NTT DoCoMo completes 26% stake buy in Tata Tele
on Mar 26, 2009 in International News DoCoMo NTT DoCoMo Tata Sons Tata Teleservices Tata Sons Ltd said on Thursday that it had completed the sale of a 26 percent stake in India’s No. 6 mobile telecom operator, Tata Teleservices Ltd, to Japan’s NTT DoCoMo.   The two firms had announced the $2.7 billion deal in November last year...

Government approves IOC merger with BRPL
on Mar 25, 2009 in Indian Stock market News BRPL Indian Oil Corporation IOC IOC Merger with BRPL Indian Oil Corporation (IOC) announced on Wednesday, March 25, 2009 that the government had approved a proposal to absorb its subsidiary Bongaigaon Refinery and Petrochemicals (BRPL). Indian Oil Corporation (IOC) will issue four shares for every 37 s...

Instanex FII Index on Wednesday, March 25, 2009
on Mar 25, 2009 in Indian Stock market Instanex FII Index News fii fii inflows FII investments fii outflows Instanex Instanex FII Instanex FII data INSTANEX: At close Instanex FII Index was up 1.68% to 217.74, indicating increase in FII buying. Indian domestic institutional investors (DIIs) seem to have bought as well, with the Instanex DII 15 portfolio up 1.67% (+1.07% at 3pm). India’s broad-...

Novartis makes an open offer to increase stake in Novartis India Ltd.
on Mar 25, 2009 in BSE Indian Stock market International NSE News Novartis Novartis AG Novartis International AG Switzerland: Novartis International AG announced today a tender offer to acquire an additional stake of up to approximately 39% in its majority-owned Indian subsidiary, Novartis India Ltd., from public shareholders at a price of Rs 351 per share.  ...

Advice for – Thursday, March 26, 2009
on Mar 25, 2009 in BSE Daily Advices Indian Stock market NSE fii Advise bse bse daily advise Daily advise daily tips dii nse Yesterday: well yesterday market made surprise move n close 195pts up even all the indices looks week but it was almost a reliance day. Today: Indian Stock Market still looks up n may break the level of 3050 on nifty. BSE Sensex: (9668)The support f...

FII and DII Activity on Wednesday, March 25, 2009
on Mar 25, 2009 in Indian Stock market News fii dii dii activity fii activity fii inflows FII investments fii outflows FII and DII activity that was seen on Wednesday, March 25, 2009 is shown below. The report shows that FII were net buyer of Rs. 348.65 crore where as DII saw buying of 8.92 crore.     FII trading activity on NSE and BSE in Capital Market Segmen...

India’s Economy to revive in big way in 6-7 months - PM
on Mar 24, 2009 in Indian Stock market News Indian economy Manmohan Singh Prime Minister Revival of Economy stimulus package Prime Minister Manmohan Singh said on Tuesday that India’s economy will revive in a big way in six to seven months as stimulus packages start to take effect. “I am confident because of the stimulus that our government has announced, we w...

HDFC reduces loan rates by 50 bps on March 25
on Mar 24, 2009 in Indian Stock market News hdfc HDFC Bank HDFC Reduces Loan Rates RPLR Housing Development Finance Corporation (HDFC) announced a reduction in Retail prime lending rate by 50 basis points (bps) from Wednesday, March 25, 2009.   This is the second time in last three month since December 2008, when HDFC has reduced its R...

FII and DII Activity on Tuesday, March 24, 2009
on Mar 24, 2009 in Indian Stock market News fii dii dii activity fii activity fii inflows FII investments fii outflows FII and DII activity that was seen on Tuesday, March 24, 2009 is shown below. The report shows that FII were net buyer of Rs. 501.76 crore where as DII were seller of 192.99 crore.     FII trading activity on NSE and BSE in Capital Market Segme...

South Africa to host IPL
on Mar 24, 2009 in International News england IPL IPL will play in africa South africa IPL will be held in South Africa instead of England, today Lalit Modi announced. After Indian government decision, South Africa took this series from England mainly because of the fact that rain is inevitable in England during April and May and that...