Spain plans a partial state takeover of its weakest savings banks as it seeks to reassure investors a rescue will not weigh on its deficit, sources and reports said on Friday.
French engineering group Alstom has no plans to take a stake in nuclear reactor maker Areva but is ready to take part in upgrading the nuclear sector in France its Chief Executive said on Friday.
Anand Rathi Securities is bearish on MindTree and has recommended sell rating on the stock with a target of Rs 490 in its January 19, 2011 research report.
The 30-share BSE Sensex closed at 19,007.53, up 147.09 points or 0.78% and the 50-share NSE Nifty fell 41.95 points or 0.74% to settle at 5,696.50.
Bajaj Holdings & Investment has made the allotment of 5,251,000 equity shares of Rs 10 each to the specified promoters.
Punjab & Sind Bank has announced its results for the quarter ended December 2010. It has reported net profit at Rs 135 crore as against Rs 125 crore (YoY).
Greaves Cotton has announced its results for the quarter ended December 2010. It has reported net profit at Rs 44 crore as against Rs 32 crore.
Kirloskar Oil Engines has announced its results for the quarter ended December 2010. It has reported net profit at Rs 39.3 crore and net sales at Rs 575 crore.
Dish TV has announced its results for the quarter ended December 2010. It has reported net loss of Rs 44 crore as against loss of Rs 45.2 crore (QoQ).
Jayant Agro has announced its results for the quarter ended December 2010. It has reported net profit at Rs 4.4 crore as against Rs 2.1 crore, doubled growth on year-on-year basis.
Praj Industries has announced its results for the quarter ended December 2010. It has reported net profit at Rs 13.7 crore as against Rs 29.1 crore (YoY).
Zuari Industries has announced its results for the quarter ended December 2010. It has reported net profit at Rs 36.6 crore as against Rs 24.9 crore (YoY).
Dewan Housing has announced its results for the quarter ended December 2010. It has reported net profit at Rs 61.8 crore as against Rs 40.2 crore.
Bank of Maharashtra has announced its results for the quarter ended December 2010. It has reported net profit at Rs 90.2 crore as against Rs 112 crore.
LIC Housing Finance touched an intraday high of Rs 194.65 and an intraday low of Rs 170.20. At 15:18 hrs the share was quoting at Rs 193.60, up Rs 19.90, or 11.46%.
VIP Industries has fixed February 02, 2011 record date for interim dividend.
Greaves Cotton has declared second interim dividend at Rs 0.40 per share of the face value of Rs 2/- each for the current financial period 2010-11.
CMI FPE inked two new orders for supply of processing lines in India and Togo
Supreme Infrastructure India has bagged order from NHAI worth Rs 1150 crore, reports CNBC-TV18. It touched an intraday high of Rs 234 and an intraday low of Rs 210.60. At 15:02 hrs the share was quoting at Rs 229.65, up Rs 17.65, or 8.33%.
At 14:57 hours IST - the 50-share NSE Nifty has consistently been volatile in trade today due to two-way move.
Rane Madras has declared interim dividend of Rs 4.50 per equity share for FY11.
Supreme Infra has bagged order from NHAI worth Rs 1150 crore.
Foseco India to has announced the final dividend once approved at the AGM for FY2010, shall be remitted to share holders on May 19, 2011.
Indian Bank to revise its BPLR by 0.25% from the existing rate of 13.25% to 13.50% PA, with effect from January 21, 2011.
Polaris Software Lab touched an intraday high of Rs 185 and an intraday low of Rs 172.25. At 14:30 hrs the share was quoting at Rs 175.35, down Rs 8.35, or 4.55%.