Markets News
Tata Motors raises 350 mln Singapore dollars via securities
Press Trust of India: New Delhi, May 18, 2013 at 1600 hrs ISTNet proceeds from issue will be used for redemption of preference shares issued to Tata Motors.JM Financial hits 52-week high on Vikram Pandit alliance
fe Bureau: Mumbai, May 18, 2013 at 0055 hrs ISTShares of JM Financial surged to a 52-week high on Friday after the Mumbai-based diversified financial services firm announced its alliance with Vikram Pandit late Thursday.Markets gain for fifth straight week on FII buying & hopes of rate cut
fe Bureau: Mumbai, May 18, 2013 at 0045 hrs ISTIndian equities rallied for a fifth consecutive week as a drop in inflation levels raised expectations of steeper rate cuts by the central bank.BSE slaps restriction on 29 scrips for failure to meet Sebi norms
Press Trust of India: Mumbai, May 18, 2013 at 0059 hrs ISTBSE has imposed restrictions on trading of 29 stocks for failing to convert at least half of the public shareholding into dematerialised format.Valuations in PE space finally becoming reasonable
Shruti Ambavat: May 18, 2013 at 0057 hrsPrivate equity firm Actis Advisers has invested $1.2 billion in India across deals in the power‘Overweight’ on HDFC, target R1,125
Morgan Stanley: May 18, 2013 at 0047 hrsWe reiterate our ‘overweight’ rating on HDFC and increase the price target to R1,125 (R1,010 earlier) as strong growth, strong balance sheet and average multiples imply a big upside potential.
Drug pricing policy to have limited impact
Prashant: May 18, 2013 at 0049 hrsThe Department of Pharmaceuticals’ (DOP) notification on the Drug Price Control Order is likely to have limited negative impact to our coverage universe.BSE slaps restrictions on 29 stocks for failure to meet norms
Press Trust of India: Mumbai, May 17, 2013 at 1538 hrs ISTBombay Stock Exhcange slaps restrictions on trading of 29 stocks for failure to meet norms
Weekly review: Market shrugs off deficit gap, rallies fifth week in a row
PTI: Mumbai, May 18, 2013 at 1527 hrs ISTDrop in inflation propelled market sentiment on hopes that RBI will cut rates in forthcoming policy meeting.Sebi bars Kolkata-based Basil from raising funds from public
Press Trust of India: Mumbai, May 17, 2013 at 1557 hrs ISTSEBI bars Kolkata based Basil International, its promoters and directors from raising money.
After Vikram Pandit tie-up, JM Financial shares surge 17%
PTI: Mumbai, May 17, 2013 at 0923 hrs ISTA block deal of 599,850 shares JM Financial's shares were also sold at 26 rupees.
BSE Sensex rises for 4th day as ICICI Bank, L&T, Infosys shares gain
Reuters: Mumbai, May 17, 2013 at 1606 hrs ISTBSE Sensex today rose by 39 points to close at fresh 28-month high of 20,286.12.Apollo, GlaxoSmithKline shares surge on MSCI inclusion
PTI: New Delhi, May 16, 2013 at 1940 hrs ISTApollo Hospitals Enterprise was the biggest gainer climbing 8.51 per cent to close at Rs 1,048.BSE Sensex edges lower, Ambuja Cements, Grasim Industries shares jump
Reuters: May 17, 2013 at 1516 hrsBSE Sensex was down 0.09% while the broader NSE Nifty index fell 0.07%.
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FE@CAMPUS MASTERMIND: Response by Manu Gupta to question for April 1-7Is a BRICS- led development bank- to rival Western-dominated...
