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Domestic institutions net buyers of Rs 621cr

Posted on: November 28th, 2008 and is filed under Press Releases.

Domestic institutional investors (DIIs) were net buyers of Rs 621.24 crore (provisional) today, according to data released by BSE.While DIIs made gross purchases of Rs 1,208.85 crore, gross sales totalled Rs 587.61 crore. Foreign institutional investors (FIIs) were net buyers of Rs 168.5…

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‘Terrorist’ calls news channel, wants talks with govt

Posted on: November 27th, 2008 and is filed under Market Outlook.

New Delhi: Imran Babar, who identified himself as one of the terrorists involved in the terror strikes in Mumbai, called up a TV news channel on Thursday and said they wanted to have talks with the government for exchange of the hostages. …

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COPS CLEAR CAMA HOSPITAL, TAJ BURNS

Posted on: November 27th, 2008 and is filed under Stock News.

Mumbai: Army and police commandos are engaged in fierce gunbattle with small groups of terrorists who have taken many people hostages at the Taj Intercontinental Hotel, Oberoi Hotel and the Cama Hospital. …

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FII net sales at Rs 417cr, DII net buy at Rs 362cr

Posted on: November 26th, 2008 and is filed under Market News.

Foreign institutional investors (FIIs) were net sellers of Rs 416.82 crore (provisional) today, according to data released by BSE.While FIIs made gross purchases of Rs 1,298.95 crore, gross sales totalled Rs 1,715.77 crore. Domestic institutional investors (DIIs) were net buyers of Rs 36…

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TNEB-Bhel tie-up for 1600 Mw plant in Tuticorin district

Posted on: November 26th, 2008 and is filed under Market Outlook.

Tamil Nadu Electricity board and Bhel today signed an agreement for a joint venture agreement to start a 1600 Mw Thermal power plant at Udangudi in Tuticorin district. The venture would be named as Udangudi Power Corporation Ltd, in which TNEB, Bhel and other financial institutions, would…

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Sun Pharma acquires US-based Chattem Chemicals

Posted on: November 26th, 2008 and is filed under Press Releases.

Sun Pharmaceutical today said it has acquired US-based drug ingredients manufacturer Chattem Chemicals for an undisclosed amount. The American subsidiary of Sun Pharma has bought Chattem Chemicals from Elcat Inc, the domestic drug firm said in a filing to the Bombay Stock Exchange. …

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AIG restricts exec compensation, CEO gets a dollar

Posted on: November 26th, 2008 and is filed under Market Outlook.

AIG adopts exec compensation, bonus restrictions, CEO Liddy gets $1 annual salary for 2 years CHARLOTTE, N.C. (AP) — American International Group Inc. said Tuesday it is limiting how much it pays its top executives, including granting a $1 salary for this year and the same for 2009…

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FII net sales at Rs 162cr, DII net buy at Rs 155cr

Posted on: November 26th, 2008 and is filed under Market News.

Foreign institutional investors (FIIs) were net sellers of Rs 161.88 crore (provisional) today, according to data released by BSE. While FIIs made gross purchases of Rs 1,394.65 crore, gross sales totalled Rs 1,556.53 crore. Domestic institutional investors (DIIs) were net buyers of Rs 1…

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Sensex ends down 208pts; SBI, Reliance drag

Posted on: November 26th, 2008 and is filed under Market News.

The Sensex opened with significant positive gap of 258 points at 9,161 on the back of positive cues from the US markets. The index soon touched a high of 9,183, and thereafter pared gains as the day progressed. Significant weakness in select energy, realty and banking stocks dragged the …

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Siemens Q4 net at Rs 599 cr

Posted on: November 26th, 2008 and is filed under Stock News.

Diversified firm Siemens today said its consolidated net profit stood at Rs 599.54 crore for the fourth quarter ended September 30, as against Rs 692.85 crore in the corresponding period last year.The company’s consolidated net sales and services (excluding excise duty) rose to Rs 9…

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