8 votes
The promoters of Binani Cement have increased their stake in the company by five per cent through buyback by paying Rs 130 crore, the company said in a filing with
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7 votes
Turnover remained healthy at Rs 84,089.47 crore on Thursday. The Nifty futures remained in the premium to close at 5498.85 over the spot close of 5486.15. The Nifty futures added 10.6 lakh shares or 3.23 per cent in open
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4 votes
Undeterred by the plethora of power projects that are expected to go on stream in Tamil Nadu in the next year or two, Coimbatore-based MPS Group plans for a 300 MW power project in Thoothukudi district in south Tamil
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9 votes
Steel pipe producer Welspun Corp was up three per cent in Thursday's trade on news of the company bagging orders worth Rs 700 crore. These orders take the company's order book to Rs 5,400 crore, enhancing earnings visibility and improving
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7 votes
Concerns over lower return on equity from Adani Power's Mundra Phase-III project following a recent ruling appear to be
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3 votes
After experiencing negative growth in the average assets under management (AUM) in June and July, August has finally borne good news for the mutual fund industry with the AUM growing by 3.30 per
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2 votes
We recommend a buy in the stock of Texmaco from a short-term perspective. After finding support in the band between Rs 115 and Rs 120 in late May, the stock reversed higher. The long-term trend is up from its March 2009 low of Rs 35. In
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4 votes
Bharti AXA Investment Managers has decided to do away with exit load for three of its funds, effective September 1, the company said in a press release. Three of its regular equity growth schemes — Bharti AXA Equity Fund, Bharti AXA Focused
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9 votes
5 votes
Reliance Industries Ltd (RIL) has inched closer to the open offer threshold of 15 per cent in EIH. The conglomerate, through its subsidiary, has bought more shares in the hospitality company, taking its stake in EIH to 14.80 per
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8 votes
Ashika, a local financial services company, has drawn up plans to extend its network to tier two and three cities in West Bengal, Bihar, Jharkhand and Orissa. The company has identified 100 small towns in the three States where it will appoint
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3 votes
LIC is launching a new unit-linked deferred pension plan, LIC's Pension Plus. This scheme will provide customers a minimum guarantee on the gross premium paid. The plan is without any life
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5 votes
Orra Diamonds, a part of the $1.8-billion Belgian group Rosy Blue, is adopting a multi-pronged strategy to increase its thru-put in
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3 votes
The Insurance Regulatory and Development Authority (IRDA) Chairman, Mr J. Hari Narayan, has expressed concern over erosion in networth of life insurers and the time taken to
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3 votes
The board of directors of Reliance Broadcast Network Ltd (RBNL) has approved a proposal for new capital infusion of over Rs 400 crore into the company — by preferential issue of equity shares to the promoter group and other
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