All requisite approvals are in place for the listing of L&T Finance and “we are waiting for the right opportunity,” said Mr J.P. Nayak, President and Board Member, Larsen & Toubro, at a press meet here and asked when this
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The RBI's move on Tuesday left the equity investment strategist mindful of inflation-adjusted returns from the equity
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Idea Cellular seems to be well on the road to recovery, with its fairly sound performance in the December quarter reinforcing its strengthening footprint as a pan-India
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Indian mutual fund houses have seen a higher drop in their AUMs this fiscal to date, than the foreign fund houses have, according to data available on the SEBI Web
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Mr SSN Moorthy, former chairman of Central Board of Direct Taxes, became a member of Securities Appellate Tribunal on Monday. The position was vacant following the retirement of Mr Samar
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ONGC will file a red herring prospectus (RHP) for its follow-on public offer (FPO) by February 20. A decision to this effect was taken on Monday at a FPO kick-off meeting held by the Disinvestment Department in the Finance
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The open offer by the promoters of the Religare Enterprise was a no-show, as they could only mop up shares of the company worth a 0.1 per cent stake. The promoters were looking at acquiring 20 per cent from the public (2.7 crore shares) at Rs 457
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Tyre-maker Dunlop, on Monday, said the open offer by Wealth Sea Pte Ltd to acquire 20 per cent stake in the company, will close on February 7
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The board of SEBI is set to meet on February 7, according to persons familiar with the
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Market experts are concerned by the uncertainty over the ramp up of Reliance Industries' exploration and production business going forward. HSBC Securities in its result update has expressed concern that RIL's current gas production of 52-53m
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Why do companies want to delist from the leading bourses could be a pertinent question to ask at this
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We recommend a buy in the stock of Electrotherm (India) from a short-term perspective. It is seen from the charts of the stock that since January 2010 peak of Rs 411, it has been on an intermediate-term downtrend. Medium and short-term trend is
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The US stocks ended on mixed note last week after Goldman Sachs' and Citigroup Inc's financial performance failed to meet street expectations even as General Electric results boosted sentiment. The S&P 500 declined 0.8 per cent, while the Dow
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I purchased Great Offshore January futures at Rs 383, which is down sharply to Rs 340. I am not in a position to book the loss, but if required I can add one more lot to average. Please suggest a way to reduce loss and come out with profit? - C.N.
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Dalal Street seems to feel that the near-term movements of the key indices are linked to what the RBI will announce on Tuesday. The central bank's actions on the interest rate and liquidity fronts will help the market movers fine-tune their
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