Monday, 31 October 2011
NSE gets SEBI approval for SME platform
The National Stock Exchange today received formal approval from SEBI to set up a new SME platform.
NSE has been in touch with leading SME (Small and Medium Enterprises ) financing institutions, rating agencies, venture ...
Trading on BSE through ''NoW''
NSE is pleased to announce that some members have begun to connect their servers in co-location facility offered by NSE to their other servers located in facilities offered by BSE or by other reputed third party infrastructure providers. Members can also provide inter-exchange algo trading from servers in co-location facility or servers located...
Securities listed and admitted to dealings with NSE & BSE
Securities listed and admitted to dealings
Sr.No. Symbol Series Company Name ISIN Code Date of Listing
1 TRITURBINEBETriveni Turbine LimitedINE152M0101628-Oct-2011
2 PILANIINVBEPilani Investment and Industries Corporation LimitedINE417C0101425-Oct-2011
3 HIRAFERROEQHira Ferro Alloys LimitedINE573I0101125-Oct-2011
4 PANCHSHEELEQPanchsheel Organics LimitedINE316G0101925-Oct-2011
5 KRITIINDEQKriti Industries (India)...
Stock Trading Tips for 01 Nov 2011
Stock Trading Tips for 01 Nov 2011
Scrip Trigger Price Stop Loss Target 1
WIPRO BUY ABOVE 370 366 376
SELL BELOW 363 366 356
TCS BUY ABOVE 1,127 1,116 1,139
SELL BELOW 1,104 1,114 1,092 ...
Nifty Spot Medium Term Level for 01 November 2011
Nifty Spot Medium Term Level for 01 November 2011
Support 1 5145 Resistance 1 5490
Support 2 5037 Resistance 2 5317
Nifty Spot Short Term Level for 01 November 2011
Support 1 5082 Resistance 1 5211
Support 2 5045 Resistance 2 5124...
After five years , the state government re-enter the cement retail business in Tamil Nadu and Kerala
After a gap of five years , the state government has decided to re-enter the cement retail business in Tamil Nadu and Kerala with a view to reining in the skyrocketing prices .
At a timewhen private manufacturers sell cement at Rs 280 to Rs 300 per 50kg bag , the Tamil Nadu governmentowned Tamil Nadu Cements Corporation (TANCEM) will sell...
Unitech new township Project in Gurgaon
The Crestview Apartments is being launched as a part of Wildflower Country, a 100-acre township in sector 70, Gurgaon, being developed by Unitech.
Unitech expect to generate a sales-booking of Rs 400 crore from this project over 2 months and also, expect to garner revenue of Rs 2,000 crore, from Wildflower Country Township over the...
TMB and LIC have entered into an agreement as Bancassurance partners for life insurance.
Tamilnadu Mercantile Bank Limited and Life Insurance Corporation of India have entered into an agreement as Bancassurance partners for life insurance. As per the agreement the bank will market products of LIC through its 243 branches throughout the country.
Speaking to reporters here recently, managing director and CEO of Tamilnadu Mercantile...
T.Nagar Saravana Stores, Chennai Silks and 60 other business centers sealed
CMDA today sealed over 60 leading textile, jewellery showrooms and small shops in the city's commercial capital of T Nagar for violating building norms.
Officials from Chennai corporation and CMDA have sealed 61 business establishments including Saravana Stores,Chennai Silks Kumaran Thanga maligai today.
CMDA sources said they had...
Saturday, 29 October 2011
Deputy Mayor candidates List Live Update
B Benjamin would be the party's nominee for the Chennai Deputy Mayor's post, party supremo and Chief Miniser Jayalalithaa said in a statement.
Other nominees are:
M Asimmeera, son of deceased minister Mariam Pitchai (Tiruchirapalli),
M Natesan (Salem),
K C Palanisamy (Erode),
K Gunasekaran (Tiruppur),
K Chinnadurai (Coimbatore),
R Gopalakrishnan (Madurai),
P Ganesan (Tirunelveli),
P Xavier (Tuticorin)...
Friday, 28 October 2011
Chennai extending up to Chengalpattu and Kancheepuram
A large area around Chennai extending up to Chengalpattu and Kancheepuram is set to be designated as one single urban region for planning purposes. In the face of rapid increase in population in the districts surrounding Chennai and the expansion of the city, a new regional planning model on the lines of National Capital Region, Delhi, is...
Aakash $35 - $60 Tablet Price India -Aakash Cheapest Tablet PC - Rs. 1500 - Rs. 3000
Price - $35 - $60 - Rs. 1500 - Rs. 3000
Features - Specification:
- Android 2.2 OS Operating System
- 7 inch - 800x480 Touchscreen
- Weight - 350 grams
- 256 MB of RAM, 32 GB expandable memory slot
- Power - 2-3 hours
- Wi-Fi, GPRS Connectivity
- 2 USB por...
Intraday Stock Trading Tips for 31 Oct 2011
Stock Trading Tips for 31 Oct 2011
Scrip Trigger Price Stop Loss Target 1
BHEL BUY ABOVE 330 327 334
SELL BELOW 324 327 320
HDFC BUY ABOVE 695 689 703
SELL BELOW 681 687 ...
Housing Loan EMI Up by 24%
The latest increase of 0.25% in key policy rates by RBI will be mirrored by a
commensurate increase in lending rates.Housing loan borrowers have risen by 24% over the past one year.
The formula to calculate EMIs and then try to write a programme that calculates the EMIs for them. I find it particularly appalling that very few bother to figure it out for themselves, especially since it involves elementary algebra...
Thursday, 27 October 2011
Tamilnadu government hikes power of registration fees from Rs. 50 to Rs.10,000.
Tamilnadu government hikes power of attorney fees from Rs. 50 to Rs.10,000.
The Tamilnadu government has effected manifold increase in the registration fees in respect of agreements for the deposit of title deeds and lease deeds, besides the fee for registration of instrument of power of attorney.
In the case of title deeds, the ceiling...
Tamil Nadu Govt. planing to rise Guideline Value every year
What is Guideline Value? How to ascertain?
Guideline Value of any land should truly reflect the market value. Guideline values have been fixed for all the areas in the State. Well established residential areas have only street based guideline values.
The guideline values have been fixed for each survey number. This...
Mortgage Rates Today for the Top Lenders on 26 Oct 2011
Current mortgage rates today have mostly decreased this morning after the last 5 business days or so we have seen mainly incremental increases daily from the top lenders we study. All changes and current rates will be listed below for your mortgage shopping convenience.
Both regular and FHA 30-year fixed loans and 5-year ARMs all decreased...
The drama marks a new phase in the continent's banking crisis.
The world's oldest bank, Siena-based Banca Monte dei Paschi di Siena SpA, is now caught in the storm. European leaders are expected to force Monte dei Paschi to raise €2 billion, or about $2.8 billion, or more in new capital, analysts say. The bank's troubles are reverberating through the region: The powerful foundation that owns half the...
The 20 best U.S. cities to trick-or-treat
eal-estate website Zillow ranked the 20 best U.S. cities to trick-or-treat in based on four equally-weighted variables: Zillow’s Home Price Index, population density, the site’s “Walk Score” (a measure of amenities within walking distance) and local crime data. According to Zillow, the list “represents cities that will provide the most candy,...
House Resales Drop
Sales of previously occupied house in the U.S. fell slightly last month, a sign of continuing weakness in a depressed part of the economy.
Existing-house sales decreased by 3.0% in September from a month earlier to a seasonally adjusted annual rate of 4.91 million, the National Association of Realtors said Thursday. August's sales pace was...
Restringing the Housing HARP
The government's latest move to bolster housing marks yet another transfer from savers to borrowers.
Such transfers have been the norm since the Federal Reserve instituted its zero-interest-rate policy in late 2008—shifting funds away from the likes of depositors, bondholders and pension funds to debtors. The latest iteration came Monday,...
Obama Expands Mortgage Aid
The federal government's revamped mortgage-refinancing program could allow more than a million borrowers to take advantage of falling interest rates, even if the value of their homes has plummeted.
economists said more action may be needed to stabilize the ailing housing market.
The Obama administration has been criticized for housing-relief...
Tuesday, 25 October 2011
1,900 banks out of the loop for UK study visa
Britain on Tuesday published a list of nearly 1,900 banks in India, most of them cooperative, whose financial statements will not be accepted for student visa purposes, a move that is set to affect thousands of Indian students wanting to study there.
The new list has just 85 Indian banks whose statements will be accepted.
Education consultants...
Home loans may get costlier:(RBI) repo rate hike by 25 basis points
The Reserve Bank of India’s (RBI) repo rate hike by 25 basis points has put a damper on the real estate sector’s Diwali celebrations. Repo rate is the rate at which banks borrow money from the RBI.
Paras Gundecha, president of the Maharashtra Chamber of Housing Industry, said the fresh hike would cripple the real estate industry.
“Real...
L&T Share Result Review
Larsen and Toubro (L&T) posted good set of numbers for 2Q FY 2012, which were above expectations mainly on account of good top-line performance.
Order Book:
On the order booking front, L&T has an order backlog of Rs. 1,42,185 cr as of 2Q FY 2012. Order inflow for the quarter stood at RS. 16,096 cr (Rs. 20,464 cr), led by the...
Monday, 24 October 2011
RBI to raise rates 25 basis points on Oct. 25 2011
Of those polled, 17 expect the Reserve Bank of India to increase the key lending rate by 25 basis points on Oct. 25, while 13 expect it to hold the rate.
The median forecast is roughly in line with estimates in a smaller poll conducted immediately after the RBI raised rates in mid-September and indicated more was to follow. Since then,...
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