MUMBAI: Foreign fund house Goldman Sachs Investment Partners Mauritius on Tuesday picked up 6 per cent stake in the leading low-cost airline SpiceJet by converting the 1.5-crore warrants it has purchased from the airline in December 2008 into equity. The airline has allotted 1.53 crore s…

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PRAGUE — Fears that the debt crisis could migrate to central Europe were stirred Friday after a senior Hungarian government official said the previous government had manipulated budget figures and lied about the state of the economy, but most financial experts dismissed the remarks as a…

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Carborundum Universal is facing strong resistance at 198-203 levels and has made a triple top in this range. Once it manages to cross 205 one can enter it for a short term target of 218-222. Stoploss: 190 …

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Neo Corp International Limited (NCIL) since its inception in 1986, is dedicated in making tailor designed products under Packtech. NCIL reached the status of a fore-runner internationally as a reliable supplier of Packtech products.NCIL has come a long way from a small woven sack factory …

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Gold prices zoomed to an all-time high of Rs 19,050 per ten grams in the national capital today on skyrocketing global rates amid the ongoing marriage season in India. In international markets, gold prices surged for the seventh straight day as the European debt crisis increased demand f…

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Today Nifty manged to gain 20 points and ended at 5086, on the other hand Sensex gained 82 points and finally closed at 16, 845. Nifty opened up flat, but made some gains around noon. Today’s upswing was led by the PSU, Auto and the Pharma stocks. European indices were trading mixed a…

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The gross domestic product (GDP) or gross domestic income (GDI) is a measure of a country’s overall economic output. It is the market value of all final goods and services made within the borders of a country in a year. It is often positively correlated with the standard of living, …

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Shoppers stop had made a triple top formation near the 405-410 range and is currently trading at 424. One can enter it for a short term target of 445-450. Stoploss: 400-410 …

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Move aimed at luring more investors to the market. The National Stock Exchange (NSE), the country’s largest bourse, plans to offer a new system for short sales within the next few weeks, a move aimed at luring investors to the local market after expanding in the US and Singapore. The c…

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Hindustan Unilever (HUL) today reported the highest net profit growth in last fourteen quarters on the back of one time exceptional income in the March quarter. Hindustan Unilever Limited (HUL) announced its results for March Quarter 2010 and financial year ending on 31st March 2010. In …

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