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Monday, September 15, 2014

Equity tips
Yes Bank falls further, FIIs need RBI nod to buy shares
Shares of Yes Bank declined further to 4% after the Reserve Bank of India on Friday said the foreign investors will need RBI's approval to buy additional equity in the private sector lender.

LIC Housing to focus on high yielding products
LIC Housing Finance Ltd expects margins to improve led by reduction in its borrowings from the banks and focus on high yielding loans like loan against properties.

RIL's $10 billion investment depends on government approval
Reliance Industries $10 billion investment in new fields off the east coast depends on the government approving acceptable gas price, says its partner in KG D6 basin, Niko Resources during its annual general meeting.

Mastek up 15%, to merge insurance products & services biz
Shares of Mastek are roaring with hefty gains after it announced demerger of the insurance products and services business into a separate listed company.

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