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Popular Articles

Tushar Pradhan appointed CIO, HSBC Asset Management (India)
HSBC Asset Management (India), today announced the appointment of Tushar Pradhan as CIO of HSBC Mutual Fund from June 15. http://smallpersonalloans.org.uk

Total inflow of funds in India to be $ 40 billion in 2010: Uday Kotak
Hinting at a buoyant economy in 2010, Uday Kotak, vice chairman and managing director, Kotak Mahindra Bank Ltd said that the total inflow of funds in India, comprising of insurance, FIIs and mutual funds may touch $ 40 billion.

News of the day

Govt may ban Chinese phones
India may soon ban import of ‘Made in China’ mobile phones that lack the unique IMEI number, which helps authorities track people carrying these devices. Mobiles phones without the International Mobile Equipment Identity (IMEI) number are considered a grave security threat and concerns had been raised over their usage after terrorist attacks, like the one in Mumbai in November last year. IMEI is a 15-digit code which appears on the operator’s network whenever a call is made.
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Bajaj Hindusthan to raise Rs 2,000 cr

Bajaj Group promoted sugar major, Bajaj Hindusthan, has informed the Bombay Stock Exchange that it would raise long-term funds up to Rs 2,000 crore from the domestic or international market in one or more tranches. - Bajaj Hind back in black with Rs 69 cr Sep qtr profit - Renuka Sugars may buy stake in Balrampur Chini - Shoppers Stop to raise Rs 250 cr - Bajaj Electricals raises Rs 161 cr via QIP - EdServ Softsystems to raise $25 mn to fund expansion - ITNL to raise Rs 700 cr through IPO In a filing to the Bombay Stock Exchange, it said it would raise the funds by further issue of equity shares or securities convertible into or exchangeable with equity shares. The company took this decision during its extra ordinary general meeting held today. The company"s scrip was trading at Rs 207.75, down 1 per cent on the BSE.


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