The Hyderabad-based infrastructure company, Ramky Infrastructure has divested part of its stake in a special purpose vehicle created to execute a road project in Madhya Pradesh to Era Infra. Ramky brought down to 26 per...
Brent spot price which showed signs of cooling off has gained USD 24 from its recent low of USD 88 in six weeks.The crude which scaled to its historical high of USD 144 per barrel...
VIX is the most prominent barometer of risk that is available in the market. Many banks tried to bring in their versions of risk barometer with much fanfare but failed to impress the market. VIX...
Today Nifty gapped up by more than 30 points and then started to slide down as if it was destined to spend the day to fill up the gap.Market hates to leave any gap unfilled...
In March, EU countries endorsed the fiscal treaty and ESM rescue fund. Now, on the last day before the parliamentary summer break, Germany’s upper and lower houses are expected to ratify it. But there is...
Gati Ltd in a filing with the BSE said company plans to pay a special dividend of 30 per cent to the shareholders of the company for the financial year 2011-12. The decision is being...
India’s three oil marketing companies have decided to reduce petrol prices by a minimum of Rs.2.46 a litre, depending on states’ sales taxes, from midnight. In Delhi, the revised price for a litre of petrol...
NIFTY shut shop 21 points higher ahead of Future and Option market expiry tomorrow. It was very range bound market and NIFTY hovers between a small band of 25-30 points. Street and market participants are...
Morgan Stanley has maintained its ‘underperform’ rating on State Bank of India, with a target price of Rs 1,425, after a meeting with the lender’s management. Deteriorating asset quality coupled with slowdown and high interest...
It is most anticipated event for the financial community from where market participants gets cues for the current state of affairs and central bank’s take on various issues such as liquidity, interest rates, fiscal deficit...
Dr Prathap Reddy promoted Apollo Hospitals Group [stockquote]APOLLOHOSP[/stockquote] will invest Rs 1,500 crore on capacity expansion in next 3 years. It will increase the number of its beds to more than 11,500 by March 2014....
Essel Group promoted by Subhashchandra Goyal today clarified that there is no intent to hike stake in IVRCL Ltd. Currently it holds 12.27 per cent it hyderabad based construction comapny. Todays clarification holds significance as...
