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Wipro Consumer Care & Lighting (WCCLG), the FMCG division of Wipro, has dragged Bangalore-based furniture manufacturers V3 Engineers (P) to court for infringement of their registered designs, reports The Financial Express.
Apax Partners is expected to throw its weight behind one of the bidders who will be interested in buying some brands of Henkel India, primarily in the laundry and personal care segments, reports Business Standard.
Earthquake and then Tsunami made havoc in Japan, many people died and countless are now homeless.
Hipolin, a promising brand of yesteryears, has suddenly caught the fancy of FMCG biggies, reports The Times of India.
IDBI Mutual Fund launches IDBI Short Term Bond Fund, an open-ended debt scheme that aims to provide investors with regular income for their investment.
Kotak Mutual Fund has enhanced its coverage in engineering & capital goods, banking & financial services and telecommunication sector. However, it reduced its exposure in information technology, automotive and pharmaceuticals sector.
Sree Rayalaseema Hi-Strength Hypo at its meeting held on March 16, 2011 has declared interim dividend at Rs 1.50 per share of Rs 10 each.
Educomp Solutions has bagged multimedia content development project from Government of Gujarat and Assam.
Japan's nuclear crisis appeared to be spinning out of control on Wednesday after workers withdrew briefly from a stricken power plant because of surging radiation levels, but desperate efforts to avert a catastrophic meltdown quickly resumed.
DSP BlackRock Mutual Fund has slashed its exposure in engineering & capital goods, oil & gas and pharmaceuticals sector. However, it increased its investments in banking & financial services, metals & mining and tobacco space.
Former telecom minister A Raja's close associate Sadiq Batcha allegedly committed suicide in Chennai on Wednesday.
The whole thing about unforeseen events is that it is unforeseen. No one can really expect an earthquake of such high magnitude as Japan. Investors are sitting on potential large dips in portfolio values. What is the course of action to be followed now?
OPEC could meet to assess the crude demand and supply situation after the crisis in Japan, Nigeria's foreign minister said on Wednesday, though the group's Gulf members have said there was no need to meet before June.
Equity benchmarks recouped all their previous day's losses today on the back of recovery in global markets. But there was some profit booking at higher levels, which could be because of rise in crude oil prices again.
ICICI Bank touched an intraday high of Rs 1,030 and an intraday low of Rs 1,002. At 13:59 hrs the share was quoting at Rs 1,028.90, up Rs 32.45, or 3.26%.
Ambuja Cements touched an intraday high of Rs 129.25 and an intraday low of Rs 125.50. At 13:58 hrs the share was quoting at Rs 129.20, up Rs 4, or 3.19%.
JSW Steel touched an intraday high of Rs 929.95 and an intraday low of Rs 895. At 13:47 hrs the share was quoting at Rs 907, down Rs 2.15, or 0.24%.
Watch and jewellery maker Titan Industries plans to open 250 stores across India in 2011-12 (April-March), compared with 150 stores last financial year, a senior company official told moneycontrol.com.
CIC Energy Corp further extended the closing date for its acquisition by Indian firm JSW Energy by two and a half months, as the Canadian coal miner attempts to deal with an arbitration notice filed by its partner in a power project in Botswana.
Reliance MediaWorks touched an intraday high of Rs 154.50 and an intraday low of Rs 148.75. At 13:30 hrs the share was quoting at Rs 153.20, up Rs 5.90, or 4.01%.
HCL Technologies touched an intraday high of Rs 464.90 and an intraday low of Rs 455.10. At 13:23 hrs the share was quoting at Rs 464, up Rs 10.25, or 2.26%.
Ahead of Reserve Bank of India's mid-quarter policy review on Thursday, interest rate sensitive sectors like banking and realty have taken a big hit owing to the fear of a rate hike. However, the road is unlikey to be that much bumpy for the auto sector.
Brent crude rose USD 1 towards USD 110 after Bahraini security forces attempted to clear protesters on Wednesday, rebounding from a three-week low near USD 107 earlier in the day.
MLR Securities is bullish on ESS DEE Aluminium and has recommended buy rating on the stock with a target of Rs 551 in its March 15, 2011 research report.
Foreign institutional investors (FIIs) put in bids for about $4.3 billion of Indian government securities and corporate bonds, or nearly double the stock on offer, indicating robust appetite for Indian debt, five market sources said on Wednesday.
