Dell To Buy SecureWorks
Dell Inc has agreed to buy SecureWorks, a computer security company, to expand its technology services business.
FPO likely by 2nd week of Feb: SAIL
India's second largest steel company Steel Authority of India (SAIL) said its follow-on public offer (FPO) was likely by second week of February, reports CNBC-TV18 DJ.
Hinduja Foundries operation at Ennore unit get disrupt
Hinduja Foundries operation at Ennore unit has disrupted from January 4 on wage issues.
China to let yuan rise 5% in 2011: Report
China will let the yuan rise about 5% against the dollar in 2011 as it needs a stronger currency to combat inflation and avert asset bubbles, an official newspaper said on Wednesday.
Ugar Sugar board okays sale of Jewargi unit; stk down
Ugar Sugar Works board has okayed sale of Jewargi unit consisting of sugar, reports CNBC-TV18. It touched an intraday high of Rs 22.50 and an intraday low of Rs 19.80. At 12:06 hrs the share was quoting at Rs 19.95, down Rs 0.50, or 2.44%.
Subex completes implementation of ROC TM Revenue Assurance Solution
Subex has successfully completed implementation of its ROC TM Revenue Assurance Solution for leading South East Asian Operator.
ITC to hike Bristol cigarette prices by 12%; stk up
ITC is going to hike Bristol cigarette prices by 12%, quoting NewsWire18, reports CNBC-TV18. It touched an intraday high of Rs 178.40 and an intraday low of Rs 175.75. At 12:04 hrs the share was quoting at Rs 178.20, up Rs 0.75, or 0.42%.
Hind Copper FPO may be priced at Rs 120-140/sh: Sources
State-owned Hindustan Copper will be launching follow-on public offer (FPO) soon, which may be priced at Rs 120-140/share, reports CNBC-TV18 quoting sources of NW18.
CLSA downgrades Bajaj Auto to underperform
CLSA downgraded motorcycle and three-wheeled motorised rickshaw maker Bajaj Auto to "underperform" from "outperform" on Wednesday, a note seen by Reuters showed.
Sell Hindustan Zinc; target of Rs 1260: Aditya Birla Money
Aditya Birla Money is bearish on Hindustan Zinc and has recommended sell rating on the stock with a target of Rs 1260 in its January 5, 2011 research report.
Lupin signs strategic agreement with Farmanguinhos, Brazil
Lupin has signed strategic agreement with Farmanguinhos, Brazil for tuberculosis drug supply.
Lupin in strategic pact with Brazil co; stk up
Lupin is in strategic five year pact with Brazil co Farmanguinhos for Tuberculosis drug supply, reports CNBC-TV18. It touched an intraday high of Rs 493.30 and an intraday low of Rs 486. At 11:40 hrs the share was quoting at Rs 490.75, up Rs 1.70, or 0.35%.
Gravita India subsidiary Gravita Exim completes disinvestment of 28 cr shares
Gravita India subsidiary Gravita Exim has completed disinvestment of 28 cr shares of ZMK 1 each in Gravita Zambia.
Nifty tests 6100; banks, telecom, realty, cap goods dip
At 11:32 hours IST - the benchmark Nifty has tested the 6100-mark on the back of further sell-off in financial, metal, telecom, realty, Anil Dhirubhai Ambani Group (ADAG) and capital goods companies' shares.
Underwriting Auctions for Government Securities
Underwriting Auctions for Government Securities
Hindustan Oil finds more gas in Assam block
Hindustan Oil Exploration Company (HOEC) has discovered more gas in Assam block, reports CNBC-TV18. It touched an intraday high of Rs 250.80 and an intraday low of Rs 235. At 11:36 hrs the share was quoting at Rs 249.05, up Rs 8.55, or 3.56%.
Business Value Hype Will Drive Enterprises In 2011
Enterprises worldwide have been wading through a maze of hype around latest and disruptive technology innovations. However, the year 2011 is likely to bring back some rationality as enterprises are expected to cut through this maze.
Liquidity Adjustment Facility : Auction Results
Liquidity Adjustment Facility : Auction Results
Suryajyoti Spinning Mills to allot 5 lac share to Credit Suisse (Singapore)
Suryajyoti Spinning Mills has allotted 5 lac shares to Credit Suisse (Singapore) upon conversion of FCCB to the extent of USD 0.5 million.
Buy Natco Pharma; target of Rs 339: IIFL
IIFL is bullish on Natco Pharma and has recommended buy rating on the stock with a target of Rs 339 in its January 5, 2011 research report.
Nelcast to consider payment of special dividend
Nelcast has its Board of Directors meeting on January 17, 2011 to consider payment of special dividend if any.
Buy Exide Industries; target of Rs 180: IIFL
IIFL is bullish on Exide Industries and has recommended buy rating on the stock with a target of Rs 180 in its January 5, 2011 research report.
Suzlon chairman: 'No question' of family exiting firm
The controlling shareholder of Indian wind turbine maker Suzlon Energy said there is "no question" of exiting the company, after media reports on Tuesday said a rival was looking to buy a controlling stake.
BofA Merrill upgrades Infosys to buy
Bank of America Merrill Lynch has raised Indian software services provider Infosys Technologies to buy from neutral, according to a note seen by Reuters.
