Expect 8-15% from metal stocks in next 7 sessionsMetal stocks such as Hindalco, Vedanta, Tata Steel, JSW Steel and SAIL can give 8-15% returns in the next seven trading sessions, say techn...
Vedanta raises guidance on hopes of merger with CairnMerger is seen as more beneficial to Vedanta, and this along with a rebound in commodity prices is expected to help co improve performance ...
SBI-Macquire in talks to buy Hindustan Power Project's operational alternate power assetsHindustan Power has been producing solar panels since 2005-06, but the financial crisis and aggressive Chinese competition put the company ...
SBI-Macquire in talks to buy Moser Baer’s operational alternate power assetsSBI-Macquarie and Citi declined to comment, while a mailed questionnaire to Moser Baer spokesperson remained unanswered until press time.
Further correction in aluminium prices mean more downside for HindalcoShares of Hindalco, an aluminium producer, have corrected 6% in the last two trading sessions after a sharp fall in the LME aluminium price...
Vedanta back on track, may be in for a re-rating soonWith the recent rise in the commodity prices and commissioning of the company’s power plants, the stock may undergo an upward rating revisi...
Why Vedanta shareholders may gain from poor earningsWhat surprised most analysts was the worsethan-expected performance of the oil business, which pulled down consolidated profits.
NHAI allows two developers to divest stake in Tamil Nadu project"NHAI has allowed 100 per cent divestment of shareholding of the Concessionaire of the 4-laning of highway project Ulundurpet-Padalur secti...
Government launches investigation into rising imports of steelRakesh Arora, an analyst with Macquire Research, said the situation is worse than the one seen in 2009, when steel producers raised a simil...
Metal, power stocks in a tailspin post Supreme Court order on coal allocationInvestment mangers, however, advised long-term investors to buy metal stocks on the decline, as many think that cancellation of 206 coal bl...
- Ashoka Buildcon announces dividend post December quarter results
The company's order book stands at Rs 4072 crore. This is over thrice its FY12 revenues from construction segment.
- PTC India IPO: Hope to raise Rs 357 crores via IPO for expansion plans, says TN Thakur, PTC India
In the backdrop of the company's IPO that opens today, TN Thakur, CMD, PTC India Financial Services talks to ET Now on the expected quantum...
- We are bullish on auto space: Sunil Shah
ET Now spoke to Sunil Shah, Director Equities, Indsec Securities and Finance on his views on the auto sector.
- Macquire forecasts India's growth to slowdown
Australia- based brokerage firm Macquaire Securties has forecast that India's growth for the current year ending March 2009 will slow to 6....
- TCS's UK arm bags $200 mn contract
In a move to consolidate its European businesses, Tata Consultancy’s UK subsidiary Diligenta has managed to bag a $200 million order from C...
- TCS’s UK arm bags $200 mn contract
Tata Consultancy’s UK subsidiary Diligenta has managed to bag a $200-million order from Canadian financial services major Sun Life Financia...
- REL ties up coal supply with buyouts, contracts
Reliance Energy has mapped out a comprehensive plan which includes acquisition of some mid-sized coal companies, assured supply contracts a...