The rupee was largely steady in the afternoon session on Tuesday as dollar demand from oil firms offset positives following domestic share gains.
Belgium's Kim Clijsters inflicted the dreaded 'double bagel' on Russian Dinara Safina with a 6-0 6-0 first round blowout at the Australian Open on Tuesday.
Reliance Comm has drawn down external commercial borrowing (ECB) of Rs 1155 crore for 3G spectrum refinancing.
India is currently considered the largest emerging market for microfinance institutions (MFIs).
Indian benchmarks rallied smartly on Tuesday on the back of good third quarter earnings from TCS and strong European cues. Technology, financial and metal companies' shares drove the 50-share NSE Nifty to settle the session above 5700 level, with gain of 69 points at 5724.
Competency profiling is the process of identifying the knowledge, skills, abilities, attitudes, and judgment required for effective performance in a particular occupation. The competencies in a model may be organized in a variety of formats, but no one approach is inherently best.
Prabhudas Lilladher is bullish on Tata Consultancy Services (TCS) and has recommended buy rating on the stock with a target of Rs 1400, in its January 18, 2011 research report.
‘The January effect is a popular phenomenon in the US, historically, this has held its mettle in the S&P500 which is traded on the US markets, it would be interesting to juxtapose this within the Indian Markets.
3i Infotech has won contract from Manipal Health Enterprises to provide end-to-end IT Infra solutions.
Halcyon Finance and Capital Advisors Private Limited, a turnaround specialist, has acquired hospital management services firm Integrated Health and Healthcare Services India Private Limited (IHHS) for $44.4 million (Rs 202 crore) through its Singapore based subsidiary Infrahealth Pte Ltd.
Private sector lender Axis Bank has announced its results for the quarter ended December 2010. Commenting on the results, Kajal Jain, Chief Manager, Research, ICICI Direct says, the numbers are quite strong. “We have maintained the target of Rs 1,520,” she says.
Nagarjuna Construction arm buys 55% stake in Nelcast Energy Corporation, reports CNBC-TV18. It touched an intraday high of Rs 116.80 and an intraday low of Rs 113.50. At 15:21 hrs the share was quoting at Rs 116.20, up Rs 3.40, or 3.01%.
KRChoksey is bullish on Zee Entertainment Enterprises and has recommended buy rating on the stock with a target of Rs 154 in its January 17, 2011 research report.
"The King's Speech", in which Colin Firth plays the stammering King George VI, won 14 BAFTA nominations on Tuesday, ahead of ballet drama "Black Swan" which garnered 12.
Hutchison Whampoa plans to spin off a unit, in a move that could help it raise USD 6 billion and expand its port and infrastructure portfolio.
India's gold futures extended gains for a third day on Tuesday afternoon, touching a level seen late last week, keeping traders away from placing fresh deals as they awaited direction from the rupee, dealers said.
Asian hedge funds, starved for capital since the financial crisis in 2008, are beginning to make a tactical sojourn to markets abroad, directly chasing clients in the United States and Europe to gather the elusive assets.
Trade Minister Anand Sharma said on Tuesday monetary policy may not be the right tool to fight high food inflation, in a strong political signal against a rate hike in next week's Reserve Bank policy review.
New world number four Graeme McDowell has reaffirmed his goal of continuing his rapid rise up the rankings until he eventually takes over the top spot.
Digital marketing company Ybrant Digital Ltd has raised USD 48 million from four investors including Oak Investment Partners, Asia Pacific Capital, ICICI Bank and a US-based firm, a top official told Reuters on Tuesday.
Emkay Global Financial Services is bullish on Larsen and Toubro and has recommended buy rating on the stock with a target of Rs 2015 in its January 17, 2011 research report.
Deccan Chronicle Holdings has board meet on January 24 to consider merger of Deccan Chargers with self, reports CNBC-TV18. It touched an intraday high of Rs 101.50 and an intraday low of Rs 99. At 14:58 hrs the share was quoting at Rs 101, up Rs 2, or 2.02%.
Ybrant Digital, the global digital marketing company, has raised $48 million round of fresh financing as combination of debt and equity, sources close to the development told VCCircle.
British media group Pearson Plc is acquiring Bangalore-based education services firm TutorVista Global Pvt Ltd by increasing its stake to 76% for $127 million. Pearson had picked up around a 17% stake in TutorVista in June 2009 and with this deal has invested a total of around $139 million in the firm.
Rel Comm has drawn down USD 255 million (Rs 1155 crore) by way of ECB to part refinance 3G Spectrum fee payment to DoT.