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Month: April 2016

9 / 9

VLS Finance sells stake in Relaxo Footwear to Jwalamukhi Investment

Relaxo Footwear Relaxo Footwears Limited commenced its journey with the manufacture of Hawaii slippers. It has now grown into a large-scale entrepreneurship ...

Tata Steel UK Shutsdown – What Happened? – Impact on Steel Industry

On March 29, Tata Steel announced that they would be looking to restructure its UK operations, with a view to sell of the Tata Steel UK division. The ...

Premium: What We Think Will Happen In The RBI Policy

RBI comes out with the monetary policy at 11AM. Here’s a quick note on what we think will happen. P.S. These notes reflect our views prior to the policy ...

Nomura Singapore reduces stake in Infibeam from 5.67% to 4%

Infibeam The company is one of India’s leading e-commerce setups. They own and operate the Infibeam BuildaBazaar (BaB) e-commerce marketplace, which provides ...

Momentum Portfolio: We Add [Stock] As Footwear Stocks Surge

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Economy: Manufacturing PMI At Highest Rate of Expansion in 8 Months

India’s Purchasing Manager’s Index for Manufacturing (by Markit) has gone up to an 8 month high at 52.4 – anything above 50 means expansion ...
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Marginal Cost of funds based Lending Rate – Banks Change Base rates

From April 1 2016, Banks have a new thing to tell you: Loans linked to the MCLR. The base rate will now no longer be the rate at which you get a loan. We at ...

Nifty's Best March Ever With a 10% Return, But Multi Year SIPs Now In Single Digits

This was a phenomenal March by any standards, with a 10%+ return for the month. That’s the second highest that the Nifty has ever seen in March, just ...
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