News from other websites on Mahindra
Are mkts settling down? Nifty opens flat; Ranbaxy top loser
May 21, 2013 at 09:32 | Source: FirstPost
The market seems to be settling down after a run of sorts in recent times. The Indian markets opened absolutely flat this morning, with the Sensex and Nifty up 0.15 percent at 20255 and 6166, respectively.Indian shares took a breather and closed marg...
BSE Sensex, Nifty end lower; pharma stocks take hit
May 21, 2013 at 06:22 | Source: DomainB
Indian shares took a breather on Monday and closed marginally in red on profit booking after hitting fresh 2.5 year highs. Pharma companies dragged key equity benchmarks lower while major auto stocks ended in green. The Sensex closed at 20223.98, do...
For telcos, data tsunami equals streams of revenue
May 21, 2013 at 06:20 | Source: DNA India
Recent results of telecom companies have shown a marginal rise in average revenue per user (Arpus) and consolidated toplines. Telcos have attributed this to some active subscriber gain (after three months of weeding out inactive subscribers), discon...
Mahindra gains on earnings hopes of Korea unit
May 21, 2013 at 05:30 | Source: FirstPost
Reuters Market Eye - Shares in Mahindra and Mahindra Ltd(MAHM.NS) gain 3.8 percent, after stocks of its subsidiary Ssangyong Motor Co Ltd (003620.KS) hit a 16-month high, dealers say.Shares in Ssangyong Motor jumped as much as 13.5 percent on Monday ...
BSE Sensex falls from near 2-1/2 year high; banks hit
May 21, 2013 at 02:30 | Source: FirstPost
MUMBAI (Reuters) - The BSE Sensex snapped a four-day winning streak on Monday, retreating from near 2-1/2-year highs as investors booked profits in rate-sensitive stocks such as ICICI Bank, while drugmakers were hit by worries about the country's new...
M M climbs to new peak on hopes of Ssangyong Motor turnaround
May 20, 2013 at 22:37 | Source: The Hindu BusinessLine
Mumbai, May 20: Shares of Mahindra and Mahindra surged to an all-time high on Monday after the scrip of its South Korean subsidiary Ssangyong Motor Co jumped on the back of expectations of a turnaround. On Monday, the shares of M M ended 1.83 per ce...
Aspect Software names Tech Mahindra channel partner for Asia, Africa,
May 20, 2013 at 18:37 | Source: The Hindu BusinessLine
Mumbai, May 20: Aspect Software has selected telecom solutions company Tech Mahindra to be its channel partner for Asia, West Asia and Africa. Through this partnership Tech Mahindra will promote Aspect’s portfolio of customer interaction manag...
ACE re-launches futures trading in guar seed, guar gum
May 20, 2013 at 18:37 | Source: The Hindu BusinessLine
Mumbai, May 20: Ace Derivatives and Commodity Exchange Ltd (ACE), a Kotak Mahindra Group anchored commodity exchange, announced commencement of futures trading in guar seed and guar gum effective from Monday.Last week, Commodity exchanges Multi-Comm...
May 20, 2013 at 17:17 | Source: Financial Express
Three months after the guidelines for new bank licences were released, Mint Road is still waiting for the first applicant even as the July 1 deadline draws near. �Not a single application has been received yet. Everyone must be brushing up their a...
M&M jumps 4% as Ssangyong hits 16-month high
May 20, 2013 at 14:00 | Source: NDTV Profit
Shares in Mahindra and Mahindra gained 3.8 per cent, after stocks of its subsidiary Ssangyong Motor Co hit a 16-month high, dealers say. Shares in Ssangyong Motor jumped as much as 13.5 per cent on Monday amid expectations the ailing automaker may ...
Sensex scales above 20,400; auto, oil gas, metals, realty gain
May 20, 2013 at 13:17 | Source: Economic Times
MUMBAI: The S&P BSE Sensex maintained its upward journey after a massive run-up last week as FIIs continued to pump in dollars on hopes of improvement in macroeconomic situation with softening of crude oil and gold prices and easing inflation. Posit...
Mahindra Mahindra gains on earnings hopes of Korea unit
May 20, 2013 at 13:17 | Source: Economic Times
Shares in Ssangyong Motor jumped as much as 13.5 per cent on Monday amid expectations the ailing automaker may post a profit this year. Ssangyong Motor's factory utilisation and sales were growing faster than expected, and the company was seen retur...
Are stingy dividend payouts likely to persist?
May 20, 2013 at 12:52 | Source: Economic Times
If you are among those equity investors who invest for a regular dividend income, chances are that your cash flow has slowed down recently. India Inc has become somewhat stingy with its dividend payouts to shareholders over the past few years. The ec...
I was close-minded about TV: Abhay Deol (Interview)
May 19, 2013 at 02:15 | Source: FirstPost
Mumbai, May 18 (IANS) He admits to having been closed to doing anything on TV, but never say no is the mantra for actor Abhay Deol, who carved a niche for himself with 'zara hatke' roles in films like "Dev D". He will now be seen on the sma...
Electric vehicles makers hit subsidy hurdle
May 19, 2013 at 00:16 | Source: The Hindu BusinessLine
New Delhi, May 18: The Government’s delay in announcing subsidy schemes for electric vehicles has led many companies to either close shop or cut back operations. Despite the Government’s announcement of the National Electric Mobility Mis...
Jain Irrigation in tie-up with SBI for rural lending
May 18, 2013 at 17:37 | Source: The Hindu BusinessLine
Mumbai, May 18: Jain Irrigation Systems, which is engaged in the manufacture of micro irrigation systems and tissue culture plants, has entered into a national level tie-up with State Bank of India (SBI), for rural lending.The tie-up will help farme...
Deccan forensic audit hits a dead end
May 18, 2013 at 10:25 | Source: DNA India
Canara Bank, which has been trying to get to the truth behind Deccan Chronicle Holdings Limited s (DCHL) financial woes, seems to have reached a dead end. Its forensic audit of DCHL s accounts has led it nowhere. It is now seeking a deeper probe. Th...
Time for reflection, quiet appreciation on Mahindra Satyam: Anand Mahindra
May 18, 2013 at 01:37 | Source: Financial Express
Expressing happiness over the performance of Mahindra Satyam, Mahindra Group chief Anand Mahindra today said it is time for "reflection and quiet appreciation" rather than noisy celebration. His comments come a day after Mahindra Satyam declared the...
Canara Bank audit finds lapses in DCHL books
May 18, 2013 at 00:17 | Source: The Hindu BusinessLine
Hyderabad, May 17: An audit of the books of Deccan Chronicle Holdings Ltd (DCHL) showed many irregularities, R. K. Dubey, Chairman and Managing Director, Canara Bank, said. Canara Bank, which had an exposure of Rs 360 crore to DCHL, had conducted &#...
'We're back on track', says Satyam; declares 30% dividend
May 18, 2013 at 00:17 | Source: DomainB
Four years after Tech Mahindra, a part of the Mahindra Group, took over the scam-shattered Satyam Computer Services in a government-run auction, the management of Mahindra Satyam, as it is now called, feels it has reached its turnaround goals. Despi...
From DJ EU Officials Spain Aid Cap Of 100 Bn Euros 'should Be Enough'
