IOB Q3 net profit up 127.45% at Rs 232 cr
Indian Overseas Bank (IOB) has announced its results for the quarter ended December 2010. It has reported net profit of Rs 232 crore as against Rs 102 crore, a growth of 127.45% on year-on-year basis.
Siemens Q3 net profit up at Rs 244 cr
Siemens has announced its results for the quarter ended December 2010. It has reported net profit of Rs 244 crore as against Rs 239 crore (YoY).
Cadila Healthcare, Bayer unit to form JV
Cadila Healthcare and Bayer HealthCare, unit of Bayer AG, have agreed to set up a joint venture to market products locally, including women's healthcare, metabolic disorders and oncology, the two firms said in a statement on Friday.
SpiceJet need not raise capital for Bombardier buy
Budget carrier SpiceJet does not need to raise capital to fund its aircraft purchases from Canada's Bombardier Inc, its Chief Executive said on Friday.
Rupee hovers near day's low as stocks down
The rupee hovered near its day's lows due to weak stocks and dwindling dollar inflows in afternoon trades on Friday.
Bharat Electronics Q3 net profit down at Rs 170.5 cr
Bharat Electronics has announced its results for the quarter ended December 2010. It has reported net profit of Rs 170.5 crore as against Rs 224 crore.
Sun TV Q3 net profit up 48.03% at Rs 225 cr
Sun TV Network has come out with its third quarter results of FY11. It has reported net profit of Rs 225 crore in December quarter of 2010 as against Rs 152 crore in same period of last year, a growth of 48.03%.
Atul Q3 net profit up at Rs 28 cr
Atul has declared its third quarter results. Its Q3 net profit was up at Rs 28 crore versus Rs 5 crore.
Motilal Oswal Fin Svcs Q3 net profit up at Rs 42 cr
Motilal Oswal Financial Services has announced it third quarter consolidated results. Its Q3 net profit was up at Rs 42 crore versus Rs 33 crore, QoQ.
Reliance Industries touches 52-week low
Reliance Industries (RIL) touched a 52-week low of Rs 913.25. At 14:20 hrs the share was quoting at Rs 914.95, down Rs 27.75, or 2.94% on the NSE.
CVCI-backed Shiv-Vani oil raising Rs 250cr
Citigroup Venture Capital-backed Shiv-Vani Oil & Gas Exploration Services Limited is raising Rs 250 crore through issue of secured redeemable optionally convertible debentures to ICICI Bank.
Buy ICICI Bank; target of Rs 1312: Angel Broking
Angel Broking is bullish on ICICI Bank and has recommended buy rating on the stock with a target of Rs 1312 in its January 24, 2011 research report.
Sell Infosys; target of Rs 3075-3050: Aditya Birla Money
Aditya Birla Money is bearish on Infosys Technologies and has recommended sell rating on the stock with target of Rs 3075-3050 in its January 28, 2011 research report.
UCO Bank Q3 net profit up at Rs 301 cr
UCO Bank has declared its third quarter numbers. The company's Q3 net profit was up at Rs 301 crore versus Rs 246 crore.
Buy IDBI Bank; target of Rs 189: LKP
LKP is bullish on IDBI Bank and has recommended buy rating on the stock with target of Rs 189 in its January 27, 2011 research report.
BHEL among major losers
Bharat Heavy Electricals (BHEL) was among major losers on the Sensex. It touched an intraday high of Rs 2,241.80 and an intraday low of Rs 2,133.15. At 13:47 hrs the share was quoting at Rs 2,142, down Rs 98.80, or 4.41%.
US, Japan told time running out to deal with debt
Japan and the United States faced new pressure to confront their swollen budget deficits as the IMF and rating agencies demanded more evidence they can bring their public debts under control.
Infosys seeks selective M&As
Infosys Technologies, India's No 2 software exporter, is looking for the mergers and acquisitions, but will be selective on opportunities, its chief executive said on Friday.
Tata Motors slips on profit booking
Tata Motors has slipped today. It touched an intraday high of Rs 1,187.00 and an intraday low of Rs 1,131.10. At 13:44 hrs the share was quoting at Rs 1,139.10, down Rs 55.15, or 4.62%.
Crompton Greaves board approves merger of arm with self
Crompton Greaves board has approved merger of arm CG Capital & Invst with self, quoting NewsWire18, reports CNBC-TV18. It touched an intraday high of Rs 280 and an intraday low of Rs 266.50. At 13:38 hrs the share was quoting at Rs 272.30, down Rs 3.70, or 1.34%.
DLF touches 52-week low
DLF touched a 52-week low of Rs 225.25. At 13:34 hrs the share was quoting at Rs 226.45, down Rs 13.50, or 5.63%.
Nifty tanks below 5500 as realty, auto, cap goods crumble
Equity benchmarks completely battered by bleeding in heavyweights on fears that company's earnings may be impacted going forward. Foreign money outflow could be another reason that sent the Nifty to break 5500-mark today for the first time since September 6, 2010.
Crompton Greaves Cons Q3 net profit up at Rs 233cr
Crompton Greaves has announced its third quarter consolidated results. Its Q3 net profit was up at Rs 233 crore versus Rs 200 crore, YoY.
Allahabad Bank Q3 net profit up at Rs 416 cr
Allahabad Bank has declared its third quarter results. Its Q3 net profit was up at Rs 416 crore versus Rs 345.4 crore.
Surana Ventures Boad okays AIM listing, $30M fundraise
Surana Ventures Ltd, the solar energy module making arm of Hyderabad-based Surana Group, is looking to raise USD 30 million through an overseas issue/borrowing or preferential allotment to finance photovoltaic cell line and set up automated module line.
