The Business Standard's Smart Investor (SI) reports focus on in-depth analysis and timely news concerning strategic investment trends, business deals, and financial manoeuvres within the corporate world.
The Business Standard's Smart Investor (SI) reports focus on in-depth analysis and timely news concerning strategic investment trends, business deals, and financial manoeuvres within the corporate world.
Operation in all shifts is expected to be normal soon. The Management expects the production loss to be made good.
BSE Oil and gas, metal, healthcare stocks lead gains. Infosys slips 1%
The floor price for offloading a 12.5% of the Centre's equity stake in RCF on Friday through offer for sale has been fixed at Rs 45 per share.
Broader markets positive, moving inline with benchmark indices
US jobs report and China trade data to be watched out for in the day.
The Bombay Stock Exchange's 30-share Sensex provisionally closed at 19,465 up 212 points. The National Stock Exchange's 50-share S&P CNX Nifty provisionally closed at 5,876 up 57 points.
Caution remained ahead of global central banks meet later today
Taruna Reddy has acquired 44,826 shares or 0.27% stake in the company via open market purchase on March 6, 2013.
According to media reports the government is planning to offload its 9.33% stake in the company through offer for sale route next week.
IT names like TCS, Wipro, Infosys gained 1-2%, trading near their 52-week or all time highs
To develop, design, assemble, manufacture, produce industrial machines and spare parts for production packaging and printing machines for all kinds of consumer and industrial products in India.
The board approved the issuance of fresh equity shares to dilute the promoter group holding in the company to meet Sebi norms of 25% minimum public shareholding.
IT index currently trading at its highest level since 2000, outperformed the market by gaining 6% in past two weeks.
BSE IT, TECk, Capital Goods and Realty indices have gained between 1-1.5%
BSE IT, TECk, Capital Goods and Realty indices have surged by almost 1% each
Asian markets take a breather too after two-day rally
The company will form a JV company with Kose Corporation to manufacture and market cosmetic products for Indian market.
NYSE Euronext will sell about 4.8% stake in MCX via a block deal in a price band between Rs 1,003 and Rs 1,024 per share.
Markets are expected to open on a flat note tracking mild profit-taking in Asian shares after two-day rally
Broader markets outperform benchmarks, surge over 1%