Headlines (13 Oct 2009)

Date: 13 October 2009

 Thought for the day

“Every adversity carries with it the seed of an equivalent or greater benefit.”

 –Napolean Hill

 GENERAL

1)India successfully test-fired in quick succession two nuclear- capable Prithvi-II surface-to-surface missiles with a range of 350 km from the Integrated Test Range at Chandipur off the Orissa coast on Monday. The two indigenously developed missiles were test-fired successfully at 10:28 am and 10:33 am from mobile launchers as part of user trials by the Army, defence sources said.

TOI

ECONOMY

 2)INDUSTRIAL growth rebounded to a 22-month high of 10.4% in August as companies bumped up production to meet the strong demand for consumer durables. Electricity and mining sectors pitched in with a double-digit growth, forcing economists to revise their forecast of national income for 2009-10 by an average of half a percentage point.

ET

3)Foreign direct investment(FDI) inflows into India rose 40.37% in August at $3.26 billion against $2.32-billion FDI received in the same month last year, on higher investment by investors in expanding existing business operations in the country.

FE

CORPORATE / INDUSTRY

4)Welspun-Gujarat Stahl Rohren, the flagship company of the Welspun Group, has said its outstanding order-book has reached the Rs 10,000-crore mark. The figure in the order-book includes order executed during the second quarter of the financial year 2009-10.

BS

MONEY & BANKING

5)Riding on a strong surge in the equity markets, the rupee on Mon- day pared most of the losses but still ended down by eight paise at 46.48/49 against the US dollar.

 BL

6)BUOYED by a surge in loan disbursement, the country’s biggest mortgage lender HDFC reported a 24.2% rise in net profit for the second quarter ended September 30. Net profit for the three months rose to Rs 663.9 cr against Rs 534.2 cr in the year-ago period amid a 24% rise in loan offtake.

ET

7)Axis Bank on Monday posted a 32% rise in its net profit at Rs 531.64 crore in the second quarter of 2009-10 fiscal. The bank had recorded a net profit of Rs 402.91 crore in the corresponding period of the last fiscal.

FE

8)South Indian Bank Ltd(SIBL) on Monday announced 40.43% growth in net profit for the second quarter this fiscal compared to the cor- responding quarter previous year. “The bank has registered highest- ever quarterly net profit of Rs 72.57 crore during the second quarter of this financial year against Rs 51.68 crore for the same period last year,” bank’s MD&CEO VA Joseph said. “This growth is the highest ever in the 80 years of existence of the bank,” he added.

FE

INSURANCE

9)Insurance Regulatory Development Authority(Irda) is mulling options to allow banks to tie up with two to three insurance companies to sell their insurance products, a senior Irda official said. At pre- sent, banks cannot have tie ups with more than one insurer.

FE

MARKETS

 10)The domestic equity bourses started the week on a solid note after the latest data showed a surge in industrial output in August 2009. The 30-share Sensex of the Bombay Stock Exchange(BSE) surged 384.01 points or 2.31% to end the trading session above the psycho- logical 17,000 level at 17,026.67 points. On the other hand, the broader 50 share Nifty of the National Stock Exchange(NSE) closed the day at 5,054.25 points, gaining 2.21% or 109.05 points.

FE

11)FOREIGN funds have increased their holdings in a host of bluechip firms during the second quarter ending September, endorsing their faith in India and highlighting the allure of the country’s growth prospects as a hedge against a falling dollar. Of the 59 A-group companies that have so far released shareholding data for July-September quarter, foreign institutional investors(FIIs) have raised stakes in as many as 41 firms, many of them spanning sectors such as real estate, banking and pharmaceuticals.

ET

12)All markets, including the Bombay Stock Exchange, the National Stock Exchange, Forex, Money, MCX futures, Bullion and Oils and Oilseeds, will remain closed on Tuesday on account of Assembly elections in Maharashtra.

FE

 IPO

 13)The initial public offering (IPO) of Indiabulls Power got subscribed nearly six times on the first day of issue on Monday asinstitutional investors flooded the counter with maximum number of bids.

FE

14)Jubilant Foodworks, which runs the Indian franchise for global fast food chain Domino’s Pizza, on Monday filed an application with market regulator Sebi for an initial public offering to raise up to Rs 300 crore.

FE

STOCK SPLIT

15)The board of directors of Bajaj Electricals Ltd has approved the sub-division of equity shares from 1 equity share of Rs 10 each to 5 equity shares of Rs 2 each, to improve the liquidity of the equity shares with higher floating stock in absolute numbers, subject to approval of shareholders and other authorities.

FE

MUTUAL FUNDS

 16)A NEW investment theory is gaining favour with wealth managers and mutual funds, something that could soon replace the conventional systematic investment plans(SIPs) strategy. Termed value averaging investment(VAI), the technique allows investors to determine the size of investment needed (at the time of investing) to get desired returns. Value averaging works much like rupee cost averaging, which forms the basis of systematic investment plans. “While SIP investments are made on fixed dates, irrespective of market conditions, VA investments are made on dates when the markets look investible. The best aspect of VAI is that it enables investors to buy stocks at dips – a facility that is not really possible in SIPs,” said Nipun Mehta, head of Societe Generale Private Banking India.

ET

17)FIXED Maturity Plans or FMPs – that helped fund houses turbocharge their assets under management – appear to be making a comeback, albeit in a smaller way. Hardening interest rates, improving financials of companies and a taxation benefit are drawing some investors back to this close-ended debt product.

ET

18)Union Bank of India has received the approval from the Securities and Exchange Board of India to start its joint venture mutual fund company with Belgium-based KBC group. The JV-Union KBC Asset Management Company – expects to roll out its first MF product in the market as early as February, 2010.

ET

COMMODITIES

19)Gold prices rose back above $1,055 an ounce on Monday as the dollar turned lower against the euro, adding to upward pressure from rising oil prices and improving jewellery demand.

BL

20)Prices of silver coins on Monday touched an all-time high level of Rs 32,700 per 100 pieces in the bullion market in New Delhi on brisk buying ahead of Diwali. Silver prices spurted by Rs 230 to 27,550 a kg on emergence of buying by industrial units. Silver weekly-based delivery rose by Rs 210 to Rs 27,535 a kg. Mean- while, standard gold an ornaments rose by Rs 45 each to Rs 16,095 and Rs 15,945 per 10 gm, respectively. Sovereign held steady at Rs 12,950 a piece of 8 gm.

BS

21)Copper prices rose on Monday as a recent raft of improving data brightened the demand outlook, but optimism was capped by a fresh rise in inventories. Copper for three-months delivery on the London Metal Exchange traded at $6,285.50 a tonne at 0942 GMT from a close of $6,230 on Friday.

 BS

 COMMUNICATIONS

 22)INDIA’S communications regulator is all set to take the first steps towards permitting consolidation in the country’s fragmented telecom space in a bid to address concerns of both operators and the government that existing policies which act as roadblocks for M&As will destroy the sector. The regulator is examining several issues including changes in policy that will allow operators to buy each other out and sell spectrum or radio waves between themselves. Spectrum is the lifeline for telecom companies in India.

ET

BUSINESS PROCESS OUTSOURCING

 23)AN Increasing number of business process outsourcing(BPO) firms in India are now making a beeline to locations outside of the major metros with the focus of having lower operating costs and serving the local market. Aditya Birla Minacs, a top 10 BPO firm in India and part of the Aditya Birla Group, is adopting the ‘hub and spoke’ model to get into the tier-III and rural locations.

ET

INFORMATION TECHNOLOGY

 24)IN what could be an almost $7-billion services opportunity for Indian tech firms apart from other multinational rivals, top business software customers including Siemens are questioning heavy product maintenance fees paid to companies such as SAP and are exploring third-party maintenance with Indian tech firms among other global vendors.

ET

INTERNATIONAL

 25)Oil rose by more than $1 a barrel to a six-week high above $73 on Monday, supported by optimism about the pace of global economic recovery and indications of stronger oil demand.

BS

 FOR MORE INFORMATION, PLEASE BROWSE THROUGH THE FOLLOWING SITES.

Karvy Consultants Ltd www.karvy.com
 www.khojhyderabad.com
 www.indiacorporateadvisor.com
 www.karvycomtrade.com (Commodities)
KARVY Global Services Ltd www.KARVYGlobal.com
KARVY Realty (India) Limited www.karvyrealty.com
Economic Times www.economictimes.com
The Financial Express www.financialexpress.com
Business Line www.businessline.in
Business Standard www.business-standard.com
The Times of India www.timesofindia.com
The Hindu www.hindu.com
Deccan Chronicle www.deccan.com
The New Indian Express www.newindpress.com

Headlines (04 Sep 2009)

Date: 04 September 2009

 Thought for the day

“Excellence is not a destination; it is a continuous  journey that never ends.”

 –Brian Tracy

 GENERAL

1)Congress on Thursday hailed Y S Rajasekhara Reddy, who was killed in a chopper crash, as a “man of vision and courage” and attributed Congress’s revival in Andhra Pradesh to the leadership of the departed leader. Prime Minister Manmohan Singh, party chief Sonia Gandhi and general secretary Rahul Gandhi will reach Hyderabad on Friday to pay homage to YSR and meet members of this family.

TOI

ECONOMY

2)ANNUAL inflation measured by the wholesale price index(WPI) registered its lowest fall in the last three months, with inflationary pressures starting to build up in the economy. Inflation for the week ended August 22 moved up to -0.21% from -0.95% recorded  in the week before, data released by the commerce ministry on  Thursday showed.

ET

3)THE government has cleared eight FDI proposals which are likely  to bring in Rs 1.31 crore into the country. The largest FDI of Rs 1.28 crore will be brought in by US-based information technology firm Tecnotree Convergence.

ET

CORPORATE / INDUSTRY

4)THE Brij Mohan Khaitan group-controlled McLeod Russel India(MRIL), the largest integrated tea conglomerate in the world, has announced plans to buy some 75% stake in Olyana Holdings, an American company. This is the group’s second overseas acquisition of a tea plantation, after it took over Phu Ben Tea Company of Vietnam last October.

ET

5)HEALTH and skin care products maker Johnson & Johnson on  Thursday announced the launch of its global beauty care brand ‘Neutrogena’ in the domestic market with an aim to be one of the top five companies in India.

ET

6)MOSER Baer India said it has bagged an engineering, procurement & construction (EPC) contract from Mahagenco, the Maharashtra government led power generation company, to develop solar power project for it in Chandrapur, Maharashtra.

ET

MONEY & BANKING

7)THE rupee ended stronger by five paise at 48.91/92 against the  US currency amid weak equity markets. At the interbank foreign exchange market, domestic unit opened remarkably higher at  48.82/84 a dollar and firmed up further to 48.80.

ET

8)Standard Chartered aims to add at least $500 million in client  assets at its Indian wealth arm by the end of 2010, taking the  total under management at the unit to more than $2 billion, a  senior executive said.

BS

INSURANCE

9)INSURANCE regulator Irda has instructed general insurers to  give a 15-day free-look period for health insurance policies with a duration of three years to the insured. “All health insurance policies having a duration of three or more years will have a pro- vision that on the first inception of the policy, the insured has a period of 15 days from the receipt of the documents to review the terms and conditions of the policy,” the Insurance Regulatory and Development Authority(Irda) said in a circular. Within these 15 days, a policy-holder can return the policy, stating the reasons for his objection, if he disagrees to any of the terms or conditions, the regulator said.

ET

MARKETS

10)Shares ended lower for a fourth straight session on Thursday as investors ignored positive cues from most Asian markets and pared positions. The Sensex closed down 69.13 points, or 0.5 percent, at 15,398.33, after volatile trading between 15,356.72 and  15,598.18. Asian shares ended mostly higher with some markets pepping up after a lacklustre start as Chinese stocks posted their biggest percentage gain since March.

BL

11)SUB-brokers in the stock market are likely to be exempted from  the requirement of registering with the capital market regulator before starting their operations as per a proposal under consideration of the Finance Ministry and the Securities and Exchange Board of India(Sebi).

ET

STOCK SPLIT

12)IL&FS Investment Managers on Thursday said it has received  shareholders’ approval for sub-division of shares in the ratio of 1:5. Company’s shareholders have given their approval for the stock- split of face value of Rs 10 a piece into five shares of Rs 2 each, the company said in a filing to the BSE.

FE

MUTUAL FUNDS

 13)Tired of filling several application forms to invest in different mutual fund schemes? Wait till March 2010, and you’ll just click this cumbersome process away. The advisory committee of the Association of Mutual Funds in India(Amfi) has finalised a proposal containing recommendations for a common platform to provide easy access to investors and distributors to reduce costs, improve efficiency and save time. To begin with, investors will have to register with a designated agency that will give them unique identification numbers, which could be their permanent accont numbers, and passwords. Through this, they can log on to a website, trans- act and access information, including the value of all their mutual fund investments.

BS

14)UTI Mutual Fund on Thursday declared a dividend of Re 1 a unit  under its UTI Leadership Equity Fund. The record date for the dividend is September 8, the fund house said in a statement.

BL

COMMODITIES

15)India’s monsoon rains were near normal for the third successive week in the seven days to September 2, official sources said,  likely helping boost depleted reserviors levels and providing a last lift for the soybean crop.

FE

16)GOLD prices on Thursday surged to a seven-month high to Rs 15,700 per 10 gram, close to its record high levels in February, in the national capital on brisk buying by traders for the festival season, and firm cues from global markets amid falling stocks. The precious metal spurted by Rs 270 at Rs 15,700 per 10 gram, a level last  seen on February 18, just Rs 50 less than the record level seen on the next day.

ET

17)Indian spot sugar prices jumped over 4% to a fresh record peak on Thursday buoyed by good retail demand and a delay in announcing  non-levy sugar quota for September, traders said. Depleting stockpile and firmness in overseas markets also bolstered sentiments, they said.

FE

18)The three national commodity exchanges recorded a staggering performance in August despite uncertainty over recovery in global economies forced participants to play safe and hold back their investment and trading plans. The three exchanges including the Multi Commodity Exchange(MCX), the National Commodity & Derivatives Exchange(NCDEX) and the National Multi-Commodity Exchange(NMCE) that represents over 95 per cent of the country’s future trade, witnessed 45.40 percent rise in turnover at Rs 6,17,484.83 crore in August 2009 as com- pared to Rs 4,24,666.28 crore in the corresponding month last year.

BS

REAL ESTATE

19)Housing prices, which have cooled down from their peak, are expected to rise by 15 per cent in the next one year on back of  an increased demand, a report by investment banker JP Morgan on the realty sector has said.

BS

20)THE Rs 15,000-crore Ahmedabad-Gandhinagar realty market, a  significant portion of the Rs 40,000-crore state’s real estate, will soon get to choose from 500 new projects, worth Rs 2,500 to Rs 3,000 crore. The projects by developers, state as well as national players, will be showcased at the annual Gujarat Institute of Housing & Estate Developers'(GIHED) 3-day property show that begins on September 11 in Ahmedabad. The number of projects has increased from 300 to 500 this year, said GIHED past president Jaxay Shah.

ET

INFORMATION TECHNOLOGY

21)SIGNS of recovery in the US and the European economies makes  Nasscom hopeful of seeing double-digit growth in the country’s IT exports sector. “We feel that IT software and service exports will attain growth in double digit in next financial year on the back of revival of economies of US and Europe which were hit by meltdown, ” Nasscom chairman Pramod Bhasin told reporters on the sidelines of an event.

ET

22)IT bigwigs HCL, Genpact, TCS are mapping Chandigarh and adjoining Tier-II and Tier-III cities for expansion. With Infosys, Wipro and Tech Mahindra already entrenched in the Rajiv Gandhi Chandigarh Technology Park, the city is fast becoming a preferred choice for IT companies.

FE

23)INDIA’S largest IT employer Tata Consultancy Services, that is eyeing the $10-billion revenue mark in the years to come, said it will hire 25,000 people globally this year, 90% of which will be in India.

ET

INTERNATIONAL

 24)Crude oil retreated after more Americans than anticipated filed claims for jobless benefits last week, spurring scepticism about  the strength of the recovery from the country’s worst recession since the 1930s. Crude oil for October delivery declined 5 cents to $68 a barrel at 10:20 a.m. on the New York Mercantile Exchange.

BL

25)THE global recession is coming to an end faster than thought just a few months ago and may already be over, according to forecasts published by the Organisation for Economic Co-operation and Development on Thursday.

ET

FOR MORE INFORMATION, PLEASE BROWSE THROUGH THE FOLLOWING SITES.

Karvy Consultants Ltd www.karvy.com
 www.khojhyderabad.com
 www.indiacorporateadvisor.com
 www.karvycomtrade.com (Commodities)
KARVY Global Services Ltd www.KARVYGlobal.com
KARVY Realty (India) Limited www.karvyrealty.com
Economic Times www.economictimes.com
The Financial Express www.financialexpress.com
Business Line www.businessline.in
Business Standard www.business-standard.com
The Times of India www.timesofindia.com
The Hindu www.hindu.com
Deccan Chronicle www.deccan.com
The New Indian Express www.newindpress.com

Headlines (27 Aug 2009)

Date: 27 August 2009

 Thought for the day

“The only way things are going to change for you is when you change.”

 –Jim Rohn

GENERAL

 1)India and China have agreed to set up a joint expert working group on the environment, which will explore how the two countries can combat global warming through reforestation. China adds an estimated four million hectares of forest cover every year, while India adds around one million hectares.

Hindu

CORPORATE / INDUSTRY

 2)MAX India chairman Analjit Singh has joined hands with PRS Oberoi group flagship EIH Ltd to set up a 100-bed five-star hotel in Dehradun under the Trident brand, triggering talks that the billionaire businessman had larger plans for the hospital sector.

ET

3)Earth moving equipment major BEML Ltd said it has bagged export orders worth $44 million(nearly Rs 215 crore) from two Indonesian coal mining companies for the supply of 127 mining equipment.

BL

4)Motherson Sumi Systems(MSSL), the flagship company for the Samvardhana Motherson Group, has bagged a contract worth 500 million euro(Rs 4,000 crore) from a group of German car makers to supply rear-view mirrors for six years.

FE

MONEY & BANKING

 5)The rupee weakened for the third day on Wednesday on speculation that the importers bought foreign currency to meet month-end payments. The currency dropped as refiners such as Indian Oil Corporation may have stepped up dollar purchases to pay for crude oil importers after the price of the commodity gained 4 per cent this month. The rupee lost 0.4 per cent to 48.935 per dollar close in Mumbai, according to data compiled by Bloomberg.

BL

6)Close on the heels of NSE, Bombay Stock Exchange will also be launching interest rae futures(IRF) in the next 8 to 10 weeks, the BSE said on Wednesday. BSE received capital market regulator SEBI’s approvals for launching IRF with immediate effect on Tues- day.

BL

INSURANCE

7)The proposals of politically-exposed persons should be approved by the insurance companies only after vetting of the contract by the senior management staff, the Insurance Regulatory and Development Authority (IRDA) has said.

BL

8)MetLife India Insurance Company Ltd(MetLife) today announced its foray into monthly income plan segment through the launch of a new product ‘Met Monthly Income Plan’. This plan provides guaranteed monthly regular income chosen at inception of the policy for 15 years after the end of the premium payment term.

BL

MARKETS

9)Shares ended higher for a fifth straight session on Wednesday, helped by short covering ahead of Thursday’s derivatives contract expiry and positive cues from Asian markets. Chinese shares led most Asian markets higher on Wednesday, with stocks in Shanghai rebounding on strong earnings reports from Air China and China Life Insurance Co. The Sensex ended up 81.38 points, or 0.5 percent, at 15,769.85 after trading range-bound between 15,695.94 and 15,831.49 in the session. On the NSE, the 50-stock S&P CNX Nifty rose 21.50 points, or 0.5 per cent, to close at 4,680.85.

BL

10)Stocks of some of the exporting companies improved a little on expectation of announcement on relief measures in the foreign trade policy, scheduled to be declared on Thursday. The Commerce Ministry is reportedly considering additional sops to exporters to help them tide over the demand contraction in the US, Europe and Japan.

BL

11)Even while equity indices remained flat on Wednesday, the stock of Aban Offshore, India’s largest oilrig company headquartered in Chennai, zoomed 26.92% or Rs 325.90 on the Bombay Stock Exchange (BSE). The company’s stock closed at Rs 1,536.35 after signing contracts in the Middle East and Latin America.

FE

IPO

12)Pyramid Saimira Theatre Limited, an end-to-end entertainment company, has decided to list two of its important subsidiaries – production and content distribution – to raise funds for its future growth.

FE

13)Kishore Chhabria’s Allied Blenders & Distillers (ABD) will finally go ahead with its IPO to raise about Rs 250 crore for funding its expansion plan which includes setting up of distilleries and launch of new brands.

BL

STOCK SPLIT

 14)Educomp Solutions Ltd board has approved a 5-for-1 stock split to improve liquidity, the education software firm said on Wednesday. Shares in Educomp were up 3.8 per cent at 4,293 rupees by 1.10 pm in a Mumbai market that was up 0.62 per cent.

BS

MUTUAL FUNDS

 15)In a bid to compensate the distributors following market regulator Securities and Exchange Board of India’s(Sebi’s) ban on entry load, some mutual funds have decided to make at least 50 basis points (bps) upfront payment to them. A few others are going up to even 100 bps.

BS

COMMODITIES

 16)Copper rose on Wednesday as economic and demand hopes fuelled investor buying, but analysts say prices have climbed above levels supported by fundamentals. Other industrial metals followed including lead, which surged to a 1-year high of $2,110 a tonne on worries about supplies from China, after a spate of smelter closures because of pollution. Three-month copper on the London Metal Exchange was trading at $6,378 a tonne at 0948 GMT from $6,311 on Tuesday.

BL

17)Gold rose towards $950 an ounce in Europe on Wednesday as the dollar weakened against the euro, boosting interest in the precious metal as an alternative asset, and oil prices recovered early losses.

BL

REAL ESTATE

18)The Indian realty sector may witness better investor interest in land acquisitions during Q3FY10 comprising up to 20% of the foreign direct investment(FDI), according to industry experts. In comparison, Q3FY09 witnessed 12% of FDI being invested in land acquisition, thanks to the global meltdown during Q3 and Q4 of FY09. Currently, residential real estate constitutes 80% of the Rs 10,000 crore overall realty market.

FE

19)DELHI-based privately held realty firm BPTP, which shot into limelight last year after winning the bid for the country’s largest ever land deal in Noida and slid into a financial mess thereafter, says it has seen off the financial troubles but remains cautious on growth. The company intends to raise funds through an initial public offer(IPO), but has not decided on the timing or the amount to be raised, a senior executive said. “We are out of this mess (Noida land deal). Home sales have picked up and we have received bookings for around 5,500 houses,” said BPTP director Sudhanshu Tripathi, explaining how things were improving at the firm.

ET

COMMUNICATIONS

 20)Telecom major Bharti Airtel on Wednesday announced the launch of its m-Commerce service ‘mChek on Airtel. It will allow its subscribers to pay their Airtel mobile and fixedline bills on the voice platform.

FE

BUSINESS PROCESS OUTSOURCING

21)IT biggies Infosys Technologies, Tata Consultancy Services(TCS) and Wipro are not keen on picking up Warburg Pincus’ stake in Mumbai-based BPO firm WNS Global Services on account of high valuations and the lack of a strategic fit with their existing businesses, according to multiple sources tracking the development. This has substantially reduced the level of interest in one of the biggest BPO opportunities in recent times. Warburg’s decision to exit its 50% stake in WNS had generated a lot of interest from private equity funds and players from the IT and BPO sector.

ET

22)The BPO arm of Mahindra Satyam seems to be on a hiring spree with plans to recruit additional 300 persons by next month, even as the parent is rationalising its headcount. The company recently bagged a major contract from a domestic client for providing it back office support and also hired 700 people last month.

FE

INFORMATION TECHNOLOGY

 23)INDIA’S top three software exporters TCS, Infosys Technologies and Wipro along with MNC rival IBM on Wednesday announced that they have won new outsourcing contracts from British Petroleum (BP) to be delivered over next five years. The deal is valued at around $1.5 billion.

ET

24)Infosys Technologies, India’s second biggest software exporter, said on Wednesday that its indigenous wireless sensors have been implemented among six of its retail customers in the US, Europe and India. The sensors are part of an integrated retail solution Shopping Trip 360, which focuses on a wireless network of sensors and mobile data links. The technology will give retailers and packaged goods suppliers highly detailed information about the customer behaviours.

ET

INTERNATIONAL

 25)The employment dynamics in the United States are finally changing and for good more than half of the country’s employers are planning to hire in the next 12 months, a survey has said. Technology, customer services and sales are the top three areas which have a bullish perspective in these tough times as employers in this segment would be the first ones to add jobs once the economy recovers.

FE

FOR MORE INFORMATION, PLEASE BROWSE THROUGH THE FOLLOWING SITES.

Karvy Consultants Ltd www.karvy.com
 www.khojhyderabad.com
 www.indiacorporateadvisor.com
 www.karvycomtrade.com (Commodities)
KARVY Global Services Ltd www.KARVYGlobal.com
KARVY Realty (India) Limited www.karvyrealty.com
Economic Times www.economictimes.com
The Financial Express www.financialexpress.com
Business Line www.businessline.in
Business Standard www.business-standard.com
The Times of India www.timesofindia.com
The Hindu www.hindu.com
Deccan Chronicle www.deccan.com
The New Indian Express www.newindpress.com