Recent content by Yugal Kishore

Key benchmark indices cut gains after a sharp reversal in early trade as index heavyweight Reliance Industries (RIL) eased from day's high. The BSE 30-share Sensex was up 43.23 points, or 0.48%, off points 107.77 from day's high. IT bellwether Infosys which reported stronger-than-expected Q3...

Key benchmark indices are likely open firm mirroring positive Asian indices. Also reports of the government working on a second stimulus package for the current fiscal may boost the sentiment. Also year end net asset value boosting exercise aid gains. Reportedly the second stimulus package of...

Bank stocks gain on expectations of further fall in inflation The key benchmark indices remained firm in mid-morning trade on positive global cues, on expectations of a second government stimulus package for the slowing economy and on hopes of further rate cuts by the central bank. Bank stocks...

Weak European markets and caution ahead of the expiry of the near month derivatives contracts pulled the market down in mid-afternoon trade. The BSE 30-share Sensex was down 95.84 points, or 0.95%, shedding 169.27 points from the day's high. The Sensex fell below the psychological 10,000 mark...

A steep interest rate cut by the Federal Reserve lifted the domestic bourses in early trade. However, the market soon plunged into the red after India's fourth largest software firm in terms of sales, Satyam Computer Services' aborted attempt to buy two related companies raised concerns about...

The Advance Market Commitment (AMC) is a USD 1.5 billion carrot to industry. The whole experiment rides on setting the “right" price. Too high, and AMC could end up as a giant subsidy to drug firms. Too low and companies might not take the bait. Though the concept of AMC has been around for...

Maruti Suzuki launches A-star Car market leader Maruti Suzuki India unveiled the much - waited, world strategic model, A-star. Powered by the new, state-of-art, light weight, 998cc K10B petrol engine, A-star is the best in class fuel-efficient car with a mileage of 19.59 kilometers per liter as...

JSW Steel enters into JV with Severfield Reeve Structures JSW Building Systems, a wholly owned subsidiary of JSW Steel and UK-based Sever-filed Reeve Structures a wholly owned subsidiary of Severfield Rowen Plc made formalization of a joint venture company to create a significant steelwork...

Vishnu Sugar Mills to hold board meeting The board meeting of Vishnu Sugar Mills will be held on 18 November 2008 to issue shares and convert existing shares in to demate form and to convene extra ordinary general meeting of the members of the company to approve the alteration of the Articles...

Indo Castle Multimedia to issue & allot equity shares The members of Indo Castle Multimedia have approved to issue and allot 1,87,00,000 equity shares of Rs 10 each fully paid up to the shareholders of Bonito Impex in the ratio of 187 equity shares of the company of Rs 10 each credited as fully...