Indian ADRs: HDFC Bank gains 4%, Sterlite up 3%
Indian ADRs ended mixed on Thursday. In Banking space, ICICI Bank was up 2.74% at $ 46.06 and HDFC Bank was up 4.14% at $ 160.73. In Telecom space, MTNL was down 0.5% at $ 2.01 while Tata Communication was up 1.18% at $ 9.47.
US stocks end flat on disappointing data
In the US markets, it was a tepid session with the key indices closing marginally in the green as investors digested disappointing data.
IOC buys at least 2 million barrels of Nigerian crude
Indian Oil Corp (IOC) has bought at least one very large crude carrier, or about 2 million barrels, of Nigerian crude oil for July via tender, traders said on Thursday.
Stitch-up foes urge open IMF race as Lagarde leads
Beijing dug its heels in against Western domination of the International Monetary Fund on Thursday as French frontrunner Christine Lagarde prepared to build on her headstart in the race for the top IMF job.
CCI to examine proposed JV between Star and Zee Group
Competition watchdog CCI will examine the proposed alliance between two leading electronic media conglomerates, Star India and Zee Group, to see whether the deal conforms to the anti-trust norms.
CCI to issue 'cease and desist' order against NSE soon
Competition watchdog CCI is likely to issue 'cease and desist' order shortly against National Stock Exchange (NSE) to stop the country's premier bourse from subsidising its currency derivative operations.
Winds of change blowing in West Asia and Africa: PM
Noting the "winds of change" that are blowing in West Asia and North Africa, Prime Minister Manmohan Singh today said people have the right to choose their destiny but advocated strict adherence to the United Nations framework while initiating any international action.
Reliance Infra Q4 PAT seen up 5% at Rs 265 cr
Reliance Infrastructure is to announce its fourth quarter results. According to CNBC-TV18's estimates, the company's Q4FY11 total income is seen up 25% at Rs 3308 crore versus Rs 2644 crore, year-on-year, YoY.
Tata Motors plans up annual capex for India ops
Tata Motors has earmarked Rs 3000 crore to Rs 3500 crore (USD 662 million- USD 773 million) in annual average capital expenditure for its India operations over the next few years
US corporate profits fall, jobless claims up
US corporate profits contracted in the first quarter for the first time in more than two years and the economy grew at the same pedestrian pace as previously estimated, government data showed on Thursday.
S Africa will not bid for 2020 Games
South Africa will not bid for the 2020 Olympics, a government spokesman said on Thursday, ending speculation that the 2010 World Cup host would follow emerging-market rival Brazil as an Olympic host.
CCI looks at Zee Turner-Star Den alliance: Sources
The mega Zee-Turner and Star-Den alliance has caught the attention of the Competition Commission of India. Sources tell CNBC-TV18, the CCI will examine the deal under Section 3 of the Competition Act which deals with anti-competitive agreements.
GSPL Q4 net profit up at Rs 151 cr
GSPL has announced its fourth quarter results. The company's Q4 net profit was up at Rs 151 crore versus Rs 108 crore.
Reliance Chemotex declares dividend at 10% per share
Reliance Chemotex at its meeting held on May 26, 2011 has declared dividend at 10% per share.
Raj Rayon Industries declares dividend at Re 0.30 per share
Raj Rayon Industries at its meeting held on May 26, 2011 has declared dividend at Re 0.30 per share.
Pudumjee Pulp declares dividend at Re 0.30 per share
Pudumjee Pulp at its meeting held on May 26, 2011 has declared dividend at Re 0.30 per share for the year ended March 31, 2011.
FDC declares dividend at Rs 2 per share
FDC at its meeting held on May 26, 2011 has declared dividend at Rs 2 per share for the financial year 2010-2011.
Dishman Pharma declares dividend at Rs 1.20 per share
Dishman Pharma at its meeting held on May 26, 2011 has declared dividend at Rs 1.20 per share of Rs 2 each for the Financial year 2010-11.
Welspun Corp declares dividend at Rs 2 per share
Welspun Corp at its meeting held on May 26, 2011 has declared dividend at Rs 2 per share of Rs 5 each.
Premco Global declares dividend at Rs 1.20 per share
Premco Global at its meeting held on May 26, 2011 has declared dividend at Rs 1.20 per share of Rs 10 each for the year ended March 31, 2011.
Hindustan Petroleum declares final dividend at Rs 14 per share
Hindustan Petroleum at its meeting held on May 26, 2011 has declared final dividend at Rs 14 per share.
ZF Steering Gear declares final dividend at Rs 5 per share
ZF Steering Gear at its meeting held on May 26, 2011 has declared final dividend at Rs 5 per share Rs 10 each for the year 2010-11.
Tech Mahindra declares dividend at Rs 4 per share
Tech Mahindra at its meeting held on May 26, 2011 has declared dividend at Rs 4 per share of Rs 10 each for the financial year ended March 31, 2011.
Menon Pistons declares dividend at Rs 3.5 per share
Menon Pistons at its meeting held on May 26, 2011 has declared dividend at Rs 3.5 per share of Rs 10 each for the financial year ended March 31, 2011.
Ramky Infra declares final dividend at Rs 4.50 per share
Ramky Infrastructure at its meeting held on May 26, 2011 has declared final dividend at Rs 4.50 per share of Rs 10 each.
