Indian Oil Corporation (IOC), the country’s biggest fuel retailer, is looking at raising retail prices of petrol from Tuesday, Chairman B M Bansal said on Monday, due to rising global crude oil prices. “We are mulling an increase in petrol price,” Bansal told reporters …

Read More..

Bombay Stock Exchange, via a small statement has released the timings for the Muhurat Trading (Samavat Year 2067) on 5 November 2010 on occasion of Diwali. Login: 5 pm to 6 pm Call Auction: 6 pm to 6.15 pm Continuous Trading: 6.15 pm to 7 pm Closing: 7 pm to 7.10 pm Post Closing: 7.1…

Read More..

Coal India’s initial public offer (IPO), the country’s largest, it subscribed more than 15 times, getting huge response for the Retail, Foreign and Domestic Investors Its IPO issue price fixed at Rs 245 a share. The government sold 631.6 million shares or 10 per cent of its s…

Read More..

The government said on Thursday it will buy back bonds worth $6.4 billion, a move which dealers said will help ease tight liquidity conditions to some extent. Traders have been expecting liquidity infusion steps after state-run Coal India’s up to $3.5 billion initial public (IPO) o…

Read More..

State-run Coal India’s initial public offer (IPO) to raise as much as $3.5 billion was covered more than 10 times on the third day of the issue launch, exchange data showed, as large investors crowded in on the final day for institutional orders. The IPO, the largest in Indian corp…

Read More..

The government today fixed the price band of Coal India’s (CIL) initial public offer (IPO), billed as country’s largest, at Rs 225 to Rs 245 a share — a range which could help it raise over Rs 15,000 crore if the next week’s public offer is subscribed fully. The d…

Read More..

LONDON: India and China, besides some developed countries, may face economic downturn in the coming months, according to an analysis by OECD — a grouping of mostly advanced nations. It also said the global economic growth is slowing down. The latest reading is in contrast to the bu…

Read More..

Mahindra Satyam (formerly Satyam Computer) today reported a consolidated loss of Rs 124.60 crore for year ended March 2010, a far better show from the previous fiscal when it had plunged into a deep crisis after founder B Ramalinga Raju admitted to multi-crore rupee scam. Helped by a sha…

Read More..

The practice of companies planting reports in the media ahead of initial public offers (IPOs) has come under the scanner of the Securities and Exchange Board of India (Sebi). It has asked investment bankers to stop issuers from leaking information that is not included in the draft prospec…

Read More..

A vertical-looking stock market rally pushed investors’ wealth in the country to over Rs 70,00,000 crore level today — a feat achieved after a gap of over 32 months. As the market benchmark Sensex followed up yesterday’s 409-point rally with another 139-point jump today…

Read More..