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 Nov 21, 2009  
 
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Why Warren Buffett hates to invest in gold
Every investor in the world is obsessed with gold these days. For the last one decade, gold has emerged as the best performing asset, be it for legendary commodities investors like Jim Rogers or for h....
 
'Gold price is sitting on a bubble'
People would move on from one hot trend to another. Sometimes it was the Euro, sometimes it was oil, or gold. But the three of them in general moved together. So if they were to decide to take a breat....
 
Promoter group co raises stake in Km Sugar
KM Sugar Mills continued its upward trend on the Bombay Stock Exchange (BSE) today following one of the group companies rising its stake in the company.....
 
India’s gold obsession wows world
The move by India caused a stir in the bullion market and the gold prices soared to $1130 per ounce in the markets on Monday.
And many analysts have expressed their views that the yellow metal wi....
 
Tata Motors ties up for $250 mn with GE capital
Leading Indian car maker, Tata Motors Ltd (BOM: 500570) traded upwards on the Bombay Stock Exchange (BSE) as the company has tied up for USD 250 mn funding for its working capital requirements.....
 
Stocks rise as Sterlite loses Asarco takeover battle
Vedanta resources group company, Sterlite Industries India Ltd (BOM: 500900) gained momentum on the Bombay Stock Exchange (BSE) as the company lost the takeover battle for Asarco.....
 
DuPont-BSES tie-up to boost sugar cane yields
The agreement brings together DuPont's extensive plant biotechnology expertise with BSES's unrivalled knowledge of sugarcane breeding, production and processing. The alliance will focus on the develop....
 
Sterlite zooms 7% on firm copper prices
Copper majors including Sterlite Industries India Ltd (BOM: 500900), Hindustan Copper Ltd (BOM: 513599) and Hindalco Industries Ltd (BOM: 500440) recorded sharp gains on BSE as copper prices edge upwa....
 
NMDC rises 56% on disinvestment plans
State owned mining major, NMDC, formerly known as National Mineral Development Corporation Ltd (BOM: 526371) recorded heavy gains on the bourses over past five trading session as the stock witnessed o....
 
Iron, titanium found on Mercury
Previous Earth and spacecraft-based observations had detected only very low amounts of iron in the silicate minerals covering the innermost world. Because of its immense density, scientists have alrea....
 
Novelis makes profits, Adity Birla group elated
In 2007, when the group was trying to close the deal, the viability of acquiring a downstream company at a time when the whole world was going upstream was questioned. Novelis had a can price sealing ....
 
Lanka buys gold, lifts prices
Sri Lanka’s Central Bank assistant governor Nandalal Weerasinghe however refused to confirm rumours that the bank had purchased around five tonnes of gold.  “We have been observing th....
 
Metal stocks in blue: Jai corp, Tata Steel zoom
Metals major, Tata Steel Ltd (BOM: 500470), Jai Corp Ltd (BOM: 512237) and Sesa Goa Ltd (BOM: 500295) led the sectoral BSE Metals index in green.....
 
Sensex makes weak opening: RIL, Hindalco sink
Key benchmark index, Sensex traded down today at 15688 points down by close to 1.5% or 220 points. Weakness was seen in automobile and realty stocks. The sectoral index, BSE Auto fell by over 1% to 63....
 
Hindalco Q2 PAT down 52%, stock sinks 5%
India-based metal producer, Hindalco Industries Ltd (BOM: 500440) fell on the Bombay Stock Exchange (BSE) today as the company’s Q2 results give a pessimistic report.....
 
Cement stocks plunge on BSE, ACC down 18%
Cement stocks traded under selling pressure as the company’s monthly sales figures give a ‘thumbs-down’ owing to the reduced demand.....
 
Sterlite Energy files for IPO, to raise Rs.5100 crore
Vedanta Group company, Sterlite Industries India Ltd (BOM: 500900) shot up by over 5% during the trading session today on the Bombay Stock Exchange (BSE) after the company’s subsidiary arm, Ster....
 
Elecon Engg Q2 PAT down 32.8%
Material’s handling equipments maker, Elecon Engg Ltd (BOM: 505700) posted a sharp fall in the profits for the second quarter of the current fiscal causing a heavy sellout on the Bombay Stock Ex....
 
Commodities & Stocks are set for rally
To keep things short and to the point, I am seeing momentum cycle lows as of today, magnetic wave lows today, and most commodities and indexes trading at support. These observations, coupled with the ....
 
Sesa Goa faces probe, stock tanks 9%
Metal miner, Sesa Goa Ltd (BOM: 500295) reeled under heavy selling pressure on the Bombay Stock Exchange (BSE) today after the stock sank over 9% in the morning trades.....
 
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