Abhijeet Power to file for $333 mn IPO by early
Nagpur-based Abhijeet Power is in advanced stages of seeking regulatory approval for an initial public offering of up to 15 billion rupees and expects to file papers by early February, a senior official told Reuters.
SBI takes a dip
State Bank of India (SBI) touched an intraday high of Rs 2,674 and an intraday low of Rs 2,564. At 14:49 hrs the share was quoting at Rs 2,577, down Rs 87.75, or 3.29%.
Sensex plunges; Infy, SBI, ICICI Bk, RIL, NTPC tumble
At 14:45 hours IST - gains made by the benchmark Nifty yesterday washed out completely in today's trade, led by profit booking in financials. Infosys was the leading dragger with nearly 5% fall,.
BGR Energy qtr PAT seen up 85.4% at Rs 78cr: Angel
Angel Broking has come out with its earning estimates on capital goods for the quarter ended December 2010. According to the research firm, BGR Energy December quarter sales are expected to go up by 90% to Rs 1207 crore, Year-on-Year, (Y-o-Y) basis.
ICICI Bank slips on profit booking
ICICI Bank touched an intraday high of Rs 1,070 and an intraday low of Rs 1,018. At 14:33 hrs the share was quoting at Rs 1,023, down Rs 45.90, or 4.29%.
Buy Apollo Hospital; target of Rs 541: Firstcall Research
Firstcall Research is bullish on Apollo Hospitals Enterprises and has recommended buy rating on the stock with a target of Rs 541 in its January 13, 2011 research report.
UK's just-eat buys 60% stake in restaurant listings site
UK-based online ordering service Just-Eat has acquired a 60% stake in Bangalore-based startup Achindra Online Marketing Pvt Ltd which runs the online restaurant listings and ordering website Hungryzone.com.
Heritage Foods revokes 20 lakh shares pledge with ICICI Bank
Heritage Foods has revoked 20 lakh shares pledged with ICICI Bank as a collateral security for the loan availed by the company on November 03, 2008.
BlackBerry-maker gives India solution for Messenger access
BlackBerry-maker Research In Motion (RIM) said on Thursday it had given a solution ahead of a January 31 target date that enables Indian wireless carriers lawful access to consumer services including the BlackBerry Messenger, but excluding access to corporate emails.
Govt approves 19 FDI proposals worth Rs 4,340cr
Tata Steel, the world's No 7 steelmaker, has received government approval to raise Rs 1100 crore through issue of warrants to overseas investors, the Press Information bureau said in a statement on Thursday.
Mahindra Lifespaces to establish a Mahindra World City at Dholera SIR
Mahindra Lifespaces to establish a Mahindra World City at Dholera SIR.
Maharashtra Seamless enters into power purchase agreement with NTPC Vidyut Vyapar Nigam
Maharashtra Seamless has entered into power purchase agreement with NTPC Vidyut Vyapar Nigam for 'Solar Photovoltaic Power Project'.
Larsen & Toubro exports first Nuclear Equipment to USA
Larsen & Toubro has exported first Nuclear Equipment to USA.
RIL Dec qtr PAT seen up 38% at Rs 5535cr: Angel
Angel Broking has come out with its earning estimates on the oil & gas sector for the quarter ended December 2010. According to the research firm, RIL December quarter net sales are expected to go up by 20.2% to Rs 68,347 crore, Year-on-Year, (Y-o-Y) basis.
Mukherjee says no need to panic on inflation
Finance Minister Pranab Mukherjee said on Thursday there is no need for unnecessary panic on inflation.
ONGC Dec qtr PAT seen up 79% at Rs 5475cr: Angel
Angel Broking has come out with its earning estimates on the oil & gas sector for the quarter ended December 2010. According to the research firm, ONGC December quarter net sales are expected to go up by 19.2% to Rs 18,488 crore, Year-on-Year, (Y-o-Y) basis.
Petronet LNG Dec qtr PAT seen up 64% at Rs 137cr: Angel
Angel Broking has come out with its earning estimates on the oil & gas sector for the quarter ended December 2010. According to the research firm, Petronet LNG December quarter net sales are expected to go up by 50.4% to Rs 3,376 crore, Year-on-Year, (Y-o-Y) basis.
Gujarat Gas Dec qtr PAT seen up 19% at Rs 54cr: Angel
Angel Broking has come out with its earning estimates on the oil & gas sector for the quarter ended December 2010. According to the research firm, Gujarat Gas December quarter net sales are expected to go up by 26.4% to Rs 488 crore, Year-on-Year, (Y-o-Y) basis.
GSPL Dec qtr PAT seen down 19% at Rs 93cr: Angel
Angel Broking has come out with its earning estimates on the oil & gas sector for the quarter ended December 2010. According to the research firm, GSPL December quarter net sales are expected to go down by 4.4% to Rs 257 crore, Year-on-Year, (Y-o-Y) basis.
Gail Dec qtr PAT seen up 8% at Rs 930cr: Angel
Angel Broking has come out with its earning estimates on the oil & gas sector for the quarter ended December 2010. According to the research firm, Gail December quarter net sales are expected to go up by 33.7% to Rs 8,276 crore, Year-on-Year, (Y-o-Y) basis.
Cairn India Dec qtr PAT seen up 486% at Rs 1706cr: Angel
Angel Broking has come out with its earning estimates on the oil & gas sector for the quarter ended December 2010. According to the research firm, Cairn India December quarter net sales are expected to go up by 509.3% to Rs 3,019 crore, Year-on-Year, (Y-o-Y) basis.
Mercator Lines board approves allotment of shrs to founders
Mercator Lines board has approved allotment of 89 lakh shares at Rs 55 per share to founders, quoting DowJones, reports CNBC-TV18. It touched an intraday high of Rs 51.05 and an intraday low of Rs 49.10. At 13:25 hrs the share was quoting at Rs 50.20, up Rs 0.85, or 1.72%.
FIPB approves Tata Steel's Rs 1110cr warrant issue
Tata Steel approved company's Rs 1,110 crore warrant issue, reports CNBC-TV18. It touched an intraday high of Rs 655.70 and an intraday low of Rs 636.25. At 13:18 hrs the share was quoting at Rs 638.20, down Rs 11.10, or 1.71%.
Financials, IT drag Nifty below 5800; RIL, NTPC, L&T dip
At 13:07 hours IST - equity benchmarks wiped out all their yesterday's gains, pulled down by banking, technology, healthcare, FMCG and infrastructure companies' shares along with heavyweight Reliance Industries.
Abhijeet Power to file for $333 mn IPO by early-Feb
Nagpur-based Abhijeet Power is in advanced stages of seeking regulatory approval for an initial public offering of up to Rs 1500 crore and expects to file papers by early February, a senior official told Reuters.
