MARKETS
ANNOUNCEMENTS
Corporate developments
Coimbatore, July 2 Ashapura Minechem Ltd has said there has been an administrative delay in granting permits for bauxite export from the mines of the company’s subsidiaries. The company has taken up the matter with the ...
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BUYBACK
IMPACT
Buyback to support DLF?
Pricing key to reap gains
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NEW FUND OFFER
IFCI Venture Capital launches 3 new funds
New Delhi, July 2 IFCI Venture Capital Funds Ltd (IVCF) on Monday announced the launch of three new funds in emerging sectors of the economy. These three funds together have a target corpus of about Rs 1,000 crore.The funds are India ...
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INSIGHT
Regulator’s neutrality a must to ensure level field
Competition Among Stock Exchanges
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MUTUAL FUNDS
TVS, Shriram group join hands to create PE fund
Looking to invest in mid-cap companies in smaller cities
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BoB mutual fund venture set to take off
Bank of Baroda’s mutual fund joint venture with Italian company Pioneer Global Asset Management is expected to begin operations this month, according to Mr M.D. Mallya, Chairman and Managing Director of the bank. Pioneer Global Asset ...
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STOCKS
Mundra Port tumbles on SC stay, stages recovery
Adanis to move SC for vacation of ex-parte stay
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Aviation stocks nosedive
Jet Airways plummets 36% in a week
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STOCK MARKETS
Sensex gains 700 points as markets bounce back
Stock markets, which lost heavily in the last three trading sessions, bounced back on Wednesday, mainly on buying support from domestic institutions and proprietary traders. Positive news on the political front, strong opening of the ...
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Holcim ups stake in ACC
Mumbai, July 2 Swiss cement major Holcim, though its investment subsidiary Holderind Investment and Ambuja Cement, has acquired 4.62 per cent stake in ACC by way of creeping acquisition. Post acquisition, Holcim’s stake in ACC has gone ...
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DERIVATIVES MARKETS
Heavy short-covering seen on Nifty future
DLF shed open positions when others add
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ASSET MANAGEMENT COMPANIES
RMoney forays into wealth management
Reliance Money, a broking house and part of Reliance Anil Dhirubhai Ambani Group, has announced its foray into wealth management services (WMS), which would include tax planning and assessment, real estate, art advisory and estate ...
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MFs asset base drops 6% in June
ICICI Prudential, five others buck the trend
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MERGERS & ACQUISITIONS
NYSE completes MCX deal
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RECOMMENDATION
TODAY'S PICK (Latest Audio: English/Tamil)
Indian Hotels Company (Rs 80.75): Buy
We recommend a buy in Indian Hotels Company from a short-term perspective. From the charts of Indian Hotels Company, we note that the stock has been on a downward trend from its 52-week high of Rs 177, marked in early January 2008. In late ...
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Day Trading Guide
Fresh long-position can be initiated, if the stock moves above Rs 635 with tight stop-loss. Infosys On Wednesday, the stock breached the resistance level Rs 1,800 by jumping up by 6 per cent, accompanied with ...
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IPOS
Pride Group plans IPO to fund hotel expansion
Pune, July 2 The Mumbai-based Pride Group is coming out with its initial public offering (IPO) to mop up around Rs 600 crore from the market. The objective of the issue is to raise funds for four new five-star hotels that are in the ...
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