Reliance Money has maintained its buy rating on Dishman Pharmaceuticals & Chemicals with a target price of Rs 185 in its April 6, 2009 research report. “Dishman Pharmaceuticals & Chemicals Ltd (Dishman), is setting up a Rs 350 million US FDA and MHRA approvable drug formul…

Read More..

Investors seem to have taken a sudden liking to shares of small-ticket finance and leasing companies, thanks to widening spreads between lower borrowing costs and higher lending rates. …

Read More..

MUMBAI: Sharekhan has maintained a Buy recommendation on pharmaceutical major Lupin. It has set a target price of Rs 840 on the stock, which is an upside of 30 per cent from current market price of Rs 646. …

Read More..

The Central Bureau of Investigation (CBI), probing the Satyam fraud case, arrested the IT firm’s Vice-President (Finance) G Ramakrishna and two other employees on last night.According to CBI Deputy Director General V V Lakshmi Narayana, the arrested employees were involved in prepar…

Read More..

JSW Steel Ltd has cancelled 14.74% of its outstanding zero coupon foreign Currency Convertible Bonds (FCCBs) of US$1,00,000 each due 2012, aggregating to US$47.80mn, repurchased in accordance with the A.P. (DIR Series) Circular No. 39 dated December 08, 2008 issued by the Reserve Bank of …

Read More..

MUMBAI: Indian indices rallied Monday reacting positively to the outcome of G 20 meeting during the long weekend. Sentiments in global markets turned positive on hopes that the worst of economic downturn has passed. …

Read More..

MUMBAI: Shares of JSW Steel gained momentum Monday after the steel manufacturer achieved its highest-ever during the fourth quarter ended March 2009 registering 11 per cent growth to 11.06 lakh tonne over the corresponding quarter last year. …

Read More..

India’s top-most corporate entity Reliance Industries (RIL) and Tata group firm TCS are among firms which paid thousands of dollars to President Barack Obama’s top economic adviser Lawrence Summers either for his association with the firm or for giving speeches, say reports. …

Read More..

Ramesh Damani, Member, BSE, asks market experts about their outlook for the year 2010. Madhu Kela, Head-Equity, Reliance MF, Investors will have to be very alert and markets will have lot of volatility. He believes that opportunities are going to be there in 2009-10 to make a lot …

Read More..

Birla Sun Life Mutual Fund became the fastest growing fund house in the country even as the industry as a whole posted de-growth last year, a top company official said.The Asset Under Management (AUM) of Birla Sun Life which was only Rs 20,000 crore as of March 07 went up to Rs 35,000 cro…

Read More..