Archive for the 'Indian Stock Market News' Category

Global meltdown: Experts react

There is a global meltdown and it’s a terribly gloomy picture all across. Asian markets slumped on Wall Street cues. Crude has fallen below USD 86 pre barrel and is now trading at USD 82.15 per barrel on demand concerns. Gold prices plunged on demand concerns.

Wockhardt, Sinclair sign pact


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Tatas pick Gujarat for Nano

Gandhinagar, Oct. 7 The Rs 1 lakh dream car ‘Nano’ of Mr Ratan Tata will now roll out from an integrated project near Sanand town in Ahmedabad district, from the same cattle farm for whose establishment during a severe famine in 1900

Parts suppliers support Nano’s move to Gujarat

New Delhi, Oct. 7 Auto component suppliers to Tata Motors’ Nano expressed their willingness to move to Gujarat to help roll out the world’s cheapest car, shrugging off investments made in Singur.

Consolidated Construction looking at new infrastructure projects

Chennai, Oct. 7 The Chennai-based Consolidated Construction Consortium Ltd, an infrastructure construction company, is widening its area of operations into heavy civil works and water treatment plants, according to the company’s Chairman

NTPC pays Rs 590.37 cr dividend to Govt

National Thermal Power Corporation (NTPC) declared its highest ever dividend. At about Rs 2,886 crore for the financial year 2007-08, it amounts to 35 per cent of the PSU’s paid up capital. Shareholders of the company approved a final dividend

Wages of 300 acres

The dust has settled down on the Singur issue — more accurately, the 300 acres on which the fate of the people depended — and it is time West Bengal looks ahead and tries to fathom what is in store for it on the growth front.

Monnet Ispat to offer coal washing tech

New Delhi, Oct. 7 Sponge iron manufacturer Monnet Ispat & Energy Ltd (MIEL) has finalised plans to enter the services sector and provide total solution for setting up coal washeries. For this, it has tied up with Japan Coal Energy Centre

Experts react to coordinated global rate cuts

Central banks around the world cut interest rates in a coordinated move amid mounting losses on global stock markets, as the credit crunch continued to seize up lending. However, experts feel the rate cuts alone would not solve the global turmoil. They feel governments in US and Europe will not let their bank fail.