Power Finance Corporation can raise infrastructure bonds
Power Finance Corporation can raise infrastructure bonds to an amount equivalent to 25% of the gross disbursement made in preceding financial year.
Nifty tests 6050; realty, cap goods, auto, metal dip
At 11.57 hrs IST, the Nifty was hovering around 6050 mark with negative bias. It was a weak session for the markets on back of selling in realty, capital goods, auto and metal stocks. Selective buying was seen in telecom and IT stocks.
Airlines bet oil will correct; stay away from hedging
Top global airlines are staying away from further hedging jet fuel purchases that account for around a third of their costs, betting that a recent surge in oil prices to two-year highs will slow.
BlackBerry maker announces 4G tablet
Corporate interest in Research in Motion's (RIM) new tablet was "massive," the company said, as it announced plans to launch a 4G version of the device this summer with Sprint Nextel.
'Twilight', Katy Perry among People's Choice winners
'Twilight' again stole the limelight at the People's Choice awards on Wednesday, on a night that also saw big wins for singer Katy Perry and actor Johnny Depp at the start of the Hollywood awards season.
Kpit Cummins Infosystems to consider issue of shares
Kpit Cummins Infosystems has its Board of Directors meeting on January 08, 2011 to consider issue of shares.
Buy Power Grid Corp; target of Rs 107: Aditya Birla Money
Aditya Birla Money is bullish on Power Grid Corporation of India and has recommended buy rating on the stock with a target of Rs 107 in its January 6, 2011research report.
L&T bags orders worth Rs 1181 cr; stock down
Larsen and Toubro (L&T) has bagged orders worth Rs 1181 crore, reports CNBC-TV18. It touched an intraday high of Rs 1,949 and an intraday low of Rs 1,896. At 11:40 hrs the share was quoting at Rs 1,907.10, down Rs 23.35, or 1.21%.
RR Financial Consultants; January 15, 2011 record date for bonus share
RR Financial Consultants as fixed Jan 15, 2011 as the 'Record Date' for bonus shares of the company in the ratio 1:1.
Committee report expectations not priced in fert stocks yet
Udayan Mukherjee says that people have little faith about reports and the chances of their implementation. So the expectations from the reports this time are not fully priced into fertillizer stock prices as yet.
Draining flooded Australia mines could take weeks
Australia's flood-stricken coal industry was facing lengthy disruptions on Thursday, with one miner saying it could take weeks to drain its pits of water and the biggest coking coal port warning there was a risk its stocks could run out.
Qualcomm to buy Atheros for around $3.2 bn
Qualcomm Inc plans to buy Atheros Communications Inc for roughly USD 3.2 bn in cash, showing its determination to become a major player in supplying chips for smartphones and tablet computers.
Liquidity Adjustment Facility : Auction Results
Liquidity Adjustment Facility : Auction Results
INOX Leisure up 7% on large volumes
INOX Leisure touched an intraday high of Rs 79.10 and an intraday low of Rs 70. At 11:13 hrs the share was quoting at Rs 72.30, up Rs 4.70, or 6.95%.
Buy Mundra Port; target of Rs 165: IIFL
IIFL is bullish on Mundra Port and has recommended buy rating on the stock with a target of Rs 165 in its January 6, 2011 research report.
Indian investors are world's biggest losers: Samir Arora
Find out why ace fund manager Samir Arora of Helios Capital thinks Indian investors are the biggest losers in the world.
Binani Ind touches 52-week high
Binani Industries touched a 52-week high of Rs 257. At 11:09 hrs the share was quoting at Rs 248.00, up Rs 20.70, or 9.11%.
Buy Balkrishna Ind; target of Rs 169: Anagram Research
Anagram Research is bullish on Balkrishna Ind and has recommended buy rating on the stock with a target of Rs 169 in its January 5, 2011 research report.
Sterlite Ind top loser on Sensex
Sterlite Industries was the top loser on the Sensex. It touched an intraday high of Rs 191.25 and an intraday low of Rs 182.60. At 11:06 hrs the share was quoting at Rs 183.40, down Rs 7.40, or 3.88%.
Buy Tata Power; target of Rs 1442: IIFL
IIFL is bullish on Tata Power and has recommended buy rating on the stock with a target of Rs 1442 in its January 6, 2011 research report.
Sensex consolidates; Bharti, HDFC Bank, Sun Pharma up
At 10:46 hours IST - equity benchmarks continued their downtrend today as well, led by sell-off in capital goods, FMCG and cement companies' shares along with ONGC, SBI, Sterlite, ICICI Bank, Bajaj Auto, Cipla, Hero Honda, DLF and JSPL. The index was trading below 6100 level.
SP Tulsian positive on fertiliser stocks
SP Tulsian of sptulsian.com is positive on fertiliser stocks.
Suzlon signs $191 mn agreement with Vedanta; stk up
Suzlon Energy has signed USD 191 million agreements with Vedanta for 150 MW wind project, quoting NewsWire18, reports CNBC-TV18. It touched an intraday high of Rs 55.10 and an intraday low of Rs 53.90. At 10:14 hrs the share was quoting at Rs 55.05, up Rs 0.60, or 1.10%.
G20 must act to stabilise food prices: World Bank
Free markets rather than protectionist policies are the solution to volatile food prices and the G20 should take steps to prioritise the provision of food for the poor, World Bank President Robert Zoellick said.
