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FII equity investments down $18.6 b in first half of 2008-09
Debt securities worth $272 m were bought in April-Sept 2008. Mumbai, March 21 Equity investments by Foreign Institutional Investors stood at $80 billion as on September-end 2008, down by $18.6 billion in the first six months of the current ...
List of 5 final bidders for Satyam likely by March 25
Financial bids evaluation process begins. Mumbai, March 21 Satyam Computer Services today inched closer to finding a buyer as the company began the process of evaluating the financial bids it received from ...
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Board meet: Mr Kiran Karn...
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Testing times for power projects
Stocks of power utility companies have been in the limelight over the past year. Tata Power, NTPC and Neyveli Lignite Corp (NLC) gained 31 per cent, 42 per cent and 60 per cent respectively from their October lows, while the Sensex edged up ...
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The big launch
The wait is finally over. After the many months of frenzied anticipation and controversy, Tata Motors’ much-awaited low-cost-car Nano is set to be launched in Mumbai on Monday. Business Line brings you tomorrow a ...
Buybacks offer little protection to stock prices
BL Research Bureau While more and more listed companies are taking the buyback route to signal that their stocks are undervalued, buybacks completed over the last six months suggest that the strategy has done little to protect stock prices ...
Labelling norms: States urged not book cases on erring food cos
Cos get 3-month breather to comply with regulations. New Delhi, March 21 Bowing to industry pressure, the Centre has ‘requested’ State Governments not to book cases against companies not complying with the Health Ministry’s ...
Index Outlook
The strong rally that made Sensex surge past 8500 in the previous week petered off around 9000. Indian stocks jived to overseas cues in the absence of any market-moving development in the country. The week was marked by inexplicable rallies ...
Everest Kanto Cylinder: Buy
Investors with a long-term perspective can consider accumulating the stock of Everest Kanto Cylinder (EKC), on declines linked to the broad markets. Attractive valuations apart, revenue potential from the commencement of the KG Basin gas ...
NMDC: Buy
The stock of National Minerals Development Corporation (NMDC) now trading at Rs 150, can be accumy\ulated by long term ...
Geodesic: Buy
Investments with a two-year horizon can be made in the stock of Geodesic considering its niche business focussed on instant messaging, and the stock’s attractive valuation. At Rs 64, the stock trades at a throwaway valuation of ...
Punj Lloyd: Hold
At a time when a number of established infrastructure companies have reported sedate December quarter numbers, due to the macro economic slowdown, Punj Lloyd’s order flows and revenue growth have remained relatively healthy. But ...
HSBC Equity Fund: Invest
Investors seeking exposure to large-cap stocks can consider adding the HSBC Equity Fund to their portfolio. Consistent performance and a track record of having unfailingly outperformed its benchmark over the last five years underscore ...
NTPC, Coal India impasse on fuel supply pact ends
Kolkata, March 21 The impasse over signing of fuel supply agreement (FSA) between NTPC and Coal India Ltd has been resolved. The FSA will be signed ...
From inflation to deflation?
In August 2008, grocery prices soared and inflation ripped through the roof to breach the 12-per cent mark, sending shivers through consumers. We continue to be a worried lot even now — but for a different reason. This time around, we ...
Essar group to keep away from listing
Rules out putting up power project in South India. Chennai, March 21 Essar Steel has been delisted. Essar Oil and Essar Shipping and Logistics will soon be. The Essar group, as a matter of policy, will go private and none of the group companies ...
105 companies make 284 offers at IIM Lucknow
New Delhi, March 21 The just-concluded placement season at IIM-Lucknow saw 105 companies make a total of 284 offers. Offers in marketing and finance continued to dominate the ...
Weekly News Round-up(Latest Audio:Enlgish))
L&T, Spice Corp and Tech Mahindra have submitted their EoIs to take part in the Satyam bidding process, even as iGate backed off from the race. The exact number of EoIs is immediately not known as reports suggested that some multinationals ...
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