"Markets" tag

Educomp secures Rs 209-cr order from Assam Govt

Under the ICT@Schools project, Edureach, a division of Educomp, [stockquote]EDUCOMP[/stockquote] has bagged an order worth Rs 209 crore from the Assam Government. Company has signed the agreement with Assam Electronics Development Corporation Ltd, Government of...

Rollback iron ore export duty : Miners to Govt.

The mining industry has sought a rollback in export duty on iron ore, currently  at 30 per cent. Late December, the Government had hiked the export duty on iron ore fines and lumps to 30...

KFA will resume payment of staff salaries

Chairman and managing director, Vijay Mallya, said in a letter to employees today that Kingfisher Airlines [stockquote]KFA[/stockquote] will resume payment of staff salaries starting this week after tax authorities unfroze its bank accounts. Mallya sent...

HCL Info tie-up with Dyarco International

HCL Info[stockquote]HCL-INSYS[/stockquote] has tie-up with Dyarco International WLL, a business consultancy and subsidiary of Al Faisal Holdings launched operations in Qatar. The company will offer a spectrum of ICT products that include computing, storage, networking,...

Maruti post record monthly sales in March

Maruti Suzuki [stockquote]MARUTI[/stockquote]India has reported the highest-ever monthly sales in March at 1,25,952 units, up 3.28 per cent from the same month last year. The company’s earlier highest for total and domestic sales stood at...

Get ready to furnish Foregn Assets in new I-Tax forms

In case you hold foreign bank accounts or properties, be ready to provide more information from now onwards as part of Income Tax Return (ITR) disclosure. With a view to keep tab on Black Money...

KFA suspends more flights

Kingfisher Airlines [stockquote]KFA[/stockquote] which operated to about 60 destinations has reduced its flights to less than 30 cities. Hyderabad, Kolkata, Patna, Lucknow, Thiruvananthapuram, Bhubaneshwar are among the cities to which the airline has “temporarily suspended”...

Weakness will persist – Buy 5300 Put

CAG’s report on Coal blocks allotment and weakness in west will keep Indian market under pressure. Yesterdays  sell off will not augur well for investor as they would be wary in deploying cash at lower...

Nifty rises 90 pts, more upside expected

In an all round buying session NIFTY rose 90 points and managed to close at 5365. Except first one hour breadth of market improved and continued to get better and better. Trader would approach market...

EGoM to decide on Vedanta’s offer for BALCO & HZL

Empowered Group of Ministers headed by finance minister Pranab Mukhrjee will decide in to the proposal made by Vedanta resources to buy residual stake for government owned BALCO and Hindustan Zinc Ltd (HZL). It had...

MahSatyam -TechM merger approved : Swap ratio 2:17

Boards of Mahindra Satyam[stockquote]SATYAMCOMP[/stockquote] and Tech Mahindra [stockquote]TECHM[/stockquote]at their respective meetings today approved the proposed merger of Mahindra Satyam with Tech Mahindra along with wholly-owned subsidiaries.  Swap ratio of 2:17 i.e. shareholder of Mahindra Satyam...

What Options data indicates – 5150 key level to watch out

In a choppy session Index(NIFTY) managed to hold some gains and closed with a net gain of 18 points to 5297. Even though it fails to move above key resistance level of 5350-5370. Open Interest...