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Court directs Reliance to sell gas to RNRL at $2.34
Govt approved price is $4.2; order settles issues of quantum, tenure also. Mumbai, June 15 The Bombay High Court has asked Reliance Industries to supply 28 mmscmd (million metric standard cubic metres per day) of gas from its Krishna-Godavari ...
Reliance Natural stock soars, RIL tumbles
Mumbai, June 15 The share prices of Reliance Natural Resources Ltd (RNRL) and Reliance Industries Ltd (RIL) reacted strongly to the long-awaited Bombay High Court ruling in the RIL vs ...
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Mr H.S. Goindi, President...
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TODAY'S PICK (Latest Audio: English/Tamil)
Reliance Petroleum (Rs 136.45): Sell
We recommend a sell in Reliance Petroleum stock from a short-term trading perspective. It is evident from the charts of Reliance Petroleum that it was on an intermediate-term up-trend from its 52-week low of Rs 68 (recorded in early March) ...
Day Trading Guide
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RIL-RNRL dispute: Await more twists in the tale
Chennai, June 15 Did the markets over-react to the Bombay High Court judgment in the Reliance Industries – Reliance Natural Resources (RNRL) case? It does appear so, especially in the case of the 24 per cent mark-up in the stock of ...
Nomura agrees to buy 30.5% stake in LIC MF
Mumbai, June 15 Japanese financial services group Nomura has agreed to pick up a 30.5 per cent stake in LIC Mutual Fund for around Rs 227 crore. The deal values the Indian company at over Rs 700 ...
BSNL’s GSM project faces further delay
Nokia Siemens complains to integrity panel. New Delhi, June 15 Finnish telecom equipment-maker Nokia Siemens Networks (NSN) has shot off a fresh letter to Bharat Sanchar Nigam Ltd’s two-member integrity panel alleging that it has been ...
Pranab to present Budget on July 6
The Union Cabinet on Monday decided to recommend to the President, Ms Pratibha Patil, that the Budget session of Parliament be convened from July 2. The Budget session is expected to end on August 7. Accordingly, the Finance Minister, ...
Signs of a global recovery
Finance Ministers of the G8, meeting at Lecce in Italy during the latter part of week ending June 14, were cautiously optimistic. The final communiqué noted that in the aftermath of efforts at financial stabilisation and fiscal ...
Dr Reddy’s Laboratories to hire 1,300 this year
No cost-cutting measures that might affect employees. Hyderabad, June 15 Pharma major, Dr Reddy’s Laboratories Ltd will hire 1,300 employees in various categories this ...
Infosys eyes buys in Mexico, Brazil to improve operations
Also scouting for partner to enter South African market. Bangalore, June 15 Infosys Technologies Ltd is eyeing acquisitions in Mexico and Brazil to expand its delivery capability and grow business from local organisations in ...
Monsoon onset phase to be replicated again
Thiruvananthapuram, June 15 The reviving monsoon would have to go through another ‘elaborate onset phase’ before being able to canter into Mumbai, north peninsular and central ...
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