Stocks in news:
- Results Today:
Axis Bank, CMC, Everonn, FACT, Tanla Solutions, Tata Sponge Iron and Aro Granite
- New listing:
KSK Energy Ventures; issue price Rs 240; to be part of NSE F&O, futures lot size 850 shares, options strike prices between Rs 5-720 Silverline Animation; no circuit filter today
- Indian ADRs:
Infosys down 13%, Satyam down 9.2%, ICICI Bank down 7.4%, Patni down 4.7%
- Ranbaxy faces legal action against USFDA relating to alleged falsification of records - ET
- Daiichi in the process of assessing the legal liabilities involved in the acquisition of Ranbaxy - BS (Deal may go awry- BS)
- Commerce department has started examining the possibility of stripping the EOU status of RIL’s Jamnagar Refinery - ET
- HCL Tech:
Reports Forex Loss Of $65-75 m For Q4 Including MTM To Incur Forex Loss Of $67-77 m In FY08 Including MTM Unwound $540 m Of Forward Covers, Incurred Cash Loss Of $9 m Alert: HCL Tech Had $2.5 Bn Of Forward Cover As Of March-end Alert: HCL Tech Has Reduced Forward Cover To $1.7 Bn As On June-end To Carry $114m Of MTM Loss As Other Comprehensive Loss In Balance Sheet
- JSW eyes United Coal of US - ET
- LME metals rally
Zinc Up 7%, Lead Up 5%, Tin Up 4%, Nickel Up 3%, Al Up 2%
- Spice Jet CEO quits -BS
- BHEL eyes European buyout - HT
- ONGC eyes UK's Impearl Energy Assets - TOI
- Mysore Cement gets Rs 16 cr carbon credits - BL
- AV Birla to buy Apollo Sindhori Capital Investments for Rs 65-70/sh - ET
- Reliance Entertainment close to buying stake in Spielberg’s Dream Works - ET
- Videocon in talks with Mitsui, Hitachi for logistics JV - ET
- GE Shipping sells its 27.76% stake in Business Standard to Kotak Mahindra group
- Reliance Money eyes 26% stake in National Multi Commodity Exchange
- Adlabs joins hands with Phoenix Mills to set up India’s biggest megaplex - HT
- US regulator seize Mac Bancorp - BS
- ADAG eyes cement acquisition, in talks with Cos like Gujarat Sidhee Cement, Saurashtra Cement - BS
- Spice Energy plans $300m GDR issue; co in process of reverse-merging its power project with BSE listed Hitkari Fibres - DNA
- OIL Cos waiting for notification on 10% ethanol-blended petrol - BL
- RBI allows FIIs to buy up to 40% in Marg & 49% in Piramal Healthcare
- Orbit Corp acquires 85% stake in Ahinsa Buildtech & 100% in Orbit Residency
- Brahmaputra Infraproject open offer at Rs 11/sh
- Gareware Wall Ropes Q1
Net Sales: Rs 115.6 cr vs Rs 95.2 cr Other Income: Rs 40 lakh vs Rs 12 lakh Operating Profit: Rs 11.8 cr vs Rs 10 cr Net Profit: Rs 5 cr vs Rs 4 cr
- IFCI Q1FY09
Net Profit Down 38.8% from Rs 246.86 cr to Rs 151.07 cr Total Income Down 35.45% from Rs 485.57 cr to Rs 313.42 cr Other income at Rs 3.94 cr vs Rs 135.6 cr EPS at Rs 1.95 Provision for doubtful debts at Rs 101 cr
- Orbit Corp Q1FY09 (Cons)
Rev up at Rs 82.10 cr vs Rs 63.57 cr net profit of Rs18.22 cr vs Rs 18.3 cr EPS of Rs 5 vs Rs 20
- South India Bank Q1
NII: Rs 102.8 cr vs Rs 97.3 cr Other Income: Rs 34.2 cr vs Rs 24.2 cr Net Profit: Rs 38.6 cr vs Rs 30.3 cr |