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Andhra Pradesh, Singapore's MAS pact for financial services
Sat, 22 Oct 2016
Andhra Pradesh, Singapore's MAS pact for financial services The Andhra Pradesh government on Saturday signed an agreement with the Monetary Authority of Singapore (MAS) to promote innovation in financial services in their respective markets.

Sun Pharma to increase investments in MP, set up RD facility
Sat, 22 Oct 2016
Dilip Shanghvi Sun Pharma has significant investment plans for its facility in Madhya Pradesh, the firm's Managing Director Dilip Shanghvi said on Saturday.

Ballarpur Ind subsidiary gets plant buyout offer from JK Paper
Sat, 22 Oct 2016
Ballarpur Ind subsidiary gets plant buyout offer from JK Paper Avantha group firm Ballarpur Industries today said its subsidiary has received a tentative offer and draft term sheet from JK Paper for acquisition of two of its facilities.

Reliance Group picks Madhya Pradesh for defence manufacturing
Sat, 22 Oct 2016
Reliance Group picks Madhya Pradesh for defence manufacturing Reliance Group Chairman Anil Ambani on Saturday said with 90 percent of defence equipment being imported, there is huge opportunity for domestic manufacturing and his group has identified two locations in Madhya Pradesh for setting up production facilities.

Ramdev says was denied US visa
Sat, 22 Oct 2016
Ramdev says was denied US visa Yoga guru Baba Ramdev, who heads the Rs 4,500-crore Patanjali Group, was once denied a visa to the United States citing his bachelor status and not having a bank account.

Fujifilm to set up breast cancer diagnostic machine at SRMC
Sat, 22 Oct 2016
Fujifilm to set up breast cancer diagnostic machine at SRMC PTI,Yoga guru Baba Ramdev,Patanjali Group,United States,US visa,Chief Minister Shivraj Singh Chouhan,Madhya Pradesh,Finance Minister Arun Jaitley

Aditya Birla Group to invest Rs 20,000 cr in Madhya Pradesh
Sat, 22 Oct 2016
Aditya Birla Group to invest Rs 20,000 cr in Madhya Pradesh Addressing the Madhya Pradesh Global Investors Summit here, Aditya Birla Group Chairman Kumar Mangalam Birla said the state is among the top markets for Idea Cellular, which has already invested nearly Rs 7,000 crore over two decades.

ICICI, Axis, StanChart get back USD 2.5 bn of Essar loans
Sat, 22 Oct 2016
ICICI, Axis, StanChart get back USD 2.5 bn of Essar loans Within days of Essar Group signing a mega USD 12.9-billion asset sale in its oil business, three top lenders -- ICICI Bank, Axis Bank and StanChart -- have got back an estimated USD 2.5 billion as part of the first payment for their debt exposure to the Ruias-led conglomerate.

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Nifty will attempt another move above 8,700, could succeed: Pro
Fri, 21 Oct 2016
Ashwani Gujral Sharing his outlook on the market, Ashwani Gujral of noted banks and information technology stocks were aiding indices today. He expects Nifty to make another attempt to breach 8,700 and feels it might succeed this time.

Upward spike in commodity prices in focus: Motilal Oswal AMC
Fri, 21 Oct 2016
Taher Badshah Speaking to CNBC-TV18 Taher Badshah, Senior VP Head, Fund Manager at Motilal Oswal AMC said the tide could turn favourably towards corporate-facing banks.

Right time to get into crude beneficiaries: Ashwani Gujral
Thu, 20 Oct 2016
Ashwani Gujral Without any macro trigger the market lacks the kind of strength to really take out resistance, but Nifty could still get to 8,800-8,850, says market expert Ashwani Gujral of

Declining rates, asset sale by cos help corp banks: Kotak Life
Thu, 20 Oct 2016
Hemant Kanawala On the back of the recent deals made in the Indian space, asset quality of private banks are expected to improve in the coming days, but whether it is a widespread improvement for the whole banking space is yet to be seen, says Hemant Kanawala, Head of Equity at Kotak Life Insurance.

A December rally could redirect flows to EMs: Port Shelter Inv
Thu, 20 Oct 2016
Richard Harris Richard Harris, Chief Executive, Port Shelter Investment Management says that among EMs, he likes Indonesia and India. China, he said, is a bit of question mark still as lot of new reforms are needed.

Expect market to grow 10-15% over 2 years: Max Life Insurance
Thu, 20 Oct 2016
Mihir Vora Mihir Vora, Director And Chief Investment Officer at Max Life Insurance expects a 10-15 percent compounded growth from the market over the next two years. He says the market has delivered a little more than the economy till now. It is high time the economy delivers too.

With a Clinton victory, expect a move to risk assets: StanC
Thu, 20 Oct 2016
David Mann Speaking to CNBC-TV18 David Mann, Head, Asia Economic Research of Standard Chartered said that there have been no major slipups from either Donald Trump or Hillary Clinton.

Good time to buy on dips, Nifty hurdle seen at 8,700: Experts
Wed, 19 Oct 2016
Ashwani Gujral The rally in the indices on Tuesday has instilled confidence they have regained strength and market expert Ashwani Gujral of feels there is no question of shorting now as it is a 'buy on dips' market.

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