Sixty out of 154 mutual funds have underperformed their benchmarks by over 30 per cent
Colgate Palmolive, which sells oral and personal care products under the Colgate brand, said the ongoing strike will not have any impact on its business as it has made alternate arrangements to tackle it.
'With such brilliant people like Dr Manmohan Singh, Pranab Mukherjee and P Chidambaram around, our \n\neconomic agenda will be the best,' says Congress leader Jairam Ramesh, who is in charge of drafting the \n\nnew government's Common Minimum Programme.
Reliance Energy Ltd said on Thursday it has got shareholders' approval for the merger of Reliance Energy Ventures Ltd with itself.
Buckling under pressure from market regulator Securities and Exchange Board of India, Bombay Stock Exchange and the investors, the Gujarat government-backed Sardar Sarovar Narmada Nigam Ltd on Friday postponed the May 28 meeting
Investors on Dalal Street seem to have nothing to fear as over 228 scrips on Wednesday surged to their upper circuit levels, even as the benchmark index Sensex had plunged 10 per cent to touch its lower limit in the morning trade. As per the data available on the Bombay Stock Exchange, 228 scrips across all groups touched their upper circuit limit, representing the cap on the upward movements, while just 132 stocks touched their floor limit.
Shareholders of Bombay Stock Exchange approved a bonus issue of 12:1 at an extraordinary general meeting held in Mumbai on Friday. The face value of the BSE share is Re 1.
Anil Ambani-controlled entertainment company Adlabs Films Ltd said on Thursday it will acquire a majority stake in Synergy Communications Pvt Ltd.
LIC sold a total of 58,29,103 shares of the company aggregating 2.018 per cent stake between August 24, 2009 and November 11, 2012 through the open market, Maruti Suzuki India said in a filing to Bombay Stock Exchange.
In 2008, Tata Communications had entered into a strategic partnership with BitGravity for licensing content delivery network technology and federation of networks of both entities.
Shares list at 21% premium over offer price of Rs 825.
HCL Technologies Ltd said on Tuesday its wholly-owned subsidiary HCL Australia Pty will enter into a partnership with La Trobe University, Australia, on Wednesday to work together on issues of mutual interest. \n
A look into the controversies the 42-year-old chairman and managing director of Jindal Steel and Power has battled in the last six months.
The hammering in the stock prices of the company, that was promoted by the family of disgraced Satyam founder B Ramalinga Raju started from January 7, the day Raju made public an about Rs 7,800-crore (Rs 78-billion) fraud. Shares of the company fell five per cent immediately after opening on the BSE and the National Stock Exchange and witnessed lows of Rs 117 on BSE and Rs 116.75 on NSE. On the volume front only 525 shares were traded on the bourses.
"The scope of SFIO investigation include looking into the state of affairs of the company and its subsidiary Sesa Industries Ltd, in respect of mismanagement, malpractices, financial and other irregularities."
Inflation, rate pressure and scams dampen mood, though demand remains strong.
The permission was given to the company to make the postal stamps available to its customers as a value addition.
The Reserve Bank of India will be closed on Wednesday as Maharashtra holds the assembly elections.
The board of directors of Visualsoft Technologies, which met on Wednesday, have decided to amalgamate Applabs Technologies and Esolutions with the company on stock-swap basis.
Aviation stocks - Jet Airways, Deccan Aviation, SpiceJet and Jagson Airlines - closed at their 52-week highs on the Bombay Stock Exchange on Tuesday in falling market. All the four stocks gained between 5 per cent and 20 per cent on Tuesday.
Ranbaxy Laboratories Ltd said on Monday it has entered into a licensing agreement with US-based Gilead Sciences Inc for manufacturing and marketing of Active Pharmaceutical Ingredient and formulations containing anti-HIV drug Tenofovir.
The results have not provided any positive surprise
UBS Securities, broking arm of the largest Swiss bank, and Australia's Macquarie Equities Research are the most bearish.
As part of the service, UAE-based Indian immigrants can transfer money to their families based in India and the service would complement existing remittance channels and make transferring money internationally more affordable, Tata Communications said in a filing to the Bombay Stock Exchange. In the first phase, this service would be extended to over 27 lakh subscriber base of mobile services operator Idea Cellular in Kerala.
Manoj Vaish, who has put in his papers as chief executive officer of the Bombay Stock Exchange, would be joining Dun & Bradstreet South Asia & Middle East Ltd as president (financial services).
The company has reorganised the Big Cinemas operations into geographies to adequately support its expansion in regional markets, Reliance MediaWorks said in a filing to the Bombay Stock Exchange. Big Cinemas would focus on the company's operations in North, East and Central India.
Realised volatility is a measure of actual price volatility, based on past price movements over a specific period of time.
The Microsoft-TCS virtualisation CoE is a joint initiative by the companies to accelerate the adoption of virtualisation technology in India, TCS said in a filing to the Bombay Stock Exchange on Tuesday. Virtualisation is the creation of a virtual (rather than actual) version of something, such as an operating system, a server, a storage device or network resources. This helps companies in cutting costs and optimising resources.
Tata Teleservices Maharashtra Ltd said on Friday that Ratan N Tata has been elected as the company's chairman. \n
Some analysts say it is too early to say anything about the prospects.
The board of directors of the company have approved that the funds be raised through various instruments.
The Reserve Bank's of India's (RBI's) decision to increase the key short-term interest rates by 25 basis points has been termed as in-line with the street expectations by marketmen.
Panacea Biotec Ltd said on Wednesday it has received pre-qualification accreditation from the World Health Organisation for the supply of recombinant Hepatitis B vaccine to UN agencies.
The Bombay Stock Exchange's benchmark Sensex is likely to hit the much awaited psychological level of 21,000 this week, driven by the smart Reliance numbers and expectations of robust listing of the Coal India IPO, say analysts.
The yellow metal dropped Rs 400 at Rs 11,550 per 10 gram, a level last seen on Sept 11, on brisk selling by stockists and investors after the Bombay Stock Exchange benchmark Sensex recorded a second steepest fall in its history. The stock markets nosedived and bullion prices collapsed after the Reserve Bank of India kept interest rates unchanged and downgraded the national economic growth to 7.5 per cent.
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