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PR News Wire (Free subscription) | 11/19/2009
NEW YORK, Nov. 19 /PRNewswire-FirstCall/ -- BNY Mellon, the global leader in asset management and securities servicing, has been selected by Bombay Rayon Fashions Ltd. (Bombay Rayon) as depositary bank for its global depositary receipt (GDR) program. Each Bombay Rayon GDR represents one equity share. Bombay Rayon has received in-principle approval for the listing of the GDRs on the Singapore Exchange...
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PR News Wire (Free subscription) | 10/05/2009
NEW YORK, Oct. 5 /PRNewswire-FirstCall/ -- BNY Mellon (NYSE: BK), the global leader in asset management and securities servicing, has been selected by Axis Bank Limited (Axis Bank) for its third global depositary receipt (GDR) offering. Each Axis Bank GDR represents one equity share. The company has submitted an application to the Professional Securities Market of the London Stock Exchange to admit...
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Financial Times (Free subscription) | 09/20/2009
The Indian National Stock Exchange and the Bombay Stock Exchange are gearing up to fight for market share
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Market Watch (Free subscription) | 09/17/2009
HONG KONG (MarketWatch) -- Shares of Reliance Industries Thursday dropped 2.5% in heavy trading in Mumbai, capping gains for the broad market, with the Indian refining major saying a trust controlled by a subsidiary sold 15 million shares in a $660 million deal. The stock, which commands a weighting of more than 13% in the 30-stock Sensex, was recently trading at 2,129.90 rupees a share ($44.1) on...
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Financial Times (Free subscription) | 08/24/2009
Madhu Kannan, who at 37 is Bombay Stock Exchange's youngest chief executive, has been doing the rounds at the bourse to gauge how best to approach a turnround
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Financial Times (Free subscription) | 08/20/2009
Adani Power, which last month raised $630m in one of India's biggest initial public offerings since January 2008, made a disappointing market debut on the Bombay Stock Exchange
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PR News Wire (Free subscription) | 08/07/2009
MUMBAI, India, Aug. 7 /PRNewswire/ -- Bombay Stock Exchange Limited (BSE), today decided to take a 15% stake in United Stock Exchange (USE). USE, which will operate as a BSE Group Company, now brings together a consortium of key stakeholders - the exchange, banks, financial institutions - to drive the development and growth of the currency and interest rate derivatives markets.Currency futures have...
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CARPE DIEM (Free subscription) | 08/05/2009
MUMBAI -- Institutional buying in heavyweights and select blue chips in the last hour of trade helped Indian shares reverse early losses and end slightly higher Wednesday. The Bombay Stock Exchange's benchmark Sensitive Index ended up 0.5% at 15,903.83. The 30-stock index traded between a low of 15,695.11 and a high of 15,973.10 in a volatile session. MP: India's benchmark BSE Index is now just below...
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Daily News Analysis (Free subscription) | 07/20/2009
The Bombay Stock Exchange smoothly breached the 15K psychological level to settle at a five-week high of 15,191.01.
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Financial24 (Free subscription) | 06/06/2009
MUMBAI, June 6 - Indian wind turbine maker Suzlon Energy said on Saturday it has completed buying Martifier's stake in Germany's REpower Systems for 87.6 million euros . In a notification to the Bombay Stock Exchange, Suzlon Energy, the world's f 3 Vote(s)
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PR News Wire (Free subscription) | 06/05/2009
/PRNewswire/ - We at PennyStockChaser.com sift through thousands of stocks to bring to you hot stock picks from around the globe! As such we thought it would be a good idea to introduce you to some of the world's most lucrative stock exchanges.The Bombay Stock Exchange (BSE) has one of the world's largest listings with more than 4900 companies listed as of April 2009. This one exchange has a market...
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SeekingAlpha.com (Free subscription) | 06/04/2009
Don Dion submits: The Bombay Stock Exchange’s benchmark Sensex index rose 28.3% in May, the largest monthly percentage gain since March 1992, drawing attention to one of the most populous regions on the planet. Both the PowerShares India (PIN) and the iPath India ETN (INP) have jumped significantly in our ETF International Momentum table in recent weeks. INP moved from the No. 46 spot on March...
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Market Watch (Free subscription) | 05/19/2009
HONG KONG (MarketWatch) -- Indian shares retreated in volatile early trading Tuesday, reversing some of the hefty gains they recorded in the previous session on hopes the recent elections would result in a stable government. The 30-stock Sensex on the Bombay Stock Exchange surged more than 3% to 14,757.82 at the opening, but reversed direction within minutes. The index was recently down 1.5% at 14,066.27....
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Law Blog - WSJ.com (Free subscription) | 05/19/2009
Minutes after opening, the Bombay Stock Exchange's benchmark Sensitive Index surged to 13479.39 triggering a two-hour pause in trading. Within seconds of resuming trade, the index leapt to 14284.21, triggering a shutdown for the rest of the day.
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CARPE DIEM (Free subscription) | 05/18/2009
MUMBAI, India (AP) — India's stock market surged an unprecedented 17%, forcing trade to close for the day, after the Congress Party's definitive victory in national elections set the scene for long-delayed economic reforms. Within seconds of trading, the Bombay Stock Exchange's benchmark Sensex vaulted 2,110.79 points, or 17.3%, to 14,284.21, triggering the historic shutdown Monday (see chart...
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