Kitara Capital to invest $18 m in MyTVS
MyTVS, a multi-brand car service network and a subsidiary of Chennai-based USD 4-billion TVS Group, is raising USD 18 million from Mumbai-based private equity firm Kitara Capital, sources close to the development told VCCircle.
2G con: CBI to grill DB's Goenka, Unitech MD in for inquiry
The Central Bureau of Investigation has now turned its scanner on Vinod Goenka—the chairman of DB Realty. Unitech MD Sanjay Chandra is also reportedly at the CBI headquarters to be interrogated.
Second Liquidity Adjustment Facility : Auction Results
Second Liquidity Adjustment Facility : Auction Results
LIC Housing Fianace rise 7% on EPFO's investment decision
LIC Housing Finance shares rose nearly 7% on Tuesday to close at Rs 190, after the Employees’ Provident Fund Organisation (EPFO) said it would resume investing in the company’s bonds. While the stock price fell 29% in the last three months, it gained 14% in the last 3 days.
Jai Balaji Ind Q3FY11 profit up at Rs 19.9 cr
Jai Balaji Group Q3FY11 sales were up 27.8% at 578.5 crore versus Rs 452 crore. (Driven by higher volumes and improved realisations)
Govt should drop all surcharges on income tax: Adi Godrej
Adi Godrej, Chairman of Godrej Group expects all surcharges on income tax being dropped this budget. He would also like the minimum alternate tax rate to be reduced to about 10-12%
ICRA assigns grade 3 to AGS Transact IPO
ICRA has assigned an grade 3, indicating average fundamentals, to the proposed initial public offering (IPO) of AGS Transact Technologies (AGSTTL)
Split after record exit year for Sequoia India
The split within the ranks of Sequoia comes after a fairly prominent year of investments as well as exits for the private equity/venture capital firm.
Sudar Garments IPO to open on Feb 21
Apparel manufacturer Sudar Garments is entering capital market with a public issue of 90.88 lakh equity shares of Rs 10 each on February 21.
Pioneer Emb Q3 net profit at Rs 3.81 cr
Pioneer Embroiders Q3 net sales were up 27% at Rs 46.85 crore versus Rs 36.81, year-on-year, YoY.
Above Rs 113, RCom can add 20-25%: Mohindar
Above Rs 113, Reliance Communications can add 20-25%, says Rahul Mohindar of Viratechindia.
HCL opens Global Enterprise Mobility lab in Singapore
HCL Technologies Ltd, a leading global IT services provider, today unveiled its Global Enterprise Mobility laboratory in Singapore.
Buy HDIL; target of Rs 243: Angel Broking
Angel Broking is bullish on HDIL and has recommended buy rating on the stock with a target of Rs 243 in its February 11, 2011 research report.
182 day Treasury Bills : Auction Result
182 day Treasury Bills : Auction Result
91 days Treasury Bills : Auction Result
91 days Treasury Bills : Auction Result
Nifty ends higher for 3rd consecutive session
Indian equity benchmarks maintained its uptrend for third consecutive session amid a choppy trade - the Nifty touched the 5500-mark for the first time in last seven sessions in an intraday trade.
Buy Allied Digital Services; target of Rs 155: IIFL
IIFL is bullish on Allied Digital Services and has recommended buy rating on the stock with a target of Rs 155 in its February 14, 2011 research report.
Baroda Pioneer ELSS 96 declares dividend
Baroda Pioneer ELSS 96 has announced a dividend, for which the record date is on February 18, 2011.
Saudi Arabia's stable energy policy
Top oil exporter Saudi Arabia's policy of being a price moderator in OPEC and a staunch US ally has been stable for decades and is not expected to change in the event of a leadership change.
Shipping ministry may establish new regulator for ports
Ports in India may soon be able to fix their own market based tariffs for higher returns, with the Shipping Ministry mulling doing away with the Tariff Authority for Major Ports and bringing in a new regulator for the sector.
Buy Elecon Engineering; target of Rs 96: PINC Research
PINC Research is bullish on Elecon Engineering (EECL) and has recommended buy rating on the stock with a target of Rs 96 in its February 11, 2011 research report.
ICICI Prudential Tax Plan declares dividend
ICICI Prudential Tax Plan has announced a dividend, for which the record date is on February 18, 2011.
Govt to pay up to half of fuel subsidy
The government will now cover up to half of the subsidy for state-run oil companies to sell fuels like kerosene below cost, oil minister S Jaipal Reddy said on Tuesday.
HTC unveils 5 smartphone models, tablet
Taiwanese smartphone maker HTC unveiled on Tuesday two social networking phone models, with a focus on Facebook access, and introduced its first tablet computer to a crowded marketplace.
Hold Bajaj Corp; target of Rs 672: Anand Rathi Securities
Anand Rathi Securities has recommended hold rating on Bajaj Corp with a target of Rs 672, in its February 11, 2011 research report.
