Banks have started raising deposit rates in anticipation of a rush to mobilise resources. This move by banks comes in the wake of the Reserve Bank of India hiking key short-term rates on Tuesday.
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A Rs 5,110-crore (£700-million) follow-on deal signed on Wednesday between military majors Hindustan Aeronautics Ltd and BAE Systems for 57 Hawk jet trainers set the tone for the two-day state visit of the British Prime Minister, Mr David
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Investors with short-term trading perspective can consider selling the stock of Moser Baer India. It is seen from the charts of the stock that since the June 2009 peak of Rs 114.5, the stock has been on a long-term downtrend forming lower peaks
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Aided by higher sales realisation, India’s largest real estate company DLF Ltd on Wednesday recorded a 3.78 per cent increase in its consolidated net profit for first quarter of the current fiscal at Rs 411 crore. The net profit was Rs 396 crore
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Mahindra & Mahindra has reported a net profit of Rs 562.39 crore for the quarter ended June 30, up 40.15 per cent from Rs 400.85 crore in the same period last year. Net sales were up 21 per cent at Rs 5,124.17 crore (Rs 4,229.46 crore).
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Space and safety are compelling Hindustan Petroleum Corporation to move out of Mumbai and set up a refinery on the west coast of
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Legendary American investor George Soros is set to take a 4 per cent stake in the Bombay Stock
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