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Value-added services provider OnMobile today reported 47.68 per cent jump in net profit to Rs 14.06 crore for the quarter ended June 30, 2013.
Here's how small cap stocks open on July 31
The Delhi High Court has upheld broadcaster Star India's exclusive rights to Indian cricket and told mobile operator Idea Cellular and online platforms Onmobile and Crickbuzz to desist from providing ball-by-ball coverage to their customers, reports Pavni Mittal of CNBC-TV18.
OnMobile is providing the platform and services to help launch and manage the pilot phase of the project on m-Governance.
In an interview to CNBC-TV18, Sudarshan Sukhani, s2analytics.com says the immediate target for the Nifty seems to be 6,030-6,040. "We should be buying the Nifty not just for an intraday trade, but for a much longer move," he adds.
Independent Analyst, Ambareesh Baliga picked 13 stocks, which according to him should be on investors' radar next year. He is bullish on all these stocks and recommends buying them.
AstraZeneca Pharma | TD Power Systems | Hubtown | Ind-Swift | Hanung Toys | NMDC | Kingfisher | OnMobile | Mangalore Chemicals | Gulf Oil Corporation | Tata Motors | Dr Reddy's Labs | DB Corp | NALCO and M&M Financial are stocks, which are in the news today.
In CNBC-TV18's popular show Bull's Eye, Aashish Tater, FortuneWizard.com shares trading strategy of the day.
The Indian market has been subdued over the last couple of sessions. In an interview to CNBC-TV18, Sudarshan Sukhani, s2analytics.com says the market is expected to decide its direction now. "So far, this is a small correction. Traders should be positioned to buy this correction today," he adds.
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.
Mobile apps maker OnMobile was in damage control mode as it faced shareholders for the first time since promoter Arvind Rao's alleged attempt to misappropriate funds came to light, CNBC-TV18's Vineetha Athrey reports.
Voltas has target of Rs 130, says Sudarshan Sukhani of s2analytics.com. The stock held on to its Rs 100 supports and since then its doing well in spite of its results. It moved up 15%. It is at Rs 115 and now willing to breakout.
Cipla | Elecon Engg | OnMobile Global | GTL | HOEC | Godfrey Philips | GMDC | IDBI Bank | JP Associates | Deccan Chronicle | 3i Infotech | Godrej Properties | Bharti Airtel | Subros | Lumax | Jay Bharat Maruti | Power Grid and Coal India are stocks, which are in the news today.
OnMobile is trying to put a partial failure of corporate governance behind it. However, the episode has raised questions on what exactly went wrong. CNBC-TV18' Vineetha Athrey spoke to various people within and outside the company to piece it all together.
Here's a poser: Just how often do you hear of stories about sudden career implosions, especially of high-achievers on top of their game, with an incredible track record of academic and professional success, who commit a momentary ethical lapse to find their careers hurtling down a precipice?
The Corporate Affairs Ministry today said it has asked the Registrar of Companies (RoC) to look into the alleged financial irregularities of the mobile value-added services company OnMobile.
CNBC-TV18's Kritika Saxena, quoting sources, reports that stake-holder Argo Global Capital is planning to exit OnMobile. Argo Capital is in talks with a few global telecom companies regarding the sale of its stake.
Talking about Infosys, Tulsian tells CNBC-TV18, "I am expecting the price to fall to about Rs 2,150. If somebody wants to plunge into the stock he should really wait for further fall of about Rs 100 in Infosys. For investors, the right price for entry could be anywhere around Rs 2,100-2,150."
OnMobile can move to Rs 42-43, says SP Tulsian, sptulsian.com.
The government will "definitely look into" the allegations of financial irregularity in mobile value-added services company OnMobile, Corporate Affairs Minister Veerappa Moily today said.
SP Tulsian of sptulsian.com, says that the move of the government to infuse Rs 993 crore in HMT is not a wise decision on the part of the government, as this PSU has not been able to make profits in the last 4-5 years, despite getting revival package at regular intervals.
Shares of telecom value-added service provider OnMobile saw a smart 8% upmove after a weak start as the management denied media reports of misappropriation of funds.
Varun Shipping | Zenith Infotech | Videocon Industries | REC | OnMobile Global | ONGC | Essar Oil and Coal India are stocks, which are in the news today.