As part of the scheme, PFS will offer credit guarantee after detailed appraisal to eligible projects along with other financial institutions for providing partial guarantees for projects and the same shall be backed by adequate security, it added.
Posts tagged MC
Phoenix Mills up 4%, buys 19.38% stake in Gangetic Hotels (07-10-2015)
The company has acquired 19.38 percent stake from MTX Hotels Private Limited, Amitabh Tayal and Priyank Tayal on October 06, 2015.
Sensex, Nifty open marginally lower; ONGC, Cairn rally (07-10-2015)
Cairn India and ONGC rallied 2-3 percent. Lupin, Sun Pharma, NTPC, Cipla, Asian Paints and Maruti Suzuki were other leading gainers.
Nifty can gain at opening bell: Maximus Securities (07-10-2015)
According to Maximus Securities, trading of CNX Nifty futures on the Singapore stock exchange indicates that the Nifty could gain 5.5 points at the opening bell.
BOJ keeps monetary policy steady, focus on Kuroda’s presser (07-10-2015)
As widely expected, the BOJ reiterated its pledge to increase base money, or cash and deposits at the central bank, at an annual pace of 80 trillion yen (USD 665 billion) through purchases of government bonds and risky assets.
Rupee opens at 65.30 per dollar; gains 11 paise (07-10-2015)
Today, the rupee is expected to trade within a narrow range of 65.35-65.50/dollar, says NS Venkatesh of IDBI Bank.
Expect market to open on positive note: Angel Broking (07-10-2015)
According to Angel Broking, markets are expected to open in positive tracking the SGX Nifty and the Asian cues.
Nifty may open flat led by mixed global cues: ICICIdirect (07-10-2015)
Nifty is likely to open flat on the back of mixed global cues. It is likely to trade in the range of 8080-8180, says ICICIdirect.
Investors worry about Guj plant but Maruti up 98% in 16-mth (07-10-2015)
Maruti remains to be top pick of UBS, stating that there is no risk of capital misallocations but only a difference in timing of cashflow. Maruti disclosed the Contract Manufacturing Agreement (CMA) it is entering into with Suzuki Motor Gujarat (SMG – the Gujarat plant which will be set up by Suzuki Motor Corporation).
Not bearish on China, see Q4 growth at 6.8-7%: Shaun Rein (07-10-2015)
Shaun Rein, managing director, China Market Research Group says while the Chinese economy is certainly weak, it is not as weak as most people are making it out to be. In fact he advised investors with a risk appetite to get into commodity stocks