Featured News

Possible outcomes for fuel price reforms NEW DELHI (Reuters) - The government will on Monday grapple with the political hot potato of deregulating fuel prices, seeking a way to improve its financial health as it tries to shield its 1.2 billion...

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Nikkei falls towards 6-month low, tech shares drag TOKYO (Reuters) - Japan's Nikkei average dropped 0.7 percent on Tuesday, heading towards a six-month low, as tech shares such as Advantest Corp slid in the wake of falls by their U.S. peers.

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BSE Sensex seen higher on strong global cues MUMBAI (Reuters) – The BSE Sensex is expected to open higher on Thursday, tailing other Asian peers that rose after solid U.S. home sales data lifted sentiment and sparked a rally on Wall Street overnight. ...

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Wall St Week Ahead: Europe, jobs keep stocks' anxiety... NEW YORK (Reuters) - U.S. stocks could face further pressure next week unless investors get some relief from worries about Europe, jobs and the toll they might take on the economic recovery.

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BSE Sensex to tread water; Reliance Comm eyed BSE Sensex to tread water; Reliance Comm eyed Reuters India - 3 minutes ago People watch a large screen displaying India's benchmark share index on the facade of the Bombay Stock Exchange (BSE) building...

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GM readies IPO filing, in auto loan talks-sources: NEW YORK/FRANKFURT (Reuters) - General Motors Co plans to file plans as soon as next week for a public offering of stock that could raise up to $20 billion in one of the largest U.S. IPOs ever, a person with knowledge of the preparations said on Wednesday.... Vivendi denies in talks for Reliance Comm stake: PARIS/MUMBAI (Reuters) - Vivendi, Europe's largest entertainment group, said on Wednesday it was not in talks to buy a 26 percent stake in mobile carrier Reliance Communications.... Hindustan Motors gains further ground: Hindustan Motors touched an intraday high of Rs 27.80 and an intraday low of Rs 25. At 15:04 hrs the share was quoting at Rs 26.65, up Rs 2.05, or 8.33%.... SRF (Rs 234.4): Buy: Investors with short-term perspective can consider buying the stock of SRF. It is seen from the charts of the stock that it has been on a steady intermediate-term uptrend. The stock has been forming higher peaks and higher trough from its... EU leaders work on ways to prevent new debt crises: BRUSSELS (Reuters) - European Union leaders hope to agree on ways to strengthen budget discipline and economic policy coordination on Thursday to show financial markets they can prevent a repeat of the euro zone debt crisis.... Kalindi Rail Nirman (Rs 132.4): Buy: We recommend a buy in the stock of Kalindi Rail Nirman from a short-term trading perspective. It is apparent from the charts of the stock that in December 2009, it encountered a key long-term resistance band between Rs 230 and Rs 240 and resumed... Nikkei up 1.6 pct, hits 1-mth high above 10,000: TOKYO (Reuters) - Japan's Nikkei average rose 1.6 percent on Wednesday to top 10,000 for the first time in a month, after successful debt sales by some of the weakest euro-zone members boosted the euro and Wall Street.... Sintex Industries (Rs 296.6): Buy: Investors with short-term trading perspective can consider buying the stock of Sintex Industries. Since March 2009 low of Rs 70 the stock has been on an intermediate-term uptrend, forming higher peaks and higher troughs. However, the stock took... Japan Noda: no comment on if G7 held teleconference: TOKYO (Reuters) - Japan's finance minister on Tuesday declined to say whether the Group of Seven had held a teleconference on Monday evening, when asked about reports a call was held over issues including an upcoming Group of 20 meeting as well as the situation in Europe.... Madhucon Projects (Rs 140.1): Buy: Investors with a short-term trading perspective can purchase the stock of Madhucon Projects. The stock reversed direction on Monday by forming a giant bullish engulfing candle in the daily chart. This up-move also helped to close the gap formed...

IPO


  • Midvalley Entertainment plans Rs 60 crore IPO - Film production, distribution and exhibition company Midvalley Entertainment is planning to Rs 60 crore from the capital market.
  • MPS group may plan IPO to fund power foray - Coimbatorebased MPS Group plans for a 300 MW power project in Thoothukudi district in south Tamil Nadu, reports The Hindu Business Line.
  • CRISIL assigns grade 2/5 to YOU Broadband IPO - CRISIL Equities has assigned a grade of 2/5 to the proposed initial public offer (IPO) of YOU Broadband Cable India, in its research report dated September 01.
  • Harrisons Malayalam plans to list STEL within 30days - In an interview with CNBCTV18’s Udayan Mukherjee, Pankaj Kapoor, MD of Harrisons Malayalam said the firm is planning to list STEL within a month. \"Every Harrison Mal shareholder will get one share of STEL,\" he informed.
  • Gujarat Pipavav IPO priced at Rs 46 per share - Port operator and developer Gujarat Pipavav said on Tuesday it had set the issue price for its initial public offering at Rs 46 a share, raising as much as Rs 500 crore (USD 106 million).
  • SAIL FPO likely in January - The Steel Authority of India (SAIL) followon public offer (FPO) is likely to hit the market only in January, according to Steel Ministry officials, reports The Hindu Business Line.
  • Omkar Speciality Chemicals files IPO papers with SEBI - Speciality chemicals manufacturer Omkar Speciality Chemicals is planning an initial public offering (IPO) of 81 lakh equity shares. It has filed draft red herring prospectus (DRHP) with the market regulator Securities Exchange Board of India (SEBI).
  • Coal India IPO to open on October 18 - India\'s largest coal producing company Coal India (CIL) will open its initial public offering (IPO) for subscription on October 18, 2010.
  • Gujarat Pipavav Port sets issue price at Rs 46/share - Gujarat Pipavav Port has fixed the issue price for its 500 crore public issue at Rs 46 a share while price band was at Rs 4248.
  • Coal India IPO road show from Aug 31 - Coal India will launch its threeweek long road show to attract anchor investors, from India and abroad, for the IPO beginning August 31, reports The Hindu Business Line.