TNM

Mirae Asset MF launches ‘ASSET GILT FUND’

Mirae Asset MF launches ‘ASSET GILT FUND’Mirae Asset Mutual Fund, a leading asset management cum financial services Provider Company has rolled out 'Mirae Asset Gilt Fund', an open-ended Gilt scheme in the domestic market.

Through the launch, the company is offering investors the opportunity to participate in a portfolio comprising of Government Securities issued/guaranteed by Central and State Governments with varied maturity through Savings and Investment plans.

Kotak Mahindra Bank's standalone PAT at Rs 71cr for Q3FY09

Kotak Mahindra Bank's standalone PAT at Rs 71cr for Q3FY09A decline by 64% in the net profit of Kotak Mahindra Bank to Rs 130.9 crore for the quarter ended December 2008 compared to the year-ago period was reported by the bank today.

Due to weak liquidity and lower advances, the quarter registered fall in the total income of the bank. Total income fell by 32.14 per cent to Rs 1,684.75 crore during the quarter under consideration, from Rs 2,482.72 crore in the same period.

Q3 net of RIL dips 10% at Rs 3,501 cr

Q3 net of RIL dips 10% at Rs 3,501 crIt was recently informed by India's largest listed company, Reliance Industries Ltd that the company's quarterly earnings sank by 9.8%, which is its first drop in three years. However, the forecasts have been beaten by the company as refining margin eased less than expected.

It is being hoped by Reliance, which is India's largest petrochemical producer and refiner that the good times for the company will commence in the second half of February when it will start generating 30-40 million cubic metres of natural gas a day from its deep-sea fields off India's east coast.

eScan 10 rolled by MicroWorld

eScan 10 rolled by MicroWorld Recently, the announcement of eScan 10, antivirus, content security and firewall software was made by MicroWorld.

GUI has been simplified in eScan 10 that will now make it easier to operate for a novice user too. Furthermore, eScan 10 also provides multi-level protection with advanced configuration control apart from featuring real time network activity monitor making use of a TCP viewer utility.

January 26 to see partial solar eclipse

January 26 to see partial solar eclipse The parts of south India, on the eastern coast, northeast, Andaman and Nicobar Islands and Lakshadeep will experience a partial solar eclipse on 26th January, which would be a sight for all the skygazers.

It was reveled by the sources in the Positional Astronomy Centre on Wednesday that the southern Africa, northwestern Antarctica, Australia and Southeast Asia are the parts from where this eclipse would be visible.

As far as the duration is concerned, this annular eclipse would vary between 90 minutes to two hours.

MindTree revises operating profit forecast for FY09

MindTree revises operating profit forecast for FY09Software firm MindTree Ltd expects improvement in its operating margin for the financial year 2009 and revised its earnings guidance forecasts. The company said, "Members of the investor community have drawn attention to this. We have taken a fresh look at our EBITDA guidance and updated our estimates."

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