NSE BSE Free Intraday Daytrading BTST Swing Trading Tips Investment calls

Quotes with Resistance & Support

Market Information

Hinduja Group prefers taking 51% stake in Satyam: CFO

Posted on: Tuesday, February 24th 2009 and is filed under Press Releases.

The Hinduja Group, one of the interested parties in acquiring a stake in Satyam Computer , today said it would prefer taking 51 per cent in the IT major. “It will be preferred if somebody can get 51 per cent. Suppose the open offer does not come to 20 per cent, then it will be less...

Read More..

Satyam investor likely in 3 wks; restatement by March

Posted on: Tuesday, February 24th 2009 and is filed under Press Releases.

Satyam Computer Services is likely to complete bidding process to rope in a strategic investor in the next three weeks and complete restatement of accounts by end-March, a top source said.”In the next three weeks, we will have a very clear picture about the strategic investor. We ex...

Read More..

GMR Energy acquires 33.5% in Canadian firm

Posted on: Tuesday, February 24th 2009 and is filed under Stock News.

GMR Energy Ltd (GEL), the 100 per cent subsidiary of GMR Infrastructure Ltd has acquired 33.5 per cent (75 million common shares) of Canada-based Homeland Energy Group Ltd (HEG), listed on Toronto Stock Exchange. ...

Read More..

Bernanke sees possible US recession end in 2009

Posted on: Tuesday, February 24th 2009 and is filed under Press Releases.

WASHINGTON: Federal Reserve chairman Ben Bernanke said Tuesday he sees a “reasonable prospect” for an end to the deep US recession this year if he numerous rescue and stimulus programs work as intended. ...

Read More..

LIC hikes stake in GAIL; stock down 2%

Posted on: Tuesday, February 24th 2009 and is filed under Stock News.

MUMBAI: Life Insurance Corporation of India hiked its stake to 9.98 per cent in state-run GAIL through open-market transaction as well as bonus allotment. In a disclosure on the Bombay Stock Exchange , Gail India said LIC has purchased over 5.92 crore shares representing two per cent stak...

Read More..

Duty cuts to have revenue implication of over Rs 28,000 crore

Posted on: Tuesday, February 24th 2009 and is filed under Press Releases.

NEW DELHI: The Finance Ministry said the fiscal sops given to provide stimulus to the slowing down economy will be effective from midnight on Tuesday and will have revenue implications of over Rs 28,000 crore. “The measures will lead to revenue loss of Rs 13,000 crore in service tax...

Read More..

BGR Energy bags $8.6 mn Iraq contract

Posted on: Tuesday, February 24th 2009 and is filed under Stock News.

Chennai-based BGR Energy Systems Ltd (BGR Energy’s) oil and gas equipment division has won a contract worth $8.57 million from Iraq, to design, manufacture and supply 14 floating- and fixed-roof steel storage tanks.The company had bagged the order from State Company of Oil Projects ...

Read More..

L&T bags Rs 1,438cr power projects; two in gulf

Posted on: Tuesday, February 24th 2009 and is filed under Stock News.

Engineering major Larsen & Toubro today said it has bagged three orders worth Rs 1,438 crore from different agencies for power infrastructure-related works.In a filing to the Bombay Stock Exchange, L&T said it has secured a Rs 800-crore order from Al Ain Distribution Co for the ...

Read More..

BGR Energy wins $8.57 mn contract in Iraq

Posted on: Tuesday, February 24th 2009 and is filed under Stock News.

Oil and gas equipment division of Chennai based BGR Energy Systems has won contracts worth $8.57 million in Iraq.The contract is for design, manufacture and supply of 14 floating and fixed roof steel storage tanks from State Company of Oil Projects(SCOP), the company said in a press relea...

Read More..

Sell Tata Communications, target of Rs 360: IIFL

Posted on: Tuesday, February 24th 2009 and is filed under Brokerage Recommendations.

IIFL has recommended a sell rating on Tata Communications with a target price of Rs 360 in its February 24, 2009 research report. “Tata Communications (TCOM) declared consolidated results for 3QFY09 revenues in line with our estimates at Rs 26.1 billion, up 5.3% QoQ, primarily led b...

Read More..

« Older Entries || Newer Entries »