Steel pipe producer Welspun Corp was up three per cent in Thursday's trade on news of the company bagging orders worth Rs 700 crore. These orders take the company's order book to Rs 5,400 crore, enhancing earnings visibility and improving
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The promoters of Binani Cement have increased their stake in the company by five per cent through buyback by paying Rs 130 crore, the company said in a filing with
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We are overweight energy, industrials, materials telecom and underweight healthcare, utilities, consumer discretionary, financials technology, says Ridham Desai of Morgan Stanley.
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Ashika, a local financial services company, has drawn up plans to extend its network to tier two and three cities in West Bengal, Bihar, Jharkhand and Orissa. The company has identified 100 small towns in the three States where it will appoint
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US universities are producing too few engineers to meet industry demand, Indian outsourcing companies say, leaving such businesses little choice but to hire foreign skilled workers to fill jobs in America
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Concerns over lower return on equity from Adani Power's Mundra Phase-III project following a recent ruling appear to be
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Film production, distribution and exhibition company Midvalley Entertainment is planning to Rs 60 crore from the capital market.
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Turnover remained healthy at Rs 84,089.47 crore on Thursday. The Nifty futures remained in the premium to close at 5498.85 over the spot close of 5486.15. The Nifty futures added 10.6 lakh shares or 3.23 per cent in open
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In an interview with CNBCTV18, Rahul Shah, MF Global says, even if there is a correction in the market, it is not going to be steep.
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Brokerage firm Angel Broking feels the current fiscal will be a tough year for the cement sector. In an interview with CNBCTV18's Latha Venkatesh and Anuj Singhal, Rupesh Sankhe, Cement Analyst, Angel Broking said excess supply is going to hurt cement players badly in FY11.
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One of the retail-fancied and trade-driven counters, IFCI, on Wednesday moved up more than one per cent to close at Rs 59.35, with decent volumes but lower than the
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Within days of Reliance Industries stepping into EIH, the founder and Chairman of Max India, Mr Analjit Singh — who was at one point on the verge of becoming a co-promoter in the hospitality company — is now on his way
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There is no reason to get apprehensive about the future just yet, believes Anand Tandon, director (equities) at Brics Securities. Talking to CNBCTV18, he said the markets will not correct to the extent of 2008 levels. In fact, markets should move up a little if global cues exhibit stability.
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If the recent spate of orders flowing in to its Engineering & Project division is anything to go by, Bajaj Electricals could well be moving up the chain from an electrical appliances company to a power engineering
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