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Chennai: As government moves ahead with its plans to involve private players in modernisation of four airports, eight applicants, including Tata Realty, Siemens Project Ventures and GVK Airport, visited the airport here and met the AAI officials.A presentation was made to the applicants, while Airport Authority of India (AAI) officials also answered their queries about the Chennai airport yesterday. ...
New Delhi: Journalists covering the civil aviation beat have been barred from entering Rajiv Gandhi Bhavan where the ministry is based, a move the scribes have protested against.Reporters covering the beat have written to Civil Aviation Minister Ashok Gajapathi Raju and secretary VSomasundaran about the "verbal" orders issued to the CISF personnel not to allow them inside the ministry."Sir, we strongly ...
Gold edged above $1,200 an ounce on Thursday as equities weakened, but the safe-haven metal retained most of its losses from a three-day decline on robust U.S. economic data and strength in the dollar.FUNDAMENTALS* Spot gold had ticked up 0.3 percent to $1,202.65 an ounce by 0035 GMT, after losing 1 percent in the last three sessions.* The metal fell on Wednesday after data showed U.S. private employers ...
Gold prices fell on Wednesday, heading for a third day of losses, as the dollar extended gains versus the euro after U.S. economic data.Data on Wednesday showed U.S. private employers added 212,000 jobs in February, while January's private payrolls were revised upwards to 250,000.Spot gold , higher initially, fell 0.3 percent to $1,199.80 an ounce by 2:47 p.m. EST (1947 GMT). The metal had fallen to ...
Chennai: As government moves ahead with its plans to involve private players in modernisation of four airports, eight applicants, including Tata Realty, Siemens Project Ventures and GVK Airport, visited the airport here and met the AAI officials.A presentation was made to the applicants, while Airport Authority of India (AAI) officials also answered their queries about the Chennai airport yesterday. ...
Day Two of the e-auction of radio frequency spectrum, or airwaves, for telecom services saw bids placed for all the four frequencies on the block, with the eight companies in the fray making an offer for Rs.65,000 crore at the end of the 11th round, the government said on Thursday."The auction of spectrum in 2,100 MHz, 1,800 MHz, 900 MHz and 800 MHz Bands re- commenced today (Thursday) at 9 a.m. and ...

Today's picks

2013-02-19 18:00:00

NIFT Current: 5,898 (futures: 5,906) Target: NA Index remains range-bound between 5,870 and 5,925 with very nominal futures premium. The range today could be 5,850 or 5,950. Stop-loss shorts at 5,925 and stop-loss long positions at 5,975. A long 5,800p (19) and long 6,000c (21) could gain 10-12 if the market swings 50 points in either direction. STATE BANK OF INDIA Current price: Rs 2,263 Target price: ...

Today's picks

2013-02-09 18:00:00

NIFTY Current: 5,939 (futures: 5,964);Target: NAThe downtrend continued. Key support was tested at 5,930. A drop below 5,920 could mean a dip till 5,875. A bounce will hit resistance at 5,975-5,990. Futures premium has increased to 25, which may mean a pullback on short-covering. The bearspread of long 5,900p (48) versus short 5,800p (23) continues to look attractive.TATA STEEL Current price: Rs 390;Target ...
Emerging markets' output growth rose to a 5-month high in February, and manufacturing as well as services sector in India expanded at a faster pace than China during the month, an HSBC survey said today.The HSBC Emerging Markets Index (EMI), a monthly indicator derived from Purchasing Managers' Index surveys, rose to 51.9, from 51.2 in January, signalling fastest rate of expansion since last September, ...
By Pamela Barbaglia and Neil Maidment LONDON (Reuters) - British government services group Serco expects binding offers for its Indian outsourcing unit in early April, with private equity firms the strongest contenders to lead a management buyout, three sources familiar with the matter said. Serco, which runs one of India's largest business process outsourcing (BPO) firms and has over 60,00 employees, ...
MUMBAI (Reuters) - Stock market index provider FTSE Group has added Bosch and raised the shares of eight other Indian companies, including Yes Bank, to large-caps from mid-cap earlier in its Asia Pacific ex-Japan index. FTSE's changes, which came after a semi-annual review of indices, may lead to net inflows of nearly $150 million in Indian shares and may help soothe worries about huge India overweight ...
MUMBAI, March 5 (Reuters) - Stock market index provider FTSE Group has added Bosch and raised the shares of eight other Indian companies, including Yes Bank, to large-caps from mid-cap earlier in its Asia Pacific ex-Japan index. FTSE's changes, which came after a semi-annual review of indices, may lead to net inflows of nearly $150 million in Indian shares and may help soothe worries about huge ...
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