latest news

HPCL plunges 5%

Hindustan Petroleum Corporation (HPCL) touched an intraday high of Rs 382.40 and an intraday low of Rs 359.55. At 15:03 hrs the share was quoting at Rs 362.40, down Rs 20, or 5.23%.

Crompton Greaves qtr PAT seen up 3.5% at Rs 207cr: Angel

Angel Broking has come out with its earning estimates on capital goods for the quarter ended December 2010. According to the research firm, Crompton Greaves December quarter sales are expected to go up by 7.5% to Rs 2415 crore, Year-on-Year, (Y-o-Y) basis.

PNB slips nearly 4%

Punjab National Bank (PNB) touched an intraday high of Rs 1,196 and an intraday low of Rs 1,140.35. At 14:51 hrs the share was quoting at Rs 1,143, down Rs 45.05, or 3.79%.

Abhijeet Power to file for $333 mn IPO by early

Nagpur-based Abhijeet Power is in advanced stages of seeking regulatory approval for an initial public offering of up to 15 billion rupees and expects to file papers by early February, a senior official told Reuters.

SBI takes a dip

State Bank of India (SBI) touched an intraday high of Rs 2,674 and an intraday low of Rs 2,564. At 14:49 hrs the share was quoting at Rs 2,577, down Rs 87.75, or 3.29%.

Sensex plunges; Infy, SBI, ICICI Bk, RIL, NTPC tumble

At 14:45 hours IST - gains made by the benchmark Nifty yesterday washed out completely in today's trade, led by profit booking in financials. Infosys was the leading dragger with nearly 5% fall,.

BGR Energy qtr PAT seen up 85.4% at Rs 78cr: Angel

Angel Broking has come out with its earning estimates on capital goods for the quarter ended December 2010. According to the research firm, BGR Energy December quarter sales are expected to go up by 90% to Rs 1207 crore, Year-on-Year, (Y-o-Y) basis.

ICICI Bank slips on profit booking

ICICI Bank touched an intraday high of Rs 1,070 and an intraday low of Rs 1,018. At 14:33 hrs the share was quoting at Rs 1,023, down Rs 45.90, or 4.29%.

Buy Apollo Hospital; target of Rs 541: Firstcall Research

Firstcall Research is bullish on Apollo Hospitals Enterprises and has recommended buy rating on the stock with a target of Rs 541 in its January 13, 2011 research report.

UK's just-eat buys 60% stake in restaurant listings site

UK-based online ordering service Just-Eat has acquired a 60% stake in Bangalore-based startup Achindra Online Marketing Pvt Ltd which runs the online restaurant listings and ordering website Hungryzone.com.

Heritage Foods revokes 20 lakh shares pledge with ICICI Bank

Heritage Foods has revoked 20 lakh shares pledged with ICICI Bank as a collateral security for the loan availed by the company on November 03, 2008.

BlackBerry-maker gives India solution for Messenger access

BlackBerry-maker Research In Motion (RIM) said on Thursday it had given a solution ahead of a January 31 target date that enables Indian wireless carriers lawful access to consumer services including the BlackBerry Messenger, but excluding access to corporate emails.

Govt approves 19 FDI proposals worth Rs 4,340cr

Tata Steel, the world's No 7 steelmaker, has received government approval to raise Rs 1100 crore through issue of warrants to overseas investors, the Press Information bureau said in a statement on Thursday.

Mahindra Lifespaces to establish a Mahindra World City at Dholera SIR

Mahindra Lifespaces to establish a Mahindra World City at Dholera SIR.

Maharashtra Seamless enters into power purchase agreement with NTPC Vidyut Vyapar Nigam

Maharashtra Seamless has entered into power purchase agreement with NTPC Vidyut Vyapar Nigam for 'Solar Photovoltaic Power Project'.

Larsen & Toubro exports first Nuclear Equipment to USA

Larsen & Toubro has exported first Nuclear Equipment to USA.

RIL Dec qtr PAT seen up 38% at Rs 5535cr: Angel

Angel Broking has come out with its earning estimates on the oil & gas sector for the quarter ended December 2010. According to the research firm, RIL December quarter net sales are expected to go up by 20.2% to Rs 68,347 crore, Year-on-Year, (Y-o-Y) basis.

Mukherjee says no need to panic on inflation

Finance Minister Pranab Mukherjee said on Thursday there is no need for unnecessary panic on inflation.

ONGC Dec qtr PAT seen up 79% at Rs 5475cr: Angel

Angel Broking has come out with its earning estimates on the oil & gas sector for the quarter ended December 2010. According to the research firm, ONGC December quarter net sales are expected to go up by 19.2% to Rs 18,488 crore, Year-on-Year, (Y-o-Y) basis.

Petronet LNG Dec qtr PAT seen up 64% at Rs 137cr: Angel

Angel Broking has come out with its earning estimates on the oil & gas sector for the quarter ended December 2010. According to the research firm, Petronet LNG December quarter net sales are expected to go up by 50.4% to Rs 3,376 crore, Year-on-Year, (Y-o-Y) basis.

Gujarat Gas Dec qtr PAT seen up 19% at Rs 54cr: Angel

Angel Broking has come out with its earning estimates on the oil & gas sector for the quarter ended December 2010. According to the research firm, Gujarat Gas December quarter net sales are expected to go up by 26.4% to Rs 488 crore, Year-on-Year, (Y-o-Y) basis.

GSPL Dec qtr PAT seen down 19% at Rs 93cr: Angel

Angel Broking has come out with its earning estimates on the oil & gas sector for the quarter ended December 2010. According to the research firm, GSPL December quarter net sales are expected to go down by 4.4% to Rs 257 crore, Year-on-Year, (Y-o-Y) basis.

Gail Dec qtr PAT seen up 8% at Rs 930cr: Angel

Angel Broking has come out with its earning estimates on the oil & gas sector for the quarter ended December 2010. According to the research firm, Gail December quarter net sales are expected to go up by 33.7% to Rs 8,276 crore, Year-on-Year, (Y-o-Y) basis.

Cairn India Dec qtr PAT seen up 486% at Rs 1706cr: Angel

Angel Broking has come out with its earning estimates on the oil & gas sector for the quarter ended December 2010. According to the research firm, Cairn India December quarter net sales are expected to go up by 509.3% to Rs 3,019 crore, Year-on-Year, (Y-o-Y) basis.