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Dr Reddy's may launch three new drugs in US next fiscal
Pharma major Dr Reddy's Laboratories (DRL) may launch three new drugs, which have been successfully come out of legal tangle, in the next fiscal in the USA market.
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Euro debt concerns weigh on world stocks; oil steady
Concerns about the euro zone debt crisis weighed on world stocks and lifted Portugal's yields to a new euro-era peak on Wednesday, while crude oil held steady off highs following reassurances on supply from OPEC states.
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Buy or sell: Has Hotel Leela stock run out of steam?
Shares in Hotel Leela venture has risen nearly 10% in March after its plan to raise funds through land sale and equity dilution to cut debt, but analysts say the stock is poised to gain another 10%.
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Stanchart PE invests Rs 85 cr in Privi Organics
Standard Chartered Mid-Market Mid-Cap Fund has invested Rs 85 crore in Privi Organics, a Mumbai-based manufacturer, supplier and exporter of aroma chemicals, sources close to the development said.
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Bull of the day: Stock that surged 32% in 3 days
Tata Coffee touched a 52-week high of Rs 798 on the BSE. It touched an intraday high of Rs 798 and an intraday low of Rs 680. It closed up 13.02% or Rs 87.50 at Rs 759.40.
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Scheduled Banks' Statement of Position in India as on Friday, February 25, 2011
Scheduled Banks' Statement of Position in India as on Friday, February 25, 2011
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Dull Nifty shuts shop on flat note; RCom up 10%
Indian equity benchmarks were quite rangebound in trade on Wednesday on lack of global cues. It seems that the market has factored in all positive cues like political certainty and cooling off crude oil prices.
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91 days Treasury Bills : Auction Result
91 days Treasury Bills : Auction Result
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Tulsian retains Reliance Industries target of Rs 1050
Reliance Industries has target of Rs 1050, says SP Tulsian, sptulsian.com.
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CRISIL assigns grade 4/5 to Muthoot Finance IPO
CRISIL Equities has assigned a grade of 4/5 to the proposed initial public offer (IPO) of Muthoot Finance, which indicates that the fundamentals of the IPO are above average relative to other listed equity securities in India, according to research report dated March 9.
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Corporation Bank sees margin squeeze in H1FY12
State-run Corporation Bank expects squeeze on its margins in the first half of FY12 due to higher cost of funds and advances to grow by a quarter in the year, a top official told Reuters on Wednesday.
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Mundra Port slips nearly 2%
Mundra Port and Special Economic Zone has touched an intraday high of Rs 136.60 and an intraday low of Rs 129.80.
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Citi cuts Hero Honda to 'sell' from 'hold'
Citigroup on Wednesday downgraded Hero Honda to "sell" from "hold," citing execution risks relating to product development and branding for the company in the medium term.
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January industrial output growth seen at 2.9%
India's industrial output probably rose to 2.9% in January from a year earlier, on higher exports and improved manufacturing sector growth, a median forecast in a Reuters poll showed.
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Reliance Capital makes smart gains
Reliance Capital touched an intraday high of Rs 505.80 and an intraday low of Rs 487.85. At 14:58 hrs the share was quoting at Rs 504.80, up Rs 19.90, or 4.10%.
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Expect 5-7% upside in OBC: Kulkarni
Expect 5-7% upside in Oriental Bank of Commerce (OBC), says Shardul Kulkarni of Angel Broking.
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364 days Treasury Bills : Auction Result
364 days Treasury Bills : Auction Result
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Aptech appoints Pravir Arora as EVP-Enterprise Business
IT training services provider Aptech Ltd today announced the appointment of Pravir Arora as Executive Vice-President for Enterprise Business.
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Dhanlaxmi Bank raises base rate by 50 bps
Private-sector lender Dhanlaxmi Bank said on Wednesday it has raised its base rate by 50 basis points to 8.75%, effective March 10.
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EADS restores dividend, sees stable profit in 2011
European aerospace group EADS forecast higher revenue and stable core operating profit as it boosts development spending this year, after bouncing back to profit with a record cash pile in 2010.
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Nomura's commodity business restructuring will lead job cut
Nomura Holdings Inc, Japan's largest brokerage, is restructuring its global commodities and energy-trading businesses, which will lead to some job losses, particularly in the energy segment in Asia, two company sources said on Wednesday.
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FDI in India plunges 48% in Jan; Apr-Jan dip by 25%
With economic recovery in the rich countries, especially European nations, remaining fragile, FDI inflows to India plunged by 48% to USD 1.04 billion in January over the same period last year.
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Shree Nath Comm to consider allotment of bonus shares in ratio of 1:1
Shree Nath Comm has its Board of Directors meeting on March 18, 2011 for allotment of bonus shares in the ratio of 1:1.
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Orient Abrasives declares interim dividend at Re 1 per share
Orient Abrasives at its meeting held on March 09, 2011 has declared interim dividend at Re 1 i:e 100% per equity share of Re 1 each.
