Aditya Birla Nuvo Ltd has announced the following Unaudited Results for the quarter ended December 31, 2007:

The Company has posted a net profit of Rs 840.10 million for the quarter ended December 31, 2007 where as the same was at Rs 527.10 million for the quarter ended December 31, 2006. Total Income is Rs 10993.70 […]

Tata Nano aka people’s car aka 1 lakh car has finally been released by Tata Motors. Ratan Tata unvieled the People’s car today. Before the release there were rumours that the 1 lakh car was named Tata Jeh. Some liked calling it Tata Indiva. I can’t remember any other new car release getting so much […]

India will continue to tread on high growth trajectory in the year 2008, albeit at slower pace with high interest rates and appreciating rupee expected to moderate the pace of economic expansion, leading global financial services information firms said.
The economy would record high growth rates as the service sector, which accounts for more than 50 […]

2007 saw the Indian stockmarkets experiencing the biggest revolution in history, showing signs of a major shift in the world’s economic set-up as funds took flight from developed economies and entered emerging markets like India. The Sensex — the Bombay Stock Exchange’s 30-share sensitive index — was on steroids during the year, skyrocketing at […]

They may be at fighting a bitter battle in the bike market - that is no confined to market share but also extends to intellectual property disputes - but personal relations between the Bajajs and Venu Srinivasan appear to be on a smooth track.
“It is only a commercial dispute. I will not allow this to […]

A dip came but a bounce did not. Now maybe one more dip and then a bounce as the market is stretched on the indicators front. If not today then a bounce back on Friday is more of a certainty. The support for the Sensex is at 19160-18965 and the […]

IVRCL Infrastructures & Projects Ltd has announced that the company will foray into mining operations, including exploration and transhipment of minerals, oil and gas.
Strongly entrenched with proven domain knowledge, experience and credentials, IVRCL operates in infrastructure sectors like water & environment, transportation, buildings and industrial structures and power.
IVRCL’s operations cut across geographical frontiers of the […]

Allied Computers IPO which has comleted its allotment is all set to list on 23rd November 2007. Allied Computers IPO is a fixed price issue and the IPO closed for subscription on 12th September 2007. The price band of the IPO has been fixed at Rs 12 . Allied Computers IPO Grey market price is […]

The Sensex is currently hovering around the 20,000 levels. The question that everybody seems to be asking is, where do we go from here? If I am invested, do I book profits or stay invested? How should I decide? We explain below using a few typical questions asked when equity markets scale new highs.
I have […]