Anil Dhirubhai Ambani Group plans to sell a stake in Reliance Communications’ telecoms tower unit to GTL Infrastructure and a private equity investor, a newspaper reported today. The sale in Reliance Infratel will be through a combination of cash and stock, the paper said citing ba…

Read More..

The $5 billion Saudi Bin Ladin group was founded by 1931 by the late Sheikh Mohammed Bin Ladin, who is also the father of the world’s most wanted terrorist and al-Qaida founder Osama Bin Laden. The group, which disowned Osama Bin Ladin in 1994 much before he shot to notoriety for master…

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..

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..

MUMBAI: In a week that saw the benchmark index Sensex regaining the 17,000-level, eight out of the top-10 firms lost over Rs 20,000 crore from their market capitalisation, with IT major Infosys emerging as the biggest loser. Meanwhile, two companies — Reliance Industries and BHEL …

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..