SRF gets board OK to invest Rs 6.65b
Chemicals and tyre-cord maker SRF said on Monday it received board approval to invest Rs 6.65 billion for expansion, including setting up of a packaging film plant in South Africa.
Buy Ashok Leyland; target of Rs 51: Aditya Birla Money
Aditya Birla Money is bullish on Ashok Leyland and has recommended buy rating on the stock with a target of Rs 51 in its February 28, 2011 research report.
Disinvestment figure key to watch for in budget: Damani
Ramesh Damani, member of BSE says expectations are fairly low at this point from the Union Budget.
With $38 bn cash, Warren Buffett looking for deals
Warren Buffett is looking for acquisitions as an outlet to deploy his USD 38 billion cash pile, the legendary investor said in his annual letter to Berkshire Hathaway Inc shareholders on Saturday.
Markets steady ahead of Union Budget 2011
The benchmark Nifty has touched the 5350 level ahead of union budget 2011 today, pushed up by oil & gas, capital goods, power, FMCG, technology and select financial companies' shares.
Colin Firth wins Oscar for 'King's Speech'
British actor Colin Firth won the Academy Award on Sunday for his lead role as stammering wartime monarch King George VI in The King's Speech.
King's Speech crowned big winner at Oscars
The King's Speech won four Oscars including best film on Sunday during Hollywood's biggest night when many front-runners claimed glory including Colin Firth and Natalie Portman for best actor and actress.
Provogue advances 5.7%
Provogue (India) touched an intraday high of Rs 42.30 and an intraday low of Rs 40. At 10:34 hrs the share was quoting at Rs 41.75, up Rs 2.25, or 5.70%.
Rupee has support at 45.36/ USD: Alpari
Alpari has come out with a report on USD/INR Daily Report.
Power Grid among major gainers
Power Grid Corporation of India was among major gainers on the Nifty. It touched an intraday high of Rs 104.40 and an intraday low of Rs 99.70. At 10:36 hrs the share was quoting at Rs 103.80, up Rs 4.60, or 4.64%.
Buy Mphasis; target of Rs 623: Angel Broking
Angel Broking is bullish on Mphasis and has recommended buy rating on the stock with a target of Rs 623 in its February 25, 2011 research report.
Price hike to add $1.4b revenue in FY12: Coal India
Coal India, the world's largest coal miner, said on Monday it would get Rs 62 billion (USD 1.4 billion) in additional revenue in the next fiscal year that begins in April after revision in coal prices, sending its shares up more than 11%.
Areva T&D Q4 declares Q4 results; stk down
Areva T&D Q4 PAT was up 29.2% at Rs 88 crore versus Rs 68.1 crore, reports CNBC-TV18. IT touched an intraday high of Rs 285 and an intraday low of Rs 276.75. At 10:08 hrs the share was quoting at Rs 277.80, down Rs 6.10, or 2.15%.
Natalie Portman wins Oscar for 'Black Swan'
Natalie Portman won the best actress Academy Award on Sunday for her role as an unhinged ballerina in Black Swan.
Rupee stuck in thin band before budget
The rupee was stuck in a narrow band on Monday as traders were reluctant to enter market before the budget is unveiled around 0530 GMT.
Nifty extends gains ahead of Budget 2011
The 50-share NSE Nifty extended gains a bit ahead of Union Budget 2011 today at 10:05 hours. Market expects some announcements towards the DTC, GST, FDI in retail, banking license, oil subsidy and fertiliser subsidy.
Pantaloon Retail moves up smartly
Pantaloon Retail touched an intraday high of Rs 295 and an intraday low of Rs 284.05. At 10:02 hrs the share was quoting at Rs 294.70, up Rs 17.15, or 6.18%.
Tom Hooper wins directing Oscar for King's Speech
British filmmaker Tom Hopper won the Academy Award for directing The King's Speech, marking the second win for the Oscars front-runner on Sunday.
Compete list of Oscar winners
Compete list of winners to date at the 83rd annual Academy Awards taking place in Hollywood on Sunday.
NBFC gains in anticipation of banking license
Today the non-banking finance companies (NBFC's) have rallied strongly in anticipation of banking license. At 09:46 hrs Reliance Capital was quoting at Rs 471.70, up Rs 18.55, or 4.09%.
IT slaps tax demand of over Rs 450 cr on Infosys
Infosys Technologies touched an intraday high of Rs 3,058 and an intraday low of Rs 3,015. At 09:46 hrs the share was quoting at Rs 3,043, up Rs 34.75, or 1.16%.
Union Budget 2011
The embattled government faces the daunting task of appeasing voters weary of high inflation while trying to tame its fiscal deficit when it presents its budget for the next fiscal year today at 11 AM.
RIL applies for government nod for BP deal; stk up
Reliance Industries (RIL) has formally applied for government nod for BP deal, quoting Sources, reports CNBC-TV18. It touched an intraday high of Rs 978.75 and an intraday low of Rs 968.25. At 09:36 hrs the share was quoting at Rs 978.70, up Rs 12.75, or 1.32%.
Asian shares dip; emerging Asia outflows may persist
Asian shares on Monday slipped back toward a three-month low hit last week, with emerging Asian equities seen likely to keep lagging developed markets as investors fret about risks from inflation.
Sensex gains 100 points ahead of budget
The benchmark Sensex added 100 points ahead of Union Budget 2011-12 today, supported by financial, oil & gas, infrastructure, technology and metal companies' shares.
