Raymond may sell Thane land for around Rs 2250 cr
Raymond may sell Thane land (125 acres) for around Rs 2,250 crore, instead of developing it. Oberoi, Peninsula, Runwal GRP are leading in race for Raymond Land, reports CNBC-TV18, quoting sources. It touched an intraday high of Rs 373.50 and an intraday low of Rs 353. At 13:53 hrs the share was quoting at Rs 371.25, up Rs 15.30, or 4.30%.
EGoM meet on June 9 on KG-D6 called off: Sources
The empowered group of ministers (EGoM) meeting on gas utilisation scheduled for June 9 has been called off, reports CNBC-TV18 quoting sources. It is learnt that EGoM meet is cancelled as both the Delhi High Court and Bombay High Court never directed the EGoM to meet.
HCL Tech in race for services arm of Oracle Fin: Sources
HCL Technologies touched an intraday high of Rs 513 and an intraday low of Rs 504.30. At 13:48 hrs the share was quoting at Rs 505.95, down Rs 6.65, or 1.30%.
NDTV continues to rise, stock up 16%
New Delhi Television (NDTV) touched an intraday high of Rs 73.75 and an intraday low of Rs 60.85. At 13:44 hrs the share was quoting at Rs 73.00, up Rs 10.50, or 16.80%.
HCC can touch Rs 36-38 in 6-month : SP Tulsian
SP Tulsian, sptulsian.com is of the view that Hindustan Construction Company can touch 36-38 in 6-month perspective
Buy India Cement; target of Rs 110: Unicon Investment
Unicon Investment is bullish on India Cement (ICL) and has recommended buy rating on the stock with a target price of Rs 110 in its June 01, 2011 research report.
Devang Mehta upbeat on Jain Irrigation
Devang Mehta, Vice President & Head - Equity Sales, Anand Rathi Financial Services is upbeat on Jain Irrigation.
Engineers India has target of Rs 350: Mehta
Devang Mehta, Vice President & Head - Equity Sales, Anand Rathi Financial Services is of the view that Engineers India has target of Rs 350.
Kingfisher Air sets up fresh plan for share sale
Kingfisher Airlines is gearing up with fresh business plan for a share sale, reports The Wall Street Journal. As the company glares into increasing price of jet fuel, the chairman of India's second-largest airline by market share said the plan is to woo prospective investors in its intended share sale.
SEC Incentivizes Whistleblowing
By: Daniel J. Dunne, Herrington & Sutcliffe
CRISIL assigns valuation grade of 3/5 to Kewal Kiran
CRISIL Research has come out with its report on Kewal Kiran Clothing. The research firm has initiated coverage on the company with a Valuation Grade of ‘3/5’ and has maintained the fair value of Rs 560 per share.
70% Indians have dandruff: survey
According to the survey results, not everyone in the world agrees that dandruff can be cured but about 7 in 10 Indian consumers believe that dandruff can be completely removed.
CRISIL revises fair value to Rs 130 for Kandagiri Spinning
CRISIL Research has come out with its report on Kandagiri Spinning Mills. The research firm has initiated coverage on the company with a fundamental Grade of ‘2/5’ and has maintained the fair value of Rs 130 per share.
Buy RIL with long term perspective: Devang Mehta
Devang Mehta, Vice President & Head - Equity Sales, Anand Rathi Financial Services is of the view that one can buy Reliance Industries with long term perspective.
McLeod Russel sees India tea prices up Rs 10-15/kg in FY12
World’s largest tea producer McLeod Russel India expects raw tea prices in India will go up Rs 10-15 per kilogram in the current fiscal year, as strong demand continues to exceed supply.
Shiva Cement gets MoEF nod for expanding plant capacity
Shiva Cement has touched an intraday high of Rs 6.45 and an intraday low of Rs 5.77. At 12:44 pm, the share was quoting at Rs 6.22, up Rs 0.39, or 6.69%.
List of winners at MTV Movie Awards
Following is a complete list of winners at the 20th annual MTV Movie Awards, held on Sunday at the Gibson Amphitheatre near Hollywood.
New liquidity facility will be tested in mid-June: RBI
The Reserve Bank of India's Deputy Governor K.C. Chakrabarty said on Monday banks may use the newly introduced marginal standing facility (MSF) in mid-June when liquidity is expected to tighten sharply owing to advance tax payments.
Sell DCB; target of Rs 52: Aditya Birla Money
Aditya Birla Money is bearish on Development Credit Bank (DCB) and has recommended sell rating on the stock with a target of Rs 52 in its June 6, 2011 research report.
Sell Crompton Greaves; target of Rs 235: Aditya Birla Money
Aditya Birla Money is bearish on Crompton Greaves and has recommended sell rating on the stock with a target of Rs 235 in its June 6, 2011 research report.
Turning out in Indian colours is motivating:Parthiv
Parthiv Patel is resigned to the fact that he would only be India's second best wicketkeeper as long as Mahendra Singh Dhoni is around but far from being frustrated, he considers it as a motivation to continue.
Qantas says sees higher fares, delay on A380 orders
Qantas Airways Ltd said it expects to increase airfares to cover soaring fuel costs while the delivery of two Airbus A380 aircraft is likely to be delayed by two to three months.
Nifty ranged with negative bias; StanChart most active
The 50-share NSE Nifty was trading lower amid volatility but moving within a narrow range of 5480-5505 since the morning trade. Metal, FMCG, auto, oil & gas, power, realty, cement and select financial companies' shares were witnessing selling pressure at 12:25 hours
SC issues notice to Centre on Ramdev's eviction
Taking suo motu cognisance of forceful eviction of yoga guru Baba Ramdev and his followers from the Ramlila grounds here, the Supreme Court today sought the Centre's response on the incident.
Buy MRPL; target of Rs 81: IIFL
IIFL is bullish on MRPL and has recommended buy rating on the stock with a target of Rs 81 in its June 6, 2011 research report.
