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Posted on: April 6th, 2010 and is filed under Market News.

Era Infra forays into power transmission & distribution biz

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…

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Posted on: April 2nd, 2010 and is filed under Market News.

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…

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Posted on: April 1st, 2010 and is filed under Market News.

Indian Stock markets to remain closed on 02-04-10

Markets will remain closed on 2nd April on account of Good Friday.. …

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Posted on: April 1st, 2010 and is filed under Market News.

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 &…

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Posted on: March 31st, 2010 and is filed under Market News.

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 …

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Posted on: March 29th, 2010 and is filed under Market News.

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)…

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Posted on: March 27th, 2010 and is filed under Market News.

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 …

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

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…

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

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…

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

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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