Telangana: Divided We Stand
Businesses in Andhra Pradesh have good reason to worry about the fallout of the Srikrishna Report. But the report indicates that the storm may pass soon.
Indiabulls Realty board okays biz rejig; stk up 3.8%
Indiabulls Real Estate board has okayed business restructuring, reports CNBC-TV18. It touched an intraday high of Rs 125 and an intraday low of Rs 121.25. At 09:28 hrs the share was quoting at Rs 123.10, up Rs 4.55, or 3.84%.
Goodwill Trades sells 1 lakh shares of Birla Shloka
On January 17, 2011 Goodwill Trades Private Limited sold 100,000 shares of Birla Shloka Edutech at Rs 22.87 on the BSE. Yesterday the share closed at Rs 22.30.
Satyavacha Financial sells 3.5 lk shares of Dhampur Sugar
On January 17, 2011 Satyavacha Financial Advisory Services Private Limited sold 350,000 shares of Dhampur Sugar Mills at Rs 74.17 on the BSE. Yesterday the share closed at Rs 73.
TCS gains 3.7% on better Q3 numbers
Tata Consultancy Services (TCS) Q3 consolidated net profit was up 9.24% at Rs 2,369.83 crore versus Rs 2,169.21 crore, QoQ, reports CNBC-TV18. It touched an intraday high of Rs 1,181.90 and an intraday low of Rs 1,168.60. At 09:20 hrs the share was quoting at Rs 1,181.15, up Rs 43.00, or 3.78%.
Fire in Indian Oil depot; officials say under control
A fire broke out at a depot of state-run Indian Oil Corp and firefighters were trying to contain the blaze , police said on Tuesday.
Nifty hits 5700; TCS surges post nos, banks lead
The benchmark Nifty started the day on a positive note and touched the 5700 level in early trade, led by financial, metal, cement and metal stocks.
Ranbaxy looks weak: Astroprofit
Ranbaxy Laboratories incorporated on dated June 16, 1961. Today Moon is transiting over the 12th house from the natal moon and other planetary combinations are indicating some downside in coming days.
Rupee opens at 45.53 per dollar
The Indian rupee opened at 45.53 per dollar versus 45.51 yesterday.
Money Market Operations as on January 17, 2011
Money Market Operations as on January 17, 2011
Resistance seen between 5750-5780: JM Financial
The two pillars of index strength in the last 15 months, IT & auto, seem to have broken down. Overall, the trend is likely to remain down even as volatility continues on a daily basis, says Gautam Shah of JM Financial.
Rallis India Q3FY11 PAT up 40% at Rs 33.69 cr
Rallis India has declared its third quarter results. The company's Q3FY11 revenue was up 31% to Rs 271 crore versus Rs 207 crore, YoY.
Q1 of 2011 will be difficult for Indian investors: JPMorgan
We expect equity returns to be largely driven by earnings growth and not multiple re-rating, says Adrian Mowat of JPMorgan.
ETA Engineering May Raise Rs 300Cr From NSR
News Roundup: ETA Engineering May Raise Rs 300Cr From NSR
China ahead of World Bank in loans to developing nations
China has lent more money to developing nations than the World Bank in the past two years, the Financial Times said on Tuesday, underlining Beijing's ambitions to increase its global influence.
Shares to drift ahead of eurozone fin min meeting
Asian stocks are set for a soft start on Tuesday, as fears grew a meeting of European finance ministers would not bring a swift end to the region's debt crisis.
Nikkei seen rangebound after US holiday, China eyed
Japan's Nikkei average is expected to move in a tight range on Tuesday after US markets were closed for a holiday and fears grew that a meeting of European finance ministers would not bring a swift end to the region's debt crisis.
EU's Rehn promises tougher bank stress tests
New tougher stress tests on Europe's banks will be revealed within months, the EU's economy chief said on Monday, as the bloc embarked on a fresh bid to win back investor confidence in the euro zone.
Greece favours debt repayment extension: Deputy PM
Stretching out the repayment of Greece's outstanding debt, beyond its EU/IMF bailout loans, could help the overborrowed country emerge from its debt crisis, its deputy prime minister said on Monday.
Singapore Exchange Q2 net misses expectation, eyes merger
Singapore Exchange (SGX) said on Tuesday it was on track to complete its USD 7.8 billion merger with Australian bourse operator ASX in 2011, as it missed forecasts for quarterly profit on higher costs such as technology spending.
Goldman to exclude US from Facebook placement
Goldman Sachs said it will limit its private placement of shares of social networking site Facebook to investors outside the United States, citing "intense media coverage," according to the investment bank.
US senators threaten currency bill ahead of Hu visit
A group of US senators, on the eve of Chinese President Hu Jintao's arrival in the United States, said it was vital that Congress pass legislation to get tough with China over its currency practices.
Apple's Jobs takes 3rd medical leave, stock slumps
Apple Inc Chief Executive Steve Jobs is taking medical leave for the third time since 2004, sending its shares tumbling more than 8% as the surprise revived concerns over the long-term future of the iPhone- and iPad-maker.
Tunisia crisis could hit investment across region
The political upheaval in Tunisia has dealt a heavy blow to planned stock and bond listings in the country and also has the potential to send rising portfolio flows across North Africa and the Gulf into reverse.
