Atul Karmarkar.Com

Analjit Singh has taken an additional 1% stake in EIH Ltd. (East India Hotels, part of the Oberoi Group), via his investment arm – Pivet Finance. The cost works out to around Rs.45 crore (36.08 lakh shares @ Rs.124.85 / share), and takes his overall holding to around 2% with this purchase. Major shareholders in the company are the [...]

Many brokers give up BSE derivatives membership FIPB rejects Tata Investment plan for zero coupon bonds

American Express asks 200 Indian employees to quit Kingfisher defaults on aircraft lease payment

A highly volatile week for markets worldwide, with some of the major stories being; ‘Out of Control’ CEOs Spurned Davos Warnings on Risk (Update1) Buffett Oversexed for the First Time Since 1974

The Sensex today crashed by 1,071 points and ended the day at 8,701. Overall, it fell 11 per cent in a single day. The Nifty fell 359 points to close at 2,584. As far as the Sensex is concerned, it has suffered such steep falls before, both in terms of percentage as well as in [...]

Finally, after almost two years, we are back where we were !! The Sensex closed the day at 9,975, down 606 points from yesterday. When you consider the fact that it scaled 21,207 on 10-Jan-08, it has dropped 53% in a matter of 10 months. In fact, during the session, it even crashed to 9,911, [...]

ICICI Bank, which has been at the receiving end of rumors, false alarms, panic calls and has seen it’s share price plummet in the past week, has now taken action. The bank has filed an FIR alleging that a Tirupur sub-broker associated with a well-known Mumbai-based retail broking firm and a group SMS-sending websites are [...]