1 vote
The battle for Fame India is set to intensify further with Inox and Reliance MediaWorks (RMW) starting their open offer schedules from December 16 to January 4 for a controlling stake in the multiplex operator. In a communiqué to the BSE the
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1 vote
The prospect of having to trim their net interest margins, their exposure to telecom companies that won 2G licences out of turn, and the bribes-for-loans scandal spooked bank stocks on Thursday. The benchmark Bankex slid 3.24 per cent (or 424
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1 vote
We recommend a sell in the stock of IDBI Bank from a short-term perspective. The charts show that the stock, after recording an all-time high of Rs 202 on November 11, changed direction triggered by negative divergence displayed in the daily
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1 vote
The physical gold underlying the Gold ETF units will now have to be verified by auditors and reported in the half yearly report submitted by trustees of the fund to the
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1 vote
Despite increase in unemployment rate, the US equities ended firm. The Dow Jones Industrial Average added 2.6 per cent and the S&P-500 3 per cent; the tech-focussed Nasdaq jumped 2.2 per
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1 vote
The follow-on offering of Shipping Corporation, which closed on Friday, was subscribed 4.92 times. The retail portion was subscribed 6.56 times, where a total of 19.33 crore shares were bid for against the 2.94 crore shares on offer. The HNI
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1 vote
Motilal Oswal Asset Management Company Ltd and the Nasdaq OMX Group, Inc. have filed for an open-ended index ETF, Motilal Oswal MOSt Shares Nasdaq-00 ETF, which seeks to track the Nasdaq-100
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1 vote
Owing to the volatility in the market, November saw arbitrage funds doing much better than the benchmark
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1 vote
The BSE Sensex is likely to see an 8 per cent increase from its current levels by December 2011, according to Credit
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1 vote
The LIC Housing Finance stock, which was battered since November 24 after the bribe-for loan-issue broke out and its CEO, Mr R.R. Nair, was arrested by the CBI, witnessed a slight turnaround in its fortunes since
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1 vote
Shipping Corporation of India's approximately Rs 1,200-crore follow-on public offering will open on
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1 vote
We recommend a buy in the stock of OnMobile Global from a short-term perspective. It is apparent from the charts that the stock has been on a long-term downtrend from its July 2009 peak of Rs 682, forming lower peaks and lower troughs. In early
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1 vote
Norges Bank, the central bank of Norway, has increased its stake in the Hyderabad-based infrastructure company, IVRCL Infrastructures & Projects Ltd, and has crossed the 5 per cent of the paid-up capital of the
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1 vote
One97 Communications, a provider of telecommunication value added services, said that its Rs 120 crore initial public offering will open on December
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1 vote
The Money Matters Financial Services Ltd (MMFSL) scrip closed at Rs 531.2 on Wednesday, down Rs 132 or 19.99 per cent, after hitting the lower circuit during the
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