Food price jumps 16.91% YoY on Jan 1
The food price index rose 16.91% and the fuel price index climbed 11.53% in the year to January 1, government data on Thursday showed.
Elecon Eng bags order worth Rs 24.83 crore
Elecon Engineering has bagged order worth Rs 24.83 crore from S.K.Samanta for design, engineering, manufacturing, supplying etc.
IPO norms for life insurance cos will be ready by February
Public float guidelines for life insurance companies will only be ready by February, according to the Insurance Regulatory and Development Authority Chairman, Mr J Hari Narayan.
Hind Motors to restructure share capital; stock up 11.2%
Hindustan Motors has got court approval for restructuring of share capital, reports CNBC-TV18. It touched an intraday high of Rs 25.15 and an intraday low of Rs 22.15. At 12:01 hrs the share was quoting at Rs 24.75, up Rs 2.50, or 11.24%.
Infosys Q3 upsets, economic worries hit outlook: Experts
Infosys Technologies' weaker than expected results sparked concerns over growth rates of India's showpiece outsourcing sector as the company flagged a sluggish global economic recovery and currency volatility.
Buy Bajaj Electricals; target of Rs 325: IIFL
IIFL is bullish on Bajaj Electricals and has recommended buy rating on the stock with a target of Rs 325 in its January 12, 2011 research report.
Liquidity Adjustment Facility : Auction Results
Liquidity Adjustment Facility : Auction Results
Sequoia Capital Picks Up Stake In Ess Dee Aluminium
Sequoia Capital India has picked up a stake in Ess Dee Aluminium Ltd., which makes packaging materials used by pharmaceutical companies, from the open market.
BSE Sensex dips 0.2%; Infosys falls more than 3%
The BSE Sensex dropped 0.2% in early trade on Wednesday, hurt by lower than expected quarterly earnings from Infosys Technologies.
Rupee hits one and half week peak; retreats on share fall
The rupee touched one-and-half-week highs early on Thursday, boosted by overnight losses in the dollar, but soon retreated tracking weak domestic shares, which added to worries of more foreign fund withdrawals.
Malaysian badminton coach asked to reconsider resignation
Malaysian badminton coach asked to reconsider resignationThe Badminton Association of Malaysia (BAM) has urged national coach Misbun Sidek to reconsider his shock resignation for the sake of the country's Olympic prospects.
Accumulate Pfizer; target of Rs 1193: Emkay
Emkay Global Financial Services is bullish on Pfizer and has recommended accumulate rating on the stock with a target of Rs 1193 in its January 12, 2011 research report.
Buy ILandFS Trans; target of Rs 321: Asit C. Mehta
Asit C. Mehta is bullish on ILandFS Transportation Networks and has recommended buy rating on the stock with a target of Rs 321 in its January 12, 2011 research report.
Career Point in MoU with Gujarat govt; stock up 3%
Career Point Infosystems signed MoU with Gujarat govt to set up educational institutions, reports CNBC-TV18. It touched an intraday high of Rs 385 and an intraday low of Rs 365.15. At 11:20 hrs the share was quoting at Rs 373.05, up Rs 10.65, or 2.94%.
Buy Syndicate Bk; target of Rs 118-120: Aditya Birla Money
Aditya Birla Money is bullish on Syndicate Bank and has recommended buy rating on the stock with a target of Rs 118-120 in its January 13, 2011 research report.
IOC not hit by Iran crude payments row: Chairman
Indian Oil Corp has so far been unaffected by an oil payments row with Iran but could turn to the spot market if there is any disruption to imports, the company's chairman said on Thursday.
Buy HPCL; target of Rs 420/435: Aditya Birla Money
Aditya Birla Money is bullish on Hindustan Petroleum Corporation (HPCL) and has recommended buy rating on the stock with a target of Rs 420/435 in its January 13, 2011 research report.
Sensex southbound amid volatility; TCS, ONGC, Wipro up
At 11:08 hours IST - equity benchmarks extended losses on the back of further sell-off in IT bellwether Infosys' shares followed by financial and healthcare companies' shares. NTPC, ITC, BHEL, Tata Steel, Hero Honda and Bharti Airtel also added more pressure on markets.
Buy Mah and Mah; target of Rs 880: Emkay
Emkay Global Financial Services is bullish on Mahindra and Mahindra and has recommended buy rating on the stock with a target of Rs 880 in its January 12, 2011 research report.
Ambuja Cements top gainer on Nifty
Ambuja Cements was the top gainer on the Nifty. It touched an intraday high of Rs 133.50 and an intraday low of Rs 129. At 10:55 hrs the share was quoting at Rs 133.20, up Rs 4.60, or 3.58%.
Infosys Technologies has support at Rs 3162: Anu Jain
Infosys Technologies has support at Rs 3162, says Anu Jain, IIFL Private Wealth Mgmt, IIFL.
Add Patni Computer Systems; target of Rs 484: IIFL
IIFL has recommended add rating on Patni Computer Systems with a target of Rs 484 in its January 11, 2011 research report.
Nikkei hits 8 month high on Wall St, easing euro zone fears
The Nikkei stock average rose to a fresh eight-month for a second straight day on Thursday, after a successful bond auction in Portugal eased fears about the euro zone's debt crisis and boosted European and US stocks.
Govt to ban exports of wheat products: Report
The government may ban wheat product exports in a series of measures to tame spiralling food prices that have fuelled rapid inflation and increased pressure on an embattled ruling Congress party, local media said.
