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Indian Hotels moves Delhi HC against auction of Taj Mansingh Hotel
Tata Group-owned Indian Hotels has moved the Delhi high court against the proposed auction of its marquee Taj Mansingh Hotel in the national capital even though its extended lease expires in October #Tata Group #ToWhatEffect #NMDC #IHC #Indian Hotels Company
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PC's math: earn Rs 24k crore by destroying Rs 50k cr value
Government's stake sale plan may have fetched close to Rs 24,000 crore, but it came at a high cost: the distress sale cost the companies nearly twice as much in terms of market valuation. #P. Chidambaram #ToWhatEffect #NTPC #SAIL #stake sale #Divestment #NMDC #Oil India
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NMDC suffers revenue loss of Rs 746 cr from 2007-10: CAG
Iron ore miner NMDC has suffered Rs 745.94 crore revenue loss during 2007-10 for not revising the domestic prices of the steel-making raw material in line with prevailing market rates, government auditor CAG said. #CAG #Iron ore #NMDC #ExpertView #losses
Wire
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Rediff
5 Nifty stocks that LOST money in the recent rally
Five out of the 50 stocks that make up the National Stock Exchange's Nifty index have not only underperformed the recent rally, but also they have lost money for investors even as the index rose more than 8 per cent. Ranbaxy Laboratories Ltd, Tata Power #Tata Power #Ranbaxy Laboratories #HCL Technologies
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Economic Times
Expect good upside in City Union Bank & Surya Roshni in short term: G Chokkalingam, Centrum Wealth Management
ET Now: What about Wockhardt? Has the fall been overdone and would you buy into that stock or would you stay away? G Chokkalingam: I would still stay away because apart from Wockhardt we have seen some allegations on Ranbaxy. So at least for the next one #India #Tata Motors Ltd #Europe
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Moneycontrol.com
Franklin Templeton buys banks, auto; sells IT, metals
Franklin Templeton Asset Management has enhanced its exposure in banking & financial services, automotive and cement & construction sector. JK Lakshmi Cement, Wipro and Karur Vysya Bank were the top buys, while NHPC, TV18 Broadcast and NMDC were the top #Wipro Limited #HDFC Bank Limited #Coromandel, NZ




