Europe opens negative, FTSE closed, CAC (-37, 4363), DAX (-22, 6319). Asia closes positive, HangSeng (+712, 21104), Nikkei (+213, 12878). (1.50 p.m.)
Monday, August 25, 2008
Q1 GDP expection 7.7%
india to announce Q1 GDP on 29th august, mkt expectation 7.7%
Posted by MoneyBazaars at 1:20 PM 0 comments
Labels: Heard On The Street
SEBI Board To Meet Next Week To Review FII Regulations
SEBI Board To Meet Next Week To Review FII Regulations. Norms Relating To P-Notes May Be Revisited. SEBI Chief, Sections Of Board Want Review Of Norms For P-Notes KYC Norms For FIIs May Be On The Cards.Sec Lending & Borrowing Mech To Also Be Discussed.
Posted by MoneyBazaars at 12:41 PM 0 comments
Labels: Heard On The Street
NEW ANNOUNCEMENT BY IRDA
NEW ANNOUNCEMENT BY IRDA: Insurance regulator Insurance Regulatory and Development Authority (IRDA) has announced fresh investment guidelines that seek to create a level playing field between private players and LIC (Life Insurance Corporation). The biggest impact of these guidelines will be on LIC. Earlier LIC was allowed to hold up to 30% of stake in any company but now it may be able hold only up to 10%. It may have to dilute stake in companies where holding is more than 10%. LIC currently holds more than 10% in companies such as Ranbaxy, Mahindra, L&T
Posted by MoneyBazaars at 12:34 PM 0 comments
Labels: Heard On The Street
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