Bharti Airtel's call drops rate has come down to 0.08-2.98 % from the range of 2.92-17.77 % while Idea Cellular rate decreased to 0.14-2.65 % from 3.34-10.90 %, as informed by Department of Telecommunications.
Posts in category All News
Positive ring! Bharti Airtel, Idea Cellular trade in green as call drops rate decline in Delhi (23-11-2015)
Bharti Airtel's call drops rate has come down to 0.08-2.98 % from the range of 2.92-17.77 % while Idea Cellular rate decreased to 0.14-2.65 % from 3.34-10.90 %, as informed by Department of Telecommunications.
Patel Integrated Logistics jumps 5% (23-11-2015)
The Board of Directors of the Company will be held on November 27, 2015, to consider and approve the item of raising of funds up to amount of Rs. 20.00 crore through issue of equity shares and equity warrants on preferential basis.
Will winter session surprise the markets? (23-11-2015)
Participants will keenly watch fate of GST Bill in Parliament
Nifty hovers around 7,850 level (23-11-2015)
Out of 1,750 stocks traded on the NSE, 511 declined and 901 advanced today. A total of 40 stocks registered a fresh 52-week high in trades today, while 17 stocks touched a new 52-week low on the NSE.
India, Malaysia to deepen cooperation in security, defence: PM Modi (23-11-2015)
India and Malaysia also signed MoUs on cyber security, culture and public administration
Vedanta, Hindalco fall over 2% in early trade, here is why (23-11-2015)
In the early trade (at 9.43 am), shares of Vedanta and Hindalco were trading 2.36 per cent and 2.59 per cent down at Rs 90.95 and Rs 75.30, respectively. (Express Photo)
Vedanta and Hindalco share price were under pressure in the early trade on Monday after the announcement by the BSE on Friday that both of these companies will shift out of the BSE benchmark Sensex from December 21.
In the early trade (at 9.43 am), shares of Vedanta and Hindalco were trading 2.36 per cent and 2.59 per cent down at Rs 90.95 and Rs 75.30, respectively.
Both of these companies will be replaced by Adani Ports and Special Economic Zone and Asian Paints. Cheering the news, shares of Adani Ports and Asian Paints were trading 2.87 per cent and 2.20 per cent up at Rs 277.50 and Rs 845, respectively.
The benchmark index BSE Sensex was almost flat at 25,881.90 at the same time.
Besides, three firms — NHPC, Jaiprakash Associates and Unitech — would be dropped from the BSE 100 index as well as S&P BSE Carbonex, while various changes have also been made to a host of other BSE indices as well. NHPC shares were down 0.79 per cent, while Jaiprakash Associates and Unitech were up 0.46 per cent and 1.41 per cent, respectively.
The BSE-100, an index of the top 100 listed companies in the country, would see the inclusion of – Britannia Industries, Bharti Infratel and Motherson Sumi Systems. Shares of Britannia Industries, Bharti Infratel and Motherson Sumi Systems were up 0.60 per cent, 0.70 per cent and 0.67 per cent, respectively, in the early trade.
Advanta gains as board approves merger with UPL (23-11-2015)
Advanta shareholders will get one equity share and three preference shares of UPL for every share held in the company on the record date.
Vakrangee surges 15% on strategic alliance with Ricoh India (23-11-2015)
Reacting to the development, the scrip surged 15 per cent to hit a high of Rs 174.40 on the BSE. Vakrangee is a system integrator and end-to-end technology intensive service provider.
Arvind infrastructure: Godrej Properties in the making? (23-11-2015)
Hey Ashish, I think you're being too kind. In my view, based on my personal and anecdotal experience, way more than 25% of initial inventory is sold to brokers / other speculators. These speculators for example buy a 5,000 Rs/sqft villa by paying just 1000/sqft (mortgage, 20% of prop value) wait for a few months and sell the villa in a few months for 5300 /sq ft (5% appreciation in villa prices), but a 30% return on their invested capital.
That being said though, I think it is almost irrelevant from Arvind infra's perspective. Irrespective of who the buyer is (end user or speculator) Arvind get's the money which reduces working cap and enables them to construct.
Additionally, land Speculator and real estate brokers have a really good grip of their respective markets. If they are snapping up these villas, they expect a pretty good appreciation /demand for it (otherwise why would they buy it)
Am i missing something out? I think bookings are a good barometer of assessing the perceived attractiveness of a real estate project.
On a totally side note, since we are on the subject - An interesting panel discussion on the current real estate scene (Motilal oswal real estate panel) Link below.
SRS soars 8.2% on high volume (23-11-2015)
The scrip opened at Rs. 22.95 and has touched a high and low of Rs. 24.7 and Rs. 22.95 respectively.