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Rs 70,000-crore infra projects get financial closure in three months

Posted on: May 28th 2009 in Stock News.

Power projects by GMR in Orissa and R-Power in UP join the list.Despite the economic slowdown and cash crunch in the global markets, nine infrastructure projects worth over Rs 70,000 crore have achieved financial closure in the last three months. Domestic banks and financial institutions …

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Buy infra, power, metals stocks on dip: A Deshmukh

Posted on: May 27th 2009 in Stock Views.

Akshata Deshmukh, Research Analyst, Asian Markets Securities is of the view that one should buy infrastructure, power and the metals stocks on dip. Deshmukh told CNBC-TV18, “The midcaps are clearly the favour of the season and the way the midcaps have rallied in the recent past and…

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