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Classic Diamonds was at a high of Rs136 on 11 January 2008. This was when the stock market was at an all-time high. Following the cascading market decline, this stock too collapsed and came down all the way to Rs6.15 on 6 March 2009. It recovered to Rs21 on 5th June, declined thereafter to take...

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Binani Industries was at a high of about Rs140 on 25 April 2008. Thereafter, the stock collapsed to take support at Rs26 on 31 October 2008. It made a feeble attempt to rise again, touching Rs44 on 14 November 2008. At this point, the decline was not over, and all further attempts to rise were...

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Three good stocks from the power sector—outside the expensive, obvious names. Analysis by ML Research Desk The power sector is hot, for good reasons. India will remain power-hungry for decades and this demand will translate into a steady cash flow for Indian power companies. But you must be...

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With an order book worth Rs2,400 crore and growing fast, Pratibha Industries is a good infrastructure play Pratibha Industries (PIL) is into design, engineering and construction of water transmission & distribution (T&D) projects, water treatment plants, reservoirs, mass housing projects,...

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Moneylife Digital Team 15 December 2009
Empower Industries (Rs32) Empower Industries is supposed to be in the business of ‘information technology resale and systems integration’. It has entered into a strategic, technical and marketing alliance with HTL Co Japan Limited and also formed a joint venture with US-based SPS Inc. The...

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The Internet search giant has said that it has shared a device with its employees across the globe which combines innovative hardware from a partner with software that runs on Android, to experiment with new mobile features and capabilities In a strategic move that marks its foray into direct...

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Amritha Pillay 15 December 2009
Cement prices for both these regions are likely to increase by an additional Rs 5 per bag due to shortages of rakes needed to transport cement Cement prices in the western and southern regions are likely to increase by another Rs5 per bag in a week’s time, say dealers as well as analysts. Of...

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Looks-conscious consumers propped up sales of fast-moving consumer goods (FMCG) companies, who in turn rewarded loyalty by not raising prices of fairness, anti-ageing creams, bathing bars and their likes, although input costs have risen in an economy ravaged by drought and then floods As the...

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Pallabika Ganguly 15 December 2009
Are big retail chains like Big Bazaar treating customers like potential thieves? Women customers are furious at Big Bazaar’s new policy of sealing hand bags in transparent plastic. “One of the largest retail chains recently instituted humiliating and discriminatory practices in New Delhi and...

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The cement producer is planning to invest Rs2,000 crore to increase its cement output by 2 million tonnes within this fiscal. It will also raise power generation capacity by over four-fold by FY12 Kolkata-based Shree Cement Ltd on Tuesday said that it plans to invest Rs2,000 crore to increase...

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A T-20 portfolio, like the cricket match of that format, will be a risky affair The mutual fund industry is never short of innovation and fancy ideas. The two biggest draws in India are Bollywood and cricket, so it is no surprise that we now have a fund called T-20, from Birla Sun Life Mutual...

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Ravi Samalad 14 December 2009
A senior citizen and investor is running from pillar to post to receive a deposit receipt from a company, which is busy ‘thanking’ investors through massive advertising ‘THANK YOU DEPOSITORS’ proclaims a recent, huge advertisement brought out by Jaiprakash Associates Ltd, a Jaypee group...

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Ravi Samalad 14 December 2009
A senior citizen and investor is running from pillar to post to receive a deposit receipt from a company, which is busy ‘thanking’ investors through massive advertising ‘THANK YOU DEPOSITORS’ proclaims a recent, huge advertisement brought out by Jaiprakash Associates Ltd, a Jaypee group...

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The draft direct tax code, on which the government has invited comments from the public, has argued for bringing the entire range of savings schemes under the EET mode of taxation Trade unions have asked the Indian government to shelve the proposal in the draft Direct Tax Code (DTC) to tax all...

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The draft direct tax code, on which the government has invited comments from the public, has argued for bringing the entire range of savings schemes under the EET mode of taxation Trade unions have asked the Indian government to shelve the proposal in the draft Direct Tax Code (DTC) to tax all...

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Dabur is looking at expanding its 'Rea' and 'Activ' range, including entry into new formats of packaged food products, which are showing good growth potential Fast-moving consumer goods (FMCG) company Dabur India Ltd has said that it plans to launch ready-to-cook products under its 'Hommade'...

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Swapnil Suvarna 14 December 2009
Rising inflation pulled down Indian markets, while Asian markets remained positive after news reports of Dubai’s bailout package Indian markets slipped on fears that recovery in the economy and a surge in the wholesale price inflation index may add pressure on the central bank to raise...

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Amritha Pillay 14 December 2009
Domestic and global shipping companies expect growth in volumes for the container segment. However, they are less bullish on growth in freight rates The container segment has witnessed a revival in trade volumes. However, it continues to remain under pressure in terms of freight rates. This...

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Dubai has received $10 billion in financing from fellow emirate Abu Dhabi, which will be used to pay part of the debt held by Dubai World and its property unit Nakheel The government of Dubai, acting through the Supreme Fiscal Committee (SFC), on Monday said that its neighbour Abu Dhabi had...

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Dubai has received $10 billion in financing from fellow emirate Abu Dhabi, which will be used to pay part of the debt held by Dubai World and its property unit Nakheel The government of Dubai, acting through the Supreme Fiscal Committee (SFC), on Monday said that its neighbour Abu Dhabi had...

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