MARKETS
FINANCIAL SERVICES
Centurion Bank of Punjab, Ambit eye stock broking
Ambit Corporate Finance, Television 18 group company Web18 and Centurion Bank of Punjab on Thursday announced a partnership to pursue stock broking business with a strong Internet presence in India. The venture, according to a company ...
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MUTUAL FUNDS
UTI offers micro pension scheme for Union Bank staff
UTI Mutual Fund will offer a micro-pension initiative to the staff members and customers of Union Bank of India called UTI's `Retirement Benefit Pension Fund.' It will enable them to get pension (periodical income) after 58. The fund is an ...
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STOCKS
Shipping cos down on tanker rates
The listed shipping companies, whose assets are skewed towards tankers, are largely being valued by the market in tandem with the current soft global freight rates for crude and liquid petroleum products. SCI, GE Shipping, and Mercator Lines - ...
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TECHNICAL ANALYSIS
Volatile movement
Thursday's trading activity witnessed volatile movement. The sentiment reading of the tradable counters remained marginally bullish. Bear move on Friday is likely to change the sentiment reading in their favour. On the contrary, the prevailing ...
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FOREIGN INSTITUTIONAL INVESTORS
Varun Shipping to make pref allotment to 4 FIIs
Varun Shipping has moved ahead with its proposal to issue shares to four FIIs, promoters and a venture capital fund. According to a communication to the stock exchange, the company has obtained shareholders' nod on November 29 for its proposal ...
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INTERVIEW
Global cues like US slowdown key for Indian markets: DSP Merrill Lynch
Mr Andrew Holland of DSP Merrill Lynch believes that global cues like US economic slowdown are key for Indian markets. He feels that there is still value in the market and liquidity continues to be strong. According to him, India is the most ...
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COMMENTARY
Capital goods, bank stocks drive sentiment
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IPOS
Cairn to respond to SEBI on MRPL complaint soon
Evacuation of crude from Rajasthan field
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XL Tele IPO subscribed 8.7 times
The initial public offering of XL Telecom Ltd has been subscribed 8.68 times on the BSE and the NSE at 7.00 pm today. The company had offered 39.56 lakh equity shares of Rs 10 each at a price to be determined through the book building ...
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