- IPL spot-fixing case: Net widens, police watching 3 more players, other bookies
- IPL 2013: Imperious Brad Hodge powers Rajasthan Royals to qualifier
- Sonia Gandhi, PM Manmohan Singh slam BJP for disrupting Parliament, stalling bills
- IPL spot-fixing: 'Bookie' Vindoo was close to BCCI chief's son-in-law, say cops
- Jessica Lall case: Shayan Munshi to face perjury trial
HSBC downgrades RIL to 'underweight'
HSBC cut Reliance Industries to 'underweight' from 'neutral' saying the energy conglomerate was unlikely to sustain a sudden jump in refining margins seen in August, while also citing concerns about the recent rally in share prices. HSBC maintained its target price at R800. Reliance posted its fourth consecutive drop in quarterly profit on Monday but met market estimates, as refining margins rebounded and treasury gains from its huge cash pile bolstered profits.
Depositories to get penal powers for demat faults
Regulator Sebi has decided to empower depositories to take penal action against companies that do not properly reconcile their demat and physical shares and thus expose the equity market and investors to possible frauds. The depositories have the mandate to help the companies convert their physical shares into de-materialised or demat form and thereafter maintain those shares, while the companies are required to reconcile their total share capital, including physical and demat shares, in a proper manner.
CSuisse suggests switch from M&M to Maruti
Credit Suisse downgrades automaker Mahindra & Mahindra to 'neutral' from 'outperform' and recommends investors switch to Maruti Suzuki instead. The investment bank says Mahindra & Mahindra's product cycle in utility vehicles will peak while also pointing to its lower-than-expected tractor sales. By contrast, Credit Suisse says Maruti's Ertiga utility vehicle is seeing "phenomenal success".
- Paddy shortfall blamed for mystery death of procurement officer
- 'Bookie' Vindoo was close to BCCI chief’s son-in-law: cops
- Net widens, police watching three more players, new set of bookies
- Suspected Islamists behead soldier on London street
- Malegaon 2006 case: NIA names four right wing terror suspects
- BJP invokes 'sarcasm, ridicule' against PM