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Sunday, February 19, 2006
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Mahindra & Mahindra Financial Services: Invest at cut-off
THOSE with an appetite for risk can consider investing in the initial public offer of Mahindra & Mahindra Financial Services. The offer, even at the lower end of the price band, is stiffly priced. The valuation demanded More

PRIVATE BANKS


Karnataka Bank: Buy
INVESTMENTS in the stock of Karnataka Bank can be considered. The stock is attractively valued at a price-to-book ratio of 1.2 times. Performance of the bank in recent quarters has also been above the expectations ... More

PUBLIC SECTOR BANKS


Corporation Bank: Buy
AN investment in Corporation Bank (Rs 328) can be considered with a one-to-two year perspective. The stock is trading at a multiple of 1.4 times its book value per share. The stock is attractive considering that its profitability is higher ... More

FINANCIAL INSTITUTIONS


IRFC raises Rs 568 cr through bonds, loans
  • It plans to enter the market to raise $125 million before the end of this financial year through external commercial borrowings. More

    FIXED DEPOSITS


    BoB hikes term deposit rates
    BANK of Baroda has increased the interest rates on its domestic term deposits and NRO deposits of one year and above by 25 to 50 basis points. In an announcement to the Bombay Stock Exchange, the bank said the revised rates would be effective ... More

    PEOPLE


    Arun Agarwal quits Cholamandalam MS
    MR Arun Agarwal, Managing Director, Cholamandalam MS General Insurance Company, has resigned. "He has resigned and his resignation has been accepted," sources in the Murugappa Group (to which the company belongs) said. However, he will continue ... More



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    In Focus

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    In Depth

    Gender Justice
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    Looking back
    Feb. 12-Feb. 18
    Weather insurance slow to gain acceptance in India

    Women score high in micro finance

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    Life insurance premiums up 51 pc in 9 months — ICICI Pru leads private pack; LIC has 209 pc more lives covered

    Unit-linked policies are growth drivers — Insurers find it capital-efficient

    Banks halt deposit-based lending to corporates

    `Market can absorb home loan rate hikes' — More disbursals by lenders; more younger borrowers

    Indian cos raise $10 b via ECB route in 9 months



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