Monday, April 4, 2011

Dividend yield funds shine in volatile market

Dividend yield funds shine in volatile market


Dividend yield funds shine in volatile market

Posted: 04 Apr 2011 02:59 PM PDT

Dividend yield mutual funds, which invest in high dividend paying stocks and companies with better cash flows, have managed to tide over the market volatility and have delivered good returns in the last fiscal.


US forces Germany to stop Indian oil payments to Iran

Posted: 04 Apr 2011 02:58 PM PDT

India is exploring paying for crude oil it buys from Iran in rupee after the US forced Germany to stop routing payments through a Hamburg-based bank.

Vodafone exits France’s SFR

Posted: 04 Apr 2011 02:57 PM PDT

Vodafone's exit from France's SFR marks another step in the revamp of its portfolio and reflects how Europe's telecom giants are ditching weaker assets to achieve scale elsewhere ahead of a wave of big investments.


High interest rate regime over

Posted: 04 Apr 2011 02:53 PM PDT

Good news for potential home and car buyers. Bankers said that lending rates have peaked and they may not go up further. That holds true for deposit rates too.

Zuma’s quest for India ties threatens SA’s power supply

Posted: 04 Apr 2011 02:42 PM PDT

South African President Jacob Zuma has forecast a "great future" for relations with India as he pushes for a partnership with one of the world's fastest-growing economies. Side effects for his country may include higher inflation and a power crisis.


Indirect tax collection rises 39% in FY11

Posted: 04 Apr 2011 02:35 PM PDT

Despite a slowdown in industrial output, there has been buoyancy in indirect tax receipts with the total collection registering a growth of 39% in 2010-11 over the previous year.

Fortis arm buys unit of Lanka hospital

Posted: 04 Apr 2011 02:33 PM PDT

Fortis Malar Hospitals on Monday said it has taken over operations and management of cardiac centre at 170-bed Oasis Hospitals in Sri Lanka. Fortis Malar Hospitals, which is a subsidiary of Fortis Healthcare (India) did not give any details of the financial involved.


Top jobs at PSU banks lie vacant

Posted: 04 Apr 2011 02:24 PM PDT

State Bank of India, the country's largest lender, is not the only bank to have a near empty top deck.

Mishap claims hit insurers hard

Posted: 04 Apr 2011 12:43 PM PDT

CEOs of non-life insurance companies met with the Insurance Regulatory and Development Authority on the first day of the new fiscal seeking the regulator's intervention to plug losses arising out of compensation claims from accident victims.


Brand: Filmstars safer bets than cricketers

Posted: 04 Apr 2011 12:41 PM PDT

The historic win of Team India against Sri Lanka in the World Cup finals may have catapulted the Men in Blue to a different level as far as their brand equity goes but they still lack the reliability factor which Bollywood stars offer to brands.

Idea may sell stake, in discussions with companies

Posted: 04 Apr 2011 10:29 AM PDT

Even as the battle over Spice acquisition continues, the Aditya Birla group firm Idea Cellular is believed to be in talks with global telecom operators to sell its stake in the company.


BP sells aluminum unit amid drilling reports

Posted: 04 Apr 2011 05:02 AM PDT

BP announced on Monday that it is selling its Arco Aluminum subsidiary to a Japanese consortium for $680 million, but declined to comment on reports - denied by US authorities - that it is about to restart drilling in the Gulf of Mexico.


Sensex moves up 281pts to 3-month high

Posted: 04 Apr 2011 04:29 AM PDT

The BSE benchmark sensex on Monday rose to 3-month high at over 19,701, up about 281 points on brisk buying in fundamentally strong stocks on expectations of good fourth quarter earnings and a firm global trend.


Sensex up 75pts on strong FII buying

Posted: 03 Apr 2011 10:36 PM PDT

The BSE benchmark Sensex firmed up by 75 points in early trade on Monday on persistent buying in select counters.


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