Rajesh Abraham &Amp; Ashutosh Joshi In Mumbai

Stories by Rajesh Abraham &Amp; Ashutosh Joshi In Mumbai

India Inc set to raise Rs 1 lakh crore

India Inc set to raise Rs 1 lakh crore

Rediff.com   23 Jun 2007

A back-of-the-envelope calculation suggests that the total mobilisation through share issues (including rights, initial and follow-on issues) will be at least Rs 1.04 lakh crore (Rs 1.04 trillion).

Billionaires bet big on India's bio-fuel

Billionaires bet big on India's bio-fuel

Rediff.com   23 Jun 2007

India's well-known investors who are known for their Midas touch have spotted an opportunity in bio-fuel, betting big on ethanol, bio-mass and even bio-fuel equipment makers in India and other parts of the globe.

Lehman, others vie for Brics' broking business

Lehman, others vie for Brics' broking business

Rediff.com   21 Jun 2007

International brokerages, especially those which have made recent entry into the domestic market, are lining up to acquire the institutional broking business of the city-based Brics Securities.

You may soon get to buy foreign MFs

You may soon get to buy foreign MFs

Rediff.com   20 Jun 2007

The domestic mutual funds such as Reliance Mutual Fund and Tata Asset Management Company are in advanced talks with global fund houses and investment advisors, in an attempt to offer global investment products to their Indian investors.

Tax-wary Indian firms rush to Isle of Man

Tax-wary Indian firms rush to Isle of Man

Rediff.com   11 Jun 2007

After a plethora of mergers and acquisitions, domestic firms are finding the European island a suitable place to set up subsidiaries to carry out global buyouts.

MFs corner Rs 1 trn assets in  9 months

MFs corner Rs 1 trn assets in 9 months

Rediff.com   8 Jun 2007

The Indian mutual fund industry's assets under management race from Rs 3 trillion to Rs 4 trillion has come in just nine months.

Over 500 DLF investors lose bonanza

Over 500 DLF investors lose bonanza

Rediff.com   7 Jun 2007

Over 500 minority shareholders of realty major DLF have missed out on a once-in-a-lifetime opportunity to become 'crorepatis' overnight.

26,100 acres for DLF's SEZs

26,100 acres for DLF's SEZs

Rediff.com   2 Jun 2007

India's biggest realty firm, DLF is betting on special economic zones (SEZs). The zones will cover an area of 26,100 acres and the company expects to take control of the land in the next two years.

China tax shocker may divert FII flows to India

China tax shocker may divert FII flows to India

Rediff.com   31 May 2007

Indian bourses are likely to benefit from higher foreign fund flows as cracks appeared in the Chinese stock markets after the government tripled the tax on securities transactions to cool a rally.

'Inflation curbs counter-productive for realty'

'Inflation curbs counter-productive for realty'

Rediff.com   30 May 2007

Raghavendra Kamath and Ashutosh Joshi spoke to Kushal Pal Singh on the growth of Indian realty story and issues surrounding it.

SIPs do the trick for funds

SIPs do the trick for funds

Rediff.com   29 May 2007

Systematic investment plans, through which mutual fund investors put a fixed sum into MF schemes, are proving to be engines of growth for fund houses with the number of SIP investors growing nearly three times since last year.

MFs to get rich with inflows from PSUs

MFs to get rich with inflows from PSUs

Rediff.com   18 May 2007

Mutual funds are set to bag a huge chunk of the nearly Rs 3,05,000 crore cash reserves of the public sector companies.

RIL to raise $2 bn via 10-year loan

RIL to raise $2 bn via 10-year loan

Rediff.com   16 May 2007

Reliance Industries Limited, the country's largest private sector company, is raising $2 billion through a 10-year overseas syndicated loan for funding its oil and gas exploration in the D6 block of the Krishna-Godawari basin.

PNs grow 70% in 1 year

PNs grow 70% in 1 year

Rediff.com   10 May 2007

But contrary to conventional wisdom, the share of hedge funds in total PN investments in the Indian stock markets could be as little as 8-9 per cent.

Murdoch plans to launch <i>Sun</i> with Sun group

Murdoch plans to launch Sun with Sun group

Rediff.com   9 May 2007

The Sun, the flagship publication of Murdoch's News Corporation, is in talks with Maran's Sun group to launch an English tabloid in the country.

Sebi cracks whip on FMPs exposure to FDs

Sebi cracks whip on FMPs exposure to FDs

Rediff.com   4 May 2007

As much as Rs 3,204 crore (Rs 32.04 billion) of bank deposits by mutual funds will move out of the banking system from mid-July following a new rule

Equity investors beat mutual fund returns in April

Equity investors beat mutual fund returns in April

Rediff.com   1 May 2007

The investors who put their money directly in index-specific stocks scored over those who invested in mutual funds in April, as most fund houses gave returns of 5-6 per cent while the benchmark BSE Sensex rose by about 12 per cent in the month.

How best to read an IPO document

How best to read an IPO document

Rediff.com   1 May 2007

Investing in IPOs is not an easy task, especially when we see a lot of them list lower than the issue price

IPO scam: Promoters' role under scanner

IPO scam: Promoters' role under scanner

Rediff.com   28 Apr 2007

"Our order (over share price manipulation on listing day) is only interim in nature. We are probing further and you can expect more orders in this case," said the official on condition of anonymity.

Investors eye markets abroad

Investors eye markets abroad

Rediff.com   20 Apr 2007

They prefer foreign markets owing to comparatively lower margins than Indian exchanges.