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Ashok Leyland April sales down 69% at 1750 units

9th May, 2009 22:04

Automobile companies have announced their April sales numbers. Commercial vehicle manufacturer, Ashok Leyland's April total sales declined 69.33% to 1,750 units fr
SBI Q4 NII up 0.86% at Rs 4,841.9 cr

9th May, 2009 16:04

State Bank of India has announced its Q4 FY09 numbers. Its net profit rose 45.59% to Rs 2,742 crore as against Rs 1,883 crore year-on-year. Operating profit for th
Expect negative WPI in coming weeks: India Capital Mkts

9th May, 2009 15:22

According to India Capital Markets' report, the WPI would have been into negative zone if there was no increase in the said items. The research firm still expects
Is the new Audi Q5 just a downsized version of Q7?

9th May, 2009 14:27

Of the three big German auto makers Audi was the last to enter India. But it has been working doubling hard to catch up with its rivals. After the successful launc
Hold JSW Steel, target of Rs 454: KRChoksey

9th May, 2009 14:16

KRChoksey has recommended a hold rating on JSW Steel with a target price of Rs 454. JSW Steel Q4FY09 reported revenue of Rs 3719.4 crore, up 12% q-o-q but a declin
Best Dow, S&P returns were during recession: Warren Buffet

9th May, 2009 14:15

Warren Buffet, Chairman and CEO, Berkshire Hathaway, said the best returns of Dow, S&P were during recession. �The best year the Dow and the S&P has ever had in my
Accumulate Union Bank, target of Rs 186: Angel Broking

9th May, 2009 14:09

Angel Broking has maintained its accumulate rating on Union Bank of India with a price target of Rs 186. For 4QFY2009 Union Bank of India (UBI) registered robust b
Strike at Hyundai Motors called off

9th May, 2009 13:52

There is some relief for the Hyundai Motors management as the staff finally decided to call off their strike on Thursday with negotiations put on hold till May 20.
Sell JSW Steel, target of Rs 287: Angel Broking

9th May, 2009 13:30

Angel Broking has recommended a sell rating on JSW Steel with a target price of Rs 287. For 4QFY2009, JSW Steel posted a decline of 7.4% yoy in its standalone topl
Poll results this week; how will mkts, bonds, metals trade?

9th May, 2009 13:10

It�s a big week ahead and over the next five days people will decide whether they want to go into the election results light or heavy. Udayan Mukerjee, Managing Ed
Hold Alstom Projects, target of Rs 360: Bonanza

9th May, 2009 12:59

Bonanza has recommended a hold rating on Alstom Projects with a price target of Rs 360. Alstom Projects Indian has delivered good results in FY09.
Accumulate Phillips Carbon, target of Rs 76: P Lilladher

9th May, 2009 12:51

Prabhudas Lilladher has maintained its accumulate rating on Phillips Carbon with a price target of Rs 76. The company is setting up 90,000tpa carbon black facility
US markets end week on positive note

9th May, 2009 12:38

Stocks ending the week on a positive note, the Dow picked up 165 points, the Nasdaq gained 23 and the S&P-500 was up 22 points. The labour department reports US em
Captain Gopinath to sell 24% in logistics venture

9th May, 2009 12:21

The pioneer of low cost flying in India, Captain Gopinath has launched the first Indian-owned cargo freighter called Deccan Express Logistics. The initial investme
Corus may shut down UK plant due to contract termination

9th May, 2009 12:07

Tata Corus may have to steel itself for some tough times. Corus' Teesside plant may have to be shut down, as nearly 70% of its off-take agreements are with four in

Advances up 29.8% in FY09; NPAs under control: SBI

9th May, 2009 16:19

State Bank of India's Q4 FY09 net profit rose 45.59% to Rs 2,742 crore as against Rs 1,883 crore year-on-year. Operating profit for the period under review has com
Peninsula Land Q4 net profit up 45.35% at Rs 35.96 cr

9th May, 2009 15:48

Peninsula Land has announced its Q4FY09 numbers. Its net profit went up 45.35% to Rs 35.96 crore from Rs 24.74 crore, YoY (CNBC-TV18 estimated at Rs 33.7 crore).
SBI Q4 net profit up 45.6% at Rs 2,742cr

9th May, 2009 14:39

State Bank of India has posted a net profit of Rs 2,742 crore in Q4 FY09 as against Rs 1,883 crore year-on-year. Operating profit for the period under review has c
Slowdown blues: Corporates turn to civil services

9th May, 2009 14:26

With rising uncertainty over jobs in the corporate sector, civil service seems to be finding favour among job seekers. Hyderabad-based civil services coaching cent
Now, houses for Rs 5 lakh in Bangalore

9th May, 2009 14:16

From the pioneer of low-cost flying to low-cost housing, you may soon be able to buy an apartment in Bangalore for just Rs 5 lakh. All thanks to Bangalore-based CS
Omaxe Q4 cons net profit seen down 95.65% at Rs 4.65 cr

9th May, 2009 14:11

Omaxe is to announce its Q4FY09 numbers. According to CNBC-TV18 estimates, its consolidated net profit is expected to go down 95.65% to Rs 4.65 crore from Rs 107.0
Will Bharati Shipyard make an open offer to Great Offshore?

9th May, 2009 13:56

Sandeep Parekh, Visiting Associate Faculty, IIM-A said there is 49% chance to make an open offer. However, PC Kapoor, MD, Bharati Shipyard, said they have checked
Accumulate KEC International: Prabhudas Lilladher

9th May, 2009 13:45

Prabhudas Lilladher has maintained its accumulate rating on KEC International. A strong order book of Rs 51.6 billion (executable over 18 months), coupled with str
Rupee may move towards 48.7-48.8/$: Commtrendz

9th May, 2009 13:20

According to Commtrendz Research's report on Indian Rupee, for the week-favored view is expect corrective rallies to find resistance towards 49.8-49.90 and fall lo
SKP Securities bullish on Hanung Toys

9th May, 2009 13:09

SKP Securities continue to be bullish about Hanung Toys and Textiles�s future prospects as it is the only organized player in the stuffed toys segment in India. Ne
Accumulate ABG Shipyard: Prabhudas Lilladher

9th May, 2009 12:54

Prabhudas Lilladher has maintained its accumulate rating on ABG Shipyard. ABG Shipyard has not witnessed any order book accretion in the last one year. However, th
Why is IPL's least performing team the most booming brand?

9th May, 2009 12:45

On Storyboard - make sense of why - IPL's least successful team is its most successful brand. For Star TV there's life beyond Star Plus and after the group Godrej
Circuit filters change on BSE

9th May, 2009 12:24

The circuit filters has been changed from their existing levels in Precision Wires India, ORG Informatics, HBL Power Systems, Odyssey Technologies and CCL Products
Demystifying the New Pension Scheme

9th May, 2009 12:14

For the first time now we can actually participate in a pension system. We have had pension policies from life insurance companies and we�ve had pension plans from
Yacht was never intended to be imported into India: ADAG

9th May, 2009 12:00

The Anil Dhirubhai Ambani Group (ADAG) filed a rejoinder today at the Bombay High Court in response to allegations of yacht smuggling by the Customs Department. Fi

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