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Information Technology Markets

Multiformat Transcoder Market Will More Than Double by 2014, In-Stat Says

SCOTTSDALE, Ariz., August 3, 2010-The continuing explosion of video content delivered over the Internet and through mobile video services will drive the multiformat transcoder market to more than double its revenues by 2014, reports In-Stat (http://www.in-stat.com). Multiformat transcoder products were developed to take in content in one format and output it in another, often at […]

Markets

Wall Street Dips on Weak Economic Data

Wall Street dipped on Tuesday as weak data stirred concerns on economic recovery. All major indexes fell about 0.5 percent at the closing. The Commerce Department reported that personal spending and incomes were flat in June, while the personal savings rate rose to the highest level in nearly a year. Meanwhile, another report from the […]

Stock & Share

BP Stock Tumbles as Oil Spill Probes Announced

BP’s stock plummeted and took much of the market down with it on Tuesday, as the US federal government announced criminal and civil investigations into the Gulf of Mexico oil spill. BP engineers, meanwhile, were mounting a renewed effort to stop the gusher, with a method which will initially make the leak worse. Attorney General […]

Markets

Yellow Metal jumped 213% in a Decade

Gold is the safest for long term investment says SANGEETH C.CHERIAN The yellow metal has done extremely well in times of financial crisis: While stocks slumped 43% Through the 1970s gold bounded 73% higher. During the 1987 market crash gold held its value and gained over 4%. And as markets suffered from 2000 into 2002 […]

Stock & Share

Market Watch: Sensex may further advance and Investors can prefer BlueChips

By Sangeeth C Cheriyan Equity market across the globe has been volatile since last one year. This condition has hardly helped the investor either to quit the market or book the profit. In such a scenario one needs to be so vigilant and wise in making decisions to buy or sell. True, the Indian stock […]

Markets

Market Advice: Sensex to move up, invest in blue chips

By Sangeeth C Cherian The equity market has been volatile since last one year. Perhaps this condition neither help the investor to quit the market nor book the profit, so one needs to be vigilant and wise on any decision of buying or selling. True, the Indian stock market was not doing well since last […]

Markets

Wall Street Declines after Fed Official’s Remarks

Wall Street declined on Thursday after a Federal Reserve official made cautious comments on the U.S. economy. The market was higher at the open on Thursday after data from the Labor Department showed the number of people filling for jobless benefits dropped by 11,000 to 457,000 in the week ended July 24, basically in line […]

Currency

Rupee gains 7 paisa against dollar in early trade

The Indian rupee appreciated by 7 paisa to 46.68 a dollar in early trade on the Interbank Foreign Exchange Thursday, largely on the back of fresh capital inflows by foreign funds and dollar’s losses against other currencies. The rupee had lost 9 Paisa at 46.75/76 against the dollar in Wednesday’s trading. Forex dealers said capital […]

Markets

Bajaj Corp IPO opens on 2nd August 2010 Price Band fixed at Rs. 630 to Rs. 660

Bajaj Corp Limited (the “Company” or the “Issuer”), one of India’s leading producers of hair oils, proposes to enter the capital markets on 2nd August, 2010with its Initial Public Offer (“IPO”) of 4,500,000 equity shares of Rs. 5/- each (the “Issue”). The Price Band has been fixed at Rs 630 to Rs. 660. The Issue […]

Markets

SEBI extends deadline for ASBA facility in NFOs

regulator SEBI on Wednesday extended the deadline for mutual funds to implement the ASBA facility for new fund offers to 1st October. Under ASBA–Application Supported by Blocked Amount– deposits of applicants remain in their accounts till the shares are alloted. “It has been decided that Mutual Funds/AMCs shall provide ASBA facility to investors for all […]