“The market may open lower if trading of S&P CNX Nifty futures on the Singapore stock exchange is of any indication. It indicates a fall of 71 points at the opening bell. The surge in crude oil may also hurt sentiment as India imports more than 70% of its oil requirement.
Posts Tagged ‘India’
Market may open lower as crude oil boils: Geojit
Posted by admin on March 3rd, 2011
Posted in Online Stock Trades 
Tags: aggravate, crude-oil, delivery-rose, facing-high, fiscal, hurt-sentiment, imports-more, India, matter, singapore, stock-exchange, the-opening 
Comments OffStocks in News: SAIL, Tata Steel, GVK…
Posted by admin on March 3rd, 2011
Following are the important business news carried by leading financial dailies on Thursday, Mar.
Posted in Online Stock Trades Tags: 500-acres, authority, economics-times, fertiliser, government, Important, India, india-at-its, liberal-terms, news-carried, steel-authority, thursday, will-develop Comments OffSBI`s Rs 200 bn rights issue likely early-next fiscal: Bhatt
Posted by admin on March 2nd, 2011
Country`s largest lender State Bank of India `s keenly awaited Rs 200 billion rights issue will only come early next financial year for want of approvals from the Government. “There is a process in the government which is a part of the Budget, but not next year`s Budget, it is this year`s Budget…since so far we have not heard about the rights issue, it seems difficult that we will be able to get the rights issue before the (end of) current financial year,“…
Posted in Online Stock Trades Tags: 200-billion, budget, budget-since, government, India, keenly-awaited, largest-lender, rights, rights-issue, seems-difficult, state-bank, the-government, the-rights, year Comments OffAny Body ready to receive stock market tips by sms in india / tamilnadu ???
Posted by admin on March 2nd, 2011
Yes i am receiving the tips from a reliable source & gaining a lot. But for these tips i have to pay big amount. If any body ready to share that amount, i will send those tips to them too. Minimum Charges only i need Rs. 500 per month.
Posted in Online Stock Trades Tags: Body, India, market, ready, receive, Stock, tamilnadu, Tips 2 Comments »StanChart profit jumps as Asia booms, costs rise
Posted by admin on March 2nd, 2011
HONG KONG/LONDON (Reuters) – Asia-focused bank Standard Chartered Plc met expectations with a 19 percent rise in profits and said it had made a record start to this year as India, China and other Asian markets boomed.
Posted in Online Stock Trades Tags: asia-focused, asian, china, Hong, India, met-expectations, record-start, said-it-had, standard, standard-chartered, year, year-as-india Comments OffBudget 2011: Stepping Stone to DTC?
Posted by admin on March 1st, 2011
By: Nikhil Bhatia Khyati Shah of PwC India
N C Jha takes over as acting CMD of Coal India
Posted by admin on March 1st, 2011
State-run Coal India today said that Director (Technical) N C Jha will hold the additional charge of Chairman and Managing Director of the firm till further orders, reports PTI. “…
Posted in Online Stock Trades Tags: additional, bombay, chairman, cil, cmd, India, managing-director, Orders, till-further, till-regular, today-said, until-further Comments OffRBI`s reference rate for USD at Rs 45.12, Euro at Rs 62.32
Posted by admin on March 1st, 2011
The Reserve Bank of India`s (RBI) today fixed reference rate for USD at Rs 45.12, up 0.13% against its rate on previous working day at Rs 45.18 (February 28). Meanwhile, the apex bank`s reference rate for Euro was down 0.27% at Rs 62.32 on March 01, as against 62.15 on February 28
Posted in Online Stock Trades Tags: 73-43-down, against-its, apex, great-britain, India, pound, rbi, reference-rate, reserve, reserve-bank, today-fixed Comments OffBudget may give a boost to infra, edu, health, agri, social sector: Max Bupa
Posted by admin on March 1st, 2011
Dr.
Posted in Online Stock Trades Tags: budget-vision, chief-executive, damien-marmion, Finance, Health, health-insurance, his-reactions, India, infrastructure, opinion, reactions, social-sector, some-incentives, such-measures Comments OffFitch affirms `AAA(ind)` rating on Ambuja Cements
Posted by admin on March 1st, 2011
This Credit rating agency`s announcement corrects the version issued on 25 January 2011. The title of the release should be Fitch Affirms Ambuja Cements at `AAA(ind)`; Outlook Stable and not `Fitch Affirms Ambuja Cements` Bank Loans at `AAA(ind)`/`F1+(ind)`, as previously stated
Posted in Online Stock Trades Tags: acl, ambuja, corrected, credit, fitch-affirms, fitch-ratings, helvetica, India, Loans, outlook-stable, rating-agency, ratings Comments OffFitch affirms `A(ind)` rating at English Indian Clays
Posted by admin on March 1st, 2011
Credit rating agency, Fitch Ratings has affirmed India`s English Indian Clays (EICL) National Long-Term Rating at `A(ind)`.
Posted in Online Stock Trades Tags: 125-million, capital-limits, eicl, fitch-ratings, India, indian, long-term-bank, non-fund-based, outlook, rating, rating-agency, ratings, the-ratings, working-capital Comments OffDaiichi Sankyo to buy Plexxikon for USD 805 mn
Posted by admin on March 1st, 2011
Japanese drug-maker Daiichi Sankyo Company has said it will buy US-based pharmaceutical firm Plexxikon Inc for USD 805 million, reports PTI. In a statement, Daiichi said, “It has concluded an agreement to acquire Plexxikon Inc, a privately held pharmaceutical company.“ The acquisition will help the Japanese firm obtain certain co-promotion rights in the US for late-stage cancer drug PLX4032, which is being jointly developed by Plexxikon and Roche. Daiichi, which holds a majority stake in India`s Ranbaxy, said the purchase price…
Posted in Online Stock Trades Tags: 805-million, daiichi, daiichi-sankyo, firm-obtain, India, japanese, majority-stake, plexxikon, privately-held, purchase, ranbaxy, will-help Comments OffFCI incurs Rs 4.84 bn loss due to storage & transit loss
Posted by admin on March 1st, 2011
The Food Corporation of India (FCI) is estimated to have incurred a financial loss of Rs 4.84 billion in 2010-11 due to damage to foodgrains and storage and transit loss, Food and Public Distribution minister K V Thomas said today, reports PTI. FCI, a nodal agency for procurement and distribution of foodgrains, is estimated to have lost Rs 4.84 billion in 2010-11, as against Rs 4.37 billion in the previous year, the minister said in a written reply to the Lok Sabha today. The FCI…
Posted in Online Stock Trades Tags: 2010-11-due, corporation, fci, financial-loss, India, minister, said-today, the-minister, transit-loss Comments OffBudget analysis: Tax amendments
Posted by admin on March 1st, 2011
Given the impending revamp of the direct taxes regime in India through the implementation of the draft Direct Taxes Code in 2012, the Union Budget for the year 201112 was expected to have relatively few proposals.
Posted in Online Stock Trades Tags: direct, direct-taxes, draft, given-the-impending, implementation, India, taxes-regime, the-direct, union-budget, year, year-201112 Comments Off