Markets likely to open weak. If markets show recovery later during the day, buy: Sesa Goa and BHEL …

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Hyderabad: OIL India Ltd, whose Rs 2,772-crore IPO is set to open on September 7, is not jittery about the lukewarm response NHPC’s issue got from the bourses on Tuesday. NHPC’s shares closed marginally above the issue price on Tuesday. Talking to press persons as part of the…

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Reliance Capital, which is seeking a government waiver to allow its life insurance venture’s IPO, expects a decision later this month, its chief executive said on Tuesday. Sam Ghosh said the unit would be considering roping in a strategic investor if the IPO fails to materialise. …

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State explorer Oil India’s $570 million IPO was subscribed nearly 1.3 times on Monday, signalling investor appetite had not waned in the wake of a muted stock market debut for two recent big Indian listings. ‘Oil India IPO subscribed in 30 minutes’ Solid demand for Oi…

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Pipavav (Gujarat): Set to debut in the capital market with an IPO, Pipavav Shipyard today said that it aims to generate around 60 per cent of its revenue from the defence sector going forward, though it does not have a single order from the sector, as of now. “We see high growth po…

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Buy BHARTISHIP cmp 206.80, target: 214-217, sl 198 Target achieved, Touched 218 levels after recommendation Call given by Kartik …

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Buy Gujarat NRE coke at 56.50, target: 59. Stoploss: 55.70 Buy Bank Nifty above 7730, target: 7900. Stoploss: 7660 …

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NEW DELHI: Etisalat DB Telecom and its subsidiary today awarded a contract to Tech Mahindra under which the IT solutions firm will manage the IT applications and infrastructure requirements of the telecom firm. The contract is for the proposed roll out of Etisalat’s telecom service…

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Cadbury has rejected the bid but Kraft said it was committed to working toward a recommended transaction and to maintaining a constructive dialogue Stocks in Europe rose with food companies among the top performers after Cadbury received and rejected a takeover offer from Kraft Foods. Ca…

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The Sensex soared above 16,000 on the back of strong global cues and hopes of an easing recession. The Nifty too ended at a fresh 15-month high at 4,783.The Bombay Stock Exchange benchmark index opened with a positive gap of 104 points at 15,793, mirroring gains in Asian markets. The ind…

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