New Delhi: The merger of Mukesh Ambani group firms Reliance Petroleum (RPL) with Reliance Industries (RIL) would take about five months to be completed, Ernst & Young, the deal’s valuation advisor, has said. “The procedure for approvals of these mergers involve getting ap…

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Finding it difficult to wriggle out of the bear grip, Indian equities have given the worst returns to investors compared to their peers in the three other BRIC nations Brazil, Russia and China in February. According to an analysis of MSCI Barra indices, a measure of returns from various s…

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MUMBAI: Should one take a long-term bet on Reliance Industries shares or punt on Reliance Petroleum shares for arbitrage opportunities that may be available till the record date is announced? That is the question that Dalal Street players were asking each other after the two companies inf…

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The Reliance Industries (RIL) board will meet on March 2 to consider merger with Reliance Petroleum (RPL). The merger is effective retrospectively from April 1, 2001.SP Tulsian, of sptulsian.com doesn’t see RIL-RPL merger news a reason to cheer for shareholders of Reliance Industries. A…

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MUMBAI: Shares of cement manufacturers may rebound in the near-term, led by a pick-up in sales over the next couple of months on account of arise in construction activity just after winter. But, market watchers feel investors should use any such rebound to book profits as the longer-term …

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Technical Analyst, Mitesh Thacker is of the view that Jaiprakash Associates is looking technically strong and has target of Rs 85. ” We looked at the target of Rs 540 for a technical bounce back on United Spirits, the stock has done that and its slightly crossed and moved up to Rs 575-5…

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ICICIdirect.com has rated Tech Mahindra as an outperformer with a target of Rs 345 in its January 18, 2009 research report. “Tech Mahindra reported disappointing results for Q3FY09. It felt the impact of currency movement as well as declining spend by clients (revenues from both BT …

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The Rs 7000-crore accounting fraud at Satyam Computer Services raises concerns of corporate governance in Indian companies Just as it was recovering, IT major Satyam Computer Services’s explosiverevelations send the market on a southward spiral. Satyam’s shares plunged 77.69% in a si…

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Hindustan Zinc Cmp: Rs 321.15 Target price: NA Centrum Broking has cut earnings estimates of Hindustan Zinc, following disappointing quarterly results, but upgraded its rating on the stock from reduce to ‘hold’. …

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Technical Analyst, E Mathew is of the view that ICICI Bank can slip to as low as Rs 305-315. Mathew told CNBC-TV18, “ICICI Bank was one stock which was showing some signs of strength. Today an important 13-30 moving average crossover has taken place and sure enough people have lat…

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