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World Bank says 2009 will be a ‘very dangerous year’

Posted on: Saturday, March 14th 2009 and is filed under Press Releases.

London: The world economic crisis will be deeper and longer if government stimulus packages are too modest and states fail to take joint action to fix their banks, World Bank President Robert Zoellick said on ...

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iGATE keen on buying majority stake in Satyam

Posted on: Friday, March 13th 2009 and is filed under Press Releases.

Nasdaq listed IT and outsourcing solutions major iGATE on Friday announced its interest in acquiring a 51-per cent stake in scam-hit Indian firm Satyam Computer Services by registering for a global auction. ...

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Mkts see biggest single-day gain in 2009 led by financials

Posted on: Friday, March 13th 2009 and is filed under Market News.

Today’s session was the strongest session for the benchmark indices in the year 2009. The markets continued their northward journey on the back of strong global cues. Short covering in rate sensitive and fresh long build up in major heavyweights boosted the markets higher. ...

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Hold Satyam for long term, say experts

Posted on: Friday, March 13th 2009 and is filed under Stock Views.

MUMBAI: Developments at Satyam Computer Services following B Ramalinga Raju’s confession had left many retail investors asking whether to sell or hold the company’s shares. But with the new management recently kicking off the bidding process to rope in a new investor, experts are of t...

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People’s migration a sign of prosperity: World Bank

Posted on: Friday, March 13th 2009 and is filed under Press Releases.

The government should not fight the expansion of cities or the migration of people from villages, as that would amount to fighting prosperity, says the World Bank’s latest world development report on reshaping economic ...

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Intraday calls for 13-03-09

Posted on: Friday, March 13th 2009 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Buy Core Projects above 49.50, target: 51. Stoploss: 49.10 Buy ICICI Bank above 285, target: 297. Stoploss: 282 If markets show weakness later during the day, short sell: Bharti Airtel ...

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Market Review for 13th March 2009: Prakash Gaba

Posted on: Friday, March 13th 2009 and is filed under Market Outlook.

BSE Sensex: (8344) we were expecting a reaction and we got one but the market action is still not suggesting a lot of strength but is suggestive of a small trading move… ...

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Stocks in news: Satyam, iGate, Tech Mah, RIL, TTML

Posted on: Friday, March 13th 2009 and is filed under Stock News.

Here are stocks that are expected to remain in news today: Satyam -iGATE files formal expression of interest in Satyam -iGate may withdraw EOI if information sought on Satyam not provided -Spice Corp registers expression of interest for Satyam: co officials -L&T says have expres...

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Tech Mah, L&T, Spice Corp emerge bidders for Satyam

Posted on: Thursday, March 12th 2009 and is filed under Press Releases.

Five pm today marked the deadline for all parties submitting Expression of Interest (EoI) for the fraud hit technology giant Satyam Computer Services Limited. The three bidders in the fray are Tech Mahindra, L&T and Spice Corporation; while HCL Tech and the Hindujas have chosen to st...

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US research firm pegs Satyam lawsuit liabilities at $100mn

Posted on: Thursday, March 12th 2009 and is filed under Stock News.

A US-based research firm has pegged Satyam’s class action lawsuit liabilities at under USD 100 million. CNBC-TV18’s Shereen Bhan reports. According to the research firm, the amount of liability that the crisis-ridden Satyam, in the aftermath of the Rs 7,000 crore scam carried out ...

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