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Markets to remain closed on 14-04-10

Posted on: April 13th, 2010 and is filed under Market News.

Markets to remain closed tomorrow (14-04-10) on account of Dr. Babasaheb Ambedkar Jayanti …

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Tyche Industries Ltd

Posted on: April 13th, 2010 and is filed under Penny Stocks.

Tyche Industries  was incorporated in 1998 as Siris Soft, which was promoted by Gokuraju Ganesh Kumar and B. Kasi Raju. It was established as a software company but later on was diversified into the manufacture of fine chemicals. The company got its present name with effect from December…

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Eurozone nations offer euro30 billion loans to Greece

Posted on: April 11th, 2010 and is filed under Market News.

Robert Wielaard, Associated Press Writer, On Sunday April 11, 2010, 12:59 pm BRUSSELS (AP) — Desperate to halt the Greek debt crisis that has hammered the euro, fellow eurozone governments tossed it a financial lifeline Sunday, saying they would make euro30 billion in loans availa…

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Cabinet nod to SAIL divestment

Posted on: April 9th, 2010 and is filed under Market News.

The Cabinet Committee on Economic Affairs (CCEA) today approved disinvestment in Steel Authority of India Ltd (SAIL) to mop up an estimated Rs 16,000 crore. This is in line with the government’s disinvestment plan to raise Rs 40,000 crore in 2010-11 and will be followed by disinvestme…

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Stock markets correct on Greek worries

Posted on: April 8th, 2010 and is filed under Market News.

By Justin Carrigan and Stuart Wallace Greek bonds dropped, sending the yield premium over German debt to the widest since the euro’s inception, and stocks tumbled on speculation that the bailout of Europe’s most indebted nation will unravel. The yen rallied. The Greek 10-year sprea…

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Lowenstein: Thanks to Greenspan and Bernanke, The Next Crisis Could Be “Even Scarier”

Posted on: April 7th, 2010 and is filed under Market News.

Posted Apr 07, 2010 10:05am EDT by Peter Gorenstein in Investing, Newsmakers, Banking, Politics Related: Alan Greenspan is on Capitol Hill today testifying in front of the Financial Crisis Inquiry Commission. The former Federal Reserve Chairman Alan Greenspan has come under increased s…

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Job openings rise in several sectors in February – Wall Street

Posted on: April 7th, 2010 and is filed under Market News.

Job openings rise in retail, manufacturing, other sectors in February; layoffs also drop WASHINGTON (AP) — Job openings rose in several sectors of the economy in February, including retail, manufacturing, transportation, restaurants and hotels, the Labor Department said Tuesday. …

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Sensex rises to highest level in two years

Posted on: April 6th, 2010 and is filed under Press Releases.

The key domestic equity index, the Bombay Stock Exchange’s Sensex, today rose to its highest in over two years and was close to the 18,000-mark. Heavy buying in Reliance Industries, Reliance Infrastructure, Bharti Airtel, Tata Steel and DLF saw the Sensex gain 1.37 per cent, or 243 poi…

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Era Infra forays into power transmission & distribution biz

Posted on: April 6th, 2010 and is filed under Market News.

New Delhi, Apr 5 (PTI) Era Infra Engineering today said it has forayed into power transmission and distribution (T&D) business and has a formed a new subsidiary – Era Power Ltd for the same. “We see a good business opportunity in power T&D business as a number of co…

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Asian markets rise on signs US poised for growth

Posted on: April 2nd, 2010 and is filed under Press Releases.

Asian stock markets rose slightly Friday after expanding U.S. manufacturing suggested the world’s biggest economy is poised for solid growth this year. Japan’s benchmark Nikkei 225 stock average rose 39.83 points, or 0.4 percent, to 11,284.23. South Korea’s Kospi was up…

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