OnMobile Global Q3 net profit seen down at Rs 16.73 cr
OnMobile Global is set to announce its results for the quarter ended December 2010. According to CNBC-TV18 estimates, its net profit is expected to go down at Rs 16.73 crore as against Rs 22.83 crore on quarter-on-quarter basis.
Glodyne Q3 Revenues at Rs 495 cr up 163%
Glodyne Q3 FY 10 -11 Revenues at Rs 495 cr up 163% YoY
Pramerica Mutual Fund launches Short Term Income Fund
Pramerica Mutual Fund has launched Pramerica Short Term Income Fund - an open-ended income Fund, aims to generate regular returns with moderate level of risk by investing primarily into a portfolio of debt securities and money market instruments of short term maturity.
Tribhovandas Bhimji Zaveri files DRHP with SEBI
Tribhovandas Bhimji Zaveri, a well-known and trusted jewellery retailer in India, has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for a public issue of 16,666,667 equity shares of face value of Rs 10 each.
Lower food inflation, tame realty prices say homemakers
Favourite of many, bhel and bhajiya do not taste the same anymore. Blame it on the rising food price especially onion. Complains 34-year old Sujata Rao, housewife, that managing a middle class house has not been so difficult ever.
Hold Tech Mahindra; tgt of Rs 765: Anand Rathi Securities
Anand Rathi Securities has recommended hold rating on Tech Mahindra with a target of Rs 765 in its January 24, 2011 research report.
Omkar Speciality Chemicals IPO subscribed 4.67 times
Omkar Speciality Chemicals' initial public offering has received good response from investors - especially from retail and HNIs. The issue, which closed today, was subscribed 4.67 times, as per NSE website.
Page Industries to consider 3rd interim dividend
Page Industries has its Board of Directors meeting on February 11, 2011 to consider 3rd interim dividend for the year 2010-11.
Bye Bye Tax Holiday!
- By DV Manohar, Director and Vasudha Acharya, Senior Manager- Deloitte Haskins & Sells
Hold Dr Reddys Labs; target 1594: PINC Research
PINC Research has recommended hold rating on Dr Reddys Laboratories with a target of Rs 1594 in its January 27, 2011 research report.
Accumulate Asian Paints; target of Rs 3016: Angel Broking
Angel Broking is bullish on Asian Paints and has recommended accumulate rating on the stock with a target of Rs 3016 in its January 25, 2011 research report.
ePlanet Ventures is now ePlanet Capital
ePlanet Ventures, the venture and growth capital investor, has undergone an identity makeover to be now known as ePlanet Capital to reflect shift in investment focus.
Buy Union Bank of India; target of Rs 428: Karvy
Karvy Stock Broking is bullish on Union Bank of India and has recommended buy rating on the stock with a target of Rs 428 in its January 25, 2011 research report.
Buy DB Corp; target of Rs 310: KRChoksey
KRChoksey is bullish on DB Corp and has recommended buy rating on the stock with a target of Rs 310 in its January 25, 2011 research report.
Buy United Phosphorous; target of Rs 198: Angel Broking
Angel Broking is bullish on United Phosphorous and has recommended buy rating on the stock with a target of Rs 198 in its January 25, 2011 research report.
Supreme Court orders govt to probe black money
The Supreme Court asked the government on Thursday to probe billion of dollars of illegal funds stashed by Indians abroad, ratcheting up the pressure on the Congress-coalition to fight corruption in high places.
Thermax Q3 net profit up at Rs 100 cr
Thermax has declared its third quarter results. The company’s Q3 net profit was up at Rs 100 crore versus Rs 56.5 crore, YoY.
Dalmia Bharat Sugar Q3 net profit down at Rs 11.7 cr
Dalmia Bharat Sugar and Industries has declared its third quarter results. The company’s Q3 net profit was down at Rs 11.7 crore versus Rs 22.6 crore, YoY.
Bank of India an outperformer: Karvy Stock Broking
Karvy Stock Broking has maintained an outperformer rating on Bank of India with a target of Rs 540 in its January 24, 2011 research report.
Midvalley Entertainment ends 17% lower on debut
Media and entertainment company Midvalley Entertainment started the first session on a positive note but rally fizzled out in last one hour of trade today. The stock settled at Rs 58.05, down 17% from issue price of Rs 70 a share on Bombay Stock Exchange.
Hold Godrej Con: Parag Parikh Financial Advisory Services
Parag Parikh Financial Advisory Services has recommended hold rating on Godrej Consumer Products in its January 27, 2011 research report.
Buy Polaris Soft; tgt of Rs 235: Anand Rathi Securities
Anand Rathi Securities is bullish on Polaris Software and has recommended buy rating on the stock with a target of Rs 235 in its January 24, 2011 research report.
HDFC Bank Q3 net profit up 32.89% at Rs 1087 cr
India's third largest lender HDFC Bank has announced its results for the quarter ended December 2010. It has reported a net profit of Rs 1,087 crore as against Rs 818 crore, a massive growth of 32.89% on year-on-year basis.
Nifty ends below 200 DMA on expiry; all sectors dip
Indian equities were slaughtered on Thursday led by sell-off across sectors and closed the day of January series expiry as well as entire series with sharp cut. The benchmark Nifty shut shop below the 200 daily moving average (DMA) of 5,619 and touched the four and half months low at close today.
