United Airlines said Wednesday that it's cutting up to 1,100 more jobs
Service sector growth moderates in May
Xilinx to cut 7% of work force
Wednesday, June 4, 2008
USA economy
U.S. May ISM services index stays above key 50% level
U.S. May ISM services index 51.7% vs 52.0 April
Energy sector down ahead of inventories data (tomorrow)
U.S. stocks attempt to recover from three days of losses
Financial stocks slide in early action
Companies in the U.S. private sector added 40,000 jobs in May, according to the ADP employment report
U.S. Q1 productivity revised up to 2.6% vs. 2.3% prev
U.S. May ISM services index 51.7% vs 52.0 April
Energy sector down ahead of inventories data (tomorrow)
U.S. stocks attempt to recover from three days of losses
Financial stocks slide in early action
Companies in the U.S. private sector added 40,000 jobs in May, according to the ADP employment report
U.S. Q1 productivity revised up to 2.6% vs. 2.3% prev
news
SRF announced an open offer to buy back about 4.38 million shares worth Rs 700 million
Larsen & Toubro (L&T) bags order from BHEL for supply of main power equipment for a proposed 1,600 mw power project in Andhra Pradesh
Larsen & Toubro (L&T) bags order from BHEL for supply of main power equipment for a proposed 1,600 mw power project in Andhra Pradesh
stock
Shri Dinesh Mills board to consider stock split, dividend .
Jindal Steel arm bags 2,640 MW power project
AIA Engg. board approves 1:5 stock split
Fuel price hike: Petrol up Rs 5 a litre; Diesel up Rs 3 a litre ,LPG have been hiked by Rs 50 per cylinder
National Aluminium Company (Nalco) reduced prices of its rolled products by Rs 3,500 per ton
General Motors to shut down 4 North American plants
Deep Industries bags Rs 143 mn order from RIL
Aksh Optifibre inked an agreement with BSNL, world`s seventh largest telecom company in the world, to provide Interactive Personalized Television (IPTV) services
NMDC has entered into an MoU with Spice Minerals and Metals to form 50:50 joint venture (JV) company namely `NMDC Spice International`,
Spice Communications, may consider acquiring the stake of Telekom Malaysia
Deepak Fertilisers to foray into contract mining
Mudra to build Rs 3-bn spandex yarn unit at Silvassa
GMR Industries is investing about Rs 8 billion to set up sugar mills in Karnataka
Hanung Toys and Textiles is planning to acquire three overseas companies through deals worth USD 30 million
Suzlon Energy is among six others who have signed an agreement with the US government to help the world`s biggest economy generate 20% of its electricty using wind power by 2030
Ispat Industries will buy a 40% stake each in three overseas mines of Global Steel Holdings,Global Steel owns 70% stakes in iron ore mine in Brazil and two coal mines in Columbia and Mozambique
Jindal Steel arm bags 2,640 MW power project
AIA Engg. board approves 1:5 stock split
Fuel price hike: Petrol up Rs 5 a litre; Diesel up Rs 3 a litre ,LPG have been hiked by Rs 50 per cylinder
National Aluminium Company (Nalco) reduced prices of its rolled products by Rs 3,500 per ton
General Motors to shut down 4 North American plants
Deep Industries bags Rs 143 mn order from RIL
Aksh Optifibre inked an agreement with BSNL, world`s seventh largest telecom company in the world, to provide Interactive Personalized Television (IPTV) services
NMDC has entered into an MoU with Spice Minerals and Metals to form 50:50 joint venture (JV) company namely `NMDC Spice International`,
Spice Communications, may consider acquiring the stake of Telekom Malaysia
Deepak Fertilisers to foray into contract mining
Mudra to build Rs 3-bn spandex yarn unit at Silvassa
GMR Industries is investing about Rs 8 billion to set up sugar mills in Karnataka
Hanung Toys and Textiles is planning to acquire three overseas companies through deals worth USD 30 million
Suzlon Energy is among six others who have signed an agreement with the US government to help the world`s biggest economy generate 20% of its electricty using wind power by 2030
Ispat Industries will buy a 40% stake each in three overseas mines of Global Steel Holdings,Global Steel owns 70% stakes in iron ore mine in Brazil and two coal mines in Columbia and Mozambique
india stock news
First Winner Industries` Rs 715 mn IPO on June 9 ,Mumbai based company engaged in the business of trading of textile fabric and manufacturing of grey fabric
India`s natural rubber production up 27% in May`08
Fitch places Reliance Infrastructure on Negative Watch
Infosys Technologies to set up Research Center at USC in US
Govt. withdraws custom duty on crude to curb the rising prices
Essar eyes Pakistani energy, steel, shipping sectors
Ipca Lab receive US FDA approval for Propranolol Hydrochloride tablets
Compucom Software bags Rs 1.42 bn worth project from Rajasthan govt
India`s natural rubber production up 27% in May`08
Fitch places Reliance Infrastructure on Negative Watch
Infosys Technologies to set up Research Center at USC in US
Govt. withdraws custom duty on crude to curb the rising prices
Essar eyes Pakistani energy, steel, shipping sectors
Ipca Lab receive US FDA approval for Propranolol Hydrochloride tablets
Compucom Software bags Rs 1.42 bn worth project from Rajasthan govt
USA economy
MBA's purchase index fell 5.4 percent in the May 30 week to a very low 333.6 though the four-week average isn't quite as low at 354.3.
Challenger's job cut count totals 103,522 in May, up from April's 90,015
Challenger's job cut count totals 103,522 in May, up from April's 90,015
Global Economy
U.K. consumer confidence falls to four-year low in May
India raises fuel prices, cuts tax on crude oil imports
Homebuilders fell in London on Wednesday after UBS analysts said that they believe house prices in the U.K. could decline by between 15% to 20%,
U.K. May services PMI falls more than expected
India raises fuel prices, cuts tax on crude oil imports
Homebuilders fell in London on Wednesday after UBS analysts said that they believe house prices in the U.K. could decline by between 15% to 20%,
U.K. May services PMI falls more than expected
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