M & A News

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Aditi Technologies acquires ‘Get Cloud Ready'
India Infoline News Service/17:48,May 17, 2013
Get Cloud Ready Consulting was founded by Janakiram MSV, a former Microsoft and Amazon employee and recognized Cloud expert with 15 years of experience.
list SREI Infrastructure not to acquire Austrian Hypo Alpe Adria
list HeidelbergCement clarifies reports on stake sale
list ING agrees to sell part of its direct stake in SulAmérica to IFC
list Vikram Pandit to invest in JM Financial NBFC arm

Calendar

May-2013
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Economic Events
list Rightmove House Prices (YoY)
list Fed's Evans Speaks on Economy in Chicago
Results
list India Cements | Voltas | Apollo Hospitals | Future Retail
IPO
list Issue Opening : Just Dial
list Issue Open : Onesource Techm.
 

Top News

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Bill Gates reclaims world's richest person title
India Infoline News Service/10:43,May 18, 2013
The co-founder of Washington-based Microsoft Corp recaptured title from Mexican investor Carlos Slim Index, and his fortune is valued at $72.7 bn.
list Gold falls for seventh day
list No charge for preferred sales
list Dell Q1 revenue at $14.1bn
list Tata Sons cancels offer for sale

Stock Market News

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Do you own these IIFL technical bets?
India Infoline News Service/18:17,May 17, 2013
If you have missed out on the tear away rally that benchmark indices have seen since the lows of April 16, do not fret. Opportunities for smart returns still exist in the market. IIFL has identified five profitable trading ideas, which could yield handsome returns over the medium-term.
list Weekly: 5th week of gains for Sensex, Nifty
list Power plays: IIFL Inst Eq top utility picks
list ABB up 8%; charts indicate investor bullishness
list Buy Bajaj Finance, target Rs. 1930/sh: IIFL Inst Eq

Economy News

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India Infoline Weekly Newsletter - May 17, 2013
India Infoline News Service/18:16,May 17, 2013
Earlier in the week, markets declined sharply following higher-than expected trade deficit numbers. Trade deficit in April widened to $17.8bn. Exports increased 1.68% at $24.2bn while imports expanded 10.96% at $41.9bn. However, sentiments turned around after April WPI inflation fell to a 41-month low of 4.89%, it means that RBI has pl...
list S&P says downgrade risk exists, keeps rating unchanged
list Fitch affirms IDRs of 12 Global Trading and Universal Banks
list PM’s address at 45th session of the Indian Labour Conference
list Global Finance names world's best supply chain finance providers 2013

Business News

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Gold falls for seventh day
India Infoline News Service/10:30,May 18, 2013
Gold slipped 0.7% to 1,376.69 dollar an ounce. According to reports, Prices reached 1,369.85 dollar yesterday, the lowest since April 18.
list Dell Q1 revenue at $14.1bn
list Tata Sons cancels offer for sale
list S&P negative outlook affirmation BBB- status is unfortunate: CII
list Mercedes-Benz India unveils Mercedes-Benz GL-Class SUV at Rs. 78.88 lakhs

Commodity News

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Corporate News

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Bill Gates reclaims world's richest person title
India Infoline News Service/10:43,May 18, 2013
The co-founder of Washington-based Microsoft Corp recaptured title from Mexican investor Carlos Slim Index, and his fortune is valued at $72.7 bn.
list Gold falls for seventh day
list Dell Q1 revenue at $14.1bn
list S&P negative outlook affirmation BBB- status is unfortunate: CII
list Just Dial IPO to open on May 20

IPO News

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Just Dial IPO to open on May 20
India Infoline News Service/09:45,May 18, 2013
The Offer will open for subscription on, May 20, 2013 and will close on May 22, 2013.
list Just Dial IPO to open on May 20
list Scotts Garments IPO to open on April 25
list Infrastructure Newsletter - March 18 to March 22, 2013
list Govt trims stake sale in SAIL to 5.82%

MF News

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Lifestyle News

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Mercedes-Benz India unveils Mercedes-Benz GL-Class SUV at Rs. 78.88 lakhs
India Infoline News Service/18:58,May 17, 2013
The new GL-Class SUV embodies the new design language of Mercedes-Benz and epitomizes luxury and off-roading; it stands at the pinnacle of the luxury large SUV in India.
list Watch Top Drive on IBN7
list Dolna’s ‘AUDIVAROMA brings alive Spain in Delhi
list President Pranab Mukherjee Chief Guest at 3rd annual convocation of LPU
list Summer Splash @Godrej Nature’s Basket
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