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Market News

Location American Market News for 22 December 2013

Sovereign wealth funds shun Indian tax-free bonds

livemint.com - 22 Dec 2013 20:23
Sovereign wealth funds shun Indian tax-free bonds A volatile rupee, the lack of any specific tax advantage and unattractive interest rates have ensured that not even one issue has been subscribed by these wealth funds
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Tougher times ahead for smaller commodity exchanges

livemint.com - 22 Dec 2013 19:10
Tougher times ahead for smaller commodity exchanges The NSEL fiasco eroded investors' confidence and has had a greater impact on small exchanges
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Promoter holding falls in BSE 100 as FIIs raise stakes Promoter holding in BSE 100 stocks have fallen between Dec 2008 and Sep 2013 while FIIs have steadily cemented their stake
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Big or small, all culprits same before Sebi: U.K. Sinha Sebi has been accused of easily letting off big players, while many of them have also complained that the capital markets watchdog gets harsher with them to send across a stronger message
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Investors push companies to flex M&A muscle...carefully Investors want companies to put money to work and not to hoard cash
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Hike in room rates not enough to cheer Indian Hotels stock Hike in room rates will lift profitability, especially if it comes along with higher occupancy rates over a sustained period
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Diageo's holding in United Spirits suffers collateral damage Diageo's move to buy shares of United Spirits from the open market shows it means business, but court order adds element of uncertainty
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Reliance Industries: the impact of the gas price hike The gas price hike allows the company to plan ahead for its E&P business and removes uncertainty in this respect
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