Desi Shares

Launch of the standard and chartered Indian Depository reciepts Well many people will welcome  the new Standard and Chartered release of Indian depository receipts in the Indian market  , many may just see it a s a cash grab by standard an d chartered bank for  investment of money by the indian junta in thier  [...]

While India’s people are major gold hoarders, the government hasn’t been a big one. India really did display the savvy of a hedge fund here. It got what it wanted, surprised markets and will sit back and reap the benefits as gold rallies. Traders are now betting on who will announce the next big purchase. [...]

Profit-taking eased early gains of 1.55 percent and briefly pushed the market into negative territory late afternoon, before pulling back towards the close. Telecoms firm Bharti Airtel (BRTI.BO: Quote, Profile, Research) rose 1.8 percent to 417.25 rupees, after it denied late on Wednesday a media report it had reached an agreement with South Africa’s MTN [...]