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Govt mulls stake sale along with IPO in SAIL

Posted on: Thursday, August 27th 2009 and is filed under Press Releases.

NEW DELHI: The government is considering divesting some of its stake in the country’s largest steel producer SAIL and the same may be discussed in the PSU’s board meeting scheduled tomorrow. The equity sale could go along with the proposed public issue of the PSU and it is ...

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Allied Blenders to raise Rs 250 cr through IPO

Posted on: Thursday, August 27th 2009 and is filed under Press Releases.

Bangalore: Kishore Chhabria’s Allied Blenders & Distillers (ABD) will finally go ahead with its IPO to raise about Rs 250 crore for funding its expansion plan which includes setting up of distilleries and launch of new brands. ABD’s Executive Vice-Chairman and Chief Exec...

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Obama’s Spending Spree, Budget Numbers “Have All Gone Mad,” Analyst Says

Posted on: Thursday, August 27th 2009 and is filed under Press Releases.

When retail expert and all-around economy watcher Howard Davidowitz appeared on Tech Ticker in February declaring the worst was yet to come for the U.S. economy and that Americans’ standard of living has changed permanently, our comment boards lit up. But surely with the latest ral...

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Intraday calls for 27-08-09

Posted on: Thursday, August 27th 2009 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to see a gap down opening. Buy SEL Manufacturing at 71-72, target: 77. Stoploss: 69.90 ...

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TCS, Infy, Wipro bag big chunk of BP’s 5-year IT deal

Posted on: Wednesday, August 26th 2009 and is filed under Stock News.

NEW DELHI: Country’s top three IT companies TCS, Infosys and Wipro today bagged a seizable chunk of five- year outsourcing deal from British oil giant BP. ( Watch ) Spokepersons of all three companies did not disclose the size when asked whether the total deal size is worth $ 1.5 ...

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Jindal Cotex IPO to hit capital market tomorrow

Posted on: Wednesday, August 26th 2009 and is filed under Press Releases.

MUMBAI: Textile company Jindal Cotex which is coming with over 1.12 crore equity shares will open its initial public offer from tomorrow. The company is coming with 1.24 crore shares for public subscription with price band for the issue at Rs 70-75. The Ludhiana-based company, at the ...

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Globus Spirits IPO opens on Aug 31 Listing date Buy or not

Posted on: Wednesday, August 26th 2009 and is filed under Press Releases.

Mumbai: Delhi-based Globus Spirits announced on Tuesday that its initial public offering would open on August 31. JSW Energy to hit capital market in third week of October The price band for the issue has been fixed at Rs 90-Rs 100. The issue will close on September 2. The company’...

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BSE to launch interest rate futures in 8-10 weeks

Posted on: Wednesday, August 26th 2009 and is filed under Market News.

MUMBAI: The Bombay Stock Exchange (BSE) today said it would launch interest rate futures in the next 8-10 weeks following Sebi approval received for the same. The capital market regulator yesterday approved the launching of BSE’s interest rate futures with immediate effect, a relea...

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Tech Mahindra wins $500 million Swan contract

Posted on: Wednesday, August 26th 2009 and is filed under Stock News.

BANGALORE: Tech Mahindra has won around $500 million outsourcing contract from new telecom entrant Swan Telecom. Swan’s outsourcing contract, which witnessed aggressive bidding from IBM, Wipro and Tech Mahindra, comes at a time when Tech Mahindra is attempting to establish itself in th...

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Intraday calls for 26-08-09

Posted on: Wednesday, August 26th 2009 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Buy Tech Mahindra at 890-894, target: 920. Stoploss: 883 If markets show weakness later during the day, Sell: Tata Steel Please trade in small quantities. ...

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