Friday, August 7, 2009



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Investors finally find good news on unemployment

Posted: 07 Aug 2009 08:17 AM PDT

Better-than-expected jobs report pushes stocks higher, feeds hopes for economic recovery By Stephen Bernard, AP Business Writer NEW YORK (AP) — Investors finally got some good news about unemployment. Stocks rose Friday after the government’s July jobs report showed job los...

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NHPC IPO Analysis And Research Report

Posted: 07 Aug 2009 08:12 AM PDT

NHPC Ltd, a central PSU mini ratna, is the largest hydroelectric generator in the country with 13 stations operating and an installed capacity of 5,175MW. It accounts for 14% of the country's hydro capacity. NHPC's plans to nearly double its standalone capacity will play an institutio...

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KG basin gas row heats up as RIL speaks out

Posted: 07 Aug 2009 08:05 AM PDT

RIL says while its chairman Mukesh Ambani is profoundly saddened by his brother`s remarks, he requests the media to respect his decision not to respond RIL says the public statements by Anil Ambani and his aides are attempts to convert legal issues into a public spat Reliance Industries...

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NHPC IPO oversubscribed seven times

Posted: 07 Aug 2009 07:56 AM PDT

MUMBAI: State-run National Hydroelectric Power Corp’s (NHPC) initial public offer (IPO ) was oversubscribed a little over seven times, according to the data available with the National Stock Exchange (NSE) Friday. The company had offered 167.73 crore shares with a face value of R...

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AIG posts first profit in seven quarters

Posted: 07 Aug 2009 07:55 AM PDT

NEW YORK: American International Group Inc, the insurer that received about $180 billion of federal bailouts, posted its first profit in seven AIG Top 10 largest recipients of AIG money Fact file on AIG quarters and shares rose 9 percent. The second-quarter net profit attributable to...

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