ITC Q3 net profit seen up 10% at 1,259 cr
Cigarette major ITC 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 10% at 1,259 crore as against Rs 1,144.2 crore on year-on-year basis.
BHEL Q3 profit after tax seen up 19.3% to Rs 1280 cr
State-run Bharat Heavy Electricals (BHEL) 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 by 19.3% to Rs 1,280 crore as against Rs 1,072.59 crore on year-on-year basis.
Suzlon Energy bags 218 MW order in Brazil; stock up
Suzlon Energy has bagged 218 MW order in Brazil, reports CNBC-TV18. It touched an intraday high of Rs 52.70 and an intraday low of Rs 51.75. At 09:38 hrs the share was quoting at Rs 52.60, up Rs 0.80, or 1.54%.
Apple tightens the screws on iPhone 4
Apple Inc is giving a whole new meaning to locking your phone with its new screws.
Lenovo, NEC in PC joint venture talks: Nikkei
China's Lenovo Group is in talks to take a controlling stake in the PC business of Japan's NEC Corp in a deal that would help it close the gap with larger global rivals, the Nikkei newspaper said.
Orientalist painting creates pre-auction buzz
An iconic 19th Century painting depicting an Ottoman Empire reserve soldier and his hunting dogs is generating buzz ahead of an auction next week, due to a rise in popularity of Orientalist art.
California governor declares fiscal emergency
California Governor Jerry Brown declared a state of fiscal emergency on Thursday for the government of the most populous US state to press lawmakers to tackle its USD 25.4 billion budget gap.
Raising the bar
Wine sales have risen 217% in 2010 over sales in 2009
Saude, Goa: Fifty years of Independence
Fifty years after its liberation from Portuguese rule, this tiny tourist state is rethinking its future again
Indian outsourcing has a house call
Indian outsourcing firms serving the US mortgage market suffered much in the crisis. Now they have found a comeback opportunity
Aditya Birla Group to buy US Company for $900 mn
The Aditya Birla Group is set to acquire US carbon black manufacturer Columbian Chemicals in a deal that could close as early as next week.
Pam Glatt Pharma sells 1.43 cr shares of Shree Ashtavinayak
On January 20, 2011 Pam Glatt Pharma Technologies Pvt Ltd sold 14,325,000 shares of Shree Ashtavinayak Cine Vision at Rs 6.70 on the NSE.
Ibc Knoledge Park buys 5.4 Lk shares of Mcnally Bh Engg
On January 20, 2011 Ibc Knoledge Park Private Limited bought 355,000 shares of at Rs 223.62 on the NSE and bought 187,000 shares at Rs 223.25 on the BSE. Yesterday the share closed at Rs 225.
Lotus Global sells 72.25 lakh shares of Assam Company
On January 20, 2011 Lotus Global Investments Ltd sold 7,225,000 shares of at Rs 18.95 on the NSE. However, Siriyari Tradecom Private Limited bought 7,225,000 shares at Rs 18.95 on the NSE. Yesterday the share closed at Rs 18.85.
Direct Investment sells 19.45 Lk shares of YES BANK
On January 20, 2011 Direct Investment Limited sold 1,945,000 shares of YES BANK at Rs 273.90 on the NSE. Yesterday the share closed at Rs 273.50.
Nifty choppy, awaits RIL, BHEL, ITC nos; Wipro dips
The benchmark Nifty retreated on Friday and shaved off yesteday's gains amid extreme volatility. The index was trying to hold 5700 level and the Sensex too with 19000-mark.
Wipro dips 3.7% post Dec qtr numbers
Wipro has reported Dec qtr net profit at Rs 1,319 crore as against Rs 1,276 crore, a growth of 3.4% on quarter-on-quarter basis (QoQ), reports CNBC-TV18. It touched an intraday high of Rs 466 and an intraday low of Rs 456.55. At 09:17 hrs the share was quoting at Rs 459.80, down Rs 17.70, or 3.71% on the NSE.
BPCL looks weak: Astromoneyguru
As per stars oil marketing companies may show weakness in stock market, says Ajay Jain of astromoneyguru.
Financials, telecom to outperform: Astrostocktips
Financial and telecom sectors will be receiving astrological support, says Satish Gupta of astrostocktips,
Rupee opens at 45.62 per dollar
The Indian rupee opened at 45.62 per dollar versus 45.53 yesterday.
Money Market Operations as on January 20, 2011
Money Market Operations as on January 20, 2011
Support for Nifty seen 5600: JM Financial
The weakness in the IT sector is a big concern for the bulls as in the past this is the segment that has bailed them out whenever the market was at support levels, says Gautam Shah of JM Financial.
Heavily underweight on India: GMO
At this point in time, we are heavily underweight both India and China in our emerging markets strategy, says Arjun Divecha of GMO.
China trader signs 2011 Iran crude deal, vol steady
Chinese state oil trader Zhuhai Zhenrong Corp has agreed with National Iranian Oil Company to buy 240,000 barrels per day of Iranian crude for 2011, the same amount as last year, a source with direct knowledge of the deal said.
Authorities right to probe Lloyds, RBS split
The head of Britain's Office of Fair Trading (OFT) put new pressure on bailed-out banks Lloyds and Royal Bank of Scotland on Thursday, saying authorities were right to examine splitting them up.
