Do you expect Nifty to touch the 5200 levels by December? Nov 17, 2009
Bombay Stock Exchanges Sensex closed at 17,011 ... Bombay Stock Exchanges Sensex closed at 17,011. (India Times)
Market Watch: Nifty drifts lower; DLF, ONGC, M&M down Nov 17, 2009
Bombay Stock Exchanges Sensex was at 16,927. 80, down 104. (India Times)
Sensex records best weekly rise in 11 weeks Nov 14, 2009
The Bombay Stock Exchanges (BSE) Sensex climbed 0 ... The Bombay Stock Exchanges (BSE) Sensex climbed 0. (India Times)
TCS to create jobs in US Nov 14, 2009
"Dow Chemical and TCS plan to form an innovative business alliance that will provide critical business services to Dow, its subsidiaries and joint ventures," TCS said in a filing to the Bombay Stock Exchange. As part of the alliance, Dow and TCS are planning to build a new service centre at a site near Dow's global headquarters in Midland Michigan, the US. This would result in creation of new jobs. (India Times)
Mkt poised, global cues key Nov 14, 2009
Bombay Stock Exchanges Sensex settled at 16,848. 83, higher by 4. (India Times)
Ratan Tata brings in GenNext to run individual businesses Nov 13, 2009
MUMBAI: Two decades back, many in Bombay House, the Tata Group headquarters, thought that Russi Mody, Darbari Seth, Ajit Kerkar and Sumant Moolgaokar would 00004000 be there forever. Those who replaced them thought it would be difficult to change the way the group functioned. (India Times)
Gas row: MoU gives decisive powers to Kokilaben, says RIL Nov 13, 2009
Reliance Industries is trying to overturn a Bombay High Court order which had directed the Mukesh Ambani-led company to supply natural gas to the Anil Ambani group at $2. 34 per million British thermal units or mmBtu. (India Times)
BSE, NSE to overhaul client-broker arbitration system Nov 13, 2009
For instance, the National Stock Exchange (NSE) is considering to put in place an appeal mechanism similar to the one at Bombay Stock Exchange (BSE). The latter, on the other hand, is looking at scrapping the arbitration fees to be paid by the investor for claims below Rs 10 lakh. (India Times)
Infy BPO to acquire US co McCamish Nov 12, 2009
Infosys BPO has signed a definitive agreement to acquire all the outstanding interests of McCamish Systems LLC, Infosys Tech said in a filing to the Bombay Stock Exchange. "The upfront consideration for the deal is $38 million, with up to an additional $20 million payable to the sellers if McCamish Systems achieves certain financial targets in the future," the company added. (India Times, India)
Re down 11 p against dollar Nov 12, 2009
30/31 against the US unit in the previous session after the Bombay Stock Exchange Sensex ended over 409 points higher. Forex dealers said some demand for dollar from importers and mixed cues from Asian stock exchanges mainly put some pressure on the local currency. (India Times)
The new face of Bollywood Nov 12, 2009
"I trained, I lost some weight. I then got a portfolio done. I sent it to Bombay to a couple of agencies and waited for awhile. I think that period is really the most challenging. Because that's really the time that one can really go wrong. The waiting period. You can really make some wrong decisions and go completely wrong," she told CNN.. "I had the support of my family. I didn't get carried away. I think I was patient enough to wait for the right assignment to come my way.". (CNN -- Showbiz)
PSU shares soar amid divestment euphoria Nov 11, 2009
MUMBAI: Continuing its upward march for the fifth straight day, the index of public sector firms gained nearly two per cent on the Bombay Stock Exchange today riding on the disinvestment euphoria ... Continuing its upward march for the fifth straight day, the index of public sector firms gained nearly two per cent on the Bombay Stock Exchange today riding on the disinvestment euphoria. (India Times)
Market Watch: Buying momentum intensifies; Nifty above 4950 Nov 11, 2009
Bombay Stock Exchanges Sensex was at 16,723. 18, up 282. (India Times)
ICICI to phase out stake in Firstsource Nov 10, 2009
96 per cent on the Bombay Stock Exchange. Read business stories in. (India Times)
India gold seen easing by Dec-end, could recover later Nov 10, 2009
9 tonnes, according to the Bombay Bullion Association. Imports stood at 420 tonnes in 2008. (India Times)
Gold gets extra shine on weak dollar Nov 10, 2009
We are seeing a very restricted demand for gold, said Suresh Hundiya, president of Bombay Bullion Association. Even buyers, who are compelled to buy on account of marriage or festivals, are exchanging their old gold jewellery, thus reducing fresh demand for gold, he added. (India Times)
ICICI may sell 25% in Firstsource Nov 10, 2009
50 on the Bombay Stock Exchange (BSE) on Monday. According to RBI regulations, banks cannot hold over 20% in other businesses, implying that ICICI Bank will have to reduce its stake. (India Times)
RIL surges 4% on BSE Nov 10, 2009
MUMBAI: Shares of Reliance Industries on Tuesday surged nearly four per cent on the Bombay Stock Exchange in the early morning trade, amid the company making its first oil discovery at the exploration block in the Cambay basin in Gujarat ... The company has found oil for the first in the exploratory block 'CB-ONN-2003/1', it said in a filing to the Bombay Stock Exchange ... Shares of Reliance Industries on Tuesday surged nearly four per cent on the Bombay Stock Exchange in the early morning... (India Times)
Retail is all about scale: Kishore Biyani Nov 9, 2009
Until we came in, there was nobody other than Bombay Dyeing, which sold terry towels in the country. Today Big Bazaar sells 25 lakh pieces every year. (India Times)
Tatas trim holdings in group companies Nov 7, 2009
The Bombay House-based conglomerate has cropped its shareholding in companies like TCS, Tata Motors, Tata Steel and Tata Power during the July-September quarter. According to regulatory filings, Tatas' stake in Tata Steel is down 2. (India Times)
FIIs buy shares worth Rs 587 cr Nov 7, 2009
02 crore, according to the provisional data with the Bombay Stock Exchange (BSE). Domestic institutional investors (DIIs), like the FIIs also made a net investment of Rs 236. (India Times)
IFCI rises over 2 pc on BSE Nov 7, 2009
MUMBAI: Financial firm IFCI Ltd today rose over two per cent on the Bombay Stock Exchange, a day after reports that the government has shortlisted three firms for advising it on stake sale in the financial firm ... Financial firm IFCI Ltd today rose over two per cent on the Bombay Stock Exchange, a day after reports that the government has shortlisted three firms for advising it on stake sale in the financial firm. (India Times)
Dalmia, Indiabulls eye out-of-court settlement Nov 7, 2009
The legal counsels of both parties informed the Bombay High Court on Friday that the negotiations were on and the matter was likely to be settled out of court. The division bench of Justice JN Patel and Justice Amjad Sayed has granted Mr Dalmia relief from arrest till November 12, when the application will come up for further hearing. (India Times)
Fresh PSU sale to add Rs 3.2 l cr to M-cap Nov 7, 2009
According to estimates by ET Intelligence Group, these companies are expected to add over nearly Rs 3,20,000 crore to the Bombay Stock Exchanges (BSE) combined market capitalisation. More importantly, an equity divestment of 10% in these companies would provide the government with capital receipts of close to Rs 32,000 crore. (India Times)
Murthys wife sells $92 mn Infy shares Nov 6, 2009
Sudha Murthy, wife of Infosys co-founder and chief mentor N R Narayana Murthy, sold 2 million shares, or about 22 percent of her total holding, on the Bombay Stock Exchange on Thursday, the company said in a filing. Last month, Narayana Murthy, who co-founded Infosys with six other software engineers in 1981 with $250, had sold a total of 800,000 shares worth $37 million to set up a venture capital fund which he plans to set up in India. (India Times, India)
Dolphin Offshore eyes mega deals Nov 6, 2009
ONGC, which is its principal customer, is in the process of awarding contracts of over $1 billion for laying new pipelines and setting up new platforms in its Bombay High field. Fighting hard domestic and international competition, Dolphin is eyeing these tenders to fuel its future growth. (India Times)
Indiabulls hikes stake in Suzlon Nov 6, 2009
As per a disclosure about pledged shares filed by Suzlon Energy with the Bombay Stock Exchange, Indiabulls Financial Services' stake in the wind turbine supplier has risen to 6. 38 per cent over the past two days, from 4. (India Times)
Market Watch: Sensex volatile; realty, metals lend support Nov 6, 2009
At 2:13 pm, Bombay Stock Exchanges Sensex was at 16154. 56, up 90. (India Times)
Stocks to watch: Reliance Industries, BIAL, Wipro Nov 6, 2009
According to ET Intelligence Group estimates, such companies are expected to add over nearly Rs 3,20,000 crore to the Bombay Stock Exchange's combined market capitalisation. Research analysts differing on earnings growth prospects of Reliance Industries (RIL), which has 13% weightage on the Sensex, may have investors on the edge. (India Times)
Market Watch: Nifty takes support near 4600; L&T, SBI drag Nov 5, 2009
Bombay Stock Exchanges Sensex was at 15624 ... Bombay Stock Exchanges Sensex was at 15624. (India Times)
Govt to list all unlisted non-loss making PSUs Nov 5, 2009
These decisions had an immediate impact on the stock markets, when the sensitive index (Sensex) of the Bombay Stock Exchange (BSE) shot up by over 300 points within seconds, to more than make up for the losses incurred in the morning. Also Read. (India Times)
Market Watch: Nifty stages comeback; JP Associates, Unitech up Nov 4, 2009
Bombay Stock Exchanges Sensex was at 15740. 75, up 335. (India Times)
Balrampur share falls 10 pc Nov 4, 2009
KOLKATA: Shares of Balrampur Chini Mills fell by 10 per cent on the Bombay Stock Exchange (BSE) amid reports that stake sale by its promoters to the country's top sugar producer Bajaj Hindusthan failed to materialise ... Shares of Balrampur Chini Mills fell by 10 per cent on the Bombay Stock Exchange (BSE) amid reports that stake sale by its promoters to the country's top sugar producer Bajaj Hindusthan failed to materialise. (India Times)
Sebi easy over stock lending span Nov 4, 2009
Sebi-approved intermediaries are NSCCL and BOICL, the clearing house of the Bombay Stock Exchange (BSE). Sebi made SLB operational in April 2008 with a seven-day tenure, but there were few takers for this. (India Times)
Yellow metal trades at a record high Nov 4, 2009
The rupee weakness has led to prices touching record highs, said Suresh Hundia, president of Bombay Bullion Association. Internationally, the price is ruling below the all-time high so that shows its rupee costing, which is behind the rise. (India Times)
Re appreciates 22 paise/$ Nov 4, 2009
40/41 in the previous session after the Bombay Stock Exchange index Sensex fell by over 490 points and dollar strengthened overseas against a basket of currencies. Dealers said expectations of fresh capital inflows as equities may open higher, in line with firming trends in Asian market, mainly supported the rupee. (India Times)
Gold futures hit new high on IMF sale Nov 3, 2009
9 tonnes, down from 383 tonnes bought in the same period a year ago, data from the Bombay Bullion Association showed. Read business stories in. (India Times)
Videocon to raise Rs 1,245cr via share Nov 3, 2009
The board has approved to raise an amount of up to Rs 1,200 crore by allotting shares on rights basis, Videocon said in a filing to the Bombay Stock Exchange. The board has also approved to raise funds amounting to Rs 45 crore by issuing shares on preferential basis to an independent non-promoter investor, the filing added. (India Times)
Market Watch: Nifty nears 4650 support; Suzlon, Unitech plunge Nov 3, 2009
Bombay Stock Exchanges Sensex was at 15721. 71, down 174. (India Times)
L&T bags Rs 6,897 cr order Nov 3, 2009
The company has received the order for manufacturing 3x 660 MW super-critical turbine generator units, L in a filing to the Bombay Stock Exchange. The scope of work includes design, engineering, manufacture, supply, commissioning of super-critical boilers and civil and architectural work, the filing added. (India Times)
Reliance Infra Q2 net up 6 to Rs 307 cr Nov 1, 2009
86 crore in the same period last year, Rel Infra said in a filing to the Bombay Stock Exchange. At the end of September quarter, the company's cash and cash equivalents stood at Rs 8,017 crore, while its EPC order book stood at Rs 19,620 crore. (India Times)
SingTel hikes stake in Airtel Nov 1, 2009
Bharti Airtel's shares have been hammered at the Bombay Stock Exchange due to increased competition and pressure on its bottom line, as it touched its 52-week low on October 30, 2009 at Rs 290. 30 a share of Rs five face value. (India Times)
Bharti Airtel stock plunges over 6 pc Oct 31, 2009
55, its lowest in a year, at the Bombay Stock Exchange. It later settled at Rs 292. (India Times)
Harishchandrachi Factory Oct 31, 2009
The film opens in 1911 Bombay where Dhundiraj Phalke (Nandu Madhav) has abandoned his established printing business and is content clowning around in his Girgaum chawl. Without a job, supporting his family of wife Saraswati (Vibhawari Deshpande) and two sons is a task. (India Times)
Bajaj Hindusthan share price nosedives Oct 31, 2009
KOLKATA: Shares of Bajaj Hindusthan fell over six per cent on the Bombay Stock Exchange amid reports that the country's largest sugar producer is in the race for buying promoters' stake in Balrampur Chini Mills ... 08 per cent from yesterday, on the Bombay Stock Exchange, while that of Balrampur Chini dipped by 2 ... Shares of Bajaj Hindusthan fell over six per cent on the Bombay Stock Exchange amid reports that the country's largest sugar producer is in the race for buying promoters' stake in... (India Times)
Oracle Financial Q2 net jumps two-folds Oct 31, 2009
65 crore in the same period previous fiscal, Oracle Financial said in a filing to the Bombay Stock Exchange. Moser Baer India Q2 net loss widens to Rs 48. (India Times)
RIL, Bharti pull Sensex to its biggest monthly fall this year Oct 31, 2009
The Bombay Stock Exchange Sensex fell 7. 2% in October and logged their biggest monthly fall in a year, after they closed 1% lower on Friday as investors gave a thumbs-down to results from some key corporates such as Reliance Industries and Bharti Airtel. (India Times)
Indiabulls Power disappoints in debut Oct 31, 2009
MUMBAI: Indiabulls Power today got lukewarm response from investors on its debut trading at the bourses, and ended with a discount of nearly 13 per cent over its issue price of Rs 45 on the Bombay Stock Exchange ... Indiabulls Power got lukewarm response from investors on its debut trading at the bourses, and ended with a discount of nearly 13 per cent over its issue price of Rs 45 on the Bombay Stock Exchange. (India Times)
Bollywood gets political Oct 30, 2009
Bollywood gets its name from Bombay, renamed Mumbai in 1995, where the films are produced. Today, it is a thriving industry that turns out 150 to 200 films per year. (Asia Times Online)
Equities pare gains; telecom stocks drag Oct 30, 2009
Bombay Stock Exchanges Sensex was up 0. 70 per cent or 111. (India Times)
Indiabulls Power lists at Rs 44.95 on BSE Oct 30, 2009
95 on the Bombay Stock Exchange today, a loss of 0 ... 95 on the Bombay Stock Exchange today, a loss of 0. (India Times)
Gold imports rise by 72% Oct 30, 2009
8 tonnes, data provided by the Bombay Bullion Association showed. "The volume of shipment increas 00004000 ed due to festive season demand starting with Durga Puja and navratri and followed by dhanteras and Diwali," Bombay Bullion Association director Suresh Hundia said ... 7 tonnes during January-September 2009, compared to 315 tonnes in the same period last year, according to the Bombay Bullion Association data. (India Times)
In the light of the results so far, are infotech stocks a good bet? Oct 29, 2009
Bombay Stock Exchanges Sensex ended at 16,283. 49, down 69. (India Times)
FMCG stocks buck trend; metals, realty drag Oct 29, 2009
Meanwhile, Bombay Stock Exchanges Sensex fell 203. 57 points or 1. (India Times)
Nifty drifts lower; Unitech, DLF, RCom down Oct 29, 2009
Bombay Stock Exchanges Sensex was at 16,079. 92, down 203. (India Times)
Sesa Goa slips six pc on BSE Oct 29, 2009
MUMBAI: Mining company, Sesa Goa today declined nearly six per cent on the Bombay Stock Exchange, after the company said it has received a letter from the Government of India on Thursday ordering an investigation into the company ... Mining company, Sesa Goa today declined nearly six per cent on the Bombay Stock Exchange, after the company said it has received a letter from the Government of India on Thursday ordering an investigation into the company. (India Times)
GMR Infra Q2 net plunges 40% Oct 28, 2009
The firm had a net profit of Rs 90 crore during the September quarter of the previous fiscal, GMR Infra said in a filing to the Bombay Stock Exchange. The companys total income rose to Rs 1,209. (India Times)
Sensex pares losses; Bharti, RIL up Oct 28, 2009
At 12 pm, Bombay Stock Exchanges Sensex was at 16,303. 60, down 49. (India Times)
Selling gas at $2.34 will hit us: RIL Oct 28, 2009
The companys lawyer Harish Salve told the court that RIL had not told the Bombay HC that sale at $2. 34 per unit would be profitable and that the HC appeared to have misunderstood the matter. (India Times)
Stocks to watch: Vishal Retail, Binani Cement, SCI, Premier Explosives, Sasken Communications, HCL, Ispat Oct 28, 2009
Results diary: ACC, Ambuja Cements, Andhra Bank, BEML, Bombay Dyeing, Cipla, Consolidated Construction, eClerx Services, Chennai Petro, EIH, Elecon Engg, Essel Propack, GNFC, Havells India, Jain Irrigation, Lakshmi Machine, Madhucon Projects, MRPL, Marico, Mercator Lines, NDTV, NMDC, Phillips Carbon, Sasken, Sun TV, Tata Capital, Tata Investment, Time Technoplast, TCI, GAIL, HCL Tech, HPCL, Sun Pharma, Gammon Infra, Hexaware, India Cements, Power Grid, Puravankara, Shree Cem, Tata Metaliks, Tata... (India Times)
Cadbury's buyback plan runs into trouble Oct 28, 2009
4% in the company, and are planning to file an intervention petition in the Bombay High Court opposing the move ... After that, the company will have to seek the formal approval of the Bombay High Court for reducing the equity base ... According to lawyers familiar with the delisting process, several judgements including those of Bombay High Court have approved of companies buying out residual minority shareholders. (India Times)
Aditya Birla PE fund raises $120 million Oct 28, 2009
Aditya Birla Private Equity, which recently acquired a minority stake in the Bombay Stock Exchange, announced that it will follow a hands on approach in managing its investment, rather than being a passive investor in the companies. The fund fixed a ticket size of Rs 50 lakh. (India Times)
Has the stock market over reacted to the credit policy? Oct 28, 2009
Bombay Stock Exchanges Sensex ended at 16330. 60, down 409. (India Times)
Tata Motors net zooms 110%, analysts still sound caution Oct 27, 2009
9% to end at Rs 539 on the Bombay Stock Exchange. Its revenues from operations for the September quarter rose 12. (India Times)
Sesa Goa plunges 13% in early trade Oct 27, 2009
MUMBAI: Shares of Sesa Goa today plummeted nearly 13 per cent on the Bombay Stock Exchange in morning trade after reports that the government has ordered a probe into alleged financial irregularities in the company ... Shares of Sesa Goa today plummeted nearly 13 per cent on the Bombay Stock Exchange in morning trade after reports that the government has ordered a probe into alleged financial irregularities in the company. (India Times)
