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DOMESTIC FUNDS NET BUY RS.399.25 CR IN EQUITIES ON FEBRUARY 9 (PROVISIONAL)
FOREIGN FUNDS NET SELL RS.525.27 CR IN EQUITIES ON FEBRUARY 9 (PROVISIONAL)
MUTUAL FUNDS NET BUY RS.37.1 CR IN EQUITIES ON FEBRUARY 8
MCNALLY BHARAT BAGS ORDERS WORTH RS.56.64 CR FROM HINDALCO
FOREIGN FUNDS NET SELL RS.806.5 CR ($172.3 MN) IN EQUITIES ON FEB 8
Q1'10 REVENUE GUIDANCE UP 3.4% AT $935 MN (QOQ)
REVENUES UP 6% AT $902.7 MN, NET INCOME UP 5.4% AT $144 MN (QOQ)
TO IMPORT 1.2 MT/YR OF LNG FOR CAPTIVE USE AT THE POWER PLANT
DELHI HC REJECTS BAYER'S APPEAL AGAINST CIPLA'S SORANIB DRUG: NW
BANKS CAN ALLOW COS TO TWEAK ECB DRAWDOWN, REPAYMENT SCHEDULE: NW
TO SOON FINALISE PLANS FOR THE PROPOSED 1,200 MW DAHEJ POWER PLANT
CNX MIDCAP INDEX UP 0.88%, BSE SMALLCAP INDEX UP 0.44%
SENSEX CLOSES UP 106 POINTS, NIFTY UP 32 POINTS AT CLOSE
RIL HAS NOT STOPPED PETROL EXPORTS TO TEHRAN: NW
REVENUES FROM INDIA INCREASED TO 8% VS 2% NEARLY 2 YEARS AGO
CUTS ALUMINIUM PRODUCT PRICES BY RS.8000/TONNE
BANKS' LOAN GROWTH RATE SEEN AT 16-18% THIS FISCAL YEAR
CRR HIKE TO HAVE SOME IMPACT ON LIQUIDITY, NOT TO IMPACT LOAN RATES
TO REACH $1 BN REVENUE MARK THROUGH INORGANIC AND ORGANIC GROWTH
IPO PLANS HAVE BEEN REVIVED; LOOKING AT AN IPO SOON
OSE CONSORTIUM WINS 99 KM KARNATAKA HIGHWAY PROJECT WORTH RS.1700 CR
WILL ACHIEVE $500 MN IN REVENUES BY 2013
SOME STIMULUS MEASURES WILL BE ROLLED BACK BY APRIL
FY'10 EXPORTS LIKELY TO BE AROUND $165 BN-$170 BN
TO DIVEST 10% STAKE IN THE COMPANY VIA IPO: NW
MULLING TO RESERVE 1% OF SHARES IN IPO FOR STAFF: NW
MAHARASHTRA FACING A SHORTFALL OF 5,000 MEGAWATTS
EXPECT STABLE MARGINS IN THE AFFORDABLE HOUSING SEGMENT
EXPECT DOUBLE DIGIT GROWTH IN PROFITS NEXT YEAR
CONFIDENT THAT INDIA WOULD CONTINUE TO SEE INCREASING INFLOWS GOING AHEAD

Updated: 18/01/10 | 09:58 PM IST

Insurance

The insurance regulator, IRDA, is asking companies to increase their focus on Nano insurance or micro insurance, which will cater to the low-income segment of the population.

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IRDA mulls fee cap on traditional products

Investors who are planning to put their money in traditional insurance products have a reason to smile. After capping charges on unit linked insurance plans, the insurance regulator IRDA is planning a similar move for traditional insurance products.

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IRDA mulling cap on traditional products

After putting a cap on ULIP charges, insurance-sector regulator IRDA is mulling a similar move for traditional products, a top official said.

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