Current news & Rumours in the mkt

[praveen taneja]

Alert> as per sources ULIP matter will be sorted out soon.. No more ulip like this will be issued and and future premimum to be collected will either for the new fund which will be launched..

 

[praveen taneja]

India to re-test ballistic missile defence shield
The earlier test conducted on March 15 at the integrated test facility on Wheeler Island failed when one of the two rockets involved in the trial deviated off the course.

 

[praveen taneja]

Feb iip 15.10 vs. 16.7

 

[praveen taneja]

capital good 44% vs 11 % (yoy)

 

[praveen taneja]

iip nos might help banks as RBI will consider before raising int. rates

 

[praveen taneja]

sebi likely to allow renewal of of premimum sebi to issue clarification
sebi likely to keep existing ulip out of order

 

[praveen taneja]

Tiana Power Acquires AGC Power India For Rs 23Cr - Tiana Power Projects Pvt Ltd, the flagship company of the Pune-based Tiana Group, has acquired AGC Power India Pvt Ltd, a thermal power project of 1,320 MW in Andhra Pradesh for a total consideration of Rs 23 crore. AGC Power was owned by AGC Corporation Sdn Bhd of Malaysia. Tiana Power, which has earlier acquired four coal mines in Indonesia, also proposes to buy land at Nellore to set up Rs 4,000-crore thermal power project. The company is promoted by US-based Nathani family.

 

[prst]

Reliance Industries (RIL) has entered into a JV with Atlas Energy Inc, which involves Atlas transferring an interest in its Marcellus Shale position equal to 120,000 net acres in a transaction valued at $1.7 billion. RIL will acquire a 40% interest in approximately 300,000 net acres (120,000 net to Reliance) of undeveloped leasehold held by Atlas, and Atlas will retain a 60% interest in the acreage. RIL will pay approximately $340 million in cash upon closing and an additional $1.36 billion in the form of a drilling carry. Further, RIL will invest $3.4 billion over the next 10 years to develop the acreage.

this hasn't helped the RIL shares much.
was contemplating buying a call..

 

[scplindia]

this hasn't helped the RIL shares much.
was contemplating buying a call..

This news was over the weekend, yesterday RIL took of well on the back of this news.

 

[praveen taneja]

this hasn't helped the RIL shares much.
was contemplating buying a call..

This news was over the weekend, yesterday RIL took of well on the back of this news.

First of all always remember Buy on rumour and sell on news:thumb:
secondly bro calls have its imitations too as time ecay would kill ur gain even if stock goes up so when u want to rely and earn on news always buy in cash and play in options for intraday or after 15th next mnths:thumb: