Private equity firms in India prefer to be minority stakeholders in their target companies as a study showed only 4% of total deals in last four years were for acquiring a controlling stake. …

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Bharat Electronics Ltd has announced the following results for the quarter & year ended March 31, 2009: The Unaudited results for the Quarter ended March 31, 2009 The Company has posted a net profit of Rs 5594.382 million for the quarter …

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The Federal Reserve, releasing details of how it conducted “stress tests” on the nation’s 19 largest financial institutions, said “most banks currently have capital levels well in excess of the amounts needed to be well capitalized.” But the banks need to h…

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Amid easing of liquidity, low bond yields and expectations of long term economic revival, banking stocks are seen as the best bet for investment – both in medium term and long term. Banking sector is expected to outperform the market giving an on an average return of 20 per cent, a…

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WASHINGTON (AP) — The government’s “stress tests” of 19 large U.S. banks take a harsher view of loans than of other troubled assets, according to a Federal Reserve document obtained by The Associated Press. That approach favors a few Wall Street banks while potent…

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NEW YORK (AP) — A reversal in bank stocks pulled the market higher Tuesday after Treasury Secretary Timothy Geithner told Congress that some banks could be allowed to repay financial bailout funds. Geithner said the decision on repayments would be left to bank regulators and that …

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The Securities and Exchange Board of India (SEBI) has barred Gujarat Heavy chemicals Limited (GHCL) founder and Chairman and Managing Director, Sanjay Dalmia from the stock market. SEBI said that the misleading difference in holding is hugely divergent. …

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MUMBAI: Foreign institutional investors (FIIs) disposed of shares worth $11.83 billion last fiscal, turning net sellers for the first time since 1998-99, data with the Securities and Exchange Board of India (SEBI) shows. …

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MUMBAI: Mukesh Ambani group’s least valued entity Reliance Industrial Infrastructure, Ruias-promoted Essar Oil, public sector entity Hindustan Copper and realtor Unitech have found a place among companies where shareholders’ wealth has at least doubled in the current rally on …

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Wall Street’s stunning six-week rally has been fed more by traders looking to take advantage of quick swings in the market than investors with a long-term view, NYSE Euronext (NYSE:NYX – News) CEO Duncan Niederauer told …

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