Goldman upgrades Reliance, shares rise |
- Goldman upgrades Reliance, shares rise
- Sensex up 0.3% early, RIL leads
- Rupee gains early, but wary on Greece
- Iran sets deadline for Indian oil companies
- M&M readies bid for bankrupt Saab
- Manappuram raising deposits illegally: RBI
- India’s stable rating faces risk: S&P
- China’s iron ore demand to continue for decades
- Gold drops on lower buying interest
- Demand for nutrition food to grow in India: Nestle
- Demand for nutrition food to grow in India: Nestle
- Rupee down 36 paise vs dollar
- Rupee ends rising streak on importer demand
- Sensex closes 102pts up led by realty
- Sensex closes 71 points up
- SpiceJet posts Rs39.26cr Q3 loss
- Hindustan Unilever Q3 net up 18.24%
- Piramal raises 18bn rupees for Vodafone stake
- Gold futures rise on global cues
| Goldman upgrades Reliance, shares rise Posted: 06 Feb 2012 08:08 PM PST Goldman Sachs has upgraded India's Reliance Industries (RIL) to buy from neutral, citing a potential lift in margins on increased refining and recovering oil demand, sending the refiner's shares up in pre-open trade on Tuesday. 
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| Sensex up 0.3% early, RIL leads Posted: 06 Feb 2012 08:01 PM PST Sensex rose 0.3 percent early on Tuesday, led by index heavyweight Reliance Industries, continuing a five-day rally ahead of the release of the government's GDP growth estimate for the current financial year. 
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| Rupee gains early, but wary on Greece Posted: 06 Feb 2012 07:38 PM PST Rupee opened stronger on Tuesday in anticipation of dollar inflows, but concerns that Greece may fail to meet conditions to get its next bailout kept traders wary. 
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| Iran sets deadline for Indian oil companies Posted: 06 Feb 2012 04:24 PM PST In a strategic move to force India's hands, Iran has set a month's deadline for a consortium of Indian state-run oil companies to sign the contract for bringing to production a gas field discovered in the Persian Gulf in 2006 
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| M&M readies bid for bankrupt Saab Posted: 06 Feb 2012 04:05 PM PST Mahindra & Mahindra (M&M ), which is among the four companies to show interest in Swedish automaker Saab, has signed a confidentiality agreement with the bankrupt company and is in the process of finalizing its bid. 
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| Manappuram raising deposits illegally: RBI Posted: 06 Feb 2012 04:01 PM PST The Reserve Bank of India (RBI) has issued a warning to the general public against placing deposits with Manappuram Finance or a group company. 
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| India’s stable rating faces risk: S&P Posted: 06 Feb 2012 03:59 PM PST India's stable rating outlook faces some challenges due to high inflation, weak fiscal position and slower economic growth, a report by global ratings agency Standard & Poor's cautioned on Monday. 
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| China’s iron ore demand to continue for decades Posted: 06 Feb 2012 12:39 PM PST Industry insiders project that China will continue to look outwards for the next few decades to meet its iron ore demand. 
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| Gold drops on lower buying interest Posted: 06 Feb 2012 07:28 AM PST Gold prices eased further at the bullion market on Monday on lack of local buying interest amidst subdued stockist and investor demand on the back of bearish European cues. 
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| Demand for nutrition food to grow in India: Nestle Posted: 06 Feb 2012 06:29 AM PST Global nutrition major Nestle sees potential growth for its food products that meet specific dietary needs not met through normal diets in India due to changing lifestyle. 
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| Demand for nutrition food to grow in India: Nestle Posted: 06 Feb 2012 06:29 AM PST Global nutrition major Nestle sees potential growth for its food products that meet specific dietary needs not met through normal diets in India due to changing lifestyle. 
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| Posted: 06 Feb 2012 05:50 AM PST Snapping four-session gaining spree, the rupee today lost 36 paise to close at 49.05/06 against the dollar due to fresh buying of the American currency by importers. 
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| Rupee ends rising streak on importer demand Posted: 06 Feb 2012 04:51 AM PST The rupee ended a four-day winning streak, reversing early gains that saw it rise to a more than four-and-a-half month high, as dollar demand from local oil refiners and big companies offset a rise in local shares. 
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| Sensex closes 102pts up led by realty Posted: 06 Feb 2012 03:24 AM PST The Bombay Stock Exchange benchmark sensex registered gains for the fifth straight session, rising over 102 points as realty and capital goods stocks led the rally on continued buying by funds, amid firm trend in the Asian region. 
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| Posted: 06 Feb 2012 02:49 AM PST A benchmark index for Indian equities markets gave up some of its intra-day gains to provisionally close 71 points higher. 
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| SpiceJet posts Rs39.26cr Q3 loss Posted: 06 Feb 2012 02:28 AM PST Budget airline SpiceJet on Monday posted a loss of Rs 39.26 crore for the quarter ended December 31, 2011, due to escalating ATF prices and increase in the US dollar rates. 
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| Hindustan Unilever Q3 net up 18.24% Posted: 06 Feb 2012 01:17 AM PST FMCG giant Hindustan Unilever Limited (HUL) on Monday said its net profit rose by 18.24 per cent to Rs 753.81 crore for the third quarter ended December 31, 2011, over the same period previous fiscal. 
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| Piramal raises 18bn rupees for Vodafone stake Posted: 05 Feb 2012 11:43 PM PST Indian drugmaker Piramal Healthcare raised 18 billion rupees through commercial papers with 30-day and 75-day maturities, to pay in part for raising its stake in Vodafone India unit, a company executive said on Monday. 
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| Gold futures rise on global cues Posted: 05 Feb 2012 11:40 PM PST Buoyed by a firming global trend, gold prices rose by Rs 124 to Rs 28,347 per ten grams in futures trade on Monday. 
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