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Articles 121 through 220 of 341:
- Sensex Ends Flat After 4-Day Rally (Business Standard, Correspondent or Reporter, Mar 24, 2007)
The Sensex opened with a positive gap 35 points at 13,343, but slipped to a low of 13,197 - down 146 points from the day's open - in the morning deals.
- Sensex Soars 362 Pts (Pioneer, Correspondent or Reporter, Mar 23, 2007)
Bulls ruled the roost at the Dalal Street for the fourth consecutive day on Thursday on the back of strong global markets and FII buyings. On the back of support from bulls, Sensex continued its upward rally and regained the 13,000-mark with a . . .
- Bulls Make Up For India's Loss With A Double Ton (The Economic Times, Correspondent or Reporter, Mar 20, 2007)
After a volatile week, finally Gudi Padwa provided the much needed auspicious note to the equity market, pushing the benchmark indices northwards.
- Sensex Surges 215 Points (Pioneer, Correspondent or Reporter, Mar 20, 2007)
On the back of strong Asian markets, bulls were back on Dalal Street on Monday. They shrugged off concerns about inflation pressure and slowdown in FII inflows and remained right there till the end.
- India Inc Carts Money To Pvt Banks To Duck Strike (The Economic Times, Correspondent or Reporter, Mar 20, 2007)
India Inc, small businesses and cautious individuals have started transferring money to private sector and foreign banks in the wake of a strike call given by public sector bank unions for next week.
- Cement Stocks Pull Sensex Down 164 Pts (New Indian Express, Correspondent or Reporter, Mar 10, 2007)
The Sensex once again slipped back to the red zone on Friday after a strong come back on Thursday.
- Markets Bounce Back, Sensex Up 470 Pts (Pioneer, Correspondent or Reporter, Mar 09, 2007)
Bulls staged a spectacular come back at the Dalal Street on the back of robust activity in the stocks of RIL and IPCL as well as PSU stocks on the statement by Prime Minister that more public sector firms would be listed on the markets.
- Foreign Exchange Reserves — Is The Glass Half Full Or Half Empty? (Business Line, Ashoak Upadhyay , Mar 09, 2007)
With India's forex reserves inching towards the $200-billion mark, there is the view that the cornucopia should be used more effectively, in creating infrastructure.
- Reveal Loan Processing Charges: Rbi (Indian Express, Correspondent or Reporter, Mar 07, 2007)
The Reserve Bank of India (RBI) on Tuesday made it mandatory for banks and financial institutions to mention in its loan applications the fees, processing charges and other details to check hidden costs and inject more transparency.
- Canara, Hsbc, Obc To Float Life Insurance Venture (Indian Express, Correspondent or Reporter, Mar 06, 2007)
Canara Bank, HSBC and Oriental Bank of Commerce have signed a memorandum of understanding to establish a new Life insurance company. Speaking on the occasion, Union finance minister, P Chidambaram said, “The three banks will bring in their special . ..
- Sensex Slips 273 Points (Pioneer, Correspondent or Reporter, Mar 05, 2007)
Markets turned bearish on Friday. Consequently, bulls had to leave Dalal Street as they were unable to face severe onslaughts from bears. Bears dominated markets throughout after noon and the intensity of selling was so strong that stocks across the . .
- Sensex Slips 273 Points (Pioneer, Correspondent or Reporter, Mar 03, 2007)
Markets turned bearish on Friday. Consequently, bulls had to leave Dalal Street as they were unable to face severe onslaughts from bears. Bears dominated markets throughout after noon and the intensity of selling was so strong that stocks across . ..
- Bourses Bounce Back By 211 Points (Hindu, Correspondent or Reporter, Mar 02, 2007)
The stock market showed greater resilience in an otherwise highly volatile trade and bounced back by 221 points on the back of a sharp rally in IT, bank and capital goods shares on Thursday.
- Mkt Update: 13k Gone- Sensex Slumps 541pts (Business Standard, Correspondent or Reporter, Feb 28, 2007)
Mirroring the heavy sell-off in the global markets, the Sensex opened with a huge negative gap of 434 points at 13,045, and soon tumbled to a low of 12,801 - a drop of points from the previous close.
- Council To Strengthen Indo-Uk Links (The Financial Express, Correspondent or Reporter, Feb 22, 2007)
Giving a clear indication of the United Kingdom’s increasing interest in the Indian market, the city of London rolled out its advisory council in Mumbai on Wednesday.
- Rbi Sets Norms For Doorstep Banking (Indian Express, Correspondent or Reporter, Feb 22, 2007)
In a bid to delineate the risks involved in doorstep banking, the Reserve Bank of India has laid down guidelines and broad parameters to be followed by banks while offering doorstep services to their customers.
- Sbi Hikes Rates, Hdfc To Follow (Indian Express, Correspondent or Reporter, Feb 20, 2007)
With the cost of funds rising, banks are on a rate hiking spree. State Bank of India has raised its benchmark prime lending rate (SBAR) by 75 basis points (bps) from 11.5 per cent to 12.5 per cent a year, effective February 20, and has also upped . . .
- Government Faces Wrath Of Allies On Price Rise (Pioneer, Yogesh Vajpeyi, Feb 16, 2007)
As inflation jumped to a record level of 6.73 per cent compared to 6.58 per cent the previous week, the Congress Party's UPA allies joined the BJP-led Opposition to denounce the Manmohan Singh Government for its failure to check spiralling prices.
- Sensex Shrugs Off Inflation, Vaults 346 Pts (Pioneer, Correspondent or Reporter, Feb 16, 2007)
The Coast Guard's interception and seizure in Indian waters, close to the Tamil Nadu coast, of a boat carrying deadly arms and ammunition, including a 7 kg suicide belt, has spotlighted the deadly terrorist menace the Liberation Tigers of Tamil Eelam pose
- Market Extends Fall; Sensex Plunges Over 200 Pts (Singapore Times, Correspondent or Reporter, Feb 15, 2007)
Market extended Friday's fall with Sensex down over 200 points in early trade, on the back of selling pressure across the board.
- Bank Gdrs: Rbi Move To Curb Depositories Interference (Business Line, Correspondent or Reporter, Feb 06, 2007)
To check any possible interference of depositories in the management of banks, issuing American Depository Receipts or Global Depository Receipts, the RBI has advised banks to furnish a copy of each of the depository agreements entered into.
- Reliance Comm Crosses Rs 1 Lakh Cr Mark In M-Cap (Pioneer, Correspondent or Reporter, Feb 03, 2007)
Anil Dhirubhai Ambani Group Chairman Anil Ambani and his wife Tina Ambani got a perfect wedding gift on Friday as Reliance Communications (RCOM) became a Rs one trillion firm in terms of market cap and Reliance Mutual Funds emerged as India's . . .
- Home Loans To Become Tougher As Property Prices Go Up (Times of India, Correspondent or Reporter, Jan 28, 2007)
Loan seekers, particularly in Delhi, may find themselves dealing with cautious bankers, with ICICI Bank chief executive and managing director K V Kamath saying his bank — the second largest in India — would be more stringent in screening housing loans.
- Healthy Loan Assets See Hdfc Maintain 25% Profit Growth (Indian Express, Correspondent or Reporter, Jan 25, 2007)
Thanks to robust disbursals, home loan company HDFC Ltd has maintained its growth tempo for the third quarter ended December 2006 with the the profit after tax increasing by 25 per cent to Rs 355.49 crore against Rs 284.52 crore in the .. .
- The Great Banking Slice Up (The Financial Express, Sucheta Dalal, Jan 23, 2007)
At this time last year, we saw a raging controversy over the proposed headcount of minorities in the armed forces.
- Icici Bank Q3 Net Up 42% (Business Line, Correspondent or Reporter, Jan 21, 2007)
Higher interest income, coupled with a significant rise in fee-based revenue, enabled ICICI Bank to report a 42 per cent growth in net profit in the third quarter.
- Hdfc Bank Q3 Net Rises 31.7 Pc On Interest Income (Business Line, Correspondent or Reporter, Jan 12, 2007)
Rise in forex earnings, derivatives transactions pushes up other income.
- Markets Eye Q3 Results, Fiis To Regain Bull Run (Pioneer, Correspondent or Reporter, Jan 08, 2007)
Dalal Street is set for some new year celebrations this week, albeit delayed, with foreign institutional investors and corporate earnings as its major drivers.
- Reliance, Icici Pull Indian Shares Up (Reuters, Correspondent or Reporter, Jan 05, 2007)
Indian shares rose on Friday, bucking a weaker trend in Asian markets, led by strong interest in blue chips such as Reliance Industries Ltd. and top private lender ICICI Bank Ltd.
- Sensex Up 77pts; Icici, Ril Lead (Business Standard, Correspondent or Reporter, Jan 05, 2007)
ICICI Bank has soared 3% to Rs 917. Reliance has advanced 2.3% to Rs 1,309.
- Sbi Hikes Plr By 50 Bps (Indian Express, Correspondent or Reporter, Dec 27, 2006)
Borrowers will have to shell out more as interest rates. State Bank of India, the country’s largest commercial bank, has announced a hike in its benchmark prime lending rate (PLR) by half a percent with effect from tomorrow — a move that may prompt . . .
- Sbi Hikes Lending Rates By 50 Basis Points (Business Line, Correspondent or Reporter, Dec 27, 2006)
More banks may follow suit as spreads come under pressure
The hike in lending rate would partly neutralise the impact of the recent mark up in CRR and a rise in cost of deposits
- Hdfc Bank Opens New Branches (Hindu, Correspondent or Reporter, Dec 24, 2006)
HDFC Bank has opened its 25th branch in Kerala at Kalamasserry in Kochi.
- Banking, Energy Companies Among Top 25 Tax Payers (Deccan Herald, Correspondent or Reporter, Dec 24, 2006)
Among top 25 corporate taxpayers, the public sector companies in the energy sector – ONGC, NTPC, GAIL and BPCL have deposited Rs 7,382 crore advanced taxes by December 2006 as against Rs 6,248 crore during the corresponding period last fiscal.
- Fund Management Is A Lot Profitable In India (Singapore Times, Correspondent or Reporter, Dec 22, 2006)
Ever wondered why the AXAs and the Lotuses of the world eye Rs 3.30 lakh crore Indian fund management business when there are already 30 existing players? It’s the assurance of profitability with lesser commitment of capital, ET reasons.
- New Home Buyers To Escape Rate Hike (Srinagar Times, PRABHAKAR SINHA, Dec 21, 2006)
The hike in home loan rates will not affect new borrowers immediately as banks and finance companies find it difficult to pass it on to fresh customers at the time of slowdown in the sector.
- Now, Pay More On Your Home Loan (Hindustan Times, Correspondent or Reporter, Dec 14, 2006)
Be prepared to pay more on your home loan — or any other loan for that matter. Within a week of RBI hiking the cash reserve ratio, banks have begun raising lending rates.
- Sensex Plunges 400 Pts In Sell-Off (Indian Express, Correspondent or Reporter, Dec 12, 2006)
Dalal Street finally saw a big correction after a sustained bull rally that took the Sensex and other indices to dizzy heights.
- Scrip Error: Sensex Fakes 14k (Asian Age, Correspondent or Reporter, Dec 06, 2006)
The Sensex touched 14,000 for a brief moment on Tuesday due to a freak transaction by a broker who accidentally punched in the wrong price for the Reliance Industries Ltd scrip. The Sensex then shed this gain to close at 13,937.65, its highest ever . . .
- Sensex Plummets 172 Pts (Pioneer, Correspondent or Reporter, Nov 29, 2006)
The markets ended weak on Tuesday as global markets triggered a sell off on Indian bourses. Investors dumped technology stocks amid concerns of a slowdown in the US economy, but, Colombo stocks posted a record close.
- India Inc Must Foray Abroad With Caution (Business Line, T. C. A. Ramanujam , Nov 24, 2006)
Indian companies are foraying into developed countries even as their Chinese counterparts are concentrating on the less developed nations of Africa. Though this is a tribute to Indian managerial and entrepreneurial skills, India Inc must also watch . . .
- Sensex Recovers After 200-Pt Tremor (Asian Age, Correspondent or Reporter, Nov 21, 2006)
The stock market went bananas as one market watcher put it.
- Remembering Hasmukhbhai T. Parekh — The Man Who Gave People A Home (Business Line, R. M. Lala, Nov 18, 2006)
Adopting a management style "marked by large-heartedness and human considerations," Hasmukhbhai T. Parekh made ICICI and HDFC "the springboard for the country's development in new areas of social progress."
- Sensex Continues To Roar, Up 116 Pts (Pioneer, Correspondent or Reporter, Nov 14, 2006)
Thanks to strong economic data and a few stock specific developments. The markets ended firm on Monday with the benchmark index surging 116 points to close at 13,399 levels.
- Ril Leads Rally For Second Day (Hindu, Correspondent or Reporter, Nov 03, 2006)
Reliance Industries continued to positively influence the stock market for the second day in a row, with the BSE benchmark index on Thursday rising by 58.08 points to settle at a new peak of 13091.12.
- 13k And The Frowning Retail Investor (Business Line, Rasheeda Bhagat , Nov 02, 2006)
With small/mid-caps largely languishing, the small investors are no doubt wondering why all the fuss about the Sensex touching 13,000.
- 13k: Large Caps Fuel Surge In Sensex (Asian Age, Correspondent or Reporter, Oct 31, 2006)
The Sensex crossed yet another milestone at 13,024.26 on Monday after hitting an all-time high of 13,035 on the back of good corporate results for the July-September quarter.
- Micro-Credit Has Not Made Any Macro Impact (Business Line, S. D. Naik, Oct 27, 2006)
Despite the progress made by the micro-finance movement over the past decade, at the macro level, the sector has not been able to make much of an impact.
- Make Rbi Watchdog For Financial (Indian Express, CITHARA PAUL, Oct 19, 2006)
Suggesting the need for a strong regulatory framework to discourage speculative financial practices in Special Economic Zones (SEZs), the Left parties are going to tell the government to bring all financial activities, including that of offshore . . .
- Sensex Drops 44 Points On Profit Taking (Hindu, Correspondent or Reporter, Oct 18, 2006)
A new milestone eluded the Sensex on Tuesday, though it moved tantalisingly close to the 13000-level, as profit taking by funds and general investors pulled it down by 44 points.
- Sensex Flat; Hdfc, Hdfc Drop 2% (Business Standard, Correspondent or Reporter, Oct 18, 2006)
The Sensex is now almost flat 12,887, up three points.
- Hdfc Bank: Bucking The Trend (Business Standard, Niraj Bhatt, Oct 18, 2006)
Even as other banks are reeling under rate pressure, HDFC Bank has managed to post healthy numbers.
- Customer Is A Joker In The Banking Services Pack (Indian Express, Sucheta Dalal, Oct 16, 2006)
Sharad Jain, an HDFC Bank account holder was happy to learn that he had pre-qualified for a Gold Credit card, but his application was rejected on processing.
- Sensex Up 140pts; Tcs Surges 3% (Business Standard, Correspondent or Reporter, Oct 16, 2006)
The Sensex is now up 140 points at 12,876.
- The Private Equity Boom (Business Standard, Editorial, Business Standard, Oct 16, 2006)
Private equity is classified under FDI, but the way it is growing, it will soon outpace traditional FDI.
- Prize Money (Business Standard, T N Ninan, Oct 15, 2006)
The Nobel Peace Prize does not usually go to a businessman, but Mohammed Yunus is a money-lender with a difference, and so is his Grameen Bank in Bangladesh.
- Sensex Peaks To All-Time High (Deccan Herald, Correspondent or Reporter, Oct 14, 2006)
The rally, which saw the index breeze past the previous record close of 12,612.38 on May 10, was also influenced by a strong trend globally.
- Prize Money (Business Standard, T N Ninan, Oct 14, 2006)
The Nobel Peace Prize does not usually go to a businessman, but Mohammed Yunus is a money-lender with a difference, and so is his Grameen Bank in Bangladesh.
- Sensex Re-Writes History, Record New Clsg High (Business Standard, Correspondent or Reporter, Oct 14, 2006)
The Sensex opened with a huge positive gap of 95 points at 12,633, and then there was no looking back....
- Ifc Plans Finance Sezs (Deccan Herald, Correspondent or Reporter, Oct 13, 2006)
International Finance Corporation (IFC), the private lending arm of World Bank, on Thursday, said it is open to finance large Special Economic Zones in India.
- Sensex Up 37pts; Hdfc Rallies 3% (Business Standard, Correspondent or Reporter, Oct 12, 2006)
The Sensex is now up 37 points at 12,390.
- Tata Aig Most Satisfying Insurer In Life, Health: Survey (Indian Express, Correspondent or Reporter, Oct 10, 2006)
Customers of Tata AIG's health and life insurance products are the most satisfied lot in the segment and so are those covered by HDFC's home insurance and Iffco Tokio's motor insurance policies, a government-sponsored survey has revealed.
- Boom Time (Business Standard, Niraj Bhatt, Oct 07, 2006)
Since the Sensex low on June 14, the BSE Bankex has been the best performing sectoral index, having gained over 50 per cent.
- Sensex Rebounds, Hindalco Spurts (Business Standard, Correspondent or Reporter, Oct 06, 2006)
The Sensex slipped to a low of 12,372, and then rebounded into the positive zone. The index is now up 21 points at 12,410.
- Sensex Up 23pts; Metal Stocks Firm (Business Standard, Correspondent or Reporter, Sep 29, 2006)
The Sensex is now up 23 points at 12,403.
- Ongc -Hpcl In Oilfield Tie-Up (Pioneer, Correspondent or Reporter, Sep 28, 2006)
Hindustan Petroleum Corp Ltd and its partners have been awarded a contract for the development of offshore fields off Mumbai (known as Cluster 7) by Oil and Natural Gas Corp (ONGC).
- Sensex Up 91pts; Itc, Hdfc Bank Lead (Business Standard, Correspondent or Reporter, Sep 27, 2006)
The Sensex touched a high of 12,422, and is now up 91 points at 12,412.
- Small Banks In A Competitive Era (Hindu, Editorial, The Hindu, Sep 26, 2006)
The decision to merge the troubled United Western Bank (UWB) with IDBI Bank in no way obviates the need for a wide-ranging debate on the larger issues related to small banks.
- Allow Fdi In Real Estate (The Economic Times, Editorial, Economic Times, Sep 26, 2006)
More than a year after the Centre liberalised the conditions under which 100% FDI was allowed in real estate, the sector remains mired in red tape.
- Reliance Retail Eyes Credit Arm (Business Standard, Correspondent or Reporter, Sep 26, 2006)
Reliance Industries is foraying into personal finance services, including the highly competitive automobile and consumer loan segment.
- Sensex Drops 37pts, Reliance Gains 1.5% (Business Standard, Correspondent or Reporter, Sep 23, 2006)
The Sensex opened with a negative gap of 30 points at 12,244. After slipping deeper into red, the index bounced back into positive zone to touch a high of 12,303.
- Sez Promoters Look At Funding Options (Indian Express, DEV CHATTERJEE, Sep 23, 2006)
With the banking regulator Reserve Bank of India asking banks to treat loans to special economic zones as commercial real estate, promoters of SEZs are looking at all options including listing and raising cheap funds abroad.
- Micro Finance Builds Bridges (Business Standard, Editorial, Business Standard, Sep 22, 2006)
I had learnt many years ago about how small loans to the poor work in theory. Initially it was research on the internet on a subject which interested me, followed by consulting for Sa-Dhan, the association of microfinance companies in India.
- Sensex Up 19pts; Market Breadth Marginally +Ve (Business Standard, Correspondent or Reporter, Sep 19, 2006)
Satyam and Hindalco have surged 2% each to Rs 839 and Rs 171, respectively. Tata Steel has gained 1.5% at Rs 506.
- Racing To The Bottom Of The Pyramid (The Financial Express, Sucheta Dalal, Sep 18, 2006)
It is a veritable race to the bottom of the pyramid. Just a decade ago, banks on an aggressive growth path used to eliminate small & medium enterprises (SMEs) from their portfolio. Then, economic and corporate reform, falling interest rates and a . . .
- All The Bidders For A Troubled Bank (Indian Express, Sucheta Dalal, Sep 14, 2006)
Just a fortnight ago, when United Western Bank (UWB) topped the first-ever customer satisfaction survey of banks, the findings and timing of the survey seemed outlandish.
- Sensex Up 141pts; Idbi, Uwb Soar (Business Standard, Correspondent or Reporter, Sep 13, 2006)
The Sensex touched a high of 11,802, and is now up 141 points at the same level.
- Wrong On Rights (The Financial Express, Editorial, Financial Express, Sep 12, 2006)
FM holds reforms hostage to archaic ideology
- All The Bidders For A Troubled Bank (Indian Express, Sucheta Dalal, Sep 11, 2006)
Just a fortnight ago, when United Western Bank (UWB) topped the first-ever customer satisfaction survey of banks, the findings and timing of the survey seemed outlandish.
- Rbi Not To Relent On Scam Penalty (Business Standard, Anindita Dey, Sep 06, 2006)
IPO scam-tainted banks cannot expand for 3 years.
The Reserve Bank of India (RBI) is likely to continue with the three-year ban on branch expansion of banks tainted in the IPO allotment scam.
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