latest news

Union Bank Dec qtr PAT seen up 16% at Rs 621cr: KRChoksey

KRChoksey has come out with its earning estimates on banking and financial sector for the quarter ended December 2010. According to the research firm, Union Bank of India December quarter net interest income (NII) are expected to go up by 36% to Rs 1444 crore, Year-on-Year, (Y-o-Y) basis.

IT, retail push up house property values in South India

Bangalore’s real estate market is being driven by the expanding job market and influx of job seekers from all over the country especially in the IT and ITes sectors.

SBI Dec qtr PAT seen up 18% at Rs 2915cr: KRChoksey

KRChoksey has come out with its earning estimates on banking and financial sector for the quarter ended December 2010. According to the research firm, SBI December quarter net interest income (NII) are expected to go up by 30% to Rs 8208 crore, Year-on-Year, (Y-o-Y) basis.

KCP; February 02, 2011 record date for payment of interim dividend

KCP has fixed February 02, 2011 as the 'Record Date' for payment of interim dividend.

Bharat Electronics to consider interim dividend

Bharat Electronics has its Board of Directors meeting on January 28, 2011 to consider interim dividend.

RBI Reference Rate for US $ and Euro

RBI Reference Rate for US $ and Euro

Subex provides solutions to 16 of the Top 20 Wireless Operators globally

Subex provides solutions to 16 of the Top 20 Wireless Operators globally.

Minal Industries to reconfirm bonus issue

Minal Industries has its Board of Directors meeting on January 12, 2011 to reconfirm the bonus issue.

Hinduja Foundries resumes operation at its Ennore unit

Hinduja Foundries has resumed operations at its Ennore unit as there were issues related to pending long term wage.

Hexaware to pay interim dividend on Jan 21, 2010

Hexaware Tech has fixed Jan 21, 2011 as the 'Record Date' for payment of interim dividend.

December local car sales up 29%

Car sales in India rose an annual 28.9% in December, an industry body said on Tuesday, largely driven by a burgeoning middle class in a rapidly growing economy, easier access to loans and a wider choice of models.

PNB Dec qtr PAT seen down 2% at Rs 1103cr: KRChoksey

KRChoksey has come out with its earning estimates on banking and financial sector for the quarter ended December 2010. According to the research firm, Punjab National Bank (PNB) December quarter net interest income (NII) are expected to go up by 26% to Rs 2937 crore, Year-on-Year, (Y-o-Y) basis.

Hexaware Tech declares special interim dividend at Re 1 per share

Hexaware Tech has declared special interim dividend at Re 1 per share of Rs 2 each for the year 2010.

SBI MF picks IT, banking, metal; sells engg, oil&gas

SBI Mutual Funds increased its weightage in information technology, banking & financial services and metals & mining space, while decreased its exposure in engineering & capital goods, utilities and oil & gas space.

Consolidated Co signs power purchase agreement with NTPC Vidyut Vyapar Nigam

Consolidated Co has signed power purchase agreement with NTPC Vidyut Vyapar Nigam in connection with setting up of 5 MW Solar PV power project.

SBI Macquarie buys minority stake in Moser-Baer power MP

Moser Baer touched an intraday high of Rs 59 and an intraday low of Rs 56.40. At 12:24 hrs the share was quoting at Rs 58.00, up Rs 1.35, or 2.38%. SBI Macquarie has bought minority stake in Moser-Baer power MP, reports CNBC-TV18.

Kotak Mahindra Dec qtr PAT seen up at Rs 209cr: KRChoksey

KRChoksey has come out with its earning estimates on banking and financial sector for the quarter ended December 2010. According to the research firm, Kotak Mahindra Bank December quarter net interest income (NII) are expected to go up by 23% to Rs 598 crore, Year-on-Year, (Y-o-Y) basis.

IDFC Dec qtr PAT seen up 32% at Rs 357cr: KRChoksey

KRChoksey has come out with its earning estimates on banking and financial sector for the quarter ended December 2010. According to the research firm, IDFC December quarter net interest income (NII) are expected to go up by 58% to Rs 412 crore, Year-on-Year, (Y-o-Y) basis.

ICICI Bank Dec qtr PAT seen up 20% at Rs 1323cr: KRChoksey

KRChoksey has come out with its earning estimates on banking and financial sector for the quarter ended December 2010. According to the research firm, ICICI Bank December quarter net interest income (NII) are expected to go up by 15% to Rs 2367 crore, Year-on-Year, (Y-o-Y) basis.

Shekhawati Poly-Yarn to list shares on Jan 12

Textile firm Shekhawati Poly-Yarn has fixed January 12 as a listing date for its equity shares, which issued via public issue.

HDFC Bank Dec qtr PAT seen up 23% at Rs 1009cr: KRChoksey

KRChoksey has come out with its earning estimates on banking and financial sector for the quarter ended December 2010. According to the research firm, HDFC Bank December quarter net interest income (NII) are expected to go up by 14% to Rs 2546 crore, Year-on-Year, (Y-o-Y) basis.

Liquidity Adjustment Facility : Auction Results

Liquidity Adjustment Facility : Auction Results

Sensex consolidates; TCS, Infosys, Wipro, SAIL, DLF dip

At 11:58 hours IST - equity benchmarks were extremely volatile in trade and were consolidating at previous closing values. The Nifty has been getting selling pressure whenever it reaches 5800 level.

Grasim Dec qtr PAT seen dn 4% at Rs 412 cr: Angel

Angel Broking has come out with its earning estimates on Cement sector for the quarter ended December 2010. According to the research firm, Grasim Industries quarter sales are expected to go up by 3% at Rs 4987 crore, Year-on-Year, (YoY) basis.