MF transactions will now cost more |
- MF transactions will now cost more
- PNB agrees to pick 30% in MetLife India
- Takeover boost for hostile bidders
- India, EU ink deal to end drug seizure for now
- ONGC net up 12% despite higher subsidy
- Panasonic sells Sanyo unit to Haier
- Sebi goes for big-bang reforms, makes it easier to take over companies
- Overall food inflation down; fruits, milk still dear
- E-filing of I-T returns: It's so simple!
- Corporation Bank profit up by 5.29%
- Rupee ends one paise up against dollar
- Sensex falls further by 223pts on interest hike
- HSBC may cut more than 10,000 jobs: Report
- Maruti Suzuki workers go on strike again
- Food inflation at 20-month low of 7.33%
- Rupee down by 5 paise against US dollar
- Ford announces new $1bn plant in India
- Sensex sheds 177 points in opening trade
| MF transactions will now cost more Posted: 28 Jul 2011 12:59 PM PDT Get ready to pay Rs 150 as transaction charge while making investments in excess of Rs 10,000 a year in a mutual fund (MF) through a new folio or account. 
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| PNB agrees to pick 30% in MetLife India Posted: 28 Jul 2011 12:57 PM PDT Punjab National Bank has agreed to pick up a 30% stake in MetLife India which will make it the single largest shareholder in the private insurance company. 
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| Takeover boost for hostile bidders Posted: 28 Jul 2011 12:56 PM PDT Indian companies, which traditionally have low promoter holding, will be vulnerable to takeovers under the revamped Sebi guidelines. 
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| India, EU ink deal to end drug seizure for now Posted: 28 Jul 2011 12:51 PM PDT India and the European Union have reached an interim settlement to ensure that none of the 27 members of the economic and trading bloc will detain 'Made in India' consignments of generic medicines, which are transiting through Europe. 
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| ONGC net up 12% despite higher subsidy Posted: 28 Jul 2011 12:41 PM PDT Flagship explorer Oil and Natural Gas Corporation on Thursday reported a near-12% rise in its net profit at Rs 4,095 crore in the quarter ended June 30, even though its fuel subsidy outgo more than doubled during this period. 
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| Panasonic sells Sanyo unit to Haier Posted: 28 Jul 2011 12:39 PM PDT Panasonic said on Thursday that it has agreed to sell its Sanyo brand washing machine and refrigerator business in Japan and Southeast Asia to Chinese rival Haier. 
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| Sebi goes for big-bang reforms, makes it easier to take over companies Posted: 28 Jul 2011 11:52 AM PDT Sebi has announced a slew of measures for the market, making it easier to acquire a company and helping mutual funds get more retail investors. 
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| Overall food inflation down; fruits, milk still dear Posted: 28 Jul 2011 10:10 AM PDT Cheaper pulses pulled down food inflation to its lowest in 20 months at 7.33 per cent for the week ended July 16 even as prices of potatoes, onions, fruits and milk hit the household budgets. 
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| E-filing of I-T returns: It's so simple! Posted: 28 Jul 2011 08:45 AM PDT You have just three more days to file your income-tax returns. 
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| Corporation Bank profit up by 5.29% Posted: 28 Jul 2011 08:20 AM PDT City based Corporation Bank has registered a 5.29% increase in its net profit for the quarter ended June 2011. 
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| Rupee ends one paise up against dollar Posted: 28 Jul 2011 06:00 AM PDT In a see-saw trade, the rupee settled just one paisa up at 44.07/08 against the dollar on alternate bouts of buying and selling, stretching its gains for the third straight day. 
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| Sensex falls further by 223pts on interest hike Posted: 28 Jul 2011 04:30 AM PDT The Sensex on Thursday fell for the third consecutive session and closed 223 points down at 18,209.52, in the wake of latest interest rate hike by the RBI. 
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| HSBC may cut more than 10,000 jobs: Report Posted: 28 Jul 2011 03:09 AM PDT Banking group HSBC Holdings Plc may cut more than 10,000 jobs as part of its plan to slash costs by up to $3.5 billion a year, Sky News reported on Thursday. 
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| Maruti Suzuki workers go on strike again Posted: 28 Jul 2011 03:00 AM PDT Just over a month after they called off a 13-day-long stir that resulted in a loss of about Rs 630 crore, workers at Maruti Suzuki India's Manesar plant went on strike again this afternoon. 
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| Food inflation at 20-month low of 7.33% Posted: 28 Jul 2011 02:32 AM PDT Food inflation fell to its lowest level in 20 months at 7.33 per cent for the week ended July 16 on the back of cheaper pulses, even as other items grew more expensive. 
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| Rupee down by 5 paise against US dollar Posted: 27 Jul 2011 11:05 PM PDT The Indian rupee, which nearly hit a three-year high in yesterday's trade, lost 5 paise to Rs 44.13 per US dollar in early trade on the Interbank Foreign Exchange today, weighed down by dollar gains against other currencies overseas and a weak trend in the stock market. 
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| Ford announces new $1bn plant in India Posted: 27 Jul 2011 11:02 PM PDT US auto giant Ford said Thursday it would invest $1 billion to build a vehicle assembly and engine plant in India as it ramps up production to exploit the country's burgeoning car market. 
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| Sensex sheds 177 points in opening trade Posted: 27 Jul 2011 09:21 PM PDT Plummeting for the third straight session, the BSE benchmark Sensex lost nearly 177 points in opening trade today in the wake of the latest 50 basis points short-term lending rate hike by the RBI, amid fears of even further monetary tightening to rein in inflation. 
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