Indiabulls power’s IPO, with an issue of 39 crore equity shares, having a offer price of Rs 40-45 per share with face value of Rs 10 each, the issue would mop up Rs 1,560-1 ,760 crore, and would represent 19% of post dilution equity capital. The proceeds would go for power projects …

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Bharti Airtel is one stock that has been hammered by alomst 30% in the past week. Bharti Airtel. Telecom sector is a matured sector and its no longer a Industry that going to bounce up soon, it depends upon the subscriber count they add up in the coming months or so.Read More..

The era of free ATM usage will come to an end on Thursday, October 15. Every transaction carried out on another bank’s ATM could cost an account holder as much as Rs 20 and withdrawals will face a limit of Rs 10,000, the Indian Bank’s Association has said in its guidelines. According…

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The rate war in the telecom industry sparked by Anil Ambani’s Reliance Communication (RCom) and the Telecom Regulatory Authority of India’s (Trai’s) move on per-second billing is taking its toll on share prices of leading service operators. The share price of six telecom companies …

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India Inc is expected to post a marginal growth in net sales and profit in the financial year’s second quarter, ended September, says an earning preview by the city-based equity research and broking company, KR Choksey Shares and Securities (KRC). The estimates are based on the performa…

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U.S. Sept non-farm payrolls plunge 263,000 WASHINGTON (Reuters) – U.S. employers cut a deeper-than-expected 263,000 jobs in September, lifting the unemployment rate to 9.8 percent, according to a government report on Friday that fueled fears the weak labor market could undermine ec…

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Yahoo Finance: Stocks tumble on disappointing reports on manufacturing, unemployment; Dow slides 203 points NEW YORK (AP) — Stocks began the fourth quarter with a slide as pessimism about the economy gripped investors. The Dow Jones industrial average and the Standard & Poor&…

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The Nifty October futures closed above the resistance level of 5,010 on short-covering and buying in banking, metals and capital goods stocks. After a modest start, the Nifty extended gains in the afternoon trade on firm European markets and higher Dow futures. The market is expected to …

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ET: WASHINGTON: As the world economy comes out of a deep global recession, global activity is forecast to expand by about 3 percent in 2010 after contracting by about 1 percent in 2009, according to the International Monetary Fund (IMF) projections. Though well below the rates achieved b…

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ET: WASHINGTON: Amid hopes of economic revival and worries of rising unemployment, the US economy has been in recession for 23 months, one of the longest periods since the 1930s Great Depression. Battered by the ravaging financial meltdown, the US has witnessed steep economic contraction…

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