31 Mar, 2014

GMR Infra shares jump after subsidiary GMR Energy files for IPO

GMR Energy has already filed draft red herring prospectus with Sebi for its IPO


Source: Livemint.com

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31 Mar, 2014

After dissolving top body, Infy to have 9 exec officers

Top decision-making body, executive council, will be dissolved on April 1.


Source: Rediff.com

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31 Mar, 2014

HPCL to export gasoline due to maintenance: official

India's Hindustan Petroleum Corp Ltd (HPCL) has offered gasoline for export in a rare move as it will shut gasoline production facilities at its Vizag refinery for about a month starting April, a comp...


Source: NDTVPROFIT.com

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31 Mar, 2014

GMR Infra shares rally on plans to list unit

GMR is aiming to raise about $250 million from the share sale, a source with direct knowledge of the matter told Reuters. Shares in the company were up 3.7 per cent at 22.70 rupees at 9.59 am.


Source: NDTVPROFIT.com

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31 Mar, 2014

Barclays upgrades SBI, other PSU banks

Barclays also upgraded Bank of Baroda and Punjab National Bank to equalweight from underweight. It continues to retain its overweight call on private lenders such as ICICI Bank, Axis Bank and HDFC Ban...


Source: NDTVPROFIT.com

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31 Mar, 2014

Sell IT stocks, Reliance Industries, buy PSU banks today: Sanjeev Bhasin

Long on metals, OMCs and PSU banks, while short on oil & gas & IT should do well for today.


Source: NDTVPROFIT.com

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31 Mar, 2014

In battling Maruti Suzuki, fund managers find voice

Across emerging markets, shareholder activism tends to be rare, with unhappy investors typically expressing discontent by dumping their shares. In the case of Maruti, that would have meant ditching a ...


Source: NDTVPROFIT.com

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31 Mar, 2014

ONGC, RIL gas war hots up

Public sector giant believes connectivity in East Coast fields


Source: The Hindu Business Line

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31 Mar, 2014

MCA to ascertain whether FTIL as holding co violated norms

The Ministry of Corporate Affairs is looking to ascertain whether Jignesh Shah-led Financial Technologies violated laws, especially with respect to carrying out its duties as a holding company.


Source: Moneycontrol.com

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31 Mar, 2014

Now, get Axis Bank crop loans via ATM

Axis Bank has launched its 'Kisan Card' to facilitate easy agriculture lending to farmers through ATMs.The electronic Kisan Card on the RuPay platform, will be offered to farmers or agra...


Source: The Hindu Business Line

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