
HOT STOCK MARKET NEWS :
HOT MARKET NEWS :* INFRA : Govt approves eight road projects worth Rs108bn in three states of Jammu & Kashmir, Karnataka and Haryana* BANKS : rpts Govt is considering a proposal to increase its stake in select PSU banks where it holds close to 51% stake as part of recapitalisation scheme* TATA STEEL : swaps $875mn worth bonds due to mature in 2012 by longer dated convertible bonds redeemable in 2014 giving it more time to pay bk its debt
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Stock Market News & Industry trends
Market News * PUNJ LLOYD : wants to increase its highways portfolio in India.. looking to participate in projects covering 2,000-3,000Kms over the next six months* MOSER BAER : plans to invest $5bn in next 10 years to expand its solar photovoltaic mfring facilities over the next 10 years* TECH SECTOR : Nasscom, Indian software services body, expects the sector to regain double-digit growth from April
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