Current news & Rumours in the mkt

[praveen taneja]

China Industry Shifts Down a Gear, PMI Poll Shows..The official purchasing managers' index (PMI) fell to 52.1 in June from 53.9 in May, the China Federation of Logistics and Purchasing (CFLP) said on Thursday.
Moody`s mood not good == Moody's Puts Spanish Debt on Review for Downgrade

 

[praveen taneja]

AUMs fall more than 16% to Rs 6.7L cr in June: AMFI

Average assets under management for June have fallen more than 16% to Rs 6.7 lakh crore, The Association of Mutual Funds in India (AMFI) said.

Reliance Mutual Funds' average AUM is down nearly 15% to around Rs 1 lakh crore month-on-month.


HDFC Mutual Fund's AUM also fell 14.9% at Rs 86,648 crore while UTI Mutual Fund saw a drop of 18% at Rs 64,445 crore. MoM.

Kotak Mutual Fund saw a drop of 29.8% at Rs 28,540 crore.

Birla Sun Life Mutual Fund's AUM fell 14.5% at Rs 63,111 crore, SBI Mutual Fund saw a 6.9% dip at Rs 33,727 crore, LIC Mutual Fund dropped 22.8% at Rs 30,049 crore, and DSP BlackRock fell marginally by 2.1% at Rs 21,415 crore.

 

[wetradefx]

watch out non famrs, if it looks like it is then thngs will be bad.. if u look at curencies then you should see dollar weakining espcailly against cad and aud

 

[praveen taneja]

Reliance Natural, Reliance Power shares rise 4 pct - Reuters




World stocks gain as U.S. jobs data ahead - Reuters




BRIEF - Ranbaxy Lab and Daiichi Sankyo to integrate new drug R&D unit - Reuters




INTERVIEW - Reliance Broadcast bids for second Delhi contract - Reuters




Nikkei ends above key support; technicals murky - Reuters




Spanish, German public banks in stress test focus - Reuters




Toyota plans recall; may cost $228 mln - paper - Reuters




BSE Sensex edges lower; ONGC, Tata Motors rise - Reuters




RBI: Will inject liquidity if needed - Reuters




Parkway shares surge on expected bidding war - Reuters




FACTBOX - Oil markets and those who trade them - Reuters




INTERVIEW - Jagran Prakashan in talks for JVs in print - Reuters




FACTBOX - How to invest into gold and key price drivers - Reuters




BUY OR SELL - Commodities set to tempt careful buyers in H2 - Reuters




BSE Sensex turns negative as Asia slips - Reuters




China's gold output slowed in May - ministry - Reuters




Ministers' panel to consider new law for mines - Reuters




Rupee drops on arbitrage, gold demand - Reuters




Australia mining tax deal seen unlocking M&A pipeline - Reuters

 

[praveen taneja]

NEWS UPDATES
• Gillanders Arbuthnot & Company postponed a board meeting
for considering bonus issue to 30 July 2010, from 15 July
2010 set earlier.
• Kesoram Industries board approved investment of Rs 1125
crore to raise its cement production capacity and set up a
captive power plant.
• Reliance Power jumped on reports the Exim Bank of US has
agreed to provide $600 million loan guarantee to the
company's ultra mega project at Sasan in Madhya Pradesh.
• Glenmark Pharmaceuticals unit got US drug regulator's nod
for adapalene gel used to treat acne.

 

[praveen taneja]

SEBI chief calls MF industry's bluff as members pour out grievances

"Indian Mutual Fund" A forum by an industry body on mutual funds on Wednesday, where fund houses intended to pour out their woes to the Securities and Exchange Board of India or Sebi, hardly had any effect on the market regulator. On the contrary, Sebi chairman CB Bhave launched a scathing attack on the practices of the mutual fund industry.


Mr Bhave was critical of the way fund houses do business and reiterated the need for them to focus on investors to grow.


If you (mutual funds) are producing better returns than what an average investor investing himself in the stock market gets, then why is it that you are unable to convince investors that you are giving them better returns, said Mr Bhave, at a mutual fund summit organised by the Confederation of Indian Industry (CII). I mean, are investors so dumb as not to understand that they are getting better returns here (mutual funds) and yet would invest somewhere they would get lesser returns, he said.


Sales of equity schemes of mutual funds have been hit, after Sebi banned mutual funds from charging investors to pay fees to distributors.


Mr Bhave said that mutual funds needed to look at how investors benefit from investing in their products, rather than create an incentive structure that suits them.


Somehow the focus goes to short-term incentives and that ultimately results in a great loss for investors. And finally, when investors lose money, the whole industry also comes tumbling down. I think, this lesson needs to be internalised by all of us, he said.


The Sebi chief said that mutual funds have to streamline their 3,000-odd product offerings to make it more investor-friendly.


Even if you put before me 3,000 investment products, I wont know how to choose from those products. Ill have no idea of which scheme is good for me, Mr Bhave said. If you really want to reach to the so-called small investors in whose name you do everything, does he need 3,000 options? Is there really so much of innovation that is going on? Are these schemes really so different from each other or were there incentives operating in the market that made us generate these 3,000 options? he said.


In an earlier speech during the conference, UTI AMC chief UK Sinha remarked that about 60% of the schemes are sub-optimal and the investments in them will not be able to help mutual funds justify their claims that they are giving investors the benefits of aggregation of savings.


Mr Bhave slammed the mutual fund industry for relying more on short-term money to boost their assets under management. You are becoming a shock absorber because you are taking short-term money ... now who asked you to take short-term money ... because you see that the neighbour (rival fund house) is taking short-term money and his AUM has gone up, so I need to compete, he said.


Soon after the conference, Mr Bhave spoke to reporters about his take on the recent verdict over the regulation of unit-linked insurance plans (Ulips). Last week, the government had said that IRDA would continue to be the regulator for ULIPs, quashing Sebis order that the investment component in the product should get its approval. I dont agree with the description of war between IRDA and Sebi. We must remember that we all operate under the law as it exists. So, the law has changed now, there is no question of happiness or anything like that, Mr Bhave said.

 

[praveen taneja]

French Bank BNP Paribas SA is exiting from the mutual fund venture of Sundaram Finance (SFL). SFL board on Wednesday decided to acquire the 49.90 per cent stake of BNP Paribas asset management (BNP PAM) both in Sundaram BNP Paribas Asset management company and Sundaram BNP Paribas Trustee company.


This is subject to necessary agreements and regulatory approvals. The two companies will become 100 per cent subsidiaries of SFL. Company officials declined to disclose the deal size citing confidential clause. This is the second time, Sundaram has bought out its MF partner. Earlier, the first partner Newton had exited Sundaram AMC.


The latest deal is sequel to BNP Paribas SA (parent of BNP PAM), as part of part of a global acquisition, taking over the banking and financial services activities of the Fortis Group.


This led to BNP indirectly acquiring interests in Fortis Investment Management (India) and Fortis trustee (India), the asset management and trustee company respectively of Fortis mutual fund in India.


In view of this, SFL and BNP PAM have amicably decided to proceed with the disengagement from their joint ventures in Sundaram BNP AMC and Sundaram BNP TC.


There will be no impact on the other three Joint Ventures namely, Sundaram BNP Paribas Home Finance. (SFL Group holding 51 per cent), Sundaram BNP Paribas Fund Services, (SFL Group holding 51 per cent) and BNP Paribas Sundaram Global Securities Operations (SFL Group Holding 49 per cent).

 

[trade man]

Imp news compilation


RIM shares drop as BlackBerry shipments disappoint - Reuters




Oracle earnings beat Street view, shares rise - Reuters




U.S. government loses bid to keep oil drilling ban - Reuters




U.S. high court imperils Skilling, Black convictions - Reuters




FACTBOX - Keys to U.S. House-Senate panel on Wall St reform - Reuters




U.S. cities, companies team up on immigration reform - Reuters




FACTBOX - Five facts about Jeffrey Skilling - Reuters




Japan May CPI -1.2 pct y/y, down 15th month in row - Reuters




Bank capital, broker norms raised in Wall St bill - Reuters




Reuters Summit - China's rising costs signal end of U.S. retail era - Reuters




Australia govt shows chink on 40 pct mine tax - Reuters




Nikkei falls 1.5 pct, hovers near key support level - Reuters




U.S. Senate urges tougher Volcker rule, with exemption - Reuters




Brokers could face new duty to clients in U.S. bill - Reuters




Judge cuts ex-Qwest CEO's sentence by 2 months - Reuters




Dell CFO eyes M&A, growth for enterprise business - Reuters




Goldman Sachs gets Weinstein films in debt pact - Reuters




UK's Cameron defends fiscal squeeze before G20 summit - Reuters




G20 nations see different paths for securing recovery - Reuters




FACTBOX - Biggest changes in NYSE short interest - Reuters




Dell says focused on profits despite challenges - Reuters




FACTBOX - Key U.S. shale natural gas and oil deals since 2009 - Reuters




Regulators fail to agree on Zimbabwe diamond trade - Reuters




China wants to double trade with Canada by 2015 - Reuters




Oracle earnings beat Street view, shares rise - Reuters




INSTANT VIEW - RIM disappoints, Oracle beats Street view - Reuters




RIM shares drop as BlackBerry shipments disappoint - Reuters




U.S. keeps G20 focus on growth, Europe resists - Reuters




Obama: Positive signs on yuan but too early to judge - Reuters




IBM sues exec who quit to take job with Oracle - Reuters




Accenture profit beats, shares rise - Reuters




U.S. STOCKS - Market sinks on fragile recovery fears - Reuters




Oil rises as storm fears trump economic worry - Reuters




Bank capital, broker standards raised in Wall Street - Reuters




U.S. Fed's balance sheet rises slightly in week - Reuters




U.S. govt loses bid to keep oil drilling ban - Reuters




Obama, Medvedev reach deal on U.S. poultry exports - Reuters




Digital whiteboard co files for $730.7 mln IPO - Reuters




U.S. judge denies stay on drill ban ruling - Reuters




Fund managers gird for slow U.S., Europe recoveries - Reuters




Greek PM urges banks to regroup to cope with crisis - Reuters




ANALYSIS - Onshore service cos to thrive amid GoM oil spill - Reuters




Chipmakers in $173 mln U.S. price-fixing accord - Reuters




Gold rises toward $1,250 as risk aversion resurfaces - Reuters




World stocks weighed by growth fears; gold up - Reuters




Twitter settles privacy charges with U.S. - Reuters




Convictions of two U.S. former executives set aside - Reuters




U.S. claims, durable orders ease double-dip fears - Reuters




Temp workers lead EU, U.S. recovery - Reuters




Fans scramble for Apple's iPhone upgrade - Reuters




Banks call on G20 leaders to coordinate reform - Reuters




Dubai ruler not worried about debt restructuring - CNN - Reuters




Trade in focus as Russia's Medvedev visits Obama - Reuters




Earthquake, tornado, storms hit Canada summit area - Reuters




Greece optimistic on 2010 budget goals - finmin - Reuters




Bharti to invest $150 mln in Zambia - Kohli - Reuters




SAIC to raise $1.5 bln to fund own-brand vehicles - Reuters




Canada's Flaherty - G20 discussing deficit targets - Reuters




Ex-media baron Black's fraud conviction set aside - Reuters




"Political risk everywhere" here to stay - Reuters




Economy and earnings to drive shares higher - POLL - Reuters




POLL - U.S. S&P 500 seen rising 13 percent by year-end - Reuters




May fuel sales up on higher auto fuel demand - Reuters




ANALYSIS - Cautious investors on top at half time - Reuters




Insurers fear G20 rules may boost herd behaviour - Reuters




GMR consortium wins 2nd Male airport bid - Reuters




Hindustan Copper: eyeing mining assets overseas - Reuters




Water reservoirs stay at last week's levels - Reuters




Warburg Pincus to invest $85 mln in Metropolis Health - Reuters




Watchdog confident UK banks will pass stress test - Reuters




Fans scramble for Apple's iPhone upgrade - Reuters




Principal sells stakes in India insurance JVs - Reuters




IDFC to raise up to $750 mln via QIP - source - Reuters




Wall St falls on fears of slowing recovery - Reuters




INTERVIEW - U.S. accuses China of blocking Doha trade talks - Reuters




POLL - Tokyo stocks to grind higher by end 2010 - Reuters




LNG only option for Indian gas supply - GAIL exec - Reuters




Wall St set to open lower on economic jitters - Reuters




Hind Copper to file draft prospectus by July-end - Reuters




INTERVIEW - Titagarh, ABB joint Indian Rail bid fails - Reuters




POLL - Global stocks on the rise, economy could cap gains - Reuters




Rupee at 1-wk low on shares, dlr recovery - Reuters




Taiwan, China agree terms of landmark trade deal - Reuters




3G funds may not trim govt borrowing much - Nomura - Reuters




European Union talks on hedge fund rules collapse - Reuters




BSE Sensex eases 0.1 pct ; Reliance drops - Reuters




LNG only option for Indian gas supply hole - GAIL exec - Reuters




Rains 21 pct below normal; experts still hopeful - Reuters




Rupee drops tracking shares; dollar gains - Reuters




India gold buying retreats, traders await falls - Reuters




Jet Airways says gets proposals to develop land bank - Reuters




Capital flows seen flocking to India post crisis - StanChart - Reuters




Reliance Industries buys 45 pct in U.S. shale gas JV for $1.36 bln - Reuters




ANALYSIS - Brokerages may look to ETFs to boost profits - Reuters




ANALYSIS - Europe tries to fill leadership void in crisis - Reuters




ANALYSIS - U.S. housing rebound elusive without job gain gusto - Reuters




BP resumes oil siphon at leak, Obama poll numbers down - Reuters




Nikkei flat in choppy trade, Softbank up on iPhone - Reuters




TPG to invest in Vishal Retail - chmn says - Reuters




AgBank sets HK range, total IPO may miss ICBC record - Reuters




Food inflation rises; fuel price meeting eyed - Reuters




ECB's Trichet: austerity plans don't risk stagnation - Reuters




ING raises $175 mln from Kotak stake sale - sources - Reuters




Sleep-deprived Apple fans brave rain for iPhone 4 - Reuters




Google examining impact of new China laws on products - Reuters




BSE Sensex up 0.3 pct; metals, Reliance up - Reuters




ANALYSIS - Retailers in slow lane to mobility - Reuters




ANALYSIS - Retail M&A, IPOs stall, investors balk - Reuters




Honda new hybrid to be cheapest one in Japan - paper - Reuters




Petronet LNG won't tap spot market till Dec - Reuters




Raymond exits home retail biz in consolidation move - Reuters




Ford Motor to invest $450 mln in new Thai plant - Reuters




Tussle over forests shows India's growth dilemma - Reuters




Monsoon rains 11.1 pct below normal - sources - Reuters




Kotak Mahindra shares fall after block deal - Reuters




BSE Sensex rises 0.2 pct tracking Asian stocks - Reuters




Nike profit matches view, sees pressure ahead - Reuters




ING selling $110 mln stake in Kotak Bank - term sheet - Reuters




BP reinstalls cap on Gulf of Mexico oil leak - Reuters




BSE Sensex to tread water; Tata Motors watched - Reuters




SPECIAL REPORT - Saving Goldman Sachs - Reuters




Tata Motors may raise $541 mln to pare debt - report - Reuters




World Bank urges G20 policies that help poor - Reuters




ING selling $110 mln stake in Kotak Bank - term sheet - Reuters




FACTBOX - Developments in the Gulf of Mexico oil spill - Reuters




Lenovo sees double-digit India market share soon - Reuters




FACTBOX - How would the Volcker rule affect major U.S. banks? - Reuters




Singapore Hot Stocks - Parkway may be in focus in slow trade - Reuters




Riversdale inks $800 mln coal deal with China - Reuters




Google, YouTube defeat Viacom in copyright lawsuit - Reuters




Dell's 2011 forecast meets Street view, margins eyed - Reuters




GM readies IPO filing, in auto loan talks-sources - Reuters




Nikkei falls 0.2 pct, remains above support level - Reuters




Toronto's downtown banks empty out ahead of G20 - Reuters




ANALYSIS - U.S. housing rebound elusive without job gain gusto - Reuters




China trade barriers a serious concern - U.S. aides - Reuters




G20 to warn on complacency; fiscal fight looms - Reuters




Obama to meet Manmohan, China, Japan leaders at G20 - Reuters




Non-U.S. firms targeted in Wall St reforms - document - Reuters




Scrappage keeps Russia carmakers running, but how long? - Reuters




Fight against hunger hit by economic crisis - U.N. - Reuters




INTERVIEW - Saab pushing on with small car plan - Reuters




Fed's Fisher likes Volcker rule, calls for end to big U.S. banks - Reuters




Glaxo close to U.S. Lucozade launch deal - Reuters




Aviva, UBS increase BP stake - Reuters Insider - Reuters




Soros says should be possible to hold euro together - Reuters




AgBank Hong Kong IPO to raise up to US$11.4 bln - Reuters




Disney and IMAX sign three-picture 3D deal - Reuters




Gold drops but off lows; Fed statement in focus - Reuters




Toyota seeks curbs on experts in U.S. court fight - Reuters




Fiat keeps Naples plant future in limbo - Reuters




Banks can buy bonds of below 1-yr tenure - Reuters




Resolution fund to be dropped from Wall St bill - Reuters




Regulation key for central bank bubble fight - Reuters




INTERVIEW - BMW sticks to FY sales target despite early jump - Reuters




World stocks, euro fall on growth fears, Fed caution - Reuters




Monster to benefit from job market rebound: Oppenheimer - Reuters




U.S. urged to save Doha trade round from oblivion - Reuters




Fed on sidelines, waiting for recovery to firm - Reuters




Obama seeks new drill ban as oil still spews - Reuters




Europe's emergency loan vehicle hits Slovak snag - Reuters




Oil volatility, not price, more risk to economy - IEA - Reuters




INTERVIEW - Coal prices still a "buy" - ICAP - Reuters




European diplomats clash over hedge fund clampdown - Reuters




Few Europe banks have HSBC's nerve on hybrids - Reuters




ING to sell stake in Kotak Mahindra Bank - source - Reuters




Balaji Tele court hearing on July 27 on land dispute - Reuters




Low retail interest cloud mutual fund growth - PwC - Reuters




China labour strife silences Toyota, Honda plants - Reuters




FACTBOX - G20 progress on financial regulation - Reuters




Vishal Retail signs debt restructuring pact with TPG - Reuters




IEA says oil supply mostly to meet demand to 2015 - Reuters




PNB to buy out insurance JV partners' stakes - Reuters




Wall St flat as energy stocks weigh - Reuters




BASF bags smaller peer Cognis in 3.1 bln euro deal - Reuters




FACTBOX - What next for the Gulf Arab monetary union? - Reuters




ANALYSIS - Saudi Arabia to struggle pushing Gulf union ahead - Reuters




Good Tech software may aid corporate iPhone sales - Reuters




Titan to invest 120 mln rupees in new facility - Reuters




Wall St to bounce at open, Fed statement in focus - Reuters




Monsoon rains more than 9 pct below normal June 1-22 - Reuters




Wall St to bounce at open, Fed statement in focus - Reuters




China banks warned against risks of foreign debt defaults - Reuters




Coal India unit says may miss 2010/11 production target - Reuters




Farm trade safeguard would have limited impact - study - Reuters




ANALYSIS - Emerging debt sales set to recover after Q2 dip - Reuters




Oil slips on IEA outlook, rising U.S. fuel stocks - Reuters




Hedge fund veteran eyes commodities in looming forex crisis - Reuters




Rupee stronger, but euro watched - Reuters




European surveys fuel growth slowdown fears - Reuters




INTERVIEW - Microsoft sees strong online ad growth for 4-5 yrs - Reuters




No country for young men; Italy's "lost generation" - Reuters




Hong Kong finance job market hots up, pay jumps - Reuters




Panacea Biotec gets SEBI nod for share buyback - Reuters




BSE Sensex ends flat; software firms gain - Reuters




Soros says Germany could cause euro collapse - Reuters




China punctures yuan hopes, only plodding gains seen - Reuters




Maoist threat hampering coal output - minister - Reuters




Inflation spreading, RBI may hike rates "any time" - official - Reuters




BSE Sensex provisionally closes up 0.1 pct - Reuters




Jindal Power faces delay at Chattisgarh plant - Reuters




Vivendi denies in talks for Reliance Comm stake - Reuters




Reuters Summit - Li&Fung says China low-cost era over - Reuters




India gold futures extend gains; traders stay away - Reuters




Tata Motors to consider fund raising on June 28 - Reuters




Shree Renuka's Brazil buy to help procure cheap raws - Reuters




Russia to invest $600 mln in Sistema India unit by Oct - Reuters




MF industry needs common policy for governance - Reuters




IOC losing 1.15 bln rupees/day on fuel sales - Reuters




FACTBOX - Shree Renuka set to acquire Brazil's Equipav - Reuters




Rupee gains as stocks trim fall; dlr drop aids - Reuters




RBI says offices to remain shut on July 1 - Reuters




U.S. warns G20 against rush to curb deficits - Reuters




FEATURE - Brazil's downtrodden northeast rides a revival - Reuters




Overshadowed by G20, G8 likely to preserve a role - Reuters




Apple iPhone 4 has Samsung, Micron chips - iFixit - Reuters




Morgan Stanley report ups ante for Khazanah in Parkway bid - Reuters




Mahindra Satyam shares up more than 11 pct - Reuters




Afghan wealth tempts India, China but hurdles remain - Reuters




BSE Sensex sheds 0.3 pct; financials, metals fall - Reuters




Agbank HK IPO floor price at HK$2.80 - paper - Reuters




Nissan CEO pay was $9.5 mln, below overseas peers - Reuters




PM pushes for higher FDI in airlines - report - Reuters




Reliance to buy Pioneer shale stake - sources - Reuters




U.S. seeks $5 million from two ex-Madoff employees - Reuters




BSE Sensex falls 0.4 pct; ICICI, L&T down - Reuters




BSE Sensex to drop; Reliance Comm, metals eyed - Reuters




Obama administration to issue new drilling moratorium - Reuters




Honda halts output at China plant on parts supply - Reuters




Pranab: more food output to tame inflation - Reuters




Auto dealers win, banks lose in Wall Street bill - Reuters




Apple's new iPhone approaches as iPad surprises again - Reuters




ANALYSIS - Yuan move alone won't alter U.S., European growth - Reuters




Taiwan, China to sign trade deal around June 28 - media - Reuters




World's wealthy looking to "give while they live" - Reuters




Nikkei falls towards support, hit by broad selling - Reuters




FACTBOX - Developments in the Gulf of Mexico oil spill - Reuters




Reuters Summit - Consumers say: "In tweets we trust" - study - Reuters




Obama: economy not moving as quickly as desired - Reuters




India Considers Limits on Forces in Kashmir - Wall Street Journal




India Food Prices Rise Agai - Wall Street Journal




India's Liquidity Crunch Explaine - Wall Street Journal




Reliance Spends $1.36 Billion on Shale Gas Stak - Wall Street Journal




HCL Corp Sells About 2.5% in HCL Technologie - Wall Street Journal




Patni Looking to Tap Japanese Marke - Wall Street Journal




India's Tribals Caught in Crossfir - Wall Street Journal




Russia to Invest in Sistema Shya - Wall Street Journal




India Statistician: Expect June Inflation Below 10 - Wall Street Journal




Minister: No Plan to Sell More Than 10% in Coal Indi - Wall Street Journal




India Regulator: Examining if Front-Running Exist - Wall Street Journal




Cabinet approves GoM package on Bhopal - Business Line




Reprise Media to offer digital services - Business Line




Rs 623-cr Nabard funds sanctioned - Business Line




ITC arm, ICAR bid to promote sorghum consumption - Business Line




Air safety - Business Line




Asia airlines to increase IT spending next year: Study - Business Line




Work on Kannur international airport from Nov 1 - Business Line




High Court strikes down termination of Aeroflot employee - Business Line




Service tax on domestic flights from July 1 - Business Line




GMR Infra bags Male airport expansion project - Business Line




Hind Dorr-Oliver ties up with BHT, SPIG Cooling Towers - Business Line




Carnation ties up with Magneti Marelli - Business Line




Reprise Media to offer digital services - Business Line




ITC arm, ICAR bid to promote sorghum consumption - Business Line




TVS Motor signs MoU with Thiagarajar College - Business Line




Alstom close to deal with BHEL, Nuclear Power - Business Line




Chinese varsity in tie-up with Rabindara Bharati - Business Line




Ministry against further stake dilution in Nalco - Business Line




AP cotton farmers to get weather cover - Business Line




AP SMEs to get SaaS advantage - Business Line




Rs 623-cr Nabard funds sanctioned - Business Line




ITC arm, ICAR bid to promote sorghum consumption - Business Line




LGS Global gets US contract - Business Line




Initiative to provide info to villagers thru mobiles - Business Line




Tata Nano Superdrive arrives in Hyderabad - Business Line




AP's IT exports at Rs 36,000 cr in 2009-10 - Business Line




Corporate News - Business Line




Preliminary dumping duty proposed on PVC Flex Film from China - Business Line




Moon Fishery bags tuna processing contract - Business Line




Rlys seeks to develop common user terminals for auto, ancillary hub - Business Line




Faceless banking - Business Line




Alstom close to deal with BHEL, Nuclear Power - Business Line




Edelweiss Capital board okays stock split, 1:1 bonus - Business Line




Italian menswear brand Boggi to invest 12 m in India - Business Line




MBlaze launched in Thiruvananthapuram - Business Line




UK will cut spending, never mind weak economy - Business Line




Carnation ties up with Magneti Marelli - Business Line




New markets to offset dip in exports to Europe, says Hyundai - Business Line




Tata Nano Superdrive arrives in Hyderabad - Business Line




Century Plyboards to demerge cement, ferro-alloy biz - Business Line




IPL 4: Franchise owners want all players put on auction - Business Line




AP cotton farmers to get weather cover - Business Line




Local solutions must be found for climate mitigation' - Business Line




11% rain deficit overall, surplus in south - Business Line




Rubber, tea estates set to gain from rain, sunshine - Business Line




Efforts needed to resolve fibre shortage: Coir Board - Business Line




Food inflation touches 10-week high of 16.9% - Business Line




Delivery-based contracts for 15 commodities - Business Line




A hard place to close a business - Business Line




A hard place to close a business - Business Line




Borrowings via ECB route decline in May - Business Line




Good governance - Business Line




Strengthening the fibre - Business Line




Textile players agree to sink differences on cotton yarn price - Business Line




AP cotton farmers to get weather cover - Business Line




HC clears hurdles for Birla Corp's AGM - Business Line




High Court strikes down termination of Aeroflot employee - Business Line




Rollover of open interest jumps to 89% for Tata Steel - Business Line




Ministry against further stake dilution in Nalco - Business Line




UK will cut spending, never mind weak economy - Business Line




Germany endangering EU recovery, warns Soros - Business Line




Food inflation touches 10-week high of 16.9% - Business Line




Strengthening the fibre - Business Line




TVS Motor signs MoU with Thiagarajar College - Business Line




Chinese varsity in tie-up with Rabindara Bharati - Business Line




Alstom's new US plant has its eyes on local demand - Business Line




Alstom close to deal with BHEL, Nuclear Power - Business Line




Hind Dorr-Oliver ties up with BHT, SPIG Cooling Towers - Business Line




VA Tech Wabag plans Rs 125-cr public issue - Business Line




Bosch Power Tools opens exclusive outlet BSS' - Business Line




AP SMEs to get SaaS advantage - Business Line




Local solutions must be found for climate mitigation' - Business Line




Workshop on vigilance mechanism - Business Line




Tata Nano Superdrive arrives in Hyderabad - Business Line




Tamil goes hi-tech - Business Line




New markets to offset dip in exports to Europe, says Hyundai - Business Line




AP's IT exports at Rs 36,000 cr in 2009-10 - Business Line




Spices export rise in value, volume - Business Line




Germany endangering EU recovery, warns Soros - Business Line




UK will cut spending, never mind weak economy - Business Line




Basix to raise Rs 200-cr equity capital - Business Line




Edelweiss Capital board okays stock split, 1:1 bonus - Business Line




ING exits Kotak Bank - Business Line




Presumptuous and preposterous - Business Line




Rupee weakens - Business Line




Chola MS General aims at Rs 20-cr profit this fiscal - Business Line




AP cotton farmers to get weather cover - Business Line




Bond prices rise - Business Line




HCL Corp sells 2.5% stake in HCL Tech - Business Line




ITC arm, ICAR bid to promote sorghum consumption - Business Line




VA Tech Wabag plans Rs 125-cr public issue - Business Line




More time sought for discussion on DTC - Business Line




Asia airlines to increase IT spending next year: Study - Business Line




Work on Kannur international airport from Nov 1 - Business Line




GMR Infra bags Male airport expansion project - Business Line




A hard place to close a business - Business Line




Presumptuous and preposterous - Business Line




The need for interest rate reforms - Business Line




Faceless banking - Business Line




The need for interest rate reforms - Business Line




Atul buys adhesive brand Polygrip - Business Line




Indiabooms launches portal - Business Line




Gathering speed - Business Line




Work on Kannur international airport from Nov 1 - Business Line




Pepper futures soar on strong domestic demand - Business Line




Tata Indicom offers special number series - Business Line




Efforts needed to resolve fibre shortage: Coir Board - Business Line




Moon Fishery bags tuna processing contract - Business Line




PNB targets Rs 10,000-cr business in Kerala - Business Line




Campco 's rubber procurement centre in Kerala - Business Line




Roads less travelled - Business Line




MBlaze launched in Thiruvananthapuram - Business Line




Air safety - Business Line




Good governance - Business Line




IDBI Fortis Insurance branch - Business Line




Tamil goes hi-tech - Business Line




Initiative to provide info to villagers thru mobiles - Business Line




Maharashtra offers sops to develop minor ports - Business Line




Warburg Pincus buys out ICICI Ventures stake in Metropolis Healthcare - Business Line




Atul buys adhesive brand Polygrip - Business Line




Mahindra Satyam BPO eyes acquisitions - Business Line




Century Plyboards to demerge cement, ferro-alloy biz - Business Line




Balanced approach to iron ore policy - Business Line




Bearish trend likely to continue in iron ore stocks - Business Line




NISM will conduct exams for dealing in MFs: SEBI - Business Line




SEBI to come out with working paper on selling practices of MFs - Business Line




Ministry against further stake dilution in Nalco - Business Line




Moon Fishery bags tuna processing contract - Business Line




LGS Global gets US contract - Business Line




Essar Oil bags 4 CBM blocks - Business Line




Core Projects arm bags $24-m deal from Los Angeles school - Business Line




GMR Infra bags Male airport expansion project - Business Line




Motilal Oswal to launch ETF tracking Nifty - Business Line




Bosch Power Tools opens exclusive outlet BSS' - Business Line




MBlaze launched in Thiruvananthapuram - Business Line




Petronet mulls rights issue to fund proposed power project - Business Line




Dhaka to provide transit facility for ONGC Tripura project - Business Line




Maharashtra offers sops to develop minor ports - Business Line




Presumptuous and preposterous - Business Line




Dhaka to provide transit facility for ONGC Tripura project - Business Line




Rollover of open interest jumps to 89% for Tata Steel - Business Line




Race against time - Business Line




Alstom's new US plant has its eyes on local demand - Business Line




New markets to offset dip in exports to Europe, says Hyundai - Business Line




SEBI to come out with working paper on selling practices of MFs - Business Line




Mahindra Satyam BPO plans delivery centre in Philippines - Business Line




11% rain deficit overall, surplus in south - Business Line




Mahalaxmi bid for market consolidation - Business Line




Mahindra Satyam BPO plans delivery centre in Philippines - Business Line




Mahindra Satyam BPO eyes acquisitions - Business Line




PowerGrid's new bidding norms to hit Chinese vendors - Business Standard




Pioneer deal adds twice the punch to RIL's shale gas plans - Business Standard




IPL owners for free players market - Business Standard




L&T plans to restructure JV with Mitsubishi - Business Standard




GMR wins Male airport contract - Business Standard




Finally, India sings at Cannes - Business Standard




3 Parkway execs have voting pact with Fortis - Business Standard




Jet, Godrej to ink Mumbai land deal soon - Business Standard




HCL Corp sells 2.5% stake in HCL Tech for Rs 580 cr - Business Standard




Warburg replaces ICICI stake in Metropolis Healthcare - Business Standard




Enron's former CEO gets partial victory from court - Business Standard




Atul Ltd acquires adhesive brand Polygrip - Business Standard




Uninor's eyes 24,000 one-on-one dealer meets in Gujarat - Business Standard




Hyderabad-based IIL to set up greenfield project - Business Standard




RSB acquires 70% stake in Belgian engineering firm - Business Standard




Vedanta to set up multi-speciality hospital at Jharsuguda - Business Standard




LCA's Naval version set for launch - Business Standard




PMO refers 2G issue to EGoM - Business Standard




IIMs, Prometric gear up for glitch-free CAT 2010 - Business Standard




Jaswant back in BJP fold - Business Standard




Government clears Rs 1,256-crore package for Bhopal tragedy - Business Standard




Russia leads race for new regional jet - Business Standard




Accredit Gujarat hospitals for more foreign tourists: study - Business Standard




Gujarat works towards declaring tourism as an industry - Business Standard




Guj govt gets UN Public Service Award - Business Standard




Centres for paramilitary training in Punjab - Business Standard




U'khand minister wants Centre to implement SAZ - Business Standard




UK universities eye students from smaller cities - Business Standard




AP sets 21 mt food production target for 2010-11 - Business Standard




Woman succumbs to H1N1 virus - Business Standard




Vizag port to allow barges in lighterage operations - Business Standard




CIL workers to oppose disinvestment: CITU - Business Standard




Another chimney crash in Balco; no casualties - Business Standard




Chhattisgarh to spend Rs 170 cr for roads in Naxal areas - Business Standard




State reaffirms commitment to Rs 2000 crore titanium project - Business Standard




PPSS re-erects barricades in Dhinkia - Business Standard




Opposition urges state to pull up AES - Business Standard




Orissa to go for real time monitoring of expenditure - Business Standard




Yeddyurappa may not ask lokayukta to withdraw resignation - Business Standard




Bankers, firms press for change in new public float rules - Business Standard




Bankers to take up fund crunch with RBI - Business Standard




House panel quizzes SBI on base rate - Business Standard




RBI may raise rates early if liquidity eases: Economists - Business Standard




BoR to forward merger proposal to RBI - Business Standard




ING sells 3.07% in Kotak Bank for Rs 801 crore - Business Standard




RBI keeps farm loan, export credit out of regime - Business Standard




Banks step up borrowings at repo window - Business Standard




CUB to raise up to Rs 300 cr via QIP - Business Standard




PNB aims at Rs 5,000 crore business from Kerala - Business Standard




Nedungadi share settlement after RBI approval - Business Standard




Bharati AXA eyes 70 per cent surge in turnover - Business Standard




Nabard sanctions Rs 283 cr to state - Business Standard




Aegon Religare Life bets big on North-East - Business Standard




India-gazing - Business Standard




Newsmaker: N Santosh Hegde - Business Standard




Faith without exemption - Business Standard




The other Justice Hegde - Business Standard




PNB: Next level of rationalisation - Business Standard




Godrej Properties: High-rise dreams - Business Standard




Michael Pinto: Port of no call - Business Standard




Jamal Mecklai: Don't cry for me, Maradona - Business Standard




Shyamal Majumdar: Privatise employment exchanges - Business Standard




Q&A: Uday Shankar, Chief Executive Officer, STAR India - Business Standard




Waiting for Wal-Mart - Business Standard




Couch communications - Business Standard




A minefield - Business Standard




Students on sale - Business Standard




Letters: Club of the doomed - Business Standard




Letters: The fear business - Business Standard




Q&A: T S Narayanaswami, MD & CEO, USE - Business Standard




A healthy dose for your investment portfolio - Business Standard




Where are the markets going? - Business Standard




Q&A: Vikram Kotak, Chief Investment Officer, Birla Sun Life - Business Standard




Insurance firms, Irda work on health cover transfers - Business Standard




Donors need to do more charity - Business Standard




A perfect shelter in growing demand - Business Standard




Bulk deals catch fancy as market situation improves - Business Standard




Upside of 5,500 a distant dream now - Business Standard




Debt Counselling: Sanjay Agarwal - Business Standard




Analysts' corner - Business Standard




Trading desk - Business Standard




Sensex falls 0.1%, RIL dips - Business Standard




Wheat stocks, storage crunch give FCI sleepless nights - Business Standard




Monsoon progress crucial to oilseeds sowing - Business Standard




Domestic demand makes up for lower coffee exports - Business Standard




Asean demand raises fish prices in India - Business Standard




Corn exports seen below 1 mt on poor crop quality - Business Standard




Govt may ease export curbs if monsoon good - Business Standard




Copper up, Japan output data helps - Business Standard




Rubber prices at all-time high of Rs 173.5/kg - Business Standard




Rice, soybean sowing slows as monsoon stalls - Business Standard




Raw silk production touches 19,600 tonnes - Business Standard




UPSE brokers feel left-out in Sebi Core Committee - Business Standard




Mills demand 60% customs duty on imported sugar - Business Standard




Google, YouTube defeat Viacom in copyright case - Business Standard




Fans scramble for Apple's iPhone upgrade - Business Standard




Fapcci to provide IT solutions to MSMEs in AP - Business Standard




Find the right solutions and become a smarter medium-sized business - Business Standard




After IIT and IIM, how about affordable spas? - DNA Money




What's in store for oil prices today? - DNA Money




RBI starts screen-based repo in two securities - DNA Money




Flaws in clinical trials show need for closer regulatory ties - DNA Money




Water presents a deluge of opportunity - DNA Money




GMR Infrastructure ties up funding for Hospet highway - DNA Money




As smokers rise, so does the anti-smoking mart - DNA Money




Korea's Kia Motors mulling Chennai plant - DNA Money




SBI eyes big surge in home loans - DNA Money




General Motors India to invest $100m for small light commercial vehicles - DNA Money




Reliance buys Eagle Ford shale project pie - DNA Money




China, India steeling up the marketplace - DNA Money




SME export rebound runs into Europe - DNA Money




Essar Shipping plans $250m FCCB issue - DNA Money




CESC Ltd may trim Haldia project size - DNA Money




Paraguay through after New Zealand draw - Financial Express




Slovakia win 3-2 to send holders Italy out - Financial Express




HCL Nadar doles out 580 cr for charity - Financial Express




Santorini: Cliffs, beaches and the sapphire sea - Financial Express




When booking summer airfares, rules are changing - Financial Express




KTDC unveils packages for NRKs - Financial Express




Sex and swingers don't mix well - Financial Express




The Oberoi Udaivilas, Udaipur presents Monsoon Yoga - Financial Express




Spa vacation at Oberoi Hotels & Resorts! - Financial Express




'Indians are the most ambitious workers' - Financial Express




Hyundai to launch Santa Fe in October - Financial Express




RBI classifies IDFC as infra finance company - Financial Express




Gold slips to Rs 18,747 per ten gram - Financial Express




FMC nod needed to trade in overseas commodities - Financial Express




Citibank inaugurates new branch premises in Ahmedabad - Financial Express




Dell announces Genuine Gainz initiative for channel partners - Financial Express




RIL buys 45 pct in US shale gas JV - Financial Express




Apple iPhone 4 makes grand debut - Financial Express




HC notice to SRCC on admission irregularities - Financial Express




IndiaMART ACMEE 2010 echoes 'Opportunity for Growth' for SMEs - Financial Express




Xilinx 7 Series FPGAs slash power consumption by 50 pct - Financial Express




New survey finds Airlines turning into retail powerhouses - Financial Express




Collabera, Panopticon to develop visual data analysis solutions for customers in US, UK - Financial Express




QAI Global Institute among Top 16 outsourced learning service providers - Financial Express




Andhra to host 6th eINDIA - Financial Express




India alters FDI stance in retail, defence? - Financial Express




'Maoist menace axes India coal output' - Financial Express

Dear sir,I like YR post current news & rumours in the mkt .Can you post news & rumours separetly. i cant distinguish which one is news and which one is rumours..

 

[praveen taneja]

Dear sir,I like YR post current news & rumours in the mkt .Can you post news & rumours separetly. i cant distinguish which one is news and which one is rumours..

Bro jo atchha lage wo apna lo jo bura lage use jaane do:lol:
actually in mkt rumours are short lived and soon become news so cant be easy to seperate them

 

[praveen taneja]

roumours = SOME BANKING LICENCE NEWS EXPECTED TODAY : WATCH IFCI / IDFC / MAGMAFIN / RELCAP / SREINFRA