Trades between FIIs generated a volume of Rs 32 crore on the BSE Friday-an increase of 44.16% from Rs 22 crore clocked on Thursday. As many as five stocks witnessed trades of 11 lakh shares on Friday.Pantaloon Retail (India) was traded at highest premium of 7.81% on BSE with 12,184 shares…

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NEW DELHI: Anil Ambani group firm Reliance Infratel is looking to raise about Rs 5,000 crore (close to one billion dollars) through sale of shares, for which it is in talks with a number of private equity firms. Reliance Infratel, a subsidiary of the group’s telecom arm RCOM, is lo…

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State-run Bharat Heavy Electricals today said it has bagged a Rs 4,015-crore from Hindalco Industries for supplying boilers, turbines and generators at its 900mw captive power plant in Orissa. “BHEL has secured a Rs 4,015 crore order from Hindalco Industries for the supply and erect…

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NEW YORK: One of the top executives of Satyam Computer is considering selling his shares in the open offer beginning tomorrow, even as the scam-hit IT firm is trying to come out of woods under its new owner and guided by government-appointed directors. Without naming the executive, NYSE-…

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In a move that may give relief to retail participants in the market, the National Stock Exchange (NSE) has reduced the lot sizes for derivative contracts of 143 stocks. The move came after a nearly two-fold rise in stock prices of many companies in the past couple of months. The lot-size…

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At 14:59pm (IST), Shares of PSL have gained by 1.4% to Rs132. Shares of PSL have gained by 1.4% to Rs132 after reports stated that the company plans to raise Rs3bn through preferential private placement. The scrip has touched an intra-day high of Rs94 and a low of Rs88 and has recorded …

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The telecommunication sector has turned out to be the major gainer today even as the market traded in red for the first half of the trading day.Spice Communications and Tulip Telecom have soared 14% each to Rs 79.65 and Rs 795, respectively. Idea Cellular has surged 8% to Rs 90. Tata Com…

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~13.67mn shares, or about 11% of its equity was traded in a single transaction on the NSE. Shares of UltraTech Cement have declined by over 4.5% to Rs726 after L&T offloaded its entire stake in the company to a group of investors. ~13.67mn shares, or about 11% of its equity was trad…

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Satyam Computers for the third consecutive day has hit the 10% upper circuit . The stock opened at Rs 80.5 and got locked there. Around 786,676 shares have been traded on the BSE today.In the Indian ADRs also,Satyam Computers surged a massive 36% to $4.94 source: Business-Standard …

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MUMBAI (Reuters) – State-owned NMDC Ltd will acquire a majority stake in Kudremukh Iron Ore Co Ltd (KIOCL), federal steel minister Virbhadra Singh said on Wednesday. “This partnership acquisition will ensure continuous supply of iron ore to KIOCL from NMDC,” he told re…

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