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MindTree’s board has elected Dr. Albert Hieronimus as the new chairman of the company, following the resignation of Ashok Soota, who was the executive chairman till March 31, the mid-cap IT solutions provider said Friday.
TVS Motor Company touched an intraday high of Rs 63 and an intraday low of Rs 60.50. At 10:03 hrs the share was quoting at Rs 61.85, up Rs 1.85, or 3.08%.
MindTree touched an intraday high of Rs 424 and an intraday low of Rs 400. At 09:46 hrs the share was quoting at Rs 410.05, up Rs 17.05, or 4.34%. Dr Albert Hieronimus has appointed as a new chairman of the company. Earlier Dr Hieronimus was MD of Bosch, reports CNBC-TV18.
Be Cautious from 11th April 2011, deception & abrupt volatility will start again.
Kingfisher Airlines has converted its 7.5% compulsorily convertible preference shares at Rs 64.48 per share to reduce its debt by Rs 750 crore, reports The Economic Times. It touched an intraday high of Rs 41 and an intraday low of Rs 40. At 09:42 hrs the share was quoting at Rs 40.65, up Rs 0.75, or 1.88%.
Clutch Auto has approved allotment of 12.5 lakh shares to Promoter upon warrant conversion, reports CNBC-TV18. It touched an intraday high of Rs 50.90 and an intraday low of Rs 49.65. At 09:40 hrs the share was quoting at Rs 50.20, up Rs 0.75, or 1.52% on the NSE.
Hindustan Unilever (HUL) has hiked prices of its laundry products Surf Excel, Rin and Wheel to offset raw material cost hike, reports The Times Of India. It touched an intraday high of Rs 289.90 and an intraday low of Rs 284.10. At 09:39 hrs the share was quoting at Rs 287.70, up Rs 3.10, or 1.09%.
Banking and pharma sectors will be getting astrological support, says Satish Gupta of astrostocktips.
Tata Power Company has commissioned 120MW unit 5 at the Jojobera thermal power station in Jamshedpur, reports CNBC-TV18. It touched an intraday high of Rs 1,338 and an intraday low of Rs 1,320. At 09:36 hrs the share was quoting at Rs 1,320.35, down Rs 10, or 0.75%.
Kalpataru Power Transmission is going to acquire Bayer Cropscience 100 acre land in Thane with an initial amount of Rs 260 crore while the final price is yet to be decided, reports The Economic Times. It touched an intraday high of Rs 147.90 and an intraday low of Rs 139.95. At 09:31 hrs the share was quoting at Rs 144.50, up Rs 10.10, or 7.51%.
For those who eye the sunny shores of the Mediterranean for their next vacation, or the next shopping spree at the up-end label from the UK, Pranab Mukherjee’s 33-page Budget Speech might as well have been a 140-character tweet.
India has joined an exclusive club with the knowhow to process titanium sponge, a key material in space and defence applications.
Andhra Pradesh Paper Mills open offer price is at Rs 544 per share, reports CNBC-TV18. It touched a 52-week high of Rs 311.65. At 09:20 hrs the share was quoting at Rs 311.65, up Rs 28.30, or 9.99%.
Indian equity benchmarks were quiet in opening trade on the first day of financial year 2011-12, but they still maintained a positive trend.
The coming session is likely to witness a resistance at the 5900 levels on advances. Support is likely at the 5775 below which the 5735 maybe tested.
Chinese authorities found three companies linked to Google Inc broke tax rules and are investigating possible tax avoidance, a Chinese state-run newspaper said on Thursday, raising the risk of fresh pressure on the Internet search giant.
Money Market Operations as on March 31, 2011
Canadian singer Michael Buble married his longtime fiancee, actress Luisana Loreley Lopilato de la Torre, in a civil ceremony in Buenos Aires, Argentina on Thursday.
Pakistan World Cup captain Shahid Afridi has withdrawn from next month's tour to West Indies, a source at the national cricket board told Reuters on Thursday.
The problem with replacing Warren Buffett as Berkshire Hathaway Inc's chief executive officer is that the replacement will not be Warren Buffett.
Ten new exchange-traded funds suffered their own mini "flash crashes" just after the stock market opened on Thursday, suggesting recent measures put in place to protect against violent market moves may not be enough.
Toyota Motor Corp's US sales arm said it will raise retail prices for its models sold in the US market to counter Japanese yen gains on the US dollar.
A green auction at Christie's to benefit the environment raised USD 1.4 million, with bidders paying USD 100,000 for a trip to the hottest Oscars parties or a day with former President Bill Clinton.
Brain scans of aggressive, antisocial teenage boys with the condition known as conduct disorder have found differences in the size and structure of parts of the brain that may be linked to their behaviour.
Colombian pop star Shakira pledged USD 400,000 on Thursday to help rebuild a school for girls in Haiti that was severely damaged during the country's devastating earthquake last year.
