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Property prices to rise in a year, then correct: NHB

Posted on: January 5th, 2011 and is filed under Press Releases.

Housing regulator, National Housing Bank (NHB), which is awaiting $500 million loan from the World Bank for low cost housing, today said property prices would rise in the next one year, but that would result in correction in these rates in all the metros subsequently. “In the next …

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Not involved in kickbacks-for-loans scam: DB Realty

Posted on: January 4th, 2011 and is filed under Market News.

New Delhi: Real estate firm DB Realty today denied any involvement in the kickbacks-for-loans scam unearthed at LIC Housing Finance, asserting that it followed the rules and is willing to help the CBI in the investigation process. “DB Realty has followed the rule of the law in rais…

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Hero Group executive arrested in Citi fraud

Posted on: January 4th, 2011 and is filed under Press Releases.

Police say Sanjay Gupta helped invest Hero funds in scam In a dramatic turn to the multi-crore Citibank financial fraud, the Gurgaon police today arrested Sanjay Gupta, associate vice-president of Hero Corporate Services, on charges of forging documents and criminal conspiracy.Three days…

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MOIL to replace Koutons in BSE 500

Posted on: January 3rd, 2011 and is filed under Stock News.

The Bombay Stock Exchange said on Monday it has added MOIL Ltd and Jubilant Lifesciences to the BSE-500 index while removing Gati Ltd and Koutons. It has removed 12 companies from the BSE Mid-Cap index and added 22 companies to it including SKS Microfinance, A2Z Maintenance and ABG Shipy…

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Happy New Year – 2011

Posted on: January 1st, 2011 and is filed under Market News.

NSEGuide team wishes you, your family and friends a very happy and a Prosperous new year. Your New Year Resolutions must be ready by now. Hope you have also made some about your investments. If not….. then lets resolve to – Have a clear financial goal – something that is tru…

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Wall Street edges higher at open on 2011 optimism

Posted on: December 30th, 2010 and is filed under Market News.

NEW YORK: U.S. stocks opened modestly higher on Wednesday, indicating stocks were on track to extend a December rally as investors remained bullish about the prospects of a global economic rebound in 2011. The Dow Jones industrial average was up 12.71 points, or 0.11 per cent, at 11,588….

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Punjab sind IPO to list on 30th Dec’10

Posted on: December 29th, 2010 and is filed under IPO Views.

Incorporated in 1908, Punjab & Sind Bank is a Government of India (GoI) undertaking bank started in Amritsar. They were one of the six banks nationalized by the Government of India in April 1980, and today, they are one of 19 nationalized banks in India. It was oversubscribed by 50…

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BHSIL to stop trading from Dec 30

Posted on: December 27th, 2010 and is filed under Stock News.

Shares of Bajaj Hindusthan Sugar & Industries (BHSIL) will stop trading on the bourse from December 30 as the company will be merged with another group firm Bajaj Hindusthan. “Trading in the equity shares of BHSIL shall be suspended with effect from December 30, 2010, on accou…

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Big stocks didn’t guarantee big returns in 2010

Posted on: December 26th, 2010 and is filed under Market News.

Big names like the Ambanis, Tatas and Mittals do not necessarily mean big returns and small names come with much bigger risks — this could well be the big lesson the stock market taught investors in 2010. As the year draws to a close, the overall impression given by the market thro…

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