User: birendersinghbudhwar Topic: Energy
Category: Conventional :: Oil and Gas
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Nifty ends above 8,300; Sensex up 330 points 22.12.2014 All Markets Stories
HDFC, HDFC Bank, Axis Bank, SBI and ICICI Bank rose between 1-3%
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Sensex climbs 330 points, Nifty crosses 8300 mark on global rally 22.12.2014 DNA: Wide Angle
The benchmark BSE Sensex rose for the third day ending about 330 points higher on buying in banking, FMCG and auto stocks amid firming trends in global markets. The wider Nifty of NSE reclaimed the 8,300-mark amid positive domestic factors after the introduction of GST Bill in the Lok Sabha on Friday. The 50-share index soared by 98.80 points, or 1.20% to close at 8,324. The 30-share Sensex spurted by 329.95 points, or 1.21 per cent, to 27,701.79. It touched the day's high of 27,725.27. Of the 30-Sensex scrips, 26 stocks ended with gains. Mahindra and Mahindra rose the most by 4.09 per cent among Sensex stocks, followed by Coal India which gained 3.61%. State-run BHEL spurted by 2.67 per cent to Rs 265.75 after company bagged a 16.96 million euro contract for a thermal power project in Turkey. HDFC Bank, HDFC Ltd, GAIL, ONGC, NTPC, Tata Motors, Bharti Airtel, Axis Bank and Hero MotoCorp also contributed to the Sensex rally. Brokers said buying emerged on hopes of acceleration in economic reforms after ...
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BHEL enters Turkey with euro 16.96 mn contract 22.12.2014 All News-IANS Stories
State-run power equipment maker Bharat Heavy Electricals Ltd (BHEL) Monday said it had bagged a contract for a thermal power project worth euro 16.96 in its maiden entry to Turkey.
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Hong Kong shares post robust gains 22.12.2014 HBL: Home
Hong Kong shares produced solid gains on Monday, underpinned by gains in mainland markets plus stability in crude oil prices and the Russian rouble.The H-share index far outperformed the Han...
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Neste Oil outperforms as European shares climb 22.12.2014 HBL: Home
European stock markets rose on Monday, tracking gains in Asian and US equity markets, while Finland’s Neste Oil outperformed after raising its guidance. Britain’s blue-chip FTSE 100 index...
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Energy shares, Greek rebound lift European equities 22.12.2014 HBL: Home
Rising energy shares drove European equities higher on Monday, while Greece’s bourse also advanced after the country’s Prime Minister had offered on Sunday to bring pro-European independents into...
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Tata Power's Trombay plant develops technical snag 22.12.2014 Latest News
Private power utility Tata Power today said its Trombay thermal power station had developed a technical problem.
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Indian debt sells like hot cake abroad; fetches $19-bn in 2014 22.12.2014 Deccan Herald - Business
In a record high, foreign investors have purchased Indian debt securities worth USD 19 billion this year, which marked a 20 per cent jump from the previous year and even saw the so-called junk bonds being lapped up aggressively despite poor corporate and sovereign ratings. Junk bond is colloquially used for a high-yield or non-investment grade bond. These bonds are generally fixed-income instruments that carry a lower rating and are called so because of their higher default risk in comparison to the investment-grade securities. The year passing-by has seen international investors buying junk bonds worth at over USD 5 billion issued by Indian entities, as companies had to look overseas to raise funds for their working capital needs and also to retire their existing costly loans including those raised domestically. Across all investment grade categories, the Indian companies and banks mopped up a record high amount of USD 19 billion in 2014 -- led by corporate giant Reliance Industries that grossed up ...
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Tata Power's Trombay plant develops technical snag 22.12.2014 ET: Power
It said the exact extent of the fault and the repair required would be known once the rotor end rings are dismantled and fault or damage is examined.
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Sensex, Nifty move in tight band; JSPL, GAIL India post strong gains 22.12.2014 Sify Finance
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British consumer confidence at four-year high, research finds 22.12.2014 The Guardian -- Front Page

Lloyds Bank spending report shows people’s positivity towards their financial situation is highest since 2011

Consumers’ confidence in their financial situation is at its highest in at least four years, boding well for a brightening economy in 2015. According to the Lloyds Bank Spending Power Report, people’s sentiment towards their personal situation in November was at its highest since the survey began in 2011, with London the most positive region and Scotland the least.

Consumer confidence has reached its highest score since the start of the index, climbing by three points since October to reach an overall score of 154.

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BHEL bags 16.96 mn euro contract in Turkey 22.12.2014 HBL: Companies
Power generation equipment maker Bharat Heavy Electricals Limited (BHEL) has made its maiden entry in the Turkish Power Market by getting 16.96 million euro contract. The company has bag...
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Tata Power Trombay plant develops technical snag 22.12.2014 HBL: Companies
Private power utility Tata Power today said its Trombay thermal power station had developed a technical problem.“Tata Power said that a technical snag developed in Unit 7 at Trombay thermal...
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Indian debt fetches $19 bn in 2014 22.12.2014 Hindu: Economy
In a record high, foreign investors have purchased Indian debt securities worth USD 19 billion this year, which marked a 20 per cent jump from the previous year and even saw the so-called ‘junk’ b...
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Isolating Moscow will not help India or the West (Comment: Special to IANS) 22.12.2014 All News-IANS Stories
By all accounts, the Russian economy is in imminent danger of collapse. After a period of relative economic stability under President Vladimir Putin, the rouble is now in free-fall. The central bank has announced an increase in interest rates from ...
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Isolating Moscow will not help India or the West 22.12.2014 New Kerala: World News
By Amit Dasgupta : By all accounts, the Russian economy is in imminent danger of collapse. After a period of relative economic stability under President Vladimir Putin, the rouble is now in free-fall. The central bank has announced an increase in interest rates from 10.5 percent to 17 percent. It failed to stabilize the rouble. This has reduced the purchasing power and seriously affected ordinary Russians, as the bulk of food and consumer goods are imported.
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Markets flat with positive bias; FMCG & power shares gain 22.12.2014 Top Stories
Top gainers on the Sensex are GAIL, BHEL, NTPC, Coal India, M&M, HUL, Bharti Airtel & ITC
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Asian shares take cue from Wall Street's rally 22.12.2014 Sify Finance
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Nikkei hits two-week high as energy firms shine 22.12.2014 Sify Finance
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Sensex pares some gains after bright start 22.12.2014 Sify Finance
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