Archive for March, 2009
GMR Infrastructure swings high with individual construction segment venture
Wednesday, March 25, 2009 10:26 am No CommentsGMR Infrastructure presently trades at Rs.92.90, which is higher by 2.95 points from its last close of Rs.89.95 on the Sensex.
Crompton sees decline despite acquisition plans
Wednesday, March 25, 2009 10:18 am No CommentsCrompton Greaves’ shares crashed today as the electrical equipment manufacturer declared its decision to obtain 41% stake in Avantha Power & Infrastructure for Rs.227 crore at Rs.11 on each share.
HDFC reduces retail prime lending rate
Wednesday, March 25, 2009 10:15 am No CommentsHDFC yesterday declared a 50 basis points reduction in retail prime lending rate for present and latest consumers. The amended PLR will be 14% now.
Satyam decides to confirm buyer by April end
Wednesday, March 25, 2009 10:00 am No CommentsReportedly, Satyam Computer Services Ltd is likely to confirm the buyer of a 51% stake by 30th of April.
GMR Infrastructure to begin an individual unit for its building business
Wednesday, March 25, 2009 9:45 am No CommentsGMR Infrastructure’s board has sanctioned to introduce the building business as an individual operating segment of the company.
Opening Note: Markets to have an even start
Wednesday, March 25, 2009 9:44 am No CommentsAs expected, the bulls could not maintain the buying drive. Key indices fell from a day’s up despite a good close from the Asian markets.
Reliance Industries to begin gas manufacture at KG-D6
Tuesday, March 24, 2009 4:40 pm No CommentsReportedly, Reliance Industries will commence natural gas manufacture at its productive Krishna Godavari sink KG-D6 grounds in the initial part of April.
Closing Note: Nifty ends flat, Sensex up by 2%
Tuesday, March 24, 2009 4:00 pm No CommentsSensex was high with 47 points to end at 9,471 and the Nifty was even at 2,938.
Essar, BG shows interest to undertake capacity at Dabhol
Tuesday, March 24, 2009 3:45 pm No CommentsGVK, British Gas and Essar have shown interest in taking competence at the Dabhol LNG workstation.
BGR Energy Systems sees more profits
Tuesday, March 24, 2009 3:42 pm No Comments6.05 lakh shares traded on the Sensex. The stock saw a standard everyday volume of 92604 shares in the last quarter.