From: tubaah on Wed, Dec 01 2010 7:11 AM

The fate of Posco’s projects in Orissa hangs in balance. In fact, there could be bad news for Posco. Sources tell NDTV that the environment ministry is looking at a compromise formula that might axe Posco's port project while clearing the steel plant with some strict conditions.

From: tubaah on Wed, Dec 01 2010 7:11 AM

Drugmaker Ranbaxy Laboratories Ltd has received approval from the US FDA to sell the generic version of Aricept, a drug for treating Alzheimer’s disease, with the US. But is the Aricept approval any indication that Ranbaxy could be headed for a resolution of their FDA issues?

From: tubaah on Tue, Nov 30 2010 7:08 AM

Vijay Chopra, national head of partner networks at Fullerton Securities & Wealth Advisors, shares his outlook on these stocks.

From: tubaah on Sat, Nov 27 2010 6:55 AM

R Venkataraman, ED of IIFL, said, “We were the sole arrangers of the QIP issue of Money Matters and apart from that we did not have any relationship with them.”

From: tubaah on Sat, Nov 27 2010 6:55 AM

Vikram Kotak, CIO of Birla Sun Life Insurance, said that if the dust settles very quickly on the loan scam, the next 5-7 per cent correction offers a good opportunity for buying.

From: tubaah on Sat, Nov 27 2010 6:54 AM

Shankar Sharma of First Global says realty sector has fundamental problems. The sector is overvalued and stocks can fall to 2008 levels. Issues such as funding, accounting and corporate governance also plague the sector.

From: tubaah on Fri, Nov 26 2010 6:53 AM

Shook up by the high-profile bribe-for-loan scam, the finance ministry has asked all state-led financial institutions to look at their loan books and re-look at the documents of firms involved in the scam, if they have dealt with them.

From: tubaah on Wed, Nov 24 2010 6:40 AM

Chris Rupkey, chief financial economist at Bank of Tokyo-Mitsubishi, said the Korean conflict is just an immediate sentiment hit for stock markets and he expects it to ease out soon. He downplays the idea that the US economy has underlying weakness.

From: tubaah on Wed, Nov 24 2010 6:39 AM

Nalco director (finance) BL Bagra talks on the aluminium price cut of Rs 4,000 per tonne for domestic market. The price cut has been implemented to keep the price in line with London Metal Exchange.

From: tubaah on Tue, Nov 23 2010 6:39 AM

Talking about Unilever sustainable living plan, HUL’s non-executive chairman Harish Manwani, said the company has chalked out an ambitious plan to halve water usage and greenhouse gas emissions by 2020. He said with this the company is decoupling business growth from the environmental impact.

From: tubaah on Tue, Nov 23 2010 6:38 AM

India’s biggest cross border deal in recent times, the Vednata-Cairn deal for oil blocks in Rajasthan may be running into new rough weather. NDTV has learnt that the government is comparing this potential mega deal with an earlier deal involving Canaro Resources which fell through due to similar...

From: tubaah on Tue, Nov 23 2010 6:38 AM

laris Lifesciences, one of the largest manufactuers of sterile injectibles, finally heaves a sigh of relief as its initial public offering hits the capital markets on November 24 at a price band of Rs. 278-293 per share. The drugmaker plans to utilise the proceeds of Rs. 300 crore to fund expans...

From: tubaah on Sat, Nov 20 2010 4:39 AM

Andrew Holland, CEO Equities at Ambit Capital, says for the short- term he is very cautious about the markets. “I think globally markets may go downwards and they are going to give away gains posted in September-October period,” he says, adding that China is going to lose at the moment.

From: tubaah on Sat, Nov 20 2010 4:39 AM

Renu Sud Karnad, MD at HDFC, says the bank is yet to decide on the teaser rate scheme. She adds that there is no impact of teaser rate scheme on the home loan demand and she does not see demand drying up.

From: tubaah on Fri, Nov 19 2010 3:44 AM

CLSA India ED Mahesh Nandurkar says retail investors have sold $7-10 billion of equity and this is the first time they have become net sellers. They are sitting on large buffers and there’s need to be a trigger to channelize these into the market, he adds.

From: tubaah on Fri, Nov 19 2010 3:43 AM

The ghost of the 2G license scam in 2008 continues to haunt Reliance Communications and Unitech. The stock of RCom fell 4.8 per cent on Thursday while Unitech was down 4.24 per cent. RCom has defended itself against allegations by the CAG on its stake in Swan Telecom at the time the latter was aw...

From: tubaah on Fri, Nov 19 2010 3:42 AM

As volatility is back in the market, investors are lured towards safer options like gold. Though the price is rising steadily, the demand for gold has climbed 79 per cent to 650.4 a tonne in January-September 2010.

From: tubaah on Wed, Nov 17 2010 1:39 AM

JSPL is planning to mop up Rs 7,000 crore through IPO for its power arm Jindal Power Ltd within six months. The company plans to expand its capacity to 6,000 mw and a power plant in Chhattisgarh.

From: tubaah on Wed, Nov 17 2010 1:38 AM

NDTV recaps the second day at India Economic Summit with industry leaders like Fortis chairman Malvinder Singh, Khazanah India Advisors ED (investment) Michael J Fernandes and Nomura MD & chief economist (Asia ex Japan) Robert Subbaraman.

From: tubaah on Wed, Nov 17 2010 1:38 AM

Tilaknagar Industries says the growth will come from the existing facilities as well as from new launches, according to the company’s CFO Lalit Sethi. The company raise Rs 135 crore by diluting 6-7% stake and the fund is going to be used in expanding the subsidiary companies.