Watch company, Timex Group India today said its board has announced the appointment of Kapil Kapoor as the firm`s new Chairman, according to PTI. Kapoor, who is also the Chief Operating Officer Global Business Development of Timex Group USA, has been holding the position of the Vice Chairman of Timex India since 2009. “He was running the operations of Timex India as the Managing Director during 2000-2008 and is credited with leading the turnaround of the Indian operation,“ the company said in a statement.
Posts Tagged ‘indian’
Servalakshmi Paper gets SEBI nod for IPO
Servalakshmi Paper, engaged in the business of manufacturing printing and writing paper and newsprint, has received SEBI nod for its proposed IPO.
IOB launches new credit schemes for landless, farm laborers
Public sector lender, Indian Overseas Bank (IOB) has introduced a bunch of new credit and financial schemes for small and marginal farmers, MSEs and holistic village development.
`Restricting FDI in pharma will be retrograde step`
The Organisation of Pharmaceutical Producers of India (OPPI) today said any move to contain FDI in the pharma sector will be a `retrograde step`. Asserting that acquisition of domestic firms by global counterparts will not result in increased drug prices, the OPPI noted that Indian companies have also been making overseas acquisitions. “Any move to contain FDI in the pharma industry will be a retrograde step,“ OPPI President Ranjit Shahani told PTI.
Bharti Airtel, OnMobile Global, Idea top picks in telecom space: Asit C Mehta
3QFY11 results of Indian telecom companies have shown improvement on the back of stabilising operating metrics. The competitive intensity has started to stabilise as is witnessed in the moderate ARPM decline over the past few quarters. This is mainly as companies have restrained from further cuts and the migration of subscribers to lower tariffs plans has almost completed
Etisalat sees India dropping case in licence row
Etisalat’s Indian joint venture has responded to a request by India’s government to show why it should keep its licence, after a telecoms scandal, and expects no further action taken against it, the UAE firm said on Wednesday.
PINC recommends `Buy` on Tata Steel
PINC Research has recommended `Buy` on Tata Steel with a price target of Rs 817 as against the market price (CMP) of Rs 617 in its report dated Feb.
India, Malaysia to sign bilateral trade pact on Friday
India and Malaysia are set to ramp up bilateral trade ties with the signing of a landmark pact for accelerating economic cooperation between the two nations on Friday, according to PTI. The Comprehensive Economic Cooperation Agreement (CECA) will be signed by Indian Minister of Commerce and Industry Anand Sharma and his Malaysian counterpart, Mustapa Mohamed, in the presence of Malaysian Prime Minister Najib Razak
Markets to get a subdued start: Sharekhan
“The Indian markets extended the three day pullback rally after investors showed huge buying interest in the undervalued index heavyweights. However, the equities are expected to take a halt in today`s session. Trading may start on a quiet note as the overseas cues are mixed for the day
Stocks in News: TVS, SBI, Advanta India…
Following are the important business news carried by leading financial dailies on Wednesday, Jan. 16, 2011. Economics Times Indian Bank ties up with TVS for vehicle finance Public sector lender Indian Bank today said it has entered into an agreement with TVS Motor Company for financing the company`s vehicles
Keep eyes on LIC Housing: Astromoneyguru
Great bounce back was seen on last 3 trading session at Indian stock Market.
Best Intra Day Stock Market Advisor Indian Stocks during Market Hours
Bullet Advice For Indian Stocks Weekly – Nifty scales to 32-1/2 month highs BSE Sensex (20445.04) and Nifty (6143.40) closed up 2.0% and 2.1% respectively last week.Nifty Future October was quoting at 33.50 points premium.Nifty call option October 6200 was very active.Support for Sensex is at 20050. Resistance for Sensex is at 20870 .Support for Nifty is at 6020 and resistance at 6270.. IPO of Coal India will raise about Rs 16,000 crore in the mid October.This will be the largest ever IPO in the country. Infosys will declare Q2 results on 15th October 2010 IFCI and Tata Steel added Open Interest in October series.Huge position was build up at Unitech October Call Option Strike Price 100.Good build up was also seen at IFCI October Call Option Strike Price 70. Strategy for Futures Option players. 1)SAIL(223.55) Lot Size-1000 Shares Buy One Call Option of October Strike Price 220@13.60 Rs Sell One Call Option of October Strike Price 230@8.25 Rs. Premium .Paid=13.60*1000= 13600.00.00 Rs. Premium Received=8.25*1000= 8250.00 Rs. Net Premium Paid==13600.00-8250.00=5350.00 Rs. Maximum Profit==230-220==10*1000=10000.00-5350.00=4650.00 Rs. Maximum Loss= 5350.00 Rs. Break Even Price=225.35 2)IFCI(67.30) October Future-Lot Size 4000 shares. Buy One Lot October Future @67.30 Rs Sell One Call Option of October Strike Price 70@2.25 Rs. Premium Received=2.25*4000= 9000.00 Rs Maximum Profit=70.00-67.30=2.70*4000=10800.00+ 9000.00=19800.00 Rs. Max Loss=Unlimited. Trend of Major Stocks STOCK TREND Days WeeklyTrend MonthlyTrend BHEL.NS Bulllish 5 Rising Rising ICICIBANK.NS Bulllish 1 Rising Rising INFOSYSTC.NS Bulllish 1 Rising Rising ITC.NS Neutral 2 Rising Falling MARUTI.NS Neutral 1 Rising Rising SBIN.NS Bulllish 1 Rising Rising TATASTEEL.NS Bulllish 1 Rising Rising TCS.NS Bulllish 1 Rising Rising Technical indicators of major Stocks MFI=Money Flow Index RSI=Relative Strength Index ADX=Directional Momentum Index STOCK CLOSE MFI-21 RSI-14 ADX-14 BHEL.NS 2590.7 55.54 69.79 15.04 ICICIBANK.NS 1135.2 67.01 68.98 39.83 INFOSYSTC.NS 3102.15 84.41 70.39 37.45 ITC.NS 178.65 63.94 53.23 26.28 MARUTI.NS 1479.95 78.8 72.21 33.03 SBIN.NS 3272.15 91.46 77.1 57.77 TATASTEEL.NS 667.8 88.78 83 38.19 TCS.NS 961.6 55.75 69.21 23.95 Trading Idea 1)Jindal Steel(731.85)Buy this stock in decline and trade. 2)IDBI(158.45) Buy this stock in decline and trade By Bullet Advisory Indian Stocks-India’s Top Most No.1 Best Stock Market Advice Blog,Hot Stock Tips Calls by Expert Technical Analyst Narendra Nainani of India.Most Preferred and Successful Paid Subscription Stock Tips Calls Website of India.Excellent Success Ratio of more than 90% with Superb trading ideas.Most Successful Intraday Stock Future Calls Provider Service Indian Share Market. -+919898162770 Website nainaninarendra.blogspot.com
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Watch out for fiscal deficit, sops in budget: Religare Cap
Pumped up by a 2day rally, Indian markets are once again looking attractive to investors and experts. All eyes are waiting to see how much the markets can move ahead in the run up to the budget given the kind of damage it has witnessed in the start of the year



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