2 votes
Ranbaxy Laboratories Ltd said its President and Chief Financial Officer, Mr Omesh Sethi, has resigned with effect from January 25. This is the third high profile executive to exit the pharmaceutical company after Japanese drug firm Daiichi Sankyo
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4 votes
The initial public offering of Omkar Speciality Chemicals, which closed on Thursday, was subscribed 4.67 times. It received bids for 3.77 crore shares against the 81 lakh shares on
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3 votes
Dalmia Bharat Enterprises, the demerged entity of Dalmia Cement (Bharat), made its debut on the bourses on Thursday on a volatile note. The stock opened at Rs 190 on the NSE and during the intraday, it touched a high of Rs 227 and a low of Rs
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2 votes
SEBI's proceedings against Price Waterhouse (PW) in the Satyam fraud case took a new turn with the audit firm appealing to Securities Appellate Tribunal (SAT) against the market regulator's latest
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8 votes
The shares of Midvalley Entertainment closed 17 per cent lower at Rs 58.05 against the issue price of Rs 70 on its trading debut on Thursday. During intra-day, the stock touched a high of Rs 76.5 and a low of Rs 55 after opening at at Rs.73. The
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2 votes
Driven by higher volumes, Bajaj Electricals' consumer durable segment sales bolstered its overall performance for the third quarter of FY11. Sales growth came at 19 per cent primarily aided by a 34 per cent increase in revenues of the consumer
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2 votes
Although the Indian capital market seems fairly valued, many mutual fund managers believe the Sensex has potential to climb to the 22,000-24,000 band by the yearend, according to a survey by ICICI Securities
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4 votes
All that glitters is certainly gold in the present volatile market conditions, prompting jewellery retail chains to enter the capital market to expand their businesses and raise additional
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5 votes
Participatory notes gained notoriety in the last quarter of 2007 when market regulator SEBI clamped down on the issue of these
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8 votes
HDFC Bank continues to deliver a strong profit growth, 32.9 per cent year-on-year, thanks to expansion in advances translating to strong net interest
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5 votes
We recommend a sell in the stock of Tata Chemicals from a short-term perspective. It is seen from the charts of the stock that after encountering long-term resistance (May 2008's peak) around Rs 440 in October 2010, it changed direction and began
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8 votes
The ultracompetitive market and uncertainty over the impact of mobile number portability have eroded the confidence of domestic institutional investors (DIIs) that have been paring their stakes in Bharti Airtel, Reliance Communications, Tata
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9 votes
Foreign institutional investors continued to buy into Indian stocks in December quarter even as domestic mutual funds remained on sell
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9 votes
When Wipro suddenly announced on January 21 that both its joint CEOs — Mr Suresh Vaswani and Mr Girish Paranjpe — had decided to step down and the two would be replaced by Mr T.K. Kurien, its scrip was battered the next trading day.
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7 votes
We recommend a buy in the stock of Asahi India Glass from a short-term perspective. It is evident from the charts of the stock that since bottoming out in March 2009 after touching a low of Rs 33, the stock has been on a long-term uptrend forming
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