FIIs net sellers of Rs 84.64 cr in cash segment on Thursday

Foreign institutional investors (FIIs) were net sellers of Rs 84.64 crore (provisional) in the cash segment on Thursday, according to information posted on the BSE website. While FIIs made gross purchases of Rs 2,066.04 crore, their gross sales amounted to Rs 2,150.68 crore. Domestic institutional investors (DIIs) were net buyers of Rs 580.11 crore (provisional) … Read more FIIs net sellers of Rs 84.64 cr in cash segment on Thursday

EasyInsuranceIndia inks pact with 20 insurance companies

EasyInsuranceIndia.com has tied up with 20 insurance companies including public sector life and non-life insurers. The Chennai based online insurance broker received the approval from the Insurance Regulatory and Development Authority (IRDA) recently to start this new form of business. The company which recently partnered with Oriental Insurance expressed its hope to attain a 5% … Read more EasyInsuranceIndia inks pact with 20 insurance companies

Punj Lloyd – Expects slowdown in petrochemical

The company expects slowdown in petrochemical segment, but no slowdown in oil & gas sector, which constitutes 65% of total business Key highlights of Post Q3FY09 results:- Liquidity environment during Q3 was tight and the interest rates went up sharply. The business environment was not affected much but there was fear everywhere as to what … Read more Punj Lloyd – Expects slowdown in petrochemical

Reliance Infrastructure – EPC division order book Rs 21,510 crore

Reliance Infrastructure Ltd held a conference call to discuss growth plans. Highlights The Company has Rs 9,898 crore (US$ 2.03 billion) of cash and cash equivalents. Of which more than Rs 5,000 crore (US$ 1.03 billion) cash is in debt mutual funds, without any exposure to equity markets. The Company has a debt of Rs … Read more Reliance Infrastructure – EPC division order book Rs 21,510 crore