Daimler Q4 earnings fall short, shares down
German carmaker Daimler posted fourth-quarter earnings that missed forecasts and announced a bigger-than-anticipated dividend payout for 2010 and an upbeat outlook for 2011.
Two Indian novels shortlisted for Asian Literary Prize
A satirical debut novel "Serious Men" by Indian journalist Manu Joseph are among five books shortlisted for this year's Asian Literary Prize, with most of the works vying for the honours based on social upheaval underway in China and Japan.
Buy Reliance Infra; target of Rs 1057: Motilal Oswal
Motilal Oswal is bullish on Reliance Infrastructure and has recommended buy rating on the stock with a target of Rs 1057 in its February 14, 2011 research report.
No backroom talks on Antrix-Devas deal: PM
Prime Minister Manmohan Singh today strongly rejected any suggestions that his office continued talks with Devas on its controversial deal with Antrix for lease of S-band spectrum after the Space Commission decided to scrap it.
China gold demand growing at 'explosive' pace: ICBC
Demand in China for physical gold and gold-related investments is growing at an "explosive" pace and its appetite for the yellow metal is poised to remain robust amid inflation concerns, said an Industrial and Commercial Bank of China (ICBC) executive.
Koutons Retail appoints SBI Cap to draft debt recast plan
Apparel retailer Koutons Retail India Ltd on Wednesday said it has appointed SBI Capital Markets to draft a debt recast scheme as it was unable to repay short-term debt.
Sundaram MF launches Capital Protection Fund Series- 2
Sundaram Mutual Fund launches Sundaram Capital Protection Oriented Fund Series 2 – 5 Years, a close ended capital protection oriented scheme with the objective to seek income and minimise risk of capital loss by investing in a portfolio of fixed income securities.
Nifty ends rangebound session on flat note
Indian equity benchmarks continued a consolidation for another session to close on a quiet note despite positive global cues. The benchmark Nifty remained in a tight range of 5465-5495 throughout the session.
UTI Equity Tax Savings Plan declares dividend
UTI Equity Tax Savings Plan has announced a dividend, for which the record date is on February 21, 2011.
ILandFS Trans, IRB Infra look attractive: Jani
ILandFS Transportation Networks and IRB Infra are looking attractive, says Hemang Jani, Senior VP at Sharekhan.
Sundaram Financial Services Opportunities declares dividend
Sundaram Financial Services Opportunities has announced a dividend, for which the record date is on February 18, 2011.
Hemang Jani positive on JB Chemical
Hemang Jani, the senior VP at Sharekhan is positive on JB Chemicals and Pharmaceuticals.
United Phosphorous looks attractive: Jani
United Phosphorous is looking attractive, says Hemang Jani, Senior VP at Sharekhan.
Koutons Retail appoints SBI Cap for debt recast
Koutons Retail India touched an intraday high of Rs 29.75 and an intraday low of Rs 27.75. At 15:21 hrs the share was quoting at Rs 29.75, up Rs 1.40, or 4.94%. The company has appointed SBI Capital to draft a scheme for debt recast. The company will revoke pledged shares with financial institutions by selling assets and liquidating loans.
Buy Yes Bank, says Hemang Jani
Buy Yes Bank, says Hemang Jani, the senior VP at Sharekhan.
SBI's Rs 2000cr bond issue opens Feb 21, closes Feb 28
India's largest lender State Bank of India is set to raise Rs 2,000 crore through bonds issue. The bank will launch issue of series 3 lower Tier II bonds of face value of Rs 10,000 each and series 4 lower Tier II bonds of face value of Rs 10,000 each aggregating to Rs 1,000 crore.
Pakistan says US prisoner Davis has immunity
An American jailed for shooting two Pakistanis is shielded by diplomatic immunity, a Pakistani official said on Wednesday, a move that might help end a bruising row between the troubled allies.
Film untangles life of celebrity German playboy
The life of Germany's most celebrated playboy has made a big screen splash at the Berlin film festival, offering a riveting portrayal of the Jewish night club mogul who helped post-war Berlin learn to laugh again.
IVRCL Infrastructure gains 6%
IVRCL Infrastructure and Projects touched an intraday high of Rs 77.35 and an intraday low of Rs 72. At 14:52 hrs the share was quoting at Rs 77.30, up Rs 4.40, or 6.04%.
Parsvnath Developers maintains its march ahead
Parsvnath Developers touched an intraday high of Rs 31.60 and an intraday low of Rs 29.15. At 14:50 hrs the share was quoting at Rs 31.30, up Rs 1.65, or 5.56%.
Nifty consolidates; JP Associates top gainer
Indian equity benchmarks were trading in a tight range since morning trade despite positive global cues. The Nifty was moving in a range of 5460-5495.
Accumulate Suzlon Energy; target of Rs 66: A. K. Stockmart
A. K. Stockmart is bullish on Suzlon Energy and has recommended accumulate rating on the stock with a target of Rs 66, in its February 9, 2011 research report.
Oil rebounds surprise fall in US crude stocks, MidEast woes
US oil prices recovered to nearly USD 85 a barrel on Wednesday, lifted by an unexpected fall in weekly crude stocks, while London Brent rose past USD102, underpinned by continuing protests in the Middle East.
Pramerica MF eyes tax concessions for SIPs this budget
First and foremost a common man aspires a roof on his head, but thanks to soaring prices and recent change in lending norms it is becoming increasingly difficult for a common man to afford a house.
