Wednesday, August 26, 2009



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Intraday calls for 27-08-09

Posted: 26 Aug 2009 08:50 PM PDT

Markets likely to open lower. Buy SEL Manufacturing at 71-72, target: 77. Stoploss: 69.90 View Market hour calls ...

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TCS, Infy, Wipro bag big chunk of BP’s 5-year IT deal

Posted: 26 Aug 2009 08:27 AM PDT

NEW DELHI: Country’s top three IT companies TCS, Infosys and Wipro today bagged a seizable chunk of five- year outsourcing deal from British oil giant BP. ( Watch ) Spokepersons of all three companies did not disclose the size when asked whether the total deal size is worth $ 1.5 ...

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Jindal Cotex IPO to hit capital market tomorrow

Posted: 26 Aug 2009 08:26 AM PDT

MUMBAI: Textile company Jindal Cotex which is coming with over 1.12 crore equity shares will open its initial public offer from tomorrow. The company is coming with 1.24 crore shares for public subscription with price band for the issue at Rs 70-75. The Ludhiana-based company, at the ...

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Globus Spirits IPO opens on Aug 31 Listing date Buy or not

Posted: 26 Aug 2009 07:04 AM PDT

Mumbai: Delhi-based Globus Spirits announced on Tuesday that its initial public offering would open on August 31. JSW Energy to hit capital market in third week of October The price band for the issue has been fixed at Rs 90-Rs 100. The issue will close on September 2. The company’...

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BSE to launch interest rate futures in 8-10 weeks

Posted: 26 Aug 2009 07:00 AM PDT

MUMBAI: The Bombay Stock Exchange (BSE) today said it would launch interest rate futures in the next 8-10 weeks following Sebi approval received for the same. The capital market regulator yesterday approved the launching of BSE’s interest rate futures with immediate effect, a relea...

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Tech Mahindra wins $500 million Swan contract

Posted: 26 Aug 2009 06:59 AM PDT

BANGALORE: Tech Mahindra has won around $500 million outsourcing contract from new telecom entrant Swan Telecom. Swan's outsourcing contract, which witnessed aggressive bidding from IBM, Wipro and Tech Mahindra, comes at a time when Tech Mahindra is attempting to establish itself in th...

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