anshul_161 said:
thanx for these newss
Matrix flared up today (analysts are recommending it left & right) but be careful, there will be a lot of volatility here.
Todays news (and some rumours):
Britannia : Plans to invest Rs.150cr to expand its manufacturing capacity.
Prajay Engineers Syndicate, a Hyderabad-based construction company, with presence across residential, commercial and hospitality, has raised US $ 60 million by way of a Foreign Currency Convertible Bonds issue in the international markets. The issue was oversubscribed. The FCCB issue is worth roughly Rs 275 crore.
The threat of emerging low cost outsourcing destinations to India could become more real as the government is set to withdraw tax sops being extended to the BPO industry from 2009.