NEWS: # ICICI Bank allots shares to BoR shareholders # IT stocks decline as govt hikes MAT # Godrej Properties to raise up to Rs 1,000 cr debt through QIP # Jet Airways to go in for 20% equity dilution # Oil prices slip below $73 in Asian trade # Maruti mulls sixth plant at Manesar # FMCG cos hire in small towns to fire up growth # Sunil Mittal, GM Rao may join new RBI board


Archive for February, 2009

Closing Note: Sensex stands low at close due to declining GDP

Friday, February 27, 2009 4:00 pm No Comments

Markets traded down due to selling stress however bounced back to close at 0.71%.

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Provogue postpones international growth plans

Friday, February 27, 2009 3:41 pm No Comments

Provogue India Ltd has postponed plans to grow across Thailand, Singapore and Dubai till the month of September in the wake of the international financial chaos.

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Tata Steel Quarter 3 net falls

Friday, February 27, 2009 3:35 pm No Comments

Tata Steel has registered a 44% fall in its merged net gain for December period at Rs.732.21 crore as opposed to Rs.1, 311.76 in the consequent quarter previous year.

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Midday Note: Market bounces back

Friday, February 27, 2009 3:05 pm No Comments

Markets have bounced back considerably in the afternoon trades driven by profits in the index majors like HDFC Bank and Tata Steel.

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Telecom majors hit by slump

Friday, February 27, 2009 3:03 pm No Comments

Reliance Communications was low at 3.27%, Bharti Airtel was low at 3.18% and Idea Cellular Services was low at 4.92%.

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Hindustan Copper tops the BSE

Friday, February 27, 2009 2:31 pm No Comments

Hindustan Copper presently trades at Rs.88.10, which is high by 4.45 points from its earlier closing of Rs.83.65 on the Sensex.

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Larsen & Toubro witnesses firm sales growth

Friday, February 27, 2009 2:10 pm No Comments

Larsen & Toubro looks forward to sustain sales expansion of 30% in the upcoming financial year, even if deals were weakening.

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Bharat Sanchar Nigam introduces wireless services

Friday, February 27, 2009 1:44 pm No Comments

Wireless broadband services in Gujarat have been introduced by Bharat Sanchar Nigam in alliance with United States SOMA system.

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Shares of Shopper’s Stop drops after shutdown news of its book stores

Friday, February 27, 2009 1:14 pm No Comments

Shoppers Stop announced on Friday that it has shut down 3 of its book stores ‘Crossword’ across the nation.

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Shares of gems and jewellery twinkle

Friday, February 27, 2009 1:05 pm No Comments

Rajesh Exports is high with 1.26%, Classic Diamonds is high with 2.38%, Gitanjali Gems is high with 0.91% Zodiac JRD is high with 9.99%, Vaibhav Gems is high with 3.14% and CG Impex is high with 6.56%.

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