Greece will immediately default if its parliament does not support the government's economic austerity proposals this week, European Economics and Monetary Affairs Commissioner Olli Rehn said on Tuesday.
Angel Broking is bullish on Oil and Natural Gas Corporation (ONGC) and has recommended Accumulate rating on the stock with a target of Rs 325 in its June 27, 2011 research report.
Bilcare has its Board of Directors meeting on July 11, 2011 to consider dividend.
Kolkata-based Emami Ltd today said it is scouting for acquisitions in the healthcare space to expand the footprint of its hospitals business in the country.
National Plastic at its meeting held on June 27, 2011 has declared dividend at Re 1 per share for the financial year ended March 31, 2011.
Mukand at their meeting held on May 27, 2011 has declared dividend at Re 1 per share.
The State Trading Corporation of India at its meeting held on June 24, 2011 has declared dividend at Rs 3 per share.
Fitch Rating has come out with its report on global economic outlook.
The 30-share BSE Sensex closed the session marginally higher amid a choppy trade on Tuesday. More importantly, it continued its uptrend for fifth consecutive session, aided by financial, capital goods, power, telecom and auto companies' shares.
Private sector lender Karnataka Bank aims to grow its retail business to 60% of total from current 55%, a senior official said on Tuesday.
If the Greek parliament does not support the government's economic austerity plans it will result in immediate default, European Economics and Monetary Affairs Commissioner Olli Rehn said on Tuesday.
Thousands of demonstrators began gathering in front of the Greek parliament on Tuesday at the start of a two-day strike to protest against painful cuts demanded by international lenders as the price for more financial aid.
Private sector IndusInd Bank today said it plans to open about 400 branches over a period of three years to expand its presence in the country.
India's per capita income could touch USD 10,000 by 2039, up from USD 1,000 at present, if sustained economic growth of over 8% is maintained for the next 25 years, the country's Chief Economic Advisor Kaushik Basu said.
Trying to hardsell India, Finance Minister Pranab Mukherjee today assured the US business community that the country's growth story was intact and it was committed to expediting reforms and further liberalisation of the foreign investment regime.
Firstcall Research is bullish on SKF India and has recommended buy rating on the stock with a target of Rs 723 in its June 25, 2011 research report.
Drug firm Jubilant Life Sciences today said its US-based arm has entered into an agreement with Janssen Pharmaceutica NV to deliver pre-clinical candidates in the area of neuroscience to the Belgium-based firm.
Working Journalists and other employees working in various newspapers and agencies today held protests against Union government for delay in notifying the recommendations made by justice Majithia wage board.
GMR Infrastructure touched an intraday high of Rs 33.20 and an intraday low of Rs 31.85. At 15:26 hrs the share was quoting at Rs 32.85, up Rs 1.15, or 3.63%.
BNP Paribas Mutual Fund has announced dividends under dividend option of BNP Paribas Dividend Yield Fund and BNP Paribas Sustainable Development Fund, for which the record date has been fixed as June 30, 2011.
The market was trading flat, with a positive bias; but midcaps as well as smallcaps were seeing buying interest ahead of expiry on Thursday. Midcaps like Max India, Punj Lloyd, Jain Irrigation, TTML and GMR Infrastructure were witnessing long build up.
Punj Lloyd touched an intraday high of Rs 71.80 and an intraday low of Rs 67.35. At 15:24 hrs the share was quoting at Rs 71.15, up Rs 4.20, or 6.27%.
35 Days Cash Management Bills : Auction Result
Sterling Bio touched a 52-week low of Rs 84. At 15:19 hrs the share was quoting at Rs 85.55, down Rs 7.60, or 8.16%. Income Tax (IT) department has conducted raid on the company, reports CNBC-TV18, quoting Sources.
Max India touched a 52-week high of Rs 191.60. At 15:20 hrs the share was quoting at Rs 187.75, up Rs 10.95, or 6.19%.