Sensex choppy with negative bias; Tata Motors, TCS gain
Equity benchmarks were trending lower in a choppy trade at 10:50 hours, especially ahead of settlement today. The Nifty was trading below the 5700-mark, led by sell-off in technology (except TCS), healthcare, realty and private financials.
Phoenix Mills Q3 net profit seen up at Rs 22.8 cr
Phoenix Mills is set to announce its results for the quarter ended December 2010. According to CNBC-TV18 estimates, its net profit is expected to go up at Rs 22.8 crore as against Rs 22.1 crore (QoQ).
Camlin hits 52-week high
Camlin touched a 52-week high of Rs 66.85. At 10:28 hrs the share was quoting at Rs 65, up Rs 4.10, or 6.73%.
Central banks in EM lack fiscal in inflation battle
Central banks in emerging markets are getting precious little help in their campaign to contain the impact of rising food costs that are a major driver of inflation.
Two ex-Galleon men plead guilty; Rajaratnam named
Two former Galleon Group portfolio managers admitted to charges of insider trading on confidential company information, strengthening the government's case against Galleon hedge fund founder Raj Rajaratnam a month before his trial.
Symantec profit beats Street, approves buyback
Security software maker Symantec Corp reported better-than-expected profit and authorized a USD 1 billion share buyback program, sending its shares up 3%.
GM takes stake in battery startup Envia
General Motors Co has invested USD 7 million in Envia Systems, a California-based start-up that has been developing more powerful and cheaper batteries for electric vehicles.
Mickelson forecasts Tiger's return to the top in 2011
US Masters champion Phil Mickelson has predicted that Tiger Woods will regain his customary dominant form this year after struggling through a winless 2010 campaign.
Sell Indraprastha Gas; tgt of Rs 295: Aditya Birla Money
Aditya Birla Money is bearish on Indraprastha Gas (IGL) and has recommended sell rating on the stock with a target of Rs 295-290 in its January 27, 2011 research report.
Accumulate Bank of India; target of Rs 500: Angel Broking
Angel Broking is bullish on Bank of India (BOI) and has recommended accumulate rating on the stock with a target of Rs 500 in its January 21, 2011 research report.
China Q1 GDP seen up 9% YoY, CPI up 5%: Report
China's annual economic growth is expected to ease to about 9% in the first quarter while consumer inflation is projected at 5%, according to a government think tank report published in the official Chinese Securities Journal on Thursday.
Goldman Sachs downgrades Hero Honda, M&M
Goldman Sachs on Thursday downgraded motorcycle maker Hero Honda and utility vehicles maker Mahindra & Mahindra to "sell", from "neutral and "buy" ratings respectively.
M&M among major losers
Mahindra and Mahindra (M&M) was among major losers on the Sensex. It touched an intraday high of Rs 776 and an intraday low of Rs 748.35. At 10:01 hrs the share was quoting at Rs 757, down Rs 13.50, or 1.75%.
Mangalam Cement Q3 net loss at Rs 2.5 cr
Mangalam Cement has announced its results for the quarter ended December 2010. It has reported a net loss of Rs 2.5 crore in Q3FY11 as against profit of Rs 26.8 crore in same quarter of previous year.
WWIL puts on a good show
Wire and Wireless (India) touched an intraday high of Rs 11.60 and an intraday low of Rs 10.90. At 09:50 hrs the share was quoting at Rs 11.50, up Rs 0.50, or 4.55%.
Oil & gas, shipping sectors to outperform: Astrostocktips
Oil & gas, shipping sectors will be receiving astrological support, says Satish Gupta of astrostocktips.
Nokia Q4 profit seen dropping, strategy in focus
Nokia is expected to post a third profit fall in a row on Thursday with investors seeking clues on how the handset maker can challenge smartphone powerhouses Apple and Samsung and also recover lost ground at the cheaper end of the market.
Motorola sees 1st quarter net loss, shares fall
Motorola Mobility Holdings Inc warned it would post a quarterly loss again in the current quarter, as it faces new competition from the Apple Inc iPhone, sending its shares down almost 6%.
Jindal Saw looks good for intraday: Astroprofit
Jindal Saw incorporated on dated October 31, 1984. Today Moon is transiting over the 10th house from the natal moon and other planetary combinations are indicating some Upside in coming days.
Emerging markets power Q1 profit surge at Siemens
Siemens, Europe's biggest engineering conglomerate, beat profit forecasts due to robust demand in fast-growing emerging economies and said signs for future sales were strong.
ABN AMRO listing more likely than sale: Dutch FM
Dutch Finance Minister Jan Kees de Jager said on Tuesday a sale of state-owned bank ABN AMRO to a foreign or domestic bank was less likely than a stock listing, which is expected in 2014 at the earliest.
2022 World Cup could be held at end of year: FIFA
The 2022 World Cup in Qatar could be held at the beginning of the year or the end of it, FIFA president Sepp Blatter said on Tuesday.
South Africa to bid for F1 grand prix from 2013
South Africa is bidding to host a Formula One Grand Prix in Cape Town from 2013, which would be the country's first in nearly 20 years.
Management tip of the day: Give up your guild mindset
The Middle Ages mentality of certain work functions banding together to guard their trade secrets is still alive and well in many companies, says Harvard Business Review.
