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A cover for your largest financial investment22-NOV-09
Yes, you have just purchased your dream home and decked it up with all the goodies. But what happens, if there was a robbery or fire? A householder’s policy will come handy in such situations.
AirWorks plans to invest Rs 180 cr22-NOV-09
Firm works on expansion despite the sector failing to show signs of revival.
Govt may allow private sector investment in education21-NOV-09
The Centre plans to allow the (for-profit) private sector to set up educational institutions and tap the capital market, thus aiming to plug the funding gap in the education sector. In this regard, the Human Resource Development (HRD) ministry has asked Max India Chairman Analjit Singh to prepare a feasibility paper.
HAL to invest Rs 25,000 cr in next 10 years20-NOV-09
Hindustan Aeronautics (HAL) plans to invest more than Rs 25,000 crore in the next 10 years on the back of a strong order pipeline and big ticket projects on the horizon.
Sebi examining investment avenues for portfolio managers20-NOV-09
Securities and Exchange Board of India (Sebi) is in the process of examining whether registered portfolio managers invest in instruments other than listed securities, an official of the agency said.
Single window system to execute 62% investment proposals: ASSOCHAM20-NOV-09
The Associated Chambers of Commerce and Industry (ASSOCHAM) has come up with a study which point out that about 62 per cent of the investments in the state of Gujarat remain in the announcement stage while about one third are actually available to it.
SAT sets aside insider trading charge against Pendse, wife20-NOV-09
The Securities Appellate Tribunal (SAT) has set aside charges of insider trading against Dilip Pendse, former managing director of Tata Finance, and his wife Anuradha Pendse and Nalini Properties.
Investment through PNs rising again20-NOV-09
The notional value of investments in the domestic stock market through participatory notes (PNs), the off-shore derivatives issued by foreign institutional investors (FIIs), rose from 15.5 per cent in August to 16.4 per cent and 16.5 per cent in September and October, respectively.
India-EU FTA will lead to new wave of investments19-NOV-09
A new wave of investments from India to Europe and from Europe to India is likely to follow the India-EU free trade agreement which would take the bilateral trade to euro 160 billion by 2015, says the Indian Ambassador to France Ranjan Mathai.
Pepsico to set up 4 new plants in India for estimated Rs 700cr19-NOV-09
Just Days after its high-profile global board meeting that was hosted for the first time in the country earlier this month, Pepsico India Chairman Sanjeev Chadha said "going forward, over the next three years, certainly we will be putting up new plants.
Mittal opts out of Kazakh oilfield JV19-NOV-09
Steel magnate Lakshmi Mittal has pulled out of a project involving development of an oilfield in Kazakhstan in partnership with Oil and Natural Gas Corporation (ONGC). It is now looking for buyers for its stake in another company in the Central Asian nation.
RBI advisory forces banks to tighten mutual fund exposure19-NOV-09
The Reserve Bank of India (RBI) advisory to banks for limiting their mutual fund (MF) exposure has prodded the lenders to put in place a detailed investment norm.
TN port to build mega terminal for Rs 3,686 cr investment19-NOV-09
The Chennai Port Trust is planning to award the construction of a Rs 3,686 crore mega container terminal by March 2010. The port trust has received nine proposals, of which one company was disqualified. The proposed terminal will have the capacity to handle 5 million twenty equivalent units (TEUs) per annum.
Lodha to invest Rs 6,000 cr in existing projects18-NOV-09
Mumbai-based realty firm Lodha Developers, which plans to hit the capital market with its initial public offer (IPO) early next year, will invest Rs 6,000 crore in the next three years on construction of its existing projects.
EPFO decision on entering stock mkts likely by Dec 518-NOV-09
If the Finance and Investment Committee (FIC) of the Employees’ Provident Fund Organisation (EPFO), scheduled to meet here on December 1, takes a final call on investing a portion of its massive corpus in the capital markets, as much as Rs 13,000 crore could flow into equities.
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