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Credit Card Charges : Know more and be Safe from Debt

Credit Card Charges : Know more and be Safe from Debt

Credit card gives you the ease to shop anywhere and everywhere with minimal hassle. It helps you buy big and lets you pay later, with a one-month grace period. But not understanding the terms and conditions in a credit card - like the interest and other charges levied by card companies ...

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Mobile trading gets green signal, bourses to set up systems soon

Mobile trading gets green signal, bourses to set up systems soon

The stock market will be in your hands, literally. The Securities and Exchange Board of India (Sebi), India’s capital markets regulator, on Friday approved trading in shares through mobile phones, in an attempt to encourage wider and easier participation of investors. The step has the potential to increase stock market trading activity ...

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RCOM in talks with Motorola, HP, Intel for 3G tie-up

Reliance Communications is planning to rope in strategic partners for its infrastructure and technology innovation unit for 3G mobile business, and is in discussions with global players like Motorola and HP. Sources said that discussions are also being held with likes of Intel and Sony. RCOM, Anil Ambani group's telecom arm, ...

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Maruti Suzuki launches limited edition of Swift

Maruti Suzuki launches limited edition of Swift

Maruti Suzuki India, country`s largest car manufacturer today launched limited edition of Swift, the iconic premium small car brand. The limited edition car is branded - `Swift one million edition`. The `Swift one million edition` is available in Vi version (petrol) at a price of Rs 4,83,079 (ex-showroom, Delhi). Only 1,000 units ...

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What to do in Case of Banking Harassment - Recovery

What to do in Case of Banking Harassment - Recovery

These guidelines are important since I know many people who have lost many nights of sleep thanks to threats from recovery agents. The RBI holds that all banks/ NBFCs are responsible not only for their own actions but also those of their agents, that is, Distributed Multi-Agent System/ franchisees/ agents. These agents ...

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Adani buys Linc Energy’s coal mines for Rs 12,600cr

Adani buys Linc Energy’s coal mines for Rs 12,600cr

In one of the largest coal mines deals by an Indian group, Adani Enterprises on Tuesday bought the Australia-based Linc Energy's coal assets for about Rs 12,600 crore in a cash and royalty deal. The Adani Group, which has interests sectors as varied as power and ports among others, inked the ...

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Anil Ambani gets Sebi notice on R-Infra, RNRL

Anil Ambani gets Sebi notice on R-Infra, RNRL

Capital market regulator Securities and Exchange Board of India (Sebi) has asked Anil Ambani, two companies that he heads and four executives belonging to the group for explanations over what it referred to as “certain dealings”, without elaborating. The show cause notices have been issued in connection with stock market transactions ...

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Top 5 options to save for a rainy day

Top 5 options to save for a rainy day

THE interest rates are rising. It is good news for some - those who look at making deposits; bad news for some – those who are looking at taking loans. Savings however have to be channelled carefully so that the maximum can be gained from the deposits. Here are the ...

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Zydus Wellness –Hold- Sharekhan

Zydus Wellness –Hold- Sharekhan

The net sales grew by 36.1% year on year (yoy) to Rs87.3 crore (ahead of our expectation of Rs80.2 crore) on the back of the strong performance of the company’s pillar brands (Sugar Free, Everyuth and Nutralite) and the new variants recently launched. Sugar Free continues to dominate the market while ...

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Recent Posts

Shravin Bharti Mittal joins AIRTEL

in Stock-News

Shravin Bharti Mittal, son of Sunil Bharti Mittal, the founder and chair of Bharti Airtel Ltd., joined India’s largest mobile phone company as a manager at Bharti Airtel International (Netherlands) B.V., the holding company of the firm’s international business. Shravin Mittal, a graduate from the University of Bath in the U.K. who has a twin [...]

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TCS –Accumulate- Angel Securites

in Broker tips

TCS’s UK-based subsidiary Diligenta, which provides BPO services to the UK life and pension sectors, has won new contracts from the Phoenix Group and Old Mutual International. The new contract with the Phoenix Group is an extension by another six years till 2018. Both the Phoenix Group and Old Mutual International contracts are expected to [...]

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Patels Airtemp India –Buy- Sharekhan

Broker tips

Patels Airtemp’s Q1FY2011 results showed top line having increased by 8.2% y-o-y to Rs16.6 crore. Conventionally, the first quarter is a sluggish quarter. The operating profit margin (OPM) improved by 430 basis points y-o-y to 22.2% in Q1FY2011 from 17.9% in the corresponding quarter of last year. This was mainly due to increased manufacturing capacities, [...]

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Bajaj Electricals –Neutral- Angel Securities

Broker tips

Bajaj Electricals has bagged three orders worth Rs408 crore in the engineering and procurement (E&P) division. The largest order is worth Rs324 crore for its transmission line towers (TLT) business, which is to be executed over the next two years. The second order is worth Rs61.5 crore for rural electrification in Chhindwara, Madhya Pradesh, which [...]

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Credit Card Charges : Know more and be Safe from Debt

Credit Card

Credit card gives you the ease to shop anywhere and everywhere with minimal hassle. It helps you buy big and lets you pay later, with a one-month grace period. But not understanding the terms and conditions in a credit card – like the interest and other charges levied by card companies – could leave you [...]

Read the full article →

HDFC Bank to start 150 more branches by the end of this fiscal

Stock-News

Paresh Suthankar, Executive Director of HDFC Bank said, “We will be adding between 150 and 200 branches pan-India by this fiscal end, of which over 50 per cent shall be opened in rural and under banked areas”. He said, “The proposed expansion of branch network shall be undertaken in this quarter and in subsequent next [...]

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Maruti Suzuki launches limited edition of Swift

Stock-News

Maruti Suzuki India, country`s largest car manufacturer today launched limited edition of Swift, the iconic premium small car brand. The limited edition car is branded – `Swift one million edition`. The `Swift one million edition` is available in Vi version (petrol) at a price of Rs 4,83,079 (ex-showroom, Delhi). Only 1,000 units of this celebrations [...]

Read the full article →

Markets up 0.7%; banks, autos rise

Nifty

Indian Stock Market were trading 0.7% higher on Wednesday, helped by gains in Asian markets, with financials leading the rise. Financials marched ahead on expectations of better loan demand as the world’s second-fastest growing major economy expands further. Data on Tuesday showed India’s economy grew at its fastest pace in nearly three years in the [...]

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Nifty holds on to 5,400; RIL slumps 3%

Nifty

The Dalal Street made a spectacular recovery in the last hour of trade that erased most of its losses on a day of swinging fortunes. At close, the BSE Sensex stood at 17,971, down 61 points and the Nifty managed to hold on to the 5,400 level despite losing 13 points. The markets opened lower [...]

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Hospitality major East India Hotels (EIH) soars 20 per cent

Stock-News

Hospitality major East India Hotels (EIH) today soared 20 per cent on its’ stake sale deal with Mukesh Ambani – led RIL, extending its gains for the second consecutive session. RIL itself was down over 1 per cent on BSE in the early trade. EIH, which gained 11 per cent yesterday, started the day with [...]

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