Friday, June 4, 2010

Market Report for 4th June 2010

Wall Street ends flat; Crude hits three-week high
Asian markets trading lower; Hang Seng, Straits Times down
ONGC, OIL can fix price of natural gas
Tantis may hike stake in Suzlon via rights issue



BEML plans to set up unit at Bangalore
Vijaya Bank to distribute United India Insurance Products
Canara HSBC OBC Life Insurance gets Rs100 cr capital infusion
Sugarcane acreage, better yields seen push output 30%
Ranbaxy expects $100 mn revenues from South Africa by 2010
Maruti Suzuki to launch new small car at Rs 2.75-3.25 lakh
Reliance Industries seeks US$1 bln loan
Four Soft denies news of Kotak PE selling co stake
Hindustan Unilever to consider share buyback
Mittal signs MoU for K'taka plant, may give priority
Pulses, milk push food inflation to 16.55 per cent
Rs 3.50 hike in petrol, diesel prices on the cards
GMR Energy raises 4.65 bln rupees in PE fund