Google Inc has approached several magazine publishers about creating a digital newsstand, in a move that could open a new front in the Internet company's rivalry with Apple Inc, according to a news report.
India is exploring a proposal to cap foreign direct investment in drugmakers at 49%, and make additional stakebuys subject to government approval, to head off foreign takeovers, the Mint reported on Monday.
The benchmark Nifty started the year 2011 on a positive note, led by buying in financial, auto, metal and realty stocks. Even midcaps and smallcaps followed the same trend. Asian markets were quite supportive in early trade today.
Nirmal Bang has come out with a pre-market research report. The research firm says, strong support for Nifty is seen at 6,040 and resistance at 6,250 level.
The rupee is expected to start 2011 on a stronger note tracking gains in other regional peers and firm sharemarkets, but the dollar's firmness versus major currencies is seen limiting a sharp rise.
The Indian rupee opened at 44.74 per dollar versus 44.70 Friday.
Karvy Forex Research has come out with a research report on currencies. The reasearch firm expects Indian rupee to open on a depreciating note.
Money Market Operations as on December 31, 2010
Apple Inc got a wake-up call on Sunday, as iPhone users complained the New Year got off to a slow start because built-in alarms on their phones failed to wake them.
2011 is likely to be grinding year with modest results, says Raamdeo Agrawal of Motilal Oswal Securities.
The cyclical bull market in equities that began in March 2009 is not over yet, in our view, says Michael Hartnett of BoAML.
This new year consumers will feel pinch of loans a little more harder as some of country’s largest lenders have hiked minimum rate of lending or the base rate effective from today.
Hero Honda sells a record 5 lakh units in December 2010. It also crossed the 5 million mark in the calendar year 2010. The total sales for Q3 in FY11 stands at 1.4 million units.
As per astro economics fertilizer, capital goods, railway, engineering and automobile stocks may develop buying interest in Indian stock market, says Ajay Jain of www.astromoneyguru.com.
According to a report by Angel Broking, if Nifty trades above 6122 during the first half-an-hour of trade then we may witness a further rally up to 6160-6185 levels.
SEL Manufacturing | Continental Petro | Ashapura Minechem | Sarda Energy | Jet Airways | Kingfisher | ICICI Bank | SBI | Kotak Mahindra Bank | Patni | Tata Motors and M&M are stocks, which are in the news today.
Traders can trade long with stop loss of 19900 on the expectation that 20659-2108-21206 levels are to be tested in due course of time and the same can be used for profit booking by the near-term traders whenever these levels are attained.
Overall January-2011 doesn't seem to be very good. Just so-so, ganesha doesn't see the posibility of any major gain.
The coming session is likely to witness a range of 6160 on advances above which the 6175 maybe seen. Support is likely at the 6100 below which the 6075 maybe tested. The bullish pivot for the session is likely at the 6135 levels and the bearish pivot at the 6115 levels.
Pakistan's Muttahida Qaumi Movement (MQM), the second largest party in the ruling coalition, will leave the governing alliance and sit in opposition at the federal level, the party said on Sunday.
Pope Benedict on Sunday condemned a bomb blast outside a church in Egypt which killed at least 21 people, the latest in a series of attacks on Christians in the Middle East and Africa.
Chinese Premier Wen Jiabao vowed again to step up efforts to keep consumer inflation in check in 2011, state media reported on Sunday.
People queued overnight outside of banks in the Bangladeshi capital of Dhaka in a desperate bid to buy highly-prized cricket World Cup tickets, which went on sale on Sunday.
From a trading point of view I would buy dips until 6050 for a target of around 5254, says Technical Analyst, Prakash Gaba.
The commercially underwhelming comedy "Little Fockers" narrowly retained its lead at the North American box office during the holiday weekend, as Hollywood's prolonged slump spilled over into the new year.