Mahindra & Mahindra Financial declares dividend at Rs 10 per share
Mahindra & Mahindra Financial at its meeting held on April 25, 2011 has declared at Rs 10 per share of Rs 10 each for FY- March 31, 2011.
Rupee ends off lows, euro's rise against dollar aids
The rupee weakened on Tuesday as dollar demand from oil importers and negative shares weighed, but it ended off the day's low tracking the euro's gains against the greenback.
Egypt's most hated and feared man goes on trial
Egypt's former interior minister Habib al-Adly on Tuesday became the first of the close aides of ousted president Hosni Mubarak to be put on trial accused of ordering firing on demonstrators during protests that toppled his former boss.
Petition in SC seeking ban on Endosulfan
A petition has been moved in the Supereme Court seeking a ban on sale and production of the pesticide Endosulfan across the country.
Petronet LNG Q4 net profit up at Rs 206 cr
Petronet LNG has declared its fourth quarter results. The company's Q4 net profit was up at Rs 206 crore versus Rs 97.3 crore.
Ambuja Cem Q1 net profit down 12% at Rs 408 cr
Ambuja Cements has announced its first quarter results. The company's Q1 net sales were up 11% at Rs 2,207 crore versus Rs 1,990.1 crore, year-on-year, YoY.
Tata Teleservices swings to profit in FY11
Telecom services provider Tata Teleservices (Maharashtra) (TTML) said on Tuesday it swung to profit in the year-ended March 31, boosted by a one-time gain from sale of investment in its tower unit.
Oil turns positive ahead of the Fed meeting
Oil bounced from earlier losses on Tuesday on low trading volumes as some investors took advantage of the dip to buy, though gains were limited ahead of a closely watched US Federal Reserve policy meeting.
Rediff.com launches coupon-based on-line shopping product
Nasdaq-listed Rediff.com on Tuesday launched a coupon-based on-line shopping product which works like newspaper classifieds, giving users localised ad content about merchants offering discounted rates.
RBS appoints Devesh Kumar as Head of Equities, India
The Royal Bank of Scotland Group (RBS) on Tuesday announced the appointment of Devesh Kumar as Head of Equities, India, in a further move to grow the equities business in the country and the region.
Orissa achieves 8.66 mtpa steel production by March 2011
Though mega steel projects like Posco and ArcelorMittal were yet to take off due to different problems, Orissa had achieved 8.66 mtpa steel production at an investment of Rs 56,090 crore in the private sector by March, 2011, official sources said on Tuesday.
High rates could cool loan growth, ease inflation worries
The Reserve Bank of India may get some respite in its battle against inflation in the current financial year with bankers forecasting a lower credit growth on rising interest rates.
Delhi HC to resume 2G trial bail hearing on April 29
Delhi High Court said on Tuesday it will resume on April 29 a hearing for bail applications of five business executives charged by the CBI in the multi-billion dollar telecoms licensing scandal.
Facebook, YouTube new battlegrounds in Singapore elections
The odds are always stacked against opposition candidates in Singapore elections and for Nicole Seah, a political novice contesting in the backyard of a popular former prime minister, they should be overwhelming.
LG eyes to improve market share in home entertainment seg
Buoyed by surging income levels in the country, Korean consumer durables manufacturer, LG Electronics, is eyeing a 32% market share in home entertainment products and Rs 20,000-crore revenue (from India) by end-this year.
Russia will propose new nuclear plan at G8: Medvedev
On the 25th anniversary of the Chernobyl nuclear disaster, Russian President Dmitry Medvedev on Tuesday announced that he will propose a plan to introduce tighter safety regime at the world's atomic power plants at the next month's G-8 Summit.
Indian interest at royal wedding
The much awaited royal wedding of Prince William and Kate Middleton is generating interest in India with various hotels, honeymoon travel agencies, airlines, television channels and cafes gearing up for the event on April 29.
Can GVK pull-off a jumbo coal mine buy?
The GVK group, promoters of GVK Power and Infrastructure that constructs power plants and airports, is in focus as analysts and investors weigh pros and cons on the company's probable buy of two Australian coal mines from Hancock Prospecting.
Innoventive Ind IPO opens; should you subscribe?
The Rs 219.58 crore initial public offering of Pune-based multiproduct engineering company Innoventive Industries (IIL) opened for subscription. The price band of the issue is fixed between Rs 117 to Rs 120/share.
PFC follow-on offer to start on May 10: Sources
Follow-on public offer of state-run lender Power Finance Corporation (PFC) will open for subscription during May 10-13, reports CNBC-TV18 quoting sources.
Exide Industries Q4 PAT up 6.5% at Rs 132 cr
Country's biggest storage battery producing company Exide Industries is set to report fourth quarter profit after tax of Rs 132 crore, growth of 1.9% as compared to Rs 134.5 crore in same quarter the previous year and 6.5% growth compared to Rs 124.4 crore in December quarter 2010, according to CNBC-TV18 poll.
Dabur India Q4 PAT seen up 5% at Rs 140cr
Dabur India is to announce its fourth quarter results. According to CNBC-TV18's estimates, the company's Q4FY11 net sales are seen up 19.6% at Rs 1015 crore versus Rs 848 crore.
Wipro Q4 PAT seen up 4% at Rs 1367 cr
Wipro is to announce its fourth quarter results. According to CNBC-TV18's estimates, the company's net sales are seen up 5.12% at Rs 8230 crore versus Rs 7829.3 crore.
Court allows 8-day police custody of Kalmadi
A court on Tuesday granted police eight days custody of Suresh Kalmadi, the former Commonwealth Games (CWG) Organising Committee chairman, a day after his arrest on charges of criminal conspiracy.
