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| Wockhardt, Sun get US okay for generic drug | 19-NOV-09 |
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| Indian drug companies Wockhardt and Sun Pharmaceutical Industries have received final approval from the United States Food and Drug Administration (USFDA) to market generic versions of Nicardipine, the hypertension drug. |
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| Bank lending grows 9.6 % | 19-NOV-09 |
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| Bank lending rose by Rs 23,147 crore during the 14-day period ended November 6, unlike a contraction seen in the previous fortnight. |
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| HDFC to buy 41% stake in Credila Financial | 13-NOV-09 |
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| Housing Development Finance Corporation (HDFC), the country’s largest mortgage lender, today said it would acquire about 41 per cent stake in the education loan provider - Credila Financial Services held by DSP Merrill Lynch Capital. |
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| HDFC targets 20% loan disbursal growth | 13-NOV-09 |
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| Mortgage major Housing Development Finance Corp (HDFC) aimed to grow loan approvals as well as disbursements by at least 20 per cent in the current financial year, Joint Managing Director Renu Sud Karnad said today. HDFC has already seen a rise in new home loan applications, she said. |
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| 'We hope to finalise life insurance partner soon' | 10-NOV-09 |
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| ERGO entered India in 2007 through a general insurance joint venture with HDFC. It is currently finalising a life insurance partner. Andreas Kleiner, board member of ERGO International and responsible for Asia, talks to Shilpy Sinha about the group’s plans for India. |
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| HDFC to convert Bank warrants | 10-NOV-09 |
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| The country’s largest mortgage lender, Housing Development Finance Corporation (HDFC), plans to exercise the warrants issued by HDFC Bank into equity. Following the conversion in early December, HDFC’s stake in the bank will rise to almost 24 per cent. |
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| Restart SIPs, save entry load | 08-NOV-09 |
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| I have invested in an SIP of HDFC Top 200 since 2005. Do I need to stop and start afresh , so that it does not attract entry load. Kindly advise. |
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| Profit booking seen next week | 08-NOV-09 |
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| The Nifty closed around 4,800 on Friday on short-covering by foreign institutional investors (FIIs) and strong global cues. However, the trading pattern on the F&O segment suggests that the index may face strong resistance above the 4,800 level. Technically, the Nifty has to cross its Friday high of 4,835 to keep its bullish momentum. If the index slips below its Friday low of 4,755, it may revisit the recent low next week. |
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| Vishal Retail inks CDR pact for Rs 730 crore | 04-NOV-09 |
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| Vishal Retail today said it had signed an agreement with lenders for restructuring the terms of the chain’s Rs 730 crore debt and the process would kickstart within a few days.“The agreement with our lenders has been signed and the corporate debt restructuring (CDR) process will begin within the first half of November,” Group President Ambeek Khemka told PTI. |
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| F&O OUTLOOK: Nifty may correct further next week | 03-NOV-09 |
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| The Nifty closed in the red on Friday due to profit-booking at higher levels. For the last nine trading sessions, the Nifty has been making lower lows and lower highs, which is a bearish indication. According to a technical analyst at HDFC Securities, unless the index stops making new intra-day lows, the correction will continue. |
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| New tonic for Revital | 02-NOV-09 |
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| Yuvraj Singh has just told us the secret of his power-packed performances. It’s Revital, a combination of vitamin, mineral and the Chinese wonder herb Ginseng. |
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