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Popular Articles

F&O Outlook: Positive surprises are unlikely
The trading pattern in the Futures & Options (F&O) segment suggests that the Nifty could breach its immediate support of 4,820 and find support at 4,750. Daily technical indicators are currently oversold but without any backing from other studies. According to a technical analyst at JM Financial, the chart set-up remains weak and hence positive surprises are unlikely.

Govt to prosecute RCom for reporting less revenue
The government today said in the Lok Sabha that a special audit has observed that Reliance Communication and its other subsidiaries under reported revenues during 2006-07 and 2007-08.

News of the day

Areva T&D bags order from Hindalco
French power equipment maker Areva"s Indian arm, Areva T&D, today said it has bagged an order from aluminium major Hindalco for erecting 440 kilo volt (Kv) substations at its plants in Singrauli (Madhya Pradesh) and Sambalpur (Orissa).
Public Company

Birla Shloka Edutech fixes FPO price band at Rs 45-50

IT infrastructure provider Birla Shloka Edutech today said it has fixed the price band of it follow-on-public offer between Rs 45 and Rs 50. - Markets end weak - Sensex exhibit weakness - Wockhardt advances on getting US FDA nod - Bilcare gains on GDR issue - M&M slips on plans of aviation extention - Tea shortage to widen on rising demand The members of the public issue committee of the board of directors have decided the price band for the follow-on-public offer (FPO) would be between Rs 45 to Rs 50, Birla Shloka said in a filing to the BSE. The public offer opens on January 11 and would close on January 13.


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