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Articles 321 through 341 of 341:
- Sensex Closes Above 10,000-Mark (Hindu, Special Correspondent, Hindu, Feb 08, 2006)
Stock market indices on Tuesday closed at record highs and the benchmark Bombay Stock Exchange 30-share sensitive index (Sensex) closed above the 10,000-mark for the first time ever.
- Pru Icici Launches Fusion Fund (Business Standard, Correspondent or Reporter, Feb 01, 2006)
The closed-end fund comes with a five-year maturity and quarterly repurchase option.
- Hdfc Hikes Loan Rates 50 Basis Points (Business Standard, Correspondent or Reporter, Feb 01, 2006)
Housing Development Finance Corporation (HDFC) today raised home loan rates by 50 basis points across all segments. The new rates will take effect from tomorrow.
- A Pre-Emptive Move (Hindu, Editorial, The Hindu, Jan 25, 2006)
The Reserve Bank of India's decision to hike the short-term interest rates, announced in the third quarter review of the credit policy, has surprised many market participants.
- A Failure Of Checks And Balances: Rbi (Deccan Herald, Correspondent or Reporter, Jan 25, 2006)
Earlier this month, market regulator Securities and Exchange Board of India (Sebi) had unearthed a scam in the IDFC IPO, involving 45,000 fictitious demat accounts.
- Ipo Scam Is A Failure Of Checks And Balances: Rbi (Press Trust of India, Correspondent or Reporter, Jan 25, 2006)
Reserve Bank of India today said it was not the systemic failure, but inadequate checks and balances in banks which had lead to the IPO scam.
- Demat Scam: Rbi Cracks Down, Fines 7 Banks (Indian Express, Correspondent or Reporter, Jan 24, 2006)
In a crackdown on banks involved in demat accounts scam, the Reserve Bank of India on Monday fined seven commercial banks for violating its regulations on ‘Know Your Customer’ norms, breaching prudent banking practices and facilitating misuse of IPO ....
- Rbi Fines Seven Banks For Ipo Scam Lapses (Business Standard, Correspondent or Reporter, Jan 24, 2006)
The Reserve Bank of India (RBI) today slapped fines ranging from Rs 5 lakh to Rs 20 lakh on seven banks for their role in the recent manipulation of the initial public offer (IPO) allotment process.
- Icici Bank: Bitter Sweet (Business Standard, Correspondent or Reporter, Jan 21, 2006)
Higher provisions have eaten into ICICI Bank profits
ICICI Bank has posted fairly good numbers for the December quarter. While net interest income at Rs 1,166 crore was up a smart 60 per cent y-o-y, other income too chipped in with a growth of 32 . . .
- Rbi Turns Up Heat On Bankers To Ipos (Business Standard, Correspondent or Reporter, Jan 19, 2006)
The Reserve Bank of India (RBI) is inspecting the books of several banks to probe a possible misuse of the banking system in the IPO scam. The RBI had earlier issued show-cause notices to the banks.
- Reliance Jumps On Debut, Valued At Up To $23 Bln (Reuters, Correspondent or Reporter, Jan 19, 2006)
Shares in stripped down Reliance Industries Ltd. jumped in a pre-market special session on Wednesday, valuing the petrochemical and oil firm at up to $23 billion as its spun off its non-core businesses.
- Fluidity In Home Loan Rates (Business Line, Editorial, Business Line, Jan 18, 2006)
If there is one signal from the banking industry that sends borrowers or depositors into a tizzy, it is talk of an increase in the cost of funds mediated through interest rate hikes.
- Sensex Dips By 63 Pts As Investors Prepare For Ril Session (Press Trust of India, Correspondent or Reporter, Jan 17, 2006)
As investors prepared for a special price discovery trading session for index heavyweight Reliance Industries Ltd, the Sensex today dipped by 63 points, extending its losses to the fifth straight day in volatile trade on sustained selling pressure . . .
- Sebi Bars Investors In Share Scheme (Reuters, Correspondent or Reporter, Jan 14, 2006)
Finance Minister Palaniappan Chidambaram on Friday promised to take severe but unspecified action against those involved in a scheme of new-share allotments last year.
- Chidambaram Promises Action Against Yes Bank, Idfc Ipo Scam Culprits (Business Line, Our Bureau, Business line, Jan 14, 2006)
"We have identified the culprits who perpetrated the scam in both the issues."
- Icici Bank Hikes Plr By 25 Bps (Business Standard, Rajendra Palande, Jan 13, 2006)
ICICI Bank, the country’s second largest bank, has become the first to raise the benchmark prime lending rate (BPLR) amid heightened pressure on margins.
- Hdfc Bank Net Profit Up 31.3 P.C. In Q3 (Hindu, Correspondent or Reporter, Jan 11, 2006)
HDFC Bank has registered a 31.3 per cent growth in net profit at Rs. 224.40 crore for the quarter ended December 31, 2005 over the corresponding period in the previous year.
- Ril: Feeling The Pinch (Business Standard, Niraj Bhatt, Jan 11, 2006)
RIL was adversely hit by a 45.75% drop in profit of key refinery business
- Sbi Hikes Domestic Term Deposit Rates (Business Line, Correspondent or Reporter, Jan 08, 2006)
State Bank of India announced on Saturday a hike in interest rates on domestic term deposits by 0.25-0.50 percentage points on varying maturity from January 9.
- 11,000 Demats (Indian Express, Sucheta Dalal, Jan 08, 2006)
Even as the Reserve Bank of India (RBI) finds more banks were ensnared by Roopalben Panchal and her family in the demat account scandal, the Income Tax Department has also made major new discoveries.
- Hdfc, Il&fs Sell Off Colliers Jardine Stake (Business Standard, Correspondent or Reporter, Jan 07, 2006)
Sell combined 30% stake to Canada-based parent.
Housing Development Finance Corporation (HDFC) and IL&FS pulled out of Colliers International (India) Property Services by selling their combined 30 per cent stake to the Canada-based . . .
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