Anil Dhirubhai Ambani Group firm Reliance Capital said on Monday it has acquired a 5 per cent stake in Network 18, the group holding company of broadcasters TV18 and GBN.
'Indian stocks are richly priced relative to their emerging market peers'
Twenty-three of the 31 stocks in his publicly disclosed portfolio consist small-cap stocks. jhunjhunwala's portfolio rose 15.2% in Q3.
Their top three holdings include Infosys, BHEL and ACC. \n
Venu Srinivasan, CMD of TVS Motor, believes that margin pressures will continue due to raw material costs. He further states that the company hopes to maintain gross margins in FY07.
Suven Life Sciences Ltd has signed an agreement with US-based pharmaceutical firm Eli Lilly and Company to carryout pre-clinical research for central nervous system disorder.
Soumendra Nath Lahiri, senior VP, Equities, at DSP Merrill Lynch, says that they have maximum midcap exposure to media and IT in Opportunities Fund. The company has increased exposure to Mastek and Deccan Chronicle, he adds.
Aditya Mittal, the son of LN Mittal, the family that pulled off the audacious Arcelor acquisition just last year proves that a businessman of Indian origin can actually rule the world.
Banking sector veteran N C Vaghul says that the finance minister's step is neither positive nor regressive. He feels that banks and the finance ministry need to find a middle path. \n
Global head honchos of Ernst and Young are bullish on India's success story.
FMCG analyst at SSKI Nikhil Vora believes that the next round of growth for the FMCG sector will get powered by a lot of front-ended investment by companies.
Vasudeo Joshi of Man Financial says that numbers posted by Reliance was slightly below expectations. According to their full-year estimates, EPS is expected at Rs 70 for Reliance.
S Ramadorai, chief executive officer and managing director, Tata Consultancy Services does not anticipate a slowdown in the IT sector. He sees the business momentum continuing.
The Prime Minister's call for austerity has taken corporate India off guard. MD & CEO, ICICI Bank, KV Kamath discusses the Prime Minister's comments and other issues facing the industry.
A leading newspaper group in Delhi is keen to list a planned new company on the Alternative Investment Market of the London Stock Exchange.
Commerce and Industry Minister Kamal Nath has announced the annual supplement to the Foreign Trade Policy.
The small investors must heed the advice of mutual funds and remain invested.
The government planned to borrow 10-15 per cent of the total borrowing offshore. That works out to at least Rs 71,000 crore, or about $10.4 billion at Friday's exchange rate.
The fall has nothing to do with the Budget
How are hedge funds viewing India currently and what is their strategy for markets here right now? \n\n
In an exclusive CNBC-TV18 interview, emerging market guru and CIO of Templeton Asset Management, Mark Mobius, gives his take on emerging markets.
Sunil Kashyap, MD, Scotia Mocatta, believes that the downside in gold prices is seen limited to $550 levels.
Raamdeo Agarwal of Motilal Oswal Securities believes that the current market valuations are fair. He feels that the market is still buoyant and the sentiment will remain positive.
Mutual Funds added more than 7 lakh investors into equity schemes in August. Despite this, redemptions out-weighed investments in equity funds.
OPEC members are meeting at Vienna on Monday. Jason Feer of Argus Media thinks that the fear as to how far the oil prices could drop would be uppermost on the minds of the ministers meeting in Vienna.
Market is in an uptrend and there are no signs of exhaustion
usiness with British Telecom will grow, but the proportion will come down
On the fundamental side I could see prices continuing to dip
Deccan Gold Mines is a speculative pick in the gold mining sector
The government and the Reserve Bank of India is moving in the right direction to curb the inflationary expectations
Richard Lucas, renewable energy analyst at Ambrian Partners, says that as oil prices shot up, speculators got very excited about sugar, which drove the price up beyond what it should have gone to, but the long-term view of sugar is very positive.
Rolls-Royce is banking on India's new millionaires.
