Sensex@21,919: Five reasons why market's making new highs
Mar 07, 2014 at 16:21 | Source:
Indian stock market's benchmark index, that is Sensex, today made two records. It hit an all-time intraday high of 21,960.89 and then went on to make life closing high of 21,919.79. The 30-stock Sensex closed the day at 21,919.79; up 405.92 points, o...
US admits its ready to do business with Modi
Mar 07, 2014 at 15:11 | Source:
New Delhi: The United States would welcome Bharatiya Janata Party's (BJP) prime ministerial candidate Narendra Modi if he wins the upcoming election, a US official said, in the clearest sign that Washington will drop the travel ban on Modi, imposed a...
Mamata open to working with Jaya, Maya but not with Modi
Mar 06, 2014 at 22:55 | Source:
Kolkata: Trinamool Congress supremo Mamata Banerjee today indicated that she was open to working with AIADMK chief Jayalalithaa or BSP leader Mayawati in the post poll scenario, but dismissed any possibility of supporting a Narendra Modi-led governme...
Indian EVMs most efficient, tamper-proof machines: Former EC chief
Mar 06, 2014 at 11:50 | Source:
New Delhi: The successful deployment of electronic voting machines (EVMs) in Indian elections is the "envy" of many countries, former chief election commissioner (CEC) Navin Chawlasays."Our EVMs have been described glowingly, interesti...
Rate futures fail to shine as traders wary of taking bets in election year
Mar 06, 2014 at 07:16 | Source:
MUMBAI: Since its launch in January, trades in interest rate futures (IRFs) have failed to gain traction as traders are wary of taking definite calls in an election year, with curbs on insurers and mutual funds to participate acting as a deterrent. ...
Market is already in the middle of a pre-election rally: Neeraj Deewan
Mar 06, 2014 at 04:22 | Source:
In an chat with ET Now, Neeraj Deewan, Director, Quantum Securities, shares his views on the banking sector, Excerpts: ET Now: With the poll dates announced today how do you think the markets are expected to perform over the next two months, it is pr...
India sets date with elections; investors can deploy 50% of their money now
Mar 05, 2014 at 12:46 | Source:
NEW DELHI: After moving in a narrow range so far in the year 2014 with negative bias, the BSE Sensex finally broke into positive on Tuesday and now the next big trigger for the markets is the upcoming general elections starting April 7, besides glob...
Sensex, rupee brace for election storm: Is government prepared?
Mar 05, 2014 at 11:36 | Source:
It's official. Results to the upcoming 2014 general elections will be announced on May 16, which is a Friday, and it is likely that the markets may react sharply. The Election Commission today announced dates for general elections, which kick off Ap...
Why government readying checks to stem a likely market slide post polls
Mar 05, 2014 at 06:51 | Source:
NEW DELHI: The finance ministry and financial regulators are bracing for a May storm in the event of elections throwing up the unexpected, fearing it would rattle currency and equity markets that have strengthened significantly in anticipation of a s...
India: Launch of 'pro-corruption' party
Mar 03, 2014 at 20:51 | Source:
An independent politician is planning to contest the forthcoming general elections in India on a pro-corruption ticket, it appears. Lawyer Naresh Singh Bhadauriya has registered the Khas Aadmi Party (Khap) - or Special Man's Party - in the India...
Russia, Ukraine talk war; Sensex ends below 21K: 10 safe stocks
Mar 03, 2014 at 18:31 | Source:
NEW DELHI: The S&P BSE Sensex came under intense selling pressure in the last one hour in trade on Monday, snapping 200 points to slip below its crucial psychological level of 21,000 tracking muted trend seen in other Asian markets. Other Asian stoc...
Market watch: Why foreign investors continue to keep faith in India
Mar 03, 2014 at 13:32 | Source:
(PHOTO: Reuters) Mahesh NayakTen days ago, Per Borgvall, President CEO of Gunnebo Security Group, a worldwide leader in security products, services and solutions, was in Mumbai for its India board meeting. The Swedish company decided to invest an ad...
In UP, Khas Aadmi Party launched with membership only for corrupt
Mar 01, 2014 at 15:31 | Source:
Lakhimpur Kheri: When all the political parties are out to project themselves as honest and upright, there is one outfit which is looking for the corrupt and fraudsters to join it as members.Much to the amusement of the locals, Naresh Singh Bhadauriy...
BJP helped in Nitish Kumar's rise, it will plot his fall: Sushil Modi
Feb 25, 2014 at 09:01 | Source:
The Narendra Modi factor and anti-incumbency sentiment will help the BJP better its performance from Bihar in the Lok Sabha elections, says former deputy chief minister and senior BJP leader Sushil Kumar Modi. There is no harm in considering a new pa...
Thailand's political fork in the road: Awakening of the rural poor
Feb 23, 2014 at 12:33 | Source:
Published from New America Mediaby Andrew LamBANGKOK -- At a recent rally here denouncing the caretaker government of Yingluck Shinawatra and her Pheu Thai party, Nga Nguyen, a Vietnamese tourist, looked down from the overpass of the Asok train stati...
HCL denies report of founder Shiv Nadar seeking buyer for $10 bn stake
Feb 22, 2014 at 05:11 | Source:
MUMBAI: Shiv Nadar-led HCL Corporation, the firm that controls HCL Technologies and former PC maker HCL Infosystems, on Friday denied a Wall Street Journal report that said its promoter was seeking potential buyers for his $10-billion stake in the c...
HCL Tech surges over 4% after denial of $10-billion stake sale report
Feb 21, 2014 at 18:31 | Source:
MUMBAI: Shares of HCL Tech surged after HCL Corporation, the holding company for HCL Technologies, denied a Wall Street Journal report that said its founder Shiv Nadar was seeking potential buyers for his $10 billion stake in the company. "HCL Corpo...