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Pokarna partially redeems zero coupon foreign currency convertible bonds
May 16, 2013 at 15:20 | Source: Moneycontrol.com
Pokarna had issued Zero Coupon Foreign Currency Convertible Bonds aggregating to USD 12 ms in March 2007 which was due for redemption on March 29, 2012. The company has on May 15, 2013 paid for redemption of 3762 units constituting a total face value of USD 3.762 millions by utilizing External Commercial Borrowing availed from Union Bank of India.
Short public sector banks, says Sukhani
May 14, 2013 at 11:49 | Source: CNBC-TV18
One can short public sector banks, says Sudarshan Sukhani of s2analytics.com. Union Bank of India had a very nice and smart rally and then together with the banking stocks, it was falling while the Nifty was making these new highs for the year, he adds.
Market trend choppy; sell Nifty on rallies: Sukhani
May 14, 2013 at 08:59 | Source: CNBC-TV18
Sudarshan Sukhani suggests to short Nifty on rallies today. He cautions that the market trend is likely to remain choppy and the intermediate uptrend is over. He expects market to consolidate.
India's cheap food plans to cost more than budgeted
May 13, 2013 at 21:03 | Source: Reuters
India's plan to give millions more people cheap food will cost more than its forecast of Rs 1.3 trillion (USD 23.8 billion) a year and will accelerate inflation, a leading adviser on food issues for the government said in an interview.
See non performing loans stabilising for PSU banks: Bhoumik
May 13, 2013 at 17:11 | Source: CNBC-TV18
Ananda Bhoumik, India Ratings & Research is of the view that the NPL for PSU banks may see a peak in March or June and then a gradual reduction thereafter.
Accumulate Corporation Bank, Union Bank: Angel Broking
May 13, 2013 at 16:03 | Source: Moneycontrol.com
Brokerage house Angel Broking is bullish on Corporation Bank and Union Bank of India (UBI). The research firm has recommended 'Accumulate' rating on both stocks with a price target of Rs 453 and Rs 264 respectively in its report dated May 10, 2013.

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Short public sector banks, says Sukhani
Market trend choppy; sell Nifty on rallies: Sukhani
See non performing loans stabilising for PSU banks: Bhoumik
Buy Union Bank, stoploss below Rs 240: Mohindar
Union Bank Q4: Analysts see 15% PAT de-growth at Rs 657 cr
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Dilute GAAR and scrap barriers for M As
By Ketan Dalal, Joint Leader for Tax and Regulatory Services at PwC India Union Budget presented in Parliament on March 16, 2012, contains certain far-reaching provisions that will have a major impac...
Apr 28, 2012 at 11:01 | Source: Economic Times
Govt to make overseas assets disclosure mandatory - Rediff.com Business
Mandatory reporting of assets held by individuals abroad and re-opening of I-T return filings up to 16 years are among the steps being proposed by the government to tackle the menace of black money. "...
Mar 16, 2012 at 18:34 | Source: Money Rediff News Report
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