Axis Bank Dec qtr PAT seen up 20% at Rs 785cr: KRChoksey
KRChoksey has come out with its earning estimates on banking sector for the quarter ended December 2010. According to the research firm, Axis Bank December quarter net interest income (NII) are expected to go up by 24% to Rs 1670 crore, Year-on-Year, (Y-o-Y) basis.
Act natural, and take your hands off the device
Tech visionaries have long dreamed of the day when PCs, TVs and phones can be controlled with a wave of the hand or even the blink of an eye.
NBA: Kobe and Lakers blow out Knicks 109-87
The Los Angeles Lakers shut down the high-energy New York Knicks to power to their fourth straight victory in a 109-87 triumph on Sunday.
Buy Tata Motors (DVR): Bonanza
Bonanza is bullish on Tata Motors (DVR) and has recommended buy rating on the stock in its January 8, 2011 research report.
Glenmark Dec qtr PAT seen up 6.6% at Rs 111cr: Emkay
Emkay Global Financial Services has come out with its earning estimates on pharma sector for the quarter ended December 2010. According to the research firm, Glenmark December quarter sales are expected to go up by 19.8% to Rs 770.4 crore, Year-on-Year, (Y-o-Y) basis.
Emerging markets growth, inflation pick up in Q4: HSBC
The pace of growth in emerging markets quickened in the fourth quarter of 2010, thanks to a rebound in manufacturing, HSBC's quarterly index showed on Monday, but input costs hit 2-½ year highs.
Supreme Court tightens screw on telcos
The Supreme Court on Monday asked several telecoms firms, including the local units of Telenor and Etisalat, why their licences should not be revoked, adding to regulatory uncertainty in the sector.
Bajaj Auto loses further ground
Bajaj Auto touched an intraday high of Rs 1,333.50 and an intraday low of Rs 1,258. At 15:11 hrs the share was quoting at Rs 1,259.85, down Rs 57.15, or 4.34%.
Aurobindo Pharm Dec qtr PAT seen up at Rs 156.9cr: Emkay
Emkay Global Financial Services has come out with its earning estimates on pharma sector for the quarter ended December 2010. According to the research firm, Aurobindo Pharm December quarter sales are expected to go up by 23% to Rs 1125.9 crore, Year-on-Year, (Y-o-Y) basis.
Sensex slips over 2%; heavyweights crash
At 15:07 hours IST - the benchmark Sensex shed more than 400 points on heavy sell-off in oil & gas, capital goods, financial, auto and select technology companies' shares.
Ipca Labs Dec qtr PAT seen up 14.8% at Rs 68.4cr: Emkay
Emkay Global Financial Services has come out with its earning estimates on pharma sector for the quarter ended December 2010. According to the research firm, Ipca Labs December quarter sales are expected to go up by 20.3% to Rs 476.2 crore, Year-on-Year, (Y-o-Y) basis.
GAIL India declines 4.4%
GAIL India touched an intraday high of Rs 527.95 and an intraday low of Rs 500. At 15:06 hrs the share was quoting at Rs 501.15, down Rs 23.05, or 4.40%.
Cadila Health Dec qtr PAT seen up 31.8% at Rs 168cr: Emkay
Emkay Global Financial Services has come out with its earning estimates on pharma sector for the quarter ended December 2010. According to the research firm, Cadila Health December quarter sales are expected to go up by 16.4% to Rs 1153.7 crore, Year-on-Year, (Y-o-Y) basis.
Hero Honda top loser on Nifty
Hero Honda Motors was the top loser on the Nifty. It touched an intraday high of Rs 1,885.00 and an intraday low of Rs 1,777. At 15:06 hrs the share was quoting at Rs 1,784.30, down Rs 95.55, or 5.08%.
Shekhawati Poly-Yarn: Basis of allotment
Textile firm Shekhawati Poly-Yarn raised Rs 36 crore through its initial public offering of 1.2 crore equity shares at a fixed price of Rs 30 a share. The issue constituted 54.54% of the fully diluted post-issue capital of company.
MindTree launches contract pricing framework using IBM WebSphere Commerce
MindTree has launched contract pricing framework using IBM WebSphere Commerce to help business reduce eCommerce development and implementation cycles.
Peninsula Land Dec qtr PAT seen dn at Rs 47.8cr:PLilladher
Prabhudas Lilladher has come out with its earning estimates on Real Estate sector for the quarter ended December 2010. According to the research firm, Peninsula Land quarter sales are expected to go down by 49.9% at Rs 126.2 crore, Year-on-Year, (YoY) basis.
JMD Telefilms Inds enters into new business of Mobile Value Added Services (MVAS)
JMD Telefilms Inds has entered into Rs 15000 crore Mobile Value Added Services (MVAS) industry.
Avoid Midvalley Entertainment IPO: MLR Securities
The Rs 60-crore initial public offering (IPO) of South based media & entertainment company Midvalley Entertainment opened for subscription. MLR Securities has recommended avoiding the issue, in its research report.
Hind Dorr-Oliver denies news of buying stake by Piramal Group in co
Hindustan Dorr-Oliver has denied the news of buying a majority stake by Piramal Group in the company.
Ind-Swift Labs to up capacity by 40%: Interview
Active pharmaceutical ingredients (APIs) maker Ind-Swift Laboratories plans to raise its manufacturing capacity by 40% over the next two years as it looks to add a number of new products to its basket, its managing director said.
India gold traders stock-up after last week's fall
India's gold buying continued on Monday afternoon after prices fell 1.8% in the previous week, as traders sought to stock in anticipation of the upcoming harvest festival and on wedding demand, dealers said.
Artson Engineering bags order worth Rs 32 crore
Artson Eng has bagged order worth Rs 32 crore for mechanical works for Bhagyam field development project at Barmer, Rajasthan on- shore oil fields.
HDFC Bank dips further
HDFC Bank touched an intraday high of Rs 2,270 and an intraday low of Rs 2,165. At 14:14 hrs the share was quoting at Rs 2,170.95, down Rs 97.40, or 4.29%.
Nifty nosedives; ICICI Bk, HDFC Bk, L&T, BHEL plunge
At 14:09 hours IST - the 50-share NSE Nifty slipped below 5800-mark again, led by selling in almost all sectors. About 45 shares declined as against one share advanced on Nifty.
