Friday, September 4, 2009



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Bhushan Steel buys Aussie exploration firm

Posted: 04 Sep 2009 08:07 PM PDT

Ups stake to 60% in Australia's Bowen Energy, which has large prospecting licence for thermal and coking coalBhushan Steel (Australia), part of Delhi-based cold roller, Bhushan Steel group, has acquired a 60 per cent stake in Australian exploration company, Bowen Energy. Bowen Energy ha...

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Trading volumes in corp bonds pick up steam

Posted: 04 Sep 2009 08:05 PM PDT

CHENNAI: Trading volumes in corporate bonds has picked up pace. Across BSE, NSE and Fixed Income Money Market and Derivatives Association (FIMMDA), nearly Rs 1.28 lakh crore of corporate bonds were traded in the first five months (April-August 27) of the new fiscal, more than 3 times of ...

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ArcelorMittal buys stake in Uttam Galva Steels

Posted: 04 Sep 2009 08:04 PM PDT

NEW DELHI: Uttam Galva Steels on Friday said ArcelorMittal Netherlands, a unit of leading steelmaker ArcelorMittal, has taken a stake in it and L N Mittal Globe’s biggest M&A dealmakers Factors for successful M&As Formula for successful biz India Inc on crossroads b...

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Gold surges to near $1,000; touches new record in India

Posted: 04 Sep 2009 08:03 PM PDT

NEW YORK: Gold prices surged to near 1,000 dollar level in global markets on Friday on investment buying while touching an all-time high in India on festive demand. Gold in the US futures market reached 999.50 dollar last night, the highest price since Feb 23 helped by lower equities as ...

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Posted: 04 Sep 2009 01:39 AM PDT

BUY WELGUJ CMP 235, TARGET: 247, SL 224 Call given by Kartik View Market hour calls ...

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