Police baton-charged protesters in the Bangladeshi capital Dhaka on Monday, witnesses said, as angry investors vented their fury after the stock market fell more than nine per cent in an hour. The Dhaka Stock Exchange halted trading after stocks fell a record 9.25 per cent within an hour…

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Housing regulator, National Housing Bank (NHB), which is awaiting $500 million loan from the World Bank for low cost housing, today said property prices would rise in the next one year, but that would result in correction in these rates in all the metros subsequently. “In the next …

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Police say Sanjay Gupta helped invest Hero funds in scam In a dramatic turn to the multi-crore Citibank financial fraud, the Gurgaon police today arrested Sanjay Gupta, associate vice-president of Hero Corporate Services, on charges of forging documents and criminal conspiracy.Three days…

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NSEGuide team wishes you, your family and friends a very happy and a Prosperous new year. Your New Year Resolutions must be ready by now. Hope you have also made some about your investments. If not….. then lets resolve to – Have a clear financial goal – something that is tru…

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In contrast to handsome gains made in the primary market, nearly two-third of the 69 companies listed on bourses during 2010 are trading below their issue prices, resulting into negative returns for investors. An analysis of the BSE-listed companies shows that as many as 44 out of the 69…

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NEW YORK: U.S. stocks opened modestly higher on Wednesday, indicating stocks were on track to extend a December rally as investors remained bullish about the prospects of a global economic rebound in 2011. The Dow Jones industrial average was up 12.71 points, or 0.11 per cent, at 11,588….

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Shares of Bajaj Hindusthan Sugar & Industries (BHSIL) will stop trading on the bourse from December 30 as the company will be merged with another group firm Bajaj Hindusthan. “Trading in the equity shares of BHSIL shall be suspended with effect from December 30, 2010, on accou…

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Alex Kennedy, Associated Press, On Thursday December 23, 2010, 2:44 am SINGAPORE (AP) — Oil prices rose to fresh two-year highs near $91 a barrel Thursday in Asia as a U.S. stock market rally boosted optimism that demand will improve. Benchmark oil for February delivery rose as hi…

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JSW may emerge as the largest domestic steel producer as debt-stricken Ispat returns to profitability, say analysts. JSW Steel’s move to acquire Ispat Industries is a win-win deal for both companies. On the one hand JSW will get to consolidate its position in the domestic steel manufac…

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Initial public offering of Punjab & Sind Bank subscribed 29.77 times on day three. It received bids for 1,190.65 million shares as against 40 million shares on offer. A total of 77.57 million bids were received at cut-off price. The price band has been set at Rs 113-120 a share. The…

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