US crude futures are on track for their first weekly gains in 11 weeks, ending the longest losing streak since 1986. Brent crude is on track for its first weekly gain in two weeks.
Posts tagged MC
Oil mkts extend gains after biggest daily climb in six yrs (28-08-2015)
Gold eyes worst week in 5 as strong US data fuels Fed hike (28-08-2015)
A looming US rate hike has dimmed the appeal of non-interest bearing assets as gold, which may explain the fall in the metal from a recent seven-week high even as global equities tumbled on fears over a slowing Chinese economy.
Dolphin Offshore to acquire 2 vessels for $70 mn in 2 years (28-08-2015)
Navpreet Singh, CFO of Dolphin Offshore says the new vessels are more multipurpose, technologically advanced ships that will be delivered in next two years.
Bihar polls: It is it is advantage NDA so far (28-08-2015)
Viewed as a referendum on Prime Minister Narendra Modi’s government at the Centre, the forthcoming Bihar elections is shaping up to favour the NDA, says Jay Shankar, Chief India Economist Director at Religare Capital Markets.
Nifty eyes 8100, Sensex steady; IT, metals, banks surge (28-08-2015)
Vedanta, ONGC, NTPC, Hindalco and Bajaj Auto are top gainers while Lupin, MM and ITC are laggards in the Sensex.
Aurobindo Pharma up 5%; Citi says top pick, sees 50% rally (28-08-2015)
The brokerage expects Entecavir to be a potentially chunky and sustainable product for Aurobindo. It is only the third generic company (after Teva Par) to get approval for this product.
Confident of meeting 6-7% ARPU guidance in FY16: Dish TV (28-08-2015)
RC Venkateish, CEO, Dish TV is very upbeat of cashing in on demand of movie buffs through their new launch DishFlix.
This is why BOJ will have to turn on stimulus taps again (28-08-2015)
The core consumer price index (CPI), which excludes volatile prices of fresh food but includes prices of oil products, was flat in July from the year-ago period, government data showed on Friday, compared with Reuters’ forecast for a drop of 0.2 percent and down from a 0.1 percent rise in June.
Projects sale will reduce debt by Rs 1700cr: Gammon Infra (28-08-2015)
Gammon Infra has sold its stake in nine projects (six road and three power projects) to Brookfield Core Infra India Fund, a move that will fetch it Rs 563 crore and cut its debt, it informed exchanges today.
Q2 volumes to remain low; expect 3-4% FY16 sales: Escorts (28-08-2015)
In an interview with CNBC-TV18, Bharat Madan, Group Financial Controller at Escorts says volume growth to remain low in the current quarter due to insufficient monsoon.