COMPANY NAME ACTION ENTRY PRICE TARGET STOP LOSS
M&M BUY 895-896 915-919 882
MCLEODRUSS SELL 279-280 274-272 284
M&M BUY 895-896 915-919 882
MCLEODRUSS SELL 279-280 274-272 284
Free Intraday Stock Tips and Stock Market News provider.
Thursday, October 31, 2013
Sureshot intraday stock tips for October 31, 2013
Posted on Thursday, October 31, 2013 by Unknown
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Wednesday, October 30, 2013
Today's business & economy News to be watched in the market
Posted on Wednesday, October 30, 2013 by Unknown
| No comments
Government will ask Reliance Industries Ltd to relinquish 80 % of its east coast deepwater D6 gas block, including five discoveries, as the energy major has not adhered to timelines for developing the area, the oil secretary said.( ET )
Vodafone Plc said that it will bring in Rs 10,141 crore in order to increase its equity stake in Vodafone India to 100%, which would mean acquiring its two key Indian partners which include a Ajay Piramal controlled company, Analjit Singh of Max group and IDFC amongst others. Based on this deal the company will be valued at Rs 28, 469 crore.( BS )
JSW Steel is planning to raise around $600 million through external commercial borrowing (ECB) route, part of which will be mopped up in the current quarter, a top company official said.( ET )
The US government is likely to slap a fine of about $35 million (around Rs 219 crore) on Infosys, on charges of inappropriate use of visitor visa for business purposes.( BS )
TVS Motor Company is expecting that the company, on a standalone basis, would be debt free by next year. The company is also infusing a capex of Rs 200 crore this year for its new product launches, scaling up of three wheeler capacity and its joint venture with BMW.( BS )
Greaves Cotton is aiming for growth in its engine business and is rolling out new gensets for users like hotels, hospitals and shopping malls.( BS )
Rural Electrification Corp Ltd (REC) has invited bids to raise at least Rs 500 crore through an issue of five-year bonds.REC is expected to be followed by Power Finance Corp and other regular issuers after the RBI stuck to script with a widelyexpected 25 basis points repo rate hike and a similar cut in marginal standing facility rate.( BS )
The Department of Telecommunications (DoT) is likely to take a decision on on spectrum base price for the third round of auction next week. The auction is scheduled for January 8, 2014.( BS )
Vodafone Plc said that it will bring in Rs 10,141 crore in order to increase its equity stake in Vodafone India to 100%, which would mean acquiring its two key Indian partners which include a Ajay Piramal controlled company, Analjit Singh of Max group and IDFC amongst others. Based on this deal the company will be valued at Rs 28, 469 crore.( BS )
JSW Steel is planning to raise around $600 million through external commercial borrowing (ECB) route, part of which will be mopped up in the current quarter, a top company official said.( ET )
The US government is likely to slap a fine of about $35 million (around Rs 219 crore) on Infosys, on charges of inappropriate use of visitor visa for business purposes.( BS )
TVS Motor Company is expecting that the company, on a standalone basis, would be debt free by next year. The company is also infusing a capex of Rs 200 crore this year for its new product launches, scaling up of three wheeler capacity and its joint venture with BMW.( BS )
Greaves Cotton is aiming for growth in its engine business and is rolling out new gensets for users like hotels, hospitals and shopping malls.( BS )
Rural Electrification Corp Ltd (REC) has invited bids to raise at least Rs 500 crore through an issue of five-year bonds.REC is expected to be followed by Power Finance Corp and other regular issuers after the RBI stuck to script with a widelyexpected 25 basis points repo rate hike and a similar cut in marginal standing facility rate.( BS )
The Department of Telecommunications (DoT) is likely to take a decision on on spectrum base price for the third round of auction next week. The auction is scheduled for January 8, 2014.( BS )
Today's Intraday Stock Pick for October 30, 2013: KOTAK BANK
Posted on Wednesday, October 30, 2013 by Unknown
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Today's Intraday Stock Pick for October 30, 2013: KOTAK BANK
COMPANY NAME ACTION ENTRY PRICE TARGET STOP LOSS
KOTAKBANK BUY 732 742-745 723
COMPANY NAME ACTION ENTRY PRICE TARGET STOP LOSS
KOTAKBANK BUY 732 742-745 723
Tuesday, October 29, 2013
IMPORTANT BUSINESS & ECONOMY NEWS FOR OCTOBER 29, 2013
Posted on Tuesday, October 29, 2013 by Unknown
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IMPORTANT BUSINESS & ECONOMY NEWS FOR OCTOBER 29, 2013
RBI passes rupee recovery as impact of delay in Fed tapering
Sebi may allow cos to issue bonds with IPOs
India faces several growth challenges: RBI
'Sahara to hand over title deed of Rs 20k cr to SEBI'
India, China, S Africa sign MoUs on trade, investment
Tata Elxsi Q2 profit jumps 11-fold to Rs 19.9 crore
Wipro ranked leader in global R&D service provider survey
Maruti's Q2 profits get booster dose from sharp spike in margins
RBI's macroeconomic, monetary development report
FMC orders forensic audit of NSEL e-series contract
80:20 rule for gold imports may be relaxed
CBI begins scrutnising PMO file on coal block allocation to Hindalco
Germany demands apology from US over Merkel surveillance
Intraday stock picks of the day October 29, 2013
Posted on Tuesday, October 29, 2013 by Unknown
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Intraday stock picks of the day October 29, 2013
COMPANY NAME ACTION ENTRY PRICE TARGET STOP LOSS
SSLT SELL 196 192-190 200
WIPRO BUY 483-484 492-495 476
COMPANY NAME ACTION ENTRY PRICE TARGET STOP LOSS
SSLT SELL 196 192-190 200
WIPRO BUY 483-484 492-495 476
Monday, October 28, 2013
BUSINESS & ECONOMY NEWS FOR OCTOBER 28, 2013
Posted on Monday, October 28, 2013 by Unknown
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BUSINESS & ECONOMY NEWS FOR OCTOBER 28, 2013
-Need for expert committee to review corporate governance norms: SCOPE
-Fed to hold its fire, wants clearer economic view
-Walmart resumes US lobbying on FDI in India
-India's participation in CHOGM will attract investments: Union Minister
-LIC buys scrips worth Rs 14,500 cr in 15 Sensex cos
-Coalgate: Rs 145k cr stuck on projs linked to blocks
-RBI may hike interest rate, MSF rate cut likely
-RBI policy, Fed moves & results to set market trend
-Vodafone India to invest Rs 4,000-6,000 cr annually
-NHPC to buy back govt shares, exchequer may get Rs 2K cr
-Coca-Cola committed to $5 bn investment in India
-LIC Nomura MF keen on acquisitions to fuel growth
-RBI queries applicants, regulators on new bank licences
-SBI invests in Equifax India, to get board seat in joint venture
-Crowdfunding, investment schemes promoted via social media under SEBI lens
-FIIs invest Rs 12K cr in stock market in Oct
-Spot pepper seen heading towards Rs 500/kg on tight supply
-Commexes turnover dive 60% in first half of Oct
-Petronet hires 4th LNG tanker from SCI-Japanese consortia
-Reliance Infrastructure plans to sell road projects to pare debt
-GAIL’s subsidy capped, Q2 profit down 7%
-Neyveli Lignite Sep quarter net falls 28% toRs.240 cr
-SpiceJet plans gradual global expansion
-Bharat Forge: overseas markets steal the show
-Market capitalisation: 8 bluechips lose Rs 45,061 cr in mkt valuation, ITC hit most
-Gold, silver prices jump on Diwali buying, global cues
-Jaypee pushes for new contract, wants to take F1 lap beyond 2016
-India needs Rs 1.63 lakh cr investment in healthcare by 2017: Report
-Double penalty on RIL to impact investment climate: Plan Panel
-UK regulatory curbs to cost Wockhardt £9 million in sales
-Need for expert committee to review corporate governance norms: SCOPE
-Fed to hold its fire, wants clearer economic view
-Walmart resumes US lobbying on FDI in India
-India's participation in CHOGM will attract investments: Union Minister
-LIC buys scrips worth Rs 14,500 cr in 15 Sensex cos
-Coalgate: Rs 145k cr stuck on projs linked to blocks
-RBI may hike interest rate, MSF rate cut likely
-RBI policy, Fed moves & results to set market trend
-Vodafone India to invest Rs 4,000-6,000 cr annually
-NHPC to buy back govt shares, exchequer may get Rs 2K cr
-Coca-Cola committed to $5 bn investment in India
-LIC Nomura MF keen on acquisitions to fuel growth
-RBI queries applicants, regulators on new bank licences
-SBI invests in Equifax India, to get board seat in joint venture
-Crowdfunding, investment schemes promoted via social media under SEBI lens
-FIIs invest Rs 12K cr in stock market in Oct
-Spot pepper seen heading towards Rs 500/kg on tight supply
-Commexes turnover dive 60% in first half of Oct
-Petronet hires 4th LNG tanker from SCI-Japanese consortia
-Reliance Infrastructure plans to sell road projects to pare debt
-GAIL’s subsidy capped, Q2 profit down 7%
-Neyveli Lignite Sep quarter net falls 28% toRs.240 cr
-SpiceJet plans gradual global expansion
-Bharat Forge: overseas markets steal the show
-Market capitalisation: 8 bluechips lose Rs 45,061 cr in mkt valuation, ITC hit most
-Gold, silver prices jump on Diwali buying, global cues
-Jaypee pushes for new contract, wants to take F1 lap beyond 2016
-India needs Rs 1.63 lakh cr investment in healthcare by 2017: Report
-Double penalty on RIL to impact investment climate: Plan Panel
-UK regulatory curbs to cost Wockhardt £9 million in sales
Intraday Calls for October 28, 2013
Posted on Monday, October 28, 2013 by Unknown
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Intraday Calls for October 28, 2013
COMPANY NAME ACTION ENTRY PRICE TARGET STOP LOSS
ZEEL BUY 267.5-268 273-280 263
HEROMOTORS SELL 2035-2040 2000 2065
COMPANY NAME ACTION ENTRY PRICE TARGET STOP LOSS
ZEEL BUY 267.5-268 273-280 263
HEROMOTORS SELL 2035-2040 2000 2065
Thursday, October 24, 2013
Intraday Free Calls for October 24, 2013
Posted on Thursday, October 24, 2013 by Unknown
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Intraday Free Calls for October 24, 2013
COMPANY NAME ACTION ENTRY PRICE TARGET STOP LOSS
BHEL SELL 142.5-143 139-137 147
MCDOWEL BUY 2695 2760-2790 2650
COMPANY NAME ACTION ENTRY PRICE TARGET STOP LOSS
BHEL SELL 142.5-143 139-137 147
MCDOWEL BUY 2695 2760-2790 2650
Wednesday, October 23, 2013
Indian stock markets outlook for October 23, 2013
Posted on Wednesday, October 23, 2013 by Unknown
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For Tuesday, October 22, 2013, the trend deciding point worked out at 6153 mark. Again, the weekly trend deciding point was also pegged at 6152 mark. Hence any fall in Nifty towards 6152-6153 mark was to offer a buying opportunity. However sustenance of this point needed to be ensured before creating a buying position. A strict stop loss of thirty points was a must for any buy. If for any reason, this level was breached, then the next support was expected to emerge at 6080 mark. But going by the trend for Tuesday, it seemed difficult for Nifty to touch 6080 on Tuesday. Again, the intermediate support also existed at 6202, in case if there is not much selling pressure. On the upside, the first weekly resistance of 6246 could have been easily crossed, as it was very near to the close of Monday at 6236 mark and a slightly strong buying could have helped it to be crossed. If this was crossed due to demand pressure, then the next resistance was expected to emerge around 6316 mark, the second weekly resistance.
And on Tuesday, Nifty opened slightly negative and soon went up to touch the high of 6236 mark and thus could not cross the first weekly resistance of 6246 mark. Fresh selling pressure here pushed Nifty down to touch the low of 6197.30. This point was close to the intermediate support of 6202 mark. After moving sideways for the major part, it was towards the end of the session that some buying pushed Nifty upward to close at 6227.
For Wednesday, October 23, 2013, the trend deciding point emerges at 6163 mark. While the weekly trend deciding point is at 6152. Thus, any fall in Nifty towards 6163-6152 mark is to offer a buying opportunity. However sustenance of this point is needed to be ensured before creating a buying position. A strict stop loss of thirty points is a must for any buy. If by any chance there is not much selling pressure, then the intermediate level of 6205-6210 itself will offer a support. The direction of the market will depend on the September Job data to be released today in US. On the upside, the level of 6246 will offer a resistance. If this is crossed, then the second weekly resistance of 6316 will become the target.
And on Tuesday, Nifty opened slightly negative and soon went up to touch the high of 6236 mark and thus could not cross the first weekly resistance of 6246 mark. Fresh selling pressure here pushed Nifty down to touch the low of 6197.30. This point was close to the intermediate support of 6202 mark. After moving sideways for the major part, it was towards the end of the session that some buying pushed Nifty upward to close at 6227.
For Wednesday, October 23, 2013, the trend deciding point emerges at 6163 mark. While the weekly trend deciding point is at 6152. Thus, any fall in Nifty towards 6163-6152 mark is to offer a buying opportunity. However sustenance of this point is needed to be ensured before creating a buying position. A strict stop loss of thirty points is a must for any buy. If by any chance there is not much selling pressure, then the intermediate level of 6205-6210 itself will offer a support. The direction of the market will depend on the September Job data to be released today in US. On the upside, the level of 6246 will offer a resistance. If this is crossed, then the second weekly resistance of 6316 will become the target.
Tuesday, October 22, 2013
Important Business & Economy News for October 22, 2013
Posted on Tuesday, October 22, 2013 by Unknown
| No comments
TCS wins multi-million contract in Germany
Radico Khaitan to hive off IMFL business ahead of stake sale
NSEL crisis: EOW to attach properties of accused
NHPC board to consider share buyback this week
Tata Steel to supply Britain's rail network for 5 more years
Installment under reverse mortgage scheme to be tax free
Govt hopeful of privatising six airports before LS polls
Tax bills pile up on Vodafone's account
Federal Bank to raise over $100 million
Revenues for institutional brokerages may shrink for third year in a row
DPs body may intervene in favour of NSEL e-series investors
Investments through P-Notes hit 10-month high at Rs 1.71-lakh cr
SEBI amends disclosure norms for pledged shares
Hunt begins for MCX, MCX-SX top brass
WDM witnesses trade worth Rs 2,378.34 cr on NSE
Motherson Sumi to consider bonus issue
Most States oppose inclusion of petrol, liquor under GST
HDFC profit at Rs.1,266 crore, in line with estimates
ONGC interested in exploring oil and gas in Arctic offshore
Canadian pension funds show interest in India’s proposed infra trust funds
Reliance Life Sciences enters anti-cancer market
India’s sugar production falls 4.5%
Cabinet eases policy for telecom equipment procurement
Asian Paints Q2 profit up 37 pct at Rs 326.84 cr
L&T Infotech eyes Polaris Financial Technology's services biz in $400 mn deal
Zee Entertainment Q2 profit jumps 26% to Rs 236.31 crore
Banks replace IT as key drivers of Indian shares
Whirlpool Q2 net profit declines 41.72% to Rs 16.54 cr
BHP gives up nine oil & gas exploration blocks in India
Pratibha Industries bags Rs 322 cr order from Rajasthan govt
MFs employ proxy firms for voting assistance
PM absolutely right in allocating mine to Hindalco: Montek
Chidambaram to meet PSU bank chiefs today
Radico Khaitan to hive off IMFL business ahead of stake sale
NSEL crisis: EOW to attach properties of accused
NHPC board to consider share buyback this week
Tata Steel to supply Britain's rail network for 5 more years
Installment under reverse mortgage scheme to be tax free
Govt hopeful of privatising six airports before LS polls
Tax bills pile up on Vodafone's account
Federal Bank to raise over $100 million
Revenues for institutional brokerages may shrink for third year in a row
DPs body may intervene in favour of NSEL e-series investors
Investments through P-Notes hit 10-month high at Rs 1.71-lakh cr
SEBI amends disclosure norms for pledged shares
Hunt begins for MCX, MCX-SX top brass
WDM witnesses trade worth Rs 2,378.34 cr on NSE
Motherson Sumi to consider bonus issue
Most States oppose inclusion of petrol, liquor under GST
HDFC profit at Rs.1,266 crore, in line with estimates
ONGC interested in exploring oil and gas in Arctic offshore
Canadian pension funds show interest in India’s proposed infra trust funds
Reliance Life Sciences enters anti-cancer market
India’s sugar production falls 4.5%
Cabinet eases policy for telecom equipment procurement
Asian Paints Q2 profit up 37 pct at Rs 326.84 cr
L&T Infotech eyes Polaris Financial Technology's services biz in $400 mn deal
Zee Entertainment Q2 profit jumps 26% to Rs 236.31 crore
Banks replace IT as key drivers of Indian shares
Whirlpool Q2 net profit declines 41.72% to Rs 16.54 cr
BHP gives up nine oil & gas exploration blocks in India
Pratibha Industries bags Rs 322 cr order from Rajasthan govt
MFs employ proxy firms for voting assistance
PM absolutely right in allocating mine to Hindalco: Montek
Chidambaram to meet PSU bank chiefs today
Intraday stock picks for October 22, 2013
Posted on Tuesday, October 22, 2013 by Unknown
| No comments
COMPANY NAME ACTION ENTRY PRICE TARGET STOP LOSS
UNIONBANK BUY 118.5-119 122.5-124 116.5
JINDALSTEL SELL 246-246.5 240-237 252.5
UNIONBANK BUY 118.5-119 122.5-124 116.5
JINDALSTEL SELL 246-246.5 240-237 252.5
Monday, October 21, 2013
Important Stock News to be watched for October 21, 2013
Posted on Monday, October 21, 2013 by Unknown
| No comments
US economy bruised by fiscal fight: Treasury Secretary
Ultratech Q2 net profit dips 52 per cent to Rs 264 crore
Subsidies for entrepreneurs in rural, urban areas: Minister
Roadshow for Coal India stake sale likely from Monday
India Inc strikes 113 PE deals for $2.1 billion in July-September
quarter
Bajaj Auto 6th among top 10 bike sellers in Africa
Capacity underutilisation to add auto cos' woes
Sebi to frame new guidelines for research analysts
Neyveli shortlists 18 proposals for overseas coal assets
RIL sparkles as 9 blue-chips add Rs 59,720 cr in m-cap
Relief for RCom, Tata Tele, as DoT says won't scrap licences
US coal miner offers ICVL stake in three operating mines
LIC cuts stake in Infy to 4.95%; sells Rs 3,400cr shares
Banks well capitalised to absorb losses due to project delays:
Rajan
Regulators widen global probe into $5-trillion a day forex
market
PMO defends coal block allotment to Hindalco
AP grants free ‘right of way’ for optical fibre network project
Unitech inks Rs 1,000 cr office leasing deal with Accenture
IT spend for banking and securities firms to grow 9.8%: Gartner
JPMorgan in $13 billion tentative deal with FHFA
Petronet LNG hit by low utilization levels
Indirect tax collections up 5.1% in Apr-Sep
Montek says current account deficit to fall below 3.8% this
fiscal
Tata Consultancy Services making 'serious investments' in big
data, cloud, mobility
Five years post-Lehman, top banks still face trust deficit: Survey
PFRDA makes changes in investment guidelines for pension
fund
Earnings, foreign fund movement to drive stock markets
Chanda Kochhar moves up on women power list: Fortune
17 million people jobless for more than a year, says OECD
DCB Bank not to seek extension to dilute promoter holding
CBI likely to file status report in coal scam on Oct 22
Draft rules on NFRA likely this week
Ultratech Q2 net profit dips 52 per cent to Rs 264 crore
Subsidies for entrepreneurs in rural, urban areas: Minister
Roadshow for Coal India stake sale likely from Monday
India Inc strikes 113 PE deals for $2.1 billion in July-September
quarter
Bajaj Auto 6th among top 10 bike sellers in Africa
Capacity underutilisation to add auto cos' woes
Sebi to frame new guidelines for research analysts
Neyveli shortlists 18 proposals for overseas coal assets
RIL sparkles as 9 blue-chips add Rs 59,720 cr in m-cap
Relief for RCom, Tata Tele, as DoT says won't scrap licences
US coal miner offers ICVL stake in three operating mines
LIC cuts stake in Infy to 4.95%; sells Rs 3,400cr shares
Banks well capitalised to absorb losses due to project delays:
Rajan
Regulators widen global probe into $5-trillion a day forex
market
PMO defends coal block allotment to Hindalco
AP grants free ‘right of way’ for optical fibre network project
Unitech inks Rs 1,000 cr office leasing deal with Accenture
IT spend for banking and securities firms to grow 9.8%: Gartner
JPMorgan in $13 billion tentative deal with FHFA
Petronet LNG hit by low utilization levels
Indirect tax collections up 5.1% in Apr-Sep
Montek says current account deficit to fall below 3.8% this
fiscal
Tata Consultancy Services making 'serious investments' in big
data, cloud, mobility
Five years post-Lehman, top banks still face trust deficit: Survey
PFRDA makes changes in investment guidelines for pension
fund
Earnings, foreign fund movement to drive stock markets
Chanda Kochhar moves up on women power list: Fortune
17 million people jobless for more than a year, says OECD
DCB Bank not to seek extension to dilute promoter holding
CBI likely to file status report in coal scam on Oct 22
Draft rules on NFRA likely this week
Friday, October 18, 2013
Intraday Stock Pick of the Day October 18, 2013: BHARATFORGE & ONGC
Posted on Friday, October 18, 2013 by Unknown
| No comments
Intraday Calls
COMPANY NAME ACTION ENTRY PRICE TARGET STOP LOSS
BHARATFORGE BUY 273-274 279-283 267
ONGC BUY 281.5 287-289 277.5
Thursday, October 17, 2013
Intraday Calls for October 17, 2013
Posted on Thursday, October 17, 2013 by Unknown
| 2 comments
Intraday Calls for October 17, 2013
COMPANY ACTION ENTRY PRICE TARGET S.LOSS
ORIENTAL BANK SELL 153-154 148-145 158
Tuesday, October 15, 2013
Business & Economy News for October 15, 2013
Posted on Tuesday, October 15, 2013 by Unknown
| No comments
· Reliance net up a tad at 1.5%
· TCS shares at all-time high ahead of Q2 results
· FinMin wants to raise revenue through 3G auctions to tame
CAD
· Cairn wants to squeeze the last drop out of Barmer
· Bajaj Corp Q2 net down 6.22% at Rs 36.01 cr
· RIL first Indian firm to clock Rs 1-lakh-cr sales in a quarter
· In a first for a PSU, IOC buys 1 mn barrels of crude from Sterling
Oil's Nigerian fields
· ONGC's foreign arm to acquire 12% stake in Brazil block
· Tech Mahindra goes for growth by acquisition
· Reliance Retail sales up 31% in Q2
· IndusInd Bank net rises 32% on high interest, fee incomes
· India inflation rises to 7-month high
· Fortis to sell Quality Healthcare to Bupa for $355 mn
· Weak earnings outlook for capital goods companies
· NTPC plans to set up new mining unit for fuel security
· Reliance Infra to enter Nifty Midcap 50
· Nomura Singapore buys 11.74 lakh shares of Karnataka Bank
· CPI inflation quickens to 9.84% in September: Government
Data
· TCS shares at all-time high ahead of Q2 results
· FinMin wants to raise revenue through 3G auctions to tame
CAD
· Cairn wants to squeeze the last drop out of Barmer
· Bajaj Corp Q2 net down 6.22% at Rs 36.01 cr
· RIL first Indian firm to clock Rs 1-lakh-cr sales in a quarter
· In a first for a PSU, IOC buys 1 mn barrels of crude from Sterling
Oil's Nigerian fields
· ONGC's foreign arm to acquire 12% stake in Brazil block
· Tech Mahindra goes for growth by acquisition
· Reliance Retail sales up 31% in Q2
· IndusInd Bank net rises 32% on high interest, fee incomes
· India inflation rises to 7-month high
· Fortis to sell Quality Healthcare to Bupa for $355 mn
· Weak earnings outlook for capital goods companies
· NTPC plans to set up new mining unit for fuel security
· Reliance Infra to enter Nifty Midcap 50
· Nomura Singapore buys 11.74 lakh shares of Karnataka Bank
· CPI inflation quickens to 9.84% in September: Government
Data
Intraday Pick of the Day - October 15, 2013
Posted on Tuesday, October 15, 2013 by Unknown
| No comments
Pick of the Day
Intraday Calls
DATE COMPANY ACTION ENTRY PRICE TARGET SL
15/10/2013 ADANI ENT BUY 169-170 173-175 167
Intraday Calls
DATE COMPANY ACTION ENTRY PRICE TARGET SL
15/10/2013 ADANI ENT BUY 169-170 173-175 167
Monday, October 14, 2013
Business and Economy News for October 14, 2013
Posted on Monday, October 14, 2013 by Unknown
| 1 comment
· Policy soon to facilitate entry of foreign banks: Rajan
· IMF chief warns against drastic US spending cuts
· Deutsche Bank pegs farm output at around 8%
· NSEL fiasco: FMC to order special audit of MCX
· Stalled PPP infrastructure projects likely to get a renegotiation
clause
· US headed toward 'dangerous moment': World Bank
· Tata Tele to seek promoter funding to bid for spectrum
· RIL thrashes expert report on KG-D6 output fall
· Results, inflation, US debt cap to set market trend
· Shutdown talks go to Senate as debt deadline nears
· UK-based Clarks Footwear to add 15 more stores
· Apollo Hospitals to invest Rs 2,000cr in 3 years, add 2,800 beds
· Rs 15K cr alumina project to come up near Mundra: Minister
· Brazil factors begin driving up global sugar prices
· Banks’ earnings likely to moderate in Q2, say analysts
· Govt ready to take difficult decisions to check deficit: FM
· A bad certificate for Wockhardt
· Eight of top 10 cos add Rs 57,934 cr in m-cap
· American firm Liberty to help OVL exploit Russian shale
reserves
· Obama, Pelosi say ‘clean’ bills needed for US debt ceiling,
restart
· Regulators oppose govt move on free foreign listing
· Apollo-Cooper deal price may increase over USW union trouble
· M&M’s Spanish venture eyes acquisitions in new regions
· No immediate plans to launch marketplace for Indian public:
Alibaba
· Bharti Airtel raises ISD rates up to 80 pct, Idea Cellular by 25 pct
· Wipro, HCL in race for Rs 1,500 cr India Posts devices project
· Idea Cellular gets unified licence for seven circles
· Indian healthcare IT market may zoom to USD 1,454 mn in
2018
· Govt, RBI on right track to address any Fed tapering
· Results, inflation, US debt cap to set stock market trend
· MFs' exposure to software stocks dips to Rs 20,284 cr
· FIIs pull out $1.2b from debt market in two weeks
· MFIs come back with transparent pricing, better data capturing
· Rubber prices to fall more on weak global demand
· IMF chief warns against drastic US spending cuts
· Deutsche Bank pegs farm output at around 8%
· NSEL fiasco: FMC to order special audit of MCX
· Stalled PPP infrastructure projects likely to get a renegotiation
clause
· US headed toward 'dangerous moment': World Bank
· Tata Tele to seek promoter funding to bid for spectrum
· RIL thrashes expert report on KG-D6 output fall
· Results, inflation, US debt cap to set market trend
· Shutdown talks go to Senate as debt deadline nears
· UK-based Clarks Footwear to add 15 more stores
· Apollo Hospitals to invest Rs 2,000cr in 3 years, add 2,800 beds
· Rs 15K cr alumina project to come up near Mundra: Minister
· Brazil factors begin driving up global sugar prices
· Banks’ earnings likely to moderate in Q2, say analysts
· Govt ready to take difficult decisions to check deficit: FM
· A bad certificate for Wockhardt
· Eight of top 10 cos add Rs 57,934 cr in m-cap
· American firm Liberty to help OVL exploit Russian shale
reserves
· Obama, Pelosi say ‘clean’ bills needed for US debt ceiling,
restart
· Regulators oppose govt move on free foreign listing
· Apollo-Cooper deal price may increase over USW union trouble
· M&M’s Spanish venture eyes acquisitions in new regions
· No immediate plans to launch marketplace for Indian public:
Alibaba
· Bharti Airtel raises ISD rates up to 80 pct, Idea Cellular by 25 pct
· Wipro, HCL in race for Rs 1,500 cr India Posts devices project
· Idea Cellular gets unified licence for seven circles
· Indian healthcare IT market may zoom to USD 1,454 mn in
2018
· Govt, RBI on right track to address any Fed tapering
· Results, inflation, US debt cap to set stock market trend
· MFs' exposure to software stocks dips to Rs 20,284 cr
· FIIs pull out $1.2b from debt market in two weeks
· MFIs come back with transparent pricing, better data capturing
· Rubber prices to fall more on weak global demand
Economic News for October 14, 2013
Posted on Monday, October 14, 2013 by Unknown
| No comments
The Indian rupee strengthened for a second straight session on Friday, helped by good dollar sales by corporates and as emerging currencies rose as risk sentiment improved on growing hopes for a U.S. debt deal in Washington.
Traders are hoping for more clarity on the U.S. debt ceiling resolution. On Friday, the dollar traded near a two-week peak versus the yen, while growth-linked currencies such as the Indonesian rupiah outperformed.
Reserve Bank of India Governor Raghuram Rajan said on Thursday the country is not nearly as troubled as investors fear and stressed that the government has plenty of money to meet its obligations.
Traders are hoping for more clarity on the U.S. debt ceiling resolution. On Friday, the dollar traded near a two-week peak versus the yen, while growth-linked currencies such as the Indonesian rupiah outperformed.
Reserve Bank of India Governor Raghuram Rajan said on Thursday the country is not nearly as troubled as investors fear and stressed that the government has plenty of money to meet its obligations.
Friday, October 11, 2013
Important news for today: October 11, 2013
Posted on Friday, October 11, 2013 by Unknown
| 1 comment
· Shutdown: Republicans unveil plan to
avert US default
· After Walmart, govt hopes Tesco to open shop in India
· Reliance Industries to take up oil block in Venezuela
· RBI allows lenders to borrow from global bodies
· US levies $118,300 in fines for Texas fertilizer blast: senator
· Finnish trade minister to lead biz delegation to India
·Venezuelan oil major inks pact with RIL, OVL
· Apollo backs out after Cooper's profit forecast falls
· World stocks, dollar rally on hopes of US debt deal
· Sebi mulls raising MFs' minimum capital base to Rs 25 cr
· RBI sold $ 2.46 bn in spot market in August
· Planning Commission slams Rajan report
·iGate Q3 net up 12.7%; to invest $120 m in infrastructure
· SEBI official to assist Commodity Derivative Section in FinMin
· Telecom security testing deadline extended to July
· Kotak Bank cuts interest rates on home, car loans
· Hit by Indian slowdown, South Asian nations must work on
reforms: World Bank
· IL&FS Engineering gets board approval for rights issue
·Rupee rises to 61.36 as govt seeks more dollar inflows
· Indian Oil Corp’s bid for Haldia Petrochemicals stake accepted
· Telecom ministry node for new licence to Reliance Jio
· Sebi to allow REITs in India
· Glenmark sues six US drug makers
· RBI grants infrastructure NBFC status to IIFCL
·Lotus Refineries demand probe into NSEL's settlement
procedure
· Hinduja Automotive buys 2.6 crore shares of Ashok Leyland
· Ficci's India economic outlook lowers growth to 5 pct
· International Finance Corporation launches USD 1 billion bond
programme for India
· After Walmart, govt hopes Tesco to open shop in India
· Reliance Industries to take up oil block in Venezuela
· RBI allows lenders to borrow from global bodies
· US levies $118,300 in fines for Texas fertilizer blast: senator
· Finnish trade minister to lead biz delegation to India
·Venezuelan oil major inks pact with RIL, OVL
· Apollo backs out after Cooper's profit forecast falls
· World stocks, dollar rally on hopes of US debt deal
· Sebi mulls raising MFs' minimum capital base to Rs 25 cr
· RBI sold $ 2.46 bn in spot market in August
· Planning Commission slams Rajan report
·iGate Q3 net up 12.7%; to invest $120 m in infrastructure
· SEBI official to assist Commodity Derivative Section in FinMin
· Telecom security testing deadline extended to July
· Kotak Bank cuts interest rates on home, car loans
· Hit by Indian slowdown, South Asian nations must work on
reforms: World Bank
· IL&FS Engineering gets board approval for rights issue
·Rupee rises to 61.36 as govt seeks more dollar inflows
· Indian Oil Corp’s bid for Haldia Petrochemicals stake accepted
· Telecom ministry node for new licence to Reliance Jio
· Sebi to allow REITs in India
· Glenmark sues six US drug makers
· RBI grants infrastructure NBFC status to IIFCL
·Lotus Refineries demand probe into NSEL's settlement
procedure
· Hinduja Automotive buys 2.6 crore shares of Ashok Leyland
· Ficci's India economic outlook lowers growth to 5 pct
· International Finance Corporation launches USD 1 billion bond
programme for India
·Detailed guidelines on disclosures by
listed firms soon: Sebi
· Morgan Stanley bearish on gold, sees more fall in 2014
· Israel wants to include talent sharing in FTA with India
· SAT sets aside Sebi order against Earnest Healthcare
· Finmin mulls additional fund infusion of Rs 4-5K cr in banks
· JSW Steel Q2 steel production up 5.67% at 2.98 MT
· Morgan Stanley bearish on gold, sees more fall in 2014
· Israel wants to include talent sharing in FTA with India
· SAT sets aside Sebi order against Earnest Healthcare
· Finmin mulls additional fund infusion of Rs 4-5K cr in banks
· JSW Steel Q2 steel production up 5.67% at 2.98 MT
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