commodity tips

Sun Pharmaceutical Industries has received its board’s approval to raise up to Rs 8,000 crore. The company will raise the said fund through domestic or international offerings. MCX tips| Commodity tips

Hindustan Zinc’s (HZL), mined metal production in FY2013, as per the current year’s mine plan is expected to be slightly higher than the previous year, with production in H1 FY2013 marginally lower than that of last year, which will be more than made up in H2 FY2013. Accordingly, mined metal...

Karnataka Bank is a Mangalore-based, small-sized, old private sector bank which was set up in 1924. The bank had 506 branches and 379 ATMs as on June 30, 2012. Majority of the branch network is in the state of Karnataka. MCX tips| Commodity tips

Punjab National Bank (PNB), in a bid to disburse retail lending and cash on the festive fever has waived off the processing fee for housing, car and personal loans. The offer is valid from October 9, 2012 to November 30, 2012. The bank has also provided a series of relaxations and concessions in...

Neyveli Lignite Corporation (NLC) has entered into a joint venture agreement (JVA) with Uttar Pradesh Rajya Vidyut Utpadan Nigam (UPRVUNL) on October 06, 2012 for setting up a 1,980 MW coal based thermal power project in Ghatampur Tehsil, Kanpur Nagar district at Uttar Pradesh. The company will...

Shares of DLF Monday fell by over 5 percent amid allegations of the company providing undue favours in its transactions with Robert Vadra -- although the charges have been vehemently denied by both the parties. After making weak opening, shares of DLF further lost 5.25 percent at Rs 229.05 on...

The 30-share BSE benchmark dropped 229.48 points or 1.21 percent to close at 18,708.98, weighed down by oil & gas, capital goods, technology, banking and auto stocks. Meanwhile, the 50-share NSE benchmark ended below the 5700 level for the first time in last six sessions; it was down 70.95...

The S&P 500 broke a four-day string of gains, ending slightly lower on Friday as an unexpected drop in the US unemployment rate was overshadowed by concerns about the coming earnings season, which begins with Alcoa next week. The Dow Jones industrial average rose 34.79 points, or 0.26 percent...

Indian rupee appreciated further against the dollar and was trading near 6 month’s high on Friday, owing to big-ticket reforms approved by the Cabinet on Thursday. Government’s decision to increase diesel prices to set the fiscal house in order also boosted the sentiments and now investors are...