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Bharati Shipyard, ABG battle for Great Offshore
Rs 403 block deal by Bharati sets new floor. Mumbai, June 23 Bharati Shipyard’s bid to wrest control of Great Offshore Ltd took a new turn on Tuesday with ABG Shipyard, a rival company, making a counter offer to the shareholders of the ...

Duty-free import regime ushered for 2,202 items from Singapore
Tariffs slashed on 539 agreed items. New Delhi, June 23 India has knocked off import duties on 2,202 items as part of its tariff elimination commitments under the Comprehensive Economic Cooperation Agreement (CECA) with ...



Adding capacities: (From ...
TODAY'S PICK (Latest Audio: English/Tamil)
Bajaj Holdings (Rs 358.75): Sell
We recommend a sell in Bajaj Holdings and Investment from a short-term trading horizon. It is evident from the charts of Bajaj Holdings that its intermediate-term up-trend, which began from the March low of Rs 210, encountered resistance at ...

Day Trading Guide


RNRL seeks meeting with RIL on gas sharing issue
Mumbai, June 23 Reliance Natural Resources Ltd (RNRL), an Anil Ambani Group company, has written to Reliance Industries Ltd (RIL) for a meeting of executives of the two companies to find a way forward in the KG basin gas ...

Met Dept update may indicate ‘below normal’ monsoon
Thiruvananthapuram, June 23 Ballpark estimates would suggest that the India Meteorological Department (IMD) may come up with a ‘below normal outlook’ for monsoon in its update, due later this ...

Depression forming off Gujarat coast
On Tuesday morning, the previous day’s ‘low’ in the Arabian Sea had spun fast to become a ...

Mahindra Satyam to merge with Tech Mahindra
Common board of governance likely. Mumbai, June 23 Mahindra Satyam, the rechristened Satyam Computer Services, will merge with Tech Mahindra as part of an effort to promote ...

Global crisis: Study says Indian media coverage scores over Europe, US
New Delhi, June 23 The Indian media does not share in the blame attributed to the Western media for doing a poor job of warning the public of the economic crisis, according to a ...

Tatas finalise first one lakh Nano allotments
Mumbai, June 23 Tata Motors has completed the process of selecting the first one lakh Nano allottees from among the 2.07-lakh who booked the car. The selection was done through a computerised random ...

Corn prices ease on hopes of monsoon revival
Exporters shift operations as AP growers hold on to stocks. Forecasts of monsoon reviving by Friday helped ease maize (corn) prices on Tuesday as also default ...

NTPC burns more coal to produce electricity
High ash content, over-dependence on open mining are factors. New Delhi, June 23 A tonne of coal is the same as another tonne of coal, you might ...

Rupee to test the 50 mark
Rupee reversed downward from the 47 resistance zone in line with our expectation to weaken towards 49 against the dollar. Weakness in Indian equities that resulted in foreign institutional investors pulling out Rs 1,720 crore since June 16 ...

Arabian Sea storm seen strengthening monsoon
Thiruvananthapuram, June 23 Monday’s low-pressure area in the east-central Arabian Sea spun furiously overnight to become a depression the next morning with a track to the northeast for onward ...


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Markets (June 23)
Nifty (at close)4,247.00 (+11.75)
US Dollar (Buy/Sell)48.56/57
Brent crude (a bbl) Rs3,180
Gold (a gram) Rs1,348
Silver (a kg) Rs22,360


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