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Microlenders move court against Andhra govt move

19th October, 2010 16:47

Microfinance Institutions Network (MFIN), a body of microfinance institutions in India, on Tuesday filed a petition in the Andhra Pradesh High Court against the ne
Bank of America Q3 net loss at USD 7.3 bn

19th October, 2010 16:42

Bank of America has declared its third quarter results. The company's Q3 net loss at USD 7.3 billion. Its revenues were down at USD 26.7 billion versus USD 27.15 b
Camlin Q2 net down, says will perform better in Q3, Q4

19th October, 2010 16:32

Camlin reported net sales of Rs 78.5 crore, up 11% YoY in Q2. However, net profit was down 13% YoY at Rs 88 lakh. In an interview with CNBC-TV18, Dilip Dandekar, C
WTO chief steps into currency row, warns over trade

19th October, 2010 16:23

The head of the World Trade Organization has stepped into an escalating row over currency policies, saying growing disputes about exchange rates could threaten glo
Bull of the day: Auto stock that dashed 57% in 15 days

19th October, 2010 16:19

Kinetic Motor Company added 4.44% or Rs 1.95 to close at Rs 42 on the BSE. It touched an intraday high of Rs 45 and an intraday low of Rs 41.85. Yesterday the shar
Buy Unichem Labs: Emkay Global Financial Services

19th October, 2010 16:10

Emkay Global Financial Services is bullish on Unichem Laboratories and has recommended buy rating on the stock with a target of Rs 670 in its October 18, 2010 rese
BPCL discovers second natural gas reserves at Mozambique

19th October, 2010 16:09

State-owned Bharat Petroleum Corp Ltd (BPCL) has made a second natural gas discovery in a block off Mozambique.
Viom to file for up to $1.5 bn IPO in Q1

19th October, 2010 16:08

Viom Networks, a telecom infrastructure company, is expected to file a draft prospectus for its up to USD 1.5 billion initial public offering in the first quarter
Indiabulls Real Estate a safe bet: Deshmukh

19th October, 2010 16:02

Being a high beta counter, stop loss needs to be kept in Indiabulls Real Estate, around Rs 195-196. It�s a good near-term bet. It�s a complete reversal on the char
Kashyap Pujara neutral on largecap IT stocks

19th October, 2010 15:58

Kashyap Pujara, Executive Director- Fund Manager, Enam Securities is neutral on the largecap IT stocks.
Gujarat govt allots 5 MW power project to Surana Telecom

19th October, 2010 15:56

The government of Gujarat has allocated a 5 megawatt solar power project to Surana Telecom and Power Ltd which will be commissioned within one year. The managing d
Piramal Sunteck wins Airoli tender; plot worth Rs 75 cr

19th October, 2010 15:51

Real estate developer Piramal Sunteck Realty has won a plot tender in Airoli, Navi Mumbai worth Rs 75 crore. Kamal Khetan, CMD of Sunteck Realty, in an interview w
Ingersoll Rand Q2 net profit up at Rs 18.6 cr

19th October, 2010 15:44

Ingersoll Rand has declared its second quarter results. The company's Q2 net profit was up at Rs 18.6 crore versus Rs 10.9 crore.
LIC to launch 3 products, targets 75% growth this fiscal

19th October, 2010 15:42

Market leader Life Insurance Corporation of India is set to launch three products and has a 75-80% growth target this fiscal. "We also aim to maintain a 70% market
Book profit in Tata Steel: Deshmukh

19th October, 2010 15:36

It makes sense to exit and book profits in Tata Steel right now. Probably another Rs 10-15 from hereon is expected from Tata Steel, says Akshata Deshmukh of Networ

JK Cement confident of better show in H2 FY11

19th October, 2010 16:46

In an interview with CNBC-TV18's Ekta Batra and Reema Tendulkar, RG Bagla, group executive president at JK Cement, spoke about the latest happenings in his company
Madras Fert Q2 net loss at Rs 32.5 cr

19th October, 2010 16:34

Madras Fertilizers has declared its second quarter results. The company's Q2 net loss was at Rs 32.5 crore.
Buy NIIT Tech; target of Rs 278: PINC Research

19th October, 2010 16:31

PINC Research is bullish on NIIT Technologies and has recommended buy rating on the stock with a target of Rs 278 in its October 19, 2010 research report.
BP steps up image rebuild by linking pay to safety

19th October, 2010 16:23

BP Chief Executive Bob Dudley has stepped up his battle to rebuild the troubled oil giant's reputation, declaring safety is so core to the group that it would be t
Africa, Brazil offer great scope in oil & gas: Videocon

19th October, 2010 16:11

Videocon Industries has found natural gas in a exploration block in the Rovuma basin of Mozambique. The company is exploring the basin as part of a consortium with
Stick to sales guidance of 4m vehicles for FY11: Bajaj Auto

19th October, 2010 16:09

Bajaj Auto's Q2 net profit was up 69.65% at Rs 682 crore versus Rs 402 crore, year-on-year, YoY. Its net sales were up 49.68% at Rs 4180.90 crore versus Rs 2793.2
SBI's retail bond issue 17.3 times subscribed

19th October, 2010 16:08

State Bank of India's retail bond issue was subscribed 17.3 times and the country's biggest lender intends to close the issue on Wednesday versus earlier scheduled
StanChart hires new India equity corp fin head

19th October, 2010 16:07

Standard Chartered in India has hired Anant Sinha as the head of its equity corporate finance business, two sources with direct knowledge of the situation told Reu
Kashyap Pujara underweight on metal space

19th October, 2010 16:00

Kashyap Pujara, Executive Director- Fund Manager, Enam Securities is underweight on the metal space.
Accel Transmatic, Big Animation to co-produce Shaktimaan

19th October, 2010 15:56

Accel Transmatic will come together with its division Big Animation, to co-produce the popular television programme ''Shaktimaan'' in animation. In an interview wi
Alembic Q2 net profit up at Rs 21.7 cr

19th October, 2010 15:51

Alembic has declared its second quarter results. The company's Q2 net profit was up at Rs 21.7 crore versus Rs 13 crore, year-on-year, YoY.
Hold Nagarjuna Fertilisers and Chemicals: Deshmukh

19th October, 2010 15:49

Hold Nagarjuna Fertilisers and Chemicals, says Akshata Deshmukh of Networth Stock Broking.
Sensex ends below 20K; IT, realty, infra dip

19th October, 2010 15:43

Equity benchmarks ended sharply lower on Tuesday, pulled down by oil & gas exploration, technology, telecom, capital goods, realty, power and FMCG companies' share
Petronet LNG support at Rs 105: Deshmukh

19th October, 2010 15:38

Petronet LNG did well yesterday. There has been a breakout above the recent high of Rs 122. It is likely to do well in time to come. It has a very strong support a
Exit Polaris Software Lab: Deshmukh

19th October, 2010 15:33

If Polaris Software Lab tends to face a lot of supply at Rs 190 one can exit from it, says Akshata Deshmukh of Networth Stock Broking.

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