In a major step, SBI Capital Markets, India's leading investment banker, has decided to enter commodity broking and expand aggressively its online equity trading to take on competition from ICICI in the sector.
The fast moving consumer goods index was the lone survivor -- gaining 3.24 per cent. Tobacco-to-hotels major ITC rose on account of its better-than-expected quarterly results.
As a part of its localisation strategy, the $13.9 billion Chinese consumer durables major, Haier's Indian operations on Friday announced the acquisition of Daewoo Anchor Electronics in India.
Unstable markets have prompted Puravankara Projects, a Bangalore-based real estate company, to revise its initial public offer price from Rs 500-525 per share to Rs 400-450 per share.
Friday's fall of 541.74 points in the Sensitive Index of the Bombay Stock Exchange ranks fourth in absolute terms and 12th in percentage terms.
DLF, with Rs 1,14,745 crore (Rs 1,147.45 billion) market capitalisation, has grabbed the seventh position, relegating Infosys, with Rs 1,11,357 crore (Rs 1,113.57 billion) m-cap, to the eighth position.
Purchasing a desktop or a laptop today is both easy and complex.
As real estate investment trusts are yet to take shape in India, about a half a dozen realty firms have started the spadework for listing REIT-like vehicles on the Singapore Stock Exchange.
This is for the second time that Tata Steel is getting into a take-over battle. It acquired the Anglo-Dutch steel company Corus Group after beating rival suitor, CSN of Brazil, through auction.
Alliance Air, the feeder subsidiary of Indian Airlines, may fly Russian defence aerospace major Sukhoi's new civilian jet to connect regional locations in the country.
MCX deputy managing director Joseph Massey said it was a "routine investigation" by the IT department at the exchange.
The transaction was to be completed by June.
The Vinod- and Pramod Mittal-controlled Ispat Group is all set to invest around $3 billion (Rs 12,000 crore) in Bangladesh in a gamut of sectors, including gas exploration and production, power, petrochemicals and coal mining.
Even though the two state-owned airlines, Indian Airlines and Air India, have announced a merger, the country is on its way to once again have two scheduled airlines controlled by the government.
GMR evinces interest in the project.
The causes are symptomatic with the UPA's failure to get going on the infrastructure front -- a key bottleneck as well as its inability to push agriculture growth, which slowed down from 6 per cent in 2005-06 to 2.7 per cent the year after.
SK Jain, who heads NPCIL and Bhavini, tells Vandana Gombar Ayyagary and Sumana Guha Ray about how NPCIL is best placed to take India's nuclear power ambitions forward.
The government on Thursday cleared the proposed Bill for setting up the Airport Economic Regulatory Authority.
Dealers expect 10-15% fall in April sales; car makers look at lowering total cost of ownership for consumers.
Sources said the acquisition might be one of the biggest deals till date in the domestic shipbuilding industry. A comparable new shipyard would have cost Rs 200-250 crore.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances