Banks, metals and IT stocks showed strength while FMCG and PSU space witnessed some profit booking.
Nifty ends near 5250; IDEA, SAIL up
Posted in Business by IndianPick 18 minutes ago (http://economictimes.indiatimes.com)
Maytas Prop may go to strategic investor: Khurshid
Posted in Business by IndianPick 18 minutes ago (http://economictimes.indiatimes.com)
Maytas Prop may go to strategic investor: KhurshidSeveral NRIs who booked flats in projects promoted by Maytas Properties have been asking govt to expedite rehabilitation of the co. Tax sops good for homebuyers
India unlikely to pressure China on yuan
Posted in Business by IndianPick 18 minutes ago (http://economictimes.indiatimes.com)
India unlikely to pressure China on yuanThe fixed peg of yuan has stoked tensions between Beijing and Washington, with the US piling pressure on China. Stocks: Top gainers, losers and recommendations
See strong demand from Iran for Basmati rice: KRBL
Posted in Business by IndianPick 18 minutes ago (http://www.moneycontrol.com)
In an interview with CNBCTV18, Anil Mittal, CMD, KRBL, spoke about the the government's procurement target and the export demand for Basmati rice.
US companies looking to shale, this time for oil
Posted in Business by IndianPick 18 minutes ago (http://www.moneycontrol.com)
Independent US oil and gas companies are scrambling to pick up land where oil is trapped in shale formations in a bid to benefit from relatively high prices for the commodity.
Sops for select export sectors likely
Posted in Business by IndianPick 1 hour 18 minutes ago (http://economictimes.indiatimes.com)
The government may announce more incentives for garments, engineering and leather exporters next week, as they are still battling with slump in global demand.
Pawar rules out wheat exports
Posted in Business by IndianPick 1 hour 18 minutes ago (http://economictimes.indiatimes.com)
Food and Agriculture Minister Sharad Pawar today ruled out exporting surplus wheat lying in the godowns to reduce the stock and instead favoured stepping up allocation to Above Poverty Line families.
European stocks dip on Greece doubts
Posted in Business by IndianPick 1 hour 18 minutes ago (http://economictimes.indiatimes.com)
World stock markets fell on Thursday and the euro weakened on concerns the EU will not agree to give Greece concrete financial support.
Dishman Pharma invests $20m in new API facility
Posted in Business by IndianPick 1 hour 18 minutes ago (http://www.moneycontrol.com)
In an interview with CNBCTV18, VVS Murthy, CFO, Dishman Pharma, spoke about the latest happenings in his company and sector.
Welspun Gujarat to buy 75% stake in MSK Projects
Posted in Business by IndianPick 1 hour 18 minutes ago (http://www.moneycontrol.com)
Welspun Gujarat has okayed the acquisition of MSK Projects, reports CNBCTV18. It plans to acquire 75% stake in the latter.
Dalmia Cement in talks with PE players to fund expansion
Posted in Business by IndianPick 1 hour 18 minutes ago (http://www.moneycontrol.com)
The restructuring of Dalmia Cement is likely to increase transparency, said its Managing Director Puneet Dalmia.
IntraSoft Tech fixes IPO at Rs 137-145
Posted in Business by IndianPick 2 hours 18 minutes ago (http://economictimes.indiatimes.com)
IntraSoft Technologies plans to raise up to Rs 53.65 crore through its Initial Public Offer (IPO) and has fixed its price-band at between Rs 137 and Rs 145.
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