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DSP ML Fund Managers signs agreement with South Indian Bank

Posted on: Thursday, June 12th 2008 and is filed under Press Releases.

DSP Merrill Lynch Fund Managers and South Indian Bank today announced a strategic partnership for distribution of products. South Indian Bank will distribute DSP Merrill Lynch Mutual Fund schemes through its selected branches spread across the country. Mr.Cheryan Varkey, Chief General Ma...

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Renaissance’s net profit up 32% to Rs 33.62cr

Posted on: Thursday, June 12th 2008 and is filed under Press Releases.

Renaissance Jewellery Ltd., manufacturers and exporters of studded precious metal jewellery, posted substantial profits for the final quarter of the 2008 fiscal.The company’s consolidated Net Sales for FY08 stands at Rs 595.68 crores, as against Rs 443.75 crores last year, a hop of ...

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ABG Shipyard bags 2 order worth Rs 305 crores

Posted on: Thursday, June 12th 2008 and is filed under Press Releases.

ABG Shipyard Ltd, the country’s largest shipyard has bagged two prestigious orders worth Rs. 305 rores.Marnavi Spa is a Shipping Company operating on the World Chemical Product and Food Stuff Transportation market. The Company owns a total fleet of 27 ships consisting of Petrochemic...

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Bajaj Allianz Life collaborates with Thomas Cook India

Posted on: Thursday, June 12th 2008 and is filed under Press Releases.

Thomas Cook, India’s largest provider of integrated travel solutions will now offer life insurance solutions of Bajaj Allianz Life Insurance, one of the leading private sector life insurance companies in India through its distribution network of 160 retail branches across the country. ...

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HCL Digilife chain becomes the most awarded retail chain

Posted on: Thursday, June 12th 2008 and is filed under Press Releases.

HCL Infosystems Limited, India’s premier information enabler and country’s leading ICT system integrator and Distribution Company proudly announces its retail initiative HCL Digilife Stores as the youngest and most awarded retail chain for the year 2007-08, having won as many ...

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TATA Agrico ties up with TATA BP Solar

Posted on: Thursday, June 12th 2008 and is filed under Press Releases.

TATA Agrico, a division of Tata Steel entered into an agreement with TATA BP Solar for distributing the solar products of the latter, primarily in the rural hinterland of India. This initiative is primarily aimed at targeting consumers who are deprived of regular electricity supplies owi...

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Arch Pharmalabs acquires stake in Benzochem Lifesciences

Posted on: Thursday, June 12th 2008 and is filed under Press Releases.

Arch Pharmalabs limited, a pharmaceutical major operating in the API and Intermediates business today announced the acquisition of a majority stake in Benzochem Lifesciences Pvt. Limited for an undisclosed amount. Benzochem Lifesciences Pvt. Limited is a privately held company, engaged i...

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IFGL acquires Hofmann Ceramic of Germany

Posted on: Thursday, June 12th 2008 and is filed under Press Releases.

IFGL Refractories Ltd (IFGL) has entered into an in-principle agreement for purchase of 96.16% of the share capital of Hofmann Ceramic GmbH, Germany (including subsidiaries, namely, Hofmann Ceramic CZ, Czech Republic and Hofmann Ceramics Ltd, UK) and 100% of the Capital contribution of ...

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Inflation-hit RBI raises repo rate by 25 bps

Posted on: Thursday, June 12th 2008 and is filed under Press Releases.

MUMBAI: Bankers were expecting it, markets had anticipated it and on Wednesday, the Reserve Bank of India acted on the inevitable as it hiked the repo rate, or the rate at which it lends funds to banks, by 25 basis points to 8%. The first repo hike in 15 months comes exactly a week after...

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Intraday calls for 12-06-08

Posted on: Thursday, June 12th 2008 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to remain weak. Short sell Infosys below 1900. Stoploss: 1904 If markets show signs of recovery later during the day buy Reliance Capital and Lanco Infra. ...

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