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Top News

Indiabulls Housing Finance to raise Rs 300 cr via NCDs
Sat, 25 Jun 2016
Indiabulls Housing Finance to raise Rs 300 cr via NCDs "The company proposes to issue 30,000 unsecured non- convertible redeemable debentures (Tier-II) in the nature of subordinated debt with a face value of Rs 1 lakh each aggregating to Rs 300 crore (plus greenshoe option) on a private placement basis," the company said in a BSE filing.



Oman Air plan to have bigger chunk in Indian air travel mkt: CEO
Sat, 25 Jun 2016
Paul Gregorowitsch Speaking to CNBC-TV18‚??s Farah Bookwala Vhora , Paul Gregorowitsch, CEO of Oman Air said the potential for India and Oman is far bigger and the company plans to knock on the governments door again to see if its business can grow further in the country.



India could benefit from Brexit: YES Bank CEO
Sat, 25 Jun 2016
India could benefit from Brexit: YES Bank CEO "In the very near term, there could be some adverse spillover on India through financial linkages with rest of the world. However, I expect the dust to settle down soon as our policymakers have enough ammunition to ward off unwarranted volatility," he said, echoing views of the Indian business community.



Zuari Agro gets Rs 100-cr unsecured deposit from promoter
Sat, 25 Jun 2016
Zuari Agro gets Rs 100-cr unsecured deposit from promoter Fertiliser firm Zuari Agro Chemicals said it has received Rs 100 crore as unsecured deposit from promoter Adventz Finance towards meeting its working capital requirements



Axis Bank seek shareholders' nod to raise Rs 35,000cr
Fri, 24 Jun 2016
Axis Bank seek shareholders' nod to raise Rs 35,000cr Axis Bank has sought approval of shareholders to raise Rs 35,000 crore through multiple instruments including green bonds and from overseas markets.



Vijaya Bank gets shareholders' nod to raise Rs 900 cr
Fri, 24 Jun 2016
Vijaya Bank gets shareholders' nod to raise Rs 900 cr The approval came at the bank's Annual General Meeting, the bank said, but did not provide any time-frame for raising the funds.



Parag Milk Foods Q4 flat at Rs 16 cr; income up 20% at Rs 414 cr
Fri, 24 Jun 2016
Parag Milk Foods Q4 flat at Rs 16 cr; income up 20% at Rs 414 cr Dairy firm Parag Milk Foods, which recently raised Rs 750 crore through an IPO, today reported a flat net profit at Rs 16.09 crore for the quarter ended March.



Brexit to have limited impact on pharma industry: ICRA
Fri, 24 Jun 2016
Brexit to have limited impact on pharma industry: ICRA "The European markets account for 10-13 percent of total revenues with US being the largest export destination. Accordingly, the impact of GBP and Euro depreciation is likely to be limited," ICRA Ltd Senior VP, Co-head Corporate Sector ratings Subrata Ray said in a statement.


Feed Source: Moneycontrol.com
Market Feeds

Brexit is no 2008 but mkt to have near-term challenges: Ridham
Sat, 25 Jun 2016
Ridham Desai Regardless of where the market is headed, there will continue to remain many stock or sector specific ideas, says Ridham Desai of Morgan Stanley.



Deepak Parekh: Fundamentals strong, Brexit won't impact India
Fri, 24 Jun 2016
Deepak Parekh Speaking to CNBC-TV18 Deepak Parekh said that Indian fundamentals are strong and Brexit won‚??t impact us a lot, however Indian companies manufacturing in UK may get impacted.



Price action suggests bull market is intact: Ashwani Gujral
Fri, 24 Jun 2016
Ashwani Gujral Indian markets plummeted sharply this morning along with global stocks and currencies, after the dreaded Britain exit event came true.



BoE will be in easing mode to avoid major trauma: Rabobank
Fri, 24 Jun 2016
Jane Foley The US Federal Reserve will have to assess both domestic and international headwinds and ensure enough liquidity in the market before taking any decision on rate, says Jane Foley, Sr FX strategist of Rabobank.



EU turmoil will bring 'phenomenal opportunities in midcaps'
Fri, 24 Jun 2016
Sanjay Dutt In an interview with CNBC-TV18 Sanjay Dutt of Quantum Securities advises investors to stay away from stocks that are over owned by foreign institutional investors (FIIs).



Expect ongoing headwinds into next week: Jeremy Stretch
Fri, 24 Jun 2016
Jeremy Stretch The weakening pound is going to mean a cheaper euro. And, if euro cheapens, the dollar is going to get stronger. The dollar will mainly benefit from safe haven flows into the currency, says Jeremy Stretch.



Indian banking sector will remain a haven: Dimensions Consulting
Fri, 24 Jun 2016
Ajay Srivastava Rupee depreciation has come along with Brexit and will have its impact on balance sheets of most of the companies on June 30 and inflation, says Ajay Srivastava of Dimensions Consulting, in an interview to CNBC-TV18.



Brexit won't be a full-blown crisis; don't buy on dips: pros
Fri, 24 Jun 2016
Binay Chandgothia Binay Chandgothia, the MD Portfolio Manager, Principal Global Investors, said that Brexit will not be a full-blown crisis if the central bank devises strategies to tackle liquidity, as monetary policies alone won't be enough.


Feed Source: Moneycontrol.com
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