India Investments

India Investments

 

Latest Upcoming / Declared Dividends - Mutual Funds 14th March 2008 Posted: 14 Mar 2008 08:43 AM CDT 1. Declaration of dividend under Reliance Growth Fund, Reliance Equity Opportunities Fund and Reliance Pharma Fund; 2. Declaration of Quarterly, Half-Yearly and Annual Dividend in Reliance Liquid Plus Fund, Reliance Short Term and Reliance Income Fund. The same is published today - March 14, 2008 in 'Financial Express' and 'Navshakti' Newspapers.  Upcoming / Declared Dividends Diversified Equity Funds Dividend Record Date Div.Yield (%) Reliance Growth Fund 65% 19-Mar-08 10.68 Reliance Equity Opportunities Fund 15% 19-Mar-08 ...

Mutual Funds News 14th March 2008 Posted: 14 Mar 2008 04:17 AM CDT ICICI MF launches new FMP Series ICICI Mutual Fund launched ICICI Prudential Fixed Maturity Plan - Series 43 - 18 Months Plan A. The investment objective of the scheme is to seek to generate returns by investing in a portfolio of fixed income securities/ debt instruments normally maturing in line with the time profile of the scheme.           SBI MF to unveil Real Estate Equity Fund Mumbai: The SBI Mutual Fund on March 13, filed the offer document with the Securities and Exchange Board of India (Sebi) for unveiling a dedicated scheme for the...

Mutual funds- Upcoming Dividends- 14th March 2008 Posted: 14 Mar 2008 04:16 AM CDT Birla Sun Life Mutual Announces Dividends Birla Sun Life Mutual has announced dividends under the following schemes: Scheme Dividend (%) Birla Sun Life Income-DH 6.2 Birla Sun Life Income-DQ 3.0 Birla Sun Life GSF ST-DQ 1.0 Birla Sun Life GSF LT-DH 1.1 Birla Gilt Plus Liquid-DQ 2.2 Birla Gilt Plus Liquid-DY 6.5 Birla Gilt Plus PF-DQ 3.0 Birla Gilt Plus PF-DY 15.0 Birla Gilt Plus Regular-DQ 3.0 Birla Gilt Plus Regular-DY 25.0 Birla Bond Index-DQ 1.6 Birla Income Plus-DQ 3.0 The record date for the above would be March 17, 2008. DSP ML MF declares dividend The DSP ML Financial mutual...

Market News 14th March 2008 Posted: 14 Mar 2008 04:15 AM CDT Mather & Platt Pumps fixes Book Closure for AGM Mather & Platt Pumps Ltd has informed that the Register of Members & Share Transfer Books of the Company will remain closed from April 21, 2008 to April 26, 2008 (both days inclusive) for the purpose of 11th Annual General Meeting (AGM) of the Company to be held on April 26, 2008.

13th march 2008 - Sensex crashes by 771 points Posted: 14 Mar 2008 04:15 AM CDT Sensex crashes by 771 points MUMBAI: The contagion effect of U.S. recession is continuing and the domestic Bombay Stock Exchange benchmark index (Sensex) fell sharply by 770.63 points or 4.78 per cent to 15357.35. The U.S. Government data on Thursday showed that retail sales were plunging and joblessness was increasing at an alarming rate. While the U.S. dollar continued its downward spiral, sinking against major currencies such as euro and the Japanese yen (a 12-year low against yen), analysts are expecting that the U.S. Federal Reserve would reduce interest rates by another 75 basis...

Growth : Industrial sector to grow by 10.4% in FY 09, says CMIE Posted: 14 Mar 2008 04:14 AM CDT Industrial sector to grow by 10.4% in FY 09, says CMIE Mumbai: Centre for Monitoring Indian Economy (CMIE) has estimated the expansion at 10.4 per cent for fiscal 2009. CMIE expectS the industrial production to grow by 10.4 per cent in FY 09. The current investment boom is expected to correct the slowdown problem. The reason for the current slowdown in industrial production was the supply problem faced by sectors like cement, aluminium, electricity and steel. India's industrial growth slipped to 5.3 per cent in January as compared to 11.6 per cent in the same month last year as growth...

Rupee Vs Dollar : Rupee ends 10 paise lower against US dollar Posted: 14 Mar 2008 04:14 AM CDT Rupee ends 10 paise lower against US dollar Mumbai: After tumbling by 24 paise in morning trade, the Indian rupee recovered smartly but still ended lower by 10 paise at 40.43/44 against a dollar amidst a collapse in domestic as well as Asian stock markets, and softening of US currency worldwide. In see-saw trade at the Interbank Foreign Exchange (Forex)market, the local unit opened weak at 40.45/47 against last close of 40.33/34. The domestic currency dipped further in late morning session to 40.59 a dollar on distinctly weak equity markets across the globe. Forex dealers said dollar buying...

Industry News 14th March 2008 Posted: 14 Mar 2008 04:13 AM CDT CyberMedia acquires TDA Group Mumbai: In a bid to expand the services business of the company, CyberMedia India on Thursday said it has acquired all the assets of California-based TDA Group for an undisclosed amount. CyberMedia, South Asia's leading specialty media house with a strong presence in media services, has acquired all the assets of TDA Group Inc, an integrated marketing communications and custom publishing company, the company said in a filing to the Bombay Stock Exchange.

Corporate News 14th March 2008 Posted: 14 Mar 2008 04:13 AM CDT Super Tannery fixes Record Date for stock split Super Tannery India Ltd has informed that March 28, 2008 has been fixed as the Record Date for the purpose of splitting-up of the nominal value of shares of the Company from Rs 10 to Rs 2 each as fully paid up.           NTPC eyeing alternate sources of energy India's biggest power producer National Thermal Power Corporation (NTPC) is partnering with GE Energy Financial services and Brookfield Power of Canada for alternate sources of energy. In the next ten years, NTPC plans to set up 75000...

Pyramid Saimira - Press Release Posted: 14 Mar 2008 04:12 AM CDT Pyramid Saimira Theatre Ltd has informed vide its letter dated March 14, 2008 regarding press release with respect to the strategic partnership of Associate Company with UK-based pan European DTH platform, Spize TV. Subject : Launch of Direct TO Home (DTH) services across Europe, North Africa & Middle East Body: - Pyramid Saimira Entertainment Ltd, a wholly owned subsidiary of Pyramid Saimira Theatre Ltd has entered into a strategic partnership for content agglomeration / new channels / services launching with Spize TV, A Direct To Home Platform. - Associate Company of the group has...