Angel Broking is bullish on Apollo Tyres and has recommended accumulate rating on the stock with a target price of Rs 97 in its February 06, 2013 research report.
Sundaram Finance at its meeting held on February 08, 2013, has declared an Interim Dividend of Rs 4.50 per share (45%) for the financial year 2012-13 on the paid-up capital of Rs 11,11,03,860 equity shares of Rs 10 each.
The RBI is expected to issue new bank licence guidelines "very soon", deputy governor Anand Sinha said on Friday.
Eros International Media board meeting will be held on February 12, 2013 for considering and approving the Unaudited Financial Results of the Company for the quarter and nine months ended December 31, 2012 and also consider declaration of interim dividend for the financial year ending March 31, 2013.
City Union Bank's third quarter net profit rose by 18 percent year-on-year to Rs 85.2 crore despite increase in non-performing assets.
Sohini Mitter reports the Film Producers who reaped it in at the box office.
Venus Remedies' net profit grew by 55 percent year-on-year to Rs 16 crore in the third quarter of financial year 2012-13, sending shares 15 percent (intraday) higher on Friday.
Mcnally Bharat Engineering Company has received an order for Civil & Structural Works for a Refinery Project for a value of Rs 171.84 crore. The contractual completion period is within 20 months.
VTM board meeting will be held on February 14, 2013 to record the Circular Resolutions of the Share Transfer Demat and Shareholder’s Grievances Committee, to peruse and sign the Register maintained under Section 301 of the Companies Act 1956 and to consider declaration of interim dividend on equity shares, for the year 2012-13.
Alok Industries at its meeting held on February 07, 2013 approved, the issue price of the rights issue to be at par i.e. Rs 10 per equity share and the ratio of the rights entitlement will be 2:3 i.e. two equity shares for the every three equity shares held by the shareholders.
According to a CNBC-TV18 poll, the Aditya Birla Group company is expected to witness 10.1%, quarter-on-quarter jump in sales to Rs 6730 on higher metal prices which will be partly offset by a stronger Rupee. Profit too is expected to rise 10.7% to Rs 394 crore on higher realization on strong aluminium prices on the London Metal Exchange (LME)
Nirmal Bang has come out with its report on currency. According to the research firm, The USDINR pair is expected to trade in a range of 53.50-53.85.
Jindal Drilling's third quarter net profit jumped by 2.7 times year-on-year to Rs 16.4 crore, sending shares 7 percent higher intraday.
At 11:29 hrs MCX SILVER May contract was trading at Rs 59571 up Rs 165, or 0.28%. The SILVER rate touched an intraday high of Rs 59575 and an intraday low of Rs 59465. So far 185 contracts have been traded. SILVER prices have moved down Rs 5930, or 9.05% in the May series so far.
At 11:22 hrs MCX GOLDPETAL April contract was trading at Rs 3102 up Rs 2, or 0.06%. The GOLDPETAL rate touched an intraday high of Rs 3104 and an intraday low of Rs 3102. So far 41 contracts have been traded. GOLDPETAL prices have moved up Rs 12, or 0.39% in the April series so far.
The worst is probably over for flagging Indian factories but production was likely subdued in December as global demand remained weak, a Reuters poll showed.
BANGLADESH-FERRY-TRAGEDY:Dozens missing as Bangladesh ferry sinks
Mr. Ratan N. Tata has stepped down as a Director of Bombay Dyeing & Manufacturing Company. Mr.Tata had a long association of over 33 years as a Director with the company.
Capital First approved a proposed issue of Secured Redeemable Non-Convertible Debentures (NCDs) in one or more tranches, for an aggregate amount upto Rs 450 crore and Unsecured Redeemable Non-Convertible Subordinated Debentures in one or more tranches, for a aggregate amount upto Rs 100 crore to be issued on Private placement basis.
UP Govt transfers 16 IPS officers
Mumbai-based businesswoman held
Fresh summons against Cong MP in kidnapping and rape case
Angel Commodities has come out with its report on Sugar. According to the research firm, Sugar Futures are expected to correct on account of higher supplies and weak demand in the domestic.
47 percent of surveyed enterprises list internal clouds among top projects in 2013; potential cost-savings of public cloud still met with scepticism.
Brent futures rose towards $118 per barrel on Friday, heading for a fourth weekly gain as robust trade data from China bolstered the outlook for demand, while escalating tensions in the Middle East stoked concerns over supply.