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NTPC Dec qtr PAT seen down 11% at Rs 2110cr: KRChoksey

KRChoksey has come out with its earning estimates on power & capital goods sector for the quarter ended December 2010. According to the research firm, NTPC December quarter sales are expected to go up by 24% to Rs 13,818 crore, Year-on-Year, (Y-o-Y) basis.

BHEL Dec qtr PAT seen up 13% at Rs 1217cr: KRChoksey

KRChoksey has come out with its earning estimates on power & capital goods sector for the quarter ended December 2010. According to the research firm, BHEL December quarter sales are expected to go up by 38% to Rs 9976 crore, Year-on-Year, (Y-o-Y) basis.

Sterlite Tech Dec qtr PAT seen down 5% at Rs 52cr:KRChoksey

KRChoksey has come out with its earning estimates on power & capital goods sector for the quarter ended December 2010. According to the research firm, Sterlite Technologies December quarter sales are expected to go up by 16% to Rs 542 crore, Year-on-Year, (Y-o-Y) basis.

Carnage on Dalal Street; Sensex ends 493 pts down

Equity benchmarks saw a big carnage on Friday and it was the biggest sell-off seen by Dalal Street after a long time, offloading a bit of exposure by foreign institutional investors.

Shri Ganesh Spinners to change name of company to Yantra Natural Resources

Shri Ganesh Spinners has its Board of Directors meeting on January 08, 2011 to change the name of the company to Yantra Natural Resources.

Elecon Eng Dec qtr PAT seen up 8% at Rs 15cr: KRChoksey

KRChoksey has come out with its earning estimates on power & capital goods sector for the quarter ended December 2010. According to the research firm, Elecon Engineering December quarter sales are expected to go up by 16% to Rs 289 crore, Year-on-Year, (Y-o-Y) basis.

Sterling Tools to consider interim dividend

Sterling Tools has its Board of Directors meeting on January 19, 2011 to consider interim dividend for the financial year 2010-2011.

2011: Checklist for successful acquisitions in US

By Adam O. Emmerich & Robin Panovka, Wachtell, Lipton, Rosen & Katz

L&T Dec qtr PAT seen up 9% at Rs 825cr: KRChoksey

KRChoksey has come out with its earning estimates on power & capital goods sector for the quarter ended December 2010. According to the research firm, L&T December quarter sales are expected to go up by 31% to Rs 10,627 crore, Year-on-Year, (Y-o-Y) basis.

Sensex, Nifty plunge nearly 4% this week

The BSE Auto, Realty and Bank indices were down 6.5-7.5%. Capital Goods Index was down 4.8% and Metal down 3.5%. IT, Oil & Gas, FMCG and Healthcare indices fell 0.7-1%.

Fund managers should focus on managing funds not NAVs: Sebi

KN Vaidyanathan, Executive Director of the Securities and Exchange Board of India said fund managers should take the Sensex and the Nifty as benchmarks. He instructed fund managers to concentrate more on managing funds and not net asset values.

Accumulate BGR Energy; tgt of Rs 814: JRG Securities

JRG Securities is bullish on BGR Energy Systems and has recommended accumulate rating on the stock with a target of Rs 814 in its January 7, 2011 research report.

Decolight Ceramics regains operations of its manufacturing facilities

Decolight Ceramics has regained the operations of its manufacturing facilities, after the natural calamity disaster, effective from January 01, 2011.

State Bank of Bikaner revises rate of interest on domestic term deposit

State Bank of Bikaner and Jaipur has revised rate of interest on domestic term deposit with effect from January 07, 2011.

Tata Steel enters into JV for automotive cold-rolled flat products

Tata Steel has entered into Joint Venture for automotive cold-rolled flat products.

Allahabad Bank increases interest rate from 0.50% to 1.50%

Allahabad Bank has increased interest rate from 0.50% to 1.50% on various term deposit schemes with effect from January 10, 2011.

State Bank of India (SBI) approves allotment of 876 right shares

Executive Committee of Central Board of SBI has approved allotment of 876 rights shares to eligible shareholders under the SBI rights issue -2008.

Bloodbath: Nifty tests 5900; heavyweights nosedive

At 14:48 hours IST - consistent sell-off in heavyweights and offloading shares by foreign investors dragged the Sensex down by 400 points and the Nifty by 120 points.

Sobha Developers Dec qtr PAT seen up at Rs 99cr: KRChoksey

KRChoksey has come out with its earning estimates on real estate sector for the quarter ended December 2010. According to the research firm, Sobha Developers December quarter sales are expected to go up by 68% to Rs 515 crore, Year-on-Year, (Y-o-Y) basis.

DLF Dec qtr PAT seen up 14% at Rs 534cr: KRChoksey

KRChoksey has come out with its earning estimates on real estate sector for the quarter ended December 2010. According to the research firm, DLF December quarter sales are expected to go up by 29% to Rs 2613 crore, Year-on-Year, (Y-o-Y) basis.

Unitech Dec qtr PAT seen up 16% at Rs 204cr: KRChoksey

KRChoksey has come out with its earning estimates on real estate sector for the quarter ended December 2010. According to the research firm, Unitech December quarter sales are expected to go up by 18% to Rs 915 crore, Year-on-Year, (Y-o-Y) basis.

Sabero Organics Dec qtr PAT seen down at Rs 10cr: KRChoksey

KRChoksey has come out with its earning estimates on fertilizers sector for the quarter ended December 2010. According to the research firm, Sabero Organics December quarter sales are expected to go up by 24% to Rs 136 crore, Year-on-Year, (Y-o-Y) basis.

Deepak Fert Dec qtr PAT seen down 17% at Rs 44cr: KRChoksey

KRChoksey has come out with its earning estimates on fertilizers sector for the quarter ended December 2010. According to the research firm, Deepak Fertilizers December quarter sales are expected to go up by 19% to Rs 430 crore, Year-on-Year, (Y-o-Y) basis.

Tata Steel signs JV with Nippon Steel; stock down

Tata Steel has signed JV with Nippon Steel for auto-grade steel plant, reports CNBC-TV18. It touched an intraday high of Rs 688 and an intraday low of Rs 663.60. At 14:18 hrs the share was quoting at Rs 666.70, down Rs 17.10, or 2.50%.