| Redemption in MF equity schemes peaks in October | 19-NOV-09 |
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| Market volatility has hit equity schemes of domestic mutual funds. The category has seen the highest monthly redemption so far in the current financial year in October, with net outflow crossing Rs 2,100 crore. |
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| 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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| Provisioning woes | 02-NOV-09 |
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| The recent monetary policy announcements pertaining to asset quality and inflation would put pressure on the profitability of banks in the medium term. |
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| Crisil Q2 net up 1.67% at Rs 43 cr | 29-OCT-09 |
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| The credit rating agency, Crisil, today saw an increase of 1.67 per cent in its net profit. The renewal of business helped the company to report profit of Rs 43.03 crore in the second quarter of the current financial year as compared to Rs 42.32 crore in the corresponding quarter last year. |
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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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| Indian cos credit quality improves, recovery may be bumpy | 15-OCT-09 |
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| After a dramatic free-fall in fiscal 2009, the credit quality of Indian companies has now started to stabilise led by positive stock market conditions 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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