Categories

Business Ideas
Business Opportunities
Corporate
Home Business
International Business
Management
Online Business
Public Company
Public Relations
Small Business

Popular Articles

Govt mulling stake sale in four PSU firms
The government is considering to divest stake in four PSUs -- NMDC, KIOCL, MOIL and RINL -- administered by the steel ministry, as part of a broader plan to mobilise resources to meet their funding needs. generic levitra

payday loans online
Shipping: All hands on deck
The upswing in Baltic Dry Index numbers recently to a 14 month high closing at 4661 on 19 November 09, raised hopes that a revival for the shipping sector is afoot sending shipping stocks zooming. Freight and tanker rates dropped sharply in July - September 09 quarter, but gained strength in October 09 which has sustained through November 09 as well. They hit 10 year lows in the December 08.

News of the day

RIL: Fishing downstream
Reliance Industries, which had declared an intention to seek inorganic growth opportunities, confirmed a preliminary offer for a controlling interest in global petrochem major, LyondellBassel. The timing is prime for acquisitions in the space as there has been a steep decline in replacement cost and asset value given the plummeting of margins in the petrochemical space.
Small Business

Sensex off day's low

The Sensex dropped to a low of 16,537. The index has recovered now and is down 179 poinst at 16,537. - Asian markets mixed; Nikkei drops in red - Sensex in red in early trades - Power Grid up on overseas foray plans - Cadila healthcare gains on 114% jump in Q3 net - US markets end flat - Tech view: Bulls to prevail above 16,860 The Nifty is down 59 points at 4,949. Hero Honda has slumped 4% to Rs 1,555. Mahindra & Mahindra has shed 3.8% to Rs 1,032. Other auto stock - Tata Motors has dipped 2.7% to Rs 747. Bank stocks are down. SBI has dropped 3.7% to Rs 2,016. ICICI Bank has slipped 2.8% to Rs 808. Tata Steel is down 3.1% at Rs 591 while Hindalco has dropped 2.5% to Rs 155. Sterlite has declined 2% to Rs 785. Other stocks which have declined today are DLF, Sun Pharma, Larsen & Tourbo and HDFC. Hindustan Unilever has slipped 2% to Rs 259, in spite of a jump in Q3 net. On the other hand, ITC and Reliance Communications have added 1% each to Rs 258 and Rs 181, respectively. The BSE market breadth is fairly negative. Out of 2,500 stocks traded, 1,551 have declined while 898 have advanced.


Add your comment:
Name:
Site address: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):

© Copyright 2009