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Indian bank stocks dance to US tunes
High FII stakes, ADRs, overseas exposures explain rising correlation. BL Research Bureau Are Indian banks really immune to the global financial crisis due to stricter regulation? Though regulators and market players may say so, the stock markets ...
Satyam winner may be named on April 13
New Delhi/Mumbai/Hyderabad, April 4 The Satyam board has extended the deadline to submit technical and financial bids to April 13 from April 9 with the bidders seeking more information on the company, according to Satyam board member Mr ...
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Meeting target: Mr...
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The growth potion
Pharma Mergers and acquisitions. The pharma industry’s love for mergers and acquisitions is not something new. Companies have in the past taken this route to grow. But while the M&A frenzy had almost always been restricted to the US ...
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Index Outlook
Sensex is on a roll! It has snapped 28 per cent higher from the March 6-trough and this is the fourth consecutive positive weekly close for the index. The bulls appear to be in no mood to relinquish control just yet and the speed with ...
Welspun Gujarat Stahl Rohren: Buy
Investors with a high-risk appetite can consider accumulating the stock of Welspun Gujarat Stahl Rohren, a leading manufacturer of steel pipes. At the current market price of Rs 80, the stock trades at about five times its estimated ...
Kalpataru Power Transmission: Buy
The increased order flow to the power transmission sector is another signal that select sectors of the economy may be in the revival mode. Kalpataru Power Transmission, a turnkey solutions provider in transmission lines and substation ...
CMC: Buy
Investments with a two-year horizon can be considered in the shares of CMC, in the light of the stock’s reasonable valuations. The company is an integrated IT systems player and has managed a fruitful margin expansion drive through ...
Bannari Amman Sugars: Buy
A steeper-than-expected downward revision in sugar output estimates has made the outlook for domestic prices quite bullish over the medium ...
DSP Blackrock Equity Fund: Invest
Investors can buy the units of DSPBR Equity Fund, considering the fund’s track record in delivering strong returns and its ability to contain downsides quite well during periods of ...
Exports in March seen at $12-14 b: Pillai
‘Recession in developed markets led to demand slump’. New Delhi, April 4 The country’s merchandise exports may have achieved the scale-down target of $170 billion during the just-ended fiscal year 2008-09, a top commerce ...
Principal Large Cap: Hold
Investors can retain their units invested in Principal Large Cap Fund based on its return track record over the last few ...
Weekly News Round Up
The board of Satyam Computer Services has modified the bidding process for the sale of 51 per cent in the company by allowing for open auction method instead of the sealed bidding method. In a letter to the stock market regulators in India and ...
BJP manifesto: Cuddly to middle class, silent on financial reforms
New Delhi, April 4 The economic programmes set out in the manifesto of the Bharatiya Janata Party (BJP) for the forthcoming General Elections do not set store by any slogan as the “India Shines” campaign in the 2004 elections cost ...
From London, a trillion dollar booster shot for IMF
Mumbai, April 4 One of the most visible effects of the one-day confabulations and grandstanding at the London summit of the G-20 might just be a new lease of life for the International Monetary Fund. As a result of the deliberations on ...
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