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Archive for November 8th, 2009

Under-construction properties to fetch best rewards

Property buying is usually done for two reasons, one for the fact that you need a roof over your head and the other one being investment. Why realty is good investment
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SBI MF becomes highest gainer, adds Rs 3,400 cr

SBI Mutual Fund emerged as the highest gainer in terms of monthly accretion with assets growing by about Rs 3,400 crore during October.
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PM pushes for reforms, says will exit stimulus next year

With a normal monsoon next year, we hope to achieve a growth rate of over 7 %,” PM Manmohan Singh said addressing the inaugural of the India Economic Summit organised by WEF and CII.
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Fannie Mae seeks claims worth $15.8 bn from Lehman

Battered mortgage lender Fannie Mae has sought claims to the tune of $15.8 billion from bankrupt Lehman Brothers, mainly related to derivatives contracts.
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Pak traders may bid for India’s rice import tender

According to industry experts, traders from Pakistan are expected to participate in the tender as the country has one million tonnes of surplus rice for exports. They may even bag the order as they sell rice at cheaper rates than Vietnam and Thailand.
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Encourage merger of small banks to create large ones: Assocham

Industry body Assocham has asked the government to encourage mergers of smaller banks to create larger ones in order to mitigate risks arising out of surge in non-performing assets.
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PM at the India economic summit says: To exit stimulus measures next year * The worst in economy is behind us * Govt better positioned to push through reforms * PM hopeful of over 7% growth next fiscal

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Taking Stock for 8 Nov 2009

Kartik Varma of iTrust Financial Advisors says that some fundamentals need to catch up with market valuations
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Ask Mint | On Investments

You may send in your stocks and mutual funds related queries to askmint@livemint.com
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Hotels: Occupancy up, but operating profit lags

Industry sources suggest that occupancy rates have increased since August from 55% to around 65% in key cities, due to improvement in corporate performance
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No limits on royalty may be bad news for shareholders

The existing policy allowed companies to pay for technology transfer a fee of $2 mn, and 5% royalty on domestic sales and 8% on exports
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Rediff hasn’t benefited from turnaround in ad spending

Its performance has been affected because of its decision late in the June quarter to remove all advertisements from its home page
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Top firms add Rs67k cr in market valuation last week

Mining giant NMDC added as much as Rs15,363.21 crore to its market cap in the reviewed week, taking its total market valuation to Rs1,34,165.45 crore
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बजेगी सीटी….दु:खी करने आ रहा है FBT!

जल्द ही FBT टैक्स नियमों का एलान संभव। इसका बोझ बजट 2009-10 में टैक्सेशन नियमों में बदलाव के बाद कंपनियों के बजाय एंप्लॉयीज के कंधों पर होगा…
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होम लोन में तोहफा, लेकिन ऑटो लोन पर झटका

SBI, PNB ने होम लोन की विशेष स्कीम की मियाद बढ़ाई जबकि निजी बैंकों ने ऑटो लोन की दरों में बढ़ोतरी की। SBI ने जमा दरों में भी 0.25 से 0.50%की कटौती की…
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एक चौथाई उड़ानें बंद कर सकती है एयर इंडिया..!

गंभीर वित्तीय संकट का सामना कर रही एयर इंडिया घाटे में चल रहे उड़ान मार्गों पर अपनी एक-चौथाई उड़ानें बंद कर सकती है…
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किंगफिशर और जेट एयरवेज ने फिर बढ़ाए किराए…

किंगफिशर एयरलाइंस और जेट एयरवेज ने शुक्रवार को फिर किराये में बढ़ोतरी कर दी। पिछले 12 महीनों में तीसरी बार दोनों विमान कंपनियों ने किराये में इजाफा किया है…
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MF स्कीमों से अक्टूबर में निकले 2,500 करोड़

म्यूचुअल फंड रजिस्ट्रार कार्वी के अनुमान के मुताबिक, इक्विटी म्यूचुअल फंड योजनाओं से अक्टूबर में 2,500 करोड़ रुपए निकाले गए हैं…
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‘इनोवेशन हब के तौर पर उभर सकता है भारत’

भारत के बिजनेस लीडरों को लगता है कि देश में आईटी, कम्युनिकेशन, टेलीकॉम, वित्तीय उत्पाद, कृषि, बायोटेक और जैसे क्षेत्रों में इनोवेशन की अपार संभावनाएं हैं…
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NRIs keen to buy properties in India

There chief reason for NRIs to buy property in India is the fact that they eventually would like to settle here. Under-construction properties fetch best rewards
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