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Dabur buys Ajanta Pharma capsule brand, focus on OTC healthcare

Posted on: May 4th, 2011 and is filed under Market News.

Dabur India, the consumer products major, today entered into an agreement with Mumbai-based Ajanta Pharma to acquire the latter’s over-the-counter (OTC) energiser brand, ’30-Plus’. Dabur didn’t disclose the size of the deal, saying it had signed a non-disclosure agreement…

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RBI hikes repo rate by 50 bps to 7.25%, savings bank deposit rates to 4%

Posted on: May 3rd, 2011 and is filed under Market News.

MUMBAI: The Reserve Bank of India raised interest rates by a sharper-than-expected 50 basis points on Tuesday and said fighting inflation is its priority, even at the expense of short-term growth. Savings bank deposit interest rates was increased from 3.5% to 4%. The rate rise was its ni…

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Japan’s Kokuyo to buy majority stake in Camlin

Posted on: May 2nd, 2011 and is filed under Market News.

Japanese firm to retain Camlin, Camel brands. India’s favourite stationary and art brand is set for a strategic makeover. The Dandekar family, the promoter of Camlin Ltd, has decided to offload a lion’s share of its stake to Japan’s Kokuyo Co Ltd, according to two independent sour…

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IPL viewership down to its lowest level: Is the brand equity of this tournament steadily eroding?

Posted on: April 30th, 2011 and is filed under Market News.

The fourth season of the IPL is witnessing the lowest TRPs. The decline in viewership could be due to the afternoon telecast of these matches, the World Cup hangover and the steady erosion of the brand equity of this cricket jamboree A few media reports have appeared which say that the c…

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Intraday calls for 28-04-11

Markets likely to open flat, next support at 5750, resistance at 5920 Buy Godrej Industries around 188, Target: 195, SL 182 Having power issues, shall be back by 4pm Nifty Future/Index LIVE Charts with Volume & Techn…

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Unemployment falls in 80 pct. of large cities – Wall Street

Posted on: April 28th, 2011 and is filed under Market News.

WASHINGTON (AP) — The unemployment rate fell last month in more than 80 percent of the nation’s largest metro areas, adding to evidence that the recent pickup in hiring is widespread. The unemployment rate fell in 303 of the nation’s 372 largest cities in March, the Lab…

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Black money comes mainly from India: Assange

Posted on: April 26th, 2011 and is filed under Market News.

At a stage where governments around the world have tried to hide away from the embarrassment caused by WikiLeaks expose on black money, founder Julian Assange speaks exclusively to TIMES NOW’s Editor-in-Chief Arnab Goswami on the Swiss bank data and Indian names features in the same…

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Markets closed on Friday

Posted on: April 21st, 2011 and is filed under Press Releases.

Markets will be closed tomorrow on account of Good Friday …

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World markets rally after Wall Street biggies post better-than-expected earnings

Posted on: April 20th, 2011 and is filed under Market News.

BANGKOK (AP) — An energetic rebound on Wall Street spurred by strong earnings reports and better-than-expected housing starts sent world stocks higher Wednesday. Oil prices rose above $109 a barrel after a report showed U.S. gasoline supplies fell for a second week, suggesting high…

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Stocks Tumble on U.S. Debt Outlook but Off Early Lows – Wall street

Posted on: April 19th, 2011 and is filed under Market News.

Already frightened by fears about Europe’s debt crisis and China’s latest tightening, financial markets got really spooked Monday morning when Standard & Poor’s cut its outlook on America’s AAA debt rating to negative from stable. The idea America could lose …

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