Wednesday, 30 March 2011
Vasu Menon:Indian market one of worst-performing markets in Asia
The Indian market has been one of the worst-performing markets in Asia so far this year. The Bombay Sensex is down by close to 10%-11% and primarily because of the fact that inflation is picking up in India, the central bank has already increased rates by eight times in the past one year and yet inflation remains high and it looks like the...
Professional tax to be imposed in Bihar government
Bihar government to impose professional tax on state & central governments officers and employees, Railways, boards and corporation on the pattern of Maharashtra, West Bengal and other states, official sources said today.
Those earning between Rs 3 lakh and Rs 5 lakh would pay an annual professional tax of Rs 1000 while those earning between 5 lakh and Rs 10 lakh will have to pay Rs 2000. Employees getting above Rs 10 lakh...
Essar merger approvals extend date
Essar Group is take over another group company that owns an indirect stake in mobile operator Vodafone Essar, said the two boards have extended the deadline to Sept.30 for getting the approvals for the merger.
...
stock markets in india
stock markets
Stock Exchange Started
Ahmedabad Stock Exchange 1894
Bangalore Stock Exchange 1963
Bhubaneshwar Stock Exchange 1956
Bombay Stock Exchange 1875
Calcutta Stock Exchange 1830
Cochin Stock Exchange 1989
Coimbatore Stock Exchange 1998
Delhi Stock Exchange 1947
Guwahati Stock Exchange 1983
Hyderabad Stock Exchange 1943
Inter-connected Stock Exchange...
Thursday, 24 March 2011
IANS -FLASH NEWS-Indo-Asian News Service
The Indian government Thursday tabled a bill in parliament to promote and regulate pension funds in the country,while remaining silent on the issue of foreign investment.
With unexpected support of the opposition Bharatiya Janata Party (BJP), Parliamentary Affairs Minister Pawan Kumar Bansal introduced the bill in the Lok Sabha, the lower house, after Speaker Meira Kumar allowed a division of votes pushed by Left parties.
Officially...
M&M to invest over $67 mln in new plant in Andhra Pradesh
Mahindra & Mahindra, largest utility vehicles maker in India, will invest more than 3 billion rupees ($67 million) in a new tractor plant in Andhra Pradesh.
The plant will have a capacity to make 100,000 tractors and production will start in 2012, the company said in a statement.
This month, Mahindra said it had completed all formalities...
India's food inflation snapped a three-week
Inflation pressures in India still persist, the deputy governor of the Reserve Bank of India, Subir Gokarn, told television channel ET Now in an interview on Thursday.
Food inflation snapped a three-week easing trend in mid-March and fuel inflation remained at elevated levels, keeping pressure on the central bank to rein in broader inflation....
Saturday, 19 March 2011
WikiLeaks expose‘cash-for-votes’ scam in 2008
The WikiLeaks expose on the alleged ‘cash-for-votes’ scam in 2008 today disrupted Parliament proceedings, as a united Opposition demanded a clarification from Prime Minister Manmohan Singh on the matter.
Soon after the Lok Sabha assembled, Speaker Meira Kumar asked Leader of the Opposition Sushma Swaraj to move a calling attention on the problems being faced by Indian fishermen due to frequent attacks by Srilankan Navy.
However,...
After Congress, BJP hit by WikiLeaks disclosure
BJP was on Saturday hit by the Wikileaks expose with US diplomatic cables stating that the party leadership had told them that its criticism of the US in public was to score "easy political points" against UPA and when in power, it would not harm the Indo-US nuclear deal.
The expose, published by 'The Hindu', drew immediate strong reaction from ruling Congress which asked BJP to apply to itself the same standards it adopted for...
Friday, 18 March 2011
2G Scam fears: DMK top leaders move away from Chennai
Fearing possible fallout of the 2G spectrum scam among urbanites, the DMK top leadership on Thursday moved away from its traditional bastion of Chennai to safer seats with party president M Karunanidhi himself shifting to Cauvery delta to contest from his home turf of Tiruvarur.
Party’s No.2 in hierarchy, General Secretary K Anbazhagan was allotted Villiwakkam segment where the party had secured considerable lead in the last...
Share Tips for 18 March 2011
Recommendations for 18 March 2011
Scrip Trigger Price Stop Loss Target 1 Target 2
RCOM BUY ABOVE 107.70 106.70 108.85 110.50
SELL BELOW 105.55 106.50 104.40...
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