NEW DELHI: At a time when companies are finding it hard to raise capital to fund their projects due to the global slowdown, thugs in India have successfully steered clear of the recessionary spiral. Beating global meltdown fears, they have cashed in on the ignorance of gullible investors…

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NEW DELHI: In an apparent attempt to put money into the pockets of the salaried class, finance minister Pranab Mukherjee may bring back standard deduction on income tax when he presents the Budget. In order to provide relief to the salaried class, the government may prefer the route of r…

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NEW DELHI: Investors who moved towards larger fund houses in search of safety have been badly bruised as smaller fund houses have given more value to customers than the bigger ones in some categories. When equity markets were heading south last year, investors flocked towards the larger …

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UTI Asset Management Company today said it has unveiled “UTI Top 100 fund” that offers”more flexibility”to investors. The Top 100 Fund, was a combination of the UTI Index Select Fund and the UTI Master Growth Fund which the company launched, a decade back. Stating…

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NEW DELHI: Home sales have picked up in select Indian markets over the past couple of months, but analysts warn that prices may not have bottomed out yet as developers are sitting on a huge inventory. Markets such as Delhi National Capital Region (NCR), including Delhi and surrounding ar…

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We said ‘Technically the trend is still intact up and there is still no sign of weakness witnessed on the charts as yet and the market seems to be looking up. The next logical technical target in the days to come is 16046 but as it climbs up the market is setting itself up for a reactio…

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MUMBAI: The buoyant sentiment in the secondary market is having a rub-off effect on the activity in unlisted stocks. Oil India, BSE, Orissa Mineral, DSE, Sistema Shyam Tele are some such stocks, which are seeing renewed trading interest. Most of these are IPO-bound companies, whose plans…

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Sharekhan has recommended a buy rating on Tata Tea with a target price of Rs 853 in its June 10, 2009 research report. “Tata Tea’s Q4FY2009 numbers (derived from FY2009 and M9FY2009 numbers) are below our expectations. The top line grew by 9.4% year on year (yoy) to Rs 1,226.1 c…

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Trades between FIIs generated a volume of Rs 32 crore on the BSE Friday-an increase of 44.16% from Rs 22 crore clocked on Thursday. As many as five stocks witnessed trades of 11 lakh shares on Friday.Pantaloon Retail (India) was traded at highest premium of 7.81% on BSE with 12,184 shares…

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HONG KONG/MUMBAI: While investors hope that consumer spending growth in China will eventually balance its export dependence, in the short term it is India that presents more opportunity. Economists crow over the long-term domestic growth prospects in both emerging Asian giants, which is …

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