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Date: 22/02/2012
Close to expiry: Mohit Gaba
Mohit Gaba Long positions should continue to be held with a stop loss at 5545, the break of which should be the first sign of weakness, says Technical Analyst, Mohit Gaba.
Date: 22/02/2012
Nifty has target at 5648: Prakash Gaba
Prakash Gaba The crucial support for the Nifty is at 5560 and the target is 5648, says Technical Analyst, Prakash Gaba.
Date: 22/02/2012
Position traders to benefit from market upmove: Sukhani
Sudarshan Sukhani Sudarshan Sukhani of s2analytics.com tells CNBC-TV18 that the broad trend in the market continues to remain up, so position traders will benefit.
Date: 22/02/2012
Manghnani says volatility to rise next month, suggests buys
Anil Manghnani Anil Manghnani, Modern Shares Stock Brokers says the next test for market on its way up would be the 5650 level.
Date: 22/02/2012
RBS expects 15-16% EPS growth for MSCI India in FY13
Parul Saini Economic growth too seems to be troughing, as suggested by the rebound in the PMI indicators in January. The core manufacturing inflation moderated to 6.7% in January and should help the case for policy rate cuts by the RBI, says Parul Saini of RBS.
Date: 22/02/2012
Time of basket buying over; be stock specific: PN Vijay
PN Vijay Despite a positive trend in the market, portfolio manager PN Vijay tells CNBC-TV18 that he is slightly cautious now.
Date: 22/02/2012
Aashish Taters multibagger ideas: Akzo Nobel, Bayer Crop
Aashish Tater In an interview to CNBC-TV18, Aashish Tater, Head of Research, Fort Share Broking discusses his two multibagger ideas - Akzo Nobel India and Bayer CropScience.
Date: 22/02/2012
Time to take profits off the table: Quantums Sanjay Dutt
Sanjay Dutt Sanjay Dutt, director, Quantum Securities believes the risk reward ratio is not favourable right for investing in markets right now.
Date: 22/02/2012
Book profits in banking, infra counters: Emkay
Anish Damania Anish Damania, business head of institutional equities at Emkay Global Financial Services Ltd has advised investors to book profits in infrastructure, banking and financial stocks where there has been a massive rally.
Date: 22/02/2012
Buy United Spirits; more pain for RCom: Tulsian
SP Tulsian SP Tulsian of sptulsian.com spoke to CNBC-TV18 about certain stocks that are on the move. Check out his comments.
Date: 22/02/2012
How to maximize Mutual Fund gains
BankBazaar.com If the investor is asked about choice for a simple and most adored investment instrument, the unanimous answer would be "Mutual Fund". Though there are various plans and thoughts on how to maximize the gain from MF investment, this article focus more on the tax related aspects to enhance the return.
Date: 22/02/2012
NAVs ends higher as market slides up
NAVs ends higher as market slides up Equity funds continue to zoom up led by positive market rally. The Benchmark Nifty gained 42.85 points or 0.77% and closed at 5,607.15. Meanwhile, the BSE benchmark Sensex rose 139.26 points or 0.76%, to end at 18,428.61.
Date: 22/02/2012
Dividend declaration under IDFC Classic Equity Fund
Dividend declaration under IDFC Classic Equity Fund IDFC Mutual Fund has fixed February 27, 2012 as the record date for dividend declaration under IDFC Classic Equity Fund. The quantum of dividend will be1.20 per unit on the face value of Rs 10 per unit.
Date: 22/02/2012
AIG India Treasury Fund: Change in face value
AIG India Treasury Fund: Change in face value AIG Mutual Fund has announced to change the face value of all the plans/options of AIG India Treasury Fund with effect from 2 March 2012.
Date: 22/02/2012
Dividend declaration under three Escorts schemes
Dividend declaration under three Escorts schemes Escorts Mutual Fund has announced dividend under Escorts Income Plan, Escorts Short Term Debt Fund and Escorts Income Bond, the record date for which has been fixed on February 28, 2012.
Date: 22/02/2012
EGoM likely to consider disinvestment in ONGC on Feb 24
EGoM likely to consider disinvestment in ONGC on Feb 24 The Empowered Group of Ministers (EGoM) is likely to consider disinvestment in Oil and Natural Gas Corporation (ONGC) on February 24, reports CNBC-TV18.
Date: 22/02/2012
KFA flies higher on a likely Rs 1000 cr infusion from SBI
KFA flies higher on a likely Rs 1000 cr infusion from SBI Kingfisher Airlines climbed 3% on news that its lenders might infuse Rs 1000 crore equity infusion into the ailing company. Though, there has been no official announcement on the same, sources say the development is likely by March.
Date: 22/02/2012
RIL signs JV with Russian Petchem firm; stock flat
RIL signs JV with Russian Petchem firm; stock flat Reliance Industries (RIL) has signed joint venture with Russian Petchem firm Sibur for a rubber facility with 1 lakh tonnes capacity, reports CNBC-TV18.
Date: 22/02/2012
Tata Comm to announce biggest partnership; stock rises 5%
Tata Comm to announce biggest partnership; stock rises 5% Tata Communications will announce the biggest partnership to date tomorrow, reports CNBC-TV18.
Date: 22/02/2012
Jubilant Life arm gets 4 orders worth $90 mn; stock up 5%
Jubilant Life arm gets 4 orders worth $90 mn; stock up 5% Jubilant Life Sciences arm has got 4 orders worth USD 90 million, reports CNBC-TV18.
Date: 22/02/2012
MIC Electronics to consider further issue of pref shares
MIC Electronics to consider further issue of pref shares MIC Electronics will consider further issue of preferential shares on February 27, reports CNBC-TV18.
Date: 22/02/2012
DCB QIP issue to open on Feb 27; stock slips
DCB QIP issue to open on Feb 27; stock slips Development Credit Bank (DCB) QIP issue is going to open on February 27. The floor price for the issue is at Rs 47.84 per share, reports CNBC-TV18.
Date: 22/02/2012
ILandFS Investment moves up smartly
ILandFS Investment moves up smartly ILandFS Investment Managers may buy out Hershey's 51% stake in its JV with the Godrej Group, reports The Economic Times.
Date: 22/02/2012
Lanco Infra in talks to part sell in power biz; stk down
Lanco Infra in talks to part sell in power biz; stk down Lanco Infratech is in talks with 2 firms to part sell in its power business, reports Business Standard.
Date: 22/02/2012
Allahabad Bank to consider pref shares issue today
Allahabad Bank to consider pref shares issue today Allahabad Bank is going to consider issue of equity shares on preferential basis today, reports CNBC-TV18.
Date: 22/02/2012
Markets pause as Greece reality bites, oil worries
Markets pause as Greece reality bites, oil worries Asian markets lost momentum on Wednesday as investors worried about the realities of Athens restructuring its debt, the fragility other euro zone states and rising oil prices.
Date: 22/02/2012
Asia trading lower; Hang Seng down, Nikkei flat
Asia trading lower; Hang Seng down, Nikkei flat At 7:38 am (IST), Asian markets were trading lower.
Date: 22/02/2012
US markets end mixed; crude rises to 9 month high
US markets end mixed; crude rises to 9 month high The US markets ended mixed after a choppy session. Higher oil prices and profit booking after the Greek rescue package led the markets lower. The Dow however touched 13,000 intraday.
Date: 22/02/2012
China PMI lifts Nikkei to highest level in six months
China PMI lifts Nikkei to highest level in six months Japan's Nikkei share average rose 1 percent on Wednesday to its highest in six months, boosted by news that China's manufacturing sector rose to a four-month high in February although it remained in contraction territory.
Date: 22/02/2012
European shares weaken as growth outlook darkens
European shares weaken as growth outlook darkens The euro and European shares edged lower on Wednesday after economic data suggested the euro zone may slide back into recession, hurting the global economic outlook, while concerns about the sustainability of the latest Greek bailout deal also weighed.
Date: 22/02/2012
FY12 economic growth seen at 7.1%: Rangarajan
Rangarajan The rate of growth in financial year 11-12 is estimated at 7.1%, which is shade higher than advance GDP estimates of the CSO, said C Rangarajan, economic advisor to the Prime Minister.
Date: 22/02/2012
GDP expected to grow 7.1% in FY12: Rangarajan
GDP expected to grow 7.1% in FY12: Rangarajan PMEAC expects India's economy is expected to grow an annual 7.1% in the current financial year that ends in March, and 7.5 to 8% in the next financial year.
Date: 22/02/2012
FM hopeful of meeting indirect tax collection aim in FY12
FM hopeful of meeting indirect tax collection aim in FY12 Finance Minister Pranab Mukherjee today expressed hope that indirect tax collection target of Rs 3.92 lakh crore for the current fiscal will be met despite the economic slowdown.
Date: 22/02/2012
PMEACs FY13 GDP figure over optimistic? Experts believe so
Sajjid Chinoy The PMEAC report released today paints a rosy picture of the economy, but experts tell CNBC-TV18 that this may not actually be the case.
Date: 22/02/2012
Draft Basel III provisions cushion liquidity shocks
Draft Basel III provisions cushion liquidity shocks To help banks tide over liquidity shocks, the RBI today came out with draft Basel III guidelines under which lenders will have to maintain a minimum amount of assets that can be encashed fast, and set up mechanisms to monitor risks.
Date: 22/02/2012
Union Budget 2012: Need more balanced polices from FM, says Fujitsu Consulting
Ashutosh Prabhudesai In the Union Budget 2012, we would expect the Hon’ble Finance Minister to strike a balance between withdrawals of the previously implemented stimulus measures, including duty cuts, and introduce measures to get the GDP growth numbers back on track.
Date: 22/02/2012
Kingfisher gives new flight plan to DGCA: source
Kingfisher gives new flight plan to DGCA: source Struggling Kingfisher Airlines has submitted a new flight plan to the aviation regulator to operate 175 daily flights with 28 aircraft, a senior government source said on Wednesday.
Date: 22/02/2012
See India confirm orders of 15000-20000mw by FY14: Thermax
MS Unnikrishnan In an interview to CNBC-TV18, MS Unnikrishnan, the managing director of Thermax talks about the latest developments happening in his company and sector.
Date: 22/02/2012
MV Nair recommendations positive: MM Fin Services
Ramesh Iyer RBI has been a little cautious of a bank lending to NBFCs, but the committee has recommended that 5% of bank's credit to NBFCs be classified as priority sector. Ramesh Iyer, managing director of Mahindra Mahindra Financial Services sees this move as positive.
Date: 22/02/2012
Cant conclude on cement cartelisation; probe is on: Moily
Veerappa Moily Veerappa Moily, corporate affairs minister today spoke about the case on cartelisation of cement players that was under investigation by the Competition Commission of India (CCI).
Date: 22/02/2012
See margins over 3.5% in FY12: Allahabad Bank
JP Dua In an interview to CNBC-TV18, JP Dua, chairman of Allahabad Bank says, he expects margins of more than 3.5% and a credit growth of around 18% for the full year.
Date: 22/02/2012
Hero MotoCorp inks technology sourcing pact with EBR
Hero MotoCorp inks technology sourcing pact with EBR The country's largest two-wheeler maker Hero MotoCorp today said it has entered into technology sourcing pact with US-based Erik Buell Racing as it looks to strengthen presence in the high-end bike segment.
Date: 22/02/2012
Hero MotoCorp partners with Erik Buell
Hero MotoCorp partners with Erik Buell Hero MotoCorp, the world's largest two-wheeled vehicle manufacturer, said on Wednesday it had entered into a partnership with U.S. motorcycle company Erik Buell Racing (EBR).
Date: 22/02/2012
Abhijeet Power to raise $1.2bn debt by March: Source
Abhijeet Power to raise $1.2bn debt by March: Source Abhijeet Power Ltd, an unlisted utility with an operational capacity of 246 MW, plans to raise Rs 5920 crore debt for a 1,320 MW coal-fired power project by March, a source close to the development said
Date: 22/02/2012
Bank bailout for Kingfisher hangs in balance
Bank bailout for Kingfisher hangs in balance Lenders to Kingfisher Airlines have not agreed to extend further loans to the debt-crippled carrier, three banking sources said on Wednesday after reports that State Bank of India (SBI) was close to offering a bailout loan package.
Date: 22/02/2012
Cairns global play: See opportunities in Uganda
Cairn's global play: See opportunities in Uganda CNBC-TV18 learns that Cairn India is currently evaluating opportunities in Uganda, where the government is likely to put on offer oil blocks next month.
Date: 22/02/2012
Econet seeks $3.1 billion damages from Bharti Airtel
Econet seeks $3.1 billion damages from Bharti Airtel Econet Wireless is seeking at least USD 3.1 billion in damages from Bharti Airtel in a dispute over ownership of its subsidiary Airtel Nigeria, according to a suit filed on Wednesday.
Date: 22/02/2012
Budget Expectations: Thomas Cook wants infra status for tourism industry
Madhavan Menon The travel and tourism Industry in India is truly handicapped, says Madhavan Menon, Managing Director of Thomas Cook (India).
Date: 22/02/2012
Ambani, Mistry, others meet Chatterji on power sector woes
Ambani, Mistry, others meet Chatterji on power sector woes Top executives of private power companies, including Anil Ambani and Cyrus Mistry, today discussed various issues faced by the sector with the high- level panel headed by Prime Minister's Principal Secretary Pulok Chatterji.
Date: 22/02/2012
Power equipment companies to cough up for customs duty soon
Power equipment companies to cough up for customs duty soon Power infrastructure companies are in for a major haul. CNBC-TV18 has learnt that customs duty is likely to be levied on power equipment with prospective effect.
Date: 22/02/2012
Saif Ali Khan charged in assault case
Saif Ali Khan charged in assault case SAIF-ALI-KHAN-ARREST:Saif Ali Khan charged in assault case
Date: 22/02/2012
Power equipment companies to cough up for customs duty soon
Power equipment companies to cough up for customs duty soon Power infrastructure companies are in for a major haul. CNBC-TV18 has learnt that customs duty is likely to be levied on power equipment with prospective effect.
Date: 22/02/2012
Years of hard work
Years of hard work Years of hard work
Date: 22/02/2012
LG announces Optimus 3D Cube, ahead of MWC
LG announces Optimus 3D Cube, ahead of MWC We knew LG was planning on launching the successor to the Optimus 3D at MWC, thanks to some leaked ...
Date: 22/02/2012
Sensex ends 283 pts down on profit taking; SBI, DLF fall 8%
Sensex ends 283 pts down on profit taking; SBI, DLF fall 8% The market on Wenesday saw its biggest fall in the last 16 sessions led by heavy sell-off in banks, metals, telecom and infrastructure stocks. Weak European cues after less-than-expected German's PMI and jobs data too dented the market's sentiment in last hour of trade.
Date: 22/02/2012
Sensex sheds over 200 pts; broader markets down 2.5%
Sensex sheds over 200 pts; broader markets down 2.5% The Sensex shed more than 200 points in afternoon trade, weighed down by SBI, Reliance Industries, ICICI Bank and Bharti. Metals, realty, capital goods and power stocks too were down. The BSE benchmark was down 243 points to 18,185.39 and the NSE benchmark slipped 88 points to 5,519.25.
Date: 22/02/2012
Nifty in narrow range; Sterlite, SBI top sell list
Nifty in narrow range; Sterlite, SBI top sell list The Nifty was moving a narrow range of 5580-5600 since the morning trade due to lack of major news globally as well as locally. Even European markets were flat in an early trade. The BSE benchmark declined 33 points to 18,395.46 and the NSE benchmark fell 17 points to 5,590.10.
Date: 22/02/2012
Sensex moderately lower; oil gas, IT support
Sensex moderately lower; oil  gas, IT support The market continued to trade moderately lower due to fall in SBI and ICICI Bank. Index heavyweights, however, Reliance, Infosys, ONGC and TCS were helping the market to stay near to the 5600 level.
Date: 22/02/2012
Volatile Nifty falls below 5600; SBI, ICICI Bank, LT slip
Volatile Nifty falls below 5600; SBI, ICICI Bank, LT slip The Nifty slipped below the 5600 level amid choppy trade, weighed down by banks and metals stocks. LT and Bharti Airtel too were under pressure. However, oil gas, technology and auto stocks were supporting the market. The Sensex fell 21 points to 18,407.33 and the Nifty slipped 11 points to 5,595.80.
Date: 22/02/2012
Nifty holds 5600 amid choppy trade; ONGC shoots up 4%
Nifty holds 5600 amid choppy trade; ONGC shoots up 4% The Sensex opened with 50 points gap up on Wednesday and the Nifty stayed above the 5600 level , supported by auto, capital goods, FMCG and metals stocks. However, the fall in banks limited the upside.
Date: 22/02/2012
BSE Sensex likely to ease early; Sun Pharma seen up
BSE Sensex likely to ease early; Sun Pharma seen up The BSE Sensex is expected to face resistance early on Wednesday after climbing to their highest close in nearly seven months in the previous session, but the rally is unlikely to run out of steam.
Date: 22/02/2012
Markets end down as investors turn cautious
The main 30-share benchmark index provisionally fell 283.36 points to 18,145.25, with 25 of its components in the red
Date: 22/02/2012
BSE launches India’s first energy efficient index
The index can be used to develop green financial products including mutual funds, exchange-traded funds and structured products, the BSE said
Date: 22/02/2012
Markets rise 0.3%; ONGC, Tata Motors up
At 09:16 am, the main 30-share BSE stock index was up 0.35% at 18,481.41, and the 50-share NSE index gained 0.22% to 5,618.60
Date: 22/02/2012
Asian markets pause as Greece reality bites, oil worries
MSCI Asia ex-Japan inches down 0.25, Nikkei opens down 0.03%; Euro making little headway; HSBC flash manufacturing activity on China eyed
Date: 22/02/2012
Opening Bell 22 February Greek overhang, oil worries
Asian markets slipped on Wednesday morning amid lingering worries over Europe’s latest effort to help Greece even as oil gained further ground
Date: 22/02/2012
BSE Sensex drops 283 pts; SBI falls 8 pct
- The BSE Sensex closed down on Wednesday, reversing early gains, as investors turned cautious and booked profits after a recent rally that pushed up the index to its highest close in nearly seven months in the previous session.
Date: 22/02/2012
Fitch downgrades Greece, will reassess after debt swap
- Fitch downgraded Greece on Tuesday to 'C' from 'CCC', a move widely expected after the country said it may enforce losses on bondholders who do not voluntarily sign up to a debt swap plan accompanying its EU/IMF-approved bailout.
Date: 22/02/2012
Has the battery run out on Aakash tablet?
- Aakash, the "$35" computer launched last year in India as the world's cheapest tablet, has run into problems and companies will be invited to bid again to make the device after complaints of poor performance and hiccups rolling out a pilot model.
Date: 22/02/2012
Rupee ends up as inflows offset dlr demand
- The rupee ended stronger on Wednesday as robust capital inflows offset dollar demand from local oil importers and negative equities, and the outlook for the currency remains positive.
Date: 22/02/2012
Nokia to unveil cheaper Windows smartphone - sources
- Nokia will next week unveil a new, cheaper smartphone using Microsoft's Windows Phone software, targeting a wider market for its new range of smartphones, two sources close to the company said.
Date: 22/02/2012
World Indices, 22 Feb 2012
Exchange Last Trade (%Chg) Change BSE Sensex 18,145.25(-1.54%) -283.36 NASDAQ COMPOSITE 2,948.57(-0.11%) -3.21 DOW JONES 12,965.69(+0.12%) +15.82 Nikkei 225 9,554.00(+0.96%) +90.98 Hang Seng 21,549.28(+0.33%) +70.56 Shanghaicomposite 2,403.59(+0.93%) +22.16 Straits Times 2,995.597(-0.97%) -29.48 Taiwan Weighted 8,001.68(+1.01%) +80.18 Seoul Composite 2,028.65(+0.22%) +4.41 DAX 6,908.18(-0.58%) -40.07 FTSE 100 5,928.20(-0.29%) -17.05 CAC 40 3,465.24((-0.21%) -7.30
Date: 22/02/2012
BMC Enhances Its Remedyforce Service Desk Solution
BMC Enhances Its Remedyforce Service Desk Solution BMC, Salesforce.com and Dell expand reach of Remedyforce to provide new capabilities to the mid-market.
Date: 22/02/2012
Swedens Chicago grapples with deadly wave of shootings
Sweden's SWEDEN-KILLINGS:Sweden's "Chicago" grapples with deadly wave of shootings
Date: 22/02/2012
Motilal Oswal AMC announces launch of MOSt Shares Gold ETF
Motilal Oswal AMC announces launch of MOSt Shares Gold ETF Motilal Oswal Mutual Fund announced the launch of Motilal Oswal MOSt Shares Gold ETF (MOSt Gold Shares), an open ended exchange traded fund that invests in gold bullion.
Date: 22/02/2012
Expect Crude to trade with a sideways bias today: Angel
Expect Crude to trade with a sideways bias today: Angel Angel Commodities has come out with its report on international commodities. According to the research firm crude oil prices are expected to trade with a sideways bias today, taking mixed cues from mixed sentiments in the markets, a stronger dollar and supply concerns from Iran.
Date: 22/02/2012
Malware Surpassed 75 Million Samples In 2011: McAfee
Malware Surpassed 75 Million Samples In 2011: McAfee McAfee Q4 Threats Report shows Malicious sites nearly double, while mobile malware continues to grow.
Date: 22/02/2012
All stakeholder groups want multi-brand retail FDI Sources
Rituparna Bhuyan Sources tell CNBC-TV18 that DIPP has completed the stakeholder consultations on FDI in multi-brand retail and all stakeholders are in support of the FDI.
Date: 22/02/2012
Attrition hits Indian retail sector What went wrong?
Farah Bookwala On one hand, rising purchasing power and robust consumption is giving the sector an adrenaline rush, but on the other, spiraling attrition rate is acting as a big dampener, report CNBC-TV18’s Farah Bookwala and Supraja Srinivasan.
Date: 22/02/2012
Market crashes after 16-day run up: Heres what bled the most
Market crashes after 16-day run up: Here''s what bled the most Market crashes after 16-day run up: Here''s what bled the most
Date: 22/02/2012
Google working on computerized glasses in labs
Google working on computerized glasses in labs Google is reported to be working on a pair of glasses that will eliminate the need for users to constantly whip out ...
Date: 22/02/2012
Euro zone teetering on brink of recession
Euro zone teetering on brink of recession The euro zone economy is in danger of tipping into recession, with the services sector shrinking this month along with manufacturing, tempering a wave of optimism after a new bailout deal for Greece struck this week.
Date: 22/02/2012
Maserati`s mass market approach
Maserati`s mass market approach Maserati's mass market approach
Date: 22/02/2012
Bloodbath on Dalal Street: Is it time to book profits now?
Bloodbath on Dalal Street: Is it time to book profits now? It was bloodbath on Dalal Street. The Indian market corrected very sharply. Experts feel there could be further downside. They are cautious on the market now and are advising investors to book profits.
Date: 22/02/2012
Listen in: 10 stocks to keep on your radar this morning
Listen in: 10 stocks to keep on your radar this morning Global financial markets that had long been captivated by the Greek debacle certainly didn't register any bouts of relief. And back home, it was a stable session on Dalal Street. The Nifty closed above 5,600 for the first time since July 25, 2011.
Date: 22/02/2012
Market Watch: Should you buy or sell these stocks today?
Market Watch: Should you buy or sell these stocks today? Global markets avoided a strong reaction post Greece's second tranche of funding. So how will we fare today? Read on for more...
Date: 22/02/2012
BSE launches Greenex, Indias first energy efficient index
- The Bombay Stock Exchange launched India's first carbon efficient index on Wednesday, aiming to provide a benchmark for socially aware investors.
Date: 22/02/2012
Panel sees FY12 GDP growth at 7.1 pct; pick-up likely in FY13
- India's economy is expected to pick up in the fiscal year starting on April 1 after clocking its slowest annual growth in three years, but reforms will be needed to maintain the momentum, a government advisory panel said on Wednesday.
Date: 22/02/2012
Rupee ends up as inflows offset dollar demand
The rupee ended 0.2% stronger at 49.22/23 to the dollar. It moved in a band of 49.1650-49.3050 intraday
Date: 22/02/2012
Birla Sun Life FTP Series CQ: Dividend Declaration
Birla Sun Life Mutual Fund has announced dividend under dividend option of Birla Sun Life FTP Series CQ. The quantum of dividend will be Rs.0.9653 per unit.The record date has been fixed as February 27, 2012.
Date: 22/02/2012
Pramerica Power SIP Introduced in Pramerica Dynamic Fund
Pramerica Mutual Fund has introduced SIP facility in Pramerica Dynamic Fund through Pramerica Power SIP, with effect from February 24, 2012.Presently, investors have to invest lump sum amount in Pramerica Ultra Short Term Bond Fund and with the help of Pramerica Multiplier, a calculated amount would be invested in Pramerica Equity Fund. Now, Investors will get one more option of transferring SIP amount to Pramerica Dynamic Fund instead of Pramerica Equity Fund.
Date: 22/02/2012
AIG India Treasury Fund: Change in Face Value
AIG Global Investment Group Mutual Fund has changed the face value of AIG India Treasury Fund, with effect from March 2, 2012. Now, the face value will be changed from Rs.10 per unit to Rs. 1000 per unit.
Date: 22/02/2012
Escorts Income, Short-term Debt, Income Bond Fund: Dividend Declaration
Escorts Mutual Fund has announced dividend under the dividend option of Escorts Income, Escorts Short-term Debt, Escorts Income Bond Fund. The quantum of dividend will be Rs.0.07 per unit for Escorts Income, Rs.0.11 per unit Escorts Short-term Debt and Rs.0.10 per unit for Escorts Income Bond Fund.The record date has been fixed as February 28, 2012.
Date: 22/02/2012
Reliance FHF XX Series 4: Dividend Declaration
Reliance Mutual Fund has announced dividend under the dividend payout option of Reliance FHF XX Series 4. The quantum of dividend will be the entire distributable surplus as on the record date.The record date has been fixed as February 27, 2012.
Date: 22/02/2012
Franklin Templeton FTF Series XIII Plan A & Series XV: Dividend Declaration
Franklin Templeton Mutual Fund has announced dividend under the dividend option of Franklin Templeton FTF Series XIII - Plan A & Franklin Templeton FTF Series XV. The quantum of dividend will be Rs.0.440 per unit for Series XIII - Plan A and Rs.0.396 per unit for Series XV. The dividend mentioned here are net to individuals and HUFs.The record date has been fixed as March 2, 2012.
Date: 22/02/2012
ICICI Pru FMP Series 55 - 1 Year Plan D & ICICI Pru MIP: Dividend Declaration
ICICI Prudential Mutual Fund has announced dividend under the dividend option of ICICI Pru FMP Series 55 - 1 Year Plan D & ICICI Pru MIP. The quantum of dividend will be the entire distributable surplus as on the record date. The dividend declaration under half yearly dividend option of ICICI Pru MIP will be Rs.0.6195 per unit.The record date has been fixed as February 27, 2012.
Date: 22/02/2012
UTI Monthly Interval Plan I: Dividend Declaration
UTI Mutual Fund has announced dividend under the dividend option of retail as well as institutional plan of UTI Monthly Interval Plan I. The quantum of dividend will be 100% of the distributable surplus as on the record date.The record date has been fixed as February 27, 2012. The Specified Transaction Period will be on February 27, 2012 and February 28, 2012.
Date: 22/02/2012
Kotak FMP Series 35: Dividend Declaration
Kotak Mutual Fund has announced dividend under the dividend option of Kotak FMP Series 35. The quantum of dividend will be the entire distributable surplus as on the record date.The record date has been fixed as February 27, 2012. This scheme would also mature on the same day.
Date: 22/02/2012
SBI Debt Fund Series - 90 Days - 52: Dividend Declaration
SBI Mutual Fund has announced dividend under the dividend option of SBI Debt Fund Series 90 Days - 52. The quantum of dividend will be the entire distributable surplus as on the records date.The record date has been fixed as February 27, 2012. This scheme will also mature on the same day.
Date: 22/02/2012
IDFC FMP Yearly Series 38 & IDFC Classic Equity Fund: Dividend Declaration
IDFC Mutual Fund has announced dividend under the dividend option of IDFC FMP Yearly Series 38 & IDFC Classic Equity Fund. The quantum of dividend will be the entire distributable surplus as on the record date for IDFC FMP Yearly Series 38. While it will be Rs.1.20 per unit for IDFC Classic Equity Fund.The record date has been fixed as February 27, 2012.Earlier, IDFC Classic Equity had declared a dividend of Rs.2 per unit in February 2011.
   
 
 
 
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