co-presented by
ASSOCIATE SPONSORS
co-presented by
ASSOCIATE SPONSORS
In the US markets, stocks ended up nearly a percent or more as investors flocked to stocks, pushing the market to new two-year highs on the first trading day of the year. The S&P 500 closed at its highest levels since September.
The Dow Jones Industrial Average ended up 93 points at 11671. The Nasdaq Composite was up 39 points at 2691.5 and S&P 500 up 14 points at 1272.
Market regulator SEBI has moved the Supreme Court against a High Court order staying the Securities and Exchange Board of India's ban on a Sahara Group firm to raise funds from the public.
There could be some reprieve for microfinance institutions. Banks have agreed to reschedule loans given to MFIs only after these companies decide to reschedule loans given to poor borrowers.
ICICI Bank has increased its base rate by 0.50% and prime lending rate by 0.25%.
SBI has revised the Benchmark Prime Lending rate upwards by 25 bps from 12.50% p.a. to 12.75% p.a. effective from January 03, 2011.
Amtek India has approved the payment of dividend at 20% on the face value of Rs 2 per share i.e Rs 0.40 per share.
Dabur wholly owned subsidiary, Dermoviva Skin Essentials Inc. has completed the acquisition process by acquiring 100% stake in Namaste Group, US.
Unicon Investment is bullish on Jindal Poly Films (JPFL) and has recommended accumulate rating on the stock with a target of Rs 620 in its December 31, 2010 research report.
RBI makes Public the Engagement Schedule of its Top Executives
Networth Stock Broking is bullish on PIX Transmission and has recommended buy rating on the stock with a target of Rs 165 in its January 3, 2011 research report.
Sushil Finance is bullish on HiTech Gears (HGL) and has recommended accumulate rating on the stock with a target of Rs 150 in its January 3, 2011 research report.
Government of India announce the sale of three dated securities for ` 11,000 crore on January 7, 2011
KRChoksey is bullish on Union Bank of India and has recommended buy rating on the stock with a target of Rs 391 in its January 3, 2011 research report.
Further to RBI Press Release dated December 16, 2010, wherein it was stated that the Reserve Bank of India would conduct OMO purchase auctions of Rs 12,000 crore every week for four weeks starting with the week ending December 24, 2010
The verdict is clear. Technology and IT sector continue to be an all time favourite of venture capital firms, if the list of top VC investments in 2010 is a pointer.
After an extremely difficult 2009 where LPs tightened their purse strings following the global equity markets crash, fund raising climate improved significantly in 2010. Read on to know more about the fund-raising trail, as per data sourced from VCCedge.
Second Liquidity Adjustment Facility : Auction Results
IIFL has come out with a report on Auto sector for December, 2010 in its research report.
2010 will perhaps be defined as a record year in people trends in the Indian venture capital and private equity universe. The most dominant trend in 2010 was star private equity professionals quitting their jobs to go solo by setting up their own independent investment management outfits.
Garware Offshore Services at its Meeting held on January 03, 2011 has declared 2nd interim dividend at 7% i.e Re 0.70 per share of Rs 10 each.
One of India's leading print media businesses Lokmat Media has proposed to tap the capital market for funding its expansion plan. It has filed draft red herring prospectus (DRHP) with the SEBI for public issue of 13,829,064 equity shares.
HTC To Enter The Tablet Market With Scribe
Kiri Dyes and Chemicals was up 0.36% or Rs 1.80 to close at Rs 501.05. It touched an intraday high of Rs 507 and an intraday low of Rs 492. The stock has gained 49.41% in 15 days.
Just like Tendulkar having a lean patch doesn’t make him a lesser batsman, don’t get swayed by a three or six month performance number of funds.
