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No hike in fares, freight charges in Rail Budget

Posted on: February 24th, 2010 and is filed under Press Releases.

The Railway Budget for 2010-11 today proposed no increase in passenger fares and freight rates while reducing the tariff by Rs 100 per wagon in transportation of foodgrains, kerosene and fertilisers to tackle the price rise. The budget, presented by Railway Minister Mamata Banerjee in th…

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Stocks retreat after disappointing consumer report – Wall Street

Posted on: February 24th, 2010 and is filed under Market News.

Stocks pull back in afternoon trading after worse-than-expected consumer confidence report By Stephen Bernard, AP Business Writer , On Tuesday February 23, 2010, 2:47 pm NEW YORK (AP) — The stock market pulled back Tuesday after a surprising drop in consumer confidence reminded …

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Avon Corporation Ltd

Posted on: February 20th, 2010 and is filed under Penny Stocks.

Avon Corporation Ltd – An ISO 9001:2000 Certified company, is a manufacturer of weighing scales under the “Avon” Brand such as – Mechanical Scale, Stylish Digital Glass Scale, Wooden Scale, Wireless Digital Glass Scale, Digital Super Slim Scale, Digital Body Fat Scale, Dig…

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Fed bumps up rate banks pay for emergency loans – Wall Street

Posted on: February 19th, 2010 and is filed under Market News.

Fed raises banks’ emergency-loan rate to 0.75 pct; won’t directly affect consumer borrowing By Jeannine Aversa, AP Economics Writer , On Thursday February 18, 2010, 7:35 pm EST WASHINGTON (AP) — The Federal Reserve decided Thursday to boost the rate banks pay for eme…

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U.S. stocks inch up; Travelers, Wal-Mart in focus

Posted on: February 19th, 2010 and is filed under Market News.

NEW YORK (MarketWatch) — U.S. stocks inched up Thursday as investors took a somewhat optimistic view of a mixed bag of earnings reports and economic data. The Dow Jones Industrial Average (DJI:^DJI – News) was up 14 points, or 0.1%, to 10,323, in recent trading. Insurance pro…

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F&O OUTLOOK: The market has limited scope to move up

Posted on: February 18th, 2010 and is filed under Market News.

The Nifty opened as expected and remained range-bound thereafter on profit-booking yesterday. The market is expected to be range-bound today as well and may witness profit-booking at higher levels as only six trading sessions are left for the expiry of the current month’s series. Also,…

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NSE Index Weights- Nifty 50 stocks weightage

Posted on: February 16th, 2010 and is filed under Market News, Press Releases.

NIFTY , CNXIT ,BANKNIFTY,JUNIOR NIFTY, CNX 100 , CNX 500 , CNX MIDCAP , NIFTY MIDCAP – List of stocks with their weightage in Nifty50, CNX100, CNX 500, Midcap, Bank Nifty. Quotes are updated as of date 02-15-10… Please see the list below Index Weightage BANK Nif…

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Eveready: From Red to ‘LED’

Posted on: February 15th, 2010 and is filed under Market News.

The company wants LED-based flashlights and lighting solutions to account for a quarter of its turnover in two years. Eveready is no longer just a battery maker. And Deepak Khaitan, executive vice chairman and managing director of the India’s largest battery company, says the company�…

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Terror Strikes Pune – Famous German bakery targeted

Posted on: February 13th, 2010 and is filed under Press Releases.

Eight people were killed and up to 40 injured in a bomb explosion in a popular bakery near a Jewish prayer house here in the first major strike after the 26/11 carnage in Mumbai. The blast took place in the German Bakery, an old business establishment in the Cantonment area of the city, …

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Investors lose 2.7 lakh cr so far this year

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

Investors have become poorer by a whopping Rs 2.7 lakh crore so far in 2010 due to continued downfall in the domestic stock markets. The total investor wealth, measured in terms of market capitalisation of all the listed companies together, at close on February 6 stood at around Rs 58.10…

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