Budget 2015: Keep It Simple, Silly!

Feb 27 2015

Mr Finance Minister, this tops the wish list of a common man this Budget.

Hey Prabhu! When will Indians ride on bullet trains?

Feb 26 2015

Railways Rs 8.56 lakh crore capex plan is unclear on bullet train project.

Rail Budget: 10 numbers you need to know

Feb 26 2015

These ten numbers are important for understanding the Rail Budget.

Boon for States, Bane for Centre

Feb 25 2015

While states rejoice over higher share of taxes, the 14th Finance Commission makes Centre’s fiscal consolidation tougher

Budget 2015: Will market rattle or rock-and-roll?

Feb 25 2015

According to a UBS report, in the last 20 years average return in Nifty one week prior to the Budget was -0.5 per cent.

Indian Markets


    32,596.54 409.73   (-1.24 %)

    9,998.05 116.70   (-1.15 %)

Global Markets


Stocks In News



Acquires Cynosure Inc and Cynosure Interface Solutions for $31mn and Rs13cr respectively

To add platform capabilities in the insurance segment which contributes 15% of total business

The Acquisition is expected to close within the next 3 months


Sells Essar Steel loan to Deutsche Bank

Has sold its $385 mn Foreign currency loan extended to Essar Steel

Bank has taken a 38% haircut

Rs 1600 cr is expected earnings to the bank from the deal

Economic Times Reports


To Sell 50% stake in prime Mumbai office assets to Blackstone for $1.3bn

The co is also in discussions to sell its residential and commercial projects in Chennai

To convene shareholder’s meet on 23rd March in regard to the proposed divestment

Mint Reports


Gets Order Worth Rs 230 Cr From NTPC

To perform the pressure part metallurgy upgradation for 3 660MW super critical steam generators

Will help NTPC commission the 3x 660MW plant started 12years


Declared L1 bidder for EPC Project in UP worth Rs 677cr from NHAI

The completion period for the project is 30 months

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