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Union Bank in talks to buy Indonesian bank
Jan 13, 2010 at 13:53 | Source: Moneycontrol.com
CNBC-TV18 learns that state lender Union Bank of India is in advanced talks to acquire an Indonesian bank. The potential bank has 34 branches and a forex dealer licence. The bank is predominantly into trade financing and retail and is listed on the Indonesian stock exchange, sources inform.
Buy Paper Products, target of Rs 40: LKP Shares
Dec 03, 2008 at 13:55 | Source: Moneycontrol.com
LKP Shares has recommended a buy rating on Paper Products (PPL) with a target of Rs 40. PPL would end CY08 with a muted performance due to the forex loss.
Thomas Cook's PAT at Rs 78.9mn
Apr 29, 2008 at 12:11
Thomas Cook (India) Limited announced its financial result for the first quarter ended March 31, 2008. The Companys revenues have increased by 17% while Profit before Interest & Tax has grew by 18.5%. Net Profit after Tax stood at Rs 78.9 million, an increase of 7.3% over the last year translating to a non-annualized EPS of Re 0.45
Thomas Cook's PAT at Rs 519mn growth of 68%
Mar 19, 2008 at 19:22
Thomas Cook's PAT at Rs 519 million growth of 68%. Operating Profit (PBIT) at Rs 942 million growth of 71%. Operating Margins increased by 270 basis points to 30.7%. Board has recommended dividend of 50%
Thomas Cook makes acquisition in India & Middle East
Mar 10, 2008 at 16:02
Thomas Cook Group plc (Thomas Cook) announces today that it is acquiring up to 74.9% of the issued share capital in Thomas Cook (India) Limited (TCIL) and 100% of Thomas Cook branded businesses in Egypt, as well as licences for the Thomas Cook brand in a total of 15 Middle East countries.
Midcaps offer better opportunities than large caps: Emkay
Nov 26, 2007 at 10:37 | Source: Moneycontrol.com
Krishna Kumar Karwa, MD, Emkay Share & Stockbrokers said the November series could close at 5700-5750 levels. He added that they are advising clients to lighten positions in case of a market rally. According to Karwa some volatility is expected despite a good opening and bounce back.

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