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IPL 2 success hinges on TV viewership
Banking on large India diaspora for a boost. Mumbai, April 18 The second edition of the Indian Premier League (IPL) got off in South Africa on Saturday at a time when election fever is hitting a feverish pitch ...
Share of foreign mutual funds’ asset base falls sharply
Mumbai, April 18 The share of mutual fund assets under management (AUM) by foreign and predominantly foreign companies in India has declined drastically over the last fiscal, ended ...
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(From right) Mr C.R. Swam...
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What’s in store for shareholders?
Post Satyam takeover…. The Satyam saga seems to have ended sooner than anyone expected, with Tech Mahindra (through 100 per cent subsidiary Venturbay Consultants) making a winning bid for the beleaguered company, paying Rs 2,889 crore for ...
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Wheat procurement may be lower this year
Centre not as keen as last time to stock up. New Delhi, April 18 Even as official wheat procurement during the current season so far is three times last year’s corresponding level, total purchases may still end up being ...
Power Finance Corporation: Buy
Investors can consider accumulating the stock of Power Finance Corporation. It has been an underperformer in the recent rally, despite the company’s strong growth prospects. PFC has consistently managed strong loan disbursals and ...
Grasim Industries: Hold
Investors in the stock of Grasim Industries can hold the stock. The company’s impressive capacities post-expansion are set to support its topline growth, even as cement despatch numbers suggest that the sector has managed to sidestep ...
Bata India: Hold
Bata India, the Indian arm of global shoe major, Bata Shoe Organization, trades at Rs 115.7, 12 times its trailing four quarter earnings, at a premium to retail as well as footwear peers. It stands at an enterprise value of 0.8 times ...
Indo Tech Transformers — Open Offer: Accept
Investors can consider tendering their shares of Indo Tech Transformers to the open offer made by Mexico-based Prolec-GE, considering the premium offered over current market price and the uncertainties lingering on the business strategy to ...
DWS Investment Opportunities Fund: Invest
Investors with a two-three-year time horizon can consider adding DWS Investment Opportunities Fund to their portfolio. Our optimism stems from the fund’s prowess in spotting investment ideas at the right time and in containing losses ...
Cipla does not support Adcock proposal to buy Cipla Medpro
Mumbai, April 18 Adcock Ingram Healthcare Ltd’s $233-million proposal to acquire generic-drugs player Cipla Medpro in South Africa does not seem to have the blessings of Indian generics major, ...
‘Port sector performance may worsen this year’
APM Terminals’ dredging project on course. Pipavav (Gujarat), April 18 The port sector, which globally faced a 20 per cent reduction in terms of volumes in the fourth quarter of the fiscal 2008, is likely to face a worse situation in ...
‘Slight improvement in market demand’
Things may stabilise in third quarter, feels CII. Chennai, April 18 There is a slight improvement in market demand, especially in the engineering industry, from March, according to Mr C.R. Swaminathan, Chairman, CII, Southern ...
‘Symbolic gestures don’t win elections’
With no “fundamental or antagonistic” contradictions between the ideology of the Congress and the Janata Dal (United), headed by Mr Nitish Kumar, in Bihar, which is expected do very well in the Lok Sabha polls, ...
Weekly News Round up(Latest Audio:Enlgish))
In a little over 100 days of Ramalinga Raju's admission of guilt in a massive fraud in Satyam Computer Services, the Hyderabad-based company on Wednesday found itself on the threshold of a new life, with a unit of Tech Mahindra emerging as ...
‘Swiss will have to examine request for data release’
New Delhi, April 18 Switzerland will have to examine any request it receives for release of data about those having secret accounts in Swiss banks or for revision in the treaty or agreement that India has with us, the Ambassador, Mr ...
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