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Wipro dips nearly 12 pc
MUMBAI: India's third largest IT services exporter Wipro dipped as much as 12 per cent in early trade on Monday on the bourses, after the company said it is not eligible to bid for contracts with the World Bank till 2011.Shares of Wipro Technologies ...
Asian markets face more pain before gain in 2009: analysts
TOKYO: Asian stocks may face more turmoil in early 2009 before finally starting to rebound as steps by governments to salvage investor confidence and boost economic growth start to work, analysts said.Asian markets saw about half of their value wiped...
KSK Energy Ventures leads gainers in 'A' group
Tata Communications, Canara Bank, State Bank of India and Indian Overseas Bank are among the other gainers.Banking shares dominated the gainers in BSE's A group shares on expectations that the meltdown in US market may prompt US Federal Reserve to cu...
Savings bonds can be collateral: FM
NEW DELHI: Indian savings bonds could now be used as collateral for obtaining loans from banks, the finance ministry said late on Tuesday.The scheme is applicable for 7 percent Savings Bonds issued in 2002, 6.5 percent Savings Bonds issued 2003 and f...
Deccan Aviation leads gainers in ‘A’ group
Deccan Aviation leads gainers in ‘A’ groupGammon India, Bajaj Holdings & Investment, Biocon and Jet Airways India are among the other gainers.Deccan Aviation rose 6.81% to Rs 94.05. It topped gainers in BSE's 'A' group sharesGammon India rose...
Steel stocks lose sheen
Shares of steel companies slid for a second straight session on fears the steel ministry may not allow them to raise prices after an agreed 3-month freeze on prices lapses on 8 August 2008.Tata Steel (down 4.58% at Rs 645.80), Ispat Industries (down ...
Sensex gains 383 pts, but market still edgy
Just as it appeared that bulls were scrambling to retain their hold on markets, the fall in oil prices on Tuesday came to their rescue, giving them the impetus to gain the lost ground. Equity benchmarks on Tuesday gained roughly 2.5%, but analysts fe...
RNRL tops volumes on BSE
IFCI, Ispat Industries, Cybermate Infotek and Reliance Communications are among the other volume toppersReliance Natural Resources (RNRL) gained 4.14% to Rs 101.80 on a volume of 2.83 crore shares on BSE. It was the top traded counter on BSE in terms...
