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Articles 21 through 120 of 341:
- Sensex Claims Mt 16k With Fed Help (Pioneer, Correspondent or Reporter, Sep 20, 2007)
The Sensex skyrocketed on Wednesday on the back of 50 basis point cut in the US bank rate and recorded its biggest point-wise gain of 653.63 points surpassing the record 615.62 points on June 15, 2006. It took 52 trading days for Sensex to travel. . .
- Sensex Surges Past 16,000 (Business Line, Correspondent or Reporter, Sep 20, 2007)
It’s all-time high; Fed rate cut powers 653-point gain
- Sensex Up 405pts; All Index Stocks Up (Business Standard, Correspondent or Reporter, Sep 19, 2007)
The Sensex is now up 405 points at 16,074.
- Sensex Rebounds (Pioneer, Correspondent or Reporter, Sep 14, 2007)
Bulls on Thursday shrugged off steep fall in industrial output and worked hard in the ring to bring Sensex back in the positive territory.
- 12 Indian Companies Among Best In Asia (Deccan Herald, Correspondent or Reporter, Sep 10, 2007)
Powered by their robust revenue growth and profitability as well as shareholder returns, 12 Indian entities have made it to the list of Asia's 50 best performing companies the maximum for any country in the region.
- Dgp Virk Arrested (Tribune, Prabhjot Singh, Sep 10, 2007)
Sarabdeep Singh Virk is the first Punjab director-general of police to be arrested on charges of allegedly doing business while in service, misusing his official position, harbouring a person wanted by law and giving him a fake identity . . . . .
- Gdp Growth Of 9.3% For Q1 Raises Expectations For The Yr (Indian Express, Sandeep Singh, Sep 01, 2007)
India’s growth story remains intact. Down by 30 basis points over the previous year’s figure in the same quarter (9.6 per cent), it has not belied expectations. According to Subir Gokarn, chief economist, Standard & Poor . . . . .
- Sensex Rises On Strong Gdp, Up 197 Points (Pioneer, Correspondent or Reporter, Sep 01, 2007)
Bulls on Friday had everything positive on their side - 9.3 per cent GDP growth and steady global markets.
- Bank Consolidation Not Inevitable — Multi-Tiered Model Still Relevant (Business Line, T. B. Kapali , Aug 30, 2007)
Bank consolidation is again in the news. The boards of State Bank of India (SBI) and State Bank of Saurashtra (SBS) are reported to have approved the merger of the latter with the former.
- Core Sector Financing Gets $5b (Times of India, Correspondent or Reporter, Aug 29, 2007)
There is more money waiting to chase big infrastructure projects with the government ready with the $5 billion overseas wholesale banking company, billed as India's version of Temasek to lend funds to core sector projects.
- Pe Buyouts Arrive In India (The Economic Times, Editorial, Economic Times, Aug 23, 2007)
Private equity major Blackstone’s acquisition of 50% stake in Gokaldas Exports is significant in that it is the first major buyout of a listed company.
- Pe Buyouts Arrive In India (The Economic Times, Correspondent or Reporter, Aug 22, 2007)
Private equity major Blackstone’s acquisition of 50% stake in Gokaldas Exports is significant in that it is the first major buyout of a listed company.
- Operation Dr Singh (Indian Express, JAITHIRTH RAO , Aug 20, 2007)
Why did Prime Minister Manmohan Singh give the interview to the Calcutta paper? Opponents of the PM within his own party (who says there aren’t any?) have started a whisper campaign that the real problem is not with the 123 Agreement but with . . . .
- Sensex Down 217 Pts, But Fed Move Holds Out Hope (Singapore Times, Correspondent or Reporter, Aug 18, 2007)
The lifeline came sooner than the market expected. The unfolding subprime crisis forced the world’s most powerful monetary authority US Federal Reserve to cut the rate at which it lends to banks.
- Mendiratta - A Victim Of His Own Greed (Pioneer, Correspondent or Reporter, Aug 17, 2007)
Deepak Mendiratta's case is a typical example of a middle class dream gone sour. Born to a service class family in New Delhi's Janakpuri, Mendiratta moved to Gurgaon to seek his fortune. A man in a hurry, he switched jobs for monetary gain and . . . .
- Sensex Bounces Back, Up 148 Points (Pioneer, Correspondent or Reporter, Aug 14, 2007)
Bulls managed to come back to Dalal Street on Monday on the back of firm global and Asian markets. As they were back to business, the Sensex closed 148 points higher on buying by funds.
- Banks See Highest Loss In Credit Cards (Deccan Herald, Correspondent or Reporter, Aug 13, 2007)
Banks are witnessing high losses in their credit card operations estimated at 12 per cent while the losses on account of personal loans work out to 4 per cent, according to a study conducted by a private bank.
- Sensex Sinks 232 Points (Pioneer, Correspondent or Reporter, Aug 11, 2007)
Bears further strengthened their position on Dalal Street on Friday on the back of weak global markets.
- Anti-Collision Device Will Be Ready By 2013 (Hindu, Sujay Mehdudia, Aug 11, 2007)
The Anti-Collision Device (ACD), an on-board train protection device indigenously developed by Konkan Railway, will be ready for installation by 2013.
- Palm Oil For Soap Which Ended Up In Ghee And Shackles Detaxification (Business Line, Editorial, Business Line, Aug 11, 2007)
The personal liberty of an individual, though precious, is of little value if the larger interest of the people and the nation are at stake, the Delhi High Court ruled in the Lalit Goel vs Commissioner of Central Excise, Delhi case.
- Sensex Zooms 375 Points (Pioneer, Correspondent or Reporter, Aug 09, 2007)
On the back of strong Asian markets coupled with Government's move to tighten external commercial borrowing norms, bulls went wild on the Dalal street and lifted Sensex by 375 points on Wednesday.
- Sbi Mf Is Most Popular Mf Brand: Study (Singapore Times, Correspondent or Reporter, Aug 08, 2007)
SBI Mutual Fund has emerged as the most popular mutual fund brand, leaving behind ICICI Prudential MF and Reliance Mutual Fund, in a survey conducted by global research firm The Nielsen Company (TNC.)
- India Inc: Coming Of Age (Business Line, Editorial, Business Line, Aug 07, 2007)
If the M&A deals struck in the first half of 2007 are any indication, it appears that the boom witnessed in 2006 is likely to continue. Corporate finance activity in India saw 382 deals worth Rs 1,047 billion ($26 billion) in the first half of . . . .
- Sensex Regains 15k Mark, Up 152 Points (Pioneer, Correspondent or Reporter, Aug 04, 2007)
After a strong global bear hug on Thursday markets recovered on Friday, as bulls worked very hard on Dalal Street on support from firming global trends and marginal fall in inflation rate.
- Sensex Loses 615 Points (Hindu, Correspondent or Reporter, Aug 02, 2007)
Realty index takes a hit; U.S. Asian markets suffer setback. In a major shake-up on stock exchanges, the benchmark Sensex lost 615.22 points to end below the 15000-mark.
- Rbi Hikes Cash Reserve Ratio, Keeps Rates Same (Indian Express, George Mathew, Aug 01, 2007)
Faced with huge foreign capital inflows, the Reserve Bank of India (RBI) continued with its hawkish vigil on the banking system.
- Sensex Vaults 290 Pts (Pioneer, Correspondent or Reporter, Aug 01, 2007)
Despite unexpected 0.5% CRR hike by Reserve Bank of India on Tuesday, Sensex vaulted 290 points on the back of strong recovery on the US and Asian bourses and encouraging quarterly results from India Inc.
- Sensex Down 461pts; Acc Plunges 5% (Business Standard, Correspondent or Reporter, Aug 01, 2007)
The Sensex is now down 461 points at 15,090.
- Sensex Sinks On Global Sell-Off (Pioneer, Correspondent or Reporter, Jul 28, 2007)
It was black Friday on Dalal Street as markets witnessed a mayhem. Tumbling global markets affected Indian markets also, which left bulls scurrying for cover on the Dalal Street.
- Sensex Down 475pts On Global Slide (Business Standard, Correspondent or Reporter, Jul 27, 2007)
The Sensex continues to slide and is now down 475 points at 15,301.
- Hdfc Registers 26% Jump In Quarterly Profit (Times of India, Correspondent or Reporter, Jul 26, 2007)
Home finance major Housing Development Finance Corporation Ltd (HDFC) has reported a profit after tax of Rs 372.81 crore for the quarter ended June 30, up 26% from Rs 296.82 crore it had reported during the same quarter of 2006-07 financial year.
- Sensex Down 63pts; Satyam Sheds 4% (Business Standard, Correspondent or Reporter, Jul 25, 2007)
Ambuja Cements has slumped 5% to Rs 127. ACC has plunged 4% to Rs 1,073, and Grasim has shed 2.2% at Rs 2,957.
- Sensex Closes At New High (Pioneer, Correspondent or Reporter, Jul 24, 2007)
Sensex continued its onward journey even on Monday despite weakening global stock markets, as bulls worked very hard towards the final hour of the session.
- Make Financial Literacy Subject In Class Xi: Fm (Indian Express, Correspondent or Reporter, Jul 21, 2007)
Union finance minister P Chidambaram said today that educational institutions across the country should make financial literacy a compulsory subject for students of all streams in classes XI and XII. Delivering a lecture at the Rajiv Gandhi . . . .
- How Retail Banking Has Gone Into Overdrive (Business Line, T. B. Kapali , Jul 18, 2007)
The perceived stability of the income stream from the retail business is probably the most important driver of the push into retail. From a strategic point of view, this stability is expected to offset the inherent volatility of revenues/profits . . . .
- Rbi May Retain Interest Rates, But Raise Crr (Pioneer, Correspondent or Reporter, Jul 16, 2007)
The Reserve Bank is likely to keep key interest rates unchanged in its quarterly review of credit policy on July 31, but may increase the requirement for banks to keep cash with it to absorb excess liquidity in the system, economists and industry . . .
- Attacks In Britain Worry India Muslims (New York Times, Correspondent or Reporter, Jul 13, 2007)
The foiled terrorist attacks in Britain last month have prompted anxiety and soul searching in India, a country whose economy is bolstered by its citizens’ ability to work overseas.
- Sensex Ends In Red (Singapore Times, Correspondent or Reporter, Jul 11, 2007)
Equities Tuesday ended marginally lower after an uneventful day. The Sensex and Nifty closed just above the 15000 and 4400 levels, respectively.
- Icici Bank In Rs 1 Trillion M-Cap Club (Indian Express, Correspondent or Reporter, Jul 10, 2007)
Even as the benchmark Sensex closed above the 15,000 mark for the first time on Monday, ICICI Bank became the first bank to join NTPC and Bharti in the Rs 1 lakh crore market capitalisation club.
- Sensex, Nifty Close At Life-Time High (New Indian Express, Correspondent or Reporter, Jul 10, 2007)
With technology stocks opening firm, Indian indices rose to a record high for a sixth successive day on Monday, closing above the 15,000 mark for the first time in its history.
- Sensex Leaps To 15,000 (Tribune, Shiv Kumar, Jul 07, 2007)
The Sensex today breached the long-anticipated 15,000 mark to touch an all-time high of 15,007.22 before it closed lower at 14,964.12 points.
- Banks Lower Interest Rates On Home Loans (Deccan Herald, Correspondent or Reporter, Jul 07, 2007)
Indias largest private sector lender ICICI Bank has reduced floating interest rate on new home loans of up to Rs 20 lakh by half a per cent. Accordingly, the new rate will be 11.5 per cent ...
- Sensex Closes At 14,880.24 (Times of India, Correspondent or Reporter, Jul 05, 2007)
The market closed mixed Wednesday. Though the Sensex posted modest gains, market breadth showed a negative bias. The Nifty ended flat.
- Sensex Zooms To Record High At 14,806 (Pioneer, Correspondent or Reporter, Jul 04, 2007)
The benchmark Sensex zoomed to a new record high of 14,806.51 points on Tuesday on heavy buying by foreign funds in blue-chip stocks led by banking and capital good segments.
- Sensex At New High (Hindu, Correspondent or Reporter, Jul 04, 2007)
The benchmark Sensex zoomed to a new record high of 14806.51 on Tuesday on heavy buying by foreign funds in blue-chip stocks led by banking and capital goods segments.
- Look Before You Shanghai (Indian Express, FARAH BARIA, Jul 04, 2007)
Mumbai Drowns Again. Fourteen Dead, Nine Injured. City Stranded In Flood Waters. Central Railway Services Stop. Flights Cancelled. Suburbs Powerless.
- Indian Mfs And Investors Taste Global Waters (New Indian Express, Correspondent or Reporter, Jul 04, 2007)
With the entire gamut of Indian corporations going global, how can an upcoming sector such as mutual funds not do so?
- Looking For Something? (Indian Express, Editorial, Indian Express, Jun 30, 2007)
Google keeps track of all the popular searches made in a country every week. Then, at the end of the month, it adds them all up to determine what the fifteen most popular searches were. It’s called the Google Zeitgiest.
- Houses Becoming Unaffordable Again? (Times of India, Correspondent or Reporter, Jun 30, 2007)
Bought a house? If yes, count yourself one of the lucky ones. Because it's getting more and more difficult to do so. A double whammy of rising real estate prices and increasing interest rates is threatening to put houses out of reach of most . . . .
- Problem Of Inadequate Fdi In Insurance (The Economic Times, Editorial, Economic Times, Jun 29, 2007)
India’s restrictive rules on foreign investment in insurance continue to create problems for businesses and headaches for the bureaucrats who are supposed to interpret them.
- Banks Should Float Arm For Pension Fund Business, Says Rbi (Indian Express, Correspondent or Reporter, Jun 29, 2007)
Banks will be allowed to undertake pension fund management (PFM) through their subsidiaries only. Setting the guidelines for banks planning to enter pension fund management, the Reserve Bank of India has said that banks should not undertake the . . .
- Sensex Ends 70 Pts Down (Pioneer, Correspondent or Reporter, Jun 28, 2007)
Stock market on Wednesday closed lower on selective selling in shares from metal, bank and auto sectors, although IT blue-chips reversed their recent downslide after the US dollar showed some strength against the rupee.
- Govt Mulling New Bill For Private Sector Pension Funds (Pioneer, Correspondent or Reporter, Jun 25, 2007)
Faced with a deadlock over Pension Fund Regulatory and Development Authority (PFRDA) Bill due to stiff opposition from Left parties, the government is contemplating to bring a separate bill on pension funds for private sector employees.
- Sensex Ends 3-Day Winning Streak (Hindu, Correspondent or Reporter, Jun 23, 2007)
The stock market on Friday snapped its three-day upward move on weak trends in the engineering, refinery and metal sectors, with the Bombay Stock Exchange’s benchmark Sensex ending the day in negative territory with a loss of 31.88 points at 14467.36.
- Sensex Vaults 215 Points (Pioneer, Correspondent or Reporter, Jun 20, 2007)
Bulls were back with a bang on the Dalal Street on Tuesday and lifted Sensex by 215 points on the back of brisk buying by funds in heavyweight stocks led by bank and refinery scrips.
- India Inc Fund Mop Up To Soar Past $10 Billion (Deccan Herald, Correspondent or Reporter, Jun 16, 2007)
While DLF, ICICI Bank and Sterlite alone account for funds worth about $nine billion, the total for the month of June would easily cross $10 billion, according to domestic investment bank JM Financial's Managing Director and co-CEO Atul Mehra.
- Housing Sector Growth Hits Trough As Investors Shy Away (Business Line, Correspondent or Reporter, Jun 12, 2007)
7-10% price correction seen six months down the line
- Icici Bank's Issue Likely In Third Week Of This Month (Pioneer, Correspondent or Reporter, Jun 11, 2007)
India's largest private sector lender, ICICI Bank's follow-on public issue, speculated to be in the range of Rs 10,000-11,000 crore, is likely to open in the third week of this month.
- Rbi To Issue Norms For Fdi, Fii Stake In Commodity Bourses Soon (Pioneer, Correspondent or Reporter, Jun 08, 2007)
The Reserve Bank of India is likely to issue the guidelines for allowing foreign investors pick up stake in the country's commodity exchanges within a fortnight, a top government official said on Thursday.
- Icici To Sell 5% In Arcil To First Rand Of S Africa (Singapore Times, Correspondent or Reporter, Jun 07, 2007)
ICICI Bank will sell 5% of its equity stake in Asset Reconstruction Company of India (Arcil) to an African bank, First Rand Bank, for little less than Rs 40 crore. Arcil deals in bad loans, and the development reflects a growing interest among . . .
- Decided, Then Undecided: India’S Biggest Pvt Power Project On Hold (Indian Express, Correspondent or Reporter, Jun 07, 2007)
Last year, China added a record 105 Giga Watt (GW) or over 100,000 MW of fresh power capacity in one year. However, in India, forget delivery of capacity, for the past six months, the country’s largest greenfield power project is on standby mode.
- Sensex Plummets 279 Points (Pioneer, Correspondent or Reporter, Jun 07, 2007)
Stellar performance by bears on the Dalal Street on Wednesday resulted into Sensex netting a huge loss of 279.08 points and Nifty plunging 86.40 points.
- Nifty Scales New High, Sensex Up 133 Points (New Indian Express, Correspondent or Reporter, Jun 01, 2007)
The stock markets on Thursday staged a smart comeback with the benchmark Sensex and the Nifty ending higher on the back of a recovery in Asian markets.
- Sensex Up 110 Points (Hindu, Correspondent or Reporter, May 30, 2007)
Led by heavyweight refinery giant Reliance Industries (RIL), the Sensex ended past 14500 on Tuesday, rising by about 110 points. The 30-share Sensex closed at 14538.90 on February 9, and thereafter, touched a closing low of 12415.04 on March 5.
- Sensex Up 110 Pts (Pioneer, Correspondent or Reporter, May 30, 2007)
Strong bullish sentiment on Dalal Street helped Sensex close past the 14,500 mark, its fifth highest close on Tuesday.
- Sensex Hits Fifth Highest Close, Re Fresh 9-Year Peak (Indian Express, Correspondent or Reporter, May 30, 2007)
The stock markets today gained ground on the back of a broad-based rally with the benchmark Sensex rising past the 14,500 mark to its fifth highest close.
- Plastic Money And Meltdown Risks 21.05.07 (The Financial Express, Correspondent or Reporter, May 28, 2007)
At a recent annual general meeting of a rating agency, several agitated shareholders suddenly began to express their anguish at usurious interest rates charged by credit card companies and their brutal recovery tactics.
- Carlyle, Citi Take 7% In Hdfc (Indian Express, Correspondent or Reporter, May 26, 2007)
The Carlyle group and Citigroup have acquired 7.11 per cent stake in Housing Development Finance Corporation (HDFC) through a Rs 3,114 crore preferential issue.
- Hdfc To Raise Rs 3,114 Cr Through Preferential Issue (Pioneer, Correspondent or Reporter, May 26, 2007)
Housing finance company HDFC on Friday announced it will raise Rs 3,114 crore through allotment of preference shares to two foreign investors to fund its expansion plans.
- It Spend By Large Cos May Rise 26% (Deccan Herald, Correspondent or Reporter, May 23, 2007)
The fact that more than half the top 50 spenders on IT during 2006-07 were PSUs breaks the myth that modernisation processes such as automation and IT deployment can take place only after privatisation.
- Nifty Reaches New Peak Of 4,261 Points (Deccan Herald, Correspondent or Reporter, May 22, 2007)
Smart rally in refinery shares led by Reliance Industries, heavy buying interest and advances in global scrips helped the country’s equity market expand gains on Monday, with the NSE index Nifty scaling a new peak of 4,260.90 and the BSE . . . . .
- Sensex Gains 115 Pts (Pioneer, Correspondent or Reporter, May 22, 2007)
Bulls had a field day on Monday as bears did not tread the Dalal Street. On the back of strong global markets, bulls lifted Sensex by 115.19 points and it closed at 14,418.60 levels. Nifty also shot up by 46.40 points to set a new peak . . .
- Sensex Holds 14k (Pioneer, Correspondent or Reporter, May 17, 2007)
Bulls, on the back of splendid rally by RIL, Larsen & Toubro, Hindustan Lever, Bharti Airtel and HDFC, lifted the Sensex by 197.98 points at 14,127.31. Nifty also gained 50.65 points and closed at 4170.95.
- Sensex Surges 170 Points (Pioneer, Correspondent or Reporter, May 15, 2007)
Bulls, inspired by impressive quarterly results from banking sector heavyweight State Bank of India and support from strong global markets lifted the Sensex by nearly 170 points on Monday.
- Govt Exits Maruti, Lic Now Second Biggest Stakeholder (Indian Express, Correspondent or Reporter, May 11, 2007)
The government today exited the country’s largest car maker Maruti Udyog Ltd (MUL), selling its residual stake for Rs 2,360 crore to a clutch of financial institutions led by Life Insurance Corporation (LIC).
- Government Exits Maruti Udyog (Hindu, Correspondent or Reporter, May 11, 2007)
Residual stake fetches Rs. 2,360 cr.; LIC emerges second largest shareholder.
- Reliance Largest Fund House Again (Times of India, Correspondent or Reporter, May 05, 2007)
Anil Dhirubhai Ambani group company, the Reliance Mutual Fund, retains its position as the country’s largest fund house having assets of over Rs 48,000 crore, even as the collective wealth of all the fund houses soars past Rs 3.50 lakh crore.
- Hdfc Q4 Net Rises To Rs 550 Crore (Deccan Herald, Correspondent or Reporter, May 04, 2007)
Housing Development Finance Corporation (HDFC) has posted a net profit of Rs 550.05 crore for the quarter ended March 31, 2007 as compared to Rs 426.52 crore for the quarter ended March 31, 2006, an increase of 28.96 per cent.
- Hdfc Profits Rise A Third, Income Surges 40% (Indian Express, Correspondent or Reporter, May 04, 2007)
Housing finance company HDFC today reported 29 per cent jump in net profit to Rs 550.05 crore for the fourth quarter ended March 31, as compared to Rs 426.52 crore for the same quarter a year ago.
- Rel Comm Adds Colour To Pale Markets (Singapore Times, Correspondent or Reporter, May 01, 2007)
If the market slumped owing to disappointing earnings numbers from ICICI Bank and Hindustan Lever, then Reliance Communication did a good job boosting it and helping it recover from the day's lows on Monday.
- Sensex Declines Further (Hindu, Correspondent or Reporter, May 01, 2007)
The Sensex ended in the negative territory on Monday on weak global cues as well as the disappointing results and equity dilution plans by ICICI Bank.
- Rbi Resists Its Urge: Rates Intact, Home Loans Up To 20 Lakh May Get Cheaper (Indian Express, Correspondent or Reporter, Apr 25, 2007)
The credit policy for 2007-08 today brought cheer to the markets and those seeking small home loans, with the RBI leaving key lending rates untouched and paving the way for lower interest rates on housing loans under Rs 20 lakh.
- Credit Policy Pushes Sensex Up By 208 Points (Pioneer, Correspondent or Reporter, Apr 25, 2007)
Sensex regained 14, 000 mark on Tuesday on the back of RBI's decision of keeping all key rates unchanged.
- Sensex Zooms 311 Points (Pioneer, Correspondent or Reporter, Apr 17, 2007)
Bulls were simply unstoppable on the Dalal Street on Monday as they got a right platform on the hopes of higher corporate earnings and strong global markets.
- Sensex Closes 311.50 Pts Up At 13,695.58 (Times of India, Correspondent or Reporter, Apr 17, 2007)
Bulls reined on the bourses on Monday. Rally in the global markets and reports that India's monsoon will be good this year boosted the sentiments.
- Saving Private Banks With 50% Net (The Economic Times, Correspondent or Reporter, Apr 13, 2007)
The net interest income (NII) of private banks for the January-March quarter is seen rising 40-50% and in case of public sector banks, the increase is likely to be 15-20%, according to an earnings poll of seven brokerages.
- Pc Justifies Rbi Rate Hike, Pnb Also Joins Race (Pioneer, Correspondent or Reporter, Apr 12, 2007)
The Reserve Bank of India's recent decision to increase repo rates and CRR to control inflation has forced the country's second largest public sector bank, Punjab National Bank, to hike its Benchmark Prime Lending Rate (BPLR) by 75 basis points to . . . .
- Sensex Continues Upward March, Up 50 Pts (The Financial Express, Correspondent or Reporter, Apr 11, 2007)
The stock market continued its upward march for the sixth straight session on Wednesday with the .
- Sensex Regains 13k (Pioneer, Correspondent or Reporter, Apr 10, 2007)
The 30-share sensitive index recovered its last Monday’s 617 point fall in the consecutive four-day rally. The 30-share-index opened firm at 12,904.85 points and gradually moved upward to the intra-day high of 13,194.00 before ending the day at 13,177.74.
- Foreign Stake In Banks High: Rbi (Asian Age, Correspondent or Reporter, Apr 07, 2007)
Reserve Bank of India deputy governor Shyamala Gopinath said that foreign investments are quite large in private and public sector banks. She said that foreign investments in the State Bank of India are around 30 per cent. Ms Gopinath was . . .
- Sensex Continues Its Upward March (Deccan Herald, Correspondent or Reporter, Apr 06, 2007)
Shrugging of initial losses, the stock markets on Thursday continued their upward march as the Bombay Stock Exchange benchmark Sensex garnered another 69 points on selective buying.
- Reliance Mf Back On Top, Hits $10 Bn (Indian Express, Correspondent or Reporter, Apr 04, 2007)
Reliance Mutual Fund has regained its position as the country’s biggest fund house, overtaking ICICI Prudential by a huge margin in terms of assets under management (AUM).
- Dalal St Bleeds (Tribune, Correspondent or Reporter, Apr 03, 2007)
For investors there is no worse way to start new fiscal than to see over Rs1.5 trillion go down the drain in trading that lasted less than six hours.
- Rbi’S Move Makes Bank Shares Sink (Deccan Herald, Correspondent or Reporter, Apr 03, 2007)
Banking segment cracked under pressure from Reserve Bank’s move to limit money flow, as the sector stocks fell by 389.42 points or 6 per cent, against 4.7 per cent drop recorded by the benchmark Sensex.
- Rbi Move Backfires (Pioneer, Correspondent or Reporter, Apr 03, 2007)
Stock market is the latest casualty of the Government's desperate attempt to control inflation through the Reserve Bank of India's monetary intervention, which has sent borrowing rates soaring and taken away homes, cars and consumer durables out . . .
- Sensex Regains Some Lost Ground (Hindustan Times, Correspondent or Reporter, Apr 03, 2007)
After a 4.72 per cent fall on Monday, the Bombay Stock Exchange benchmark Sensex partially recovered to quote over 115 points in early trade on Tuesday on purchasing by funds in select blue-chip stocks.
- Facing Home Truths (Hindustan Times, Editorial, HindustanTimes, Apr 02, 2007)
House mortgages are at the frontline of the Reserve Bank of India’s (RBI) battle to rein in credit growth.
- Ongc Leads Indian Firms In Forbes List (Pioneer, Correspondent or Reporter, Mar 31, 2007)
Oil and Natural Gas Corporation (ONGC) leads the pack of 34 Indian companies, a chunk of them from the banking sector, which have found place on the elite Forbes' list of 2000 corporate giants across the world.
- Sensex Falls Below 13,000 (Pioneer, Correspondent or Reporter, Mar 29, 2007)
Bears firmed their grip on Dalal Street on Wednesday on the back of weak global stock markets, concern over rising crude oil prices (crude crossed over $64), hardening interest rates and Rupee's strong surge against US dollar.
- Rbi Seeks Data From Banks On Frauds (Business Standard, Correspondent or Reporter, Mar 24, 2007)
The Reserve Bank of India (RBI) has instructed banks to furnish data on frauds, thefts and burglaries on a quarterly basis to the regional offices of the Urban Banks Department.
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