Showing posts with label equity tips provider. Show all posts
TOP CORPORATE NEWS 15 September 2014
·
Yes Bank falls further, FIIs need
RBI nod to buy shares
Shares of
Yes Bank declined further to 4% after the Reserve Bank of India on Friday said
the foreign investors will need RBI's approval to buy additional equity in the
private sector lender.
·
LIC Housing to focus on high
yielding products
LIC Housing
Finance Ltd expects margins to improve led by reduction in its borrowings from
the banks and focus on high yielding loans like loan against properties.
·
RIL's $10 billion investment
depends on government approval
Reliance
Industries $10 billion investment in new fields off the east coast depends on
the government approving acceptable gas price, says its partner in KG D6 basin,
Niko Resources during its annual general meeting.
·
Mastek up 15%, to merge insurance
products & services biz
Shares of Mastek are
roaring with hefty gains after it announced demerger of the insurance products
and services business into a separate listed company.
INDIAN BENCHMARK open lower, amid weak global cues,
INDIAN BENCHMARK open lower, amid weak global cues, as weak industrial
growth in July is likely to weigh on investor sentiment. Inflation data based on wholesale price index (WPI) for August to be
released later today.
FURTHER, SAIL will be in under
pressure after the process for the 5% stake sale by the government will
commence this week. Lupin Ltd has entered into an agreement with US-based
Salix Pharmaceuticals to market gastrointestinal drugs in Canada.
Trend in FII flows: The FIIs
were net buyers of Rs 192cr in the cash segment on Friday while the DIIs
were net sellers of Rs. 208cr, as per the provisional figures released by
the NSE.
TOP CORPORATE NEWS 09 September 2014
·
Apollo Tyres at record high, to
set up new plant in Hungary
Shares of
Apollo Tyres is setting up a new plant in Hungary at an investment of Rs 3,450
crore and the investment aid given by the country's government has been cleared
by European Commission.
·
Tyre stocks gain as weak rubber,
oil prices to boost margins
Shares of
tyre companies were up 1-3% as lower raw material costs on account of weak
natural rubber and declining crude oil prices would boost margins going
forward.
·
Shares of five new F&O
entrants gain
Share prices of five new
entrants to the future and options (F&O) segment gained. NSE through a
circular said that F&O contracts on Eicher Motors, Motherson Sumi, SKS
Microfinance, Mindtree and TVS Motor would be available starting September 10,
2014.
·
Indusind Bank expands presence
across New Delhi
Indusind
Bank Ltd has opened a new branch across New Delhi. The Bank plans to further
strengthen its presence and customer reach in the country’s capital with more
branches in the coming quarters.
