Fidelity India has come up with new equity fund called Fidelity India Value Fund. Lets do a review and analysis and get into finer details of the New Fund Offer.
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News
It is stated by Mr. Vineet Agarwal, President of Wipro Consumer care & Lighting as “This acquisition fits into our strategy of increasing sales and brand presence in the Middle East”.
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For almost in 12 years, credit growth has dropped to single digit, at 9.66% on a year on year basis for the first time against a growth rate of 10.75% in the last fiscal as per available data. To protect and to maintain their books, banks had parked more than Rs.133,925 Crores with RBI through reverse repo window which is normally used to suck out the excess money from the system.
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By divesting and making listing will also improve the corporate governance as it increases the pressure on the employees to scrutiny by investors.
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RBI announced its much awaited monetary policy couple of days back. It was almost in line with the market pundits expectation that the RBI would not increase the rate and as such, RBI has left all the key rates unchanged.
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Current results season has produced a spectacular picture about growth in industrial activities and services. Results of the banking sector depicts that the economy in general is maintaining its growth momentum.
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The Economic Advisory Council to the Prime Minister in its recently published assessment of the Indian economy has stated that the economy is to grow by 6.5% in the current fiscal, 2009-2010. This projection by the EAC is more optimistic than Reserve Bank of India’s prediction of 6% and also by the IMF’s prediction of 6.4%.
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What you would get with the latest announcement of Bonus Issue and Dividend from Reliance Industries.
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The energy situation in India saw some significant announcements recently. The country is expecting to raise its natural gas price by 44 percent.
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Axis Mutual Fund House will shortly be filing for both equity and debt products. These offerings should be available by October / November of this year.
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Oil India Limited ( OIL ) IPO opens on September 7th and closes on September 11th 2009 and the price band for the IPO is between Rs. 950 and Rs. 1,050.
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Islamic Bank cannot be called a Bank because of RBI guidelines but it looks like time has changed and Kerala may have first Islamic Bank Next year.
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Sundaram BNP Paribas Select Midcap Fund Declares Dividend of 10% i.e. 1 Re for each unit
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After hitting the Down Circuit Maytas Infrastructure started hitting up circuit in past few days. Something was expected and here comes the news.
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I am a very big fan of DISH TV from 2007 and now I have few more reasons to add to it.
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