India's biggest drugmaker Ranbaxy Laboratories Ltd, which has decided to put its manufacturing unit in Ireland on the block, may sell it for 25-35 million Euros. \n\n
Transcript of the weekly market chat held on Tuesday.
Strong refining and petrochemical margins seen boosting consolidated net by up to 6%
'It's the brazen corruption involving politicians that makes you sit up years after the event,' notes Nivedita Mookerji after reading B K Syngal's Telecom Man.
Soumendra Nath Lahiri, senior VP, Equities, at DSP Merrill Lynch, says that they have maximum midcap exposure to media and IT in Opportunities Fund. The company has increased exposure to Mastek and Deccan Chronicle, he adds.
The underperforming metal for 2017 expected to return 17-20%
Bank of America Merrill Lynch believes this would ease pressures on CAD as $10 a bbl fall in oil price reduces CAD by $8 billion or 0.4 per cent of GDP.
Strong economic growth has made Asia home to some of the fastest-growing markets in terms of high net worth individuals, occupying five of the top 10 spots globally.
The rupee's stability in the last 12 to 18 months made corporates reduce hedging
Oracle Corporation's intentions to acquire an additional 35 per cent stake in i-flex Solutions may fail as its public offer did not meet with an adequate response
The hardening of the Wholesale Price Index follows an uptick in retail inflation.
Chief Investment Officer of Prudential ICICI, Nilesh Shah discusses the current situation of the market in terms of inflows, valuations and the general consensus on the market.
With consumer preferences swiftly shifting to cars, the two-wheeler market is expected to decelerate in two or three years, after a dream run of over a decade.
The proposed merger of state-owned carriers Air-India and Indian is expected to be completed in the current financial year, Civil Aviation Minister Praful Patel said on Monday.
Real estate, infrastructure, BPOs and telecom are likely to be the major sectors that will be going for fund raising.
A year after Bharti Airtel launched 4G services, there are only 6.5 mn users in the country
I would say don't look at the market because fundamentally our economy is good and one has to see the economic story of the country and not only the market.
The government on May 17 formed a five-member committee.
The Tata Consultancy Services offer price of Rs 775-900 is attractive from a long-term perspective.
Oracle Global (Mauritius) along with Oracle Corporation has made an open offer to acquire 20 per cent equity of i-flex Solutions.
We have to get used to oil prices at $100 a barrell.\n
The government planned to borrow 10-15 per cent of the total borrowing offshore. That works out to at least Rs 71,000 crore, or about $10.4 billion at Friday's exchange rate.
Investors must keep in mind that the bank has significant room for improvement, which could justify its aggressive valuations of Rs 275.
Increasing spending by India's middle class, which some estimate is over 300 million-strong, will propel growth in the country's real estate sector from the current $12 billion to $45-50 billion by 2010, a study said.
Overall, the positives in favour of ONGC seem to outweigh the negatives from a long-term perspective.
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