HT Media has announced its third quarter results. The company's Q3 net profit was up at Rs 47.8 crore versus Rs 35.7 crore, year-on-year, YoY.
Investment advisor Gul Tekchandani says the worst is not over yet. "I think one more leg down—probably 5500 to 5300 and then you can possibly go and pick up from a technical perspective," he predicts.
Hold Sesa Goa, says Devang Mehta, Vice President & Head - Equity Sales, Anand Rathi Financial Services.
Second tier software services firm Mastek Ltd on Tuesday posted a loss in Oct-Dec, hurt by a goodwill impairment charge and higher depreciation at one of its facilities, sending its shares down 9% to a 20-month low.
Oil firms to give $1.14 bln in retail discount - source
Textile firm Shekhawati Poly-Yarn slipped 6.92% or Rs 1.90 to end at Rs 25.55 on the BSE. It touched an intraday high of Rs 29.20 and an intraday low of Rs 24.75. There were pending buy orders of 2,999 shares, with no sellers available. The total traded volumes were of 4,797,524 shares. However, the share slipped 32.85% in the last three days.
Ashok Leyland has bagged fresh orders from VRL Logistics.
Four Soft has entered into agreement with Universal Freight Management for implementation of its web centric freight management system.
The Environment Ministry submitted its reports on the Lavasa project yesterday. The report suggests that there have been gross violations by Lavasa. The violations are serious in nature the reports says and the Environment Ministry has said it would be difficult to approve the project.
The anchor book of Tata Steel's follow-on public offer (FPO) was subscribed nearly eight times on Tuesday, reports CNBC-TV18 quoting sources. Anchor book opens for one day before issue opens for other investors.
One of education sector's keenly watched enterprises, TutorVista Global, has now come under the UK-based Pearson Group umbrella.
Exchange operator Nasdaq Dubai on Tuesday unveiled new rules for initial public offerings and reporting requirements for listed firms as it seeks to boost liquidity and attract investors.
Brent crude futures edged higher on Tuesday after OPEC members signalled the group would maintain production levels even as prices flirt with USD 100 a barrel, while the resumption of shipments through the Trans-Alaska Pipeline capped price gains.
The rupee was largely steady in the afternoon session on Tuesday as dollar demand from oil firms offset positives following domestic share gains.
Belgium's Kim Clijsters inflicted the dreaded 'double bagel' on Russian Dinara Safina with a 6-0 6-0 first round blowout at the Australian Open on Tuesday.
Reliance Comm has drawn down external commercial borrowing (ECB) of Rs 1155 crore for 3G spectrum refinancing.
India is currently considered the largest emerging market for microfinance institutions (MFIs).
Indian benchmarks rallied smartly on Tuesday on the back of good third quarter earnings from TCS and strong European cues. Technology, financial and metal companies' shares drove the 50-share NSE Nifty to settle the session above 5700 level, with gain of 69 points at 5724.
Competency profiling is the process of identifying the knowledge, skills, abilities, attitudes, and judgment required for effective performance in a particular occupation. The competencies in a model may be organized in a variety of formats, but no one approach is inherently best.
Prabhudas Lilladher is bullish on Tata Consultancy Services (TCS) and has recommended buy rating on the stock with a target of Rs 1400, in its January 18, 2011 research report.
‘The January effect is a popular phenomenon in the US, historically, this has held its mettle in the S&P500 which is traded on the US markets, it would be interesting to juxtapose this within the Indian Markets.
3i Infotech has won contract from Manipal Health Enterprises to provide end-to-end IT Infra solutions.
Halcyon Finance and Capital Advisors Private Limited, a turnaround specialist, has acquired hospital management services firm Integrated Health and Healthcare Services India Private Limited (IHHS) for $44.4 million (Rs 202 crore) through its Singapore based subsidiary Infrahealth Pte Ltd.
Private sector lender Axis Bank has announced its results for the quarter ended December 2010. Commenting on the results, Kajal Jain, Chief Manager, Research, ICICI Direct says, the numbers are quite strong. “We have maintained the target of Rs 1,520,” she says.
Nagarjuna Construction arm buys 55% stake in Nelcast Energy Corporation, reports CNBC-TV18. It touched an intraday high of Rs 116.80 and an intraday low of Rs 113.50. At 15:21 hrs the share was quoting at Rs 116.20, up Rs 3.40, or 3.01%.