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  • Kotak | The Financial Express
    Maruti Suzuki Ignis Baleno RS unveiled Auto Expo 2016 Toyota Innova Crysta MPV makes its India debut Auto Expo 2016 New Hyundai Tucson SUV revealed In the news PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 India s biotech moment A made in India Zika virus vaccine Sanam Teri Kasam collections at Rs 1 25 cr Valentine s Day booster shot missing New Mahindra cars at the Delhi Auto Expo 2016 From Real Madrid to Chelsea Know the top 10 richest clubs Earthquake in Taiwan Magnitude 6 4 quake kills 14 over 100 missing scores injured in Tainan Real Madrid s Cristiano Ronaldo 31 soccer star and entrepreneur All you need to know in 8 slides How Zika virus infection can spread From mosquito bites to urine transmission top 5 points to note International Fleet Review 2016 President Pranab Mukherjee reviews naval fleet Asteroid TX68 to pass by Earth on March 5 at 9 000 17 000 km distance NASA Earthquake in Nepal 5 5 magnitude quake injures 15 tremors rock Bihar too Horoscope By Peter Vidal Today 08 Feb This Week 07 Feb 13 Feb SAGITTARIUS Your choices are perfectly clear Loved ones or close companions may be unreasonable but there is probably no escape from emotional tension What you can do however is make a conscious decision to treat all differences of read more Home Markets 2016 02 07 10 49 39 Outlook GDP data Q3 earnings to set market tone GDP IIP and consumer inflation will dictate market movement this week say experts while blue chips SBI and ONGC are also lined up to release their third quarter earnings numbers Sensex end 278 points up on value buying Lupin Vedanta shares surge Top 10 stocks that trended in today s trade Jindal Steel Lupin and more RBI to buy back inflation indexed bonds maturing in 2023 Mutual Fund AUM falls for third straight month in January Companies 2016 02 07 11 47 07 India Post to invest Rs 322 crore to augment parcel capacity In a bid to strengthen its position in the e commerce market India Post has proposed to invest Rs 322 crore till 2019 20 to augment parcel handling capacity through which it projects to earn a revenue of Rs 1 608 crore Facebook bans pages selling medical marijuana in US Aamir Khan loses Snapdeal contract Lupin Q3 net profit dips 12 per cent to Rs 530 crore BSE Institute announces launch of new zone for startups Economy 2016 02 06 19 54 52 Arun Jaitley asks states to step up infra social sector spending Finance Minister Arun Jaitley today said he expects states to increase spending on infrastructure and poverty alleviation schemes as the 14th Finance Commission has devolved higher funds to them Govt approves Rs 17 000 cr highway projects for 9 states Open to idea of separate mechanism for broadcasting cases

    Original URL path: http://www.financialexpress.com/author/kotak/ (2016-02-07)
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  • Valuation of Torrent Pharma attractive: Nomura | The Financial Express
    18 during FY16F FY17F in our estimates The stock trades at 21 4x FY17F and 17 5x FY18F base EPS EPS ex non sustainable US opportunities of Rs 63 2 and 77 4 respectively We find the valuation attractive given the strong domestic business and a strong balance sheet First Published on February 6 2016 12 05 am Please Wait while comments are loading Calculators Tax Calculator House Loan Calculator Financial Planner Inflation Planner Pension Calculator Employee PF Calculator Equity Screener Auto Loan Retirement Plan Savings Investment Guidance Videos BMW 7 series Merc S600 showcased at Auto Expo 2016 Auto Expo 2016 Maruti Suzuki Ignis Baleno RS unveiled Auto Expo 2016 Toyota Innova Crysta MPV makes its India debut Auto Expo 2016 New Hyundai Tucson SUV revealed Galleries IPL 9 auction Market Capitalisation Employment index Vegetable oil import BSE Sensex more PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 New Mahindra cars at the Delhi Auto Expo 2016 In the news PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 India s biotech moment A made in India Zika virus vaccine Sanam Teri Kasam collections at Rs 1 25 cr Valentine s Day booster shot missing New Mahindra cars at the Delhi Auto Expo 2016 From Real Madrid to Chelsea Know the top 10 richest clubs Earthquake in Taiwan Magnitude 6 4 quake kills 14 over 100 missing scores injured in Tainan Real Madrid s Cristiano Ronaldo 31 soccer star and entrepreneur All you need to know in 8 slides How Zika virus infection can spread From mosquito bites to urine

    Original URL path: http://www.financialexpress.com/article/markets/indian-markets/valuation-of-torrent-pharma-attractive-nomura/207990/ (2016-02-07)
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  • MFs’ AUMs shrink by Rs 1,121 crore in Jan | The Financial Express
    there is nervousness among investors but at the same time they are waiting for right time to enter the markets Despite fall in markets equity still remains attractive compared to gold or real estate we are hopeful that fund flows will continue to remain positive even if there is volatility in the markets CEO of a leading fund house said Crisil said for income funds AUMs climbed 3 or Rs 166 billion to Rs 5 72 trillion driven by inflows and mark to market gains January saw an inflow of R150 billion which is a rebound considering that in December 2015 there was an outflow of Rs 258 75 billion AUMs of liquid funds edged up 1 6 or Rs 37 32 billion to Rs 2 37 trillion aided by net inflows of Rs 24 55 billion First Published on February 6 2016 12 04 am Please Wait while comments are loading Calculators Tax Calculator House Loan Calculator Financial Planner Inflation Planner Pension Calculator Employee PF Calculator Equity Screener Auto Loan Retirement Plan Savings Investment Guidance Videos BMW 7 series Merc S600 showcased at Auto Expo 2016 Auto Expo 2016 Maruti Suzuki Ignis Baleno RS unveiled Auto Expo 2016 Toyota Innova Crysta MPV makes its India debut Auto Expo 2016 New Hyundai Tucson SUV revealed Galleries IPL 9 auction Market Capitalisation Employment index Vegetable oil import BSE Sensex more PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 New Mahindra cars at the Delhi Auto Expo 2016 In the news PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 India s biotech

    Original URL path: http://www.financialexpress.com/article/markets/indian-markets/mfs-aums-shrink-by-rs-1121-crore-in-jan/207989/ (2016-02-07)
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  • IPAB orders grant of GI tag for Basmati within four weeks | The Financial Express
    affording reasonable opportunity to both sides and by receiving any further evidence from both sides and pass an order in accordance with the law within the period of six months from the date of receipt of the order copy of this bench Coming down heavily on the assistant registrar for not considering the documents and evidence filed by Apeda while arriving at a decision to the effect that MP needs to be included the IPAB said that the impugned order was with infirmities and illegalities The tribunal said that the findings were not only erroneous but also rendered in flagrant violation of the principles of natural justice At the risk of repetition it is to be reiterated that the assistant registrar has placed reliance only on the basis of the evidence relied by the entities from MP and the said evidence were not at all tested and analysed in a proper manner by comparing such evidence with that of the counter claim and evidence produced by Apeda and their evidence have been simply brushed aside and over looked the bench said The IPAB bench has also dismissed a plea by the Basmati Growers Association BGA Pakistan which was joined as a party in the case It is for the BGA to agitate their rights and establish their claims before the High Court of Sindh at Karachi The appellant without taking steps to substantiate their claim in respect of Basmati rice in their country namely Pakistan there is no justification for them to intervene and interfere in the proceedings initiated by Apeda in respect of getting GI tag for Basmati rice covering the areas within the territory of India as specified in the maps filed along with the GI application the IPAB said Apeda had filed an application with the GI Registry to register the name Basmati for rice covering geographies under Indo Gangetic plain such as Punjab Haryana Delhi Himachal Pradesh Uttarakhand parts of Uttar Pradesh and Jammu Kashmir omitting Madhya Pradesh triggering protest from Daawat Foods and farmers from the state as well as opposition from the state government itself Following opposition from various quarters the assistant registrar has asked the Apeda to file an amended application incorporating uncovered states including Madhya Pradesh against which Apeda moved the IPAB with an appeal The Case The Intellectual Property Appellate Board IPAB has directed the registrar of geographical indications GI to issue a certificate of GI for Basmati rice in India within four weeks considering the original application filed by the Agricultural and Processed Food Products Export Development Authority The IPAB has also asked the registrar to consider the plea of the stakeholders from Madhya Pradesh for inclusion in the geographical area afresh this was the trigger for litigation taking into account fresh documents and other evidence First Published on February 6 2016 12 03 am Please Wait while comments are loading Calculators Tax Calculator House Loan Calculator Financial Planner Inflation Planner Pension Calculator Employee PF Calculator Equity Screener Auto Loan

    Original URL path: http://www.financialexpress.com/article/markets/commodities/ipab-orders-grant-of-gi-tag-for-basmati-within-four-weeks/207988/ (2016-02-07)
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  • Sajan C Kumar | The Financial Express
    technology and search engine major Google for its claimed invention regarding a computer implemented method for providing hypertext to mobile phones Pfizer s arm Hospira secures Indian patent for drug In February Pfizer had announced the 17 billion takeover of Hospira Banking on a partner Cholamandalam gets ready to go digital Cholamandalam hopes to be able to help customers transition from cash to digital payments Apple Inc gets India patent for compact antenna in mobile phones The patent filing mentioned Zhang Zhijun a Chinese citizen and Caballero Ruben a Canadian citizen as the inventors The first examination report was issued on February 20 2014 and the response to FER was filed on January 15 2015 Patent office rejects Google invention on improving online ads with audio Google has also informed the patent office about its new found disinterest in the subject matter just barely a month after it appeared for a hearing to push the application To run small bank Equitas looks to pare foreign holding from 93 to below 50 To begin with Equitas will merge its three subsidiaries micro finance housing finance and non banking finance company into one entity Fortis rolls out bolt on model to strengthen India footprint Fortis claimed to be the country s second largest health care company has reduced its debt from a high of Rs 7 000 crore to close to Rs 1 000 crore Funds crunch may hurt Chennai Metro expansion With the nod from the Madras High Court tunnelling work for the metro project can begin soon TN investors meet Top corporates commit over Rs 30 000 cr The country s top industrial houses including Adani Group HCL MRF and ITC among others have pledged investments worth over Rs 30 000 crore in Tamil Nadu Tamil Nadu Global Investors Meet Top corporate houses commit over Rs 30 000 cr investment in Tamil Nadu The country s top industrial houses including Adani Group HCL MRF and ITC among others have pledged investments worth over Rs 30 000 crore in Tamil Nadu 1 2 3 4 Editor s Pick How Zika virus infection can spread From mosquito bites to urine transmission top 5 points to note From Real Madrid to Chelsea Know the top 10 richest clubs New Mahindra cars at the Delhi Auto Expo 2016 Videos BMW 7 series Merc S600 showcased at Auto Expo 2016 Auto Expo 2016 Maruti Suzuki Ignis Baleno RS unveiled Auto Expo 2016 Toyota Innova Crysta MPV makes its India debut Auto Expo 2016 New Hyundai Tucson SUV revealed In the news PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 India s biotech moment A made in India Zika virus vaccine Sanam Teri Kasam collections at Rs 1 25 cr Valentine s Day booster shot missing New Mahindra cars at the Delhi Auto Expo 2016 From Real Madrid to Chelsea Know the top 10 richest clubs

    Original URL path: http://www.financialexpress.com/author/sajan-c-kumar/ (2016-02-07)
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  • Onion exports touch 1.5 Lakh tonne per month after removal of curbs | The Financial Express
    is being exported to the Far East West Asi and Sri Lanka Shah said the market is a bit on the lower side and prices were down but exports were doing well Wholesale onion rates at Lasalgaon the country s biggest hub for onion trade came down to R850 per quintal on Friday the season s lowest so far A couple of days ago modal onion prices came down to R900 per quintal Onion arrivals have also improved to some 18 000 quintals R P Gupta director National Horticultural Research and Development Foundation NHRDF said earlier that onion prices have been continuously falling from October as there was a spike in supplies with the arrival of the late kharif onion crop Overall onion production during the current year 2015 16 is expected to be improve by around 10 15 in the country subject to favourable weather conditions the latest report of the NHRDF states According to the report transplanting of Rabi onion seedlings in Maharashtra has begun from from mid December 2015 and will continue till the end of January 2016 The transplanting of onion seedlings in other states especially in northern states expected to start from mid January which will continue till end of February The area under rabi season onion therefore is expected to be more by 15 20 Moreover this season there has been an overlapping of the kharif and late kharif crop and this has affected arrivals The harvesting of the kharif onion crop in the states of Maharashtra Gujarat Rajasthan Madhya Pradesh and Bihar is in full swing and the arrivals of onion in major markets has increased The quality of the onions coming to the markets is also very good the report notes First Published on February 6 2016 12 02 am Please Wait while comments are loading Calculators Tax Calculator House Loan Calculator Financial Planner Inflation Planner Pension Calculator Employee PF Calculator Equity Screener Auto Loan Retirement Plan Savings Investment Guidance Videos BMW 7 series Merc S600 showcased at Auto Expo 2016 Auto Expo 2016 Maruti Suzuki Ignis Baleno RS unveiled Auto Expo 2016 Toyota Innova Crysta MPV makes its India debut Auto Expo 2016 New Hyundai Tucson SUV revealed Galleries IPL 9 auction Market Capitalisation Employment index Vegetable oil import BSE Sensex more PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 New Mahindra cars at the Delhi Auto Expo 2016 In the news PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 India s biotech moment A made in India Zika virus vaccine Sanam Teri Kasam collections at Rs 1 25 cr Valentine s Day booster shot missing New Mahindra cars at the Delhi Auto Expo 2016 From Real Madrid to Chelsea Know the top 10 richest clubs Earthquake in Taiwan Magnitude 6

    Original URL path: http://www.financialexpress.com/article/markets/commodities/onion-exports-touch-1-5-lakh-tonne-per-month-after-removal-of-curbs/207987/ (2016-02-07)
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  • Nanda Kasabe | The Financial Express
    pending dues for the 2014 15 season Indian scientists to visit Japan to tap cane technology A team of scientists from Vasantdada Sugar Institute VSI in Pune and the Indian Council of Agricultural Research s Sugarcane Breeding Institute will be visiting Japan Maharashtra State Cooperative Bank increases valuations for sugar With sugar prices firming up the Maharashtra State Cooperative Bank MSCB on Friday decided to revise valuations on sugar pledged by mills Maharashtra sugar mills get govt circulars to participate in exports Sugar exports are likely to slow down as the jump in domestic prices over the last few days has discouraged mills from signing new export deals despite a government mandate for overseas sales CCI may not need to procure cotton for the rest of the season Prices have moved above the minimum support price level in most states and farmers are selling to private players Onion prices rise after Centre removes MEP restrictions Wholesale onion prices at Lasalgaon the country s largest wholesale onion hub rose by around Rs 200 300 per quintal over the long weekend to average at Rs 1 351 per quintal Maharashtra workers call off agitation after millers agree to interim relief Sugar factory workers in Maharashtra have called off their strike after the Maharashtra State Cooperative Sugar Factories Federation Cold condition likely to affect grape output Dipping temperature in Nashik one of the biggest grape growing regions in the country is likely to impact growth of the fruit and the overall production for the season Govt agencies cotton procurement dips on Gujarat bonus announcement Procurement by government appointed agencies Maharashtra State Cooperative Cotton Growers Marketing Federation MSCCGMF and the Cotton Corporation of India CCI has decreased drastically soon after Gujarat announced a bonus for cotton farmers Maharashtra sugar mills agree to give interim relief to workers The Maharashtra State Cooperative Sugar Factories Federation MSCSFF on Wednesday decided to give some interim relief to factory employees FRP payments Maharashtra sugar mills get notices may lose licences Sugar mills in Maharashtra that have failed to make full fair and remunerative price FRP payments for the season of 2014 15 find themselves being increasingly cornered 1 2 3 4 5 6 7 8 9 Editor s Pick How Zika virus infection can spread From mosquito bites to urine transmission top 5 points to note From Real Madrid to Chelsea Know the top 10 richest clubs New Mahindra cars at the Delhi Auto Expo 2016 Videos BMW 7 series Merc S600 showcased at Auto Expo 2016 Auto Expo 2016 Maruti Suzuki Ignis Baleno RS unveiled Auto Expo 2016 Toyota Innova Crysta MPV makes its India debut Auto Expo 2016 New Hyundai Tucson SUV revealed In the news PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 India s biotech moment A made in India Zika virus vaccine Sanam Teri Kasam collections at Rs 1 25 cr Valentine s

    Original URL path: http://www.financialexpress.com/author/nanda-kasabe/ (2016-02-07)
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  • SEBI Grants Licence to Mahindra Mutual Fund | The Financial Express
    for the Mahindra Mutual Fund We believe that investors in these markets have an even greater savings potential than urban markets but they do not have either the access or awareness of market related financial instruments such as mutual funds So our task will be to create access and awareness With the proven success and strength of the relationships that Mahindra Finance already has we believe that we are well poised to take this business forward in same markets About Mahindra Mahindra Financial Services Limited Mahindra Mahindra Financial Services Limited Mahindra Finance part of the Mahindra Group is one of India s leading non banking finance companies Focused on the rural and semi urban sector the Company has over 4 million customers and has an AUM of 6 billion The Company is a leading vehicle and tractor financier and also offers fixed deposits and loans to SMEs The Company has over 1 100 offices across the country and is the first finance Company from India to form a part of Dow Jones Sustainability Index The Company s Insurance Broking subsidiary Mahindra Insurance Brokers Limited MIBL is a licensed Composite Broker providing Direct and Reinsurance broking services Mahindra Rural Housing Finance Limited MRHFL a subsidiary of MMFSL provides loans for purchase renovation construction of houses to individuals in the rural areas of the country The Company has a JV in US Mahindra Finance USA in partnership with De Lage Landen a subsidiary of Rabo Bank for financing Mahindra tractors in US About Mahindra The Mahindra Group focuses on enabling people to rise through solutions that power mobility drive rural prosperity enhance urban lifestyles and increase business efficiency A 16 9 billion multinational group based in Mumbai India Mahindra provides employment opportunities to over 200 000 people in over 100 countries Mahindra operates in the key industries that drive economic growth enjoying a leadership position in tractors utility vehicles information technology financial services and vacation ownership In addition Mahindra enjoys a strong presence in the agribusiness aerospace components consulting services defence energy industrial equipment logistics real estate retail steel commercial vehicles and two wheeler industries In 2015 Mahindra Mahindra was recognized as the Best Company for CSR in India in a study by the Economic Times In 2014 Mahindra featured on the Forbes Global 2000 a comprehensive listing of the world s largest most powerful public companies as measured by revenue profit assets and market value The Mahindra Group also received the Financial Times Boldness in Business Award in the Emerging Markets category in 2013 First Published on February 5 2016 10 19 pm Please Wait while comments are loading Calculators Tax Calculator House Loan Calculator Financial Planner Inflation Planner Pension Calculator Employee PF Calculator Equity Screener Auto Loan Retirement Plan Savings Investment Guidance Videos BMW 7 series Merc S600 showcased at Auto Expo 2016 Auto Expo 2016 Maruti Suzuki Ignis Baleno RS unveiled Auto Expo 2016 Toyota Innova Crysta MPV makes its India debut Auto Expo 2016 New Hyundai Tucson SUV

    Original URL path: http://www.financialexpress.com/article/markets/indian-markets/sebi-grants-licence-to-mahindra-mutual-fund/207947/ (2016-02-07)
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