ONGC may develop east coast block alone
State-run explorer ONGC, which was in talks with foreign players to develop its gas-rich exploration block in the Krishna Godavari basin, may develop the asset by itself, a senior company official said.
Bharti, SBI to invest $22 mn in mobile banking JV
India's top mobile operator Bharti Airtel and State Bank of India will together initially invest Rs 100 crore (USD 22 million) in a joint venture for mobile-based banking, OP Bhatt, chairman of the country's top lender, said on Wednesday.
Axis Bank Dec qtr PAT seen up 27.5% at Rs 837cr: Angel
Angel Broking has come out with its earning estimates on banking sector for the quarter ended December 2010. According to the research firm, Axis Bank December quarter operating income are expected to go up by 17.1% to Rs 2736 crore, Year-on-Year, (Y-o-Y) basis.
Federal Bank Dec qtr PAT seen up 31.8% at Rs 145cr: Angel
Angel Broking has come out with its earning estimates on banking sector for the quarter ended December 2010. According to the research firm, Federal Bank December quarter operating income are expected to go up by 16.7% to Rs 581 crore, Year-on-Year, (Y-o-Y) basis.
Time Technoplast promoters revoke 1.12cr pledged shares
Time Technoplast promoters have revoked 1.12 crore pledged shares, reports CNBC-TV18. It touched an intraday high of Rs 54.90 and an intraday low of Rs 51.25. At 13:54 hrs the share was quoting at Rs 51.30, down Rs 1.85, or 3.48%.
Motilal Oswal MF launches MOSt Shares M100 ETF
Motilal Oswal MF launches MOSt Shares M100 ETF ), an open ended Index Exchange Traded Fund, that seeks investment return that corresponds (before fees and expenses) to the performance of the CNX Midcap Index (Underlying Index), subject to tracking error.
Nifty hits 5800 led by TCS, ICICI Bank, Bharti, RIL, Infy
At 13:36 hours IST - equity benchmarks recovered in afternoon trade but there was a bit of volatility - the Nifty was hovering around 5800 level while the Sensex added about 150 points gains, led by rally in TCS, Tata Motors and Sterlite Industries.
Sterlite Industries top gainer on Sensex
Sterlite Industries was the top gainer on the Sensex. It touched an intraday high of Rs 178.85 and an intraday low of Rs 173. At 13:28 hrs the share was quoting at Rs 178.85, up Rs 6.95, or 4.04%.
Suzlon Energy bounces back
Suzlon Energy touched an intraday high of Rs 51.20 and an intraday low of Rs 48.30. At 13:24 hrs the share was quoting at Rs 50.90, up Rs 3.40, or 7.16%.
IndiGo mulls all options to fund Airbus deal
Indian budget carrier IndiGo is considering all options including a possible initial public offering to finance a USD 15.6 billion deal with Airbus, but has made no decision yet, the firm's president said on Wednesday.
Hong Kong ranks world`s freest economy for 17th year
Hong Kong was rated the world's freest economy for a 17th straight year in a ranking by the US based Heritage Foundation, above rivals Singapore and Australia for the title.
China's pandas need old forests to thrive - study
China's giant pandas need not only bamboo, but also ancient forests to thrive in the wild, a study in western China has found.
Jubilant Organosys Dec qtr PAT seen down at Rs 92cr: Karvy
Karvy Stock Broking has come out with its earning estimates on pharma sector for the quarter ended December 2010. According to the research firm, Jubilant Organosys December quarter sales are expected to go up by 9.5% at Rs 1058.5 crore, Year-on-Year, (YoY) basis.
Swaraj Mazda name changed to SML Isuzu
Swaraj Mazda has changed the name of the company from “Swaraj Mazda
Sensex volatile with negative bias; L&T, ONGC, SBI dip
At 12:40 hours IST - equity benchmarks were extremely choppy in trade, with a negative bias especially after a weak industrial output data. The Nifty still holds the 5700 level though it went closer to the same level while the Sensex shed more than 100 points.
Wyeth declares interim dividend at Rs 15 per share
Wyeth has declared interim dividend at Rs 15 per share i:e 150%.
Wyeth; January 21, 2011 record date for payment of interim dividend
Wyeth has fixed January 21, 2011 as the 'Record Date' for payment of interim dividend.
Brent crude at 27-mth high near $98 on disruption concerns
Brent crude prices stayed near USD 98 on Wednesday, the highest level since October 2008, as production shutdowns in Norway and Alaska raised expectations of an accelerated tightening of supplies in Atlantic basin, Middle East and Asia-Pacific oil markets.
US museum has biggest Dali collection outside Spain
Some of Salvador Dali's most famous paintings have a new home in Florida with the opening of a USD 36 million museum designed to reflect the Spanish painter's surreal style.
Fortis Healthcare name changed to Fortis Healthcare (India)
Fortis Healthcare has changed the name of the company from “Fortis Healthcare
Industrial output growth slumps in November
India's annual industrial output in November grew at its slowest in a year and a half, partly on seasonal factors, and the Reserve Bank may stay on course to raise rates later this month to combat inflation.
RBI Reference Rate for US $ and Euro
RBI Reference Rate for US $ and Euro
TTK Prestige signs MOU with Government of Gujarat
TTK Prestige has signed MOU with Government of Gujarat for establishing a state of art facility for manufacture of Pressure Cookers and Kitchenware.
Rel MediaWorks ups stake to 35.4% in Fame India
Fame India touched an intraday high of Rs 73.40 and an intraday low of Rs 59.35. At 12:30 hrs the share was quoting at Rs 63.70, down Rs 6.45, or 9.19%. Reliance MediaWorks has increased stake to 35.4% from 11.77% in the company post open offer, reports CNBC-TV18.
