Consumer electronics giant Sony India said it expects to witness a 54 per cent jump in sales to Rs 5,700 crore this fiscal on the back of its enhanced distribution network, aggressive marketing campaign and newly launched products, according to a report The Economic Times.
Consumer durables firm Hitachi said it will launch the country's most energy efficient -- five-star rated -- window air conditioners this month, according to a report in The Economic Times.
The Indian arm of Korean consumer durable major Samsung posted a turnover of $3.5 billion (over Rs 15,935 crore) during 2010 and has set a growth target of 40 percent this year, Samsung India deputy managing director Ravinder Zutshi was quoted in The Economic Times.
TTK Prestige plans to invest Rs 250-crore in its kitchenware range over a period of 20-months, the Group's chairman and managing director, TT Jagannathan said, according to a report in The Economic Times.
Blue Star, announced its foray into the residential segment from the coming summer with a wide range of air-conditioners, according to The Economic Times.
PPF as a tax saver and investment option
India's largest mortgage lender Housing Development Finance Corp. (HDFC) is picking up a stake in Indus World Schools for Rs 50 crore, a chain promoted and run by education firm Career Launcher (CL).
Reserve Bank of India - Bulletin Weekly Statistical Supplement - Extract
Hindustan Copper Q3 net profit was at Rs 80.7 crore.
Networth Stock Broking is bullish on Bharti Airtel and has recommended buy rating on the stock with a target of Rs 392 in its February 3, 2011 research report.
Chennai based thin client manufacturer Novatium Solutions Private Ltd, which counts New Enterprise Associates and Ericsson as investors, has inducted former Tata Sky executive vice-president Anurag Agrawal as its India CEO.
Cipla Q3 net profit was down at Rs 232.7 crore versus Rs 289 crore, YoY. The company's net sales were at Rs 1,501.4 crore versus Rs 1,344.2 crore, YoY.
Adhunik Power and Natural Resources Limited (APNRL), a unit of Adhunik Group of Companies, will set up one Super Thermal Power plant in Jharkhand following the completion of the first project of 4 x 270 MW power plant at Padampur in Saraikela-Kharswan district.
The Ghoghamba Vibhag Nagrik Sahakari Bank Ltd., Ghoghamba, Dist. Panchmahal- Penalised
The Janata Co-op. Bank Ltd., Godhra, Dist. Panchmahal - Penalised
Foreign Exchange Turnover Data
Government Stock - Auction Results
Bears embraced the Dalal Street on Friday by taking complete charge over bulls and forced the benchmark Nifty to shut shop below 5400 level - another important psychological level - for the first time since July 30, 2010.
Bata India has its Board of Directors meeting on February 23, 2011 to consider dividend on equity shares for financial year ended December 31, 2010.
The party continues for the auto industry with most auto majors reporting strong growth numbers in the first month of the new year. According to moneycontrol.com, automobile sales saw robust growth with most majors from the space posting significantly higher numbers.
Sushil Finance is bullish on Transformers and Rectifiers India and has recommended buy rating on the stock with a target of Rs 398 in its January 31, 2011 research report.
Andhra Bank has increased its Benchmark Prime Lending Rate (BMPLR) upward by 50 basis points i.e 13.25% from 13.75% with effect from February 05, 2011
Motorcycle maker Bajaj Auto has announced an 18% spike in its 2011 January sales numbers, according to a report in The Economic Times. Growing demand for the Pulsar and Discover models from the motorcycle makers stable have led to the increase.
Buy Suzlon Energy at around Rs 46, says Jitendra Mehta, Edelweiss.
Rane Holdings has fixed February 15, 2011 as the 'Record Date' for interim dividend.