Petrol costlier by Rs 3.50; Diesel up by Rs 2; LPG cylinder to cost Rs 35 more It was all stitched up at a one-on-one meeting between Prime Minister Manmohan Singh and Finance Minister Pranab Mukherjee last week. Once the decision was taken, the Minister for Petroleum and Natural Gas Mur…

Read More..

You can learn a lot from watching the World Cup — and not just about soccer. As I’ve tuned into the games I’ve started to realize how many ways it’s just like the stock market — and how it can actually teach you a useful thing or two about making money. Don&…

Read More..

Technofab Engineering, a power, oil and gas and industrial projects contractor, today said it plans to raise around Rs 69 crore through its IPO, the price band for which has been fixed at Rs 230-240. The initial public offer (IPO) will open for subscription on June 29 and close on July 2…

Read More..

In a bid to lower the impact of an unavoidable hike in petrol and diesel prices, Oil Minister Murli Deora has asked states like Delhi and Andhra Pradesh to lower sales tax (VAT) on auto fuels and shift towards specific rates. As the government considers freeing petrol and diesel prices, …

Read More..

Roadmap for mega entry into power, 4G services. His brother Anil Ambani disappointed the cameras by not turning up at the much-hyped annual general meeting (AGM) and the tone of the speech to his “dear shareholders” was too matter of fact. But Reliance Industries Limited (RIL) Chairm…

Read More..

Call given at 20, CMP 41.50, Mid term investors are advised to book profits at 41, Long term investors may book partial profits and continue to hold the rest Cenlub Industries is in the field of design, manufacture and supply of Centralised Lubrication System for various Machines, Plants…

Read More..

Following is the list of stocks having the maximum P/E (PE). For people who don’t know what P/E is about I recommend them to check it out here. The list is generated as on 16th June 2010 But …

Read More..

WASHINGTON: China has raised its US government debt holdings to the highest level this year, according to US Treasury data published on Tuesday. The Chinese government raised its US Treasury bond holdings to 900.2 billion dollars in April, its highest level since November 2009, the Treas…

Read More..

Anil Ambani group today decided to separate tower business of its telecom arm Reliance Communications to create an independent firm, saying it was in advanced stage of talks for stake sale in the new entity. The purpose of creating a separate firm is to secure business from other telecom…

Read More..

By Nicolas Johnson and Anna Kitanaka Asian stocks rose to a one-week high on an increased estimate of technology spending and a gauge of bond risk declined after the European Central Bank said it will extend measures to battle the region’s debt crisis. The MSCI Asia Pacific Index of e…

Read More..