News Flash
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Parkway, a strategic asset for Fortis
India's Fortis Hospitals has added Singaporean healthcare company Parkway Holdings to its India-focused play. But is Rs 3120 crore a tad too much for a 23.9 per cent stake?
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Rupee gains amid continued capital inflows
The rupee on Friday gained 18 paise, or 0.34 per cent, against the US currency to close at 45.43/44 on dollar selling by exporters and banks amid continued capital inflows into the stock markets.
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Banks flush with surplus liquidity: Pranab
Finance Minister Pranab Mukherjee on Friday said there is ample liquidity in the economy even after the recent hike in the cash reserve ratio (CRR), the mandatory amount banks have to park with the central bank.
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Infra deficit the biggest challenge for growth: Nath
Describing infrastructure deficit as the biggest challenge in achieving economic growth, road transport and highways minister Kamal Nath on Friday said building massive road network was aimed at bridging the gap.
More News
- China tells Google to obey laws or face consequences
- Par panel slams govt on AI-IA merger
- Bajaj family to raise stake in BHIL
- Economy has turned around: Pranab
- Air India merger is "marriage of incompatible parties"
- IIP data fails to cheer markets; Sensex ends flat
- Government assures GM crops covered under Food Safety Act
- Sensex flat; profit taking continues
- Industrial output grows by 16.7% in January
- Lyondell wins court approval for credit settlement
- Markets flat; consumer durables, IT dips
- Obama unveils a slew of steps to ramp up exports
- Lehman Brothers hid borrowing, examiner says
- Rupee rises against dollar on foreign fund inflows
- Highest placement offer of Rs 50 lakh at XLRI
- Sensex moves higher; IIP data awaited
Interviews
Anu Sharma
Anu Sharma, managing director at Nasdaq Market Intelligence, said that tech stocks pulled up market and that we are poised for growth. "The dollar will have to fall," he added.
- Implementation of road projects will pick up
- 'Budget presents a strong macro picture'
- Bond rates to remain stable: Chanda Kochhar
- Budget should focus on growth
- CII for cautious exit from stimulus
- The divestment roadmap
Opinions
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Mandar Jamsandekar
Market looks bullish this week
As of technicals, this week is expected to be bullish with a cautious view. Sensex has a hurdle at 17097 levels which comes up as an immediate resistance and for Nifty it stands at 5118 levels.
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Pawan Goenka
Auto sales may have some impact
Pawan Goenka, president of automotive sector of M&M, said an increase in excise duty combined with a fuel price hike might have some impact on auto sales but overall sales are likely to be buoyant.
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Kamal Nath
Infra thrust to push GDP growth: Kamal Nath
Out of the total plan outlay 46 per cent is on infrastructure and this outlay will help to spur the GDP growth.








