The much-anticipated deal between India’s Bharti and South Africa’s MTN has botched yet again. On the news of termination, MTN shares fell 3% from the day’s high, to close down 1%. Rand fell over 2% versus dollar. The company has requested the SA exchanges to suspend tradin…

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Oil India to list today, issue price Rs 1050 Parsvnath QIP: Sources Say Issue closes, co raises $35 m Issue priced at Rs 121.25/sh Pre-issue equity dilution of 7.5% Fidelity amongst investors in QIP Vijay Mallya says looking at raising Rs 800-1000 cr via GDR / rights issue for Kingf…

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Foreign institutional investors (FII) have turned net buyers in the debt market for the first time in the last six months investing net Rs 594 crore in debt instruments so far this year.FIIs, so far in 2009, bought debt instruments worth Rs 77,161 crore, while sold instruments valued at R…

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Sr. No. Holidays Date Day 1 Moharram 8th January, 2009 Thursday 2 Republic Day 26th January, 2009 Monday 3 Mahashivratri 23rd February, 2009 Monday 4 Id-E-Milad 10th March, 2009 Tuesday 5 Holi 11th March, 2009 Wednesday 6 Ram Navmi 3rd April, 2009 Friday …

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Pittsburgh: Prime Minister Manmohan Singh today strongly backed Bharti group’s efforts for acquiring stakes in South African telecom gaint MTN when he took up the issue with President Jacob Zuma and hoped that the deal will go through without any “discrimination”. &#822…

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MUMBAI: Around 400 Air India pilots, who threatened to go on mass sick leave to protest the airline’s decision to cut their incentives, on Saturday rejected the management’s offer for talks and said they will stick to their agitation plan. Senior executives as well as other p…

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NEW YORK (Reuters) – U.S. stocks fell for a third straight day on Friday on disappointing housing and durable goods data, while Research In Motion’s lackluster results dented optimism about technology spending. Economic reports showed that new orders for long-lasting U.S. man…

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Here are stocks that are in news today: From Sources: -EGoM (Empowered Group of Ministers) on gas pricing to be constituted within a fortnight -Power Ministry may push for gas price to include marketing margin -Power Ministry says $4.2/mmBtu should include marketing margin Reliance …

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Here are stocks that are in news today: SEBI revises takeover norms provisions SEBI Says -Board approves 2 changes in IDR norms -Concept of anchor investors allowed for IDRs as well -Takeover regulation applicable for ADR/GDR with voting rights -Alert: This could have ramifications…

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On Friday, Sensex gained 30 points to end at 16,741 while Nifty added 10 points to shut shop at 4,976. The market will have a much needed rest due to an extended weekend on account of Ramzan Id. On Friday, the BSE Sensex gained 30 points or 0.12% at 16,741 after touching a high of 16,76…

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