Equity benchmarks began the year 2011 on a positive note on Monday following strong global cues and continued the uptrend for fourth consecutive session.
Enter Bajaj Auto at lower levels, says Vaishali Jajoo of Angel Broking.
The board of software services firm Patni Computer Services was planning to meet, a source said, where it is expected to evaluate a deal to sell a majority stake to a consortium of iGate and Apax Partners in a deal worth more than $900 million.
Amtek Auto has acquired 10% equity share capital of Garima Buildprop (Promoter of OCL Iron & Steel).
Bajaj Auto was the top loser on the Sensex. It touched an intraday high of Rs 1,564.95 and an intraday low of Rs 1,473.10. At 15:03 hrs the share was quoting at Rs 1,474.00, down Rs 67.50, or 4.38%.
Reliance Capital, the financial arm of Reliance Anil Dhirubhai Ambani Group, has acquired 26% stake in Indian Commodity Exchange Limited (ICEX) from Indiabulls Financial Services Limited through its subsidiary Reliance Exchangenext Limited (R Next) for an undisclosed amount to become the anchor investor of the exchange.
ACC has target of Rs 1150, says Daryl Guppy, Founder & Director of Guppytraders.com.
Tata Motors today announced open sales of the Tata Nano in all the remaining states of India. Customers across the country, who are desirous of driving home a Tata Nano but had not booked the car during 2009, will now be able to purchase a Tata Nano from the company’s 874 sales outlets in India.
At 14:34 hours IST - the benchmark Sensex was trying to hold 100 points gains on the back of consistent buying in metal, financial, realty, Anil Dhirubhai Ambani Group (ADAG), capital goods, healthcare and auto companies' shares.
Larsen and Toubro (L&T) touched an intraday high of Rs 1,997 and an intraday low of Rs 1,970.85. At 14:33 hrs the share was quoting at Rs 1,987.95, up Rs 8.90, or 0.45%. The company has bagged Rs 1103 crore orders in railway sector.
Tata Power has terminated Olympus Capital's USD 300 million investment pact.
Australia captain Ricky Ponting is to undergo surgery on Tuesday on the fractured finger which forced him to miss his first test match in six years this week.
Nintendo Co has warned children six years old or younger should not play games in 3D mode on a new 3D-capable handheld game player slated for an early 2011 debut, citing possible health risks.
India gold prices were a tad higher on Monday afternoon, and traders were unwilling to place new deals as wedding season is nearing an end in the world's largest consumer of the yellow metal, dealers said.
Videocon Inds at its meeting held on December 31, 2010 has confirmed conversion of 5,025 partly paid-up equity shares into fully paid-up equity shares
Steel Strips has achieved highest ever sale of steel wheel rims of 9.01 Lacs during the month of Dec, 2010 as against 6.61 Lacs during Dec, 2009.
Wheel rims maker Steel Strips Wheels is in talks with a strategic investor to sell 6.5%-7.5% and the deal is likely to close by January-end, a top official told television channel ET NOW.
Jaiprakash Associates said on Monday cement shipments in December rose 28% to 1.35 million tonnes.
JSL Stainless has entered into power purchase agreement with GRIDCO for sale of power from Thermal Power Plant to be set up in the State of Orissa.
Hold Arvind, says Investment Advisor, SP Tulsian.
Jayaswal Neco Inds has achieved Debt tie-up of Rs 1800 crore for its integrated steel project in Chhattisgarh from ICICI Bank, Mumbai.
Mavens Biotech has entered into biotech training and education.
Hyderabad based Taksheel Solutions (TSL) has filed draft red herring prospectus with the market regulator SEBI for 55 lakh equity shares IPO.
Tata Power Ends $300M PE Fund-Raising Deal With Olympus Capital
Larsen & Toubro has bagged order worth Rs 1103 crore in Railway Sector.