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Inox got premature veto in Fame: RMW

Wed, 10 Mar 2010 04:57:54 +0000

Reliance Media Works (RMW) alleges that rival Inox Leisure acquired 'veto' power on the promoter shareholding in Fame nearly two years before it purchased the shares last month.

Posted on Tue, 09 Mar 2010 19:46:28 GMT at http://economictimes.indiatimes.com/News...665162.cms

NTPC sees coal imports rising as demand spurts

Wed, 10 Mar 2010 04:57:54 +0000

Biggest power producer, NTPC Ltd, expects its coal consumption to rise rapidly as it expands capacity, encouraging the utility to raise imports and look for mines abroad, a top official said.

Posted on Wed, 10 Mar 2010 09:41:15 GMT at http://www.moneycontrol.com/india/newsar...ono=445830
Author: Moneycontrol.com editor@moneycontrol.com

Founders, Citi buy Tata Motors shares from Daimler: BSE

Wed, 10 Mar 2010 04:57:54 +0000

Tata Sons, the holding entity for Tata Group firms, and Citigroup have acquired a 8.65 million shares in Tata Motors from Germany\'s Daimler AG.

Posted on Wed, 10 Mar 2010 09:41:14 GMT at http://www.moneycontrol.com/india/newsar...ono=445827
Author: Moneycontrol.com editor@moneycontrol.com

ONGC to invest $5.8 bn in FY11: Minister

Wed, 10 Mar 2010 04:57:54 +0000

Staterun Oil and Natural Gas Corp (ONGC) plans to invest 265.23 billion rupees (USD 5.8 billion) in the 2010/11 financial year in exploration activities, a rise of 7.3% from the current year, minister of state for finance said on Tuesday.

Posted on Wed, 10 Mar 2010 09:41:14 GMT at http://www.moneycontrol.com/india/newsar...ono=445825
Author: Moneycontrol.com editor@moneycontrol.com

Tata Steel sees iron ore prices rising

Wed, 10 Mar 2010 04:57:54 +0000

Iron ore prices are headed as much as 35% higher this year and will likely pressure the profit margins of steel companies, Tata Steel Ltd Vice Chairman B. Muthuraman said on Tuesday.

Posted on Wed, 10 Mar 2010 09:20:22 GMT at http://www.moneycontrol.com/india/newsar...ono=445807
Author: Moneycontrol.com editor@moneycontrol.com

Tata`s Jaguar Land Rover gets 340 mln pound EU loan

Wed, 10 Mar 2010 04:57:54 +0000

Tata`s Jaguar Land Rover gets 340 mln pound EU loan

Posted on Wed, 10 Mar 2010 09:14:45 GMT at http://www.moneycontrol.com/india/newsar...ono=445738
Author: Moneycontrol.com editor@moneycontrol.com

Tata Sons, Citi buy 5.34% stake in Tata Motors from Daimler

Wed, 10 Mar 2010 04:57:54 +0000

India\'s largest commercial vehicle maker, Tata Motors has witnessed two block deals on the Bombay Stock Exchange (BSE) in which Tata Sons has bought 4 million and Citigroup bought 4.6 million shares of Tata Motors from Daimler.

Posted on Wed, 10 Mar 2010 08:50:05 GMT at http://www.moneycontrol.com/india/newsar...ono=445781
Author: Moneycontrol.com editor@moneycontrol.com

March 10: Events to watch out for

Wed, 10 Mar 2010 04:57:54 +0000

March 10: Events to watch out for

Posted on Tue, 09 Mar 2010 23:04:58 GMT at http://www.moneycontrol.com/india/newsar...ono=445758
Author: Moneycontrol.com editor@moneycontrol.com

Pepe\'s global owners eye direct control of India arm

Wed, 10 Mar 2010 04:57:54 +0000

Pepe\'s global owners plan to take direct control of Pepe India via a joint venture, reports CNBCTV18, quoting VCCircle. The foreign owners plan to keep up to 51% stake.

Posted on Tue, 09 Mar 2010 22:54:47 GMT at http://www.moneycontrol.com/india/newsar...ono=445756
Author: Moneycontrol.com editor@moneycontrol.com

To improve rural demand, says Marico

Wed, 10 Mar 2010 04:57:54 +0000

Marico is looking at leveraging demand in the rural sector to improve profitability, says its CMD Harsh Mariwala in an exclusive interview to CNBCTV18. He says inflation is impacting demand in rural India.

Posted on Tue, 09 Mar 2010 21:32:20 GMT at http://www.moneycontrol.com/india/newsar...ono=445750
Author: Moneycontrol.com editor@moneycontrol.com

CEOs take macro leap, venture into microfinance

Wed, 10 Mar 2010 04:57:54 +0000

Many CEOs have walked out of glass-panelled office towers in well-lit cities and hit the dusty roads leading to villages that still have no street lights or landmark edifices.

Posted on Tue, 09 Mar 2010 21:21:17 GMT at http://economictimes.indiatimes.com/news...665356.cms

Most cost-saving suggestions come from within corporates

Wed, 10 Mar 2010 04:57:54 +0000

The growing tendency of managements to seek ideas from blue-collar workers to improve efficiency not only leads to saving money for the company, but also smoothens the relationship between the managers and staff.

Posted on Tue, 09 Mar 2010 21:14:12 GMT at http://economictimes.indiatimes.com/news...665347.cms

Man Industries touches 52week high

Wed, 10 Mar 2010 04:57:54 +0000

Man Industries has touched a 52 week high of Rs 71. At 09:20 hrs the share was quoting at Rs 70.40, up Rs 3.40, or 5.07%.

Posted on Wed, 10 Mar 2010 09:22:49 GMT at http://www.moneycontrol.com/india/newsar...ono=445813
Author: Moneycontrol.com editor@moneycontrol.com

Jindal Steel set to loose mining rights in Bolivia;stk down

Wed, 10 Mar 2010 04:57:54 +0000

Jindal Steel Power is set to loose mining rights in Bolivia as the company failed to make necessary investments, reports DNA. It touched an intra day high of Rs 684.00 and an intra day low of Rs 656.20. At 09:01 hrs the share was quoting at Rs 670.00, down Rs 16.6, or 2.42%.

Posted on Wed, 10 Mar 2010 09:00:16 GMT at http://www.moneycontrol.com/india/newsar...ono=445784
Author: Moneycontrol.com editor@moneycontrol.com

Texmo Pipes surges 34% after listing

Wed, 10 Mar 2010 04:57:54 +0000

Shares of Texmo Pipes and Products has seen huge buying interest on the listing day. It has opened at Rs 92.80 and touched a high of Rs 126.70 on the NSE.

Posted on Wed, 10 Mar 2010 09:12:35 GMT at http://www.moneycontrol.com/india/newsar...ono=445805
Author: Moneycontrol.com editor@moneycontrol.com

NMDC followon offer opens today

Wed, 10 Mar 2010 04:57:54 +0000

The followon public offer of NMDC, a navratna public sector undertaking and the largest iron ore producer by volume in India during the last three fiscal years (according to a certificate of the Federation of Indian Mineral Industries dated as of February 8, 2010), opened for subscriptions today.

Posted on Wed, 10 Mar 2010 08:29:31 GMT at http://www.moneycontrol.com/india/newsar...ono=445777
Author: Moneycontrol.com editor@moneycontrol.com

Texmo Pipes to list on March 10

Wed, 10 Mar 2010 04:57:54 +0000

Texmo Pipes and Products has fixed March 10, 2010 as the listing date for its equity shares issued via recent public issue, which got subscribed 7.48 times, as per data available on the NSE website.

Posted on Wed, 10 Mar 2010 07:41:50 GMT at http://www.moneycontrol.com/india/newsar...ono=445779
Author: Moneycontrol.com editor@moneycontrol.com

Is Rs 300350/sh price band for NMDC FPO expensive?

Wed, 10 Mar 2010 04:57:54 +0000

The NMDC stock tanked over 5% today on pricing concerns of its followon public issue. Late last night, the government had set the price band for the issue at Rs 300350 per share, a steep discount to the current market price.

Posted on Tue, 09 Mar 2010 16:36:12 GMT at http://www.moneycontrol.com/india/newsar...ono=445719
Author: Moneycontrol.com editor@moneycontrol.com

Retail investors outsmart QIBs at IPO bets

Wed, 10 Mar 2010 04:57:54 +0000

Among the last 20 IPOs since mid-October 2009, 9 were fully subscribed by retail investors. Quote: NMDC | Top 5 picks | Mid term picks | Top gainers, losers & recos

Posted on Wed, 10 Mar 2010 01:10:55 GMT at http://economictimes.indiatimes.com/mark...665393.cms

IPO-bound realtors sitting on fence despite Sebi nod

Wed, 10 Mar 2010 04:57:54 +0000

Less than a couple of months ago, real estate firms were in a tearing hurry to file their initial public offering (IPO) prospectus with the Securities and Exchange Board of India (SEBI).

Posted on Tue, 09 Mar 2010 18:49:47 GMT at http://economictimes.indiatimes.com/mark...664954.cms