Monday, May 3, 2010



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Some respite for Sugar companies?

Posted: 03 May 2010 08:19 PM PDT

Some respite could be in store for sugar companies as per the latest development.. The government will consider reinstating the tax (Import Duty) after assessing cane production, said Pawar View Market hour calls ...

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Ulips set to get a makeover

Posted: 03 May 2010 08:12 PM PDT

The move is being seen as an attempt to silence Irda’s critics, including the Securities and Exchange Board of India which has termed unit-linked insurance plans (Ulips) as investment schemes, since in some products the risk cover is limited to 2 per cent of the premium. For sta...

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Intraday calls for 04-05-10

Posted: 03 May 2010 07:52 PM PDT

Markets likely to see a flat opening. Support for nifty is at 5200 and resistance at 5320. Buy Hyderabad Industries Ltd at 667.70, target: 684. Stoploss: 658 View Market hour calls ...

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NYSE sells 5% stake in NSE to Temasek

Posted: 03 May 2010 10:08 AM PDT

MUMBAI: US-based stock exchange NYSE today announced selling its five per cent stake in India’s top bourse NSE to Singapore government’s investment arm Temasek. The deal marks exit of New York Stock Exchange from National Stock Exchange and Temasek’s entry as shareholde...

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Satluj Jal Vidyut Nigam IPO subscribed 6.5 times

Posted: 03 May 2010 10:05 AM PDT

SJVNL, which is planning to raise about Rs12bn via the IPO, has fixed a price band of Rs23-26 per share. The IPO of Satluj Jal Vidyut Nigam Ltd. (SJVNL) was subscribed 6.48 times as of 5:00 pm today, the last day for subscription, according to the NSE web site. The public sector hydro-p...

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SJVNL IPO subscribed 1.16 times on final day

Posted: 03 May 2010 10:01 AM PDT

The Rs 1,000-crore initial share sale offer of state-run hydro power producer SJVNL, which is the first public issue of a PSU in the current fiscal, has received good response from investors and got subscribed 1.16 times on its final day today. The initial public offer (IPO) got bids fo...

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