Kolkata: Global software major Microsoft on Thursday said that for MNCs, India is no longer a preferred destination. Microsoft India chairman Bhaskar Pramanik said this when asked if the company is considering any R&D centre for West Bengal as it seeks to work closely with the state …
Continue reading...11 kids go missing every hour in the country: Report
New Delhi: 11 children go missing every hour in the country, a child rights NGO claimed on Thursday, citing data collected from government between 2008 and 2010 and a survey. The Bachpan Bachao Andolan (BBA) said it collected the data using RTI from 392 districts across the country in a …
Continue reading...Railway stocks rally on huge volumes
Railway-related stocks have rallied more than 8% each in an otherwise weak market on the back of huge volumes. Kalindee Rail Nirman (Engineers), Kernax Microsystems (India), Stone India, Texmaco Rail and Engineering are trading higher by 9-10% each on the Bombay Stock Exchange (BSE). The…
Continue reading...L&T bags orders worth Rs 2,700 cr
Larsen & Toubro Construction (L&T) has bagged new orders worth Rs 2,700 crore across various businesses in last two months, the company informed the Bombay Stock Exchange on Wednesday. With large infrastructure projects on hold and several customers deferring orders this is a …
Continue reading...Sibal censor saga: Facebook says ‘Yes’, Google ‘No’
“We work really hard to make sure that people have as much access to information as possible, while also following the law. This means that when content is illegal, we abide by local law and take it down. “And even where content is legal but breaks or violates our own terms a…
Continue reading...Small-, mid-cap lose to blue-chips in 2011
The BSE small-cap and mid-cap indices have underperformed their large-cap peer this year so far, as the two saw a decline of up to 37% against 21% fall in the broader market benchmark Sensex. As per the study of indices from December 31, 2010, to November 30, the BSE small-cap index drop…
Continue reading...Markets to remain closed on 6th December 2011
Markets to remain closed on 6th December 2011 on account of Moharum …
Continue reading...Retail FDI on hold
After talking to Pranab Mukherjee on phone, TMC chief Mamata Banerjee announced in Kolkata that the Centre was putting the policy in abeyance. Fearful of an adjournment motion without sufficient numerical support in the two Houses of Parliament, the government on Saturday had to concede …
Continue reading...TECHNICAL VIEW :: Nifty, Kotak Mahindra Bank, Ranbaxy Labs, Larsen & Tubro and GAIL
Below are few stock charts helping understand current trend of these stocks. Click on charts to enlarge Nifty: Nifty did manage to bounce back from strong support levels of 4700 (triple bottom). Current bounce could come to an end near 5000 levels (50% retracement level on Fibonacci). I…
Continue reading...50 million Africans dial Airtel
The implementation of India’s low-cost telecom model in the African market seems to have paid dividends for the country’s largest company in the sector, Bharti Airtel, with the company crossing 50 million subscribers in mobile operations. Bharti acquired Zain’s assets in 16 African…
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