Emkay Global Financial Services has maintained its reduce rating on Maruti Suzuki India with a target price of Rs 635 in its April 02, 2009 research report. “What we liked is the fact that company has further expanded its reach in the semi urban and rural areas, where the competitiv…

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NEW DELHI: The Indian stock market has been termed as a potential “baby bull” as the Sensex may continue to advance over next 15 years and is likely to breach its all- time high level of 21,000 during the period, a report says. At a time when developed markets across the worl…

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MUMBAI: Shrugging off negative cues from global markets, Indian stocks showed a stupendous recovery led by short covering and moderate buying in frontline stocks. Superlative gains in realty, consumer durables and FMCG helped the indices overcome intra-day …

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NEW DELHI: Tata Motors has received an overwhelming response to its Rs 1 lakh wonder, Nano, selling over 51,000 booking forms in the last three days. According to sources close to the company, it sold 51,000 booking forms from its 218 dealerships since it started selling on April 4. …

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CHENNAI: Did the stock markets smell it ahead of others? The Indian economy is close to bottoming out, says leading research outfit Nomura. …

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India’s top-most corporate entity Reliance Industries (RIL) and Tata group firm TCS are among firms which paid thousands of dollars to President Barack Obama’s top economic adviser Lawrence Summers either for his association with the firm or for giving speeches, say reports. …

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Ramesh Damani, Member, BSE, asks market experts about their outlook for the year 2010. Madhu Kela, Head-Equity, Reliance MF, Investors will have to be very alert and markets will have lot of volatility. He believes that opportunities are going to be there in 2009-10 to make a lot …

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Birla Sun Life Mutual Fund became the fastest growing fund house in the country even as the industry as a whole posted de-growth last year, a top company official said.The Asset Under Management (AUM) of Birla Sun Life which was only Rs 20,000 crore as of March 07 went up to Rs 35,000 cro…

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World stock markets lost steam on Friday, as the previous day’s rally — helped by world leaders’ pledge to help world economies with new funds — gave way to caution ahead of a crucial U.S. jobs report later in the day. …

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Technology giant IBM is close to a deal to buy Sun Microsystems for about $7 billion, says a media report. According to the Wall Street Journal, International Business Machines and Sun Microsystems are in the final stages of negotiations to combine the two computer firms. …

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