TRAI releases discussion paper on green telecom
The Telecom Regulatory Authority of India (TRAI) on Thursday released a discussion paper on "Green Telecommunications”. “As the second largest and fastest growing market in the world, there is need for India to be conscious of the concerns in this regard,"
RSWM Q3 PAT up 3.1 times at Rs 40cr
RSWM Q3 revenues were up 22.1% at Rs 482.8 crore versus Rs 395.4 crore, year-on-year, YoY. Its PAT was up 3.1 times at Rs 40 crore versus Rs 9.7 crore.
Buy Madhucon Projects; target of Rs 150: PINC Research
PINC Research is bullish on Madhucon Projects and has recommended buy rating on the stock with a target of Rs 150 in its February 1, 2011 research report.
US proposes Mubarak's immediate resignation
The Obama administration is discussing with Egyptian officials the immediate resignation of President Hosni Mubarak as one of several scenarios for a transition of power, a US official said.
Sell NALCO; target of Rs 374: Motilal Oswal
Motilal Oswal is bearish on National Aluminium Company (Nalco) and has recommended sell rating on the stock with a target of Rs 374 in its February 1, 2011 research report.
Buy 3i Infotech; target of Rs 90: Sushil Finance
Sushil Finance is bullish on 3i Infotech and has recommended buy rating on the stock with a target of Rs 90 in its January 31, 2011 research report.
Nifty slips below 5500; RIL, TCS, NTPC, ITC, L&T dip
The benchmark Nifty slipped below the 5500 level amid extreme volatility at 11:35 hours, pulled down by profit booking after a sharp spike up yesterday.
Bayer Crop slips 4.7% as negotiations on land deal fails
Bayer Cropscience touched an intraday high of Rs 797.80 and an intraday low of Rs 754. At 11:33 hrs the share was quoting at Rs 755, down Rs 37.35, or 4.71%. The negotiations on company's land deal with DB Realty gas failed due to market conditions, quoting Sources, reports CNBC-TV18.
Woolworth Dec '10 sales at Rs 35.34 crore
Woolworth (India) has reported a sales turnover of Rs 35.34 crore and a net loss of Rs 15.68 crore for the quarter ended Dec '10
Liquidity Adjustment Facility : Auction Results
Liquidity Adjustment Facility : Auction Results
Buy L&T; target of Rs 1665: IIFL
IIFL is bullish on L&T and has recommended buy rating on the stock with a target of Rs 1665 in its February 4, 2011 research report.
Nagarjuna Construction Q3 PAT seen up 29% at Rs 62 cr
Infrastructure firm Nagarjuna Construction is set to report standalone profit after tax at Rs 62 crore for the quarter ended December 2010, up 29% as compared to Rs 48 crore in same period the previous year.
Buy Chambal Fertilizers; target of Rs 78: IIFL
IIFL is bullish on Chambal Fertilizers and has recommended buy rating on the stock with a target of Rs 78 in its February 4, 2011 research report.
CBI gets 5-day remand of Raja, aides in 2G scam case
The Patiala House Court on Thursday granted the Central Bureau of Investigation (CBI) five-day custody of former telecom minister A Raja, his personal secretary RK Chandolia and former telecom secretary Siddharth Behuria.
Monster online job index up 7% year-on-year in Jan
A monthly gauge of online labor demand in the United States rose 7% in January compared to the same month a year ago, despite a decline the government employment.
US employment seen gaining speed, jobless rate up
US employment probably shifted into a higher gear in January to post a fourth straight month of gains, offering more evidence of a broadening economic recovery, though the jobless rate likely rose.
Balrampur Chini Oct-Dec qtr profit seen down at Rs 18 cr
Balrampur Chini Mills is set to announce its results for the quarter ended December 2010. It was the fifth quarter of the company as it has been changing accounting year from September to March.
Telecom cos Q3 results send out mixed signals
The December 2010 quarter results for Bharti Airtel and Idea Cellular sent a mixed signal.
Vodafone may sell spare towers to Bharti, Indus
Vodafone Essar may sell the telecom towers in the seven service areas outside the Indus Towers agreement to Bharti Airtel or Indus Towers, reports the Economic Times quoting company sources
Govt plans tougher norms in new telecom policy
India’s federal government plans to tighten norms for grant of licences and airwaves to service providers in a bid to induce transparency and provide a level-playing field to new and existing players, reports The Economic Times.
Committee of secretaries to discuss urea decontrol; stks up
Fertiliser stocks gained between 3-5% in today’s session on the buzz of a committee of secretaries meet on February 7 to discuss urea decontrol. At 10:58 hrs Chambal Fertilisers and Chemicals was quoting at Rs 76.70, up Rs 2.85, or 3.86%.
Montek says no to telcos getting into rural banking
India's Planning Commission deputy chairman Montek Singh Ahluwalia said that the commission is not in favour of allowing telecom operators to float banking companies as it could lead to financial problems, reports PTI.
Blackstone says portfolio value up, shares rise
Private equity and real estate investor Blackstone Group said the value of its investments increased sharply in the fourth quarter, boosting quarterly earnings and beating analysts' forecasts.
Religare Finvest sells 13 Lk shares of Evinix
Evinix Accessories has touched an intraday high of Rs 1.40 and an intraday low of Rs 1.31. At 10:48 pm, the share was quoting at Rs 1.34, down Rs 0.08, or 5.63%.
Nifty tests 5550 amid choppy trade; ONGC, SBI gain
Indian equities bounced back after a marginal cut seen in initial trade at 10:45 hours, supported by financial, metal, auto, Anil Dhirubhai Ambani Group and healthcare companies' shares.
