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Moneycontrol News Archive : 27 January, 2009

  • UK unveils aid package for auto industry

    27th January, 2009 21:55

    The struggling UK auto industry got a shot in the arm with the government announcing an aid package for car manufacturers. The measures, which would include loan g

  • Tata Steel Q3 net profit seen at Rs 107 cr

    27th January, 2009 21:11

    Tata Steel is to announce its third quarter results. According to CNBC-TV18 estimates, Q3 revenues are seen up 13.7% to Rs 5656.9 crore versus Rs 4973.9 crore.

  • Nalco Q3 net profit seen down 25% at Rs 246.5 cr

    27th January, 2009 20:57

    Nalco is to declare its third quarter results. According to CNBC-TV18 estimates, Q3FY09 standalone net sales are expected to go up 4% at Rs 1154 crore versus Rs 11

  • Jan expiry, global stability may have led to mkt rally 

    27th January, 2009 20:33

    The markets closed positive despite RBI's stance on the Credit Policy halting the market a bit. This might have been prompted by the futures and options settlement

  • Accumulate Hero Honda, target of Rs 904: P Lilladher

    27th January, 2009 20:19

    Prabhudas Lilladher has maintained an accumulate rating Hero Honda Motors with a target of Rs 904. Hero Honda reported a 5.0% growth in net sales to Rs 28.8 billio

  • US markets open higher; Dow up 27 points

    27th January, 2009 20:05

    US markets have opened higher. The Dow Jones Industrial Average is up 27.40 points or 0.34% at to 8,143.43. The Nasdaq up 6.38 points or 0.43% to 1,495.84 and S&P

  • Tata Comm Q3 net profit seen up at Rs 108 cr

    27th January, 2009 19:53

    Tata Communication is to announce its third quarter results. According to CNBC-TV18 estimates, Q3FY09 net profit is expected to go up at Rs 108 crore versus Rs 9.5

  • NCDEX- Trade details for January 27, 2009

    27th January, 2009 19:46

    At NCDEX, 449 members (2,020 Users) participated in trading on January 27, 2009 up to 5:00 pm and volumes were Rs 1,942 crore (one-way). There were more than 84,

  • GEI Industrial PAT up by 50% to Rs 915.15 lacs

    27th January, 2009 19:24

    GEI posted a PAT of Rs 915.15 lacs for the year till date, an increase of 50.18% over Rs 609.36 lacs for the corresponding period last year. Gross Income from oper

  • HCL Infosystems reports cons revenue of Rs 3140cr

    27th January, 2009 19:15

    HCL Infosystems reports consolidated revenue of Rs. 3140 crores for the quarter ended 31st December 2008.

  • BSE empanels Deutsche Bank as Clearing & Settlement bank

    27th January, 2009 19:00

    The Bombay Stock Exchange (BSE), Asia's oldest bourse and Deutsche Bank, today entered into an agreement which empanels Deutsche Bank as a Clearing and Settlement

  • Hindustan Zinc puts up silver rates

    27th January, 2009 18:51

    Hindustan Zinc, a company of Vedanta Group in zinc and lead business, is the world's second largest producer of zinc-lead. Besides producing zinc and lead the comp

  • Rupee has resistance at 49.30/49.35: Commtrendz Research

    27th January, 2009 18:41

    According to Commtrendz Research's report on Indian Rupee, immediate supports are now towards 48.40/48.5 levels followed by 47.80/47.9 levels. Resistance is at 49.

  • FIIs net sell USD 85.3 mn in equities on Jan 23

    27th January, 2009 18:27

    FIIs were net sellers to the tune of USD 85.3 million in equities on January 23, 2009, reports CNBC-TV18.

  • Nagarjuna Construction total order book Rs 12,420 cr

    27th January, 2009 18:17

    Nagarjuna Construction has declared its third quarter numbers. Its Q3 standalone net profit was down at Rs 36.27 crore from Rs 39.64 crore (YoY).

  • Gemini Engi-Fab IPO opens on Feb 3

    27th January, 2009 18:07

    Gemini Engi-Fab, engaged in manufacturing and salvaging of process equipments, proposes to go public with an IPO opening on February 3, 2009 which closes on Februa

  • HDIL Q3 net profit seen down 35% to Rs 175.42 cr

    27th January, 2009 18:00

    Housing Development and Infrastructure, HDIL is to announce its Q3FY09 numbers. According to CNBC-TV18 estimates, its Q3 net profit is seen going down 35% to Rs 17

  • Orient posts increase in net sales by 7.8% to Rs 345.87cr

    27th January, 2009 18:00

    Orient has registered an increase in Net sales for the quarter by 7.8% to Rs. 345.87 cr from Rs. 320.85 cr last year.

  • Maruti Suzuki announces changes in prices of its cars

    27th January, 2009 17:50

    Car market leader Maruti Suzuki India Limited today announced the following changes in the prices of its cars (Ex Showroom-Delhi)

  • Nagarjuna Construction Q3 net profit at Rs 36.27 cr

    27th January, 2009 17:35

    Nagarjuna Construction has declared its third quarter numbers. Its Q3 standalone net profit was down at Rs 36.27 crore from Rs 39.64 crore (YoY).

  • Opto Circuits Q3 cons net profit at Rs 52.62 cr

    27th January, 2009 17:32

    Opto Circuits has come out with third quarter numbers of FY09. Its Q3 consolidated net profit was up 47% to Rs 52.62 crore versus Rs 35.74 crore.

  • Jubilant Organosys Q3 net loss at Rs 90 cr

    27th January, 2009 17:30

    Jubilant Organosys has announced its third quarter numbers. Its Q3 consolidated net sales went up 42% at Rs 909.64 crore versus Rs 641 crore on YoY basis.

  • HCL Tech CEO to discuss latest strategies for biz success

    27th January, 2009 17:23

    Vineet Nayar, CEO at HCL Technologies Ltd., a leading global IT services provider, is using the opportunity of his attendance at the World Economic Forum in Davos,

  • Universities of India- compendium on Universities launched

    27th January, 2009 17:16

    Mindlogicx Infotech Ltd, R & D based technology company pioneering in providing end-to-end solutions in virtual knowledge management and delivery domain, in associ

  • Pediatricians speak to eliminate childhood pneumonia

    27th January, 2009 17:04

    Leading global and national child experts and researchers will convene at Pedicon2009 to take on the challenge of Child Pneumonia in India. Urging immediate action

  • Satyam names Goldman Sachs, Avendus as investment bankers 

    27th January, 2009 17:01

    The Satyam board meet was held today at the Satyam Infocity Campus in Hyderabad. Post the meeting, Satyam board said it has appointed Goldman Sachs and Avendus as

  • Conditions were ideal for rate cut: CII

    27th January, 2009 16:57

    Given the fact that inflation is correcting more rapidly than expected and industry and the economy as a whole is facing a slowdown, the RBI could have used this o

  • L&T clears air on its move to hike Satyam stake 

    27th January, 2009 16:51

    After offering diverging views on its strategy with Satyam in the preceding few weeks, L&T's management finally cleared the air on its move to hike its stake in Sa

  • Expect 12-14% growth in domestic formulation in Q4: Cadila

    27th January, 2009 16:49

    Cadila Healthcare has declared its third quarter results. Its net sales were up 31% at Rs 736 crore versus Rs 561 crore.

  • Blue Star cumulative Q3 total income grows 21% to Rs 1844cr

    27th January, 2009 16:49

    Blue Star Limited reported Total Income of Rs 1844.33 crore for the 9-month period ended December 31, 2008, representing 21% growth over the same period in the pre

  • Cummins Q3 standalone net profit up at Rs 133.34 cr

    27th January, 2009 16:45

    Cummins has declared its Q3FY09 numbers. Its Q3 standalone net profit has gone up at Rs 133.34 crore versus Rs 74.61 crore (YoY).

  • L&T looks weak: S Sharma

    27th January, 2009 16:41

    Shankar Sharma, Vice Chairman & Joint MD of First Global is of the view that Larsen & Toubro, L&T is looking weak.

  • GSK Consumer Q4 standalone net profit up at Rs 32.58 cr

    27th January, 2009 16:35

    GlaxoSmithKline Consumer Healthcare has announced its fourth quarter numbers. Its Q4 standalone net sales went up at Rs 333.37 crore from Rs 284.10 crore (YoY).

  • Corporation Bank Q3 net profit up at Rs 256.47 cr

    27th January, 2009 16:32

    Corporation Bank has announced its third quarter numbers. Its Q3 net profit was up at Rs 256.47 crore from Rs 190.90 crore, YoY.

  • Omnitech's net income up 46% to Rs 13001.44 lacs

    27th January, 2009 16:30

    Omnitech's Income from operations on a standalone basis for the first nine months stands at Rs. 13001.44 lacs, a rise of 46% over Rs. 8933.05 lacs in the same peri

  • Cadila Healthcare Q3 net profit at Rs 60 cr

    27th January, 2009 16:18

    Cadila Healthcare has declared its third quarter results. Its net sales were up 31% at Rs 736 crore versus Rs 561 crore. Its OPM was at 16% versus 16%. Its net pr

  • Realty Plus announces Excellence Awards for real estate

    27th January, 2009 15:57

    To acknowledge the extraordinary contribution of various developers in the real estate sector in the year gone by, Realty Plus, the leading magazine for all real e

  • Vijaya Bank to further stimulate MSME sector

    27th January, 2009 15:49

    Vijaya Bank is taking a host of initiatives to further stimulate the MSME segment. Amongst other initiatives, it conducted a MSME meet at Mumbai featuring interact

  • Smart Class contributed 60% rev in Q3 FY09: Educomp 

    27th January, 2009 15:42

    Shantanu Prakash, MD and CEO, Educomp Solutions, said 60% revenues came in from Smart Class in the quarter under review. Prakash said EPS stands at 18.42 on a cons

  • Emami puts up 2nd unit in Assam

    27th January, 2009 15:40

    The Rs 700 crore Emami Ltd, one of the fastest growing personal and healthcare product manufacturers in India and the flagship company of the Rs 2000 crore diversi

  • Reduce India Infoline, target of Rs 48: Prabhudas Lilladher

    27th January, 2009 15:32

    Prabhudas Lilladher has maintained its reduce rating on India Infoline with a target price of Rs 48. India Infoline (IIFL) reported revenue and PAT decline of 25.3

  • Sell Hindustan Zinc, target of Rs 270: Reliance Money

    27th January, 2009 15:30

    Reliance Money has maintained its sell rating on Hindustan Zinc with a target of Rs 270. Hindustan Zinc posted sales of Rs.10.7 billion down 36% (YoY), EBIDTA of R

  • Take Dec 16/Jan 7 as cut-off for open offer: Satyam to Sebi 

    27th January, 2009 15:28

    The Satyam board has sought Sebi’s nod for waiver from the 26-week average price for a potential open offer. The government appointed board has urged the market re

  • Rolta India back on track

    27th January, 2009 15:19

    Rolta had touched an intraday high of Rs 81.75 and an intraday low of Rs 74.60. At 3:08 pm, the share was quoting at Rs 81, up Rs 7.40, or 10.05%. It was trading w

  • Jindal Steel makes solid gain

    27th January, 2009 15:14

    Jindal Steel & Power had touched an intraday high of Rs 879 and an intraday low of Rs 778. At 2:59 pm, the share was quoting at Rs 876.00, up Rs 97.95, or 12.59%.

  • Glenmark Pharma declares result, stock down

    27th January, 2009 15:08

    Glenmark has touched a 52-week low of Rs 182.10. At 3:05 pm, the share was quoting at Rs 189.90, down Rs 13.7, or 6.73%. It has come out with third quarter numbers

  • Nikkei ends up 4.93%

    27th January, 2009 15:05

    Only Nikkei was open today; all other Asian markets were shut due to Lunar New Year. Japan's Nikkei gained 4.93% or 378.93 points at 8,061.07.

  • Buy Exide, target of Rs 57: Parag Parikh

    27th January, 2009 14:56

    Parag Parikh Financial Advisory Services has recommended a buy rating on Exide Industries with a target price of Rs 57. EIL's performance over the quarter ended De

  • Glenmark Q3 cons net profit down at Rs 135 cr

    27th January, 2009 14:54

    Glenmark Pharma has come out with third quarter numbers of FY09. Its Q3 consolidated net profit went down 52% at Rs 135 crore from Rs 280 crore, YoY.

  • Educomp Sol Q3 net up 65.88% at Rs 31.55 cr

    27th January, 2009 14:50

    Educomp Solutions has announced its third quarter numbers of FY09. Its Q3 standalone net profit went up 65.88% at Rs 31.55 crore from Rs 19.02 crore, YoY.

  • Glenmark Pharma has support at Rs 155-160: Mathew 

    27th January, 2009 14:47

    Technical Analyst, E Mathew is of the view that Glenmark Pharma has support at Rs 155-160.

  • Buy Reliance Comm, target of Rs 227: Angel

    27th January, 2009 14:44

    Angel Broking has maintained its buy rating on Reliance Communications with a target of Rs 227. Reliance Communications (RCOM) recorded a disappointing 18.8% yoy g

  • iGATE Corporation Operating income increased to $27.7mn

    27th January, 2009 14:42

    iGATE Corporation Operating income increased to $27.7mn

  • BPCL flares up

    27th January, 2009 14:40

    BPCL had touched an intraday high of Rs 388 and an intraday low of Rs 362.50. At 2:31 pm, the share was quoting at Rs 387.05, up Rs 21.20, or 5.79%. It was trading

  • Sesa Goa has resistance at Rs 78-79: Mathew 

    27th January, 2009 14:37

    Technical Analyst, E Mathew is of the view that Sesa Goa has resistance at Rs 78-79.

  • IDEA wins Golden Peacock Award 2008 for 'My Gang'

    27th January, 2009 14:35

    IDEA Cellular, one of the leading telecom operator in the country, has bagged the prestigious Golden Peacock Award 2008 for its innovative product, ‘My Gang’, at t

  • Buy SBI at Rs 1,074: Sharekhan

    27th January, 2009 14:32

    Sharekhan has recommended to buy State Bank of India (SBI) at Rs 1,074 with a stoploss of Rs 1,052 and targets of Rs 1,095 and Rs 1,115 in its January 27, 2009 res

  • Sterlite still eyeing Asarco, awaiting right price

    27th January, 2009 14:30

    Sterlite Industries is showing strong moves after positive comments in the concall. Anil Agrawal, Executive Chairman, Sterlite, commenting on the negotiations with

  • PNB continues to slide

    27th January, 2009 14:27

    PNB had touched an intraday high of Rs 419 and an intraday low of Rs 386.85. At 2:26 pm, the share was quoting at Rs 389.95, down Rs 16.65, or 4.09%. It was tradin

  • Satyam board meeting starts, new CEO and CFO soon

    27th January, 2009 14:22

    The government-appointed six-member Satyam Board met today in Hyderabad, and is expected to discuss having a strategic partner to steer the company forward among o

  • Buy Coromandel Fertilisers, target of Rs 180: PINC

    27th January, 2009 14:11

    PINC Research has maintained its buy rating on Coromandel Fertilisers with a target price of Rs 180. CFL’s sales quadrupled to Rs 37 billion in Q3FY09 with higher

  • Grasim Industries makes smart gain

    27th January, 2009 14:00

    Grasim Industries has moved up today. It had touched an intraday high of Rs 1,197 and an intraday low of Rs 1,150. At 1:51 pm, the share was quoting at Rs 1,195, u

  • Motherson Sumi Q3 cons net profit at Rs 25.5 cr

    27th January, 2009 13:50

    Motherson Sumi Systems has declared its third quarter results. The company's consolidated net profit was at Rs 25.5 crore versus Rs 37.4 crore. Its consolidated ne

  • Kale Consultants announces result, stk up 12.7%

    27th January, 2009 13:34

    Kale Consultants had touched an intraday high of Rs 23.45 and an intraday low of Rs 20.25. At 1:23 pm, the share was quoting at Rs 23, up Rs 2.60, or 12.75%. The c

  • Praj Industries an outperformer: FinQuest Securities

    27th January, 2009 13:31

    FinQuest Securities has rated Praj Industries (PIL) as an outperformer. PIL's net revenue grew by 16.5% Y-o-Y to INR 2100.5 million in 3QFY09. PAT increased by 20%

  • RIL likely to start production at KG basin, stock up

    27th January, 2009 13:30

    Reliance Industries had touched an intraday high of Rs 1,220 and an intraday low of Rs 1,163.25. At 1:19 pm, the share was quoting at Rs 1,216, up Rs 62.85, or 5.4

  • Credit Policy: Key takeaways and analysis 

    27th January, 2009 13:23

    The Reserve Bank of India has left all key rates unchanged at its Credit Policy meet today. RBI’s reason for not changing any of the policy rates is largely becaus

  • Oracle Financial forges ahead

    27th January, 2009 13:21

    Oracle Financial Services Software had touched an intraday high of Rs 574.80 and an intraday low of Rs 468. At 1:12 pm, the share was quoting at Rs 570, up Rs 80.4

  • RBI keeps key policy rates unchanged: KRChoksey

    27th January, 2009 13:18

    KRChoksey has come out with its report on updated monetary policy.

  • Buy Oil Country Tubular: Nirmal Bang

    27th January, 2009 13:11

    Nirmal Bang has recommended a buy rating on Oil Country Tubular. The company reported a PAT of Rs 24.25 Crs in Q3 FY 09 as against Rs 10.48 Crs in Q3 FY 08 an incr

  • Cairn India advances 6.2%

    27th January, 2009 13:04

    Cairn India had touched an intraday high of Rs 161.40 and an intraday low of Rs 154.50. At 12:53 pm, the share was quoting at Rs 161, up Rs 9.45, or 6.24%. It was

  • Shasun Chemicals revenues up 9% at Rs 134cr

    27th January, 2009 12:51

    Shasun Chemicals Q3FY09 revenues up 9% at Rs. 134 crore. On a consolidated basis, revenues for the quarter stood at Rs 184 crore compared to Rs 233 crore for Q3FY0

  • Reliance Infrastructure shoots up smartly

    27th January, 2009 12:40

    Reliance Infrastructure had touched an intraday high of Rs 517.50 and an intraday low of Rs 495. At 12:30 pm, the share was quoting at Rs 515.85, up Rs 30.35, or 6

  • ITC's net turnover up 11%, net profit up 8.7%

    27th January, 2009 12:30

    ITC’s Net Turnover up 11%, net profit up 8.7%. Post tax profit, which was flat in H1, grew by 8.7% to Rs. 903 crores. Earnings Per Share stood at Rs 2.40 (SPLY Rs

  • RBI leaves key rates untouched; Experts see cuts ahead 

    27th January, 2009 12:26

    The Reserve Bank of India has left all key rates unchanged. Gaurav Kapur, Senior Economist, ABN AMRO Bank sees room for further cuts. Nilesh Shah, ICICI Prudential

  • Morrisons partners Wipro Retail for systems transformation

    27th January, 2009 12:21

    Morrisons, the UK food retailer, with 375 stores and annual turnover of £13bn*, has chosen Wipro Retail, a specialist division of Wipro Technologies, the global IT

  • United Spirits touches 52-week low

    27th January, 2009 12:21

    United Spirits has touched a 52-week low of Rs 425.65. At 12:12 pm, the share was quoting at Rs 429.50, down Rs 48.75, or 10.19%. It was trading with volumes of 1,

  • Everest Kanto to buy a Kolkata-based co; stk down

    27th January, 2009 12:14

    Everest Kanto Cylinder has touched a 52-week low of Rs 128.25. At 12:02 pm, the share was quoting at Rs 134, down Rs 2.9, or 2.12%. The company board has approved

  • Buy Ranbaxy, target of Rs 277: Angel

    27th January, 2009 12:10

    Angel Broking has maintained its buy rating on Ranbaxy Laboratories with a target price of Rs 277. For 4QCY2008, Ranbaxy registering a yoy growth of 7% in net sale

  • Aurobindo Pharma surges 12.3%

    27th January, 2009 12:00

    Aurobindo Pharma had touched an intraday high of Rs 153.70 and an intraday low of Rs 134.35. At 11:57 am, the share was quoting at Rs 152.45, up Rs 16.70, or 12.30

  • RBI: Third Quarter Review of Monetary Policy 2008-09

    27th January, 2009 11:54

    This quarterly review is set in the context of a deteriorating global economic outlook and heightened uncertainty about the global financial sector. In fact, there

  • SBI advances 3%

    27th January, 2009 11:49

    SBI had touched an intraday high of Rs 1,089.90 and an intraday low of Rs 1,060 on the Nifty. At 11:47 am, the share was quoting at Rs 1,073.60, up Rs 32.10, or 3.

  • PTC India total income for Q3FY08-09 at Rs 211703.97 lacs

    27th January, 2009 11:40

    PTC India Limited reports total income for Q3 FY 2008-09 at Rs. 211703.97 lacs as against Rs. 73456.70 lacs reported in the Q3 FY 2007-08, is higher by 188.20%. To

  • Nifty has resistance at 2740: Mitesh Thacker

    27th January, 2009 11:39

    According to Mitesh Thacker, on the upside the immediate resistance is at 2740 and above that the nifty could move up to resistance level of 2860 – 2895.

  • Container Corp capex plan remains unchanged

    27th January, 2009 11:31

    Container Corporation of India (CCI) has declared its third quarter results. The company's net sales were at Rs 845.9 crore versus Rs 843.2 crore.

  • Asian Paints Q3 net profit at Rs 50.1 cr

    27th January, 2009 11:30

    Asian Paints has declared its third quarter results. The company's net sales were at Rs 1006.4 crore versus Rs 916.2 crore. Its net profit was at Rs 50.1 crore ver

  • Essar Shipping bounces back

    27th January, 2009 11:27

    Essar Shipping Ports & Logistics had touched an intraday high of Rs 32.80 and an intraday low of Rs 29. At 11:18 am, the share was quoting at Rs 31.50, up Rs 3.40

  • Sterlite Industries top gainer on the Sensex

    27th January, 2009 11:23

    Sterlite Industries is top gainer on the Sensex. It has touched an intraday high of Rs 260.80 and an intraday low of Rs 235. At 11:13 am, the share was quoting at

  • Easun Reyrolle Q3 net profit at Rs 86 lakh

    27th January, 2009 11:21

    Easun Reyrolle has announced its third quarter results. The company's net sales were at Rs 33.8 crore versus Rs 41.7 crore. Its net profit was at Rs 86 lakh versus

  • Kavveri Telecom Q3 net profit at Rs 3.5 cr

    27th January, 2009 11:18

    Kavveri Telecom Products has announced its third quarter results. The company's net sales were at Rs 52.8 crore versus Rs 52.5 crore. Its net profit was at Rs 3.5

  • Class Action suit may keep Satyam suitors away: Nasscom 

    27th January, 2009 11:16

    Som Mittal, President, Nasscom, feels it is important to stabilise Satyam's operations and understand the legal implications. "There is no sense in buying Satyam i

  • Sundaram-Clayton Q3 net loss at Rs 2.8 cr

    27th January, 2009 11:14

    Sundaram-Clayton has declared its third quarter results. The company's net sales were at Rs 116.8 crore versus Rs 149.2 crore. Its net loss was at Rs 2.8 crore ver

  • Pratibha Ind Q3 net profit at Rs 10.4 cr

    27th January, 2009 11:12

    Pratibha Ind has announced its third quarter results. The company's net sales were at Rs 192 crore versus Rs 178 crore versus.

  • Dr CS Rao joins Aujas Network's Advisory Board

    27th January, 2009 11:10

    Aujas Networks announced that Dr CS Rao Managing Director, Intel (South Asia & Middle East) has joined Aujass’ advisory board to guide them on the telecom security

  • Goa Carbon Q3 net profit at Rs 4.93 cr

    27th January, 2009 11:09

    Goa Carbon has announced its third quarter results. The company's net sales were at Rs 147 crore versus Rs 51.8 crore.

  • Indraprastha Medical Corp Q3 net profit at Rs 7.5 cr

    27th January, 2009 11:07

    Indraprastha Medical Corp has announced its third quarter results. The company's Q3 net sales were up at Rs 102.8 crore versus Rs 80.8 crore. Its net profit was up

  • Indian Card Clothing Q3 net profit at Rs 1.3 cr

    27th January, 2009 11:04

    Indian Card Clothing has declared its third quarter results. The company's Q3 net sales were up at Rs 28.5 crore versus Rs 11.13 crore. Its net profit was at Rs 1.

  • Godrej Cons Q3 standalone net profit at Rs 38.9 cr

    27th January, 2009 11:00

    Godrej Consumer Products has announced its third quarter results. The company's standalone net sales were at Rs 272.2 crore versus Rs 229.1 crore.

  • Almondz Global Q3 net profit at Rs 8 cr

    27th January, 2009 10:58

    Almondz Global has declared its third quarter results. The company's Q3 net sales were up at Rs 21.2 crore versus Rs 8 crore, QoQ.

  • WABCO-TVS Q3 net profit at Rs 1.33 cr

    27th January, 2009 10:56

    WABCO-TVS (INDIA) has announced its third quarter results. The company's net sales were at Rs 76.3 crore versus Rs 134 crore on QoQ basis. Its net profit was at Rs

  • Strong case for more monetary easing: Kotak Mahindra Bank 

    27th January, 2009 10:53

    All eyes are on RBI's Credit Policy scheduled for later today. A CNBC-TV18 poll indicates that the street is divided on a rate cut. Mohan Shenoi, Kotak Mahindra Ba

  • Indiabulls Sec to consider buy back; stk up 12.3%

    27th January, 2009 10:51

    Indiabulls Sec has touched an intra day high of Rs 20.40 and an intra day low of Rs 17.50. At 10:50 am, the share was quoting at Rs 19.55, up Rs 2.15, or 12.36% on

  • Mkts gain; rate sensitives up ahead of credit policy

    27th January, 2009 10:48

    The benchmark indices are trading higher, as buying is seen in banking, auto, realty, power, technology, cement, metal stocks as well as in Reliance Industries and

  • Oudh Sugar Q2 net profit at Rs 15.2 cr

    27th January, 2009 10:41

    Oudh Sugar Mills has announced its second quarter results. Its net sales were at Rs 172.5 crore versus Rs 52.75 crore. Its net profit was at Rs 15.2 crore versus n

  • See 0.5% CRR cut at today's Policy meet: Reliance Equities 

    27th January, 2009 10:38

    Atsi Sheth of Reliance Equities said the tone of the Reserve Bank's Macro Economic report was negative. She expects the central bank to cut the cash reserve ratio

  • Sudarshan Chem Q3 net profit at Rs 2 cr

    27th January, 2009 10:32

    Sudarshan Chem has announced its third quarter results. The company's net sales were at Rs 100 crore versus 125.8 crore, QoQ.

  • M&M Financial Q3 net profit at Rs 45 cr

    27th January, 2009 10:29

    Mahindra & Mahindra Financial Services has announced its third quarter results. The company Q3 net sales were up at Rs 357.7 crore versus Rs 331 crore, QoQ.

  • STC India Q3 net profit at Rs 25.13 cr

    27th January, 2009 10:27

    State Trading Corp of India declared its third quarter results. The company's Q3 net sales were up at Rs 5984.5 crore versus Rs 4785.9 crore.

  • Sona Koyo Q3 net loss at Rs 17.2 cr

    27th January, 2009 10:20

    Sona Koyo Steering Systems has announced its third quarter results. Its net loss was at Rs 17.2 crore versus net profit of Rs 7.3 crore.

  • L&T hikes stake in Satyam; stk at 52-week low

    27th January, 2009 10:17

    L&T has touched a 52-week low of Rs 605.55. At 10:16 am, the share was quoting at Rs 636.45, down Rs 4.6, or 0.72% on the NSE. The company has hiked its stake in S

  • Satyam maintains its march ahead

    27th January, 2009 10:15

    Satyam Computer Services has touched an intraday high of Rs 54.40 and an intraday low of Rs 41. At 10:14 am, the share was quoting at Rs 45.05, up Rs 6.20, or 15.9

  • Glenmark Q3 net profit seen down 52% at Rs 135 cr

    27th January, 2009 10:11

    Glenmark Pharma is to announce its Q3FY09 numbers. According to CNBC-TV18 estimates, its net profit is seen going down by 52% at Rs 135 crore versus Rs 280 crore.

  • Buy Gold Feb at around Rs 13950: Mansukh Securities

    27th January, 2009 10:02

    Mansukh Securities and Finance has recommended to buy Gold February at around Rs 13950 with stoploss below Rs 13870 for the target of Rs 14200.

  • Nifty has resistance at 2745: Nirmal Bang

    27th January, 2009 09:57

    According to Nirmal Bang's report, Nifty has resistance at 2745-2785-2825.

  • Nifty bounces back above 2700; banking, realty up

    27th January, 2009 09:55

    The benchmark indices have bounced back after Friday's negative close. The Nifty is trading above the 2700 mark. Buying is seen in banking, realty, telecom, techno

  • US markets end with modest gain 

    27th January, 2009 09:53

    Stocks starting out the week higher with some modest gains, the Dow ending higher by 38 points, the S&P 500 gaining 4.5 and the Nasdaq picking up 12 points.

  • Don't expect an RBI rate cut today: Ajay Bagga 

    27th January, 2009 09:40

    Ajay Bagga, Financial Planning Standards Board of India expects some headwinds by about September. Commenting on what's expected at today's RBI policy meet, Bagga

  • HMT Q3 net loss at Rs 17cr

    27th January, 2009 09:34

    HMT has announced its third quarter results. The company's net loss was at Rs 17 crore versus net loss of Rs 15.2 crore.

  • Expect flat opening: Karvy

    27th January, 2009 09:24

    According to Karvy Stock Broking's Technical Analysis report, Domestic markets are likely to open on a flat note following the mixed moves in the global indices.

  • Nifty 2700 Put sheds 15 lakh shares in Open Interest

    27th January, 2009 09:17

    FIIs were net sellers to the tune of Rs 333 crore in Nifty futures and its open interest was up by 20,349 contracts. FIIs net bought Rs 517 crore in Nifty options.

  • Educomp Solutions Q3 net profit seen at Rs 37.4 cr

    27th January, 2009 09:09

    Educomp Solutions is to announce its Q3FY09 numbers. According to CNBC-TV18 estimates, its Q3 net profit is seen going up at Rs 37.4 crore versus Rs 19 crore.

  • Rupee opens at Rs 48.90 per dollar

    27th January, 2009 09:01

    The Indian Rupee opened at Rs 48.90 per dollar versus Rs 49.26 Friday.

  • VK Sharma expects profit booking & fresh shorting

    27th January, 2009 08:58

    Market may open higher, but I expect profit booking and fresh shorting. Huge Nifty Futures discount, loss of OI at 2700 Put indicates traders don't see a settlemen

  • See stock specific action in trade today 

    27th January, 2009 08:56

    The markets have a lot of newsflow to price in today. They could be some stock specific actions due to results announced during the weekend and other news. There a

  • Buy MCX Feb Gold on dips to Rs 14021: Gnanasekar

    27th January, 2009 08:54

    For gold, buy MCX February on dips to Rs 14,021 per 10 grams with a target of Rs 14,210 per 10 grams, says Gnanasekar.

  • 10-yr yield seen between 5.40-6.20%: Shenoi

    27th January, 2009 08:50

    Market could rally if Repo and Reverse Repo rates are cut. Market will be range bound and volumes will be low till any announcement is made at the policy. The rang

  • Resistance for the Nifty at 2764-2709: Gaba

    27th January, 2009 08:47

    The supports on the way down are at 2560-2410 and resistances on the way up are at 2764-2709. From a trading point of view I would be cautious and trade volatility

  • Petronet to sign gas supply deal with Gorgan in Feb

    27th January, 2009 08:46

    Petronet LNG Ltd (PLL) will sign a gas supply contract with Australian consortium Gorgan Projects in February for supply of LNG to its 2.5-million-tonne-a-year ter

  • SAIL coking coal imports slow down

    27th January, 2009 08:45

    Steel Authority of India Ltd (SAIL) has virtually stopped importing coking coal. Only one vessel, carrying about 20,000 tonnes, called at Haldia and none at either

  • Stocks in news: Satyam, L&T, TCS, Wyeth, Unitech

    27th January, 2009 08:42

    Stocks in news: Caterpillar looks to terminate Satyam contract, may move to TCS. L&T hikes stakes in Satyam from 4.48% to 12.04%. Pfizer to buy Wyeth for $68Bn

  • F&O cues: Marketwide rollover at 31%

    27th January, 2009 08:41

    F&O cues: Marketwide rollover at 31%, Nifty rollover at 38%. Total Fut up Rs 30 cr in OI, Total Options add Rs 223 cr in OI.

  • Indian banks continue to keep Nostro balances with CitiBank

    27th January, 2009 08:39

    Indian banks continue to maintain their correspondent account balances with the Citi Bank despite the large losses and asset writedowns.

  • Nifty likely to witness a range of 2750-2600: Bhambwani

    27th January, 2009 08:30

    The coming session is likely to witness a range of 2750 on advances and 2600 on declines. The bullish pivot for the session will be at the 2720 above which the bul

  • Wall Street ends higher; Dow up 38 points

    27th January, 2009 08:19

    US markets ended in the green, amid expectations of stimulus. The 68 billion dollar deal between Pfizer and Wyeth helped overshadow gloomy earnings outlook from ca

  • Nikkei trading higher 3.5%

    27th January, 2009 08:16

    Only Nikkei is trading today; all other Asian markets shut due to Lunar New Year. Japan's Nikkei gained 3.49% or 267.93 points at 7,950.07.

  • Long-term import arrangements for pulses likely to help

    27th January, 2009 08:08

    Despite being the world’s largest producer and consumer of a wide variety of pulses, India has the dubious distinction of being the world’s largest importer as wel

  • Torrent Power Q3 net profit at Rs 101.9 cr

    27th January, 2009 08:01

    Torrent Power has announced its third quarter numbers. Its Q3 net profit was up at Rs 101.9 crore from Rs 59.3 crore.

  • ICRA Q3 net profit at Rs 9 cr

    27th January, 2009 08:00

    ICRA has announced its third quarter numbers. Its Q3 net profit increased at Rs 9 crore versus Rs 6.8 crore.

  • Kesoram Ind Q3 net profit at Rs 39.15 cr

    27th January, 2009 07:58

    Kesoram Industries has announced its third quarter numbers. Its Q3 net profit declined at Rs 39.15 crore from Rs 107.4 crore.

  • Indiabulls Securities Q3 net profit at Rs 20.8 cr

    27th January, 2009 07:48

    Indiabulls Securities has come out with Q3FY09 numbers. Its Q3 net profit went down at Rs 20.8 crore versus Rs 37.6 crore, QoQ.

  • KSK Energy Ventures Q3 net profit at Rs 8.7 cr

    27th January, 2009 06:20

    KSK Energy Ventures has come out with third quarter numbers. Its Q3 consolidated net profit was down at Rs 8.7 crore versus Rs 45.4 crore, QoQ.

  • Sebi might relax open offer price norms in Satyam's case 

    27th January, 2009 21:22

    Sebi can, under exceptional circumstances, make a change to the date of deciding the offer price. However, Sebi may debate whether to set a precedent with this cas

  • Will ensure Satyam mgmt structure stays intact: BCG 

    27th January, 2009 21:02

    Post the meeting held today in Hyderabad, Satyam board has appointed Boston Consulting Group was named as management advisors. James Abraham of BCG said, "Our focu

  • Buy SBI, target of Rs 1605: Motilal Oswal

    27th January, 2009 20:43

    Motilal Oswal has maintained its buy rating on State Bank of India (SBI) with a target of Rs 1605. SBI 3QFY09 PAT at Rs 24.8 billion.

  • Experts endorse Satyam stance seeking Sebi waiver 

    27th January, 2009 20:27

    Commenting on the Satyam saga, Ashok Wadhwa of Ambit Holdings said request by Satyam board seeking SEBI nod for waiver from 26-week average price for open offer fa

  • JSW Steel Q3 PAT seen at Rs 104 cr

    27th January, 2009 20:17

    JSW Steel is to announce its third third quarter results. According to CNBC-TV18 estimates, its consolidated net sales are expected to go up 16% at Rs 3285 crore v

  • Satyam Board appoints BCG as Management Advisors

    27th January, 2009 20:02

    Satyam Board Appoints BCG as Management Advisors; Goldman Sachs & Avendus as Investment Bankers

  • iSOFT wins US$ 2.78mn deal with Healthscope

    27th January, 2009 19:52

    iSOFT, an IBA Health Group company, today announced an agreement with leading Australian private hospital provider Healthscope Limited valued at US $ 2.78 mill

  • Cummins India sales up 27% for Q308-09

    27th January, 2009 19:31

    Cummins India's net sales for the quarter were reported at Rs 7495.2 million, an increase of 27% over sales of Rs 5902.3 million for the same period last year.

  • REC sees consultancy of Rs 30cr for Power Distribution Co 

    27th January, 2009 19:19

    Uma Shankar, CMD, Rural Electrification Corp said the company has two subsidiaries - REC Power Distribution Company and REC Power Transmission Company. "For the cu

  • Venture Infotek wins IMC RBNQ Award

    27th January, 2009 19:08

    Venture Infotek, India’s Premier Transaction Management Company has been declared the winner of the prestigious IMC Ramkrishna Bajaj National Quality (RBNQ) Award

  • Markets end strong: Nirmal Bang

    27th January, 2009 18:59

    According to Nirmal Bang's After Market Report, the markets opened on a firm note and continued to trade in the positive territory throughout the day. Both the ind

  • Kanoria Chemicals announces 17% higher net sales for 9MFY09

    27th January, 2009 18:44

    Kanoria Chemicals announces 17% higher Net sales for 9MFY09 Net Sales for 9MFY09 at Rs. 374 crore and EBIDTA at Rs. 81 crore

  • MF net sell Rs 205.7 cr in equities on Jan 23

    27th January, 2009 18:30

    Mutual funds were net sellers to the tune of Rs 205.7 crore in equities on January 23, 2009, reports CNBC-TV18.

  • Sesa Goa Q3 net sales at Rs 1374cr

    27th January, 2009 18:20

    Sesa Goa

  • Kotak Securities launches Business Associate Support System

    27th January, 2009 18:10

    Kotak Securities, the stock broking arm of the Kotak Mahindra group has launched a new micro site for Business Associate support.

  • Earnings to be bad in next quarter also: Kotak Sec 

    27th January, 2009 18:07

    Shashank Khade of Kotak Securities said there has not been demand slump sort of an impact on certain companies and next quarter will start showing up some sort of

  • Smart class biz capex at Rs 60 cr: Educomp Solutions

    27th January, 2009 18:00

    Educomp Solutions has announced its third quarter numbers of FY09. Its Q3 standalone net profit went up 65.88% at Rs 31.55 crore from Rs 19.02 crore, YoY. The comp

  • Capex for current year at Rs 12600 cr: NTPC

    27th January, 2009 17:59

    NTPC has has announced its third quarter results. The company's net profit was up by 6.7% at Rs 2250.9 crore versus Rs 2110.5 crore. Its net sales went up by 17.6%

  • LVB revises interest rates

    27th January, 2009 17:41

    Lakshmi Vilas Bank has announced a revision of interest rates on deposits w .e .f 27.01.09 and on advances with effect from 07.02.2009.

  • Adobe named One of the '100 Best Companies to Work For'

    27th January, 2009 17:33

    Adobe Systems Incorporated announced it is ranked the 11th best company to work for globally, according to FORTUNE magazine’s 12th annual “100 Best Companies to Wo

  • Broadcasting revenues may be negative in 2009-10: UTV Soft

    27th January, 2009 17:31

    For the quarter ended December 31, 2008, UTV Software Communications, as compared with the same quarter previous fiscal, reported a growth of 30% in Total Operatin

  • REC Q3 standalone net profit up at Rs 318.65 cr

    27th January, 2009 17:28

    Rural Electrification Corporation, REC has come out with third quarter numbers. Its Q3 standalone net profit was up at Rs 318.65 crore versus Rs 224.98 crore, (YoY

  • Wyeth deal to create global bio-pharma behemoth: Pfizer 

    27th January, 2009 17:21

    Jeffery Kindler, Chairman and CEO, Pfizer, said Pfizer along with Wyeth would create the world’s premier bio-pharmaceutical company. Bernard Poussot, Chairman and

  • Edelweiss Capital has cash of Rs 1500 crore in bank FDs

    27th January, 2009 17:05

    Edelweiss Capital has declared its third quarter results. The company's consolidated net sales were down 20% at Rs 198.5 crore versus Rs 248.9 crore on QoQ basis.

  • Rupee ends higher, bonds lower

    27th January, 2009 17:04

    Rupee ended higher at Rs 48.93 as against its previous close of Rs 49.26. The widely traded 8.24%, 2018 paper closed lower at Rs 115.95 as against its previous clo

  • Refiners to benefit from heating oil contracts: MCX 

    27th January, 2009 16:58

    Joseph Massey, MD, MCX, said Indian Oil has been asking for heating oil contracts for a long time because they wanted to fix their refinery margins. “There are ref

  • PNB Q3 net profit seen up 32.5% to Rs 717.43 cr

    27th January, 2009 16:54

    Punjab National Bank, PNB is to announce its Q3FY09 numbers. According to CNBC-TV18 estimates, its Q3 net profit is seen going up 32.5% to Rs 717.43 crore from Rs

  • Buy steel stocks on decline: Mohindar 

    27th January, 2009 16:51

    Rahul Mohindar of Viratechindia is of the view that one can buy steel stocks on decline.

  • Mkts breadth not impressive on good day 

    27th January, 2009 16:49

    It has been a good day for the market. The Nifty holding almost 100 point gain and the Sensex nearly 300 points, the breadth admittedly has not been as great as th

  • India not in recession: Economic Affairs Secretary

    27th January, 2009 16:45

    The Economic Affairs Secretary said there are no signs of recession in the Indian economy. He feels the Reserve Bank of India may not have cut rates to keep headro

  • S Sharma not optimistic on banking space

    27th January, 2009 16:45

    Shankar Sharma, Vice Chairman & Joint MD of First Global is not optimistic on banking space.

  • Central Bank of India Q3 net profit up at Rs 353.26 cr

    27th January, 2009 16:41

    Central Bank of India has come out with third quarter numbers. Its Q3 standalone net profit went up at Rs 353.26 crore from Rs 201.01 crore (YoY).

  • Buy Kirloskar Oil, target of Rs 72: Emkay Global

    27th January, 2009 16:33

    Emkay Global Financial Services has upgraded its rating on Kirloskar Oil Engines from accumulate to buy with a target of Rs 72. Reported net profit declined by 54.

  • Educomp Solutions may exceed FY09 outlook 

    27th January, 2009 16:32

    Shantanu Prakash, MD and CEO, Educomp Solutions, said the company is on track to maintain its FY09 outlook. "Our guidance for FY09 for our topline was Rs 580 crore

  • Geometric releases version 1.2 of 3DPaintBrush

    27th January, 2009 16:23

    Geometric Limited, a leader in Product Lifecycle Management (PLM) solutions and technologies, announced the release of 3DPaintBrush™ version 1.2.

  • SAIL posts Q3 net profit at Rs 843cr

    27th January, 2009 16:11

    SAIL's Q3 net profit at Rs. 843 crore showed a 56 % decline than the corresponding quarter last year (YoY). Q3 profit before tax (PBT) at Rs. 1,257 crore, lower by

  • Hanung Toys claims to benefit most from permanent China ban 

    27th January, 2009 15:51

    Reports suggest that the ban on Chinese toys may be made permanent as the government is considering a set of mandatory standards. Ashok Kumar Bansal, Hanung Toys s

  • USL, Diageo deal could hit Radico Khaitan value  

    27th January, 2009 15:48

    United Spirits’ promoters hold 36.5% while and 14% is in the form of treasury shares. There is room for Diageo to increase their stake to over 15% if the regulator

  • Gold trading at five week high 

    27th January, 2009 15:40

    The precious metals is buzzing. Gold price is trading at five week highs at this point in time. It is that thing that a lot of bailout packages which various centr

  • Sensex ends above 9K led by metal, power, telecom, IT, bank

    27th January, 2009 15:33

    The benchmark indices have seen smart bounce back in today's trade, after sharp fall in the last week. Both indices ended on a strong note - the Sensex surpassed 9

  • RBI aims to protect eco; maintain rupee, dollar liquidty 

    27th January, 2009 15:31

    D Subba Rao, Governor of RBI, said the central bank has acted to protect economy and to maintain rupee, dollar liquidity. “Reports show that RBI rate adjustments a

  • Union Bk plans to reduce deposit rates to 7.5% by Feb 

    27th January, 2009 15:29

    MV Nair, Union Bank, said interest rate have to come down as there is a refinance window available from RBI, which is available at 5.5% and no bank has accessed it

  • Reduce Wipro, target of Rs 213: Prabhudas Lilladher

    27th January, 2009 15:25

    Prabhudas Lilladher has maintained its reduce rating on Wipro with a target price of Rs 213. Wipro’s Q3FY09 results were broadly in line with expectations, wherein

  • Glenmark's cons revenue at Rs 5813.89 mn,declines by 14.42%

    27th January, 2009 15:15

    Glenmark’s consolidated revenue at Rs 5813.89 mn, declines by 14.42%; Net Profit at Rs 814.32 mn, declines by 70.91% for Q3 FY09

  • SAIL Q3 PAT hit by high coking coal prices 

    27th January, 2009 15:12

    Commenting on Sail's Q3 results S K Roongta, CMD, SAIL, said its Q3 profit after tax (PAT) was impacted due to high coking coal prices. Also Q3 sales volumes were

  • Oracle Financial's net income up by 147% at Rs 263cr

    27th January, 2009 15:07

    Oracle Financial Services Software ltd Q3 Net Income up by 147% YoY at Rs 263cr

  • Accumulate Cipla, target of Rs 213: Angel

    27th January, 2009 14:57

    Angel Broking has upgraded its rating on Cipla with a target of Rs 213. For 3QFY2009, the company posted Net Sales of Rs 1,264.3 cr registering a yoy growth of 25.

  • European markets trading firm; CAC, DAX up

    27th January, 2009 14:54

    European markets were trading firm. CAC 40 rose 0.43% or 12.57 ponts at 2,967.94. DAX advanced 0.58% or 25.51 points at 4,352.08. FTSE 100 was flat at 4,205.27.

  • Kale Q3 revenues up 26%; Net profit up 79%

    27th January, 2009 14:50

    Kale has recorded revenues of Rs. 251.27 mn for the quarter ended December 31, 2008, as compared to Rs. 199.87 mn for the corresponding quarter of the previous yea

  • Rei Agro Q3 net profit at Rs 2.03 cr

    27th January, 2009 14:49

    Rei Agro has announced its third quarter numbers. Its Q3 net profit went down at Rs 2.03 crore from Rs 26.44 crore.

  • Hold Tech Mahindra, target of Rs 240: PINC

    27th January, 2009 14:46

    PINC Research has maintained its hold rating on Tech Mahindra with a target price of Rs 240. Tech Mahindra Ltd. (TML) reported a disappointing quarter as net sales

  • SAIL Q3 net profit at Rs 843 cr

    27th January, 2009 14:43

    Steel Authority of India has announced its third quarter results. The company's Q3 standalone net profit at Rs 843.34 crore versus Rs 1934.66 crore, YoY.

  • Educomp Solutions can test Rs 1800: Mathew 

    27th January, 2009 14:40

    Technical Analyst, E Mathew is of the view that after the huge news and wild gyrations, which were going on last week, Educomp still has scope for a pullback rally

  • Sensex hits 9000 mark; metal, power, IT up 4-6%

    27th January, 2009 14:38

    The markets have extended gains further led by metal, banking, power, technology, telecom, auto and oil & gas (barring ONGC). The Sensex has tested 9000 mark while

  • Concrete gain for Ambuja Cements

    27th January, 2009 14:36

    Ambuja Cements had touched an intraday high of Rs 72 and an intraday low of Rs 66.75. At 2:35 pm, the share was quoting at Rs 69.70, up Rs 3.60, or 5.45% on the Ni

  • Sell TVS Motor, target of Rs 13: Reliance Money

    27th January, 2009 14:33

    Reliance Money has recommended a sell rating on TVS Motor Company with a target price of Rs 13. Despite the strong upward movement of EBITDA (up by 196% y-o-y) th

  • Sun Pharma in good health

    27th January, 2009 14:31

    Sun Pharmaceutical Industries had touched an intraday high of Rs 1,148.80 and an intraday low of Rs 1,075.20. At 2:21 pm, the share was quoting at Rs 1,137.50, up

  • Godrej Cons opens 5 'Kinky' owned stores across SA

    27th January, 2009 14:30

    Godrej Consumer Products has announced its third quarter results. The company's standalone net sales were at Rs 272.2 crore versus Rs 229.1 crore.

  • Domestic funds buyers in today’s trade  

    27th January, 2009 14:24

    Domestic funds are buyers in today’s trade while volumes are low at FII desk as Asian markets shut. Market has been discounting bad numbers today. Short covering i

  • Engineers India Q3 net profit at Rs 68.9 cr

    27th January, 2009 14:19

    Engineers India has announced its third quarter results. The company's standalone net profit was at Rs 68.9 crore versus Rs 50.3 crore on YoY basis.

  • Sensex inching up towards 9K; metals, power spurt

    27th January, 2009 14:05

    Buying in shares of banking, power, telecom, technology, metal, OMCs and Reliance Industries is helping the markets to stay on the higher side.

  • Wipro moves up nearly 6%

    27th January, 2009 13:51

    Wipro had touched an intraday high of Rs 227.70 and an intraday low of Rs 215.35. At 1:49 pm, the share was quoting at Rs 226, up Rs 12.45, or 5.83%.

  • Sesa Goa Q3 net profit at Rs 470 cr

    27th January, 2009 13:39

    Sesa Goa has declared its third quarter results. The company's Q3 net profit down 7.3% at Rs 470 crore versus Rs 505.6 crore.

  • Century Textiles Q3 net profit at Rs 23 cr

    27th January, 2009 13:32

    Century Textiles has declared its third quarter results. The company's Q3 net profit at Rs 23 crore versus Rs 72 crore.

  • L&T's Oman arm bags construction orders valued at Rs 1198cr

    27th January, 2009 13:30

    Larsen & Toubro (Oman) LLC, one of the leading companies in the field of engineering and construction in the region has secured major orders cumulatively valued at

  • Kale Consultants Q3 net profit at Rs 1.48 cr

    27th January, 2009 13:27

    Kale Consultants has declared its third quarter results. The company's net profit was at Rs 1.48 crore. Its income from operations at Rs 25.1 crore.

  • SBI wins 2 IBA Award

    27th January, 2009 13:21

    State Bank of India got two prestigious awards from Indian Banks Association namely "RURAL BANKING INITIATIVE "AND "BEST IT ARCHITECTURE" on 20th January 2009 in t

  • Unitech makes smart gain

    27th January, 2009 13:18

    Unitech had touched an intraday high of Rs 28.40 and an intraday low of Rs 26.80. At 1:06 pm, the share was quoting at Rs 27.60, up Rs 0.65, or 2.41%. The company

  • Rel Petroleum sees build up 46 lakh shares in OI 

    27th January, 2009 13:15

    We are seeing a pick up in turnover because we are heading into expiry just two days from now. It has gone up to nearly Rs 27,000 crore in the F&O space, marked hi

  • FT operating revenue increases by 58% to Rs 624mn

    27th January, 2009 13:10

    Financial Technologies’ operating revenue increased by 58% (Y-o-Y) to Rs. 624 million in Q3 FY 2008-09. Net Profit excluding project divestment income increased by

  • Divi's Labs PAT grows by 21% to Rs 309cr for 9mths

    27th January, 2009 13:01

    Divi’s Laboratories has earned a PAT of Rs 309 crores on a consolidated basis for the 9-month period ending 31st December, 2008. Total income for the period grew b

  • GM India launches Chevrolet Captiva Automatic+

    27th January, 2009 12:40

    General Motors India launched its state-of-the-art Chevrolet Captiva Automatic+ premium sport utility vehicle. The Captiva Automatic+, as the name suggests, offers

  • Mkts see buying interest; Nifty tests 2750

    27th January, 2009 12:35

    The benchmark indices are trading higher on the back of upmove in power, technology, metal, telecom, banking, slect capital goods and oil & gas stocks. RBI kept al

  • HCL Technologies turns up

    27th January, 2009 12:30

    HCL Technologies had touched an intraday high of Rs 118 and an intraday low of Rs 110. At 12:19 pm, the share was quoting at Rs 115.95, up Rs 8.95, or 8.36%. It wa

  • Ranbaxy an underperformer: Karvy

    27th January, 2009 12:24

    Karvy Stock Broking has rated Ranbaxy Laboratories as an underperformer with a target price of Rs 160. The company's revenues for the quarter were up by 9.8 % to R

  • USL in talks with Diageo for stake sale: Vijay Mallya 

    27th January, 2009 12:21

    Vijay Mallya of United Spirits confirmed news on the Diageo stake sale deal and said the company was in very advanced stages of negotiation with Diageo. He added t

  • Buy 3i Infotech, target of Rs 46: HDFC Securities

    27th January, 2009 12:17

    HDFC Securities has recommended a buy rating on 3i Infotech with a target price of Rs 46. Net profit decreased by 5.5% QoQ to Rs 645 million due to de-growth at th

  • HUL's net sales grow by 17%; FMCG grows 21%

    27th January, 2009 12:11

    Hindustan Unilever Limited announced its results for December Quarter 2008. Net Sales grew by 17% and FMCG by 21% with underlying volume growth of 2%

  • CEAT's Rs 700cr new radial tyre plant at Halol

    27th January, 2009 12:04

    Gujarat Chief Minister Narendra Modi lays the foundation stone for CEAT's Rs. 700 crore new radial tyre plant at Halol. The investment of Rs 700 crore from CEAT wi

  • ONGC top loser on the Sensex

    27th January, 2009 11:58

    ONGC is top loser on the Sensex. It had touched an intraday high of Rs 653 and an intraday low of Rs 623.50. At 11:49 am, the share was quoting at Rs 624.70, down

  • Stay away from Bharti Airtel: Sukhani 

    27th January, 2009 11:52

    Technical Analyst, Sudarshan Sukhani is of the view that one can stay away from Bharti Airtel.

  • Zee Entertainment among major gainers

    27th January, 2009 11:40

    Zee Entertainment Enterprises is among major gainers on the Nifty. It had touched an intraday high of Rs 99.70 and an intraday low of Rs 90. At 11:40 am, the shar

  • See 17% earnings decline in Q3: BNP Paribas Sec 

    27th January, 2009 11:40

    Manishi Raychaudhuri of BNP Paribas Securities sees a 17% earnings decline in Q3 and expects the overall FY09 numbers to see a marginal fall. He believes the poor

  • Indian GDRs: Satyam up 10.5%, L&T down 5.7%

    27th January, 2009 11:36

    Indian GDRs: Satyam was up 10.53% at USD 1.89, SBI gained 4.02% at USD 44, RIL rose 2.04% at USD 46.95, Infosys gained 2.46% at USD 26.70, ITC advanced 1.45% at US

  • Transcend introduces new 1.8 inch portable SSD18M in India

    27th January, 2009 11:31

    Transcend Information, Inc. the world’s leading manufacturer of memory products, has announced the availability of its stylish new 1.8-inch portable solid state dr

  • Nifty still holds 2700; RIL, Bharti, IT, metal support

    27th January, 2009 11:30

    The benchmark indices are witnessing buying interest despite showing some profit booking at higher levels. Reserve Bank of India has kept all rates unchanged in it

  • CONCOR Q3 net profit at Rs 206.3 cr

    27th January, 2009 11:26

    Container Corporation of India (CCI) has declared its third quarter results. The company's net sales were at Rs 845.9 crore versus Rs 843.2 crore. Its net profit w

  • Chennai Petroleum Q3 net loss at Rs 1269.9 cr

    27th January, 2009 11:22

    Chennai Petroleum has announced its third quarter results. The company's net sales were at Rs 5617.45 crore versus Rs 7060.91 crore.

  • RBI keeps key rates unchanged, revises GDP target to 7%

    27th January, 2009 11:20

    The Reserve Bank of India has left all key rates unchanged, the repo, the reverse repo and the CRR are held at current levels. The bank rate too is left static. Th

  • ICI Q3 net profit at Rs 175 cr

    27th January, 2009 11:17

    ICI has announced its third quarter results. The company's net sales were at Rs 234.8 crore versus Rs 256.7 crore.

  • SCI Q3 net profit at Rs 185.4 cr

    27th January, 2009 11:15

    SCI has announced its third quarter results. The company's net sales were at Rs 1113.1 crore versus Rs 915.3 crore.

  • Aro Granite Q3 net profit at Rs 2.2 cr

    27th January, 2009 11:14

    Aro Granite has announced its third quarter results. The company's net sales were at Rs 28 crore versus Rs 25 crore.

  • SPARC Q3 net loss at Rs 13.3 cr

    27th January, 2009 11:10

    SPARC has announced its third quarter results. The company's net sales were at Rs 1.85 crore versus Rs 1 crore.

  • Liberty Shoes Q3 net profit at Rs 2.5 cr

    27th January, 2009 11:10

    Liberty Shoes has declared its third quarter results. The company's Q3 net sales were up at Rs 70 crore versus Rs 69.7 crore. Its net profit was down at Rs 2.5 cro

  • Ashok leyland Q3 net loss seen at Rs 43.4 cr

    27th January, 2009 11:08

    Ashok leyland is to announce its Q3FY09 numbers. According to CNBC-TV18 estimates, it is likely to report net loss of Rs 43.4 crore in Q3 as against net profit of

  • Andhra Sugar Q3 net profit at Rs 76 lakh

    27th January, 2009 11:04

    Andhra Sugar has announced its third quarter results. The company's net sales were at Rs 158.6 crore versus Rs 133.4 crore.

  • PTC India Q3 net profit at Rs 23.7 cr

    27th January, 2009 11:01

    PTC India has announced its third quarter results. The company's net sales were at Rs 2117 crore versus Rs 2032.3 crore on QoQ basis. Its operating profit was at R

  • ING Vysya Bk Q3 standalone net profit at Rs 52.05 cr

    27th January, 2009 10:58

    ING Vysya Bank has announced its third quarter results. The company's standalone NII was at Rs 172.71 crore versus Rs 155.87 crore. Its standalone net profit was a

  • NDTV Q3 net loss at Rs 120.80 cr

    27th January, 2009 10:58

    NDTV has announced its third quarter results. The company's consolidated net sales were at Rs 129.35 crore versus Rs 120.27 crore, QoQ.

  • HUL to adress all income segments in India 

    27th January, 2009 10:55

    HUL's Q4 2008 net profit went up by 12.8% at Rs 612.6 crore as against Rs 543.1 crore YoY. D Sundaram, HUL said the company will address all income segments becaus

  • Ponni Sugars Q3 net profit at Rs 2.88 cr

    27th January, 2009 10:52

    Ponni Sugars has declared its third quarter results. The company's Q3 net sales were up at Rs 40.1 crore versus Rs 31.7 crore.

  • Entegra Q3 net loss at Rs 29 lakh

    27th January, 2009 10:48

    Entegra has announced its third quarter results. The company's net sales were at Rs 8.4 crore versus Rs 52.1 crore.

  • NTPC approves investment of Rs 6231 cr; stk gains

    27th January, 2009 10:43

    NTPC had touched an intraday high of Rs 184.25 and an intraday low of Rs 179. At 10:42 am, the share was quoting at Rs 184.10, up Rs 4.25, or 2.36% on the NSE. The

  • Kothari Sugars Q3 net loss of Rs 13.7 cr

    27th January, 2009 10:40

    Kothari Sugars has announced its third quarter results. The company's Q3 net sales were down at Rs 40.1 crore versus Rs 51.9 crore.

  • See new, deeper mkt lows by Feb, March: Shankar Sharma 

    27th January, 2009 10:33

    Shankar Sharma of First Global feels the markets may hit new lows by February or March. He said the new low may be deeper than the previous one. "I expect the Sens

  • Mirc Electronics Q3 net profit at Rs 2.5 cr

    27th January, 2009 10:30

    Mirc Electronics has declared its third quarter results. Its net profit was at Rs 2.5 crore versus Rs 8.9 crore.

  • Munjal Auto Q3 net profit at Rs 2.36 cr

    27th January, 2009 10:27

    Munjal Auto has announced its third quarter results. The company's net sales were at Rs 57 crore versus Rs 65.3 crore.

  • Pfizer to buy Wyeth for $ 68 bn; stk rises

    27th January, 2009 10:24

    Pfizer had touched an intraday high of Rs 549 and an intraday low of Rs 520. At 10:20 am, the share was quoting at Rs 533.60, up Rs 19.25, or 3.74% on the NSE. The

  • Zenith Birla Q3 net profit at Rs 3.67 cr

    27th January, 2009 10:20

    Zenith Birla has announced its third quarter results. The company's Q3 net sales were up at Rs 162.6 crore versus Rs 123.7 crore.

  • Wyeth Q3 net profit at Rs 20.8 cr

    27th January, 2009 10:16

    Wyeth has declared its third quarter results. The company's net profit was at Rs 20.8 crore versus Rs 17.4 crore.

  • Kamat Hotels Q3 net loss at Rs 3.23 cr

    27th January, 2009 10:11

    Kamat Hotels has announced its third quarter results. The company's net loss was at Rs 3.23 crore versus Rs 11.7 crore.

  • GSK Consumer Q4 net profit seen up 3.6% at Rs 28.5 cr

    27th January, 2009 10:10

    Glaxo Smithkline Consumer Healthcare is to come out with Q4 numbers. According to CNBC-TV18 estimates, its net profit is seen going up 3.6% at Rs 28.5 crore versus

  • JP Associates has support at Rs 50-55: Sukhani 

    27th January, 2009 09:59

    Technical Analyst, Sudarshan Sukhani is of the view that Jaiprakash Associates has support at Rs 50-55.

  • Stay away from Canara Bank: Sukhani 

    27th January, 2009 09:57

    Technical Analyst, Sudarshan Sukhani is of the view that one can stay away from Canara Bank. The banking index suggests that something very dismal is going on ther

  • See 2700 Nifty as good buying opportunity: Sukhani 

    27th January, 2009 09:53

    Sudarshan Sukhani of Technical Trends sees 2,700 Nifty as a good buying opportunity. However, he foresees resistance on every upside. He also does not see the mark

  • Expect 15% growth in topline in FY10: Crompton Greaves

    27th January, 2009 09:48

    Crompton Greaves has announced its third quarter results. The company's Q3 consolidated net profit was up at Rs 123.2 crore versus Rs 82.7 crore.

  • Sensex has resistance at 8860: Mansukh Securities

    27th January, 2009 09:39

    According to Mansukh Securities and Finance's report, Sensex will find support at 8430/8240. On the other hand, it may test resistance, which are likely to come ar

  • Hiked Satyam stake as cost of investment was at risk: L&T

    27th January, 2009 09:28

    AM Naik, CMD, L&T, said the company has hiked stake in Satyam as the initial cost of investment in the company was at risk. “We needed reasonable value in the comp

  • Markets could open higher: Anagram

    27th January, 2009 09:20

    According to Anagram Research's report, the markets could open higher despite a weak closing on Friday courtesy the Nikkei, which is warming up to a weak Yen and m

  • SAIL Q3 net profit seen down 50% at Rs 960.85 cr

    27th January, 2009 09:13

    SAIL is to announce its Q3FY09 numbers. According to CNBC-TV18 estimates, its Q3 net profit is seen going down 50% at Rs 960.85 crore versus Rs 1,934 crore.

  • Expect stocks to improve today: Mohoni

    27th January, 2009 09:04

    European markets rallied strongly last night. The US markets also rose, but with smaller gains. Asian markets are strong this morning, and global markets are risin

  • FIIs net sell Rs 523 cr in cash market (Prov)

    27th January, 2009 09:00

    Nifty faced strong supply at 2,800 and above. Nifty at 2,610-2,591 touted as temporary support.

  • Mkt likely to recover today: PN Vijay

    27th January, 2009 08:57

    The market is oversold and is likely to recover today. PN Vijay doesn't expect anything significant from RBI's credit policy as liquidity is ample.

  • RBI report sees FY09 GDP at 6.8% vs 7.7%

    27th January, 2009 08:54

    The Reserve Bank of India released it Q3 FY09 Macroeconomic Monetary Development report. A survey conducted shows that business expectations for Q3 FY09 are down 2

  • Race for RBI Deputy Governor narrows down to three

    27th January, 2009 08:51

    Race for the Reserve Bank of India's Deputy Governor has narrowed down to three candidates, according to Finance Ministry sources. The eligible candidates include

  • Circuit filters change on BSE

    27th January, 2009 08:49

    The circuit filters has been changed from their existing levels in Infotrek Syscom, Indus Fila, SAAG RR Infra, Lotus Chocolate and Bang Overseas with effect from J

  • Rupee should be marginally strong: Thanawala

    27th January, 2009 08:47

    The rupee should be marginally strong due to dollar losing ground versus cross currencies, positive cues from global equities and on hopes of rate cuts at the cred

  • Sensex has resistance at 8929-9020: Gaba

    27th January, 2009 08:45

    The target for the Sensex is 7850 and the resistance to the up move is at 8929-9020.

  • Expect flat to positive opening: Gujral

    27th January, 2009 08:42

    Market will have flat to positive opening and may remain volatile and choppy on account of F&O settlement. Supports are at 2600 -2630 and resistance at 2765-2780.

  • DoT finalises auditor to scrutinise RCom’s books

    27th January, 2009 08:41

    The Department of Telecom has finalised an auditor to scrutinise the account books of Reliance Communications and its subsidiaries to ascertain whether the company

  • Market cues: FIIs net sell $62.3 mn

    27th January, 2009 08:39

    Market cues: FIIs net sell $62.3 m in equity and MFs net sell Rs 137.5 cr in equity on January 22.

  • Exit long positions: Vasudeo

    27th January, 2009 08:34

    The overall strategy remains to exit long positions and sell on a rally to weekly resistance levels. Lower range of 8316-7697 can be expected.

  • Indian ADRs: Satyam up 10.5%, Wipro gains

    27th January, 2009 08:23

    Indian ADRs: Satyam, Wipro, Infosys, Tata Com, MTNL, HDFC Bank and Tata Motors gained.

  • Corporation Bank Q3 PAT seen up 15% at Rs 220 cr

    27th January, 2009 08:17

    Corporation Bank is to announce its Q3FY09 numbers. According to CNBC-TV18 estimates, its profit after tax, PAT is seen going up by 15% at Rs 220 crore versus Rs 1

  • Crude oil slips on likely increase in US inventories

    27th January, 2009 08:16

    Crude oil fell for the first day in four on concern efforts by OPEC to trim production might not be sufficient to bolster prices. Oil prices slipped on Monday as d

  • Global cotton offtake may fall 11%

    27th January, 2009 08:04

    Global cotton consumption is likely to fall by 11 per cent in the current season ending August due to rising production costs of the textile mills, strengthening o

  • US mkts shrug off unexpectedly positive economic data

    27th January, 2009 08:00

    US markets ended off day's high. It shrugged off unexpectedly positive economic data in the US markets and bounced back in European financial stocks.

  • Shriram EPC Q3 net profit at Rs 10.4 cr

    27th January, 2009 07:59

    Shriram EPC has declared its third quarter numbers. Its Q3 net profit was up at Rs 10.4 crore versus Rs 6.26 crore.

  • Indowind Energy Q3 net profit at Rs 1.53 cr

    27th January, 2009 07:57

    Indowind Energy has come out with third quarter numbers. Its Q3 net profit was up at Rs 1.53 crore from Rs 1.38 crore.

  • Punj Lloyd Q3 cons net loss at Rs 225.62 cr

    27th January, 2009 07:12

    Punj Lloyd has announced its third quarter numbers. It has posted consolidated net loss of Rs 225.62 crore in Q3 versus net profit of Rs 91.68 crore.

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