NTPC ties up USD 430 million loan

Jan 27, 2014, 08.13 PM IST The funds would be utilised for Kudgi and Auraiya power projects. NTPC would get a term loan of USD 350 million to finance the supplies and services from Japan as well as India for the Kudgi Super Thermal Power...

23.08 | 0 komentar | Read More

Checkout the importance of having property insurance

Deepak Yohannanmyinsuranceclub.comGiven that property is always such an expensive purchase, whether or not to buy property insurance should be a no-brainer: the answer should always be a loud, resounding 'Yes'! But the reality in India is quite different....

23.08 | 0 komentar | Read More

Sebi calls for systemic safeguards in Algo trades

Market regulator Sebi today called for putting in place a system to ensure safeguards in high frequency 'Algo' trading which is prone to information asymmetry and thus increased volatility in the overall market.Algorithmic or 'algo' trading refers to...

23.08 | 0 komentar | Read More

Tax Clarity For FPIs

Friday: 10.30 pm, Saturday: 11.30 am Sunday: 9:30am & 11.00pm Published on Mon, Jan 27,2014 | 20:58, Updated at Mon, Jan 27 at 21:25Source : Moneycontrol.com  A day after The Firm highlighted the...

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IREDA plans to raise 1000 cr via bond issue; files DRHP

New Delhi based company "Indian Renewable Energy Development Agency Limited" (IREDA) has filed DRHP for its public issue of tax free, secured, redeemable, nonconvertible bonds in the nature of debentures of face value of Rs 1,000 each for an amount aggregating...

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Air India-employee tussle set for round 2 before Tribunal

The long standing dispute between employee unions and Air India, over pay-cuts, climaxed Monday with the Bombay HC refusing to go into merits of the issue and referring the matter to the Industrial Disputes Tribunal.In 2012, Air India had affected pay...

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New SUC regime to have minimal impact on auctions: COAI

Lowering of spectrum usage charge (SUC) will have very nominal impact on the actual auctions that are coming up, said Rajan Mathews, director general, COAI. According to him, the new SUC regime may mute response to auctions.In a bid to entice telecom...

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Impact Of CBDT’s Circular

Published on Mon, Jan 27,2014 | 20:58, Updated at Mon, Jan 27 at 21:28Source : Moneycontrol.com  Here's some great news for all foreign portfolio investors! The CBDT has finally provided clarity on how investments by FIIs and QFIs-...

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India vs New Zealand One-day series back to Hamilton, good weather expected

Weather forecast for Hamilton for the fourth and crucial One-Day International match between India and New Zealand indicates that the weather will remain good throughout the game and it will allow to completion of 50 overs per innings as rain is not...

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To focus more on data services in future: Idea's Kapania

Jan 27, 2014, 09.13 PM IST Idea Cellular, the country's third largest telecom operator, reported 4.5 percent growth in net profit and 4.6 percent in revenues on sequential basis, missing analysts' expectations Tags  Idea Cellular,...

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Revenue Dept cracks whip on service tax evaders

Coming down heavily on the service tax evaders, the Revenue Department has arrested 27 persons for alleged tax evasion and proposes to take tough action against those who had failed to take advantage of the amnesty scheme which concluded on December...

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Odisha poll tracker:BJD likely to win 10-16 seats, Cong 3-9

Odisha Chief Minister Naveen Patnaik who is seeking his fourth consecutive term in the simultaneous polls for the Lok Sabha and Assembly is still going very strong. The state has 21 Lok Sabha seats and the Naveen Patnaik-led Biju Janata Dal (BJD) is...

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Banks can lend against gold jewellery up to 75% of LTV: RBI

The Reserve Bank today came out with standardised norms for valuation of gold jewellery as collateral for loan from banks. "In order to standardise the valuation and make it more transparent to the borrower, it has been decided that gold jewellery accepted...

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ICRA expects tyre industry to grow by 2-4% for FY14

Indian Tyre Industry: Revenue growth estimated at ~1-3 percent during 2013-14 to Rs. 454.0 billion and further by ~6-7 percent during 2014-15, says ICRABased on the OEM demand growth and trends observed in the industry till date, ICRA scales down its...

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Cotton Yarn industry EBITDA margins to improve in FY14:CARE

CARE Research: Industry Update - Cotton and Cotton YarnDirect Yarn exports in a sweet spot… Cotton yarn exports from India grew from 615 million kgs in 2006-07 to 1,107 million kgs in 2012-13. Yarn is mainly imported by the countries which are involved...

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Government approves of minority status for Jains

Ahead of the Lok Sabha polls, the Jain community was today accorded minority status by the central government which will enable them to avail of benefits in government schemes and programmes.The decision to grant minority status to the community of about...

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ITC becomes most influential stock in Sensex

Diversified group ITC today surpassed Infosys to become the most influential stock on the Sensex, following a spurt in its stock price. As per the BSE website, ITC is now the top holding in 30-share Sensex, followed by Infosys. Shares of ITC ended 1.65...

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BRIC or MINT? Investors suffer acronym anxiety

Which investment takes your fancy: BRIC, MINT or CIVETS? For many fund managers seeking the next big thing in emerging markets, the answer is none.Acronym investment - putting money into small groupings of markets which often have little in common beyond...

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Will compensate SEBs; cheaper power for Mumbai likely: CM

The Chief Minister of Maharastra Prithviraj Chavan has said the state government will compensate the state electricity board (SEBs) for lower tariffs by cutting its plan expenditure.The government will pay the SEBs Rs 7200 crore and there are plans to...

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Govt okays residual stake-sale in Hindustan Zinc

The government approved on Monday a stake-sale in Hindustan Zinc . The government holds a 29.5 percent stake in the company that is controlled by London-listed Vedanta Resources Plc .The stake-sale is part of New Delhi's search for funds to deliver...

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UCO Bank's fixes record date for interim dividend

Jan 13, 2014, 09.03 PM IST UCO Bank has informed that January 21, 2014 has been fixed as the Record Date for the purpose of payment of interim dividend subject to bank obtaining notification from Government of India exempting public sector...

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Indian Bank's Q3 results on Jan 23, 2014

Jan 13, 2014, 09.03 PM IST Indian Bank has informed that a meeting of the Board of Directors of the Bank will be held on January 23, 2014, for approving the Reviewed Financial Results of the Bank for the quarter / nine months ended December...

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Bank of India's board to consider interim dividend

Jan 13, 2014, 09.03 PM IST Bank of India has informed that a meeting of the Board of Directors of the Bank will be held on January 17, 2014, to consider a proposal to Declare/ pay the Interim Dividend for the year 2013-14. ...

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Sharp Trading Finance's board meeting on Jan 15, 2014

Jan 13, 2014, 09.03 PM IST Sharp Trading & Finance has informed that the Hon'able High Court in connection with the Company petition no. 721 of 2013 passed an order confirming the merger of M/s. Trinity Tradelink Limited with M/s....

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Probe won't bar applicants from getting bank licence: Takru

A fortnight before the deadline set by the Reserve Bank governor Raghuram Rajan for the issuance of banking licences expires, financial services secretary Rajiv Takru told CNBC-TV18 that the licenses would be granted only by March 31.Also Read: No plans...

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Bharti seeks to raise euro 1 bn by reopening bond issue

Jan 13, 2014, 09.10 PM IST In December 2013, the Sunil Mittal led firm had raised euro 750 million (about Rs 6,350 crore) in the first such bond issue by an Indian corporate and received bids worth euro 3.8 billion. Tags  Bharti...

23.07 | 0 komentar | Read More

Vedanta shareholders okay Cairn India share buyback

Jan 13, 2014, 09.16 PM IST Cairn India, which announced the buyback in November, said the move would result in a maximum reduction of its equity capital by about 8.9 percent. Tags  Vedanta Resources, share buyback , Cairn...

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Sebi removes curbs on Omaxe in minimum public holding case

Capital markets regulator Sebi today revoked the restrictions imposed on Omaxe , its directors and promoters, after the real estate company met the minimum public shareholding norms.Citing that Omaxe had "now achieved" the 25 per cent minimum public...

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NMDC keeps iron ore prices unchanged for Jan

Jan 13, 2014, 09.20 PM IST NMDC, which fixes the price of the important steel-making input on monthly basis, "rolled over" the December price – Rs 4,500 per tonne for lumps and Rs 2,810 a tonne for fines – for the current month, the company...

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IBA to talk with bank unions' federation on wage revision

The Indian Banks' Association (IBA) has agreed to hold talks with United Forum of Banks Unions (UFBU) on wage revision by January 17, General secretary of the All India Bank Employees' Association (AIBEA) General Secretary CH Venkatchalam said today.Also...

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LT Construction wins new orders worth Rs 2,962 cr

Infrastructure major  Larsen and Toubro 's construction wing has won new orders worth an aggregate Rs 2,962 crore across various business segments."The Buildings and Factories Business has bagged new orders worth Rs 1,555 crore," the company...

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FM meets senior tax officials to review collections

Finance Minister P Chidambaram today met chief commissioners of both direct and indirect taxes to take stock of revenue mop-up."Finance Minister today met senior officials of revenue department to review tax collections," a senior finance ministry official...

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Insider-trading case: SAT reserves order on RIL plea

The SAT today concluded the hearing and reserved its verdict on a case by Reliance Industries Ltd ( RIL ) against market regulator Sebi's rejection of the firm's consent application for an alleged insider-trading case.The SAT concluded the hearing on...

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Lippi Systems' outcome of board meeting

Jan 06, 2014, 08.14 PM IST Lippi Systems at its meeting held on January 06, 2014, has considered and approved delisting of the equity shares of the Company from Ahmedabad Stock Exchange Limited (ASE). Like this story,...

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Hatsun Agro Product's fixes record date for second interim dividend

Jan 06, 2014, 08.14 PM IST Hatsun Agro Product has informed that the Company has fixed January 29, 2014 as the Record Date for the purpose of Payment of Second Interim Dividend, if declared. The Second Interim Dividend, if declared, will...

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Batliboi's change in compliance officer

Jan 06, 2014, 08.14 PM IST Batliboi has informed that Mr. Gaurang Shah, Chief Corporate Counsel & Company Secretary of the Company has resigned w.e.f. January 01, 2014. Therefore he ceases to be Compliance Officer of the Company w.e.f....

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