Their stock goes up... on Fridays
OVER the past four weeks, the indices have consistently risen on Fridays, irrespective of the trend prevailing on the other trading days. For instance, last Friday, the Nifty was up by about 8 points to 1725.10 mainly due to the surge in ...
Equity investors see mixed fortunes ahead
THIS financial year arguably belonged to the stock markets. However, for all the "feel-good" - popular fuel for economy and politics alike - investors, it seems, are looking ahead to a year of mixed prospects. Morgan Stanley, a top ...
Now, banks have a `free' run of loans
TAKE a bank loan, win a car, TV or refrigerator. Banks seem to be aping FMCG (fast moving consumer goods) companies these days with retail finance being a very competitive market. Bankers say that the days of `Take one loan, get one free' may not ...
Tata Power joins Spectrum race
TATA Power Company Ltd has joined the race for acquiring a controlling stake in the troubled Spectrum Power Generation Ltd (SPGL). Reliance Energy and GVK Power are already said to be in talks with lenders for picking up the 35 per cent stake ...
Govt yet to wake up to drug-resistant TB
THE calendar would mark another World Tuberculosis (TB) Day (March 24) when mind-boggling statistics will be served up on the illness. But even as the Government is trying to get a handle on TB in the country, lurking in the wings is a ...
`We need a lot of cash for our business plans'
DR Nachiket Mor is projected as the cerebral face of ICICI Bank. His youthful looks and small frame belie a quick and articulate mind. The fast talking Dr Mor has formidable qualifications - a doctorate in economics from the University of ...
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