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27 05, 2016

SBI Q4 Profit plunges 66%, Consolidated Gross NPA @ 1.23 trillion; Provisions for NPA increase by 58%

By |May 27th, 2016|Categories: Stocks|Tags: , , , |0 Comments

India’s largest bank, SBI’s result was no different from the results of other PSU banks. With RBI’s push for banks to provision for the stressed accounts in Q3 and Q4 of FY16,  most of the profits of the PSU banks nose dived. The impact on profits due to NPA’s was a known secret, but by how much was the question. Now here we are with the results, lets take a […]

27 05, 2016

Private Equity firm Creador earns over 290 crore by investing in Cholamandalam Investment & Finance (CIF)

By |May 27th, 2016|Categories: Stocks|Tags: , , , , , |0 Comments

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Cholamandalam Investment and Finance (click here to view this on our SNAP Analytics Tool) – promoted by the Murugappa Group, is a pan-Indian, composite financial services provider. It was established in 1978 and is engaged in the business of providing vehicle finance, home equity finance, business finance, stock broking and distribution of financial products to its customers. Within its […]

26 05, 2016

Citigroup reduces stake in Castrol India, nets a handsome amount

By |May 26th, 2016|Categories: Stocks|Tags: , , , |0 Comments

Castrol India Logo

Castrol India (click here to view this on our SNAP Analytics Tool) part of the Castrol Limited UK (part of BP Group) has one of the largest manufacturing and marketing networks amongst lubricant companies in India. The company has three manufacturing plants located at Silvassa, Patalganga and Paharpur. The company markets automotive lubricants under two brands – Castrol […]

26 05, 2016

Credit Suisse says no to Dominoes – cuts stake in Jubilant Foodworks from 3.4% to 1.3%

By |May 26th, 2016|Categories: Stocks|Tags: , , |0 Comments

Jubilant Foodworks Logo

Jubilant Foodworks (click here to view this on our SNAP Analytics Tool) – is a Jubilant Bhartia Group Company. The Company & its subsidiary operates Domino’s Pizza brand with the exclusive rights for India, Nepal, Bangladesh and Sri Lanka.

The Company launched Dunkin’ Donuts in India in April 2012 in Delhi. The Company has 70 Dunkin’ Donuts restaurants […]

26 05, 2016

A day after Investors Meeting, HDFC Mutual Fund increases stake in Team Lease Services

By |May 26th, 2016|Categories: Stocks|Tags: , , , |0 Comments

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Team Lease Services (click here to view this on our SNAP Analytics Tool) – India’s leading providers of human resource services in the organized segment. Their employment services include temporary staffing solutions, permanent recruitment services and regulatory consultancy for labour law compliance; our employability offerings include different types of learning and training solutions, including retail learning […]

25 05, 2016

Flowering Tree Investment Management (Ashoka PTE) and Goldman Sachs India Fund reduce stake in VRL Logistics

By |May 25th, 2016|Categories: Stocks|Tags: , , , , |0 Comments

 

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VRL or Vijay Anand Road lines – the bruised stock of the week. VRL Group of companies are one of the leading business group of Karnataka state, India. The company has its headquarters at Hubballi. The Group has business interests in road transportation, logistics, publishing etc.

VRL later started private bus services in between cities and towns of Karnataka, […]

25 05, 2016

International Finance Corporation cuts stake in Snowman Logistics to 7.19%

By |May 25th, 2016|Categories: Stocks|Tags: , , , |0 Comments

Snowman Logistics Logo

Snowman is the leading integrated temperature controlled logistics service provider operating across locations servicing customers on a pan-India basis. The company has set-up temperature controlled warehouses adjacent to cities with a large potential for sourcing and/or consumption of temperature sensitive products including the larger cities such as Mumbai, Chennai, Bengaluru and Kolkata.

The distribution network comprises primary and secondary […]

24 05, 2016

Reliance Mutual Fund reduces stake in PVR to 4.88%

By |May 24th, 2016|Categories: Stocks|Tags: , , |0 Comments

PVR Limited

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PVR is the largest and the most premium film and retail entertainment company in India. Since its inception in 1997, the brand has redefined the way entertainment is consumed in India. It currently operates a cinema circuit comprising of 519 screens in 113 properties in 46 cities pan India.

Reliance Mutual Fund Logo[…]

23 05, 2016

N R Narayana Murthy’s Catamaran Ventures cuts stake in Popcorn maker Agro Tech Food

By |May 23rd, 2016|Categories: Stocks|Tags: , , , , , |0 Comments

Agro Tech Foods Logo

Agro Tech Foods (click here to view this on our SNAP Analytics Tool) is engaged in the business of marketing food and food ingredients to consumers and institutional customers. The Company offers its products under various categories, which include edible oils and sprays, snacks, spreads and dressings, soups, puddings and dessert, and meals and meal enhancers.

The […]

23 05, 2016

Big Whale Ashish Kacholia enters Gujarat Heavy Chemicals with 1.47%

By |May 23rd, 2016|Categories: Stocks|Tags: , , , , |0 Comments

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Gujarat Heavy Chemicals (click here to view this on SNAP –  Analytics Tool) is a well-diversified group with an ascertained footprint in Chemicals, Textiles and Consumer Products segment.

In Chemicals, the company mainly manufactures Soda Ash (Anhydrous Sodium Carbonate) that is a major raw material for Detergents & Glass industries and Sodium Bicarbonate (baking soda).

Its Textiles operations is an […]

23 05, 2016

Big Whale Vijay Kishanlal Kedia re-enters Karnataka Bank

By |May 23rd, 2016|Categories: Stocks|Tags: , , , , |0 Comments

Karnataka Bank

Karnataka Bank, a leading ‘A’ Class Scheduled Commercial Bank in India, was incorporated on February 18th, 1924 at Mangaluru, a coastal town of Dakshina Kannada district in Karnataka State. The bank took shape in the aftermath of patriotic zeal that engulfed the nation during the freedom movement of 20th Century India. Over the years the Bank grew with the […]

20 05, 2016

IDFC Mutual Fund reduces stake in SKS Microfinance from 3.3% to 2.5%

By |May 20th, 2016|Categories: Stocks|Tags: , , |0 Comments

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SKS Microfinance Limited (SKS) is a non-banking finance company (NBFC), regulated by the Reserve Bank of India. It was founded in 1997 by Vikram Akula.

The Company is engaged primarily in providing microfinance services to women in the rural areas of India who are enrolled as members and organized as Joint Liability Groups (JLG).  The Company’s products are […]

19 05, 2016

Vanguard offloads Crompton Greaves CE while Small Cap World Fund enters the stock

By |May 19th, 2016|Categories: Stocks|Tags: , , , |0 Comments

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CGCE is the demerged entity of Crompton Greaves. CG sold its power business overseas to a US private equity fund for an enterprise value of 115 million euros. It included its European, North American and Indonesian power transmission businesses to First Reserve International.

Post de-merger, shareholders of Crompton Greaves received resultant equity in company Crompton Greaves Consumer Electricals.

[…]

19 05, 2016

Schroder Investment Management increases stake in Apollo Hospitals Enterprises to 6.42%

By |May 19th, 2016|Categories: Stocks|Tags: , , |0 Comments

Apollo Hospital Logo

Apollo Hospitals is widely recognized as the pioneer of private healthcare in India, and was the country’s first corporate hospital. The Apollo Hospitals Group, which started as a 150-bed hospital and today, operates 9200 beds across 64 hospitals.

The Group has emerged as the foremost integrated healthcare provider in Asia, with mature group companies that specialize in […]