At 11:57am (IST), Shares of Dish TV have plunged by over 11% to Rs47.7. Shares of Dish TV have plunged by over 11% to Rs47.7 after the promoter of the company offloaded ~65.88mn shares of the company on the BSE and the NSE at average price of Rs49 per share. The shares were transacted i…

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Markets likely to open flat. Buy Divis Laboratories at 1200, target: 1240. Stoploss: 1183 Buy Suzlon around 128-130, target: 135. Stoploss: 126 …

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By now, it is quite clear that the Government does have divestment of its stakes in PSUs high on its agenda for the next few months. That may well allow investors to buy into a whole range of offers from listed as well as new PSUs. Which companies are likely candidates? Here’s a line-up…

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We said ‘Technically the trend is still intact up and there is no sign of weakness witnessed on the charts as yet but as the market climbs higher it sets itself up for a reaction’ The market unfolded and remained positive during the week. Technically the trend is still intact up and…

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BSE Sensex: (15104) the market has closed positive as expected and it still looks up but reactions cannot be ruled out…so caution is the order of the day. The support for the Sensex is 15050-14800 and the resistance to the up move is at 15520 Nifty: (4587) the support for the Nifty is…

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Suzlon Energy, the world’s fifth-largest wind turbine maker, today said it has completed the acquisition of Portugal-based Martifer Group’s stake in its German subsidiary, REpower Systems.The company has made the final payment of ¤87.6 million (about Rs 575 crore) to Martifer for its…

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Fortis Healthcare on Friday sealed a deal with Wockhardt Hospital to buy out the entire stake of the promoters for Rs 1,000 crore, according to senior company sources. The move has finally brought to an end months of speculation on the stake sale in Wockhardt Hospital by its founder Habil…

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After six months of financial drought, global money is flooding into India at the rate of $1 billion a week. If sustained, this will be the mother of all financial stimuli, eclipsing the finance minister’s budgetary endeavours. The dollar flood is not due to the Congress election victor…

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WASHINGTON: The Obama administration is expected to announce next week that a higher-than-expected number of large financial institutions will be allowed to repay their government bailout funds, the Washington Post reported in its Saturday edition. Citing unnamed sources who spoke on the…

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C&C Constructions Ltd, a Gurgaon-based infrastructure development company, has bagged two orders worth Rs 375 crore from Jaiprakash Associates Ltd.The orders does not include the cost of major raw materials and capital equipment, which are being supplied by Jaiprakash Associates Ltd….

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