Thursday, August 20, 2009

MArket report for 20th august 2009

Wall St gains as oil data rekindles recovery hopes
Wikipedia launches iPhone application.
Maruti India expects double-digit growth.
ICICI aims for 15-20% growth in SME biz.
KKR, Bain Cap join race to acquire 50% stake in WNS.
RBI wants govt to re-appoint Gopinath as deputy governor.
Glenmark takes 17% knock, biggest in 2 months.
Glenmark's flagship drug hope dies in clinical trials.
Sun wins US court ruling in Eli Lilly patent challenge.
IT/ITeS firms operating income grows 15%.
Indian Auto Gas to set up 1,000 stations by '13.
Air India may vacate Nariman Point HQ.
Usha Shriram targets 20% sales growth.
M&M wins disputed internet site case at WIPO.
Narayana Murthy to join NPCI board.
Panacea bags Rs 1,000-crore Unicef contract.
Australian policy to benefit Suzlon, Tata Power.
Bank of Rajasthan eyes Rs 250cr QIP with 7-8% eq dilution.
Infosys, Mahindra Satyam, Capgemini vie for $200 mn Bombardier deal.
MTN keen to sign indicative agreement with Bharti by Aug 28.
Sterlite may raise Asarco bid to $2.1 bn: Sources.
No rights issue on cards; FY10 net to grow at 40%: SBI.
NHPC IPO response exceeds expectations: Power Min.
Half the country drought-hit.
Rice output may dip by 10 MT.


Singapore Nifty is trading at 4,448.5 up by 46.5 points.