Tecpro Systems enters into Collaboration with Nanjing Triumph Kaineng Environment and Energy
Tecpro Systems has entered into Collaboration with Nanjing Triumph Kaineng Environment and Energy for Waste Heat Recovery (WHR) Power Projects.
Cement prices may rise further
Cement makers may further increase prices by Rs 5-10 per bag--the fourth hike since November—because of rising input costs, reports Business Standard.
Accentia Tech bags order in Education Solutions domain from large Group of Institutions
Accentia Tech bags order in Education Solutions domain from large Group of Institutions with over 100 establishments in South India.
Kingfisher to add fleet by October
Kingfisher Airlines plans to add eight leased aircraft to its fleet by October, to benefit from rising air traffic in the country.
CRISIL to consider dividend
CRISIL has its Board of Directors meeting on February 14, 2011 to consider dividend for the year ended December 31, 2010.
Mahindra Lifespace Q3 PAT up 20% at Rs 33.4 cr
Mahindra Lifespace has reported profit after tax of Rs 33.4 crore for the quarter ended December 2010, up 20% as compared to Rs 27.9 crore in same quarter the previous year.
DCW Q3 net profit down 84% at Rs 3 cr
DCW Q3 net profit was down 84% at Rs 3 crore versus Rs 18.8 crore.
Kingfisher may face higher cost pressures
Kingfisher Airlines could face additional costs through higher insurance premium when its policy is renewed in June.
Elder Pharma Q3 cons net profit at Rs 15.8cr
Elder Pharma Q3 consolidated net profit was up at Rs 15.8 crore versus Rs 15.4 crore.
High ATF likely to dent airlines profitability
Rising aviation turbine fuel (ATF) prices during the slack season could hurt aviation companies’ profitability.
Boeing flying high in India with aggressive plans
Aircraft maker Boeing now hopes to earn USD 130 billion from India over the next 20 years, up from USD 100 billion projected earlier.
Eicher Motors Q3 PAT up 170% at Rs 54.3 cr
Eicher Motors has reported consolidated profit after tax of Rs 54.3 crore for the quarter ended December 2010, up 170% as compared to Rs 20.3 crore in same period the previous year.
Jet Air Q3 net up 11.3%, aims to save Rs 130 cr annually
Jet Airways third quarter (October-December 2010) net profit rose 11.3% year-on-year to Rs 118.2 crore, but higher fuel costs offset much of the gains from increased passenger traffic during the holiday season.
Aurobindo Pharma Q3 PAT up 10% at Rs 188.6 cr
Aurobindo Pharma has reported profit after tax of Rs 188.6 crore for the quarter ended December 2010, up 10% as compared to Rs 172 crore in same period the previous year.
Hold Cipla; target of Rs 331: PINC Research
PINC Research has recommended hold rating on Cipla with a target of Rs 331, in its February 7, 2011 research report.
Air India IPO must be explored: Praful Patel
Heavy industries minister Praful Patel--formerly civil aviation minister--is rooting for Air India’s initial public offering (IPO).
ITC back on track
ITC has gained today. It touched an intraday high of Rs 158.10 and an intraday low of Rs 153.30. At 14:03 hrs the share was quoting at Rs 157.65, up Rs 4.65, or 3.04%.
Buy Nagarjuna Construction; target of Rs 173: Angel Broking
Angel Broking is bullish on Nagarjuna Construction Co and has recommended buy rating on the stock with a target of Rs 173 in its February 4, 2011 research report.
Buy GlaxoSmithKline Con; target of Rs 2755: Anand Rathi Sec
Anand Rathi Securities is bullish on GlaxoSmithKline Consumer Healthcare and has recommended buy rating on the stock with a target of Rs 2755 in its February 3, 2011 research report.
Sensex tests 18000; Cipla, Wipro, L&T, HDFC dip
The consolidation continued in Indian equities today after a 441 points fall on Sensex on Friday, at 13:35 hours. Indices were quite rangebound in trade and were trying very hard to stay in green with the support from oil & gas, telecom, realty, FMCG, select power and metal companies' shares
Allcargo Global eyes acquisitions in India, east Asia
Allcargo Global Logistics is scouting for acquisitions in the fast growing markets of India and east Asia, after taking stakes in a couple of Hong Kong-based logistics firms last year, as the Indian firm looks for strategic fits to its container load and multi-modal transport operations.
After the Great Recession, the Great Regression?
After the Great Recession, Europe has embarked on a Great Regression. Wages, pensions, unemployment insurance, welfare benefits and collective bargaining are under attack in many areas as governments struggle to reduce debts swollen partly by the cost of rescuing banks during the global financial crisis.
Mah Satyam gets IT contract from Qatar Govt agency
Mahindra Satyam touched an intraday high of Rs 61.40 and an intraday low of Rs 59.35. At 13:24 hrs the share was quoting at Rs 60.30, down Rs 0.20, or 0.33%. According to Sources, the company has got IT contract from Qatar government agency, quoting DowJones, reports CNBC-TV18.
Lanco Infratech Q3 PAT seen up 79% at Rs 191 cr
Lanco Infratech is set to announce its results for the quarter ended December 2010. According to CNBC-TV18 estimates, its profit after tax (PAT) is expected to go up by 79% at Rs 191 crore as against Rs 107 crore on year-on-year basis, according to CNBC-TV18 estimates.
