| Debt MF schemes give positive returns in Oct | 16-NOV-09 |
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| Debt-oriented mutual funds gave positive returns in October, while almost all other funds, including equity, ended in the negative zone, fund evaluation and risk solutions provider Crisil FundServices has said. |
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| Indirect taxes see 22% fall | 12-NOV-09 |
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| The green shoots visible in the economy failed to enhance government revenue with indirect tax collections — comprising customs, excise and service tax — falling almost 22 per cent to Rs 1,26,903 crore in the April-October period this year. It stood at Rs 1,61,954 crore in the corresponding seven months of 2008-09. The overall decline was led by a 32 per cent fall in customs revenue. |
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| Indian cos credit quality improving: Crisil | 15-OCT-09 |
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| The credit quality of Indian companies is now stabilising on the back of positive stock market movement and the government's monetary easing, a study by rating agency Crisil Ratings said. |
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| An investment tool | 12-OCT-09 |
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| Last month-end, Crisil launched an initiative which could go a long way in helping investors across different classes take a decision regarding investment in a listed company. Crisil launched a new service called Independent Equity Research (IER), which will provide an independent opinion on two aspects of a company viz. fundamentals and equity valuation. While the move looks good and should enhance the research-led coverage on Indian companies especially the smaller sized, there are a few factors that deserve attention as they could restrict the access to such a service. And, the aim of addressing inadequate equity research coverage in the Indian market and providing an additional tool to investors to take informed investment decisions, may not be achieved. |
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| MFIs' bad loans may triple: Crisil | 11-OCT-09 |
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| Bad assets of microfinance institutions (MFIs) are expected to triple to 1.5 per cent by March 2010 compared to the March 2009 level due to the economic slowdown which has hit the repayment capability of small borrowers, according to credit rating and research agency Crisil. |
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| Crisil forays into equity research | 30-SEP-09 |
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| Crisil, the country’s leading rating agency, forayed into the equity research space today by launching grades on 13 companies — NTPC, DLF, Hero Honda, Pantaloon, Apollo Hospital, JM Financial, EID Parry, Phoenix Mills, Everest Kanto Cylinder, Indiabulls Securities, JBF Industries, Aarti Industries and Dolphin Offshore. |
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| Inflation turns positive after three months | 18-SEP-09 |
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| Primary articles, especially food items, pushed the headline inflation rate, as measured by the wholesale price index (WPI), into positive territory at 0.12 per cent for the week ended September 5, after staying in the negative for 13 weeks. |
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| Supply woes | 14-SEP-09 |
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| The concerns of an over-supply situation in the domestic cement industry and the consequent impact on prices and profitability are back again. But, this time around, the threat looks more prominent and thus, suggests that the heydays enjoyed by the sector in recent years in the form of improving operating rates, prices and profitability may well become history. And thus, the resultant impact on stock valuation, going ahead. For now, while the cement dispatch numbers for August 2009 have been good and those for year-to-date healthy, the fall in cement prices across different regions is a cause for concern. |
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| IPO subscribed 1.27 times | 08-SEP-09 |
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| The initial public offer (IPO) of Oil India Ltd (OIL), the second-largest state-run oil and gas company, was subscribed 1.27 times on the first day of its opening for subscription today. It is the third-largest IPO this year after NHPC and Adani Power Ltd, which raised around Rs 6,000 crore and Rs 3,000 crore, respectively. |
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| GDP grows 6.1%, weak monsoon a worry | 01-SEP-09 |
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| Showing signs of recovery, Indian economy grew 6.1 per cent in the first quarter (April-June) of the current financial year, the highest quarterly growth since the onset of the global economic slowdown in September 2008, primarily due to expansion in manufacturing and services sectors. |
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| Shobhana Subramanian: AMCs: Time for a shakeup | 28-AUG-09 |
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| In July mutual funds saw the amount of money that they manage hit a new high — the assets under management (AUM), according to rating agency CRISIL, hit a new peak crossing the Rs 7,00,000 crore mark for the first time ever. That should have been reason to celebrate but, ironically, funds have probably never felt gloomier. But first a closer look at the numbers. |
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| Reliance MF most successful fund house: Crisil | 21-AUG-09 |
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| Driven by strong performance, Reliance Mutual Fund has emerged as the most successful fund house in the country for the quarter ended June 2009, according to Crisil FundServices. |
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