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Stocks seen ranged; global cues mixed
MUMBAI: Stocks are likely to remain rangebound on Tuesday after the recent rally on Indian bourses. Profit booking may be on the cards ahead of BSE Invest for long term Golden rules for investors Value stocks for 2009 the start of third quarter earni...
ICICI Bank does not need IPO: CEO & MD K V Kamath
NEW DELHI: Flush with funds to meet business growth for the current year, ICICI Bank CEO and Managing Director K V Kamath said the bank does not ICICI Bank How Sensex cos fared in 2008need funds from the IPO market, expected to revive later in the ye...
Satyam's promoters lose Rs 597 cr in a day
NEW DELHI: The failed move to buy Maytas Infra through Satyam has cost the Rajus dearly. As per an analysis by ETIG, the Raju family (B Ramlinga Raju, chairman, Satyam Computers, Rama Raju Jr, promoter of Maytas Properties and B Teja Raju, vice-chair...
Rupee 48 paise stronger against dollar in early trade
MUMBAI: Rupee on Wednesday appreciated by 48 paise against the US currency in early trade on dollar selling by banks amid surging Asian equity markets.At the Interbank Foreign Exchange (Forex) market, the domestic currency traded at 49.11 against the...
BSE gets ‘Z’cover
MUMBAI: Security has been beefed up further on the Bombay Stock Exchange (BSE) following the terror strike in Mumbai on Wednesday. Asia’s oldest stock exchange has been high on the hit list of terrorists and was one of the prime targets during the ...
Maruti Suzuki falls 4% on dismal Nov sales
MUMBAI: Maruti Suzuki shares took a beating Monday after the automaker posted dismal sales for the month of November.Maruti Suzuki registered 24.4 per cent fall in total sales at 52,711 vehicles in November 2008 as against 69,699 a year earlier. Dome...
NHPC, advisor split over IPO
NEW DELHI: Despite the stock market crash, NHPC has been advised to go ahead with its proposed initial public offering (IPO). Citing examples of Rural Electrification Corporation (REC), NTPC and Tech Mahindra, one of the NHPC’s advisors Kotak Mahin...
