http://www.indiainfoline.com India Infoline News Service: Latest Financial, Stock Market News en-gb Copyright:(C) 2013 India Infoline Ltd. All rights Reserved. http://www.indiainfoline.com/images/IIFL_Footer_Logo.png http://www.indiainfoline.com http://www.indiainfoline.com/Markets/News/Delinquency-rate-of-MFIs-dip-to-1-percent-from-1.5-percent-Equifax/5711312145 Equifax Credit Information Services has found an improvement in the delinquency rate of micro-finance institutions in the past six months. Wed, 19 Jun 2013 09:59:00 GMT http://www.indiainfoline.com/Markets/News/IIFL-upgrades-MandM-Finance-target-price-to-Rs.-308sh/5711281037 The brokerage is advising investors to remain invested in the stock with a revised target price of Rs. 308 per share. Wed, 19 Jun 2013 09:52:00 GMT http://www.indiainfoline.com/Markets/News/Fitch-rates-IDFC-at-BBB-;-Outlook-stable/5711265483 Healthy capitalisation levels, a strong earnings profile and robust asset quality are its key drivers. Wed, 19 Jun 2013 09:47:00 GMT http://www.indiainfoline.com/Markets/News/Glenmark-down-despite-getting-US-FDA-approval-for-Riluzole/5711203267 Riluzole is used for the treatment of sclerosis Wed, 19 Jun 2013 09:05:00 GMT http://www.indiainfoline.com/Markets/News/Sensex-down;-Oil-and-Gas-Auto-stocks-slip/5711211044 Sensex is trading at 19,204, down 19 points, while the Nifty is down 5 points at 5,807. Wed, 19 Jun 2013 09:00:00 GMT http://www.indiainfoline.com/Markets/News/Tata-Teleservices-to-issue-bonus-shares;-stock-up-9-percent/5711063281 The move comes will ensure complaince with the minimum public shareholding requirement Wed, 19 Jun 2013 07:18:00 GMT http://www.indiainfoline.com/Markets/News/FIIs-redeem-dollar-4.6-billion-from-debt-in-1-month/5711016619 FIIs found the rupee levels to be unattractive and preferred shifting of the US funds Wed, 19 Jun 2013 07:06:00 GMT http://www.indiainfoline.com/Markets/News/Sensex-down;-NTPC-Tata-Motors-stocks-slip/5711001065 The market continues to remain volatile with no clear direction ahead of the Fed meet, which is scheduled to end today. Jindal Steel is up 5%. Wed, 19 Jun 2013 07:01:00 GMT http://www.indiainfoline.com/Markets/News/ICICI-Bank-flat-post-raising-debt-in-the-Chinese-market/5710985511 Samp;P assigned BBB- rating to ICICI's Chinese renminbi-denominated senior notes Wed, 19 Jun 2013 06:55:00 GMT http://www.indiainfoline.com/Markets/News/Religare-to-sell-23-percent-stake-to-meet-banking-license-norms/5710931072 Applicant's promoter group can set up a bank through a NOFHC with a minimum 51% public shareholding Wed, 19 Jun 2013 06:00:00 GMT http://www.indiainfoline.com/Markets/News/Sensex-in-red;-Oil-and-Gas-Auto-stocks-major-losers/5710938849 Sensex is trading at 19,177, down 46 points, while the Nifty is down 11 points at 5,802. Wed, 19 Jun 2013 05:57:00 GMT http://www.indiainfoline.com/Markets/News/Whats-the-whisper-number/5710899964 Have you heard anything on what the numbers are likely to be on any company? Wed, 19 Jun 2013 05:16:00 GMT http://www.indiainfoline.com/Markets/News/Religare-up-on-23-percent-stake-sale-plans-for-new-banking-license/5710876633 The stock is trading at Rs. 322.30 up Rs. 5.55 or 1.75% on the National Stock Exchange Total volumes on the counter stood at 0.48lakh Wed, 19 Jun 2013 05:09:00 GMT http://www.indiainfoline.com/Markets/News/Sensex-down;-NTPC-Coal-India-losers/5710884410 Indian rupee has depreciated almost 4% but on a year-to-date basis the fall is about 8.1%. Wed, 19 Jun 2013 05:08:00 GMT http://www.indiainfoline.com/Markets/News/GSPC-scrip-up-after-hiking-gas-prices/5710837748 GSPC gas company (GGC) announced hiking prices on CNG by 2 per kg Wed, 19 Jun 2013 04:29:00 GMT http://www.indiainfoline.com/Markets/News/GSPC-hikes-CNG-cooking-gas-prices/5710806640 CNG prices were increased by 2 per kg and on piped cooking gas by Rs.4 standard cubic metre for first 30 SCM Wed, 19 Jun 2013 04:23:00 GMT http://www.indiainfoline.com/Markets/News/Sensex-down;-IT-Auto-stocks-slips/5710791086 The prices for silver jewellery and coins have fallen to 43,000 per kg from 55,000 per kg in June last year. Wed, 19 Jun 2013 04:00:00 GMT http://www.indiainfoline.com/Markets/News/Sensex-to-open-on-a-flat-note/5710627769 Investors around the world may be waiting for the Federal Reserve's two-day policy meeting. Wed, 19 Jun 2013 03:06:00 GMT http://www.indiainfoline.com/Markets/News/Sensex-Nifty-outlook/5597480196 The US markets gained after a report on consumer prices revealed that inflation is subdued. Wed, 19 Jun 2013 02:50:00 GMT http://www.indiainfoline.com/Markets/News/Mkt-pauses-ahead-of-Fed-meet;-Banks-lead-decline/5710534445 Banking, which has an about 25% weightage on the Nifty, led the decline. Stocks like HDFC Bank, Axis Bank, SBI and ICICI Bank lost out . Tue, 18 Jun 2013 10:52:00 GMT http://www.indiainfoline.com/Markets/News/Jones-Lang-LaSalle-maiden-real-estate-fund-mops-up-Rs-101cr/5710480006 The fund raised Rs. 101 Cr of capital commitments in its first closing, in line with the INR 300 Cr total fund raising target. Tue, 18 Jun 2013 10:33:00 GMT http://www.indiainfoline.com/Markets/News/Polaris-to-develop-MF-utility-platform-for-AMFI/5710448898 The MF utility application will be implemented in nine months Tue, 18 Jun 2013 10:18:00 GMT http://www.indiainfoline.com/Markets/News/Venus-Remedies-stock-up-on-Potentox-patent/5710378905 The patent was granted by the Mexican Institute of Industrial Property (IMPI). Tue, 18 Jun 2013 09:35:00 GMT http://www.indiainfoline.com/Markets/News/Mkt-off-days-high-on-profit-booking/5710293358 Sensex is trading at 19,338, up 12 points, while the Nifty is down 4 points at 5,846. Tue, 18 Jun 2013 09:00:00 GMT http://www.indiainfoline.com/Markets/News/Mkt-remains-choppy;-Ranbaxy-touches-52-week-low/5710168926 At 1:19 PM, the Sensex is trading at 19,281, down 44 points, while the Nifty is down 20 points at 5,829. Tue, 18 Jun 2013 07:52:00 GMT http://www.indiainfoline.com/Markets/News/24lk-NMDC-shares-exchange-hands-in-block-deal/5710122264 The block deal happened at a price of Rs. 180 per share. Tue, 18 Jun 2013 07:31:00 GMT http://www.indiainfoline.com/Markets/News/NTPC-down-after-coal-linkages-to-J-khnd-plant-restored/5710083379 The coal supply will start in the next Plan period, said Coal Ministry Tue, 18 Jun 2013 07:26:00 GMT http://www.indiainfoline.com/Markets/News/Sensex-down;-Auto-FMCG-stocks-slip/5710067825 Ranbaxy, Bank of Baroda and UltraTech. Ranbaxy has hit a fresh 52-week low. Tue, 18 Jun 2013 07:15:00 GMT http://www.indiainfoline.com/Markets/News/Jet-scrip-up-after-co.-announced-to-cut-debt-by-year-end/5710021163 Jet is expecting its debt burden to decline to Rs82.50bn by the end of this financial year Tue, 18 Jun 2013 06:30:00 GMT http://www.indiainfoline.com/Markets/News/Sensex-down;-Auto-FMCG-stocks-slip/5709990055 It is currently trading at 58.45 per dollar as against Monday's close of 57.86. The rupee has depreciated almost 4% since the start of June. For the year, it is down almost 8.1%. Tue, 18 Jun 2013 06:00:00 GMT http://www.indiainfoline.com/Markets/News/PowerGrid-seeks-approval-for-smart-grid-plan/5709943393 The stock has hit a high of Rs108 and a low of Rs107. Tue, 18 Jun 2013 05:50:00 GMT http://www.indiainfoline.com/Markets/News/Nifty-slips-below-5850/5709912285 The market is still trading weak but is off the day's lows. Weak economic data and lack of fresh buying ahead of the Fed meet later today is weighing on sentiment. Tue, 18 Jun 2013 05:15:00 GMT http://www.indiainfoline.com/Markets/News/SEBI-releases-norms-for-listing-of-preference-shares/5709881177 The listing of privately placed non-convertible redeemable preference shares would require a minimum application size of Rs. 10 lakh for each investor Tue, 18 Jun 2013 04:56:00 GMT http://www.indiainfoline.com/Markets/News/Sensex-down;-Auto-Metal-stocks-drop/5709826738 The market is trading weak due to selling pressure in rate sensitves. Post Tuesday's status quo RBI policy, the banking and consumer durable indices are down close to 1%. Tue, 18 Jun 2013 03:57:00 GMT http://www.indiainfoline.com/Markets/News/Sensex-Nifty-to-open-flat/5709717860 The US markets ended with smart gains, the Dow Jones index ended higher by 0.7% while the Nasdaq index added 0.8%. Tue, 18 Jun 2013 03:03:00 GMT http://www.indiainfoline.com/Markets/News/Buy-Shree-Cement-target-Rs.-5667share-IIFL-Inst-Equities/5709484550 It has a 12-month price target of Rs. 5,667, which is a 22% upside from its current market price of Rs. 4,639 per share. Mon, 17 Jun 2013 11:07:00 GMT http://www.indiainfoline.com/Markets/News/Mkt-shrugs-RBI-policy-European-cues-power-Nifty-to-5850/5709453442 The indices started the week with smart gains extending its upswing for the second consecutive trading session. Ahead of the Reserve Bank's monetary policy, the market traded flat with a slight negative bias. However, the benchmark indices staged a strong come-back post the RBI policy meet. Mon, 17 Jun 2013 10:50:00 GMT http://www.indiainfoline.com/Markets/News/Siemens-wins-Rs.66cr-NTPC-order/5709305679 Siemens will install state-of-the-art fourth generation SPPTA-T3000 system in NTPC's Chattisgarh plant Mon, 17 Jun 2013 09:08:00 GMT http://www.indiainfoline.com/Markets/News/Era-Infra-gets-Rs.-383.70cr-Delhi-Metro-contract/5709274571 The company in a joint venture with Chengdu Ranken was awarded the contract. Mon, 17 Jun 2013 09:02:00 GMT http://www.indiainfoline.com/Markets/News/Sensex-down;-Auto-Capital-Goods-stocks-slip/5709266794 Strong European cues has resulted in the market ignoring the Reserve Bank of India's credit policy review. The central bank has left the repo rate and cash reserve ratio unchanged, saying only durable receding of inflation will open up space for easing . Mon, 17 Jun 2013 08:55:00 GMT http://www.indiainfoline.com/Markets/News/JSW-Steel-May-13-crude-steel-production-up-40-percent-YoY/5709189024 May 2013 crude steel production shot up 40% as compared to production in 2012. Mon, 17 Jun 2013 07:33:00 GMT http://www.indiainfoline.com/Markets/News/Tata-Motors-down-on-a-dip-in-global-sales/5709142362 Global wholesales of Tata passenger vehicles in May 2013 were 11,932. Cumulative wholesales for the fiscal stood at 24,330. Mon, 17 Jun 2013 07:10:00 GMT http://www.indiainfoline.com/Markets/News/Jet-Airways-hits-turbulence-after-FIPB-defers-Etihad-deal/5709111254 The stock rallied as much as 6% on Friday. Mon, 17 Jun 2013 06:40:00 GMT http://www.indiainfoline.com/Markets/News/Sensex-down-;-Realty-Metal-stocks-slip/5709095700 Strength in global markets powered the benchmark indices to new highs post RBI statuesque. But weak May trade deficit data has resulted in benchmark indices giving up some of their gains. Mon, 17 Jun 2013 06:27:00 GMT http://www.indiainfoline.com/Markets/News/Zensar-Techs-Director-Manish-Dugar-resigns/5709080146 At 11:56 am, the stock is trading at Rs. 249 up Rs. 2.55 ot 1.03% on the National Stock Exchange (NSE). Mon, 17 Jun 2013 06:23:00 GMT http://www.indiainfoline.com/Markets/News/Shasun-Pharma-to-restore-strike-hit-Pondicherry-plant/5709064592 The company has declared the strike illegal and will do the needful to restore the plant Mon, 17 Jun 2013 06:02:00 GMT http://www.indiainfoline.com/Markets/News/Qatar-Endowment-picks-up-5-percent-stake-in-Airtel-for-Rs.-6796cr/5709041261 The deal is one of the largest private equity transactions in India. Mon, 17 Jun 2013 05:53:00 GMT http://www.indiainfoline.com/Markets/News/Sensex-down-ahead-of-RBI-policy-meet/5708986822 The benchmark indices are trading with deep cuts post the Reserve Bank's decision to hold policy rates. Mon, 17 Jun 2013 05:30:00 GMT http://www.indiainfoline.com/Markets/News/June-1718-to-prove-favourable-for-Banks-Ganeshaspeaks.com/5709033484 June 17th and 18th shall prove favourable for Banks but not so exciting for Realty, says ganeshaspeaks.com Mon, 17 Jun 2013 05:29:00 GMT http://www.indiainfoline.com/Markets/News/Mahindra-cos-surge-post-CIE-share-swap-agreement/5708994599 At 10:35 am, Mahindra Forgings is up by 1.2%, Mamp;M is up 2.8% while Mahindra Ugine Steel rallied as much as 9.9% on the NSE. Mon, 17 Jun 2013 05:14:00 GMT http://www.indiainfoline.com/Markets/News/Sterlite-Industries-stock-down-2-percent/5708924606 The stock has hit a high of Rs83 and a low of Rs81. Mon, 17 Jun 2013 04:38:00 GMT http://www.indiainfoline.com/Markets/News/Pipavav-Defence-stock-up-on-Rs.11.60bn-new-contract-worth/5708932383 The value of the contract is Rs. 11.60bn to be delivered over next 12 to 16 months. Mon, 17 Jun 2013 04:30:00 GMT http://www.indiainfoline.com/Markets/News/S-Mobility-to-consider-share-buy-back/5708893498 Spice is one of the fastest growing mobile devices brand in India. It has a customer base of over 15 million. Mon, 17 Jun 2013 04:16:00 GMT http://www.indiainfoline.com/Markets/News/Sensex-up..-IT-Auto-stocks-gain/5708885721 The market is currently trading flat ahead of RBI policy scheduled for later today. Jet Airways is down 9% after FIPB deferred clearance to the Etihad deal citing ownership concerns. Mon, 17 Jun 2013 04:00:00 GMT http://www.indiainfoline.com/Markets/News/Sensex-to-open-on-a-flat-note/5708776843 A lot depends on what the RBI does and later what the RBI governor says. Mon, 17 Jun 2013 02:55:00 GMT http://www.indiainfoline.com/Markets/News/IIFLs-metals-energy-strategy-for June-17-22 week/5708411324 IIFL expects markets to remain volatile next week as focus shifts to the Federal Reserve policy meet. Fri, 14 Jun 2013 12:14:00 GMT http://www.indiainfoline.com/Markets/News/Reduce-Tata-Motors-target-Rs.-310share-IIFL-Inst-Equities/5708395770 The brokerage has a 12-month price target of Rs. 310, which is a 10% upside from its current market price of Rs. 283 per share. Fri, 14 Jun 2013 12:09:00 GMT http://www.indiainfoline.com/Markets/News/Buy-Bharti-Idea-IIFL-Institutional-Equities/5708380216 As expected, the top three telcos combined for 113bps RMS gain, and did 97% of incremental industry 4Q revenue. Fri, 14 Jun 2013 12:06:00 GMT http://www.indiainfoline.com/Markets/News/Lower-input-cost-to-benefit-GCPL-Asian-Paints-IIFL-Inst-Eq/5708372439 The brokerage feels Godrej Consumer Products, Emami, and Asian Paints are the main companies likely to be positively impacted by lower input costs. Fri, 14 Jun 2013 12:03:00 GMT http://www.indiainfoline.com/Markets/News/Sensex-Nifty-falls-for-fourth-week/5708255784 Nevertheless, investors will also have to take note of the FOMC meet on Wednesday which could influence global markets and in turn our indices. Fri, 14 Jun 2013 11:10:00 GMT http://www.indiainfoline.com/Markets/News/FIPB-defers-Jet-Etihad-proposal/5708271338 On why the deal didn't go through, the DEA Secretary was quoted as saying there needs to be more clarity on effective ownership. Fri, 14 Jun 2013 10:55:00 GMT http://www.indiainfoline.com/Markets/News/Nifty-ends-above-5800-ahead-of-RBI-policy-meet/5708216899 On Friday, the bulls charged with a vengeance on Dalal Street aided by a strong bounce back in the rupee and better-than-expected May inflation figures. Fri, 14 Jun 2013 10:47:00 GMT http://www.indiainfoline.com/Markets/News/Sensex-surges;-Auto-Consumer-Durables-stocks-lead/5708154683 Dabur India is up 1.36% after US FDA import alert on the company's Baddi and Solan units in Himachal Pradesh. Fri, 14 Jun 2013 08:41:00 GMT http://www.indiainfoline.com/Markets/News/Market-at-days-high-Re-strenghtens-on-WPI-data/5708108021 Nearly all sectors are trading in green led by Consumer Durables, Auto and Realty Fri, 14 Jun 2013 07:46:00 GMT http://www.indiainfoline.com/Markets/News/US-FDA-issues-import-alert-on-Dabur-HP-plants/5708092467 Post the FDA alert Dabur won't be able to import the products from the said factories into US Fri, 14 Jun 2013 07:33:00 GMT http://www.indiainfoline.com/Markets/News/May-WPI-inflation-at-4.87-percent-within-RBI-comfort-level/5708084690 Depreciating rupee and pressure on current account deficit may prevent RBI from cutting policy rates Fri, 14 Jun 2013 07:28:00 GMT http://www.indiainfoline.com/Markets/News/Sensex-up-267-points;-Tata-Motors-RIL-surge/5708038028 Rupee appreciated to 57.70 from 57.85 on inflation data which is better than expected. Fri, 14 Jun 2013 06:30:00 GMT http://www.indiainfoline.com/Markets/News/TRAI-ad-break-rule-not-to-hit-Zee-Ent-IIFL-Inst-Equities/5707921373 The Indian Broadcasting Foundation (IBF) has agreed to implement TRAI’s order of restricting TV ads to 12mins/hour from the prevailing 15-20mins/hour Fri, 14 Jun 2013 04:45:00 GMT http://www.indiainfoline.com/Markets/News/Sensex-jumps-222-points;-Realty-Consumer-Durables-lead/5707890265 Asian markets are in the green. Japan's Nikkei 225 is up over 2% and Hong Kong's Hang Seng index was trading 1.06% higher. Fri, 14 Jun 2013 04:40:00 GMT http://www.indiainfoline.com/Markets/News/See-further-75-100bps-repo-rate-cut-in-FY14-IIFL-Inst-Eq/5707898042 Industrial activity in the economy remains sluggish with the IIP averaging ~2% YoY for the past three months Fri, 14 Jun 2013 04:30:00 GMT http://www.indiainfoline.com/Markets/News/Sensex-rises..Realty-Consumer-Durables-stocks-gain/5707835826 Asian markets are in the green. Japan's Nikkei 225 is up over 2% and Hong Kong's Hang Seng index was trading 1.06% higher. Fri, 14 Jun 2013 03:46:00 GMT http://www.indiainfoline.com/Markets/News/FIPB-to-decide-on-Jet-Etihad-deal-today/5707804718 The deal will go to CCEA for final nod. The airline plans to sell a 24% stake to Etihad for Rs. 2058 crore. Fri, 14 Jun 2013 03:46:00 GMT http://www.indiainfoline.com/Markets/News/Sensex-to-open-on-a-positive-note/5707750279 An upgrade by Fitch and promises by the Finance Minister to roll out a series of reforms over the next two weeks failed to please the market on Thursday. Fri, 14 Jun 2013 03:10:00 GMT http://www.indiainfoline.com/Markets/News/Mkt-posts-sixth-day-of-loss;-5605-strong-Nifty-support/5707516969 It was the sixth straight session of losses for the Indian equity market on Thursday. Thu, 13 Jun 2013 11:04:00 GMT http://www.indiainfoline.com/Markets/News/Insurance-Newsletter-June-07-to-June-13-2013/5707594739 Private life insurers' first year premium collections increased 19% to Rs. 13.34bn in April 2013. Thu, 13 Jun 2013 10:45:00 GMT http://www.indiainfoline.com/Markets/News/Merger-and-Acquisition-Round-Up-June-07-to-June-13-2013/5707711394 Microsoft co-founder Bill Gates has increased his stake in G4S, the world's biggest security firm, according to reports. Thu, 13 Jun 2013 10:40:00 GMT http://www.indiainfoline.com/Markets/News/Mutual-Fund-Newsletter-June-07-to-June-13-2013/5707586962 Domestic investors redeemed around $500mn from equity mutual funds in the last eight months till May 2013. Thu, 13 Jun 2013 10:30:00 GMT http://www.indiainfoline.com/Markets/News/Bajaj-Auto-unveils-new-range-of-RE-Compact/5707338098 There would be seven variants on this platform of the new range. The RE’Compact’ Diesel version will be launched a few months later. Thu, 13 Jun 2013 09:43:00 GMT http://www.indiainfoline.com/Markets/News/Sugar-turning-sour-for-mills-CRISIL-Research/5707221443 This issue can be resolved only by linking sugarcane prices to the prices of end-products. Thu, 13 Jun 2013 08:59:00 GMT http://www.indiainfoline.com/Markets/News/Sensex-falls-213-points;-realty-auto-stocks-weak/5707198112 Globally, Asian markets are trading weak in line with the fall in US markets on Wednesday. US indices have ended weaker for a third straight session. Thu, 13 Jun 2013 08:47:00 GMT http://www.indiainfoline.com/Markets/News/IIFL-Newsletters-of-the-week/5707190335 Read below on IIFL Newsletters of the week Thu, 13 Jun 2013 08:39:00 GMT http://www.indiainfoline.com/Markets/News/Infrastructure-Newsletter-June-07-to-June-13-2013/5707174781 Railways Strategic Business Unit of Lamp;T Construction’s Transportation Infrastructure Business has won a major order worth Rs. 66.99bn from the Dedicated Freight Corridor Corporation of India Ltd. Thu, 13 Jun 2013 08:28:00 GMT http://www.indiainfoline.com/Markets/News/Pharmaceuticals-Newsletter-June-07-to-June-13-2013/5707167004 Elder Pharmaceuticals Ltd has clarified that as far as the Company is aware, there is no proposal of the promoters to sell the shares in the Company. Thu, 13 Jun 2013 08:10:00 GMT http://www.indiainfoline.com/Markets/News/Sensex-slips-150-points/5707151450 At 1:32 PM, the Sensex is trading down 162 points at 18,823 while the Nifty is down 43 points at 5,717. Thu, 13 Jun 2013 08:05:00 GMT http://www.indiainfoline.com/Markets/News/Telecom-Newsletter-June-07-to-June-13-2013/5707159227 BlackBerry will preview a new solution for automakers that lets them manage and deliver “Over-the-air” (OTA) software updates to vehicles. Thu, 13 Jun 2013 07:59:00 GMT http://www.indiainfoline.com/Markets/News/Retail-Newsletter-June-07-to-June-13-2013/5707143673 Asian economies like India, China, Indonesia, Myanmar and Vietnam are driving this growth engine. Read Thu, 13 Jun 2013 07:54:00 GMT http://www.indiainfoline.com/Markets/News/Real-Estate-Round-Up-June-07-to-June-13-2013/5707128119 Small spaces can be quite cozy, but squeezing-in is often challenging. When you're pressed for space, the “pile" can be your worst enemy. Thu, 13 Jun 2013 07:48:00 GMT http://www.indiainfoline.com/Markets/News/Oil-and-Gas-Round-Up-June-07-to-June-13-2013/5707120342 ONGC issued a statement saying ONGC Videsh Ltd (OVL) and OIL India signed an agreement to buy 100% of Videocon's stake in Mozambique Rovuma 1 Ltd for USD 2.475bn. Read more... Thu, 13 Jun 2013 07:39:00 GMT http://www.indiainfoline.com/Markets/News/Hotel-and-Tourism-Newsletter-June-07-to-June-13-2013/5707104788 Starwood Hotels amp; Resorts Worldwide, Inc. said the company will open 20 new hotels in China in 2013. Thu, 13 Jun 2013 07:37:00 GMT http://www.indiainfoline.com/Markets/News/Metal-and-Mining-Newsletter-June-07-to-June-13-2013/5707081457 ArcelorMittal SA is planning to resume its expansion of long steel capacity in Brazil, according to reports. Thu, 13 Jun 2013 07:32:00 GMT http://www.indiainfoline.com/Markets/News/Mega-acquisition-Why-is-Apollo-Tyres-crashing/5707065903 Apollo's $2.5bn acquisition of Cooper Tires will allow it access to Chinese and US markets. So why did the stock fell as much as 21% on Thursday? Thu, 13 Jun 2013 07:25:00 GMT http://www.indiainfoline.com/Markets/News/IT-Newsletter-June-07-to-June-13-2013/5707050349 The Andhra Pradesh High Court gave its approval for the merger of Mahindra Satyam with Tech Mahindra, according to reports. Thu, 13 Jun 2013 07:16:00 GMT http://www.indiainfoline.com/Markets/News/Consumer-Goods-Newsletter-June-07-to-June-13-2013/5707034795 India in particular is in a sweet spot. Indian Middle Income and Affluent households will grow from 48mn in 2010 to 103mn in 2020. Thu, 13 Jun 2013 07:12:00 GMT http://www.indiainfoline.com/Markets/News/FII-limit-raised-by-dollar-5bn-in-govt-debt-to-dollar-30bn/5707011464 The measures come as FIIs have pulled out over $3bn from the debt market in the past two weeks Thu, 13 Jun 2013 07:12:00 GMT http://www.indiainfoline.com/Markets/News/Aviation-Newsletter-June-07-to-June-13-2013/5707003687 Kingfisher Airlines chairman Vijay Mallya has reportedly told to employees that he did not have money to clear their salary dues. Thu, 13 Jun 2013 07:07:00 GMT http://www.indiainfoline.com/Markets/News/SEBI-recommends-simpler-norms-for-foreign-investors/5706972579 FIIs and QFIs to be merged into a new investor class called “Foreign Portfolio Investor” Thu, 13 Jun 2013 06:59:00 GMT http://www.indiainfoline.com/Markets/News/Banking-Newsletter-June-07-to-June-13-2013/5708045805 SBI has reportedly raised objections to the proposal of Captain Gopinath to float a budget airline. Thu, 13 Jun 2013 06:48:00 GMT http://www.indiainfoline.com/Markets/News/Automobile-Newsletter-June-07-to-June-13-2013/5706964802 Maruti Suzuki is planning to foray into the light commercial vehicles market Thu, 13 Jun 2013 06:48:00 GMT http://www.indiainfoline.com/Markets/News/Agriculture-Newsletter-June-07-to-June-13-2013/5706941471 Turmeric ended in red as sufficient stocks of the spice amidst sluggish demand weighed on the prices. Thu, 13 Jun 2013 06:40:00 GMT http://www.indiainfoline.com/Markets/News/Sensex-down-;-Auto-FMCG-laggards/5706879255 The Sensex is trading below the psychological level of 19,000 on dismal economic cues. IIFL expects the Nifty to find support at 5,605 levels, which also acted as key support in the April decline. Thu, 13 Jun 2013 06:00:00 GMT