the Sensex is up 68.91 points at 26856.14.
Date: 23/10/2014
Daily Dump: Making wealth with waste!
Daily Dump: Making wealth with waste! Poonam Bir Kasturi, Founder of Daily Dump, claims that a home typically in Indian city produces organic waste of half to 1.5 kilograms a day which works out to about 30 kilograms of waste a month and if composted, this waste can generate about 12 kilograms of compost every two months. She decided to bet big on it.
Date: 23/10/2014
GreenCHILL: Affordable cooling system for dairy farms
GreenCHILL: Affordable cooling system for dairy farms Akash Agarwal co-founded New Leaf Dynamic Technologies with his father. It developed a prototype called GreenCHILL refrigerator system that uses farm waste as a source of energy targeting farmers in rural remote areas. This solution can refrigerate 500-1000 litres a milk in one go.
Date: 23/10/2014
BreatheEasy: Technology to produce fresh air
BreatheEasy: Technology to produce fresh air WHO has branded New Delhi, the capital of India, as the world‚??s most polluted city and the air pollution worsens around this time of the year every single year. Young Turks‚?? first venture comes as a breath of fresh air quite literally. Barun Aggarwal‚??s BreatheEasy combines technology with nature to improve the indoor air quality we breathe.
Date: 23/10/2014
Storyboard: India's first online Diwali
Storyboard: India's first online Diwali According to ASSOCHAM, online sales are expected to touch Rs 10,000 crore mark growing by around 350 percent over last year. What are brick and mortal stores doing and how are they handling this challenge? Storyboard's Pavni Mittal discusses this with Infinity Retail‚??s Ajit Joshi and Madhumita Dutta of Raymond.
Date: 23/10/2014
Goa initiates clearance of mining leases for operation
Goa initiates clearance of mining leases for operation The file clearing the proposal of ten mining leases has been moved to state mines secretary, a senior mines department official said.
Date: 22/10/2014
Diwali reignites consumer durables space
Diwali reignites consumer durables space According to the Reserve Bank of India, personal loans for consumer durable purchase rose a whopping 51 percent over last year.
Date: 22/10/2014
Deal pipeline looks steady with marginal progress: Wipro
TK Kurien Software services firm Wipro's second quarter (July-September) net profit declined nearly 1 percent sequentially (up 8 percent year-on-year) to Rs 2,098.3 crore dented by higher tax and finance expenses, and reconciling items. Profit in the previous quarter was Rs 2,118 crore.
Date: 22/10/2014
iStreet Network EGM on Nov 19, 2014
iStreet Network EGM on Nov 19, 2014 iStreet Network has informed that the Extra Ordinary General Meeting (EGM) of the Company will be held on November 19, 2014.
Date: 22/10/2014
Goldstone Technologies: Updates on outcome of AGM
Goldstone Technologies: Updates on outcome of AGM Goldstone Technologies has submitted a copy of proceedings of 20th Annual General Meeting (AGM) of the Company held on September 27, 2014.
Date: 22/10/2014
Blue Coast Hotels: Outcome of board meeting
Blue Coast Hotels: Outcome of board meeting Blue Coast Hotels at its meeting held on October 22, 2014, has allotted 38,83,495 Equity Shares of face value of Rs. 10/- each (at a premium of Rs. 93/- per Equity Share) pursuant to conversion of 40,00,000, 1% Cumulative Redeemable Preference Shares of Rs. 100/- each issued earlier to the persons belonging to the Promoter Category.
Date: 22/10/2014
Sarla Performance Fibers: Outcome of board meeting
Sarla Performance Fibers: Outcome of board meeting Sarla Performance Fibers at its meeting held on October 22, 2014, has allotted 14,00,000 Equity Shares of Rs. 10/- each to eligible Qualified Institutional Buyers pursuant to the provisions of Chapter VIII of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009 at the Issue Price of Rs. 333.50/- per Equity Shares.
Date: 22/10/2014
Times Guaranty: Updates on outcome of AGM
Times Guaranty: Updates on outcome of AGM Times Guaranty has submitted a copy of the proceedings of the 24th Annual General Meeting (AGM) of the Company held on September 25, 2014.
Date: 22/10/2014
Jaitley hints at UPA minister in black money list
Arun Jaitley Finance Minister Arun Jaitley today may have dropped hints that a minister in the previous UPA government could be one of those who had stashed money abroad.
Date: 22/10/2014
Is Diwali proving to be auspicious for automotives?
Farah Bookwala Vhora Dealers claim to have seen a 15-20 percent rise in sales over last year. However, this year sales growth is being viewed very differently by different companies.
Date: 22/10/2014
Most TAC members wanted rate cut, Rajan chose status quo
Most TAC members wanted rate cut, Rajan chose status quo The minutes of the Technical Advisory Committee (TAC) on monetary policy held prior to the RBI's fourth Bi-monthly Monetary Policy on September 30 revealed that four out of seven external members favoured reduction in repo rate.
Date: 22/10/2014
RBI fires warning shots on companies' lack of FX hedging
RBI fires warning shots on companies' lack of FX hedging The RBI's warnings signal its concern that unhedged firms could be a vulnerable link should global markets buckle. The central bank has worked hard to build up its defences after India last year weathered its worst rupee crisis in two decades.
Date: 22/10/2014
BSE shareholders approve merger with United Stock Exchange
BSE shareholders approve merger with United Stock Exchange The two exchanges had agreed to merge with each other in May this year. BSE held around 14.56 per cent stake in USE, which has over two dozen other shareholders.
Date: 22/10/2014
Diwali bash for 4th day, Sensex soars 212 pts; Auto up 3%
Diwali bash for 4th day, Sensex soars 212 pts; Auto up 3% Auto stocks topped the buying list among sectoral indices, up 3 percent as Hero Motocorp rallied 4 percent.
Date: 22/10/2014
DLF-Sebi case: SAT adjourns hearing till Oct 30
DLF-Sebi case: SAT adjourns hearing till Oct 30 After hearing the petition, filed by the country's largest real estate developer last week, the Tribunal adjourned the matter till October 30 next week, as it sought a response from capital markets regulator Sebi on DLF's plea for an interim relief.
Date: 22/10/2014
HCL Tech bags multi-million dollar IT deal from De Beers
HCL Tech bags multi-million dollar IT deal from De Beers Leveraging its Enterprise of Future (EoF) offering, HCL will deliver end-to-end solutions including data centre operations, multi-lingual service desk, LAN management, security services, service management including tools, desk side support and project services to transform De Beers' IT infrastructure across the globe, it said in a statement.
Date: 22/10/2014
Sensex up 212 pts, Nifty below 8000 ahead of Mahurat trade
Sensex up 212 pts, Nifty below 8000 ahead of Mahurat trade Cipla, Hero MotoCorp, Bajaj Auto, Tata Motors and Maruti Suzuki are top gainers in the Sensex. Among the losers are ONGC, ITC, NTPC, ICICI Bank and Bhart Airtel.
Date: 22/10/2014
Aim to boost sales; margins will remain under pressure: TBZ
Prem Hinduja "We have seen an improvement in walk- ins and pent up demand is also helping," Prem Hinduja, MD, Tribhovandas Bhimji Zaveri said.
Date: 22/10/2014
Nifty still below 8000; gold near 6-wk high on Diwali glow
Nifty still below 8000; gold near 6-wk high on Diwali glow Hero, Bajaj Auto, Tata Motors,, Maruti Suzuki and LT are top gainers in the Sensex. Among the losers are ONGC, Hindalco, NTPC, Coal India and ICICI Bank.
Date: 22/10/2014
Softness in inflation may continue till November: ICRA
Aditi Nayar Aditi Nayar, Economist, ICRA feels that it is too early to say that the current trend of improving industrial production (IIP) and easing inflation will sustain for long.
Date: 22/10/2014
Market in Diwali mood, Sensex surges; Kotak Mah Bank up 5%
Market in Diwali mood, Sensex surges; Kotak Mah Bank up 5% Kotak Mahindra Bank jumped nearly 5 percent on strong profitability and stable asset quality performance in Q2. Private sector lender's second quarter standalone profit after tax rose 26 percent year-on-year to Rs 444.5 crore led by strong other income and lower provisions.
Date: 22/10/2014
Sales momentum in white goods continues: Voltas, Whirlpool
Shantanu Dasgupta In the air conditioners segment, Voltas has grown by over 20 percent
Date: 22/10/2014
ICICI Pru Dynamic Bond Fund announces change in exit load
ICICI Pru Dynamic Bond Fund announces change in exit load ICICI Prudential Dynamic Bond Fund announces change in exit load structure, with effect from November 01, 2014.
Date: 22/10/2014
Sensex, Nifty gain ahead of Diwali; SBI, ITC laggards
Sensex, Nifty gain ahead of Diwali; SBI, ITC laggards Hero, Tata Motors, Bajaj Auto, BHEL and Cipla are top gainers while ONGC, Coal India, Tata Power, SBI and ITC are laggards.
Date: 22/10/2014
ICICI Prudential MF announces change in exit load structure
ICICI Prudential MF announces change in exit load structure ICICI Prudential Constant Maturity Gilt Fund announces change in exit load structure, with effect from October 27, 2014.
Date: 22/10/2014
Mutual Funds soar led by positive market rally
Mutual Funds soar led by positive market rally Equity and Debt Mutual Funds surge as market rallied for the third consecutive session on Tuesday with the benchmark Nifty closing above the 7900 level supported by banks, metals, auto and capital goods stocks.
Date: 22/10/2014
Fears for tough penalties grow as India cleans up business
Fears for tough penalties grow as India cleans up business The result has been a slide over the past week in shares of firms known to be under investigation - adding to what was already a year-long weakness in the stocks of companies seen as tied to the Congress party, which was ousted from power in May.
Date: 22/10/2014
Sensex, Nifty celebrate Diwali; Hero, Tata Motors gainers
Sensex, Nifty celebrate Diwali; Hero, Tata Motors gainers Hero Motocorp topped the buying list, up over 3 percent as the two-wheeler maker expects to clock close to 1.5 lakh in retail sales on October 21. "Dhanteras sales of 1.5 lakh will be 40-50 percent growth (YoY)," it said.
Date: 22/10/2014
Go long on mkt now, shift stop loss to 7950: Sukhani
Sudarshan Sukhani Sukhani prefers to stay with Nifty stocks like IT, pharma, FMCG and capital group, LT, BHEL, everything except the Bank Nifty for the day.
Date: 22/10/2014
Diwali dhamaka: Sensex zooms over 200 pts, Nifty nears 8000
Diwali dhamaka: Sensex zooms over 200 pts, Nifty nears 8000 The Indian rupee has opened at 61.15 a dollar, up 16 paise compared to previous day's closing value of 61.31 per dollar on hopes of strong trade in equity market.
Date: 22/10/2014
Tribunal to hear DLF's plea against Sebi order
Tribunal to hear DLF's plea against Sebi order In a major blow to DLF, the order had been passed by Securities and Exchange Board of India (Sebi) for "active and deliberate suppression" of material information at the time of its IPO over seven years ago.
Date: 21/10/2014
GMR Infrastructure: Updates on outcome of AGM
GMR Infrastructure: Updates on outcome of AGM GMR Infrastructure has submitted a copy of the proceedings of the 18th Annual General Meeting of the Company held on September 18, 2014.
Date: 21/10/2014
Gold Coin Health Foods: Updates on outcome of AGM
Gold Coin Health Foods: Updates on outcome of AGM Gold Coin Health Foods has submitted a copy of minutes of the 25th Annual General Meeting (AGM) of the Company held on September 26, 2014.
Date: 21/10/2014
Suryakrupa Finance appoints directors
Suryakrupa Finance appoints directors Suryakrupa Finance has informed that the directors are appointed on the Board of the Company w.e.f. October 13, 2014. Mr. Maulin, B. Acharya, Mr. Narendrasinh D. Rana and Mr. Ashok Kumar Dudi.
Date: 21/10/2014
Sinnar Bidi Udyog appoints Bharti Subhash Sancheti as Directorship
Sinnar Bidi Udyog appoints Bharti Subhash Sancheti as Directorship Sinnar Bidi Udyog has informed that Ms. Bharti Subhash Sancheti has been appointed as an Additional Director w.e.f. September 26, 2014.
Date: 21/10/2014
KPIT Technologies: Outcome of board meeting
KPIT Technologies: Outcome of board meeting KPIT Technologies at its meeting held on October 21, 2014, has approved the Appointment of Mr. Anant Talaulicar as an additional director upon acceptance of his resignation as a Cummins nominee director. Appointment of Mr. Dwayne Allen as an alternate director and upon acceptance of his resignation as a Cummins nominee alternate director.
Date: 21/10/2014
Tata Global Beverages Q2 results rescheduled on Nov 05, 2014
Tata Global Beverages Q2 results rescheduled on Nov 05, 2014 Tata Global Beverages has now informed that the Board of Directors of the Company will now meet on November 05, 2014, instead of October 31, 2014, inter alia, to consider and approve the Standalone Financial Results and the Consolidated Financial Results of the Company for the quarter and half year ended September 30, 2014.
Date: 21/10/2014
Farmax India's board meeting on Oct 25, 2014
Farmax India's board meeting on Oct 25, 2014 Farmax India's board meeting will be held on October 25, 2014, inter alia, to consider and approve the Resignation of Independent Directors.
Date: 21/10/2014
MSR India's board meeting on Oct 25, 2014
MSR India's board meeting on Oct 25, 2014 MSR India board meeting will be held on October 25, 2014, inter alia, to consider and approve the Resignation of Independent Director.
Date: 21/10/2014
Roopa Industries appoints D. Manoranjani as Company Secretary and CO
Roopa Industries appoints D. Manoranjani as Company Secretary and CO Roopa Industries has informed that the Company have appointed Mrs. D. Manoranjani, Company Secretary as Compliance Officer of the Company with immediate effect as per Listing Agreement in place of Sri VJ Sarma, Executive Director.
Date: 21/10/2014
Mold-Tek Packaging: Updates on outcome of AGM
Mold-Tek Packaging: Updates on outcome of AGM Mold-Tek Packaging Ltd has submitted to BSE a copy of minutes of the 17th Annual General Meeting (AGM) of the Company held September 30, 2014.
Date: 21/10/2014
Dr Datson Labs: Outcome of board meeting - Updates on FCCBs
Dr Datson Labs: Outcome of board meeting - Updates on FCCBs Dr.Datsons Labs has informed that the Company has closed its FCCB Issue on October 21, 2014. The said issue was opened for subscription on October 17, 2014. As decided in the Meeting of the Board of Directors of the Company held on October 21, 2014, the Board of Directors has allotted 130 Bonds of US0,000 each aggregating US$ 13 million.
Date: 21/10/2014
ASM Technologies consider interim dividend
ASM Technologies consider interim dividend ASM Technologies board meeting will be held on October 29, 2014, to consider and take on record the Audited Financial Results (standalone) Unaudited Financial Result (consolidated) of the Company for the quarter ended September 30, 2014 and to consider declaration of Interim dividend.
Date: 21/10/2014
Gujarat Fluorochemicals: Outcome of board meeting
Gujarat Fluorochemicals: Outcome of board meeting Gujarat Fluorochemicals has informed that at the meeting of the Board of Directors of the Company held on October 21, 2014, Shri Rajagopalan Doraiswami is appointed as an Additional and Independent Director of the Company.
Date: 21/10/2014
Mahindra CIE Automotive: Outcome of board meeting
Mahindra CIE Automotive: Outcome of board meeting Mahindra CIE Automotive at its meeting held on October 21, 2014, has approved the Issue and allotment of 81,875 Equity Shares of face value of Rs. 10/- Consequent to the allotment the paid up capital of the Company has been increased from Rs. 932,542,760/- to Rs. 933,361,510.
Date: 21/10/2014
RBI redistributes work among Deputy Governors
RBI redistributes work among Deputy Governors The Reserve Bank, which is in the process of restructuring some of its departments, today redistributed work among its four Deputy Governors. It said that consequent on reorganisation of the departments/work areas in the Reserve Bank effective November 3, 2014, the portfolios of the Deputy Governors has been redistributed.
Date: 21/10/2014
TRAI seeks more information on availability of 3G spectrum
TRAI seeks more information on availability of 3G spectrum "TRAI will not be in a position to go ahead with the consultation process in the absence of full information with regard to total availability of the spectrum in the 2100 MHz band (3G). Therefore, DoT is requested to indicate the decision regarding the above at the earliest," TRAI said in a letter to DoT.
Date: 21/10/2014
Nifty gains for 3rd day, ends above 7900; Wipro surges 3%
Nifty gains for 3rd day, ends above 7900; Wipro surges 3% Software services exporter Wipro climbed 3 percent ahead of earnings. CNBC-TV18 poll expects dollar revenue to jump 2.45 percent sequentially to USD 1783 million in September quarter.
Date: 21/10/2014
Falling global crude prices bolster economic outlook
Falling global crude prices bolster economic outlook In China, a short hop across the Himalayas, slumping consumer demand has sparked fears of deflation as it wrestles with flagging global economic growth.
Date: 21/10/2014
Decision to deregulate diesel credit positive: Moody's
Decision to deregulate diesel credit positive: Moody's "The decision to fully deregulate diesel prices signals fiscal discipline on the part of the sovereign, which we view as credit positive," Moody's said in a note.
Date: 21/10/2014
Retailers see 25% demand uptick on festive fervour
Rakesh Biyani In an interview to CNBC-TV18, Rakesh Biyani, Jjoing managing director, Future Group and Nilesh Gupta, managing partner, Vijay Sales share their outlook on this festive season and what it may mean in terms of sales.
Date: 21/10/2014
Gear up for Diwali: Sensex up 146pts, Nifty ends above 7900
Gear up for Diwali: Sensex up 146pts, Nifty ends above 7900 Financial Technologies tanked 20 percent after the government issued draft order for merger of NSEL with company, saying the entire business of NSEL will be transferred to Financial Technologies.
Date: 21/10/2014
Sensex, Nifty sluggish; PNB, HDFC Bank in focus post Q2 nos
Sensex, Nifty sluggish; PNB, HDFC Bank in focus post Q2 nos Both PNB and HDFC Bank are in focus after it announced July-September quarter earnings. PNB is down around 1 percent as its asset quality worsened in the quarter. HDFC reported net interest margin at 4.5 percent with net profit at Rs 2380 crore. The stock is up 1 percent.
Date: 21/10/2014
Sensex, Nifty erase gains on decline in heavyweights
Sensex, Nifty erase gains on decline in heavyweights State-run ONGC fell nearly 3 percent on profit taking. Shares of ITC, Infosys, HDFC, Reliance Industries, Mahindra and Mahindra, Coal India and Dr Reddy's Labs declined 0.7-1.9 percent.
Date: 21/10/2014
Govt likely to move GST Bill in Winter Session
Govt likely to move GST Bill in Winter Session According to sources, the government may release the first tranche of CST (Central Sales Tax) arrears, up to Rs 12,000 crore, to states in the Winter Session.
Date: 21/10/2014
Sensex up 150 pts, Bank Nifty at life high; ITC falls 1%
Sensex up 150 pts, Bank Nifty at life high; ITC falls 1% The Bank Nifty is at a lifetime high today outperforming the Nifty month-to-date in October with a gain of 6.7 percent in the month versus a 0.44 percent gain for the Nifty. HDFC Bank and PNB also trade higher ahead of Q2 earnings today.
Date: 21/10/2014
Legal framework needs to be put in place for Aadhaar: Govt
Anurag Jain Anurag Jain believes subsidy can also be provided without a compulsion of Aadhaar card as money can be directly transferred into bank accounts of individuals.
Date: 21/10/2014
MF NAVs surge as markets end higher on govt reforms
MF NAVs surge as markets end higher on govt reforms Equity and debt Mutual Funds across domain advanced as equity benchmarks started of the Diwali week with more than a percent gain on Monday, rejoicing after the BJP election win, diesel deregulation and gas price hike announced over the weekend.
Date: 21/10/2014
ICICI Pru MF launches Multiple Yield Fund - Sr 8 -1824 Days
ICICI Pru MF launches Multiple Yield Fund - Sr 8 -1824 Days ICICI Prudential MF launches ICICI Prudential Multiple Yield Fund - Series 8 - Plan A, a close ended income fund that seek to generate returns by investing in a portfolio of fixed income securities/ debt instruments and in equity and equity related instruments.
Date: 21/10/2014
Taurus Dynamic Income Fund announces change in exit load
Taurus Dynamic Income Fund announces change in exit load Taurus Dynamic Income Fund announces change in exit load, with effect from October 20, 2014.
Date: 21/10/2014
Nifty above 7900, Sensex strong; ONGC, Coal India slip
Nifty above 7900, Sensex strong; ONGC, Coal India slip ICICI Bank, HDFC Bank, Tata Motors, Larsen and Toubro, State Bank of India, Axis Bank, Bharti Airtel, Wipro and Tata Steel jumped 1-1.7 percent. However, ONGC and Coal India were top losers, falling over a percent followed by ITC with 0.7 percent loss.
Date: 20/10/2014
It's time to wake APP and smell the coffee
It's time to wake APP and smell the coffee A tiny little app can do wonders for your business by driving up productivity and customer engagement in a cost-effective manner
Date: 20/10/2014
Crude slips on global supply concerns
Crude slips on global supply concerns Crude slips on global supply concerns
Date: 20/10/2014
Hero MotoCorp inaugurates unit in Rajasthan
Hero MotoCorp inaugurates unit in Rajasthan The country's largest motorcycle manufacturer, Hero MotoCorp, officially inaugurated its fourth facility in the country, which is in Rajasthan's Neemrana area. Farah Bookwala-Vohra and Gopika Gopakumar report on how this facility fits into the company's vision to build 20 plants around the world by 2020.
Date: 20/10/2014
Hero MotoCorp inaugurates unit in Rajasthan
Hero MotoCorp inaugurates unit in Rajasthan The country's largest motorcycle manufacturer, Hero MotoCorp, officially inaugurated its fourth facility in the country, which is in Rajasthan's Neemrana area. Farah Bookwala-Vohra and Gopika Gopakumar report on how this facility fits into the company's vision to build 20 plants around the world by 2020.
Date: 20/10/2014
Kansal Fibres' board meeting on Oct 22, 2014
Kansal Fibres' board meeting on Oct 22, 2014 Kansal Fibres' board meeting will be held on October 22, 2014, to transact business Forfeiture of 227800 Equity Shares issued in the Public Issue held in the year 1995.
Date: 20/10/2014
Oscar Investments: Updates on outcome of AGM
Oscar Investments: Updates on outcome of AGM Oscar Investments has submitted a copy of the Minutes of the 36th Annual General Meeting of the Company held on September 30, 2014.
Date: 20/10/2014
Forex - USD/JPY softens on global growth concerns
Forex - USD/JPY softens on global growth concerns Forex - USD/JPY softens on global growth concerns
Date: 20/10/2014
Forex - EUR/USD gains as investors readjust Fed rate hike forecasts
Forex - EUR/USD gains as investors readjust Fed rate hike forecasts Forex - EUR/USD gains as investors readjust Fed rate hike forecasts
Date: 20/10/2014
Govt brings in ordinance to e-auction cancelled coal mines
Govt brings in ordinance to e-auction cancelled coal mines In a move to decide the fate of coal blocks that were de-allocated by the Supreme Court recently, the government on Monday proposed an ordinance to allow e-auction of mines to private players while adding that state-run companies would be allocated mines directly.
Date: 20/10/2014
Govt brings in ordinance to e-auction cancelled coal mines
Arun Jaitley In a move to decide the fate of coal blocks that were de-allocated by the Supreme Court recently, the government on Monday proposed an ordinance to allow e-auction of mines to private players while adding that state-run companies would be allocated mines directly.
Date: 20/10/2014
Dollar off highs against yen, euro steady
Dollar off highs against yen, euro steady Dollar off highs against yen, euro steady
Date: 20/10/2014
Indirect tax mop-up growth crawls; but why FM isn't worried
Indirect tax mop-up growth crawls; but why FM isn't worried The government will see a significant shortfall in indirect tax collection in this financial year. CNBC-TV18‚??s Sapna Das reports that net growth in indirect taxes is likely to be 6 percent versus a budgeted growth of 25 percent in FY15.
Date: 20/10/2014
Indirect tax mop-up growth crawls; but why FM isn't worried
Indirect tax mop-up growth crawls; but why FM isn't worried The government will see a significant shortfall in indirect tax collection in this financial year. CNBC-TV18‚??s Sapna Das reports that net growth in indirect taxes is likely to be 6 percent versus a budgeted growth of 25 percent in FY15.
Date: 20/10/2014
BLB appoints Dhwani Jain as additional independent director
BLB appoints Dhwani Jain as additional independent director BLB has informed that Smt. Dhwani Jain has been appointed as the Additional Woman Independent Director of the Company w.e.f. October 20, 2014.
Date: 20/10/2014
Ansal Housing Construction: Updates on outcome of AGM
Ansal Housing  Construction: Updates on outcome of AGM Ansal Housing Construction has submitted a copy of minutes of 30th Annual General Meeting of the Company held on September 25, 2014.
Date: 20/10/2014
MM Forgings: Outcome of board meeting
MM Forgings: Outcome of board meeting MM Forgings has informed that persons, have sent a letter requesting them to remove from the Promoters list of the Company. Mrs. Meenakshi Subramaniam Srivatsan Subramaniam and Mrs. Vasanthi Srivatsan, Vishnu Srivatsan.