Citigroup set to post fourth quarterly profit
Citigroup Inc, the bank that took USD 45 billion in US bailout funds during the financial crisis, is widely expected to report its fourth consecutive quarterly profit on Tuesday, signaling to investors that it has largely completed its recovery.
Economy and Korea on agenda for Obama-Hu summit
US President Barack Obama will host Chinese President Hu Jintao for a state visit on Tuesday in a crucial summit of the world's two biggest powers that some analysts have called the most important since Deng Xiaoping's visit 30 years ago.
Literary festival shows India's global role
Asia's largest literary festival kicks off this weekend in a historic Indian city, a testament to the growing global influence of Indian literature and its appeal to both publishers and authors.
Boeing 787 resumes certification tests
Boeing Co resumed certification tests of its 787 Dreamliner on Monday for the first time since an in-flight electrical fire in November knocked those trials off schedule.
Keynote Capitals buys 2.2 lakh shares of Shetron
On January 17, 2011 Keynote Capitals Limited bought 220,000 shares of Shetron at Rs 20.50 on the BSE. However, Padmakshi Financial Services Limited sold 220,000 shares at Rs 20.50. Yesterday the share closed at Rs 20.50.
Jaipur literary festival to show India's global role
Asia's largest literary festival kicks off this weekend in a historic city, a testament to the growing global influence of Indian literature and its appeal to both publishers and authors.
GAIL scouts for US shale gas assets
State-run gas firm GAIL (India) is scouting for shale gas assets in the United States and is willing to invest around USD 400- USD 500 million, the Mint newspaper reported, citing two unnamed people familiar with the development.
Infosys to appeal tax demand on onshore work
Infosys Technologies Ltd on Tuesday said it will appeal an income tax department order demanding India's No. 2 software firm pay Rs 4.57 crore (USD 100 million) in tax for work done onshore.
IOC says puts out fire at lube oil unit
State-run Indian Oil Corp (IOC) has completely put out a fire at its Taloja depot, its chairman BM Bansal said on Tuesday.
Aries Agro to consider interim dividend
Aries Agro has its Board of Directors meeting on January 28, 2011 to consider interim dividend for the financial year 2010-11.
Sensex hovers around 19K; TCS, Wipro, SBI, ICICI Bank up
At 11:56 hours IST - the benchmark Sensex was hovering around 19000 level, with about 100 points gains led by support from technology, metal, auto, FMCG, financial (barring HDFC, HDFC Bank) and select healthcare companies' shares.
HDFC Mutual Fund sells bank, consumer non-durables; buys IT
HDFC Mutual Fund has slashed its exposure in the banking & financial services, consumer non-durables and food & beverages sectors, while increased its weightage in information technology, cement & construction and oil & gas space.
Liquidity Adjustment Facility : Auction Results
Liquidity Adjustment Facility : Auction Results
Sell Sun TV Network; target of Rs 472: Aditya Birla Money
Aditya Birla Money is bearish on Sun TV Network and has recommended sell rating on the stock with a target of Rs 472 in its January 18, 2011 research report.
Buy Axis Bank; target of Rs 1601: KRChoksey
KRChoksey is bullish on Axis Bank and has recommended buy rating on the stock with a target of Rs 1601 in its January 17, 2011 research report.
Buy JB Chemicals; target of Rs 150: Bonanza
Bonanza is bullish on JB Chemicals and Pharmaceuticals and has recommended buy rating on the stock with a target of Rs 150 in its January 15, 2011 research report.
Tata Power tumbles 3%
Tata Power Company touched an intraday high of Rs 1,356.90 and an intraday low of Rs 1,296.35. At 11:10 hrs the share was quoting at Rs 1,301.90, down Rs 42.15, or 3.14%.
Reliance Infrastructure top loser on Nifty
Reliance Infrastructure was the top loser on the Nifty. It touched a 52-week low of Rs 710.20. At 10:57 hrs the share was quoting at Rs 712.20, down Rs 22.70, or 3.09%.
Goldman to Exclude US from Facebook Placement
Goldman Sachs will limit its private placement of shares of social networking site Facebook to investors outside the United States, citing "intense media coverage," the investment bank said.
GAIL Q3 profit after tax seen up 18.2% at Rs 945 cr
State-run GAIL is set to announce its results for the quarter ended December 2010. According to CNBC-TV18 estimates, its profit after tax (PAT) is expected to go up by 18.2% at Rs 945 crore as against Rs 859.9 crore on year-on-year basis.
Sensex northbound; HDFC, Rel Infra, JSPL, DLF slip
At 10:41 hours IST - equity benchmarks were holding their key psychological levels - the Nifty was above 5700-mark and the Sensex above 19,000 level. Technology, banking, metal, FMCG, cement and capital goods companies' shares .
SRF likely to get 3.8 mn CERs worth Rs 270cr; stk up
SRF is likely to get 3.8 million CERs worth nearly Rs 270 crore, quoting Sources, reports CNBC-TV18. It touched an intraday high of Rs 325.25 and an intraday low of Rs 315.15. At 10:29 hrs the share was quoting at Rs 322.15, up Rs 8.80, or 2.81%.
Thinksoft Global signs MoU with TalentSprint; stk gains 8%
Thinksoft Global Services has signed MoU with TalentSprint, reports CNBC-TV18. It touched an intraday high of Rs 90.80 and an intraday low of Rs 77.50. At 10:20 hrs the share was quoting at Rs 83.65, up Rs 6.25, or 8.07%.
Jindal Power looks to raise Rs 7,000 cr via IPO
Jindal Power (JPL) is looking to mop up Rs 7,000 crore with its initial public offering (IPO) which is set to hit the market by April this year.
Crest Animation gains 10.7%
Crest Animation Studios touched an intraday high of Rs 72.10 and an intraday low of Rs 65. At 09:51 hrs the share was quoting at Rs 70.60, up Rs 6.85, or 10.75%.
