Disney's Magic Kingdom comes to the Middle Kingdom
Walt Disney Co broke ground on its long-awaited Shanghai Disneyland theme park in China's financial hub on Friday, banking on new attactions to draw millions of visitors and boost its profits in the region.
CITIGROUP GLOBAL sells 2.60 lakh shares of Zenith Computers
On April 7, 2011 CITIGROUP GLOBAL MARKETS MAURITIUS PRIVATE LIMITED sold 260,150 shares of Zenith Computers at Rs 24.50 on the BSE and sold 288,667 shares at Rs 24.56 on the NSE.
Nifty tests 5850 on profit booking, rising oil prices
The benchmark Nifty was seeing sideways trade for the fourth consecutive session though it touched 5850 level on the back of profit booking at 10:33 hours.
Tecpro Systems receives Rs 223.8 crore orders
Tecpro Systems has received orders worth Rs 223.8 crore from Ultra Tech Cement and Shree Cement in the waste heat recovery based power plant space.
STATE BANK OF INDIA sells 76000 shares of ARSS Infra
On April 7, 2011 STATE BANK OF INDIA sold 76,000 shares of ARSS Infrastructure Projects at Rs 624.59 on the NSE.
NUCO MERCHANDISE buys 3 lakh shares of Aptech
On April 7, 2011 NUCO MERCHANDISE PRIVATE LIMITED bought 300,000 shares of Aptech at Rs 115.84 on the NSE.
Hazare's fast enters day 4
Anna Hazare's fast-unto-death entered the fourth day today even as anti-corruption activists waited for a communication from the government over holding another round of talks to iron out differences over notifying formation of a joint committee to draft an effective Lokpal Bill
Emcure Pharma plans Rs 700 crore IPO
Pune-based manufacturer of drugs, Emcure Pharmaceuticals, is planning to raise money through an initial public offering, according to market sources. The size of the IPO, expected to come in the second half of the year, is around Rs 650-700 crore.
SAIL FPO likely to hit market by May-end
The much-awaited Rs 8,000-crore follow-on public offer of Steel Authority of India (SAIL) is set to hit the capital market by the end of next month, a source close to the development said.
Hold NTPC; target of Rs 216: PINC Research
PINC Research has recommended hold rating on NTPC with a target of Rs 216, in its April 7, 2011 research report.
Is beating down of bank shares overdone? MF Global answers
In today trade, banking stocks have recovered from initial losses on expectations of good January – March results. However, Vineet Bhatnagar of MF Global is not anticipating big movement in the financial segment.
Tecpro Systems bags orders worth Rs 224cr; stock gains 3%
Tecpro Systems has bagged orders worth Rs 224 crore, reports CNBC-TV18. It touched an intraday high of Rs 316.90 and an intraday low of Rs 305.15. At 09:47 hrs the share was quoting at Rs 316.70, up Rs 9.65, or 3.14%.
Fertilizer, drilling sectors to outperform: Astrostocktips
Fertilizer and drilling sectors will be getting astrological support, says Satish Gupta of astrostocktips.
BoAML puts buy on Suzlon, target Rs 70; stock up 4%
Suzlon Energy touched an intraday high of Rs 56.25 and an intraday low of Rs 53.60. At 09:45 hrs the share was quoting at Rs 55.85, up Rs 2.50, or 4.69%. BoAML has put buy on the company with a target of Rs 70, reports CNBC-TV18.
Tech Mahindra bags $ 250 mn contracts; stock gains
Tech Mahindra touched an intraday high of Rs 760 and an intraday low of Rs 745.75. At 09:43 hrs the share was quoting at Rs 753, up Rs 2.80, or 0.37%.
Paris Hilton won't return borrowed jewels: Lawsuit
Paris Hilton is holding USD 60,000 of jewelry that does not belong to her and should give it back, a new lawsuit contends.
Government shutdown would shut down IPOS, too
A US government shutdown would temporarily turn off the spigot on the IPO pipeline.
SAIL Rs 8000cr FPO to hit market by next month end
Steel Authority of India (SAIL) touched an intraday high of Rs 174.80 and an intraday low of Rs 174. At 09:41 hrs the share was quoting at Rs 174.30, up Rs 0.35, or 0.20% on the NSE. The company's Rs 8000 crore FPO is set to hit the market by next month end, reports Business Standard.
Shilpi Cable surges 20% on debut
Cables manufacturer Shilpi Cable Technologies started the trade above expectations on first day, with opening at Rs 78 as against issue price of Rs 69 a share on the National Stock Exchange.
KEC forays into water business with Rs 31 crore order
Power transmission firm KEC International has forayed into the water business and has received a Rs 31 crore order from the water resources department of Madhya Pradesh.
Punjab Alkalies surges 17%
Punjab Alkalies and Chemicals touched an intraday high of Rs 40.45 and an intraday low of Rs 35.10. At 09:27 hrs the share was quoting at Rs 40.40, up Rs 6, or 17.44%.
Sanjeev Aga: Why waste a crisis?
Idea Cellular’s Sanjeev Aga tells Forbes India that the mess in the telecom sector is actually an opportunity to make things better.
Some facts on drug-resistant
Some of the world's most powerful medicines are losing the war against drug-resistant strains of HIV, gonorrhea, tuberculosis and other microbes, global health experts said on Thursday.
iGATE's open offer for Patni opens today; stock up
Patni Computer Systems touched an intraday high of Rs 480.20 and an intraday low of Rs 475. At 09:27 hrs the share was quoting at Rs 476.35, up Re 1, or 0.21%. iGATE’s open offer for company has open today and will close on April 27. The open offer is at Rs 503.50 per share, reports CNBC-TV18.
