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market above 5000 in sep08 last week. ...
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Rupee is expected to weaken on Monday, following a rise in oil prices and lower Asian stock markets.
* Oil, was trading above $116 a barrel, as a quarter of U.S. crude production was shuttered because of Hurricane Gustav, while Asian stocks were stung by the technology sector, which anticipated slower global demand.
* Domestic refiners are the biggest buyers of dollars and a rise in prices could push up the demand for dollars. India imports about 70 percent of its oil.
* The Nikkei was down 1.4 percent, while Seoul shares fell 3 percent and the Hang Seng index was down 1.7 percent.
* Outflows from Indian stocks of more than $7 billion so far in 2008 have helped weaken the rupee by more than 10 percent.
* The partially convertible rupee ended at 43.935/945 per dollar on Friday, 0.35 percent weaker than its previous close of 43.78/79. It had hit a 17-month low of 44.26 earlier in the week. -IE
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nifty will go upto 4800 level....
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The impasse at Singur caused by the indefinite protest in front of Tata Motors Nano-manufacturing plant by the Trinamool Congress and its allies under Mamata Banerjee seemed to have moved closer to a resolution today even as Tata Motors indicated it would not send its workers and officers to the plant site on September 1. -BS...
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Nift should cross 4500 in sep....
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early signs of reversal....
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i see nifty dip back to 3900...
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I hope nifty go up 4500...
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see nifty future at 4315-4325. on monday...
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good stock for investment at current level...
In reply to:
Manaksia net profit up 48% to Rs 43.33 cr
Posted by :
MMB Messenger
Manaksia posted an increase of 48.79% in its PAT for the first quarter of the 2009 fiscal, which stands at Rs. 43.33 crore as compared to Rs. 29.12 crore in the last fiscal. The Net income for the period stands at Rs. 400.38 crore, a hop of 56.09% as compared to Rs. 256.50 crores in the last fiscal.
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Manaksia posted an increase of 48.79% in its PAT for the first quarter of the 2009 fiscal, which stands at Rs. 43.33 crore as compared to Rs. 29.12 crore in the last fiscal. The Net income for the period stands at Rs. 400.38 crore, a hop of 56.09% as compared to Rs. 256.50 crores in the last fiscal....
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C-DAC (Centre for Development of Advanced Computing), the premiere R&D institution involved in design, development and deployment of advanced IT-based solutions under the Ministry of Communications and IT, Govt of India, organized a symposium on Public Key Infrastructure in Bangalore....
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Smt. Pratibha Patil, Her Excellency, President of India presented the prestigious Dronacharya Award to Mr. Sanjeeva Singh Chief - Tata Football Academy and Sports, Tata Steel, at a function at the Rashtrapati Bhawan in New Delhi today....
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K.K. Birla, noted industrialist and former Rajya Sabha member, died this morning at his residence in calcutta after a brief illness. He was 90. The Chairman of Hindustan Times and several Birla group of industries ...
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K K Birla, noted industrialist and former Rajya Sabha member, died on Saturday morning at his residence in Kolkata after a brief illness. He was 90.
Birla was ailing for the last two weeks and the end came at 7.30 am, family members said. His wife Manorama Devi Birla died about a month ago.
Son of Ghanshyam Das Birla, Krishna Kumar Birla was born in Pilani, Rajasthan, on October 12, 1918.
He was amongst the founder members of the Indian sugar industry, which he joined in 1940. Birla had established one of India's biggest business conglomerates and his industrial empire spans key industries like sugar, fertilizers, chemicals, heavy engineering, textiles, shipping, newspaper etc.
He was a respected parliamentarian, socialite, philanthropist and scholar apart from being an industrialist.
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