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Popular Articles

Bollywood eyes private equity as banks go slow
EXIM Bank and IDBI are said to be cautious while financing films, prompting producers to tap PE players and investors like the Dar Capital group.

PNB to bring rural branches under CBS
Punjab National Bank will bring all the rural branches under Core Banking Solution (CBS) platform by the end of this financial year.

News of the day

MTNL for JVs in India, overseas markets: MoU
Amid its falling revenues and net profit, state-run MTNL today said it is keen to expand its areas of operations by forming strategic alliances and joint ventures both within India and overseas.
Public Company

NTPC hits 52-wk high on disinvestment plans

The stock pared most of its gains and ended at Rs 236, up 1% from its previous close. The counter clocked volumes of 1.83 million shares as compared to the two-week daily average traded volumes of 1.20 million shares on the BSE. ____________________________________________ UCO Bank seeks shareholders" nod for fund raising Negative view on state-run oil cos: Fitch Jan cement sales in high double-digit The stock opened at Rs 235 and surged 4% to a new 52 week high at Rs 242. The stock is now up 3% at Rs 239. Around 618,857 shares have been traded on the BSE so far. The next year would see a lot of stock market activity with public issues of government-owned companies coming out every two-three weeks. The government action plan for PSU disinvestment, which is expected to be in place by March, would aim for no more than a three-week gap between two PSU issues. NTPC, along with NMDC and REC would go to the market before March 31, 2010.


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