Sunday, November 1, 2015

Global stocks slip

Moneycontrol News : Global stocks slip, but post best month in 4 yrs; oil gains Full News: http://t.in.com/dXPY

Russian jet crashed

Investigators probe Russian jet crash in Egypt amid IS claims http://timesofindia.indiatimes.com/world/middle-east/Investigators-probe-Russian-jet-crash-in-Egypt-amid-IS-claims/articleshow/49615023.cms via @timesofindia

Sensex fall in last 5 day

Sensex & rupee fluctuates & end with a fall. It was a 5 day continuous fall. Trend of next week seems to be good. Expecting next week market up, buy the prospective stocks on dips & sell at high.

Salute to this farmer

A greener way out of farm crisis http://timesofindia.indiatimes.com/home/environment/the-good-earth/A-greener-way-out-of-farm-crisis/articleshow/49614230.cms via @timesofindia

Improvement in global airports

Airports to invest $8 billion on IT to enhance facilities: Survey http://timesofindia.indiatimes.com/business/international-business/Airports-to-invest-8-billion-on-IT-to-enhance-facilities-Survey/articleshow/49580959.cms via @timesofindia

Volkswagen again in trouble

Volkswagen recalls 58,881 Porsche cars for fuel pipe fault http://timesofindia.indiatimes.com/business/international-business/Volkswagen-recalls-58881-Porsche-cars-for-fuel-pipe-fault/articleshow/49601081.cms via @timesofindia

Lufthansa may cut cost to compete.

Lufthansa cabin crew union says pay talks have failed http://timesofindia.indiatimes.com/business/international-business/Lufthansa-cabin-crew-union-says-pay-talks-have-failed/articleshow/49613876.cms via @timesofindia

SENSEX IN RED

Sensex closes provisionally 181 points down http://timesofindia.indiatimes.com/business/india-business/Sensex-closes-provisionally-181-points-down/articleshow/49596944.cms via @timesofindia

Share of Fairfax in ICICI Lombard

Fairfax to buy 9% in ICICI Lombard http://timesofindia.indiatimes.com/business/india-business/Fairfax-to-buy-9-in-ICICI-Lombard/articleshow/49603138.cms via @timesofindia

IDFC face loss

IDFC Ltd logs net loss of Rs 1,469 crore in July-September http://timesofindia.indiatimes.com/business/india-business/IDFC-Ltd-logs-net-loss-of-Rs-1469-crore-in-July-September/articleshow/49609079.cms via @timesofindia

Again petrol price cut

Petrol price cut by 50 paise per litre, diesel rates unchanges http://timesofindia.indiatimes.com/business/india-business/Petrol-price-cut-by-50-paise-per-litre-diesel-rates-unchanges/articleshow/49609073.cms via @timesofindia

Aim of India

India needs to aim for 9-10% growth: Jaitley http://timesofindia.indiatimes.com/business/india-business/India-needs-to-aim-for-9-10-growth-Jaitley/articleshow/49614098.cms via @timesofindia

Wednesday, October 28, 2015

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Thursday, October 22, 2015

Diwali bonus! Nifty could rally 15% in Samvat 2072: Saravana Kumar 

Samvat 2072 would be rewarding for companies on the basis of their strong fundamentals and investors embracing the bottom-up strategy can hope to reap superior returns, says Saravana Kumar, CIO, LIC Nomura MF. Excerpts from an exclusive interview with Kshitij Anand of EconomicTimes.com.

ET.Com: Foreign investors turned net buyers in October and have already pumped in close to Rs 17,000 crore in the Indian market. What is the sense you get about the trend of FII flows f .. 

Japan offers India soft loan for $15 billion bullet train in edge over China 

NEW DELHI: Japan has offered to finance India's first bullet train, estimated to cost $15 billion, at an interest rate of less than 1 percent, officials said, stealing a march on China, which is bidding for other projects on the world's fourth-largest network. 

Tokyo was picked to assess the feasibility of building the 505-kilometre corridor linking Mumbai with Ahmedabad, the commercial capital of Prime Minister Narendra Modi's home state, and concluded it would be technically and fina .. 

Wednesday, October 21, 2015

Sugar stocks climb up to 9% as crushing season begins 

NEW DELHI: Continuing their winning streak for another day, sugar stocks surged up to 7 per cent in Wednesday's trade as crushing season for cane in Uttar Pradesh and Maharasthra — the two biggest sugar-producing states in the country — is set to begin on time this year.

Sugar stocks have soared anywhere between 20 per cent and 80 per cent so far this month, as global shortages have helped commodity prices to rebound from a seven-year low, thanks to a strengthening El Nino weather patt .. 

Wall Street little changed as healthcare stocks limit gains 

US stocks were little changed on Wednesday as healthcare stocks resumed their slide for a second day, offsetting gains by General Motors and technology stocks. 

The S&P 500's healthcare sector declined 1.08 per cent, while the Nasdaq biotech index fell 1.5 per cent. 

Valeant Pharma's US-listed shares sank 20.8 per cent to $116.23, and were halted, after short-seller Citron Research released a critical report on the company. 

Health insurers Aetna, Humana, Anthem and C .. 

American Tower Corporation to buy 51% stake in Viom Networks for Rs 7,600 crore 

NEW DELHI: American Tower Corp will buy a 51% stake in Viom Networks in the largest inbound M&A deal so far this fiscal, marking an end to the two year long discussion process that included three rounds of bidding between interested parties. 

ATC Wednesday announced that it will pick up 51% stake, where the cash consideration would be around Rs 7,635 crore, valuing Viom at around Rs 22,000 crore, including debt. The company added that under the agreement, it "may acquire or be requ .. 

RBI's Raghuram Rajan announced 50 bps rate cut ignoring majority advise of 25 bps rate cut 

MUMBAI: The Reserve Bank of India governor Raghuram Rajan once again chose to ignore the majority of his advisor asking for a reduction in key policy rates of to 25 bps and went ahead with a steep 50 bps rate that ended up cheering the markets. 

The RBI, cut its benchmark policy rate- the repo rate by 50 bps to 6.75% to kick start economic activity on September 29. Though six members recommended a reduction of the repo rate, only two of them suggested a steep reduction of 50 basis poin ..