latest news

Uttam Galva Steel Q3 net profit at Rs 10.1 cr

Uttam Galva Steel has declared its third quarter numbers. The company's Q3FY11 net sales were down 4.7% at Rs 1,039.6 crore versus Rs 1,091.7 Crore, YoY.

Eros International Media Q3 PAT up 167% to Rs 43 cr

Eros International Media has declared its third quarter numbers. The company's Q3FY11 revenue was up 87% to Rs 280 crore versus Rs 150 crore, YoY.

INOX Leisure Q3 PAT at Rs 5.25 cr

INOX Leisure has declared its third quarter numbers. The company's Q3FY11 revenue was up 20% to Rs 101 crore versus Rs 84.2 crore, YoY.

Buy Marico; target of Rs 150: Prabhudas Lilladher

Prabhudas Lilladher is bullish on Marico and has recommended buy rating on the stock with a target of Rs 150 in its January 27, 2011 research report.

Jagran Prakashan Q3 PAT up 32% to Rs 52.6 cr

Jagran Prakashan has declared its third quarter numbers. The company's Q3FY11 revenue was up 26% to Rs 286 crore versus Rs 227 crore, YoY.

GSFC Q3 PAT up at Rs 228 cr

Gujarat State Fertilizers Company (GSFC) has declared its third quarter numbers. The company's Q3FY11 revenue was up 11% at Rs 1265 crore versus Rs 1141 crore, YoY.

Nikkei hits 2-mth low; Egypt riots spark move out of stocks

Japan's Nikkei hit a two month low at one point on Monday as anti-government rioting in Egypt prompted investors to shun riskier assets, with analysts adding that the blow to sentiment comes at a time when the benchmark appeared due for a correction.

Rupee hits 2-month low on risk aversion

The rupee weakened to two-month lows on Monday, as unrest in Egypt rattled investor sentiment globally and sent shares and regional currencies lower.

China cash in at $1.2 million Korean Open

Badminton's first USD 1 million-plus tournament, the Korean Open, ended in a near clean-sweep for China, led by Olympic and ex-world champion Lin Dan.

New Telekom, NTT cable to boost internet traffic

Malaysia's Telekom and Japan's NTT Communications will invest in a sixth undersea cable worth USD 500 million to expand the internet traffic capacity between Southeast Asia and Japan, a source with direct knowledge of the matter said.

Phone counseling can help cut heart disease risk: Study

A greater percentage of people at high risk for heart disease keep up their exercise and diet programmes when they get group telephone counseling, according to a study.

Andhra Bank Q3 profit after tax seen up 38% at Rs 300 cr

Andhra Bank is set to announce its results for the quarter ended December 2010. According to CNBC-TV18 estimates, its net profit is expected to go up by 38% at Rs 300 crore as against Rs 275.4 crore in December quarter 2009.

Canara Bank Q3 profit after tax seen down at Rs 916 cr

Canara Bank is set to announce its results for the quarter ended December 2010. According to CNBC-TV18 estimates, its profit after tax is expected to go down by 13% at Rs 916 crore as against Rs 1,052.5 crore in December quarter 2009.

Dabur Q3 net profit seen up 26% at Rs 173 cr

Country's fourth largest FMCG company Dabur is set to announce its results for the quarter ended December 2010. According to CNBC-TV18 estimates, its net profit is expected to go up by 26% to Rs 172.7 crore in third quarter FY11 as against Rs 137 crore in same period the last year.

Budget Trivia: Lesser known facts about the major event

Trivia: Both Yaswant Sinha and Manmohan Singh have presented 5 Budgets in a row.

Nalco Q3 net profit seen up at Rs 312.5 cr

State-run manufacturer and distributor of aluminum products Nalco is set to announce its results for the quarter ended December 2010. According to CNBC-TV18 estimates, its net profit is expected to go up at Rs 312.5 crore in third quarter as against Rs 224.04 crore in previous quarter.

NTPC Q3 net profit seen down at Rs 2,122.6 cr

India's largest power generation company NTPC is set to announce its results for the quarter ended December 2010. According to CNBC-TV18 estimates, its net profit is expected to go down at Rs 2,122.6 crore as against Rs 2,364.98 crore (YoY) while seen up from Rs 2,107.38 crore (QoQ).

Pakistanis ruined by floods brace for more hardship

Six months after Pakistan's epic floods demolished this farming village in the southern province of Sindh, its residents still live in limbo on a roadside.

Cabinet may relax private banks voting rights: Report

India's finance ministry is expected to seek cabinet approval to a proposal for giving proportionate voting rights to founders in private sector banks, the Financial Express said on Monday.

Dr Reddy's says US court clears generic Allegra sale

Number 2 drugmaker Dr Reddy's Laboratories Ltd said on Monday a US district court has cleared the sale of its generic version of Sanofi-Aventis' allergy treatment drug Allegra D24.

Aditya Birla Group to buy Columbian Chem: Report

Aditya Birla Group has reached an agreement to buy US-based Columbian Chemicals for about USD 800 million, the Economic Times reported on Monday, citing unnamed sources with direct knowledge of the deal.

Jindal SAW Q3 profit after tax seen down 25% at Rs 126 cr

Jindal SAW is set to announce its results for the quarter ended December 2010. According to CNBC-TV18 estimates, its profit after tax is expected to go down by 25% at Rs 126 crore in third quarter of FY11 as against Rs 168 crore in same quarter the previous year.

DB Realty Q3 profit after tax seen up at Rs 122 cr

Mumbai based realty firm DB Realty is set to announce its results for the quarter ended December 2010. According to CNBC-TV18 estimates, its profit after tax is expected to go up to Rs 122 crore as against Rs 120 crore in previous quarter.

DLF Q3 profit after tax seen up at Rs 462 cr

Realty firm DLF is set to announce its results for the quarter ended December 2010. According to CNBC-TV18 estimates, its profit after tax is expected to go up at Rs 462 crore as against Rs 418 crore on quarter-on-quarter basis while down from Rs 468 crore on year-on-year basis.