News from other websites on Nii
SoftBank raises offer for Sprint Nextel to $21.6 billion
Jun 11, 2013 at 15:47 | Source: DomainB
Japanese mobile operator SoftBank Corp yesterday raised its offer for US wireless carrier Sprint Nextel Corp to $21.6 billion in order in response to a counter bid from US satellite-TV provider Dish Network Corp. Under the terms of the revised offer...
BSE Sensex up for 3rd day; Coal India, Hero Moto, RIL shine
May 28, 2013 at 17:52 | Source: DomainB
Key equity benchmarks surged in the late afternoon trade to extend its rally for three consecutive sessions after big rout last week. The news of monsoon expected to hit India in the next 3-4 days helped lift the sentiment considering agriculture co...
Brokers' Call: Wockhardt, SBI and Apollo
May 28, 2013 at 14:13 | Source: Economic Times
50% of incremental loans when outstanding stress loans there are high at 15.6% and 10.5%. Although SBI trades near average valuation: FY14E PABV of 1.6x, RoA is below average and stress levels significantly higher at 8%. It believes FY14 will be a to...
Bad loans surge: Why SBI stock crashed to 7-month low post Q4 earnings
May 24, 2013 at 08:58 | Source: FirstPost
Even though State Bank of India reported a recovery in its asset performance in the fourth quarter of the current fiscal, the bank's net profit dropped 19 percent year-on-year to Rs 3,300 crore as net interest incomeslipped more than 5 percent y-o-y...
Why SBI stock fell most in 7 months post earnings announcement
May 23, 2013 at 14:22 | Source: FirstPost
Even though State Bank of India reported a recovery in its asset performance in the fourth quarter of the current fiscal, the bank's net profit dropped 19 percent year-on-year to Rs 3,300 crore as net interest incomeslipped more than 5 percent y-o-y...
SBI's Q4 profit falls to Rs 3299 cr, disappoints market
May 23, 2013 at 13:41 | Source: FirstPost
State Bank of India, the country's largest lender, posted its first quarterly net profit drop in two years, missing market estimates after being dragged down by lower interest income and higher provisions for loan losses.The state-run bank posted a n...
BSE Sensex closes slightly up; bulls pause for a breather
May 17, 2013 at 13:47 | Source: DomainB
Shares crawled higher Thursday, as investors trade cautiously with benchmark indices quoting at their highest levels in nearly two-and-a-half years. Buyers shifted attention to mid-cap shares, as these are now beginning to look attractive relative t...
Bajaj Finance Q4 net profit jumps 52% to Rs 164 cr on core income growth
May 15, 2013 at 20:41 | Source: Financial Express
Mumbai, May 15 (PTI) Non-banking finance company (NBFC) Bajaj Finance today reported a 52 per cent rise in net profit to Rs 164 crore for the March quarter boosted by sound growth in disbursements and core income growth. Net income of the Pune-based...
Bajaj Fin Q4 net jumps 52% to Rs 164 crore
May 15, 2013 at 18:27 | Source: FirstPost
Mumbai: Non-banking finance company (NBFC) Bajaj Finance today reported a 52 per cent rise in net profit to Rs 164 crore for the March quarter boosted by sound growth in disbursements and core income growth.Net income of the Pune-based company stood ...
Sensex plunges 450 points as dollar firms up; ITC leads FMCG slide
May 14, 2013 at 05:47 | Source: DomainB
Key equity benchmarks plunged 2 percent Monday, the biggest single day fall in more than a year, with brokers attributing the crash to profit taking after the recent run up. Signs of a recovery in the US economy also made investors jittery as they f...
Sensex plunges 450 as dollar firms up; ITC leads FMCG slide
May 13, 2013 at 19:22 | Source: DomainB
Key equity benchmarks plunged 2 percent Monday, the biggest single day fall in more than a year, with brokers attributing the crash to profit taking after the recent run up. Signs of a recovery in the US economy also made investors jittery as they f...
Dena Bank Q4 net profit down at Rs 125 cr
May 11, 2013 at 21:26 | Source: The Hindu BusinessLine
Mumbai, May 11: Public sector lender Dena Bank on Saturday reported a massive 50.7 per cent decline in net profit to Rs 125.7 crore in the fourth quarter of last fiscal in the wake of higher provisions.Total income during the quarter rose 17.24 per ...
Sensex snaps 3-day winning streak on profit booking
May 10, 2013 at 00:42 | Source: DomainB
Key equity benchmarks snap three-day wining streak Thursday on profit booking in blue chip stocks. The Sensex closed at 19939, down 51 points and the Nifty closed at 6050, down 19 points. The breadth of the market was negative. About 1075 shares adv...
State Bank of Hyderabad Q4 net profit down 21%
May 09, 2013 at 03:12 | Source: Financial Express
City-based public lender State Bank of Hyderabad today reported 21 per cent decline its net profit at Rs 380 crore for quarter ended March 31, 2013, on account of higher provisioning towards non-performing assets (NPAs). The bank had recorded Rs 481...
Sensex reclaims 20,000; HDFC, ITC, Hindalco advance
May 08, 2013 at 16:31 | Source: Economic Times
MUMBAI: The S&P BSE Sensex on Wednesday crossed the psychologically-important 20,000 mark for the first time since January 30, 2013 led by value buying in FMCG, banks, and pharmaceuticals heavyweights by foreign institutional investors on expectatio...
Sensex rangebound; HDFC, ITC, Tata Motors up
May 08, 2013 at 15:21 | Source: Economic Times
MUMBAI: The S&P BSE Sensex was moving in a narrow range on Wednesday with positive bias mirroring gains in other global markets. The market has run out of steam after the recent rally and the analysts say the trend is likely to remain sideways in th...
HDFC rallies on expectations of better than expected Q4 results
May 08, 2013 at 12:31 | Source: Economic Times
NEW DELHI: Housing Development Finance Corporation Limited ( HDFC Ltd) rallied over 2 per cent in trade on Wednesday on expectations of better than expected results. At 10:40 am, HDFC was trading 1.8 per cent higher at Rs 868.10. It has hit a low of...
Nifty ends close to 6000 ahead of RBI credit policy
May 02, 2013 at 21:42 | Source: DomainB
Benchmark indices continued to be on a roll Thursday, with the 50-share Nifty topping the psychological 6000-mark. The Sensex ended the day at 19735.77, up 231.59 points and the Nifty gained 69.15 points to close at 5999.35. Technology stocks led th...
Syndicate Bank profit jumps 91.42%
May 02, 2013 at 21:31 | Source: The Hindu BusinessLine
Bangalore, May 2: Syndicate Bank profits shot up 91.42 per cent to Rs 592.34 crore for the fourth quarter of 2012-13, compared with Rs 309.43 crore posted in the same period the previous year. The bank’s total income for Q4 is up 8.05 per cent...
Shedding bulk business pushes Canara Bank Q4 net down 12.5%
May 02, 2013 at 21:31 | Source: The Hindu BusinessLine
Bangalore, May 2: Canara Bank profits declined by 12.5 per cent to Rs 725.38 crore for the fourth quarter (Q4) 2012-13, compared with the previous year's fourth quarter. However, the bank’s total income for Q4 is up 4.81 per cent to Rs 9,471.5...
From DJ EU Officials Spain Aid Cap Of 100 Bn Euros 'should Be Enough'
