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Narendra Modi-led govt to strengthen rupee, lead to stocks rally

Last Updated: Tuesday, April 08, 2014, 22:25

Japanese brokerage Nomura has said a Narendra Modi-led government will help the rupee jump to 58 against the US dollar and trigger up to a 10 percent rally in the stock market.

GDP growth to remain in 4.5-5% range in 2014: Nomura

Last Updated: Sunday, February 23, 2014, 14:26

The economy is unlikely to see any major pick in 2014 and may end up with about just 4.5-5 percent growth due to the ongoing fiscal and monetary policy tightening, says a report.

Lower FY'13 GDP to have positive impact on FY'14 figure: Nomura

Last Updated: Monday, February 03, 2014, 20:53

Brokerage house Nomura Monday said the downward revision of FY'13 growth figure by the Central Statistics Office (CSO) will have a positive base effect for GDP expansion in the current fiscal.

FIIs may dump govt debt if inflation fall reverses: Nomura

Last Updated: Tuesday, January 21, 2014, 19:34

Foreign institutional investors have pumped in USD 2.8 billion in debt market between January 1 and 17.

Airtel may increase mobile call rates by 10-20%: Nomura

Last Updated: Thursday, December 19, 2013, 19:47

"On our call with Bharti management on Thursday, it stated voice prices are still trending up and there is potential for a 10-20 per cent increase from current levels," it said.

Govt may do a rethink on monthly hike in diesel rates: Nomura

Last Updated: Thursday, December 19, 2013, 18:13

State-owned fuel retailers currently lose about Rs 434 crore daily on the sale of diesel, PDS kerosene and domestic LPG at government controlled rates.

RBI panel on monetary policy may set CPI as main gauge: Nomura

Last Updated: Friday, December 13, 2013, 21:04

The RBI has been repeatedly saying that it looks at both the CPI and WPI data to arrive at monetary policy responses.

After Goldman, Nomura now sees Narendra Modi wave in India

Last Updated: Wednesday, November 27, 2013, 21:07

Yet another foreign brokerage has said that it expects Narendra Modi-led BJP to come to power after the Lok Sabha elections.

LIC Nomura eyes Rs 200 cr from new capital protection fund

Last Updated: Monday, November 04, 2013, 19:25

"We plan to launch a capital protection oriented fund soon. From this NFO, we aim to raise at least Rs 200 crore," chief executive Nilesh Sathe said.

LIC Nomura MF keen on acquisitions to fuel growth

Last Updated: Sunday, October 27, 2013, 10:52

LIC Nomura Mutual Fund, the MF arm of the nation's largest financial entity, may look at inorganic growth route to emerge as a major player in the cluttered industry that has been bleeding for years due to falling margins and flight of investors.

LIC Nomura targets over Rs 15,000 cr AUM in Q3

Last Updated: Friday, October 04, 2013, 19:32

After posting an impressive 17 percent rise in business in the second quarter, LIC Nomura Mutual Fund aims to cross the Rs 15,000-crore mark in absolute AUM collection in the current quarter, a 50 percent growth q-o-q with focus on new client addition, a top official said.

LIC Nomura eyes Rs 10,000 cr AUM in FY'14

Last Updated: Tuesday, September 03, 2013, 19:33

Despite volatility being witnessed in the bond and equity markets in recent months, LIC Nomura Mutual Fund is confident of achieving Rs 10,000 crore of assets under management (AUM) this fiscal on the back of sound performance in its debt schemes.