California governor declares fiscal emergency
California Governor Jerry Brown declared a state of fiscal emergency on Thursday for the government of the most populous US state to press lawmakers to tackle its USD 25.4 billion budget gap.
Raising the bar
Wine sales have risen 217% in 2010 over sales in 2009
Saude, Goa: Fifty years of Independence
Fifty years after its liberation from Portuguese rule, this tiny tourist state is rethinking its future again
Indian outsourcing has a house call
Indian outsourcing firms serving the US mortgage market suffered much in the crisis. Now they have found a comeback opportunity
Aditya Birla Group to buy US Company for $900 mn
The Aditya Birla Group is set to acquire US carbon black manufacturer Columbian Chemicals in a deal that could close as early as next week.
Pam Glatt Pharma sells 1.43 cr shares of Shree Ashtavinayak
On January 20, 2011 Pam Glatt Pharma Technologies Pvt Ltd sold 14,325,000 shares of Shree Ashtavinayak Cine Vision at Rs 6.70 on the NSE.
Ibc Knoledge Park buys 5.4 Lk shares of Mcnally Bh Engg
On January 20, 2011 Ibc Knoledge Park Private Limited bought 355,000 shares of at Rs 223.62 on the NSE and bought 187,000 shares at Rs 223.25 on the BSE. Yesterday the share closed at Rs 225.
Lotus Global sells 72.25 lakh shares of Assam Company
On January 20, 2011 Lotus Global Investments Ltd sold 7,225,000 shares of at Rs 18.95 on the NSE. However, Siriyari Tradecom Private Limited bought 7,225,000 shares at Rs 18.95 on the NSE. Yesterday the share closed at Rs 18.85.
Direct Investment sells 19.45 Lk shares of YES BANK
On January 20, 2011 Direct Investment Limited sold 1,945,000 shares of YES BANK at Rs 273.90 on the NSE. Yesterday the share closed at Rs 273.50.
Nifty choppy, awaits RIL, BHEL, ITC nos; Wipro dips
The benchmark Nifty retreated on Friday and shaved off yesteday's gains amid extreme volatility. The index was trying to hold 5700 level and the Sensex too with 19000-mark.
Wipro dips 3.7% post Dec qtr numbers
Wipro has reported Dec qtr net profit at Rs 1,319 crore as against Rs 1,276 crore, a growth of 3.4% on quarter-on-quarter basis (QoQ), reports CNBC-TV18. It touched an intraday high of Rs 466 and an intraday low of Rs 456.55. At 09:17 hrs the share was quoting at Rs 459.80, down Rs 17.70, or 3.71% on the NSE.
BPCL looks weak: Astromoneyguru
As per stars oil marketing companies may show weakness in stock market, says Ajay Jain of astromoneyguru.
Financials, telecom to outperform: Astrostocktips
Financial and telecom sectors will be receiving astrological support, says Satish Gupta of astrostocktips,
Rupee opens at 45.62 per dollar
The Indian rupee opened at 45.62 per dollar versus 45.53 yesterday.
Money Market Operations as on January 20, 2011
Money Market Operations as on January 20, 2011
Support for Nifty seen 5600: JM Financial
The weakness in the IT sector is a big concern for the bulls as in the past this is the segment that has bailed them out whenever the market was at support levels, says Gautam Shah of JM Financial.
Heavily underweight on India: GMO
At this point in time, we are heavily underweight both India and China in our emerging markets strategy, says Arjun Divecha of GMO.
China trader signs 2011 Iran crude deal, vol steady
Chinese state oil trader Zhuhai Zhenrong Corp has agreed with National Iranian Oil Company to buy 240,000 barrels per day of Iranian crude for 2011, the same amount as last year, a source with direct knowledge of the deal said.
Authorities right to probe Lloyds, RBS split
The head of Britain's Office of Fair Trading (OFT) put new pressure on bailed-out banks Lloyds and Royal Bank of Scotland on Thursday, saying authorities were right to examine splitting them up.
Over a million immigrants land US jobs in 2008-10
Over the past two years, as US unemployment remained near double-digit levels and the economy shed jobs in the wake of the financial crisis, over a million foreign-born arrivals to America found work, many illegally.
Global 2010 recorded music sales fall about 9%
Global recorded music sales fell around 9% last year as rampant piracy cut into major markets, threatening jobs, investment and the discovery of new artists, the industry's trade body said on Thursday.
US TV host helps launch weight-loss plan for dogs
Alison Sweeney, the host of the popular television weight-loss reality show "The Biggest Loser," is using her experience in humans to focus on the problem in dogs with a new diet plan for canines.
News Corp raises prospect of Sky News spin-off
News Corp has told Britain it might separate Sky News from BSkyB to avoid a lengthy review of its move to take full control of the satellite broadcaster, the Financial Times reported.
Higher oil price empowers Iran, blunts sanctions
Oil's ascent towards USD 100 a barrel, which OPEC blames on western financial speculators, has handed Iran a windfall to help contain domestic discontent and take the sting out of sanctions designed to squeeze its economy.
Boeing to cut 1,100 workers on C-17 program
Boeing Co said on Thursday it would lay off 1,100 workers who make the company's C-17 cargo plane, as it scales down assembly rates to extend the life of the production line.
