Hutch to buy Orange Austria for $1.7 bln including debt
Posted by Moneycontrol Latest News | Posted in businessNews | Posted on 03-02-2012
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ORANGEAUSTRIA-HUTCHISON:Hutch to buy Orange Austria for $1.7 bln including debt RBI wants tighter norms for non-bank fin cos MUMBAI (Reuters) - The Reserve Bank of India may increase lending and provisioning rules for financial firms that do not operate as banks, tightening regulations for an industry that has grown rapidly...
Maruti halts production at plant on worker issues NEW DELHI (Reuters) - Maruti Suzuki, India's top car maker, on Monday has halted production at its Manesar plant in Haryana after it dismissed some workers and asked all others to sign a "good conduct...
Indian Oil to shut Mathura plant, Koyali units in Sept... NEW DELHI (Reuters) - Indian Oil Corp, the country's biggest oil refiner, will fully shut its 160,000 barrels per day (bpd) Mathura refinery in northern India from Sept. 21 for a three-week maintenance,...
ORANGEAUSTRIA-HUTCHISON:Hutch to buy Orange Austria for $1.7 bln including debt
EGYPT-PROTEST:Egypt protesters besiege Cairo ministry
Buy IndusInd Bank and Hindustan Unilever (HUL), says Sudarshan Sukhani of s2analytics.com.
MARKETS-INDIA-RUPEE:Rupee seen opening up; U.S. jobs data watched
MARKETS-INDIA-STOCKS:BSE Sensex seen subdued, Dr. Reddy's watched
Sudarshan Sukhani of s2analytics.com says the upward bias in the market will continue today as well. "The trend is up so take advantage of the dips," he says.
On CNBC-TV18's show Super Six, market gurus Rajesh Jain of Religare Sec, Rakesh Gandhi of LKP and Vishal Kshatriya of Edelweiss, place their bets on two stocks each, thus offering investors a variety of options to choose from.
Here is a look at top domestic newsmakers and global cues that will determine the market's mood today.
Bond prices are likely to remain firm in the near-term, says Dhawal Dalal, DSP BlackRock.