"Markets" tag

INR opens strong, MCX fut at 55.3975-55.40

Indian rupee appreciates by 12 paisa or 0.23% in opening trade here at MCX.

Express Morning – News & Events for 10-Sep-2012

Mumbai : A summary of important events and top news paper headlines for 10th September 2012. Main Events : 09:30 am – Minister of State for Health Bandyopadhyay, Health Secretary Pradhan, and Director General of...

30 steel projects started production in Odisha

Odisha steel and mines minister Rajanikanta Singh said that thirty steel projects have started production in the state. Mr Singh said that a high-level meeting to review the progress of steel projects and identify the...

TCS gets Rs.103 crore Bengal contract

The West Bengal government Friday awarded a Rs.103 crore contract to Tata Consultancy Services (TCS) for designing and implementing ICT solutions for the rural employment guarantee scheme in the state. The state government’s panchayat and...

Fuel price hike in coming week

Oil minister Jaipal Reddy made it clear that there is no immediate petrol price hike on card, it has been widely believed that once Sonia Gandhi returns from abroad a decision to raise Diesel, LPG...

CLSA upgrades RIL, Price target 850

Institutional Brokerage firm CLSA today has upgraded Reliance Industries Ltd (RIL) to outperform. It has raised price target from 790 to 850 per share. One of the key trigger for the upgrade are Approval from...

IMG review of coal blocks ends, report on Monday

The Inter-Ministerial Group (IMG) on coal block allocation will submit its report to Coal Ministry on Monday. After submitting the report to the Coal Ministry on Monday, report will be forwarded to the Prime Minister’s...

MRPL short-term debt – CP assigned ICRA A1+

ICRA has assigned ICRA A1+ rating to the enhanced short term debt – commercial paper programme of Rs. 900 Cr (enhanced from Rs. 300 Crore) of Mangalore Refinery and Petrochemicals Ltd (MRPL). The outlook on...

OVL buys 2.36% in Baku-Tbilisi-Ceyhan Pipeline

ONGC Videsh Ltd (OVL) buys 2.36% stake in Baku-Tbilisi-Ceyhan Pipeline along with oilfieds for a sum of $1bn. The 1,768-km Baku-Tbilisi-Ceyhan pipeline has the capacity to transport around 1.0 mln barrels of oil per day...

OVL acquires stake in Azeri oilfield & pipeline for $1 bln

ONGC Videsh Ltd (OVL), the overseas arm of oil & gas major ONGC,  have entered into an agreement to acquire Hess Corporation’s 2.72% participating interest in the Azeri, Chirag and the deep water portion of...

MTNL to de-list from Delhi, Calcutta and Madras stk exchange

MTNL plans to de-list shares from Delhi, Calcutta and Madras stock exchanges as part of cost reduction measures.

Glenmark : USFDA review of Crofelemer drug

Glenmark Pharmaceuticals will be in focus as the company’s collaborative partner, Salix Pharmaceuticals on Wednesday, 5 September 2012, announced that the US Food and Drug Administration has advised the company that the new drug application...