ETIG News RSS Feed
(http://www.etintelligence.com/etig_root/rssfiles/etigNews.xml)
  

  Wipro Offers Little to Cheer, Stock to Stay Rangebound  
  Wipro's stock has remained rangebound over the past three months largely supported by its buyback offer, and not much trigger from its financial performance. Its lacklustre second-quarter results and tepid forecast for the third quarter show that the situation may not change in the short term.  
 
  Samvat 2073 Outperformers - Will the Top 10 of Small- and Mid-caps Perform an Encore?  
  Midand small-cap stocks have once again outperformed the benchmark indices in Samvat 2073. So far in the concluding Samvat, the S&P BSE MidCap and SmallCap indices have gained 19.6% and 25.6%, respectively, outpacing the 16.7% gains in the S&P BSE Sensex. ET takes a look at 10 outlier stocks from the midand small-cap space, explaining why they have topped the growth charts in Samvat 2073.  
 
  After Delhi Ok, Talks Shift To Ahmedabad - Cong, Vasava-led JDU Set to Seal Gujarat Alliance  
  The Congress' central leadership has accelerated the alliance talks with prospective partners in the election-bound Gujarat.Ahmed Patel, political secretary to Congress president Sonia Gandhi, held talks on Monday in Delhi with Chhotubhai Vasava, the face of Janata Dal (U) in Gujarat who recently abandoned Nitish Kumar and become the national working president of the Sharad Yadav faction, to work out a seat-sharing arrangement, sources said  
 
  Pakistan's Flip-Flop on Saeed, Other Terror Outfits Continues  
  Islamabad continues with its policy of double standards and flip-flop in countering terror.Pakistan's Punjab government on Tuesday sought an extension of the detention of Mumbai attack mastermind Hafiz Saeed under public safety law, two days after it withdrew its application to prolong his house arrest. The flip-flop continues despite recent admission by Pakistani foreign minister that Saeed has become a liability for Pakistan. Hafiz's house arrested ends on October 24. Under Pakistan law, the government can detain a person for up to three months under different charges. This detention can be extended only if a judicial review board approves.  
 
  RIL, BP Submit $1.4-B Plan to Develop KG-D6  
  Reliance Industries, along with partner BP Plc, has submitted a $1.4billion plan to produce 7 million cubic metres a day of natural gas from KGD6 deep-sea fields in the Bay of Bengal. The company will develop the “satellite fields“ -D2, D6, D19 and D22 -in the gas-rich block along with two nearby gas fields D29 and D30, according to the field development plan ubmitted to the government. These fields have reserves of 650 billion cubic feet in water depths of 1,700-1,900 metres and located within 25 km of the existing infrastructure that was built to pump gas from the D1 and D3 fields that have been producing natural gas, with declining output.  
 
  Adani Teams up with Nebras Power to Bid for Equis Energy's Assets  
  The Adani Group has joined the race to acquire the Indian renewable assets of Singapore-based Equis Energy , which has put its entire portfolio valued at about $5 billion on the block, said sources close to the development. Adani has teamed up with Doha-based Nebras Power, which is looking to buy Equis' remaining assets in the Philippines, Japan, Thailand, Indonesia, Australia and Taiwan, they said.