Tata Steel board has approved FPO of 5.7 crore shares. It will raise Rs 3700 crore at CMP. The promoter holding will come down by 2%, reports CNBC-TV18. It touched an intraday high of Rs 650 and an intraday low of Rs 639.30. At 09:18 hrs the share was quoting at Rs 640.25, down Rs 6.30, or 0.97% on the NSE.
India's industrial output growth probably slowed to 6.6% in November from a year earlier, a median forecast in a Reuters poll showed, as price rises began to bite in Asia's third-largest economy, which is growing at almost 9%.
Nasdaq-listed iGate today made an open offer to acquire another 20.6% in Patni Computer Systems. iGate will be paying Rs 503.5 per share.
The Indian rupee opened at 45.06 per dollar versus 45.16 yesterday.
The benchmark Nifty bounced back sharply in early trade today led by buying in financial, metal, telecom, realty, technology and select infrastructure companies' shares. Index was hovering around 5800 level amid a bit of volatility.
Banking and paints sectors will be receiving astrological support, says Satish Gupta of astrostocktips.
The unique identity (UID) numbers being issued with much fanfare have no legal sanctity. This may surprise many who casually know about the UID scheme and believe it represents a progressive and transparent new India.
Money Market Operations as on January 11, 2011
Havells India incorporated on dated December 31, 1983. Today Moon is transiting over the 5th house from the natal moon and other planetary combinations are indicating some upside in coming days.
According to a report by Angel Broking, if Nifty trades below 5765 levels for the first half-an-hour of trade then it may correct up to 5687-5621 levels.
As per financial astrology Gold likely to see real action today in electronic trading, says Ajay Jain of astromoneyguru.
The coming session is likely to witness a range of 5840 on advances. Support is likely at the 5665. The wide range is due to the unusually high base effect of Tuesday's range.
I like SBI and ICICI Bank. Infosys results are likely to be inline but it's priced in, says Deven Choksey of KR Choksey Securities.
A judge on Tuesday ordered Michael Jackson's doctor to stand trial on a charge of involuntary manslaughter in the pop star's death.
The Nikkei stock average is expected to rise on Wednesday, helped by gains in US stocks and a slightly weaker yen, and it may mark fresh eight-month highs as investors continue to add Japanese stocks to their portfolios.
For chef Chad Robertson bread is more than just flour, salt and water. It is a staple of life that has played a role in civilizations.
A homeless former radio announcer who became a YouTube sensation for his 'golden voice' has been questioned by police after a disturbance at his Hollywood hotel.
Substitute Carlton Cole gave West Ham United a slight advantage in their League Cup semi-final against Birmingham City, scoring the winner with the help of a Ben Foster goalkeeping error in a 2-1 first-leg win on Tuesday.
Gold prices rose for a second day on Tuesday as deepening worries over the severity of the European debt crisis prompted safe-haven buying.
Energy shares helped the Dow and S&P 500 end a three-day losing streak on Tuesday, even as investors worried rising fuel costs will undercut economic growth.
A sharp rise in input costs and real wages, coupled with rising interest rates, pose risk to earnings of domestic cyclicals. The bias is on the downside for banks, says H Nemkumar of IIFL.
Bankers, worried over the lukewarm pace of deposit growth, have expressed concerns over the effect of sharp rate increases on credit growth at a meeting with the Reserve Bank on Tuesday.
Jyothy Labs | Allahabad Bank | Tata Communications | Shoppers Stop | Apollo Tyres | Talwalkar Fitness | IL&FS Network | Ramky Infra | Zee Entertainment | Valecha Engg | Prajay Engg | Pfizer and Tata Steel are stocks, which are in the news today.
The predictions that you see every day on the website are written one week in advance. Ganesha advises you to take benefits from them.
Young people crave boosts to their self-esteem more than sex and money, according to a new study.