RIL Eyes CWC Storehouses

Reliance IndustriesReliance Industries (RIL) has started out bending its power to smarten

Market Ends Week On Depressive Note

BSE SensexThe 30-share index opened flat at 14,129.89 and then lost its power and started trading negatively. In the mid-noon trades, the index continued to trade in a negative zone and closed lower. Stocks from oil & gas, automobile and metal led the declines.
In contrast, Asian stocks heaved after increase in metals prices that pushed metal stocks towards the upward direction and US productivity data exhibited better-than-expected growth.
The BSE Sensex ended the day at 13,934.27, after losing 143.94 points while Nifty closed at 4,117.35, down 33.5 points.
Out of the total 2,667 shares, 1,130 boosted, 1,453 turned down while 84 remained on their previous places.

Market Ends Optimistically, More Gains Expected

After openingStock Markets sturdily at 13,987.77, the stock market continued to trade optimistically on the back of Asian market that climbed up to their weekly highs.
Then, in the afternoon trades, the stock index continued its volatility and touched a high of 14,082.26, and lastly ended on a firm note. The stocks, which led the advancements, include auto, cement and metal.
Likewise, Asian stocks mounted Thursday on profits viewpoint that advanced sureness in investors and as Korea Electric Power Corp. reported better than expected earnings. In addition, United Microelectronics Corp. also reported elevated earnings.

HDFC's Net Grows By 29%

Housing Development Finance CorporationHousing Development Finance Corporat

Hindalco Posts Up Q4 Results

Hindalco IndustriesHindalco Industries has declared the results of the final quarter of the

Indian Power Companies are looking for equipment from Japan and China

The growing power demand in the country is turning out to be great news for international electrical equipment manufacturers. Power majors like Tata Power Company (TPC), Reliance Energy (REL), National Thermal Power Corporation (NTPC) and Larson & Tubro (L&T) are currently in negotiations with several global leaders for equipment orders that could add up to millions of dollars.
TPC is in talks with Japanese companies Hitachi, Mitsubishi and Toshiba for super-critical technology, said sources. REL has already joined hands with Shanghai Electric for sourcing equipment for its three projects — Hisar (1,200 MW), Yamunanagar (600 MW) and Rosa (1,200 MW). The company is planning to continue the tie-up for its forthcoming projects also, the sources added.

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