Monday, August 23, 2010



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Intraday calls for 24-08-10

Posted: 23 Aug 2010 07:59 PM PDT

Markets likely to see a flat opening. Support for nifty is at 5500. Buy Bajaj Hindusthan Ltd at 126, target: 131. Stoploss: 123 Trade in small quantities. View Market hour calls ...

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AIG repaying nearly $4 billion in federal loans

Posted: 23 Aug 2010 12:30 PM PDT

Mark Jewell, AP Business Writer, On Monday August 23, 2010, 11:07 am EDT In its single biggest repayment of bailout loans so far, American International Group Inc. said Monday it is paying back nearly $4 billion in taxpayer aid with proceeds from a recent debt sale. The insurer’s...

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India will beat China says Morgan Stanley

Posted: 23 Aug 2010 12:15 PM PDT

By 2013-15, India will outpace China's growth, predicts Morgan Stanley, basing its arguments on the same old demographic facts. A Morgan Stanley (MS) report dated 13th August makes a bold statement: By 2013-15, India will start outpacing China's gross domestic product (GDP) growth. A...

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Tata Global Beverages plans restructuring: Tata

Posted: 23 Aug 2010 09:11 AM PDT

Tata Global Beverages, formerly Tata Tea Ltd, is considering restructuring the company’s operations at various levels and aiming to launch a new nutrition-based beverage, top officials said on Monday. “We are looking at merging like businesses. Whenever we believe there is sc...

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