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Market Information

FM’s plan could bring Rs 1,52,519 cr to D-street

Posted on: August 2nd 2009 in Market News.

NEW DELHI: The finance minister Pranab Mukherjee’s Budget proposal to deepen markets by bringing promoters’ stake in listed companies below 75% may leave markets dealing with a flood of equity issuances. If the proposal comes through, listed companies could be expected to rai…

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Pre-budget rally can extend upto 4,900-5,000: IL&FS

Posted on: June 10th 2009 in Press Releases.

Vibhav Kapoor, IL&FS: Despite valuations looking stretched, the momentum is too strong backed by buying interest from foreign investors. A pre-budget rally can get extended on the Nifty upto 4,900-5,000. Satyam looks good post unaudited numbers. Focus is likely to be back on large ca…

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Pranab’s interview as FM: Budget by July 1st week

Posted on: May 26th 2009 in Press Releases.

Finance Minister Pranab Mukherjee, in an interview to CNBC TV18, said that although maintaining fiscal and growth prudence were both priorities for the government, in current times, growth had to assume higher significance. He was speaking exclusively to CNBC-TV18’s Udayan Mukherjee…

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Budget will bear pressure of stimulus: RBI governor

Posted on: May 24th 2009 in Press Releases.

MUMBAI: Delivering the keynote address at The Financial Management Summit ’09 hosted by The Economic Times, Reserve Bank of India Governor Dr Duvvuri Subbarao said the crisis emerging from the global recession has been the worst ever in his time. Under such a scenario, stimulus packag…

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