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Ashok Leyland Q4 net profit seen down 83% at Rs 31.3 cr

14th May, 2009 22:22

Ashok Leyland (ALL) is to announce its Q4FY09 numbers. According to CNBC-TV18 estimates, its net profit is expected to go down 83% at Rs 31.3 crore from Rs 180.5 c
Poll nervousness, profit-booking dragging mkt: Abhay Aima

14th May, 2009 21:22

Abhay Aima of HDFC Securities believes that the rally which we had seen in the past few sessions was fully justified. He says, although the markets ended lower pos
Geojit Financial Q4 net loss of Rs 10.76 cr

14th May, 2009 21:07

Geojit Financial Services has announced its fourth quarter FY09 resuslts. The company's Q4 consolidated revenues were down 35% at Rs 37.5 crore versus Rs 57.7 cror
Dolphin Offshore Q4 PAT up 15% at Rs 13.5 cr

14th May, 2009 20:56

Dolphin Offshore has announced its fourth quarter results. The company�s Q4 revenues were up 1.3% to Rs 119.16 crore versus Rs 117 crore.
FIIs net buy Rs 4085 cr in equities on May 13

14th May, 2009 20:42

On May 13, 2009, foreign institutional investors (FIIs) were net buyers to the tune of Rs 4,085.20 crore in equities. They made gross purchase of Rs 6,033.10 crore
Life insurance industry needs Rs 2600cr in FY10: E&Y

14th May, 2009 20:14

The life insurance industry is expected to need at least Rs 2,600 crore of capital in FY10 to achieve 10-15% growth�so says Ernst & Young. But will insurance compa
Govt revokes foreign collaboration approval of ByCell

14th May, 2009 19:55

The government has revoked foreign collaboration approval of ByCell Telecom India. FIPB had recommended revoking the nod granted earlier to ByCell. This approval w
US markets open higher; Dow up 31 points

14th May, 2009 19:17

At 19.10 hrs (IST)- The US markets opened higher. The Dow Jones Industrial Average was up 31.14 points, or 0.38%, to 8,316.03. The Nasdaq was up 13.52 points, or 0
MCA consults Law Min on SFIO's Satyam findings

14th May, 2009 18:45

It is learnt that the Ministry of Corporate Affairs (MCA) is consulting the Law Ministry on the Serious Fraud Investigation Office (SFIO) findings in the Satyam sc
Baltic Dry Index may not be sustainable ahead

14th May, 2009 17:56

Baltic Dry Index saw good run up in 2009. Today the index has seen good gains. But the current levels of Baltic Dry Index does look like it may not be sustainable
Aurobindo gets approval for Simvastatin Tablets from TGA

14th May, 2009 17:49

Aurobindo Pharma Limited is pleased to announce that its wholly owned subsidiary Aurobindo Pharma Australia Pty Ltd has received yet another approval from the Ther
ArcelorMittal announces $ 2.25 billion bond issue

14th May, 2009 17:44

On 13 May 2009, ArcelorMittal (�the Company� or "the Issuer") completed the pricing of two series of US dollar denominated notes for an aggregate principal amount
Mkts end lower on back of weak US & Asian cues: Nirmal Bang

14th May, 2009 17:40

According to Nirmal Bang's report, the benchmark indices ended lower for the second consecutive on the back of weak US and Asian cues. The Sensex closed 147 points
Rupee has support at 49.30-49.40/$: Commtrendz

14th May, 2009 17:18

According to Commtrendz Research's report on Indian Rupee, immediate supports are at 49.30-49.40 followed by 48.9-49. Immediate resistance falls around 50-50.10 fo
Dow level, not polls, more crucial for mkts: E Mathew

14th May, 2009 17:13

E Mathew, Director, Mathew Easow Fiscal Services bets big on buying on declines, �keeping a stop loss a little low considering that the election results would also

FMCG cos to struggle to maintain mkt share: Study

14th May, 2009 21:32

It's going to be a rocky year for fast-moving consumer goods (FMCG) companies � so says a report by Boston Consulting Group (BCG), which adds that while there migh
FMCG to see cut in spending; apparel, textile at risk: BCG

14th May, 2009 21:20

It's going to be a rocky year for fast-moving consumer goods (FMCG) companies � so says a report by Boston Consulting Group, which adds that while there might not
Congress could tie up with Jayalalithaa: Rajdeep Sardesai

14th May, 2009 21:04

Rajdeep Sardesai, Editor-in-Chief, CNN IBN, said, the Congress could tie up with Jayalalithaa bring Mulayam and Laloo on its side and form a government without the
MFs net buy Rs 393 cr in equities on May 13

14th May, 2009 20:47

On May 13, 2009, Mutual Funds (MFs) were net buyers to the tune of Rs 393.30 crore in equities. They made gross purchase of Rs 772.60 crore and gross sales of Rs 3
I-T Dept sends notice to E&Y in Vodafone tax case

14th May, 2009 20:27

The Vodafone IT department has sent a notice to Ernst & Young (E&Y) seeking a copy of the due diligence report, informed sources said. E&Y is examining the IT depa
Web Special: The Robinhood Tax!

14th May, 2009 20:09

They�re calling it the Robinhood Tax! Britain's 2009 budget has imposed a 50% tax rate on those earning 150,000 pounds and more per year. That 10% hike in tax make
Sell crude between Rs 2879-2884/bbl: Bharath Kumar

14th May, 2009 19:25

Bharath Kumar, GFM (Global financial market) has recommended to sell crude between Rs 2879-2884 per barrel with a stoploss of Rs 2950 per barrel and target of Rs 2
Investors optimistic on possibility of UPA or NDA govt

14th May, 2009 19:15

High volatility but low volumes marked today�s session. The Nifty finally closed down 40 points at around 3,600. Investors and traders remained cautiously optimist
Rupee, bonds end lower

14th May, 2009 18:01

The Indian rupee ended off lows as banks sold dollars for exporters and unwinded long dollar positions. But, dollar demand from banks due to weak shares and dollar
Lupin announces litigation settlement with Wyeth

14th May, 2009 17:52

Pharma Major, Lupin Ltd. announced today that it has settled all ongoing Hatch-Waxman litigation relating to Venlafaxine extended release capsules, Lupin�s generic
Short-, medium-term growth outlook mixed: Subbarao

14th May, 2009 17:45

Dr Duvvuri Subbarai, Governor of the Reserve Bank of India, said the country�s short- and medium-term growth outlook was mixed. �The objective is to restore the ec
Unitech adds 44 lakh shares in open interest

14th May, 2009 17:43

The NSE F&O turnover has fallen by about 20% to about Rs 51,000 crore. Unitech ended up marginally in the positive, added about 44 lakh shares in the open interest
Markets close weak: Sharekhan

14th May, 2009 17:31

According to Sharekhan's report, the Sensex managed to erase 177 points towards the close and ended the session at 11873, down 147 points. The Nifty declined by 42
Stocks added in MSCI India Index rose; Bajaj Auto up 7.5%

14th May, 2009 17:14

Morgan Stanley Capital International Inc (MSCI) has added Idea Cellular, Bajaj Auto and United Phosphorous into its India Index. However, it has removed Essar Oil,
Bajaj Hind�s shareholders approve issue of 1.45 cr warrants

14th May, 2009 17:08

In today�s EGM (Extraordinary General Meeting), Bajaj Hindusthan's shareholders have approved issue of 1.45 crore warrants to the promoters.

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