New Delhi, Apr 5 (PTI) Era Infra Engineering today said it has forayed into power transmission and distribution (T&D) business and has a formed a new subsidiary – Era Power Ltd for the same. “We see a good business opportunity in power T&D business as a number of co…
Continue reading...FM bets big on Budget to push growth to 9%
Finance Minister Pranab Mukherjee today expressed confidence that the measures announced in the Budget for 2010-11 would revive private investment and put the economy back on a 9 per cent growth trajectory. “I am optimistic that the measures I have outlined in this year’s bud…
Continue reading...Indian Stock markets to remain closed on 02-04-10
Markets will remain closed on 2nd April on account of Good Friday.. …
Continue reading...Stocks Struggle on Last Day of Q1 as Jobs as Manufacturing Data Disappoint -Wall Street
By Ellis Mnyandu NEW YORK (Reuters) – Stocks barely budged on Wednesday following reports that stoked unease about the health of the labor market and regional manufacturing, offsetting the energy sector’s strength. A legal ruling in U.S. oil giant Chevron’s (NYSE:CVX &…
Continue reading...No BTST allowed for stocks bought today (31-03-10)
Kindly note that todays (31-03-10) cash market purchase cannot be sold for delivery tomorrow (01-04-10) due to same day settlement. Therefore no BTST possible …
Continue reading...European Stock market time Change – Daylight Saving Time in Europe
The clocks change twice a year moving from winter (standard) time to summer time and back. Find out when, and how the French Riviera and Monaco’s time relates to the rest of the world. In 1996 the European Union (EU) standardized an EU-wide Summertime, or Daylight Saving Time (DST)…
Continue reading...SPECIAL REPORT: Escape from Wall Street
UBS adviser Chuck Huebner knew he was done with big brokerages when some supervisors questioned a stock he had purchased for one of his clients. The offending equity? Berkshire Hathaway. Huebner thought Berkshire was a good bargain early last year, when markets were still struggling, so …
Continue reading...Tata Motors to sell 20% in Telcon to Hitachi
In a Rs 1,000-crore deal, the Japanese firm moves from being a junior partner to majority owner Tata Motors, India’s largest vehicle manufacturer by revenue, is selling a third of its stake in the construction equipment-making subsidiary, Telcon, to its joint venture partner, Hitac…
Continue reading...NMDC falls 13% as retail, HNIs cash out
With retail and high net worth individuals (HNIs) on a selling spree, the share price of public sector mining firm NMDC, which recently came out with a follow-on public offer (FPO), has witnessed a steep fall of over 13 per cent in just two trading sessions. The stock is now trading close…
Continue reading...Dow Jones partners Bharti Airtel for Launch of The Wall Street Journal India Mobile
Dow Jones today announced the launch of The Wall Street Journal India Mobile application in association with Bharti Airtel, one of Asia’s leading integrated telecom service provider. The application provides the latest international and Indian financial and business news from The Wa…
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