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.
Shrenuj Promoter Group Co acquires 5000 equity shares
Shrenuj Promoter Group Co. has acquired 5000 equity shares through open market purchases.
Wipro Dec qtr PAT seen up 5% at Rs 1348 cr: Angel
Angel Broking has come out with its earning estimates on IT sector for the quarter ended December 2010. According to the research firm, Wipro quarter sales are expected to go up by 3.1% at Rs 7972 crore, Quarter-on-Quarter, (QoQ) basis.
Lakshmi Machine Works; January 24, 2011 fixed date for buyback of shares
Lakshmi Machine Works has fixed January 24, 2011 as a date for buyback of shares.
Gammon India exercises conversion of shares against warrants
Gammon India has exercised conversion of shares against warrants at a price of Rs 88.20.
TCS Dec qtr PAT seen up 4% at Rs 2197 cr: Angel
Angel Broking has come out with its earning estimates on IT sector for the quarter ended December 2010. According to the research firm, TCS quarter sales are expected to go up by 4.2% at Rs 9680 crore, Quarter-on-Quarter, (QoQ) basis.
Infosys Dec qtr PAT seen up 4.5% at Rs 1815 cr: Angel
Angel Broking has come out with its earning estimates on IT sector for the quarter ended December 2010. According to the research firm, Infosys Technologies quarter sales are expected to go up by 5% at Rs 7292 crore, Quarter-on-Quarter, (QoQ) basis.
Phaneesh Murthy: Rise of Indian IT's 'Other' Murthy
His perseverance has taken MR Phaneesh Murthy places over the last seven years.
Midvalley Entertainment subscribed 0.86 times on Day 1
The Rs 60-crore public issue of south based media & entertainment company Midvalley Entertainment has been subscribed 0.33 times (33%) so far, as per data available on exchanges.
Dimdim Service to end; Non-core employees laid off
Salesforce's recent buyout of US and India based Dimdim for $31 million will mean the end of the cloud-based web conferencing service that registered 6000 paying customers over 3 years.
Foseco India to consider fourth & final dividend
Foseco India has its Board of Directors meeting on January 20, 2011 to consider fourth & final dividend for the year 2010.
Money Market Operations as on January 8, 2011
Money Market Operations as on January 8, 2011
Vijayeswari Textiles name changed to VTX Industries
Vijayeswari Textiles has changed the name of the company from
Rane Madras to consider interim dividend
Rane Madras has its Board of Directors meeting on January 21, 2011 to consider interim dividend for the year ending March 31, 2011.
Bear of the day: Realty stock that collapsed 44% in 3 mths
Orbit Corporation plunged 4.30% or Rs 3.20 to end at Rs 71.20 on the BSE. It touched an intraday high of Rs 74 and an intraday low of Rs 70.10. There were pending sell orders of 165 shares, with no buyers available. The total traded volumes were of 294,402 shares. However, the share slipped 44.63% in last three months.
