Categories

Business Ideas
Business Opportunities
Corporate
Home Business
International Business
Management
Online Business
Public Company
Public Relations
Small Business

Popular Articles

F&O Outlook: Nifty to hit new high
The FIIs long build-up in the Nifty futures and short covering in stocks futures during the week ended November 13 augur well for the market. The Nifty expected to hit a new high in the coming week if it crosses a crucial resistance at 5,060. On the down side the 4,940 is healthy support and below that 4,860 is the crucial support level. The Nifty rose over four per cent during the week largely due to short covering from the foreign investors in Nifty futures and stocks futures.

Marginal decline in networth
The pre-Diwali rally fizzled out last week as markets players opted to book gains. However, in Smart Portfolios only Amar Ambani got into profit-taking mode. Ajay Parmar was the only other active fund manager with one trade on each side (buy & sell). On the other hand, Amar Ambani executed 12 trades, out of which 10 were on the sell side. He was a net seller of stocks worth Rs 3.65 lakh. Phani Sekhar and Praveen Panjwani continued to remain on the sidelines.

News of the day

Jet-Kingfisher pact yet to gather momentum: Goyal
Jet Airways Chairman Naresh Goyal said the strategic alliance forged almost a year ago between his company and Kingfisher Airlines has still not achieved tangible progress.
Public Company

Govt to soon resolve FDI norms in Indian banks

The issue concerning foreign ownership in Indian banks is currently under discussion among the finance ministry, commerce and industry ministry and the Reserve Bank of India (RBI) and is likely to be resolved soon. - Low bank credit growth won"t hit recovery: RBI - Core sector expands 5.3% in November - Govt may miss GST deadline: FM - "Break-even will be sooner than expected" - Akash Prakash: From uncertain to unstable markets">Akash Prakash: From uncertain to unstable markets - CD issues continue on rate rise talks “The matter is under active consultation and a final view to remove any ambiguity will be taken soon,” said Commerce and Industry minister Anand Sharma. This comes in the wake of the government’s effort to make the foreign direct investment (FDI) rules investor-friendly after it faced widespread criticism by introducing the new Press Notes 2, 3 and 4 in February, which dealt with direct and indirect foreign investment in Indian companies. Under the new norms, foreign capital inflows into a company, owned and controlled by resident Indians, or a company in which Indians have more than 50 per cent stake, will not be taken into account. But if non-resident entities hold majority stake in a company, then the entire investment in another company would be considered as indirect foreign investment.


Add your comment:
Name:
Site address: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):

© Copyright 2009