News & Announcements
A loss of 100 paise in rupee’s value against the US dollar in a year costs oil marketing companies Rs 9,200 crore per annum, the government said on Friday. Oil marketing companies (OMCs) incur losses due to depreciation of rupee against dollar, minister of state for finance Namo Narain Meena said in a written reply [...]
Here are stocks that are in news today: Results Today ��” Bajaj Auto, Jaiprakash Power Ventures, Mahindra Satyam, Bajaj Holdings, Jaypee Infratech, Asahi Glass, Essar Shipping, GTL Infra, Gujarat Alkalies, PTC India, WWIL Moody’s downgrades long-term & short-term ratings of ICICI Bank UK -Cuts ICICI Bank’s long-term debt rating to BAA3 from BAA2 -Moody’s says [...]
Despite pressure from industry, telecom regulator TRAI on Sunday stood by its recommendation of high base price for auction of spectrum saying the increase in the tariff can be absorbed by operators, but gave marginal relief in the price of frequencies being used for CDMA services. In its response to Department of Telecommunications (DoT) on [...]
The BSE Sensex and NSE Nifty started of trade moderately higher amid volatility on Monday. Asian markets rebounded from day’s low; Shanghai, Nikkei and Hang Seng (which were 0.2%) gained 0.2% each. Index heavyweights Reliance Industries and Infosys led the market higher. Banks, metals, auto and capital goods stocks were supporting the market. The BSE [...]
More volatility could be in store for US stocks next week as investors grapple with less certainty about the US economic outlook and a new blow to the financial sector after JPMorgan Chase’s trading loss. Europe is expected to keep investors jumpy as well, with inconclusive results from the recent Greek election and the country’s [...]
The world’s major commercial real estate markets have been in recovery mode since the crisis of 2008/2009, with 2011 having shown the strongest evidence of an upswing so far. As we move through 2012 nonetheless, first quarter market data suggests a slowing in forward momentum, with investment and leasing volumes down by about one-fifth on [...]
Results Today: PNB, Ranbaxy, ABB, Union Bank, GVK Power, IRB, Arvind, United Breweries Holdings, NIIT, Geodesic, Gammon Infra, Gati, Uttam Galva, Network 18, TV 18, Jubilant Inds, Manglore Chem, Century Ply, Usha Martin, Vardhaman Text, Zuari, Zydus, Triveni Engineering, Disa and FIEM Listing Today Tribhovandas Bhimji Zaveri, issue price Rs 120 RIL cuts D6 block [...]
In a bid to stem rupee’s free falling against the US dollar, the Reserve Bank of India (RBI) on Friday announced two-pronged measures to ease norms for foreign currency flows. The regulator has hiked the rate of foreign currency deposits for non-resident Indians by 75-175 basis points to 200 bps for maturity period of one [...]
The Indian market and rupee resume their downside journey in the opening bell. The benchmark index Nifty is now trading perilously close to 5150 support zone. The rupee opened at 53.64 per dollar versus 53.41 yesterday. The Sensex was down 65.34 points or 0.38% at 17085.85, and the Nifty was down 18.15 points or 0.35% [...]
Spain’s borrowing costs are set to rise by more than a percentage point at an auction of three and five-year bonds on Thursday, with markets watching for signs that its troubled banks are losing their appetite for the country’s debt. The sale is the first since Standard and Poor’s cut Spain’s credit rating by two [...]
