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Articles 221 through 320 of 341:
- Sensex Up 58pts; Bajaj, Ongc, Hll Lead (Business Standard, Correspondent or Reporter, Aug 31, 2006)
The Sensex opened with a positive gap of 30 points at 11,754. The index spurted to a high of 11,794, and is now up 58 points at 11782.
- Sensex Up By 41 Points In Early Trade (Press Trust of India, Correspondent or Reporter, Aug 30, 2006)
The stock market continued its upward momentum for the fourth straight session today with the Bombay Stock Exchange benchmark, Sensex, rising by over 41 points in early trading on funds and retailers buying.
- Sensex Up 86pts; Tata Steel Spurts (Business Standard, Correspondent or Reporter, Aug 29, 2006)
The Sensex touched a high of 11,722, and is now up 86 points at 11,706.
Tata Steel has spurted 1.4% to Rs 535.
- Sensex Up By 103 Points (The Financial Express, Correspondent or Reporter, Aug 25, 2006)
The Bombay Stock Exchange benchmark Sensex gained over 103 points on Friday in early trade, on heavy buying by funds in frontline stocks.
- Money Matters (Business Standard, Niraj Bhatt, Aug 20, 2006)
Bank deposit rates are on the rise in the past few weeks. The first move was taken by some new generation private sector banks which started offering 8 per cent interest on deposits between nine months and a year.
- Money Matters (Business Standard, Niraj Bhatt, Aug 19, 2006)
Bank deposit rates are on the rise in the past few weeks. The first move was taken by some new generation private sector banks which started offering 8 per cent interest on deposits between nine months and a year.
- Sensex Shoots Up 135 Points (Business Line, Correspondent or Reporter, Aug 17, 2006)
Riding high on positive cues from buoyant global markets, the BSE Sensex on Wednesday closed at 11,448.31 points, up by 135.32 points, rising by 1.20 per cent over the previous close.
- Interest Rates: Banks Take Up Rbi Signal (Hindu, C. R. L. Narasimhan, Aug 07, 2006)
But intriguing Government directive to PSBs may slow upward trend
The RBI's stance on interest rates has been justified on a number of counts. Non-food credit, money supply, and deposits have all been growing ahead of expectations.
- A Big Step, A Small Move (Business Standard, Editorial, Business Standard, Aug 03, 2006)
The incentive structure for public sector bank CEOs is welcome, but nowhere near enough.
- Sensex Down By 79 Points On Profit-Taking » (Hindustan Times, Correspondent or Reporter, Aug 02, 2006)
The Bombay Stock Exchange benchmark, Sensex, fell by nearly 79 points on Tuesday morning trading on profit-selling by funds and retail investors in bluechip stocks.
- Sensex Ends Dream Run, Down 61 Pts At 10,680.23 (Asian Age, Correspondent or Reporter, Jul 30, 2006)
After a four-day dream run, the Sensex was down 61.36 points at 10,680.23 and the Nifty was down 25.35 points at 3130.80, while its Asian counterparts made good gains.
- Uptrend Halted On Bse, Sensex Drops 61 Points (Hindu, Correspondent or Reporter, Jul 29, 2006)
The Bombay Stock Exchange benchmark index, Sensex, swung between 10603.83 and 10787.65 on Friday before winding up 61.36 points lower at 10680.23 on alternate small bouts of buying and selling.
- Global Arena Widens For Mf Investors (Pioneer, PTI, Jul 29, 2006)
Investors can now look forward to new opportunities in the global markets with eased overseas investment norms for mutual funds, which provides the much-needed quality diversification to their portfolios, the industry experts said.
- Costlier Home Loans (Tribune, Editorial, The Tribune, Jul 27, 2006)
The RBI on Tuesday hiked its short-term lending and borrowing rates by 0.25 per cent, while keeping the long-term rates unchanged.
- Seeking Sanity In The Real Estate Market (Business Line, Editorial, Business Line, Jul 26, 2006)
"Today, though the real estate sector is growing at a blistering 30 per cent annually, our cities are crumbling with little or non-existent infrastructure — all a result of haphazard or no urban planning." — MR DEEPAK S. PAREKH, CHAIRMAN, HDFC
- Sensex Up 196pts; No Losers In Index (Business Standard, Correspondent or Reporter, Jul 25, 2006)
The Sensex is now up 196 points at 10,411.
- Sensex Falls 66 Pts On Oil, Rupee Worries (Indian Express, Correspondent or Reporter, Jul 19, 2006)
The benchmark Sensex fell another 66 points on Tuesday as high oil prices pushed the rupee to its lowest level in more than three years, triggering worries this may slow down foreign fund investments.
- Sensex Down 92pts; Tcs Gains 2% (Business Standard, Correspondent or Reporter, Jul 17, 2006)
The Sensex is now down 92 points at 10,586.
Bajaj Auto has dropped 2.5% to Rs 2,577. HLL and Dr.Reddy's have slipped 2.3% each to Rs 237 and Rs 1,275, respectively.
- Hdfc Bank Net Up 30% (Indian Express, Correspondent or Reporter, Jul 16, 2006)
HDFC Bank Ltd, India’s third-most valuable lender, on Friday announced that its quarterly profit went up by more than quarter to Rs 239 crore in the quarter-ended June.
- Hdfc Bank Net Up 30% (Indian Express, Correspondent or Reporter, Jul 15, 2006)
HDFC Bank Ltd, India’s third-most valuable lender, on Friday announced that its quarterly profit went up by more than quarter to Rs 239 crore in the quarter-ended June.
- Hdfc Bank Net At Rs. 239 Cr. In First Quarter (Hindu, Correspondent or Reporter, Jul 15, 2006)
HDFC Bank has reported a net profit of Rs. 239.30 crore for the quarter ended June 30, 2006, against Rs. 183.53 crore.
- Hdfc Bank Q1 Net Up 30 Pct, Rates A Worry (Reuters, M.C. Govardhana Rangan, Jul 15, 2006)
India's third-most valuable lender, HDFC Bank Ltd., on Friday reported a 30 percent jump in quarterly profit, matching expectations on strong loans growth and higher income from other services.
- Hdfc Bank Q1 Net Up 30 Per Cent (Pioneer, Correspondent or Reporter, Jul 15, 2006)
India's third-most valuable lender, HDFC Bank Ltd., on Friday reported a 30 percent jump in quarterly profit, matching expectations on strong loans growth and higher income from other services.
- Sensex Up 37pts; Icici Bank, Tata Steel Slip (Business Standard, Correspondent or Reporter, Jul 10, 2006)
Bharti Airtel has surged 3% to Rs 381. Wipro, HDFC and Satyam have rallied 2% each to Rs 479, Rs 1,185 and Rs 705, respectively.
- Mge Ups Sets Up Indian Arm (Deccan Herald, Correspondent or Reporter, Jul 07, 2006)
The company plans to triple its head count with the launch of the Indian outfit. Briefing reporters he said “India’s power protection market is growing at 20 per cent per year, driven by strong IT developmnent.
- Sensex Down 142pts; Market Breadth -Ve (Business Standard, Correspondent or Reporter, Jul 06, 2006)
ICICI Bank has dropped 3.5% to Rs 489. Satyam has shed 2.5% to Rs 715.
HDFC Bank, Wipro, Bajaj Auto and Dr.Reddy's are down over 1.5% each at Rs 794, Rs 489, Rs 2,767 and Rs 1,356, respectively.
- Sensex Surges 257 Points (Pioneer, Correspondent or Reporter, Jul 06, 2006)
Markets bounced back on Wednesday and ended up 257 points on the back of buying supports from FIIs.
Markets bounced back on Wednesday and ended up 257 points on the back of buying supports from FIIs.
- `India Is Exciting, But Not Without Hassles' (Business Line, Rasheeda Bhagat , Jul 04, 2006)
A growth rate of 7-8 per cent is sustainable for India and very good in Asian terms. But investing in India is also very challenging.
- Rain No Damper, Sensex Up 86 Pts (Asian Age, Correspondent or Reporter, Jul 04, 2006)
Heavyweight Sensex stocks kept the Sensex on a high on a day when the rains lashed India’s commercial capital and so there was low attendance even on the bourses. The two exchanges saw one of the lowest turnovers of 2006.
- Wkly Review: Sensex Up For The 3rd Straight Week (Business Standard, Correspondent or Reporter, Jul 02, 2006)
The Sensex ended higher for the third straight week gaining 208 points at a close of 10,609.
- Sensex Manages To Close High Amid Volatile Trading (Deccan Herald, Correspondent or Reporter, Jun 30, 2006)
Fag-end selling on concern over the US Federal meeting and also the expiry of June contract on Thursday washed out major part of early gains but the Bombay Stock Exchange benchmark Sensex still managed to close by over 32 points higher at 10,162.16 . . .
- Sensex Up 152; Hero Honda Rallies 3% (The Financial Express, Correspondent or Reporter, Jun 29, 2006)
The Sensex is now up 152 points at 10,282.
- Hdfc Bank’S Quickremit For Nris (Deccan Herald, CORPORATE BUREAU, Jun 28, 2006)
Hdfc Bank on Tuesday announced the launch of Online remittances from USA, UK and Singapore using the RTGS platform. NRIs can now send remittances using HDFC Bank’s Quickremit Online remittance service and the credits can be made directly to the . . .
- Sensex Down 80pts; Hdfc Drops 3% (Business Standard, Editorial, Business Standard, Jun 28, 2006)
The Sensex has recovered most of its lost ground and is now down 80 points at 10,071.
- Higher Interest Rates Unlikely To Halt India Inc Growth Story (Pioneer, Correspondent or Reporter, Jun 21, 2006)
The recent spate of interest rate hikes is unlikely to leave any major hole on the balance sheets of India Inc, as the sensitivity of corporate earnings to interest rates has declined over the years, country's leading private banking major HDFC Bank . . .
- Sc Notice To Up Minister In Corruption Case (Pioneer, Correspondent or Reporter, Jun 20, 2006)
The Supreme Court on Monday issued notice to a sitting Uttar Pradesh Minister on a petition alleging that he extorted money from local contractors threatening them with dire consequences.
- Sensex Breaks 5-Week Losing Streak (Business Standard, Correspondent or Reporter, Jun 17, 2006)
Following a record 616 points rally on Friday coupled with strong world market the Sensex opened with a huge positive gap of 158 points at 9703 and then did not bother to look back.
- 'Private Banks Owe Success To It' (The Economic Times, BHANU PANDE, Jun 17, 2006)
Over the next 10 years, the IT implementation by banks is slated to cost a whopping amount of Rs 15,000 crore. Some banks would spend as much as 15% of their capital on IT. Munish Mittal, V-P, HDFC Bank spoke on issues related to the crucial aspect . . .
- Hdfc Bank Raises Plr By 50bps To 11.50% (Business Standard, Correspondent or Reporter, Jun 17, 2006)
HDFC Bank today hiked its prime lending rate (PLR) by 50 basis points to 11.50% with effect from June 14.
- Hdfc Bank Hikes Lending Rate By 50 Bps (Business Standard, Correspondent or Reporter, Jun 17, 2006)
HDFC Bank today hiked its prime lending rate (PLR) by 50 basis points to 11.50 per cent with effect from June 14.
- Sensex’S Biggest Single Day Gain, Closes Above 9k (Deccan Herald, Correspondent or Reporter, Jun 16, 2006)
BSE Sensex on Thursday surged to 9545.06 points on active bargain hunting by investors, recording biggest-ever single-day gain of 616 points compared to the previous close of 8929.44.
- Banks Gypping Us, Cry Bhopal Victims (Tribune, RASHEED KIDWAI, Jun 13, 2006)
The survivors of the world’s worst industrial disaster are now accusing banks of tricking them out of part of their compensation money.
- Bank Stocks Down As Rbi Hikes Rates (Deccan Herald, Correspondent or Reporter, Jun 10, 2006)
Despite a technical rebound, banking segment stocks continued to reel under selling pressure after the Reserve Bank of India hiked the repo and reverse repo rate.
- Icici Bank Kicks Off Fresh Bout Of Rate Hikes (Pioneer, Correspondent or Reporter, Jun 10, 2006)
A day after Reserve Bank raised key short term interest rates, ICICI Bank on Friday announced 0.5 per cent increase on all retail and corporate loans.
- Uncivil Service (The Financial Express, Editorial, Financial Express, Jun 06, 2006)
Orissa commercial tax commissioner, Taradutt, had recently unleashed his department’s sleuths on the Bhubaneswar Club. In a startling response, Club president, Priyabrata Patnaik, also a senior IAS officer, had a note put up on the prestigious . . .
- No Non-Life Casualty (The Financial Express, Editorial, Financial Express, Jun 05, 2006)
Speculation that the world’s largest non-life insurance company, Chubb, is parting ways with HDFC in their non-life joint venture (JV) has been scotched with the Chubb MD denying any such development.
- Sensex Down 60pts; Mkt Breadth Extremely -Ve (Business Standard, Correspondent or Reporter, Jun 05, 2006)
The Sensex touched a low of 10,376 - down 161 points from the day's high of 10,537. The index is now down 60 points at 10,391.
- Midsummer Nightmare (Pioneer, Correspondent or Reporter, Jun 02, 2006)
Mutual fund investors will like to forget the month of May as a dark nightmare that robbed them off huge money, as none of the equity schemes managed to register positive return.
- Need For Interaction And Crisis Management (Indian Express, Sucheta Dalal, May 29, 2006)
On 17 May 2004, the nation watched with disbelief as stock prices dropped 10 per cent within minutes after trading started for the day. A Sebi official later said that the ‘‘velocity of the fall in stock prices was second only to the great crash . . .
- Rbi Pitches In To Iron Out Payment Glitches (Business Line, Correspondent or Reporter, May 23, 2006)
Settlement banks assured of liquidity support
- Sensex Regains 11k Mark Before Slipping Into Red (Press Trust of India, Correspondent or Reporter, May 22, 2006)
After a firm start, the benchmark sensex plunged by over 204 points in first two minutes of trading on the Bombay Stock Exchange today on emergence of heavy selling by funds.
- Port Of Call (The Economic Times, Editorial, Economic Times, May 22, 2006)
Mumbai’s exorbitant real estate prices have been held responsible for many of the city’s ills: shortage of good schools, the underworld’s birth and sustenance, the venality in Maharashtra’s body politic, the inability to transform itself into a . . .
- Icici Bank Too Hikes Home Loan Rates (Indian Express, Correspondent or Reporter, May 06, 2006)
In keeping with the industry trend, India’s leading home loan player ICICI Bank announced its home loans will cost 0.5 per cent more from Monday.
- Who Let The Dogs Out? (The Financial Express, Mythili Bhusnurmath, May 02, 2006)
Sebi’s recent order makes the most compelling case for a super-regulator for the financial sector
- Not Quite Kosher (The Financial Express, Editorial, Financial Express, May 01, 2006)
In the first flush of relief at regulatory action, the Securities and Exchange Board of India’s (Sebi) order in the IPO demat scam has been mostly welcomed.
- Let’S All Share (Indian Express, GAUTAM CHIKERMANE, Apr 30, 2006)
But for a minor glitch, it could well be one of the best explained, best researched Sebi orders. Released late Thursday evening, this 94,473-word, 252-page order, that attempts to bring credibility and confidence in the capital markets, seeks to track . .
- Let’S All Share (Indian Express, GAUTAM CHIKERMANE, Apr 29, 2006)
But for a minor glitch, it could well be one of the best explained, best researched Sebi orders.
- Hdfc Bank Gets An Earful (Deccan Herald, Correspondent or Reporter, Apr 29, 2006)
Market regulator Sebi has charged HDFC bank with not exercising due diligence, resulting in several demat accounts being opened under fictitious names leading to the IPO scam.
- Scam-Jolted Stocks Settle (Telegraph, Correspondent or Reporter, Apr 29, 2006)
Stocks tumbled and the sensitive index plunged almost 500 points at the start of trading today in reaction to the market regulator’s trading ban on 24 operators last night.
- Bears Come Out Of Hibernation (Pioneer, Correspondent or Reporter, Apr 26, 2006)
The benchmark sensex on Tuesday went into downward tailspin and lost 268 points, wiping off nearly Rs 34,000 crore of market cap as the sentiment was affected by an increase in trading margins, high crude prices and a poor monsoon forecast.
- Now Domestic Money (Business Standard, Editorial, Business Standard, Apr 20, 2006)
With the Sensex once again hitting a new high point on Wednesday, falling only marginally short of the 12,000-point mark, bulls are back in business after a brief fright last week.
- Wipro Net Profit Up 27 P.C. (Hindu, Correspondent or Reporter, Apr 20, 2006)
Rides on outsourcing boom from western countries; adds 42 clients during 4th quarter
Crosses $2-billion-mark in revenues
Staff strength crosses 50,000
Revenue expected to exceed $530 m Q1 of current year
- Access To Housing Loans Gets Tougher (Telegraph, Correspondent or Reporter, Apr 19, 2006)
Prospective borrowers had better watch out: it’s going to get harder to get home loans, especially if you are looking for an apartment in a metro that costs more than Rs 20 lakh.
- Sensex Zooms 302 Points On Encouraging Corporate Results (Hindu, Correspondent or Reporter, Apr 18, 2006)
Heavy buying in blue chip stocks by domestic funds
- Beating The Street (Business Standard, Niraj Bhatt, Apr 18, 2006)
Big deals will continue to drive TCS` topline growth
- Centre Says ‘No’ To Sbi Staff Demand (Deccan Herald, Correspondent or Reporter, Apr 05, 2006)
The employees’ demand would not be entertained as it would lead to similar demands by the staff of other banks, a Finance Ministry official said in New Delhi, where the SBI unions and management representatives are scheduled to meet on Wednesday
- Sbi Stir Hits Customers Hard (Indian Express, Correspondent or Reporter, Apr 05, 2006)
State Bank of India’s operations remained crippled throughout the country for the second day today, but the government made it clear it would not oblige the bank’s employees, who have struck work indefinitely demanding higher pension.
- Sbi Turns To Other Banks' Atms For Help (Times of India, Correspondent or Reporter, Apr 05, 2006)
Millions of State Bank of India (SBI) customers, tired of ATMs running dry, heaved a sigh of relief as the bank on Tuesday waived off the Rs 30 per transaction interchange fee it charges them for using ATMs of other banks.
- Sbi Turns To Shared Atms In Strike (Telegraph, Correspondent or Reporter, Apr 05, 2006)
The money-spewing machines that never sleep have gone bankrupt.
- Rs. 1,314-Crore Credit Plan For Mysore District (Hindu, Correspondent or Reporter, Mar 25, 2006)
Agriculture segment gets the maximum share of Rs. 554.04 crores
Minor irrigation sector has been earmarked Rs. 21.34 crores
Rs.7.07 crores allocated for dairy development sector
- Infosys Tops List (Deccan Herald, Aditya Raj Das, Mar 20, 2006)
based software major Infosys has topped the all India Corporate Reputation Index compiled by ACNielsen, world’s leading marketing information provider.
- It, Banking Stocks Rally, Lift Sensex 191 Points (Business Line, Correspondent or Reporter, Mar 11, 2006)
Renewed buying by foreign and domestic funds fuelled share prices for the second day running on Friday with the benchmark BSE Sensex up 191.62 points at an all-time high of 10,765 points.
- Dearer Money (The Financial Express, Editorial, Financial Express, Mar 08, 2006)
Icici Bank’s decision to hike the interest rate on auto loans should not come as a surprise.
- Blinkered Approach Of Nationalised Bank Unions (The Financial Express, Sucheta Dalal, Mar 06, 2006)
Strike called to protest the outsourcing of ‘normal banking services’ smacks of short-sightedness
- Rbi Fines Ing Vysya, Hdfc Bank, Idbi (Business Standard, Correspondent or Reporter, Feb 28, 2006)
IPO scam: HDFC Bank told to pay Rs 25 lakh, ING Rs 10 lakh and IDBI Rs 5 lakh.
- Rbi Imposes Penalties On Three Banks (Deccan Herald, Correspondent or Reporter, Feb 28, 2006)
The Reserve Bank of India has slapped monetary penalties on three leading banks — HDFC Bank, ING Vysya Bank and IDBI Bank for violating regulations on “Know Your Customer” norms and for breach of prudent banking practices and not adhering . . .
- Icici Bank Ups Corporate Lending Rate By 50 Bps (Business Standard, Correspondent or Reporter, Feb 15, 2006)
ICICI Bank today hiked its corporate lending rate for the second time in 40 days. The country’s second largest bank raised its prime lending rate, called ICICI Bank benchmark advance rate (I-BAR), by 50 basis points to 11.75 per cent with effect . . .
- Reply And Revenge (Hindustan Times, Karan Thapar, Feb 12, 2006)
Do phone calls from banks offering loans or credit card companies flogging their products irritate you?
- Rbi Refers Ipo-Tainted Banks` Case To Centre (Business Standard, Correspondent or Reporter, Feb 10, 2006)
The Reserve Bank of India (RBI) has referred the seven banks fined for their role in the recent initial public offering (IPO) allotment case to the government for further investigations.
- Hdfc Life Premium Income Up 150% (Business Standard, Correspondent or Reporter, Feb 09, 2006)
HDFC Standard Life Insurance Company’s has reported a 150 per cent increase in its first year premium income at Rs 599 crore in the nine months ended December 2005.
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