Emkay's view on IOCL, BPCL, Rcom, India Cem results
Emkay Global Financial Services has come out with it’s report on IOCL, BPCL, Rcom, India Cem, Cummins India, Indraprastha Gas, Tamilnadu Newsprint.
Bisleri looking to enter Middle East countries
Bottled water major Bisleri International today said it is looking at entering Middle East countries as part of its strategy to expand its overseas presence.
Minorities see bottled water as safer, buy more
Poor minority parents in the United States are spending a sizeable chunk of their income on bottled water based on unfounded beliefs that it's safer, sometimes giving up other things to do so, according to a study.
US slowdown likely temporary, QE3 not on cards: IMF
The Federal Reserve does not need to consider additional monetary policy stimulus as the world's largest economy is likely to pick up in coming quarters due to growth in exports and disposable incomes, IMF acting chief John Lipsky said on Wednesday.
Warship INS Kabra joins Indian Navy
India's latest warship ''INS Kabra'' was on Wednesday commissioned at Naval Base here by Vice Admiral K N Sushil, Flag Officer Commanding-in-Chief, Southern Naval Command.
NTPC's Mouda power plant to be fly-ash free
As part of commitment, NTPC would sell 37% of total power generated to Maharashtra, said Moghe
2G scam: Enforcement Directorate chief to brief JPC
Chief of Enforcement Directorate Arun Mathur and officials of the Finance Ministry will brief the Joint Parliamentary Committee on the ongoing investigations into the 2G scam today.
Oil lower ahead of OPEC meeting, dollar eyed
Oil lower ahead of OPEC meeting, dollar eyed
Citi to sell USD 1.7bn private equity assets: Report
Citigroup Inc will sell a USD 1.7 billion portfolio of private equity assets to European buyout firm AXA Private Equity as part of a strategy to clean up its books in the aftermath of the financial crisis, says a media report.
NTPC's 1,000-MW Mouda power plant to be functional by 2012
NTPC will set up two 500-MW units under the first phase of its Mouda power project near here by 2012 at an investment of Rs 5,700 crore, Nagpur District Guardian Minister Shivajirao Moghe said.
ONGC top loser on Nifty, stock dips 1%
Oil and Natural Gas Corporation (ONGC) was the top loser on the Nifty. It touched an intraday high of Rs 274.65 and an intraday low of Rs 270.65. At 12:08 hrs the share was quoting at Rs 272.15, down Rs 4.20, or 1.52%.
As oil demand grows, OPEC needs to up output: Poll
Global oil demand is growing faster than analysts expected just six months ago, according to a new Reuters poll that could bolster the case for OPEC to open the taps at Wednesday's meeting in Vienna.
Sensex flat in see-saw trade; RIL, ONGC slip
Equity benchmarks were completely directionless in trade today - the Nifty was hovering just around the 5550 level. Indices showed good recovery after initial sell-off following recovery in Shanghai and Nikkei but the trade remains flat.
Bajaj Finance board meet on Jun 9 to mull fund raising
Bajaj Finance board meet is on june 9 to mull fund raising via QIP, pref issue, reports CNBC-TV18. It touched an intraday high of Rs 638 and an intraday low of Rs 615.50. At 11:57 hrs the share was quoting at Rs 633, up Rs 13.40, or 2.16%.
TVS Motor expects sales to grow over 14% this fiscal
Chennai-based TVS Motor Co today said it expects sales to grow by over 14% this fiscal and is gearing up to launch two new models toward the end of the calendar year.
Apple supplier Hon Hai sees revenue take off this year
Hon Hai Precision Industry, Apple Inc's biggest manufacturing partner, said on Wednesday it expects revenue to be much higher this year than the TWD 2.9 trillion (USD 101 billion) of a year earlier.
Mphasis board to consider buyback of up to $ 65 mn
Mphasis touched an intraday high of Rs 486.15 and an intraday low of Rs 466.15. At 11:20 hrs the share was quoting at Rs 483.25, up Rs 16.05, or 3.44%.
Bull's Eye: Must-have stocks in your portfolio
Bull's Eye, the popular game show on CNBC-TV18, offer investors a chance to have a look at the stocks that can be added to their portfolio.
Tata Motors in talks with bankers for $500mn overseas issue
Tata Motors is in talks with bankers for USD 500 million overseas issue reports CNBC-TV18 quoting Agencies sources
Kallis named South African Cricketer of the Year
All-rounder Jacques Kallis dominated the South African Cricket Awards, winning three of them, including the prestigious Cricketer of the Year.
HC dismisses Kanimozhi, Kalaignar TV MD bail plea
The Delhi High Court today dismissed the bail pleas of DMK MP Kanimozhi and Kalaignar TV MD Sharad Kumar. The court on May 30 reserved order on the bail plea of the 2G scam accused.
CMC quotes ex-bonus today
CMC is quoting ex-bonus today. The company has approved issue of bonus shares in the ratio of one equity share for each equity share held on April 18, 2011.
UBS names Mittal head of India investment banking: memo
UBS AG has appointed Ashok Mittal as head of investment banking for India, according to an internal memo seen by Reuters on Wednesday.
Govt to infuse Rs 12k cr in SBI's Rs 20K cr rights issue
Finally the much awaited rights issue of State Bank of India (SBI) may see light of the day soon. According to the country's largest lender, government is ready to support the rights issue by contributing Rs 12000 crore, reports CNBC-TV18 quoting Dow Jones.
Hazare on fast for 'second freedom struggle'
Taking on the government, civil rights activist Anna Hazare on Wednesday went on a day-long fast at Rajghat, declaring that his agitation against corruption was the "second freedom struggle" and threatened another hunger strike from August 16 if Lokpal Bill is not passed by then.
