Experts say moratorium on interest not a solution, debt needs to be restructured; state must look for avenues to increase revenue and curtail expenditure In March, euro zone finance ministers signed a second Greek bailout package, worth euro 130 billion. Probably, taking a cue from this,…

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Selling of pledged shares, along with resignation of 4 directors within a month has prompted fears that something is deeply amiss with the company Varun Industries recently hit a 52-week low Rs42.65 on the National Stock Exchange (25 April 2012) amidst share pledging by the promoters a…

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The markets on Wednesday gave a thumbs-up to Bharti Airtel, the country’s largest telecom service provider, despite it posting a decline of 28 per cent in its consolidated net income, the ninth straight quarterly drop, to Rs 1,006 crore during the fourth quarter ended March 31. Nev…

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Market experts cite govt’s anti-tax avoidance rule (GAAR) proposal, S&P’s negative credit outlook for flight Press Trust of India / New Delhi Apr 29, 2012, 17:10 IST After pouring hefty funds into the Indian equity market in the first three months of the year,…

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After the adverse tariff and compression charges order, the capital’s monopoly compressed natural gas (CNG) and piped natural gas (PNG) player Indraprastha Gas Ltd (IGL) may lose its marketing exclusivity to new players. Downstream petroleum regulator, the Petroleum and Natural Gas Regu…

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Against the backdrop of Standard & Poor’s downgrading India’s outlook to negative, Reserve Bank of India (RBI) Deputy Governor K C Chakrabarty on Thursday said the country’s financial system was strong and all risks to growth and the economy were only internal, in terms of p…

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Following is the list of stocks having the minimum P/E (PE). For people who don’t know what P/E is about I recommend them to check it out here. The list is generated as on 26t…

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Following is the list of stocks having the minimum P/E (PE). For people who don’t know what P/E is about I recommend them to check it out here. The list is generated as on 26t…

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S&P revises India outlook to negative from stable Ratings agency Standard & Poor’s on Wednesday cut India’s outlook to negative from stable, citing slow progress on its fiscal situation, as well as deteriorating economic indicators. There is a one in three chance o…

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Essar Shipping is planning to cut its $1.1 billion debt (around Rs 5,740 crore). The company plans to drive up its valuations by deleveraging, even as it has a debt-to-equity ratio of 1:1, standard for shipping companies. “We would like to go further lower. Deleveraging is a big focus …

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