Unity Infra up on bagging orders worth Rs 122cr
Unity Infraprojects has bagged orders worth Rs 122 crore, reports CNBC-TV18. It touched an intraday high of Rs 108 and an intraday low of Rs 104.65. At 09:26 hrs the share was quoting at Rs 105.25, up Rs 2.95, or 2.88%.
No decision on urea decontrol; fertiliser stocks slip
The urea policy has been kept unchanged as of now, said fertiliser secretary S Behuria. "The department would form a committee to look into nutrient-based subsidy (NBS) for urea and on the recommendations made by the committee, the GoM will decide on the policy," he added.
Telenor sees India row harming business
Norway's Telenor fears that a telecom corruption scandal rocking India may damage its fledging mobile operations there and says a USD 6 billion expansion deal by partly-owned Vimpelcom carries too much uncertainty.
Nifty volatile after initial surge; ONGC, L&T, Sterlite dip
The benchmark Nifty bounced back with 35 points gain in early trade after seeing a fall of 67 points on Wednesday. But that could not sustain for long; indices immediately erased those gains and turned volatile.
CNBC TV-18 OVERDRIVE Awards 2011
The 11th edition of India’s most authoritative Automobile Awards – CNBC TV-18 OVERDRIVE Awards 2011 was a grand event with the top notch people of the automotive fraternity gracing the occasion.
Expect Sensex earnings to grow at 20.7%: Kotak Inst
We expect Sensex earnings to grow at 20.7% YoY in Q3FY11 led by automobiles, banking, metals and property stocks even as cement, sugar, telecom and utility stocks are likely to weigh down earnings.
Rupee opens at 45.40 per dollar
The Indian rupee opened at 45.40 per dollar versus 45.33 yesterday.
Money Market Operations as on January 05, 2011
Money Market Operations as on January 05, 2011
Expect 20.6% EPS growth in FY12: BNP Paribas
Our Sensex target at 23,900 implies a 1-year forward PE of 16.6x at the end of 2011, same as now, says Manishi Raychaudhuri of BNP Paribas.
News Roundup: Karbonn Mobiles In Talks With PEs
Bangalore based-mobile handset brand Karbonn Mobiles is in preliminary talks with private equity players to raise funds to the tune of $50 million (Rs 230 crore).
MMTC looks positive: Astromoneyguru
As per astro economics today banking, infrastructure, cement and educations sectors may do well today, says Ajay Jain of astromoneyguru.
Mkt to show new direction only after Jan 8: Astroprofit
Moon is transiting over the Capricorn sign. Sun, Mars and Rahu are posited in Sagittarius sign. Saturn is in Virgo sign.
Nvidia challenges Intel with PC central processors
Graphics chip designer Nvidia Corp said it will begin designing central processors for personal computers, pushing back against growing pressure from Intel Corp.
Oil holds above $90, looks to US employment
Oil held above USD 90 on Thursday as upbeat private US payroll data helped markets recover from a mid-week slump on expectations for a sustained economic recovery at the world's top crude consuming nation.
BofA to roll out new accounts, fees in 2011
Bank of America Corp, scrambling to regain revenue lost from new regulations, plans to start charging fees on new types of accounts to be introduced in the second half of 2011.
Goldman planning to end Facebook solicitation: Report
Interest in Facebook shares is so strong that Goldman Sachs Group Inc plans to stop soliciting interest from potential investors on Thursday, the Wall Street Journal reported, citing people familiar with the situation.
Gold falls on upbeat jobs data but ends off lows
Gold fell on Wednesday as the dollar surged and strong US private-sector jobs data dented safe-haven buying, but bullion ended off its lows as commodities rebounded on an improving economic outlook.
Nikkei hits 8-mth high as US data brightens outlook
Japan's Nikkei average rose to its highest level in nearly eight months on Thursday after the dollar jumped against the yen following surprisingly strong data on US private-sector jobs that added to evidence the US economy is on a recovery path.
Pharma, paints to outperform: Astrostocktips
Pharma and paints sectors will be receiving astrological support, says Satish Gupta of astrostocktips.
Nifty likely to witness range of 6125-6030: Bhambwani
The coming session is likely to witness a range of 6125 on advances. Support is likely at the 6030. The bullish pivot for the session is likely at the 6110 levels and the bearish pivot at the 6090 levels.
Horrified Jackson children saw father motionless
Two of Michael Jackson's children watched horrified as the pop star lay motionless on his bed the day he died, a bodyguard for the pop star said in emotional testimony on Wednesday.
Seeing growth, Fed`s Hoenig felt duty to dissent
The Federal Reserve's most vocal internal critic on Wednesday pushed back against the US central bank's effort to control a sometimes-dissonant message, saying it is the duty of those who disagree to vote their conviction.
Qualcomm moves into tablet business with Atheros
Qualcomm Inc plans to dominate the supply of wireless chips for tablet devices such as Apple's iPad with its USD 3.2 billion planned purchase of Atheros Communications Inc.
Intel talks up new chips as major advance
Intel Corp took the wraps off its next-generation microchips on Wednesday, saying their superior graphics and content protection capability marked one of the company's most important advances.
Volcker to step down from White House panel
Former Federal Reserve Chairman Paul Volcker plans to leave his role as head of panel of experts advising President Barack Obama on the economy, sources familiar with the decision said on Wednesday.
