Coal India, NMDC look extremely cheap, says Arora

11:05am BST By Suchitra Mohanty and Krishna N Das NEW DELHI (Reuters) - POSCO's (005490.KS: Quote, Profile, Research) planned $12 billion (8 billion pounds) steel project in India moved a step forward on Friday after a court handed a decision on a ...

Richard Gibbs, Global Head of Economics, Macquarie Research tells Puneet Wadhwa in an interview that foreign investors are firmly focussed on the major economies where central banks are aggressively pursuing growth-orientated policies. Global equity ...

By Alex MacDonald Macquarie Research cut its price forecast for several commodities, including copper and gold, due to renewed concerns about future commodities demand as optimism about the global economy erodes. Macquarie Research, a unit of ...

In the bear camp, Andrew Dale, Asia head of resources research at Macquarie Securities, told CNBC that gold doesn`t appear to have much steam to go beyond USD 1,400 an ounce. "The investment drivers for the metal have come under pressure and there`s ...

] Macquarie raised its target price for Samsonite (01910) by 8% to HK$22.7, and maintained its "outperform" call. The research house believes that Samsonite's FY2012 performance was befitting of its iconic 1950s slogan "Strong enough to stand on".

Deleveraging is one big story playing out in the Indian capital market. Companies that borrowed heavily during the boom phase (2005-07) are now looking to clean up their balancesheets either by selling off assets (non-core, core and anything that ...

Mumbai: Indian shares took a breather on Monday and closed marginally in red on profit booking after hitting fresh 2.5 year highs. Pharma companies dragged key equity benchmarks lower while major auto stocks ended in green. The Sensex closed at ...

After last week saying it aimed to raise up to $400 million by issuing hybrid shares, Macquarie today said it had received "strong support" for the offer, with $580 million in firm commitments from brokers and institutional investors. In a sign of ...

2:24pm BST * Indian government plans tender for coal quality sampling * Coal-reliant industry suffers from falling fuel quality * China may soon ban low-quality coal imports (Adds Eastern Coalfields comment) By John McGarrity and Malini Menon ...