Institutions and high net worth individuals (HNIs) have been accumulating JSW Steel shares over the past few days on expectations that the company could benefit from a hike in steel prices shortly.
Heard on Street: FIs, HNIs lap up JSW Steel
Posted in Business by IndianPick 36 minutes ago (http://economictimes.indiatimes.com)
Capital goods: IIP Growth, Food inflation, interest rates critical triggers
Posted in Business by IndianPick 36 minutes ago (http://economictimes.indiatimes.com)
A stellar growth in capital goods production for the second consecutive month in January is likely to sustain for some more time.
L&T bags Rs 1,400 cr project from NHAI
Posted in Business by IndianPick 36 minutes ago (http://economictimes.indiatimes.com)
Larsen & Toubro has bagged a road project worth Rs 1,400 crore from the National Highway Authority of India (NHAI).
TTML-Quippo Deal: Sale may offer short-term relief to TTML
Posted in Business by IndianPick 1 hour 36 minutes ago (http://economictimes.indiatimes.com)
The deal will result in net cash inflow to of around Rs 900 crore and will help TTML to lighten its balance sheet, which is groaning under the burden of accumulated losses and rising debt load to fund capex.
Banks need much tougher oversight: US Fed
Posted in Business by IndianPick 1 hour 36 minutes ago (http://economictimes.indiatimes.com)
Banks need much tougher oversight: US FedSome firms being perceived as too big to fail is among the most serious barrier to competition in financial markets, Ben Bernarke said. Market: Top gainers & losers
Rail ad goof-up shows Delhi in Pakistan
Posted in Business by IndianPick 1 hour 36 minutes ago (http://economictimes.indiatimes.com)
Rail ad goof-up shows Delhi in PakistanIn a major goof-up, an ad in newspapers by Eastern Railway shows Delhi in Pakistan & Kolkata in Bay of Bengal. Ad featuring former Pak Air chief cost Govt Rs 11 lakh
Bilcare’s riding high on growth pill
Posted in Business by IndianPick 2 hours 36 minutes ago (http://economictimes.indiatimes.com)
Bilcare, the Rs 1,000-crore supplier of technology-driven niche pharma solutions, appears to be a promising bet in the mid-cap segment.
6.4 mn Amtek Auto shares change hands in block deals
Posted in Business by IndianPick 2 hours 36 minutes ago (http://economictimes.indiatimes.com)
About 6.4 million shares of Amtek Auto Ltd changed hands on BSE via four block deals at an average price of Rs 175.05.
United Bank makes its debut with 4% premium
Posted in Business by IndianPick 2 hours 36 minutes ago (http://economictimes.indiatimes.com)
Shares of state-owned United Bank of India (UBI) listed on Thursday on local stock exchanges at a modest premium to its issue price, underscoring investor sensitivity to valuations.
Dr. Prathap C. Reddy, Chairman, Apollo Hospitals
Posted in Business by IndianPick 3 hours ago (http://economictimes.indiatimes.com)
Dr. Prathap C Reddy, Chairman, Apollo Hospitals reveals the health major's expansion plans in Europe and the Afro-Asian regions and gauges the general mood of the country's pvt health sector in an interview with ET NOW.
Telecom stocks seem to be recovering after cos file for spectrum
Posted in Business by IndianPick 3 hours ago (http://economictimes.indiatimes.com)
Telecom stocks seem to be recovering from the lows they suffered during the peak of tariff war, as the market gave a thumbs-up to operators filing applications for the forthcoming auction of 3G spectrum.
Girija Prasad Koirala dead
Posted in Business by IndianPick 3 hours ago (http://economictimes.indiatimes.com)
Former Nepalese PM dies of respiratory problems.
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