LIVE MARKET TRACKER :   BSE SENSEX   26126.75      |    NSE NIFTY 7790.45    
GLOBAL MARKETS :  NASDAQ 4442.114   -0.67%    |    FSI London 6803.18   -0.27%    |    NIKKEI Japan 15457.87   +1.13%
  USD GBP EUR CAD AUD INR
USD - 0.5891 0.7445 1.0787 1.063 60.06
GBP 1.6976 - 1.2639 1.8312 1.8045 101.9603
EUR 1.3434 0.7914 - 1.4491 1.428 80.684
CAD 0.9275 0.5464 0.6905 - 0.9859 55.704
AUD 0.941 0.5544 0.7006 1.015 - 56.5159
INR 0.0167 0.0098 0.0124 0.018 0.0177 -
Indian-Commodity  :  Corporate  :  CARE reaffirms rating of Alok Industries' CP / STD

CARE reaffirms rating of Alok Industries' CP / STD (19-Nov-2012)

Credit rating agency, CARE has reaffirmed A1 rating to Alok Industries' commercial paper (CP) / short-term non-convertible debentures (STD) worth Rs 1,000 crore.

The company has received the said rating on the back of extensive experience of the promoters and management in the textile business, track record of the company, integrated operations along with the economies of scale and one of the leading players in the textile industry.

Alok Industries has evolved from a small trading business into India's largest integrated textiles player. It is present across the textile value chain - from yarn manufacturing to garmenting. Alok's production facilities are in Silvassa, Vapi and Navi Mumbai. The company also has a presence in the domestic retail segment and in real estate through a wholly-owned subsidiary.


Top News Today
Retail Inflation eases to 29-month low at 7.31% in June; Core inflation softens too
(15-Jul-2014)

Retail Inflation eases to 29-month low at 7.31% in June; Core inflation softens tooIn yet another encouraging development after four month low headline inflation numbers, provisional annual inflation rate based on all India general Consumer Price Index (CPI) (Combined) softened to 29......click on news to read complete article.

Tata Motors, Infosys and Suzlon to see some action today
(11-Jul-2014)

Tata Motors, Infosys and Suzlon to see some action todayTata Motors-owned luxury car maker Jaguar Land Rover (JLR) has registered its strongest ever half-year sales in 2014 selling over 240,000 vehicles. The UK-based auto major sold 240,372 cars between January......click on news to read complete article.

Railway Budget 2014-15 to be "growth oriented", big ticket announcements eyed
(08-Jul-2014)

Railway Budget 2014-15 to be "growth oriented", big ticket announcements eyedHaving done a pre-Budget hike of 14.2% in passenger fares and raising freight rates, Railway Minister Sadananda Gowda's will present his maiden Rail Budget amidst expectation of big ticket announcements,......click on news to read complete article.

International Stock News
US markets closed mostly lower; S&P ekes out some gains
(25-Jul-2014)

US markets closed mostly lower; S&P ekes out some gainsThe US markets closed mostly lower on Thursday, while the S&P 500 closed at an all-time high for the 27th time this year. The main benchmarks traded in a narrow range throughout the session, as......click on news to read complete article.

US markets closed mostly up; Dow retreats from highs
(24-Jul-2014)

US markets closed mostly up; Dow retreats from highsThe US markets closed mostly higher on Wednesday, as strong results from companies like Apple and Delta pushed the S&P 500 to close at a record. Investors seemed to have brushed off news that two......click on news to read complete article.

US markets gain on encouraging economic data
(23-Jul-2014)

US markets gain on encouraging economic dataThe US markets closed higher on Tuesday, boosted by better-than-expected inflation and housing reports as well as a flood of second-quarter earnings reports. On the economy front, consumer prices gained......click on news to read complete article.

 

     
  
Recent Corporate News
 
EquityInvestmentCompany ReportsIPO
Disclaimer
By clicking on this page you accept all the terms and conditions framed by us. News made available here are for informational purpose only. While utmost care has been taken in providing the same. We claim no responsibility for its accuracy. Readers of this blog who make their decision based on the information posted here are solely responsible for their actions.