Market Updates!

Please Note than Hind Motors has already reported to BIFR for Financial restructuring due to Networth Erosion.

Hind Motors: GM, Mitsubishi and Isuzu Motors looking for a Stake in Hindustan Motors.

Schrader Bridgeport International Inc. is in talks with industrialist J.P. Goenka to buy his 24 percent stake in the joint venture company.

Hindalco Industries Ltd. unit Novelis Inc. may bid for the rolled products division of Rio Tinto Alcan.

Chinese Central Bank has indicated that Chinese Economy is recovering and The people's bank of China may opt for a "FLEXIBLE YUAN"

ICICI Bank, Bank of Rajasthan (BoR) shareholders meet today to approve merger, BoR staff to go on 3 day strike from today to appose merger.

Reliance Broadcast Network in JV with CBS of US.JV to own & operate tv channels in India.RBN & CBS will have equal 50% equity interest in JV.

Orbit Corporation Ltd has fixed 'June 30, 2010' The record date for the issue of bonus shares.