Telugu boothu kathalu (Paata-jnaapakaalu- 02)

Aunty boothu kathalu, Kamakeli Boothu Kathalu, Telugu boothu kathalu, telugu dengudu kathalu, telugu vallaku boothu kathalu, teluguboothukathalu

The government had in February end approved a 10 percent stake sale in Indian Oil Corporation (IOC) to state run  ONGC  and  Oil India  at a discount of 10 percent. According to PTI, ONGC and Oil India will buy the 10 percent stake in IOC at Rs 220 per share. The IOC scrip was trading at around Rs 258 per share when the news came in. The stake sale will happen at a significant discount to current market price. Both ONGC and Oil India will buy 5 percent each in IOC, which was initiated to meet the government's FY14 divestment programme. ONGC will have to shell out a little more than Rs 2,500 crore. Sudhir Vasudeva, former ONGC chairman does not see strain on cash positions on balance sheet post the buy (IOC stake sale). He believes ONGC will be able to enter FY15 with comfortable cash positions. According to him, IOC's three month average price comes to Rs 220 per share. ONGC already has around 8.77 percent stake in IOC. He says the additional 5 percent IOC stake is attractive because there is no lock-in period, so ONGC can dilute this stake whenever it wants. He further adds that the fundamentals of IOC are pretty strong.

Attaa-maamalu-01-02 (Telugu Dengudu Kathalu)

Investing.com - Investing.com - A better-than-expected report on weekly U.S. jobless claims sent U.S. stocks rising on Thursday. At the close of U.S. trading, the Dow Jones Industrial Average rose 0.38%, the S&P 500 index rose 0.17%, while the Nasdaq Composite index fell 0.13%. The U.S. Department of Labor reported earlier that the number of individuals filing for initial jobless benefits last week fell by 26,000 to 323,000 from the previous week's revised total of 349,000. Analysts were expecting jobless claims to fall by 11,000 to 338,000 last week, and the numbers sent stocks largely higher on hopes for a more sustained economic recovery down the road. A separate report showed that U.S. factory orders fell 0.7% in February, compared to expectations for a 0.4% decline, which capped gains somewhat. Elsewhere, Costco Wholesale shares took a hit after the company reported a 15% decline in quarterly profits, missing many estimates, while office-supplies giant Staples projected drop in sales and added it planned to close 225 stores across North America. Leading Dow Jones Industrial Average performers included American Express, up 1.49%, JPMorgan, up 1.32%, and Caterpillar, up 1.31%. The Dow Jones Industrial Average's worst performers included Pfizer, down 0.81%, Home Depot, down 0.61%, and UnitedHealth, down 0.39%.

Mossam CHasina Pooku

Japan's Nikkei share average rose to a fresh five-week high on Friday as a weak yen lifted risk appetites following better-than-expected US jobless claims and the European Central Bank's decision to keep its rates unchanged. The Nikkei ended 0.9 percent higher at 15,274.07, the highest closing level since January 29.
For the week, the index rose 2.9 percent. But volume was subdued ahead of the release of widely anticipated U.S. job data later in the day. The Topix rose 0.7 percent to 1,236.97. The JPX-Nikkei Index 400, an index launched this year comprising firms with high return on equity and strong corporate governance, advanced 0.7 percent to 11,196.54.