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Business_Standard/Business

Indian ADRs end mixed

The Indian ADRs had a mixed day with four out of twelve stocks closing in the red.

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Business_Standard/Business

FIIs net buyers of Rs 2108 cr in F on Tuesday - The foreign institutional investors (FIIs) were net buyers of Rs 2108.33 crore in futures and options segments on Tuesday.

Pre-market Muted opening on cards - Markets may continue to remain volatile on back of earnings season, technicals analysts said that bulls were trying to take control on Nifty.

Indian ADRs end mixed - The Indian ADRs had a mixed day with four out of twelve stocks closing in the red.

Pak hit by earthquake North India feels tremors - New Delhi: Southwest Pakistan was hit by a powerful earthquake of 7.4 magnitude at about 2 am IST on Wednesday. The tremors were felt in parts of North India like Delhi, Rajasthan and Haryana, according to reports on television.

Obama urged to ask Hu not to dump steel products in US - Members of US Congressional Steel Caucus appealed to President Barack Obama to ask his Chinese counterpart Hu Jintao not to dump steel products in the American market.

Oil mixed after IEA warning on 100 price - Oil was mixed in Asian trade today after the International Energy Agency warned that high crude prices posed a risk to the global economy.

Rupee gains 7 paise against dollar - The rupee strengthened by 7 paise to Rs 45.35 a dollar in early trade today on weakness in the US currency against major world currencies.

PM Singh to reshuffle cabinet amid graft inflation - Prime Minister Manmohan Singh will reshuffle his cabinet on Wednesday in a mid-term effort to refresh a coalition government snared by corruption scandals and year-high food inflation as it faces key state elections.

Oil secretary to press for crude tax changes - The oil ministry will seek changes in crude and products duties after industry asked for cuts, Oil Secretary S Sundareshan said on Wednesday, as international crude prices hover near two-year highs.

Krishna met Aus Energy Minister raises uranium issue - External Affairs Minister S M Krishna today pressed Australia to reverse its policy of not selling uranium to India.

Over 1.25 lakh families became legal landowners in 2010 - In the year gone by about 1.25 lakh families in India became legal landowners, said a US-based non-profit organisation which has worked with the local government agencies.

India may finalise Iran oil payment route soon - The government may finalise routing of funds as payment towards Iran oil imports in the next few days, Oil Secretary S Sundareshan said on Wednesday.

Emerging economies get more FDI for the first time UNCTAD - Developing and transition economies, for the first time, absorbed more than half of global foreign direct investment flows of about 1,122 billion in 2010, according to a UN body report.

Inflation to prompt more RBI rate hikes in 2011 - Indias uncomfortably high inflation will subside only gradually in the coming quarters as the economy continues to race ahead, likely prompting the Reserve Bank to hike interest rates more aggressively than earlier thought, a Reuters poll showed.

Farm equipment firm Deere & Co to invest in India - Global leading farm equipment manufacturer Deere & Co today said it will invest around 100 million (about Rs 450 crore) in India to set up a new factory and expand the capacity of its existing plant in Pune.



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