Handshake between Ambani brothers spurs Reliance scrips
21 Nov 2008, 1925 hrs IST

Shares of 3 Mukesh-led group cos rose by 4-7%, while that of cos belonging to Anil group rose by 4-14% at the BSE. 40 richest Indians | Young billionaires

Power, oil & gas chalk up big gains 
21 Nov 2008, 1751 hrs IST

The BSE Power Index ended 6.21 per cent higher on Friday, with the power ministry saying it will shortly meet private sector players to discuss the impact of global financial meltdown on India's power project development plans and help resolve their problems.

Realty stocks under pressure on liquidity concerns 
21 Nov 2008, 1233 hrs IST

Despite the broadbased rally, realty stocks failed to pick up steam on Friday as investors resorted to heavy selling on sustained concerns about availability of funds.

ONGC surges on oil blocks win, Cairn down on oil fall 
21 Nov 2008, 1109 hrs IST

At 11:00 am, ONGC was trading 3.51 per cent higher at Rs 673.25 after touching a high of Rs 685. Cairn India stock was down by 1.93 per cent at Rs 127.10, after touching a low of Rs 122.05 earlier.

Eicher Motors surge 10% on share buyback 
21 Nov 2008, 1034 hrs IST

Eicher Motors rose nearly 10 per cent in early trade after its board approved a buyback of 1.4 million shares up to Rs 691.68 each, more than three times its closing price on Thursday.

No foul play seen in ICICI trading: SEBI 
21 Nov 2008, 0103 hrs IST

SEBI on Thursday said it has found no evidence of manipulative trading in ICICI Bank shares between September 8 and October 10 this year, when the stock price collapsed nearly 50%.

Rebound likely as Sensex closes at year's lows 
20 Nov 2008, 1904 hrs IST, Mohammed Sabir

Weakness in the US and Europe continued to show on the Indian stock markets for seventh consecutive session. After a volatile session equities ended lower Thursday, with Bombay Stock Exchange’s Sensex closing at year’s low.

No evidence of manipulative trading in ICICI Bank shares: SEBI 
20 Nov 2008, 1817 hrs IST

Market regulator SEBI today said it did not find evidence of manipulative trading in shares of ICICI Bank, which had demanded a probe by the watchdog after its scrip came under heavy selling pressure in September.

CLSA lists Bharti, DLF, ITC among top Indian stocks  
20 Nov 2008, 1747 hrs IST

CLSA maintains BUY ratings on Bharti Airtel, ITC and Reliance Industries. Infosys Technologies and Sun Pharma have been rated as over-performers and DLF as under-performer.

Fitch downgrades credit rating of Ansal Properties 
20 Nov 2008, 1604 hrs IST

With a downturn in real estate markets affecting the financial profile of Ansal Properties and Infrastructure Ltd, Fitch Ratings today downgraded the long-term credit rating of the property firm and revised its outlook to negative from stable.