Indian Railways' move to raise freight cost on iron ore for exports by 50% from Thursday, to take advantage of firm global prices, may further push up prices that are already hovering around record highs.
Britain is to give News Corp a final chance to avoid a prolonged and costly investigation into its proposed USD 12 billion buyout of BSkyB, in a move that is likely to draw criticism from rivals.
Prabhudas Lilladher is bullish on Edelweiss Capital and has recommended accumulate rating on the stock with a target of Rs 49 in its January 24, 2011 research report.
Third Quarter Review of Monetary Policy 2010-11 Press Statement by Dr. D. Subbarao, Governor
Amisha Vora, Prabhudas Lilladher is neutral on banks.
364 day Treasury Bills : Auction Result
91 day Treasury Bills : Auction Result
Bonanza has come out with a review on Credit Policy, January 25, 2011. According to the research firm, market has got what it was expecting. The rate hike is mere 25 basis points and accordingly the market has reacted positively.
J Kumar Infraprojects has baged order worth of Rs 49 crore.
Anand Rathi Securities has come out with a report on RBI-Monetary Policy. The research firm expects two more rate hikes of 25bps each by Jun ’11.
Finance Minister Pranab Mukherjee on Tuesday said that the Central Government has nothing to hide on black money issue and the Prime Minister has asked him to share the information with public.
Taliban violence and religious extremism grew in Pakistan in 2010, with the government doing little to improve the situation and often making things worse, Human Rights Watch (HRW) said on Monday.
Sterlite Industries (India) has decalred its third quarter results. The company's Q3 consolidated net profit was down at Rs 1,101 crore versus Rs 1,008, quarter-on-quarter, QoQ.
Mobile software developers remain fixated on Apple and on Google's Android as the prime targets of their toil, but Microsoft and Research In Motion are making inroads as tablet offerings multiply.
J Kumar Infraprojects has bagged order worth Rs 49 crore, reports CNBC-TV18. It touched an intraday high of Rs 151 and an intraday low of Rs 145. At 15:00 hrs the share was quoting at Rs 145.30, down Rs 3.65, or 2.45%.
Alstom Project has declared its third quarter results. The company's Q3 net profit wasdown at Rs 16 crore versus Rs 34 crore, year-on-year, YoY.
Prabhudas Lilladher is bullish on Union Bank of India and has recommended buy rating on the stock with a target of Rs 425 in its January 25, 2011 research report.
GHCL has declared its third quarter results. The company's Q3 net profit was up at Rs 25.1 crore versus Rs 22.4 crore.
Media firm Deccan Chronicle Holdings (DCHL) is merging two of its subsidiaries including the owner of its Indian Premier League cricket club Deccan Chargers Sporting Ventures Ltd and specialised retail venture Odyssey India.
Mahindra Ugine has declared its third quarter results. The company's Q3 net loss was at Rs 5.1 crore versus profit of Rs 2.1 crore.
LKP has maintained hold rating on M&M Financial in its January 24, 2011 research report.
GVK Power & Infrastructure is going to set up 2 greenfield airports in Indonesia, quoting NewsWire18, reports CNBC-TV18. It touched an intraday high of Rs 35 and an intraday low of Rs 34.60. At 14:38 hrs the share was quoting at Rs 34.75, up Rs 0.05, or 0.14%.
The benchmark Nifty has tested the 5700-level amid a choppy trade at 14:15 hours, led by fall in financial, technology, FMCG, healthcare and Anil Dhirubhai Ambani Group companies' shares. Index heavyweights Reliance Industries and ONGC too were on sellers' radar.
Deepak Fertiliser has declared its third quarter results. The company's Q3 net profit was down at Rs 40.3 crore versus Rs 52.9 crore.
Karvy Stock Broking has maintained an outperformer rating on Punjab National Bank (PNB) with a target of Rs 1380 in its January 24, 2011 research report.