Sensex, Nifty plunge 4.2% this week
All major indices were on sellers' radar. The BSE Capital Goods and Bankex were down over 5.5%. Oil & Gas and Real Estate indices fell 5% each.
Amara Raja Batteries to consider special dividend
Amara Raja Batteries has its Board of Directors meeting on January 24, 2011 to consider special dividend.
GlaxoSmithkline to consider dividend
GlaxoSmithkline has its Board of Directors meeting on February 02, 2011 to consider dividend for the year ended December 31, 2010.
Sacheta Metals to allot shares to proposed Preferential Allottes
Sacheta Metals has its Board of Directors meeting on January 15, 2011 to allot shares to proposed Preferential Allottes.
Sun Tv Network; February 3, 2011 record date for interim dividend
Sun Tv Network has fixed February 3, 2011 as the 'Record Date' for interim dividend.
Singer India promoters sell 2433 equity shares
Singer India promoters have sold 2433 equity shares on January 13, 2011 in the secondary market.
JMD Telefilms launches specific MOBILE VAS services
JMD Telefilms has launched specific MOBILE VAS services.
Kansai Nerolac Paints divest its 49% stake in Nipa Chemicals for Rs 25.72 crore
Kansai Nerolac Paints has divested its 49% stake in Nipa Chemicals an unlisted Indian Co, for an amount of Rs 25.72 crore.
Kaushik Basu sees lower January inflation
The annual headline inflation in January is seen lower than that in December, Chief Economic Adviser to the Finance Ministry Kaushik Basu said on Friday.
Orient Global Makes Partial Exit From Yes Bank
Orient Global has initiated the second round of part exit from Yes Bank. The private equity fund that had invested Rs 330 crore in December 2007 has pocketed an estimated 18% return on its three year old investment in latest share sale at Rs 265 per share.
Sensex nosedives, breaches 19K; auto, banks, metals dip
At 14:52 hours IST - equity benchmarks broke key psychological levels today - the Sensex breached the 19,000-mark and the Nifty was trading well below 5700 level, which was the strong support, say experts.
Sell GRUH Finance; target of Rs 374: Asit C. Mehta
Asit C. Mehta is bearish on GRUH Finance and has recommended sell rating on the stock with a target of Rs 374 in its January 14, 2011 research report.
Blackstone-backed Intelenet To Delist Sparsh BPO Services
Blackstone-backed BPO firm Intelenet Global, has made an offer to buyout 25.06% it does not own in stock exchange-listed outsourcing firm Sparsh BPO Services Ltd with a floor or minimum price of Rs 68.6 per share.
Tata Motors among major losers
Tata Motors was among major losers on the Nifty. It touched an intraday high of Rs 1,225 and an intraday low of Rs 1,176. At 14:45 hrs the share was quoting at Rs 1,178.70, down Rs 58, or 4.69%.
Axis Bank loses further ground
Axis Bank touched an intraday high of Rs 1,279 and an intraday low of Rs 1,201.10. At 14:41 hrs the share was quoting at Rs 1,202.05, down Rs 67.15, or 5.29%.
Is the insurer liable in case of a suicide?
On a dark winter evening, while rushing home after a hectic day in office, I received a hassled call from my little daughter who, on the other side of the phone said, “ Mummy my friend Mansi’s father has died.” I was surprised no end but did not have the courage to talk further.
TCS Q3 PAT seen up 5% at Rs 2203 cr
Tata Consultancy Services, TCS is to announce it third quarter results. According to CNBC-TV18 estimates, its revenues are seen up 3.96% to Rs 9653.82 crore, quarter-on-quarter, QoQ.
Buy TTK Prestige; target of Rs 1750: Firstcall Research
Firstcall Research is bullish on TTK Prestige and has recommended buy rating on the stock with a target of Rs 1750 in its January 13, 2011 research report.
Nifty erases gains, turns choppy; SBI, HDFC, L&T, RIL dip
At 14:14 hours IST - equity benchmarks slipped in red again, after showing smart recovery of 300 points on the Sensex from day's low in last couple of hours. Heavyweights like HDFC, L&T, Reliance Industries, SBI, HDFC Bank, Tata Motors and BHEL dragged the markets down.
Buy Everonn Education; target of Rs 615: IIFL
IIFL is bullish on Everonn Education and has recommended buy rating on the stock with a target of Rs 615 in its January 14, 2011 research report.
Viceroy Hotels okays to hive off B'lore proj division
Viceroy Hotels board has okayed hiving off Bangalore project division via slump sale, reports CNBC-TV18. It touched an intraday high of Rs 40.70 and an intraday low of Rs 37.70. At 14:11 hrs the share was quoting at Rs 40.25, up Rs 1.45, or 3.74%.
Hindustan Media declares Q3 results; stk gains 2.7%
Hindustan Media Ventures Q3 net profit was at Rs 11.7 crore versus Rs 4.3 crore, YoY. Its net sales were at Rs 131 crore versus Rs 41.3 crore, YoY, reports CNBC-TV18. It touched an intraday high of Rs 177 and an intraday low of Rs 173. At 14:07 hrs the share was quoting at Rs 175, up Rs 4.75, or 2.79%.
One million people hit by severe floods in Sri Lanka
Severe flooding in Sri Lanka has disrupted the lives of around one million people and forced hundreds of thousands to seek refuge in relief camps, aid workers say.
Make mistakes, then learn: Why it happens with money?
Money makes the world go round. Managing money is not on the top of everyone’s mind – some do not think about it, others think that working hard to get the money is tiring enough – but even so, it remains just there: in the mind.
Amara Raja board meets to consider special dividend; stk up
Amara Raja Batteries has board meeting to consider 1-time special dividend on January 24, reports CNBC-TV18. It touched an intraday high of Rs 196 and an intraday low of Rs 183.15. At 13:57 hrs the share was quoting at Rs 192, up Rs 8.40, or 4.58%.
