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The Supreme Court today came down heavily on the Centre for failing to crack the whip on black money hoarders and ordered forthwith reinstatement of three key ED officials.
Sweden's Ericsson, the world's biggest mobile networks maker, said on Thursday it planned to appoint truck maker Volvo's top executive as its new chairman.
Already reeling under huge losses and facing a liquidity crunch, Air India has suffered a loss of Rs 3,450 crores in the first half of the current fiscal.
Texmaco Rail & Engineering to trade on exchange in the list of 'T' Group Securities with effect from from March 03, 2011.
The benchmark Nifty was extremely volatile in trade at 14:57 hours after a sharp spike seen on Tuesday - supported by Budget 2011. Capital goods, auto, HDFC group and cement companies' shares were quite supportive to the markets.
India Infoline at its meeting held on March 01, 2011 has declared interim dividend at Rs 3 per share of Rs 2 per share for Financial Year 2010-2011.
KRChoksey has recommended hold rating on Cadila Healthcare with a target of Rs 810, in its February 28, 2011 research report.
A bunch of six private equity players (PEs) have signed MoU with Hero investments and the deal worth Rs 4,250 crore is likely to have 8 year lock-in period, report CNBC-TV18 quoting sources.
Mcnally Bh Engg has bagged order worth Rs 15.60 crore from Essar Projects for the Civil works of ISBL Units.
Websol Energy has signed JV agreement with Gopika Infra for the development of its land situated at Kolkata.
The Supreme Court on Thursday struck down Central Vigilance Commissioner PJ Thomas' appointment dealing a major blow to the Congress-led United Progressive Alliance Government.
ARSS Infra has bagged order worth Rs 46.11 crore from NTPC.
Jolly Board at its meeting held on March 03, 2011 has declared 2nd interim dividend at Rs 6 per share for the financial year 2010-11.
Paraan at its meeting held on March 01, 2011 has approved stock split from Rs 10 to Re 1.
Biz Stone, co-founder of popular microblogging site Twitter, denied a report that the company was in talks to sell a USD 450 million stake to a JPMorgan fund, reiterating that it was committed to remaining independent.
Berger Paints India at its meeting held on March 03, 2011 has declared interim dividend at Re 0.50 i:e 25% per share of Rs 10 each for FY 2010-11.
CRISIL Equities has assigned a grade of 3/5 to the proposed initial public offer (IPO) of PTC India Financial Services Limited (PFS), which indicates that the fundamentals of the IPO are average relative to other listed equity securities in India, according to report dated March 01, 2011.
At a time when microfinance institutions are facing a severe funds squeeze, Accion International--a private, nonprofit organization and a pioneer in microfinance--has announced that it has issued credit guarantees worth $1.5 million.
Motilal Oswal has come out with its report on Auto Sector.
Indian equity benchmarks slipped again amid a choppy trade at 14:11 hours, led by profit booking in oil & gas, metal and technology (except TCS) companies' shares.
Steel Strips Wheels February wheel rim sales were at 8.42 lakh units versus 7.04 lakh units, YoY. Its February wheel rim exports were at 74,970 units versus 56,363 units, YoY, reports CNBC-TV18. It touched an intraday high of Rs 286 and an intraday low of Rs 265.25. At 13:56 hrs the share was quoting at Rs 276.60, up Rs 4.40, or 1.62%.
National Aluminium Company (NALCO) is planning stock split, bonus issue, reports CNBC-TV18. It touched a 52-week high of Rs 455. At 13:55 hrs the share was quoting at Rs 448.90, up Rs 21.55, or 5.04%.
Canaan Partners, a multi-billion dollar global venture capital firm, has announced the appointment of Rahul Khanna as a Managing Director of Canaan India.
Ashok Leyland February total sales were at 9,800 units versus 7,869 units, YoY. Its Feb exports were at 816 units versus 777 units, YoY, reports CNBC-TV18. It touched an intraday high of Rs 53.90 and an intraday low of Rs 50.85. At 13:46 hrs the share was quoting at Rs 53, up Rs 0.95, or 1.83%.
Hindustan Dorr-Oliver has got order worth Rs 128 crore, reports CNBC-TV18. It touched an intraday high of Rs 86.85 and an intraday low of Rs 80.35. At 13:45 hrs the share was quoting at Rs 86.65, up Rs 4.05, or 4.90%.
