The government today said the textile industry will get Rs 2,546 crore under the Technology Upgradation Fund Scheme (TUFS) within three working days, which is seen as a stimulus to the sector impacted by slump in global commerce.”…Rs 2,546 crore (under TUFS) will reach the ben…

Read More..

MUMBAI: Traders pressed the panic button towards the fag end of the session Thursday, after reports suggested that below-than-expected rainfall BSE Volatility in the stock markets Measuring market volatility Ten hot money-spinners in India Long term plan for better returns Should y…

Read More..

MUMBAI: The Indian rupee strengthened on Wednesday boosted by losses in the dollar against major currencies overseas but traders would be watching the local sharemarket open for further direction. The currency was trading at 47.62/63 dollar, from previous close of 47.73/74. Oil prices ed…

Read More..

BANGALORE (Reuters) – Larsen & Toubro Ltd (LT.NS : 1516.2 -3.15) has sought permission from market regulators to sell its stake in outsourcer Mahindra Satyam (SATYAM.BO : 112.95 +5.8) Ltd, a spokesman for the engineering and construction major said. L&T, which operates i…

Read More..

Mint Exclusive: Sources -Tata Motors in talks with SBI for JLR loan; -SBI to counter-guarantee UK Govt guarantee ABG Shipyard -Ups Great Offshore open offer price to Rs 520/share -Says bought 1.5 lakh Great Offshore shares on Monday at average of Rs 498.4/share Cairn India says -Di…

Read More..

MUMBAI: Benchmarks remained subdued Tuesday as traders lacked buying confidence after a sharp upmove in last session. Profit booking in Asian markets also dented sentiments. At 12:15 pm, Bombay Stock Exchange’s Sensex was at 15883.07, down 41.16 points or 0.26 per cent. The index touc…

Read More..

A renewed buying interest at the start of the August series, coupled with short-covering owing to July futures & options expiry, boosted the markets towards the end of the week.Earlier in the week, the markets had exhibited a lacklustre movement. The Sensex, after moving in a narrow …

Read More..

MUMBAI: Adani Power has priced its initial public offer (IPO) at Rs 100 per share, and the shares are likely to be listed on the stock exchanges around August 20. The IPO will help the company raise Rs 3,016 crore… Peer comparison BOOK VALUE PRICE TO BOOK RATIO FY 10 …

Read More..

The markets will either consolidate at current levels or rise till targets in the 4,900-5,000 level are hit. A very high volume settlement ended with an upwards breakout. The carryover pattern was excellent and FIIs are back in the thick of action. Index strategies Very high volumes wer…

Read More..

On some occasions markets can themselves cause a vindication of their predictions. Keynes would call it the engagement of animal spirits where the ebb and flow of human emotion has a sustained and self-perpetuating impact on activity. Sanskrit scholars, who reserve such references for d…

Read More..