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It has been a weak session for the market with Nifty struggling close to 5600 levels pulled lower by rate sensitives and commodity stocks. The market has stabilised a bit after losing over 100 points in the morning trade. The breadth of the market has also improved in the afternoon trade. BSE Midcap index is also up 1 percent.
Fiscal deficit for April-February stood at Rs 5.07 lakh crore, or 97.4 percent of the target for the current financial year. Finance Minister P Chidambaram had set a target for fiscal deficit for FY13 at 5.3 percent of GDP, and said in the Budget that the goal would be achieved.
Gitanjali Gems has decided to defer issue of FCCB.
The 11-person IBM team, hailing from nine countries, was the 19th group since 2009 to provide assistance to India as part of IBM's Corporate Service Corps.
Jindal Steel & Power at its meeting held on March 26, 2013, has appointed Shri Sushil Maroo, Director as Deputy Managing Director of the company with effect from April 01, 2013.
Uttam Galva Steels has informed that with respect to the issue of equity shares of face value of Rs 10 each in the Company to QIBs under Qualified Institutions Placement, the QIP Issue Committee of the Board of Directors of the Company at its meeting held on March 26, 2013, has decided to close the issue on March 26, 2013.
Aeonian Investments at its meeting held on March 26, 2013, has resolved to call an Extra Ordinary General Body Meeting of the shareholders on April 29, 2013, to approve the voluntarily winding up and appoint the Liquidator of the Company.
S R K Industries at its meeting held on March 22, 2013, has considered and approved allotment of 3,88,50,000 equity shares of Rs 10 each at par to the shareholders of Transcend Commerce in the ratio of 222 shares of SRK Industries for every 100 shares held in Transcend Commerce.
Hindustan Sanforisers at its board meeting held on March 18, 2013 has considered about the forfeiture of shares of those shareholders who had not yet paid their outstanding allotment money.
Envair Electrodyne at its meeting held on March 20, 2013, has approved the resolution for Sale of part of Land & Building.
Day seven of the downloads4u March Madness sale is here, and that brings us new games at discounts. Todays headlining game is the drift-based racing...
One can buy Wipro, says Sudarshan Sukhani of s2analytics.com.
Sudarshan Sukhani of s2analytics.com is of the view that IFCI may slip to Rs 23.
India‘s fourth-largest information technology services company HCL Technologies gained 3 percent after media reports indicated that the company has bagged a multi-year infrastructure management services contract from US-based automaker Ford Motor Company.
IDBI Bank has informed that consequent upon relinquishing the charge from the office of Secretary, Department of Industrial Policy and Promotion, Ministry of Commerce and Industry, GoI, Shri Pradeep Kumar Chaudhery, has, vide letter dated March 20, 2013, tendered his resignation from the Board of IDBI Bank. with immediate effect.
Sanjay Dutt, who has been ordered by the Supreme Court to return to jail to complete a five year sentence in the 1993 Mumbai blasts case, today said he has not sought any pardon and will surrender in time.
Clariant Chemicals (India) at its meeting held on March 26, 2013, approved the proposal for sale of the businesses of textile chemicals, paper specialties and emulsion together with assets currently dedicated to the respective business of the Company, subject to the approval of the shareholders, at a consideration of Rs 209.15 crore.
Vegepro Foods & Feeds at its meeting held on March 26, 2013, has considered and approved appointment of Mr. Shyam Sunder Sharma, Additional Director, as Chairman and Mg. Director of the Company for a period of five years with effect from March 26, 2013 subject to approval of members in the ensuing General Meeting.
The FIIs investment in the shares of Mahindra Lifespace Developers has reached to 28.18% of the paid up equity capital as on March 22, 2013.
Brocade Fabric Vision technology is a collection of breakthrough features and tools that enhance the company’s purpose-built, datacentre-proven Gen 5 Fibre Channel portfolio.
At 11:36 hrs MCX GOLD June contract was trading at Rs 30136 down Rs 60, or 0.20%. The GOLD rate touched an intraday high of Rs 30160 and an intraday low of Rs 30127. So far 1020 contracts have been traded. GOLD prices have moved down Rs 2058, or 6.39% in the June series so far.
At 11:39 hrs MCX SILVER July contract was trading at Rs 55055 down Rs 133, or 0.24%. The SILVER rate touched an intraday high of Rs 55136 and an intraday low of Rs 55030. So far 225 contracts have been traded. SILVER prices have moved down Rs 9955, or 15.31% in the July series so far.
Jamna Auto Industries at its meeting held on March 26, 2013, has accepted the proposal of NHK Springs Co., Ltd, Japan to purchase Company's 5.39% stake in JV Company i.e., NHK Springs India Ltd. at a consideration of Rs 25.50 crore.
When you are young, independent and earning well enough, you feel invincible. There is a whole lot of time to think about the future, marriage, kids, house or retirement.
Brokerage house Credit Suisse expects FY14 to be a challenging year for Hindustan Unilever, as it could face headwinds in the form of slowing revenue growth, decrease in other income and increases in royalty and tax rates
