Out of this, investment limits worth about Rs 5,600 crore are being allotted through an e-auction, while the rest would be available on tap. In further opening up, the limits would be enhanced by another Rs 16,600 crore from January 1 ownwards.
Posts tagged MC
Banks need Rs 5 lakh cr capital for Basel III norms: Study (12-10-2015)
“Given the credit growth expected in the short-to-medium term, the capital requirement of Indian banks would cross a huge level of Rs 5 lakh crore while meeting the globally mandatory Basel III banking norms by March 31, 2019,” a joint study Assocham-NIBM said.
Motherson Sumi up 7%, UBS says earnings to double in 3 yrs (12-10-2015)
UBS sees strong revenue growth and margin expansion with a view that recent concerns about market share losses in India is overblown.
Sensex down 175pts, Nifty ends below 8150; Infosys tanks 4% (12-10-2015)
Shares of HDFC, TCS, Lupin, Sun Pharma, Dr Reddy’s Labs, Wipro and Cipla were down 1-2 percent. However, Vedanta and Hindalco remained strong despite profit booking, up 5-7 percent. Tata Motors continued its uptrend for the sixth consecutive session today, rising 2 percent.
Sensex slips below 27000; pharma drags, Tata Motors leads (12-10-2015)
Shares of HDFC, TCS, Lupin, Sun Pharma, Dr Reddy’s Labs, Wipro and Cipla were down 1-2 percent. However, Vedanta and Hindalco remained strong despite profit booking, up 5-7 percent. Tata Motors continued its uptrend for the sixth consecutive session today, rising 2 percent.
‘Animal spirits’ could get Europe out of a hole (12-10-2015)
Speaking to CNBC on the sidelines of the IMF/World Bank’s annual meeting in Lima, Peru, CÅ“uré said that the central bank was positive about the region’s recovery but that investment needed to follow.
Force Motors may hit Rs 3150, says Daljeet Singh Kohli (12-10-2015)
Daljeet Singh Kohli of India Nivesh Securities is of the view that Force Motors may test Rs 3150.
Sensex, Nifty struggle as Q2 earnings begin; FMCG down (12-10-2015)
Besides metals, capital goods, oil gas and auto stocks are up. Vedanta, Hindalco, Tata Steel, Tata Motors and BHEL are gainers in the Sensex.
Invisible expenses can pull down your mutual fund returns (12-10-2015)
While some expenses such as exit loads are known, there are some such as expense ratio and dividend distribution tax may be hidden.
VW recalls vehicles in China to rectify engine software (12-10-2015)
The recall applies to 1,946 Tiguan sport utility vehicles and four Passat B6 sedans, all of them imported, the company said Monday. It said technical solutions are being developed and have yet to be submitted to Chinese authorities for approval.