Archive for October 12th, 2009

PE-backed Companies Queuing up the Market with IPOs :)

The buoyancy in the capital markets over the past few weeks has seen a spate of initial public offerings (IPOs) hitting the market. Sectors such as infrastructure, power and real estate are the ones that have been most bullish. However, most companies that are taking the IPO route for raising funds are the ones that [...]

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ULIP service charges to reduce from October :)

Unit-linked insurance plan (ULIP) holders are expected to be bombarded with communication from insurers on reduction in ULIP charges due to IRDA’s strictures on capping ULIP charges on new launches, coming into force from October 1. However, in July, the insurance regulator had issued a order to life insurers on putting a ceiling on their [...]

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No Global food crisis even after India’s rice export ban :)

No global food crisis is on the cards on account of India’s rice export ban and possible high imports. A reduction in exports from India and possible imports to the tune of two million tonnes plus is unlikely to spark another global food crisis. The UN Food and Agriculture Organization (FAO) has said that drought [...]

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