bourses

MCX-SX aims to start trading with 1,200 stocks


September 13th, 2012 - 10:08 pm ICT by IANS
Kolkata, Sep 13 (IANS) MCX Stock Exchange (MCX-SX), the new entrant to the stock market trading, aims to begin trading with about 1,000 stocks to 1,200 stocks when it starts ... Read more...

Posted in Business |

Sahara firm bypassed norms to raise funds, SC told


June 12th, 2012 - 9:23 pm ICT by IANS
New Delhi, June 12 (IANS) The SEBI Tuesday told the Supreme Court that the real estate arm of the Sahara group of companies had no right to mobilise Rs.27,000 crore ... Read more...

Posted in Business |

Sahara firm bypassed norms to raise funds, SC told


June 12th, 2012 - 9:23 pm ICT by IANS
New Delhi, June 12 (IANS) The SEBI Tuesday told the Supreme Court that the real estate arm of the Sahara group of companies had no right to mobilise Rs.27,000 crore ... Read more...

Posted in Business |

Samajwadi Party slams UPA over price rise


May 18th, 2012 - 12:56 pm ICT by IANS
Lucknow, May 18 (IANS) The Samajwadi Party Friday attacked the Congress-led United Progressive Alliance (UPA) government for failing to control the spiralling prices of essential commodities and said the ... Read more...

Posted in Politics |

BJP raises concern over depreciating rupee


May 16th, 2012 - 8:08 pm ICT by IANS
New Delhi, May 16 (IANS) Bharatiya Janata Party (BJP) leader Murli Manohar Joshi Wednesday raised concerns over the depreciating value of the rupee against the dollar and questioned if ... Read more...

Posted in Politics |

Markets quiet before monetary policy announcement


March 15th, 2012 - 12:34 pm ICT by IANS
Mumbai, March 15 (IANS) Indian equities markets were trading quiet Thursday with investors eyeing the Reserve Bank of India's monetary policy decision due at 11 a.m. A benchmark index ... Read more...

Posted in Business |

Sensex closes flat in special session


March 3rd, 2012 - 6:26 pm ICT by IANS
Mumbai, March 3 (IANS) Indian equities markets which opened Saturday for a special 90- minute trading session closed on a flat note. State-run firms were among the major gainers, ... Read more...

Posted in Business |

SpiceJet shares rise 4.11 percent as Maran raises stake


March 3rd, 2012 - 6:02 pm ICT by IANS
Mumbai, March 3 (IANS) Shares of budget carrier SpiceJet Saturday closed 4.11 percent up after it became known that promoter Kalanithi Maran would infuse Rs.100 crore into the airline in ... Read more...

Posted in Business |

EGoM fails to decide on ONGC, BHEL stake sales


February 15th, 2012 - 5:44 pm ICT by IANS
New Delhi, Feb 15 (IANS) The government stumbled in its effort to meet the target of raising Rs.40,000 crore through stake sale in state-owned firms this fiscal as an ... Read more...

Posted in Business |

Sensex continues to be listless in noon (Lead)


January 4th, 2012 - 2:10 pm ICT by IANS
Mumbai, Jan 4 (IANS) Indian equities markets continued to trade in a tight range Wednesday noon with traders booking some profits and taking a breather after the rally in ... Read more...

Posted in Uncategorized |

Tata Group scrips lacklustre a day after after Mistry appointment


November 24th, 2011 - 2:34 pm ICT by IANS
Mumbai, Nov 24 (IANS) A day after the Tata Group chose Cyrus Mistry as the successor to Ratan Tata, the markets reacted tepidly to the news and the conglomerate's scrips ... Read more...

Posted in Business |

Low loan offtake affecting infrastructure, says IDFC


November 23rd, 2011 - 9:08 pm ICT by IANS
Chennai, Nov 23 (IANS) The general economic slowdown is affecting infrastructure projects with loan offtake by borrowers coming down, an official of the Infrastructure Development Finance Company Ltd (IDFC) said ... Read more...

Posted in Business |

China to launch three new stock indices


October 16th, 2011 - 6:07 pm ICT by IANS
Shanghai, Oct 16 (IANS) Three new stock indices, including two based on specific industries and one meant as a sub-index of the CSI 500 Index, are slated to be launched ... Read more...

Posted in Business |

BGR Energy lowest bidder for NTPC’s mega tender


September 15th, 2011 - 7:58 pm ICT by IANS
Chennai, Sep 15 (IANS) Chennai-based engineering-procurement-construction (EPC) contractor BGR Energy Systems Ltd. Thursday announced that it is the lowest bidder in state-run NTPC Ltd's bulk tender for supplying steam turbine ... Read more...

Posted in Business |

Indian markets expected to catch up to global rally Friday


September 1st, 2011 - 1:27 pm ICT by IANS
Mumbai, Sep 1 (IANS) Indian equities markets, which remained closed Thursday for the second day running, are Friday expected to play catch up to the rally witnessed in bourses ... Read more...

Posted in Business |

Overseas funds turn bearish, pull out $2.48 bn in August


August 28th, 2011 - 3:39 pm ICT by IANS
Mumbai, Aug 28 (IANS) Foreign institutional investors (FIIs) turned bearish at Indian equities markets in the week ended Friday as global economic turmoil weighed on sentiments and a stand-off ... Read more...

Posted in Business |

Sensex recovers a bit, but closes 291 points down (Third Lead)


August 8th, 2011 - 5:31 pm ICT by IANS
Mumbai, Aug 8 (IANS) A benchmark for the Indian equities markets Monday closed 291 points lower as bourses remained jittery over the US sovereign debt rating downgrade.The 30-scrip sensitive index ... Read more...

Posted in Business |

Telecom stocks soar after Airtel hikes tariff


July 25th, 2011 - 8:16 pm ICT by IANS
New Delhi, July 25 (IANS) Led by Anil Ambani controlled Reliance Communication, telecom stocks soared Monday from expectations that these companies would hike tariffs after Bharti Airtel raised call rates ... Read more...

Posted in Sci-Tech |

Toronto exchange rejects rival bid, wants merger with London


May 21st, 2011 - 11:38 am ICT by IANS
Toronto, May 21 (IANS) With its merger with the London Stock Exchange still awaiting nod from the Canadian government, the Toronto Stock Exchange Friday rejected a rival bid by a ... Read more...

Posted in Business |

Toronto-London bourse merger iffy after rival offer


May 16th, 2011 - 12:37 pm ICT by IANS
Toronto, May 16 (IANS) The proposed merger of the Toronto Stock Exchange with the London Stock Exchange may be in trouble as a Canadian group has made a rival offer ... Read more...

Posted in Business |

CEOs favour merger of Toronto, London bourses


April 4th, 2011 - 11:01 am ICT by IANS
Toronto, April 4 (IANS) Amid the continuing uncertainty over the proposed merger of the Toronto Stock Exchange with the London Stock Exchange, a majority of CEOs here say they ... Read more...

Posted in Business |

Reliance Infra net profit rises 10 percent


February 14th, 2011 - 5:14 pm ICT by IANS
New Delhi, Feb 14 (IANS) Reliance Infra Monday reported a 10 percent increase in net profit at Rs.405 crore ($91 million) for the quarter ended Dec 31 and said its operating income ... Read more...

Posted in Business |

Reliance Power total income doubles in third quarter


February 14th, 2011 - 3:14 pm ICT by IANS
New Delhi, Feb 14 (IANS) Reliance Power Monday reported a 98 percent increase in total income at Rs.355.13 crore ($79.3 million) for the quarter ended Dec 31 and said its net profit ... Read more...

Posted in Business |

Sensex closes 129 points lower (Lead)


February 10th, 2011 - 5:21 pm ICT by IANS
Mumbai, Feb 10 (IANS) A benchmark index for Indian equities markets Thursday closed 129 points lower, as traders continued to sell in the wake of fears of another interest rate hike ... Read more...

Posted in Business |

Goldman Sachs warns against investing in India, China


January 18th, 2011 - 9:46 pm ICT by IANS
London, Jan 18 (IANS) Goldman Sachs, the US investment banking giant, has issued a short-term alert over investing in India and China due to the impact of rising inflation, advising clients to ... Read more...

Posted in Business |

Charge muted but bull run continued at Indian stock markets (2010 in Retrospect)


December 31st, 2010 - 6:55 pm ICT by IANS
By Arvind Padmanabhan and James Jose New Delhi, Dec 31 (IANS) In a tumultuous year for Indian equities, a key index finished 2010 on a positive note with a gain of nearly ... Read more...

Posted in Business |

State Bank of India hikes deposit rates up to 150 basis points


December 6th, 2010 - 7:44 pm ICT by IANS
Mumbai, Dec 6 (IANS) India's largest lender, the government-run State Bank of India (SBI) Monday hiked its deposit rates by up to 150 basis points, in a move that should encourage ... Read more...

Posted in Business |

Nirma shareholders vote for delisting


November 22nd, 2010 - 3:56 pm ICT by IANS
Mumbai, Nov 22 (IANS) Shareholders of detergent manufacturer Nirma Monday voted for delisting the company from the stock exchanges.As many as 99.8 percent of the valid votes were in favour of delisting, ... Read more...

Posted in Business |

Employees quota in Coal India IPO will remain unsubscribed


October 18th, 2010 - 7:15 pm ICT by IANS
Kolkata, Oct 18 (IANS) Coal India Limited (CIL) sees the reserved employees quota of one percent of the total initial public offering (IPO) of 10 percent that opened Monday would remain mostly ... Read more...

Posted in Business |

Sensex trades firm after early loss (Lead)


September 24th, 2010 - 3:14 pm ICT by IANS
Mumbai, Sep 24 (IANS) A benchmark index of the Indian equities rose 107 points in afternoon trade Friday on renewed buying across the board. The 30-share sensitive index (Sensex) of the Bombay ... Read more...

Posted in Business |

Sensex momentum continues, heavyweights soar


September 20th, 2010 - 2:21 pm ICT by IANS
Mumbai, Sep 20 (IANS) A benchmark index for Indian equities continued with its bull run Monday, finding key support from heavyweight stocks like Reliance Industries, ITC and Bharti Airtel. The 30-scrip ... Read more...

Posted in Business |

Vedanta companies tumble at bourses after mining ban


August 24th, 2010 - 8:08 pm ICT by IANS
Mumbai, Aug 24 (IANS) Scrips of the Indian subsidiaries of Vedanta dipped sharply at the Bombay and London Stock Exchanges Tuesday after the Environment and Forest Ministry rejected stage II forest nod ... Read more...

Posted in Business |

Lack of independent directors in PSEs a hurdle: Sumit Bose


July 2nd, 2010 - 6:09 pm ICT by IANS
Kolkata, July 2 (IANS) Lack of enough independent directors in the boards of public sector enterprises (PSE) is a hindrance in listing those in the bourses, Disinvestment Secretary Sumit Bose said here ... Read more...

Posted in Business |

Mukesh Ambani group tops in market cap, Anil’s logs sharpest growth


July 1st, 2010 - 8:30 pm ICT by IANS
Mumbai, July 1 (IANS) The Mukesh Ambani-led Reliance Industries group has emerged as India's largest private business house by market capitalisation as on June 30 though his younger brother Anil's empire registered ... Read more...

Posted in Business |

Sensex ends 191 points lower


July 1st, 2010 - 7:11 pm ICT by IANS
Mumbai, July 1 (IANS) A key index for Indian equities Thursday closed 191 points lower, tracking bourses across the world, as weak industrial data from China sparked off concern about the ... Read more...

Posted in Business |

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