Market News for BSE NSE - 04 June 2013

Market News for BSE NSE - 04 June 2013

   June 03, 2013       Unknown

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Sensex rallies over 100 points; fifteen stocks in action

Nifty is expected to head lower till 5880. In this period the key support will be around 5916, said Somil Mehta of Sharekhan.

Economic Times, 

Also from: First Post.com, Money Control and 5 other sources

Infosys slips as investor euphoria on Murthy's return cools

Analysts have welcomed Narayana Murthy's return as executive chairman, however, there are a lot of challenges ahead, including getting its earnings growth back on track with the wider industry.

Money Control, 

Also from: SME Times, Smart Investor and 3 other sources

Lanco Infratech jumps on bagging EPC contract worth Rs 3293.96 crore from GIPCL

Lanco Infratech is currently trading at Rs. 9.41, up by 0.65 points or 7.42% from its previous closing of Rs. 8.76 on the BSE. The scrip opened at Rs. 9.25 and has touched a high and low of Rs. 9.64 and Rs. 9.13 respectively. So far 3,55,000 shares ...

Indian-Commodity, 

Also from: Business Standard India, Financial Express and 9 other sources

Govt. likely to bring ordinance on food security at Cabinet meet today

The Central Government is likely to bring an ordinance on Food Security Bill at the Cabinet meet today.According to television reports, the government has spoken to all the allies on the proposal.Amid talk of a special session of Parliament on the ...

Business Standard, 

Also from: Business Standard, Yahoo! India

TCS likely to sack nearly 300 employees at Finland office

Tata Consultancy Services, the countrys largest software company, may sack as many as 290 employees at its Finland office, a move that the workers say is an attempt to shift jobs to India. ...

Business Line,

Also from: Business Line, Smart Investor and 2 other sources

Shanghai joins Tata Comm`s telepresence

Tata Communications announced the addition of a state-of-the-art virtual meeting telepresence suite to its global network, situated in the heart of downtown Shanghai. Launched in partnership with China Mobile and JW Marriott Hotel Shanghai, the new in-hotel ...

Myiris, 

Also from: India Infoline, SBICAP Securities and 1 other source

Emerging East Asia's local bond markets grow 12.1% YoY: ADB

The quarterly Asia Bond Monitor assesses the bond markets of the PRC; Hong Kong, China; Indonesia; the Republic of Korea; Malaysia; the Philippines; Singapore; Thailand; and Viet Nam. Emerging East Asia's local currency bond markets expanded 12.1% ...

India Infoline, 

Also from: New Delhi News.Net, Mumbai News.Net and 2 other sources

Suzlon bags two contracts for 13 wind turbines

Suzlon Group-subsidiary, REpower Systems SE, today announced two contracts with ABO Wind for the supply of 13 wind turbines. The turbines of MM92 type will be installed for two wind farms in Burgundy. The wind farms will generate a total output of ...

MyIris, 

Also from: SBICAP Securities, Myiris and 1 other source

SAIL records 11% rise in production of saleable steel in May

State-run Steel Authority of India (SAIL) has recorded best-ever production of saleable steel for May at 1.087 million tonnes (MT), up by 11% over the corresponding month previous year. The production of value added and special steel too surged ...

Indian-Commodity,  

Also from: Business Line, Myiris and 1 other source

Idea rallies on tower sale talks with Axiata; up 25% in 2013

The Aditya Birla group-owned company said that it is in discussions with its second-largest shareholder, Axiata of Malaysia, for selling its towers.

Economic Times, 

Also from: India Infoline, ASAPP and 1 other source