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An extra USD 103 trillion of credit is needed over the next decade if global economic growth is to meet consensus forecasts, the World Economic Forum and McKinsey said in a report to be discussed at next week's Davos meeting.
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Shree Nath Commercial has its Board of Directors meeting on January 24, 2011 to consider bonus issue.
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Nagarjuna Construction subsidiary has acquired 55% equity stake of Nelcast Energy.
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Greenply Industries has its Board of Directors meeting on January 31, 2011 to consider warrants into equity shares.
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Transport Corporation has fixed January 20, 2011 as the 'Record Date' for payment of interim dividend.
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Strides Arcolab announces USFDA approval for additional Adenosine Injection USP.
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Opto Circuits has declared its third quarter results of FY11. It has reported consolidated net profit at Rs 95.7 crore as against Rs 77.4 crore, a growth of 23.64% on quarter-on-quarter basis.
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Prabhudas Lilladher is bullish on Rallis India and has recommended buy rating on the stock with a target of Rs 1850, in its January 18, 2011 research report.
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The health of Apple chief executive Steve Jobs was set to overshadow quarterly sales numbers on Tuesday from the consumer electronics powerhouse, whose iPhone and iPad excited holiday shoppers.
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European finance ministers agreed on Tuesday to take their time over beefing up the euro zone's rescue fund and to publish new stress tests on the region's shaky banks in the second half of the year.
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Emkay Global Financial Services is bullish on Tulip Telecom and has recommended buy rating on the stock with a target of Rs 240 in its January 18, 2011 research report.
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Info Edge (India) Ltd plans to spend part of its 4-billion-rupee cash reserve to buy multiple internet businesses and build a portfolio of web properties that could be a significant revenue contributor in five years, its chief executive said.
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Petronet LNG has signed deals to source 1.1 million tonnes of liquefied natural gas (LNG) annually for the next two financial years, the company said in its December-quarter earnings statement.
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The rupee snapped a three-day losing streak on Tuesday boosted by gains in domestic shares, which raised hopes for some foreign fund inflows, while sharp losses in the dollar versus major currencies also helped.
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Citigroup Inc posted a USD 1.3 billion quarterly profit on Tuesday, as the third-largest US bank rounded off a year of recovery from the financial crisis.
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Oil slipped on Tuesday after the International Energy Agency (IEA) said OPEC members had been quietly raising output and the oil producing group insisted the market was already amply supplied.
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Market regulator SEBI has rejected PriceWater (PW) auditors’ plea to stay proceedings and will hear out the matter now on February 5, reports CNBC-TV18.
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Angel Broking is bullish on Tata Consultancy Services (TCS) and has recommended accumulate rating on the stock with a target of Rs 1287 in its January 17, 2011 research report.
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Trade minister Anand Sharma said on Tuesday that monetary policy may not be the right tool to fight high food inflation, signalling strong political opposition to a rate hike the Reserve Bank of India (RBI) is widely expected to vote for next week.
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Angel Broking is bullish on Larsen and Toubro and has recommended buy rating on the stock with a target of Rs 1964 in its January 17, 2011 research report.
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London-based Vedanta Group is likely to soon get Securities and Exchange Board of India (SEBI) nod for the Cairn open offer, reports CNBC-TV18.
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Angel Broking is bullish on Axis Bank and has recommended buy rating on the stock with a target of Rs 1688 in its January 17, 2011 research report.
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Coastal Projects Limited, Hyderabad-based tunnel engineering company with a turnover of over Rs 1,300 crore, has announced that it has acquired 26% stake in SELI (Societa Esecuzione Lavori Idraulici S.p.A), one of the world’s most experienced tunneling contractors based in Italy.
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LIC Housing Finance is to announce its third quarter results. according to CNBC-TV18's estimates, the company's Q3 FY11 NII is seen up 42% at Rs 325.2 crore versus Rs 228 crore, year-on-year, YoY.
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VST Industries has reported a sales turnover of Rs 138.04 crore and a net profit of Rs 26.08 crore for the quarter ended Dec '10
