latest news

SAIL follow-on issue to hit market in Feb

Steel Authority of India's follow-on public offering (FPO) will hit the market next month, the Disinvestment Secretary, Mr Sumit Bose, has said.

Reliance Infra promoters to hike stake to 48%; stock rises

Reliance Infrastructure promoters are going to hike stake to 48% by converting warrants issued to them in July 09, reports The Economic Times. It touched an intraday high of Rs 870.40 and an intraday low of Rs 862.10. At 09:39 hrs the share was quoting at Rs 869.50, up Rs 10, or 1.16%.

Godrej Consumer makes smart gains

Godrej Consumer Products touched an intraday high of Rs 402.80 and an intraday low of Rs 397. At 09:34 hrs the share was quoting at Rs 401, up Rs 6.85, or 1.74%.

CES 2011: Korean company iStation Launches New Tablet

The Zood is quite a funny name to give a product, but this tablet does have seemingly big capabilities.

Expensive real estate markets due for correction

Expensive real estate markets are due for a correction but prudent investors will find plenty of opportunities in premium and redevelopment projects.

Wine: Gettting high

An investment in fine wine could roll in the good times in more ways than one.

Bihar’s growth fine print

India’s poorest state has been posting impressive GDP growth. But the figures may need sharper scrutiny

Growth prospects to drive medical beauty M&A: IMCAS

Mergers and acquisitions in the medical beauty sector will pick up as more people, mainly women, aspire to keep youthful looks, said the scientific director of IMCAS, a group of plastic surgeons and dermatologists.

Australia floods cause months, possibly years, of damage

Australia's flood-stricken coal industry may face months of disruptions as reports emerge of key rail and road links being washed away, while some infrastructure may take years to repair, authorities said on Friday.

Rupee to drop early tracking weak euro

The rupee is expected to open marginally weaker on Friday tracking sharp losses in the euro, but trading should be largely rangebound ahead of US non-farm payrolls data due at 1230 GMT.

Narain Karhikeyan returns to Formula 1

Narain Karthikeyan, Indias first Formula 1 driver has secured a race seat with Hispania Racing Team for the 2011 F1 season. Indian Motorsport fans have a reason to cheer and will be looking forward to see the fastest Indian on the grid of the inaugural Indian Grand Prix in New Delhi.

Jackson doctor kept mum about propofol at hospital

Two hospital physicians testified on Thursday that Michael Jackson's doctor never admitted to giving him the powerful anesthetic propofol after the singer arrived at their emergency room in cardiac arrest.

Tata Elxsi signs MoU with Squared Ent; stock up

Tata Elxsi has signed MoU with Squared Ent for a New Children's Entertainment Global Joint Venture, reports CNBC-TV18. It touched an intraday high of Rs 306 and an intraday low of Rs 302.10. At 09:17 hrs the share was quoting at Rs 305.70, up Rs 4.85, or 1.61% on the NSE.

Nifty volatile; HDFC Bank, L&T, BHEL, SBI, Hero Honda dip

The benchmark Nifty started the session on a flat note on lack of global cues. The index was quite volatile in trade and was near to its previous closing value.

Salesforce.com acquires Web Company Dimdim for $31 mn

World's leading customer relationship management (CRM) software maker Salesforce.com has acquired Dimdim, Inc, a US and India based web conferencing company.

Rupee opens at 45.38 per dollar

The Indian rupee opened at 45.38 per dollar versus 45.24 yesterday.

Money Market Operations as on January 06, 2011

Money Market Operations as on January 06, 2011

Orient Paper looks positive: Astromoneyguru

As per astro economics today, today real state, fertilizer, railways stocks should be kept under observations.

Nifty may slip to 6008-5968: Angel Broking

According to a report by Angel Broking, if Nifty trades below 6062 levels for the first half-an-hour of trade then it may correct up to 6008-5968 levels.

Telecom, pharma to outperform: Astrostocktips

Telecom and pharma sectors will be receiving astrological support, says Satish Gupta of astrostocktips.

Nifty Puts add 28.4 lakh shares in Open Interest

Nifty Open Interest PCR was down at 1.25 versus 1.31. Nifty Puts added 28.4 lakh shares in OI while Nifty Calls added 46.5 lakh shares in OI.

News Roundup: Avigo to sell 40% stake in Spykar

American fund house KKR is likely to start an India focused USD 1.5 bn fund to invest across listed and unlisted Indian companies. The fund would focus mainly on energy, power, infrastructure, auto components, brokerage houses and capital market infrastructure institution.

Stocks in news: PFC, Unitech, Rel Infra, Hind Copper

Tulsi Extrusion | Balaji Distilleries | Tata Elxsi | Nagarjuna Construction | Atul Auto | Advanta | Tata Steel | Wanbury | PFC | GMDC | Unitech | Eicher Motors and Hindustan Copper are stocks, which are in the news today.

Ganeshaspeaks: Market prediction for Jan 07

Overall January-2011 doesn't seen to be very good. Just so-so, ganesha doesn't see the posibility of any major gain.