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Petrol to go cheaper by Rs 5 from Wednesday

Posted on: Thursday, January 29th 2009 and is filed under Press Releases.

Taking cue from his leader’s remark, Petroleum Minister Murli Deora squeezed in a proposal before the Cabinet for a cut in petrol prices by Rs 5 a litre, diesel by Rs 2 a litre and cooking gas LPG by Rs 25 a cylinder with effect from Wednesday night. On Tuesday, UPA chairperson Son...

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Obama argues for stimulus plan before House vote

Posted on: Thursday, January 29th 2009 and is filed under Press Releases.

WASHINGTON (AP) — Looking beyond expected House approval of an $816 billion economic stimulus plan, President Barack Obama said Wednesday the nation is at a “perilous moment” requiring swift and decisive action. AP – President Barack Obama makes remarks on the eco...

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Raju created 300 companies to divert funds!

Posted on: Wednesday, January 28th 2009 and is filed under Press Releases.

New Delhi: The Government said on Wednesday that Satyam Computer’s disgraced founder Ramalinga Raju created a network of about 300 companies and diverted funds from one company to another in a complex but carefully planned process. “There has been an issue of siphoning (off of...

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Reliance Power bags 4,000 MW Tilaiya UMPP

Posted on: Wednesday, January 28th 2009 and is filed under Stock News.

NEW DELHI: Anil Ambani Group firm Reliance Power today bagged its third 4,000 MW Ultra Mega Power Project, at Tilaiya, in Jharkhand. “Reliance Power has bagged the 4,000-MW Ultra Mega Power Project at Tilaiya in Jharkhand,” a source said. The Reliance bid for the project was R...

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NTPC to invest Rs 18,000 cr in FY10

Posted on: Wednesday, January 28th 2009 and is filed under Stock News.

Mumbai: National Thermal Power Corporation (NTPC) Ltd, the state-owned power generation company, has marked a capital expenditure of Rs 18,000 crore for capacity augmentation and mining operations next fiscal. The company plans to hike its capacity by 2,800 mw and start mining activities ...

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Promoters of 11 companies pledge shares

Posted on: Wednesday, January 28th 2009 and is filed under Press Releases.

MUMBAI: A recent equities report by stock brokerage Prabhudas Lilladher has picked eleven companies where promoters have raised money by pledging shares. As per the poll, the management of KEI Industries (currently trading 0.4% higher at Rs 10.72 ), Nagarjuna Construction (up 6.2% at Rs 5...

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Intraday calls for 28-01-09

Posted on: Wednesday, January 28th 2009 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to remain positive today. Buy Jindal Steel & Power at 877, target: 900. Stoploss: 868 ...

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SAIL Q3 net down 56 per cent

Posted on: Wednesday, January 28th 2009 and is filed under Press Releases.

Hit by slump in steel demand and the consequent fall in prices, the country’s largest steel producer SAIL on Tuesday reported a 56 per cent decline in its net profit to Rs 843 crore for the third quarter ended December. The state-run entity had a net profit of Rs 1,934.66 crore in ...

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Obama meets with Republicans on stimulus

Posted on: Wednesday, January 28th 2009 and is filed under Press Releases.

By Caren Bohan and Thomas Ferraro WASHINGTON (Reuters) – President Barack Obama urged skeptical Republicans to back his $825 billion economic stimulus package on Tuesday during a visit to the Congress on Capitol Hill. Shortly before Obama arrived, House Minority Leader John Boehne...

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Hanung Toys sets up office in US

Posted on: Tuesday, January 27th 2009 and is filed under Stock News.

Mumbai: Hanung Toys and Textiles Ltd has informed the BSE that the company has setup a marketing office in New York, US through its subsidiary Abhinav International Inc. ...

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