Biocon Q3 cons net profiit rises 24.85% at Rs 101 cr
Indian biotechnology firm Biocon has declared its results for the quarter ended December 2010. It has reported consolidated net profiit at Rs 101 crore as against Rs 80.9 crore, a growth of 24.85% on year-on-year basis.
Templeton's Mobius Says Considering Hedge Fund
Templeton's Mark Mobius is considering a plan to set up a hedge fund, the emerging market guru said in an e-mail to Reuters, a move that would mark a major shift from traditional money managers into the USD 1.9 trillion alternative asset management industry.
Yes Bank Q3 profit after tax seen up 43.7% at Rs 181.1 cr
Yes Bank is set to announce its results for the quarter ended December 2010. According to CNBC-TV18 estimates, its profit after tax is expected to go up by 43.7% at Rs 181.1 crore as against Rs 125.9 crore (YoY).
Buy SBI; target of Rs 3140: Fairwealth Securities
Fairwealth Securities is bullish on State Bank of India (SBI) and has recommended buy rating on the stock with a target of Rs 3140 in its January 18, 2011 research report.
Kotak Mah Bank Q3 cons net profit seen up 17% at Rs 390 cr
Kotak Mahindra Bank is set to announce its results for the quarter ended December 2010. According to CNBC-TV18 estimates, its consolidated net profit is expected to go up by 17% at Rs 390 crore as against Rs 331 crore.
Hold ING Vysya Bank; target of Rs 502: Nirmal Bang
Nirmal Bang has maintained hold rating on ING Vysya Bank with a target of Rs 502 in its January 19, 2011 research report.
SKS Microfinance surges 10.7%
SKS Microfinance touched an intraday high of Rs 756 and an intraday low of Rs 651. At 10:05 hrs the share was quoting at Rs 740.65, up Rs 72.10, or 10.78%.
Buy Sesa Goa; target of Rs 350: Aditya Birla Money
Aditya Birla Money is bullish on Sesa Goa and has recommended buy rating on the stock with a target of Rs 350 in its January 20, 2011 research report.
Australia to continue talks on India uranium export ban
Australia will continue to discuss Canberra's ban on exports of uranium to India, but that does not signal any plans to lift the ban, Foreign Minister Keving Rudd said on Thursday.
Hold Tata Coffee, says Mitesh Thacker
Hold Tata Coffee, says Mitesh Thacker, Technical Analyst, miteshthacker.com.
India, Indonesia to sign $15 bn economic partnership
India and Indonesia will sign an economic partnership deal worth USD 15 billion, Indonesian chief economic minister Hatta Rajasa said on Thursday, including a railway in coal-rich South Sumatra worth USD 1.5 billion to USD 2 billion.
ICICI Bank gets mandate for Air India loan refinance
Air India has given ICICI Bank the mandate to refinance loans to purchase 21 Airbus A 320 aircraft worth Rs 5,500 crore, it said late on Wednesday.
China's sizzling end to 2010 calls for more tightening
China finished 2010 with a bang, its growth soaring past expectations while inflation slowed less than expected, numbers that could prod the government to ratchet up its easy-does-it approach to policy tightening.
Heavy drinking may raise abnormal heart rhythm risk
People who drink regularly, especially heavy drinkers, may be more likely than teetotalers to suffer atrial fibrillation, a type of abnormal heart rhythm, according to a research review.
Obama pushes Hu on China's currency, rights
President Barack Obama urged Chinese President Hu Jintao to let the value of China's yuan currency rise and delivered a strong message on US concerns over Beijing's human rights record at a summit on Wednesday.
Google to ride busy holidays, faces growth question
Google Inc is expected to report a 22% jump in fourth-quarter revenue thanks to a busy holiday season, though it will face questions about long-term growth when it unveils results on Thursday.
Marauding Nadal blows away Sweeting at Melbourne
Rocket-heeled Rafa Nadal's bid for a fourth consecutive grand slam gained pace on Thursday with a 6-2 6-1 6-1 demolition of hapless American qualifier Ryan Sweeting at the Australian Open.
Asian stocks off 2-month highs on US earnings
Asian stocks retreated from two-month highs and the euro was hit by a bout of profit-taking on Thursday, felled by a disappointing slate of earnings from Wall Street heavyweights.
Lehman says BofA should return another $9 mn
Lehman Brothers Holdings is demanding that Bank of America return an additional USD 9 million on top of USD 500 million it has been ordered to repay by a bankruptcy judge.
Goldman profit slides as bond trading wilts
Goldman Sachs Group Inc posted a 53% decline in fourth-quarter profit as trading revenue tumbled, dashing hopes that the Wall Street bank had bucked a tough trading climate in debt markets.
Exit LIC Housing Finance on bounce: Thacker
Exit LIC Housing Finance on bounce, says Mitesh Thacker, Technical Analyst, miteshthacker.com.
No changes to soccer calendar without debate, say Germans
Moves by FIFA and UEFA to reshape the soccer calendar from 2015 could not be taken without fully consulting Europe's five biggest leagues, president of the German Football League Reinhard Rauball said on Wednesday.
Buy HDIL; target of Rs 170/180: Aditya Birla Money
Aditya Birla Money is bullish on HDIL and has recommended buy rating on the stock with a target of Rs 170/180 in its January 20, 2011 research report.
Canara Bank, OBC look good for trade: Thacker
Canara Bank and OBC are looking good for trade, says Mitesh Thacker, Technical Analyst, miteshthacker.com.
