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Posted on: November 26th, 2010 and is filed under Market News.

Markets recover from days low

The markets have reveresed all its losses in noon trades. The Sensex which plunged to a low of 18,957, has rebounded into green and is now up two points at 19,320. The NSE Nifty has added four points at 5804. SBI and ICICI Bank are leading the recovery, with gains of 2% each. TCS, Cipla …

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Posted on: November 25th, 2010 and is filed under Market News.

Claris Lifescienes Ltd – Subscribe

Claris Lifesciences Ltd. (CLL) is one of the largest domestic sterile injectable pharmaceutical companies with presence in 76 countries globally. The company has 128 off patent generic products across multiple therapeutic segments which are predominately used for critical care. Its key pr…

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Posted on: November 24th, 2010 and is filed under Market News.

Housing scam drags Markets Lower

Markets saw selling pressure today due to the home loan scam, in which the Central Bureau of Investigation (CBI) has arrested eight top officials of LIC Housing Finance, LIC, Central Bank of India, Bank of India, Punjab National Bank and a private financial services company in connection …

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Posted on: November 24th, 2010 and is filed under Market News.

CEO of LIC Housing finance arrested & Central Bank of India is also under scanner – Triggers selling pressure in the banking sector

In a latest development it is reported that the CEO of LIC Housing Finance is being arrested by CBI in a financial scam. Central Bank of India is also under scanner. The report has brought the markets down by 1.5%. Banking and realty sector are the worst hit after the news. …

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Posted on: November 23rd, 2010 and is filed under Market News.

North Korea Attacks South Korea – World markets crash!

Yonhap News agency reported Tuesday that North Korea had fired artillery shells at Yeonpyeong, a South Korean island. Media reports suggest that as many as 70 houses were on fire after the shelling. The attacks from North Korea prompted a South Korean fighter jet to be deployed to the we…

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Posted on: November 23rd, 2010 and is filed under Market News.

Godrej talking to Israeli firms for dairy foray

Joe C Mathew / New Delhi November 23, 2010, 0:33 IST Godrej Agrovet Ltd, the agri-business arm of leading conglomerate Godrej Ltd, has planned to enter the dairy farming business. It is in talks with at least two leading Israeli dairy farm technology providers. While Godrej Agrovet did …

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Posted on: November 21st, 2010 and is filed under Market News.

NSE Holiday List for 2011

Following is a list of List of Holidays in 2011. 1. New Year – 1st January 2011 – Saturday 2. Republic Day –  26th January 2011 – Wednesday 3. Mahashivratri – 2rd March 2011 – Wednesday 5. Ram Navmi – 12th April 2011-  Tuesday 6. Dr….

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Posted on: November 20th, 2010 and is filed under Market News.

Axis shareholders pay for Enam shareholders’ wealth creation

As Enam promoters bow out with one of their greatest trades ever, high-risk financial takeovers by banks a la Wall Street invades India Axis Bank, which has so far stayed away from the stock-broking business and has had an insignificant presence in the investment banking business, is pay…

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Posted on: November 19th, 2010 and is filed under Market News.

Hitachi, PEs eye stake buy in Patni: report

Japan’s Hitachi and PE firms including Apax Partners have shown interest in buying more than 60 per cent of Indian software firm Patni Computer, an Indian newspaper reported on Friday. The stake is likely to be sold at about Rs 500 a share, the newspaper said, citing people with…

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Posted on: November 19th, 2010 and is filed under Market News.

Stocks soar as worries over Ireland ease; GM jumps

Stocks surge as hopes build for a resolution of Ireland’s debt woes; GM shares bound higher Stephen Bernard, AP Business Writer, On Thursday November 18, 2010, 1:52 pm NEW YORK (AP) — Stocks bounded higher Thursday on strong interest in General Motors’ initial public …

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