Private biz jets in DGCA sights
Apr 01, 2014 at 22:36 | Source:
The Directorate General of Civil Aviation ( DGCA) has stepped up the audit of private business jet companies keen to fly abroad.According to sources, the audit has been fasttracked so that the issue of meeting international norms by these companies ...
Banks, realty, capital goods stocks plunge on RBI status quo
Apr 01, 2014 at 14:16 | Source:
NEW DELHI: Shares in rate sensitive sectors such as banks, realty, capital goods plunged in trade on Tuesday, after the Reserve Bank of India kept the policy rates unchanged. In line with economists and market expectations, RBI Governor Raghuram Raja...
Banks, realty, capital goods stocks don't react much on RBI status quo
Apr 01, 2014 at 12:46 | Source:
NEW DELHI: Shares in rate sensitive sectors such as banks, realty , capital goods slipped in line with benchmark indices on Tuesday, after the Reserve Bank of India kept the policy rates unchanged. In line with economists and market expectations, RB...
Pre-market: Nifty seen opening flat; may retest 6050 levels
Feb 11, 2014 at 08:16 | Source:
NEW DELHI: The 50-share Nifty index is expected to open flat on Tuesday following muted trend seen in other Asian markets. Tracking the momentum, the index is expected to retest its crucial psychological level of 6050 in trade today. At 07:30 a.m., ...
Sensex closes below 21000, down 252 points; banks, FMCG drag
Jan 02, 2014 at 20:02 | Source:
After consolidating for the past seven sessions, the market has seen sharp breakout on the lower side on Thursday with the equity benchmarks sliding more than a percent in last hour of trade. However, it was up nearly a percent in morning session. T...
2G scam: ED close to filing charges against Unitech, A Raja, Balwa
Jan 02, 2014 at 17:23 | Source:
The Enforcement Directorate is close to filing charges against Shahid Balwa of DB Realty, telecom major Unitech and former telecom minister A Raja in the 2G scam case, CNBC-TV18 reported today.According to the ED, these companies were responsible for...
Mumbai realty stocks rally up to 14% as ready reckoner rates go up by 20%
Jan 02, 2014 at 06:17 | Source:
MUMBAI: Shares of Mumbai-based realty developers rallied in lackluster trade today after the Maharashtra government hiked ready reckoner rates by up to 20% in the city. The revision in ready reckoner rates will be applicable from January 1, 2014, sa...
Sensex ends flat on 1st day of 2014; midcap, smallcap shine
Jan 01, 2014 at 19:47 | Source:
The first day of 2014 was completely listless for the market as institutional investors and big traders were away from the market after late night partying for new year celebration. After trading in a very tight range of 60-70 points, the Sensex clo...
Sensex closes flat on Tuesday, but gains 9% in 2013
Dec 31, 2013 at 19:27 | Source:
The market closed the last session of 2013 on a flat note amid thin volumes with the Nifty holding the 6300 level on Tuesday. The Sensex rose 27.67 points today to close at 21,170.68, and the Nifty climbed 12.90 points to 6,304, but the broader mark...
Sensex up over 200 pts ahead of GDP data, rupee strong
Nov 29, 2013 at 11:53 | Source:
The market is on a roar pocketing over 200-points gains in early morning trade. The Sensex is up 240.35 points or 1.17 percent at 20775.26, and the Nifty is up 75.65 points or 1.24 percent at 6167.50Neelkanth Mishra of Credit Suisse expects another 4...
Listed players on shaky foundations
Nov 28, 2013 at 03:37 | Source:
The Hindu BusinessLine
The real estate sector saw phenomenal growth in the last two decades, as the market went from primarily Government-sponsored housing to large private townships. The housing boom enabled rapid growth for many developers that led to a spate of high pr...
Does Express Towers deal have a Pawar link?
Nov 22, 2013 at 14:24 | Source:
Nationalist Congress Party chief Sharad Pawar's daughter Supriya Sule has increased her stake in Pune-based Panchshil Realty'ssubsidiary to 9.09 percent, a report in The Economic Times said today.Panchshil Realty was recently reported to have evinced...
Stock strategy: What is Rakesh Jhunjhunwala really up to?
Oct 24, 2013 at 11:14 | Source:
He has been called India's Warren Buffett, but Rakesh Jhunjhunwala has written his own rules of investing which do not always involve going by the Buffett rule-book.In recent times, he has woven in and out of stocks that caught his fancy, and he has ...
Sensex flat; Bank Nifty at 1-month high, Asian Paints up 7%
Oct 23, 2013 at 08:32 | Source:
4:00 pm FII view: Julie Dickson, Ashmore Investment Management believes now is a great time to invest in emerging markets. According to her, EMs like India, China, Brazil have already taken a huge hit this year and so, now there is fantastic opportu...
Sensex ends 88 points higher; Tata Power, L&T, Bharti up 2-3%
Oct 08, 2013 at 20:27 | Source:
3:45 pm Market closing: The Sensex ended with a gain of 88 points after a volatile session. The Sensex closed at 19983.61 while the Nifty was up 22.25 points to close at 5928.40. About 1257 shares have advanced, 1126 shares declined, and 147 shares ...
Over 30 distressed power projects on block, big companies uninterested
Oct 05, 2013 at 05:22 | Source:
NEW DELHI: It is a mega discount sale for the festive season. On offer are large power projects at various stages of construction with a combined capacity of 35,000-50,000 megawatts. Entrepreneurs who rushed in to build power stations five years ago...
Making money is the one-point agenda of the Shiv Sena: Prithviraj Chavan
Sep 14, 2013 at 09:22 | Source:
When he was shifted by Congress president Sonia Gandhi from New Delhi to Mumbai almost three years ago, chief minister Prithviraj Chavan, 67, had little clue about running a large state like Maharashtra. But he has flummoxed detractors within his own...
BSE revises circuit limits of over 460 scrips
Sep 06, 2013 at 16:05 | Source:
Mumbai: Leading stock exchange BSE has revised circuit limits for shares of 463 companies, including United Breweries Holdings, Reliance MediaWorks, Kingfisher Airlines and DB Realty, as part of surveillance action. The revised circuit limits, which ...
2G: Supreme Court rejects pleas for recalling its orders
Sep 04, 2013 at 01:57 | Source:
The Hindu BusinessLine
The Supreme Court today rejected the pleas of the accused in the 2G spectrum case seeking recall of its two orders barring the High Court from hearing the matters arising out of the scam. A bench comprising G. S. Singhvi and K. S. Radhakrishnan said...
Apex court refuses to exempt Karunanidhi’s wife as witness in 2G case
Aug 22, 2013 at 19:17 | Source:
The Hindu BusinessLine
The Supreme Court today refused to exempt DMK chief M. Karunanidhi’s wife Dayalu Ammal from deposing as a witness in the 2G scam case but exempted her from personal appearance in the trial court and directed that she be examined by a commissio...