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91 days Treasury Bills : Auction Result
Angel Broking is bullish on Taj GVK Hotels & Resorts and has recommended buy rating on the stock with a target of Rs 197 in its February 7, 2011 research report.
British group Reckitt Benckiser said it aimed to outperform a consumer goods industry coping with rising input costs and tough economies this year, when posting fourth-quarter earnings that missed forecasts.
India gold extended gains on Wednesday, tracking firm overseas leads and a weaker rupee, which made the dollar-quoted yellow metal expensive, prompting physical traders to avoid booking fresh deals, dealers said.
The London Stock Exchange is to buy the owner of the Toronto Stock Exchange in an all share deal to create a major centre for trading in mining shares if likely political opposition in Canada can be overcome.
Way2Wealth has recommended hold rating on Jubilant Foodworks, in its February 9, 2011 research report.
Prefer SBI and ICICI Bank in the banking space, says Hemang Jani, Sharekhan.
Sushil Finance is bullish on Nilkamal and has recommended buy rating on the stock with a target of Rs 480 in its February 8, 2011 research report.
Bahrain's TAIB Bank has acquired 3.5% in Kavveri Telecom Products Ltd through open market operations for around Rs 4 crore (USD 0.9 million).
Angel Broking is bullish on Allcargo Global Logistics and has recommended buy rating on the stock with a target of Rs 217 in its February 7, 2011 research report.
Reliance Infrastructure touched a 52-week low of Rs 492.85. At 14:40 hrs the share was quoting at Rs 515.90, down Rs 142.50, or 21.64%.
Equity benchmarks smashed out in afternoon trade at 14:46 hours, and were unstoppable in fall since previous week, especially after breaking the 5400 level. Infrastructure and Anil Dhirubhai Ambani Group (ADAG) companies' shares were slaughtered.
The government plans to award an USD 11 billion fighter jet contract by the end of March 2012, the defence minister said, as manufacturers at India's air show vied to boost their share of a fast-growing market for military hardware.
The Central Bureau of Investigation (CBI) have arrested the first executive in a probe into a billion dollar telecoms scam that has rocked the Congress party-led coalition government and undermined Prime Minister Manmohan Singh.
Thomas Cook has its Board of Directors meeting on February 17, 2011 to consider dividend for the year ended December 31, 2010.
Tata Consultancy Services (TCS) is selected by UAE Telecom Co as IT partner for 5 years, reports CNBC-TV18. It touched an intraday high of Rs 1,129.70 and an intraday low of Rs 1,102.40. At 14:37 hrs the share was quoting at Rs 1,103.85, down Rs 24.60, or 2.18%.
Asit C. Mehta has recommended hold rating on Tata Sponge Iron (TSIL) with a target of Rs 364, in its January 31, 2011 research report.
Asit C. Mehta is bullish on Thermax and has recommended accumulate rating on the stock with a target of Rs 759 in its January 31, 2011 research report.
Asit C. Mehta is bullish on Godawari Power & Ispat and has recommended buy rating on the stock with a target of Rs 190 in its February 9, 2011 research report.
The inflationary pressures that prompted China to raise interest rates for the third time in four months are evidence that the imbalances destabilising the global economy are slowly but surely being ironed out.
French carmaker PSA Peugeot Citroen is to move into the Indian market, it said on Wednesday, continuing its push for more growth from emerging markets after reporting a swing back into profit in 2010.
Bharat Petroleum Corporation (BPCL) has reported a net profit of Rs 187 crore for the quarter ended December 2010 as against Rs 379 crore in same quarter the previous year, reports CNBC-TV18. It touched an intraday high of Rs 601.40 and an intraday low of Rs 576.25. At 14:33 hrs the share was quoting at Rs 583, down Rs 15.90, or 2.65%.
With deals coming back, it seems Mahindra Satyam is getting back to normal business. The company is now looking at getting re-listed on the New York Stock Exchange by 2011-end. "We are waiting to sort two litigations before the merger. The class action law suits need to be settled," CEO CP Gurnani said.
One of the largest public sector oil marketing companies Bharat Petroleum Corporation (BPCL) has reported a net profit of Rs 187 crore for the quarter ended December 2010 as against Rs 379 crore in same quarter the previous year.
Oswal Chemicals and Fertilisers has reported a net profit of Rs 22.2 crore for the quarter ended December 2010, up 455% as compared to Rs 4 crore in same quarter the previous year, reports CNBC-TV18. It touched an intraday high of Rs 31 and an intraday low of Rs 28.15. At 14:22 hrs the share was quoting at Rs 31, up Rs 1.50, or 5.08% on the NSE.
