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Directive on PSU listing opens disinvestment tap
Proceeds to directly fund social sector schemes till March 2012. New Delhi, Nov. 5 Giving its disinvestment programme a big push, the Centre has asked all listed, profitable central public sector enterprises (CPSEs) to meet the mandatory ...
Govt raises wheat MSP by Rs 20 over 2008-09 crop
New Delhi, Nov. 5 The Centre has fixed the minimum support price (MSP) for the current year’s wheat crop (to be harvested from April next) at Rs 1,100 ...
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Lifeline to regional SEs:...
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TODAY'S PICK (Latest Audio: English/Tamil)
Bharat Forge (Rs 266.1): Buy
We recommend a buy in Bharat Forge stock from a short-term perspective. It is perceptible from the charts of the stock that after recording a multi-year low of Rs 69 in January, it began to trend upwards. Since then it has been on ...
Day Trading Guide
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GVK Power to buy Zurich’s 12% stake in Bangalore Airport co
Bangalore, Nov.5 GVK Power & Infrastructure Ltd is buying a 12 per cent stake in airport operator Bangalore International Airport Ltd for Rs 484.5 ...
Wipro Consumer buys Yardley for Rs 214 cr
Acquisition will be FMCG co’s most premium brand. Bangalore, Nov. 5 Wipro Ltd has brought the iconic Yardley London brand into its ...
Morgan Stanley shores up Indiabulls Power buying 21 lakh shares
Market-making exercise. The sole book running lead manager to the Indiabulls Power Ltd IPO of last month, Morgan Stanley, picked up a chunk of shares in the company on Thursday as a ...
Sudha Murty raises Rs 440 cr for Catamaran
SELLS INFOSYS SHARES. Bangalore Nov. 5 Catamaran Investment Pvt Ltd, the venture capital fund floated by the Infosys Chairman and Chief Mentor, Mr N. R. Narayana Murthy, got a shot in the arm on Thursday after his wife Ms Sudha Murty pitched in ...
Maytas Infra bags Rs 790-cr order
Hyderabad, Nov. 5 Maytas Infra Ltd has won the Pune-Sholapur road contract worth Rs 790 crore from IL&FS Transportation Networks Ltd ...
Inflation surges 8.94% for primary articles
Index for food items climbs 13.39% during the week ended Oct 24. New Delhi, Nov 5 The annual Wholesale Price Index-based inflation in primary articles rose 8.94 per cent for the week ended October 24, up from the previous week’s yearly ...
Retailers keep up sales growth
Lifestyle and premium segments pick up. The September quarter results of retailers show a continued recovery in consumer ...
Madras SE-NSE tie-up takes off with 10 listings
Keep sanctity of settlement intact, says Bhave. Chennai, Nov. 5 The Madras Stock Exchange (MSE) has tied up with the National Stock Exchange (NSE) to enable its members to trade directly on the NSE platform. On the first day today, 10 companies ...
CD rates likely to plunge as credit growth remains low
Bulk investors moving to other short-term instruments. Bangalore, Nov. 5 With loan growth remaining weak, costs of certificate of deposits (CDs) funds are expected to ...
Realty cos: Slow build-up in sales, even as profits deconstruct
The September quarter results of 25 listed realty companies suggest that the sector’s recovery is painfully slow. Only nine realty companies managed an expansion in sales on a year-on-year ...
N-E monsoon shifts into top gear over south peninsula
New Delhi, Nov. 5 The Northeast monsoon has been active over Tamil Nadu and Puducherry during the past 24 hours ended Thursday morning with rainfall at most places and isolated heavy to very heavy ...
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