Thursday, May 29, 2008

US job less claims

Initial claims for state unemployment benefits rose modestly last week as the number of continuing claims stayed at a level not seen in four years, the Labor Department reported Thursday. 372000 vs 310000

USA gdp

Economy grows at a 0.9 percent pace, better than first thought but still weak

india stock news

Volkswagen Group delivers 568,000 vehicles worldwide in April

Oil India- IOC tie up with Sonatrach to acquire 4 libian blocks

Asian Electronics approves 49% stake in the share capital of its joint venture company abroad called STS PCB, Ireland.

India`s agriculture sector, which accounts for nearly 17% of the GDP, grew by 3.5% in 2007-08.

Govt. to take decision of fuel price hike in 2-3 days

Karuturi Global acquires 100,000 acres of land in Ethiopia

Dr Reddy`s Laboratories, one of the leading pharmaceuticals companies, announced the launched of Atocor-R (Atorvastatin + Ramipril) in India

PFC to raise Rs 5 bn via bonds

Videocon to set up 1000 MW hydro power project in Uttranchal

Base metal likely to trade weak

Dish TV get members` nod to hike share capital

ICICI Pru ties up with American Express Banking

Kemrock Industries allots preferential shares to RPM International Inc., USA, on preferential basis, for a consideration of Rs 650 a share (including a premium of Rs 640 a share).

Jubilant Organosys acquires Draxis

Jet Airways took delivery of a new Airbus 330-200 aircraft

Piramal Life Sciences lists at BSE

Visa Steel is setting up an integrated steel plant in Chhattisgarh for an investment of around Rs 10 billion,

RCom likely to start due diligence of MTN in next 2 days

Parsvnath Developers may buy 30% stake in Nano City project for Rs 5.5 billion

TCI eyes acquisition, earmarks Rs 1 bn

Niraj Cement IPO subscribe 30% till day three

Vodafone to pay USD 2 bn for second mobile license in Qatar

Sun Pharmaceutical Industries (Sun Pharma), a leading drugmaker, received the notice from Taro Pharmaceutical Industries for termination of merger agreement with the company`s subsidiary, Alkaloida Chemical Company Exclusive Group

L&T to set up Holiday Inn Estancia hotel in Chennai

L&T surges 8% on news of bonus issue company approved 1:1 bonus.