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Month: February 2010

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Jubilant Foodworks’ Listing Gains at 58%

A stock out of nowhere propelled to new highs today (ok, technically anything is a new high for a freshly listed stock). A 58% listing gain saw Jubilant ...

Network18 lays off 350 more

From Suchetadalal.com: Media and entertainment company Network18 Media and Investments Ltd, which has been pumping money into its cash-strapped, loss-making ...

Railway Bonds at 7.25% Tax Free!

From the Times: The finance ministry on Monday approved issue of bonds by railways worth Rs 5,000 crore for the financial year ending March 31, 2010. The bonds ...

Dividend in ELSS Funds Have An Advantage

Is it worth putting money into ELSS funds as they announce a dividend? HDFC Long Term Advantage Fund just announced a “37.5% dividend”. The real yield is ...

Economic Recovery not strong enough: Mint

Mint: December quarter results indicate weak economic recovery: The results show that sequential sales growth in the December 2009 quarter, while certainly ...

Primary Articles Inflation at 14.56%

Inflation at the Wholesale Price Index Level (WPI) for all commodities is now only announced once a month. Only one part of it – Primary Articles, which ...

Reader Comment: India’s Rating The Same as Iceland?

Reader Ramaiah comments: India debt rating is BBB- which is equivalent of Iceland. Iceland is broken during the credit collapse. Is India that bad? Does it ...

NSE Introduces a Cool “Stock Watch” Feature

A neat new feature on the NSE home page is the Stock Watch feature: It shows you all stocks in some indices (Nifty, Junior Nifty, CNX IT, BankNifty and Nifty ...

Mahindra Holidays: Great Results, Tough Equations

Mahindra Holidays announced spectacular results – an EPS growth of over 100% in the quarter, to Rs. 2.83 and a nine-month EPS of Rs. 10.44. The FY 2009 EPS ...

Info Edge (Naukri) Results: Another Down Quarter

Info Edge released it’s December 2009 quarter results: A little disappointing in terms of growth, because they’ve stagnated in a way. True, the industry ...