Mukesh Ambani-led Reliance Industries Limited (RIL) has more or less met analysts’ expectations in the quarter as well as in full year ended March 2010. Net revenues more than doubled to Rs 57,570 crore year-on-year in March 2010 quarter, helped by all its businesses particularly improv…

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It is a damning report. The New York-based Rand Corporation’s 182-page report, ‘Film piracy, organized crime and terrorism’ essentially says film piracy is increasingly becoming a way to finance terrorism. It draws examples from North America, China, Spain, Italy, Hong Kong, and Ind…

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Results Today: ACC, Ambuja Cements, Birla Corp, Coromandel International, Esab India, FAG Bearings, Gujarat Gas, Indiabulls Power, Nestle, Rallis India, Sterlite Technologies, Strides Acrolab, Wipro & Zensar Technologies …

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Investors apathy towards new listings continues as seen from the decline in the shares of most of the companies that debuted on the bourses this month. Four of the five initial public offerings (IPOs) listed in the past three weeks are quoting at a significant discount to their offer pri…

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The robust credit pick-up in the fourth quarter of 2009-10, which helped the banking system to top central bank’s credit growth projections for the financial year, was primarily driven by retail loans, but credit flow to the commercial real estate sector fell drastically following an in…

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We have now read the SEC’s fraud allegations against Goldman and Fabrice Tourre in detail. This will sound surprising given how much Goldman’s stock and the equity market have been hammered by the allegations, but here’s our initial take: The SEC’s case against …

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In a truncated trading week, eight out of the 10 most valued firms lost nearly Rs 40,000 crore from their market capitalisation, with Reliance Industries losing the most. Mukesh Ambani-led Reliance Industries, the numero-uno firm in the list, which will come out with its yearly figures f…

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Despite solid gains in the broader market, there are several companies still trading at prices well below their book value. While market experts hope to see multi-baggers in this group of undervalued stocks, the process of picking potential winners and backing it up with conviction is fra…

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Historically it has been observed that mid- and smallcap stocks rally to unreasonable heights when the rally in frontline companies nears its end. And, market players pointed out, usually this is the time when gullible investors step in to the market and lose their money. Some self-proc…

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Alex Kennedy, Associated Press Writer, On Wednesday April 14, 2010, 5:13 am SINGAPORE (AP) — Stocks mostly rose in Asia on Wednesday on investor optimism that better-than-expected first quarter results from Intel Corp. will usher in a strong corporate earnings season. Singapore&#…

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