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sensex-hits-all-time-high-of-22000-market-expert-gives-credit-to-fii-inflows

Sensex hits all time high of 22000, Market Expert gives credit to FII inflows

Mumbai, March 10 (ANI): BSE Sensex hit a fresh all-time high and breached 22,000 mark on the back of strong foreign inflows from Foreign Institutional Investors (FII), said Market Expert Sunil Shah. Shah said that the FII investment comes as they think that India will outperform than other markets. He said that this comes in the backdrop of the ongoing wave in India that NDA will come to power after upcoming polls and Narendra Modi is considered as a investor-friendly and industry-friendly person. Further, Shah also cautioned the investors before investing high amounts in the market. Mar 11, 2014
sensex-hits-all-time-high-of-20000-market-expert-gives-credit-to-fii-inflows

Sensex hits all time high of 20000, Market Expert gives credit to FII inflows

Mumbai, March 10 (ANI): BSE Sensex hit a fresh all-time high and breached 22,000 mark on the back of strong foreign inflows from Foreign Institutional Investors (FII), said Market Expert Sunil Shah. Shah said that the FII investment comes as they think that India will outperform than other markets. He said that this comes in the backdrop of the ongoing wave in India that NDA will come to power after upcoming polls and Narendra Modi is considered as a investor-friendly and industry-friendly person. Further, Shah also cautioned the investors before investing high amounts in the market. Mar 10, 2014
chit-fund-investors-stage-protest-in-siliguri-threaten-to-boycott-polls

Chit fund investors stage protest in Siliguri, threaten to boycott polls

Siliguri, Mar 8 (ANI): Thousands of duped investors in Siliguri city of West Bengal took to streets protesting against chit fund companies in the state. People were protesting against fraudulent chit fund companies in the state and also threatened to boycott upcoming general elections, if action is not taken in this regard. Over two lakh investors from different parts of northern Bengal, who have invested 433 crore rupees, are demanding arrest of owners of all chit fund companies. Protesters alleged that they invested in companies after getting assurance from the state government, but now they are not taking any stringent actions. The Saradha Group went bust in April 2013, wiping out crores of rupees in deposits from mostly low-income Indians, miring West Bengal's government in scandal, and illustrating the risks faced by the millions who live outside the banking system. Mar 8, 2014
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Government to set up inflation target, RBI to implement: Chidambaram

New Delhi, March 07 (ANI): Union Finance Minister P Chidambaram asserted on Friday that the government has the right set up an inflation target while the Reserve Bank of India's (RBI) role is to implement the decision. The comment by Chidambaram comes after a RBI panel in January proposed moving to an inflation target of 4 percent in three years, with a 2 percent band on either side when setting monetary policy, sharply below current levels. The recommendation raised concerns about a potential clash with the traditionally more pro-growth finance ministry, which were further reinforced after RBI surprised investors in January by raising interest rates by a quarter percentage point, its third hike in five months. Chidambaram made it clear that parliament will set an inflation target and entrust the central bank to implement the propositions. Mar 7, 2014
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SC rejects Sahara's repayment proposal, Subrata Roy to stay in jail

New Delhi, March 07 (ANI): The Supreme Court on Friday rejected Sahara Group's plea of releasing Subrata Roy and other two directors from police custody. The Court found Sahara's proposal of refunding crores of rupees to small investors in installments improper and therefore rejected it by calling it a "big insult". The apex court pulled up the Sahara chief for making bench assemble before March 11 schedule. The SC, however, allowed Sahara's financial consultants and lawyers to meet Roy in jail between 10 AM and 12 noon everyday. Mar 7, 2014
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Ink thrown on Subrata Roy outside SC

New Delhi, Mar 4 (ANI): Ink was thrown at Sahara chairman Subrata Roy on Tuesday as he arrived at the Supreme Court on Tuesday. The man suspected to have thrown ink on Subrata Roy has been detained. After being detained the man said that he threw the ink because Roy is a thief. Roy was driven down from Lucknow to Delhi last night in a Mercedes escorted by police cars. He reached the Supreme Court for his appearance in a contempt case arising out of non refund of Rs 20,000 crore to investors. Mar 4, 2014
Apple Will Replace Your Faulty iPhone 5 Battery For Free Until Next Year; Check If Your Device Is Eligible

Apple iPhone 6 Pegged to Make Early Debut in July: Report

Just a few days ago, we saw Samsung unveiling the company's flagship phone Galaxy S5. Now a new report has surfaced online suggesting that the arch -rival Apple is getting ready for an early launch of its new generation marquee handset iPhone 6 this summer. Feb 28, 2014
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Sahara chief Subrata Roy surrenders

New Delhi, Feb 28 (ANI): Sahara chief Subrata Roy was on Friday taken into police custody in Lucknow following Supreme Court's warrant against him for not appearing in court in a case linked to his alleged failure to return investors' money. His son and Executive Director of Sahara Group Sumanto Roy told that being a law abiding citizen Subrata Roy willfully decided to submit himself to Lucknow police. Feb 28, 2014
up-police-fails-to-arrest-subrata-roy-police-returns-from-his-residence

UP Police fails to arrest Subrata Roy, police returns from his residence

Lucknow, Feb 27 (ANI): A team of UP Police on Thursday returned without arresting Sahara chief Subrata Roy despite a non-bailable arrest warrant against him. According to the police, Subrata Roy is not at his residence in Lucknow. The police had arrived there after the NBW was issued against him for failing to appear before the Supreme court in a contempt case arising out of non refund of Rs 20,000 crore to investors by two of his companies. The Sahara Chief has meanwhile, moved to SC seeking cancellation of the NBW and undertook to appear before it on March 4. Feb 27, 2014
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Samsung Galaxy S5 Price: New Flagship Smartphone to be Cheaper than Predecessors?

Samsung Electronics has been keeping mum on the release date, features and pricing of its much-anticipated new flagship smartphone Galaxy S5 all this while, despite varying reports on it. But the company's silence has indirectly led to more speculations. Now, a new report has emerged claiming that the new smartphone will cost lesser than its predecessor Galaxy S4 and other previous S series phones. Feb 19, 2014
iphone-6-concept-image-by-lewi-hussey

iPhone 6 Release Date: Early Launch for Apple's Flagship Smartphone?

From a business point of view, Apple Inc. should launch its upcoming flagship smartphone iPhone 6 in the third or fourth quarter of the year but it looks like the Cupertino giant is now under pressure to release the device early, with archrivals Samsung Electronics set to release the Galaxy S5 this month. Feb 19, 2014
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