Pfizer Dec qtr PAT seen up 17.3% at Rs 49.9cr: Emkay
Emkay Global Financial Services has come out with its earning estimates on pharma sector for the quarter ended December 2010. According to the research firm, Pfizer December quarter sales are expected to go up by 11.1% to Rs 227.5 crore, Year-on-Year, (Y-o-Y) basis.
GlaxoSmithKline Dec qtr PAT seen up at Rs 119.9cr: Emkay
Emkay Global Financial Services has come out with its earning estimates on pharma sector for the quarter ended December 2010. According to the research firm, GlaxoSmithKline December quarter sales are expected to go up by 14.3% to Rs 514.3 crore, Year-on-Year, (Y-o-Y) basis.
Government of India announce the sale of three dated securities for ` 11,000 crore on January 14, 2011
Government of India announce the sale of three dated securities for ` 11,000 crore on January 14, 2011
DuPont to acquire Danisco for $6.3bn
Chemicals major DuPont is looking at acquiring Denmark's enzyme and specialty food ingredients maker Danisco for USD 6.3 billion.
Buy Indraprastha Gas; target of Rs 399: Prabhudas Lilladher
Prabhudas Lilladher is bullish on Indraprastha Gas (IGL) and has recommended buy rating on the stock with a target of Rs 399, in its January 10, 2011 research report.
Unichem Labs Dec qtr PAT seen down at Rs 26.9cr: Emkay
Emkay Global Financial Services has come out with its earning estimates on pharma sector for the quarter ended December 2010. According to the research firm, Unichem Labs December quarter sales are expected to go up by 11.7% to Rs 192.9 crore, Year-on-Year, (Y-o-Y) basis.
ACC Dec qtr PAT seen down by 34% at Rs 186 cr: Angel
Angel Broking has come out with its earning estimates on Cement sector for the quarter ended December 2010. According to the research firm, ACC quarter sales are expected to go down by 3.3% at Rs 1919 crore, Year-on-Year, (YoY) basis.
RBI Announces OMO Purchase of Government Securities for ` 12,000 crore on January 12, 2011
RBI Announces OMO Purchase of Government Securities for ` 12,000 crore on January 12, 2011
Iran Air crash toll rises to 77, eight critical
At least 77 people were killed in Sunday's passenger plane crash in northwestern Iran, the official IRNA news agency reported on Monday.
M&M Finance to form JV with Rabobank Group unit
Mahindra & Mahindra Financial Services said on Monday it has entered into a joint venture with De Lage Landen Financial Services Inc, a wholly-owned subsidiary of the Rabobank Group.
Panacea Biotech Dec qtr PAT seen up at Rs 26.7cr: Emkay
Emkay Global Financial Services has come out with its earning estimates on pharma sector for the quarter ended December 2010. According to the research firm, Panacea Biotec December quarter sales are expected to go up by 24.4% to Rs 287.8 crore, Year-on-Year, (Y-o-Y) basis.
Buy Transport Corp; target of Rs 135: Asit C. Mehta
Asit C. Mehta is bullish on Transport Corporation of India (TCI) and has recommended buy rating on the stock with a target of Rs 135 in its January 10, 2011 research report.
Second Liquidity Adjustment Facility : Auction Results
Second Liquidity Adjustment Facility : Auction Results
Gujarat Narmada Valley Fertilizer denies pledge of equity shares
Gujarat Narmada Valley Fertilizer has denied pledge of equity shares held by them in the company, as on December 31, 2010.
Idea Dec qtr PAT seen dn 1% at Rs 178 cr: Angel
Angel Broking has come out with its earning estimates on Telecom sector for the quarter ended December 2010. According to the research firm, Idea Cellular quarter sales are expected to go up by 5% at Rs 3844 crore, Quarter-on-Quarter, (QoQ) basis.
Thomas Cook (India) forges partnership with Xpress Money
Thomas Cook has forged partnership with Xpress Money for Foreign Exchange remittance into India.
Groupon sets up India presence through a minor acquisition
Global leader of group buying, Groupon Inc, has acquired India's upcoming daily deals website SoSasta.com from Kolkata-based Friday Media Pvt. The size of the deal was not disclosed.
Western India Shipyard signs long term wage settlement with its workmen
Western India has signed a long term wage settlement with its workmen on December 30, 2010 for 4 years granting them a substantial increase in wages.
Kar Mobiles to consider interim dividend
Kar Mobiles has its Board of Directors meeting on January 20, 2011 to consider interim dividend for the year ending March 31, 2011.
Rane Engine Valve to consider interim dividend
Rane Engine Valve has its Board of Directors meeting on January 24, 2011 to consider interim dividend for the year ending March 31, 2011.
Rane Brake to consider interim dividend
Rane Brake has its Board of Directors meeting on January 25, 2011 to consider interim dividend for the year ending March 31, 2011.
Rel Comm Dec qtr PAT seen dn by 30% at Rs 311cr: Angel
Angel Broking has come out with its earning estimates on Telecom sector for the quarter ended December 2010. According to the research firm, Reliance Communication quarter sales are expected to go up by 5.5% at Rs 5,301 crore, Quarter-on-Quarter, (QoQ) basis.
Bharti Airtel Dec qtr PAT seen down 8% at Rs 1535cr: Angel
Angel Broking has come out with its earning estimates on Telecom sector for the quarter ended December 2010. According to the research firm, Bharti Airtel quarter sales are expected to go up by 3.8% at Rs 15,787 crore, Quarter-on-Quarter, (QoQ) basis.
Industrial Investment Trust to raise fund limits from Rs 350 crore to Rs 400 crore
Industrial Investment Trust has raised fund limits to Rs 400 crore. The funds will be raised via QIP / Rights Issue / ADR / GDR / Pref allotment.
Govt may mull higher public float for PSUs in FY12: Sources
The government may consider upping the mandatory 10% public float for public sector units in fiscal 2012, sources from the finance ministry inform CNBC-TV18. The ministry had announced mandatory 25% float in June 2010.
