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Growth in India's service sector eased in December from a four-month high the previous month, reflecting a slightly slower expansion in new business, a survey showed on Wednesday.
Gujarat NRE Coke sees demand for coking coal from its Australian unit 'rising substantially' after floods there hit supplies to Asian steelmakers, a senior official said on Wednesday.
Infrastructure Development Finance Company said on Wednesday it will open sale of tax-free infrastructure bonds with a face value of Rs 5,000 each on January 17, raising upto Rs 2929 crore for the firm.
Federal Reserve officials in December felt the US economic recovery was still weak enough to warrant monetary support despite growing signs of strength, Fed meeting minutes released on Tuesday showed
IIFL has recommended add rating on Power Grid Corporation (PGCIL) with a target of Rs 110 in its January 4, 2011 research report.
At 10:35 hours IST - equity benchmarks were trading with moderate losses amid volatility, due to sell-off in financial, metal, telecom, FMCG and realty companies' shares along with ONGC, BHEL, Infosys and Cipla.
Welspun India touched an intraday high of Rs 68 and an intraday low of Rs 62.55. At 10:26 hrs the share was quoting at Rs 66.50, up Rs 5.90, or 9.74%.
Hinduja Foundries operation at Ennore unit has disrupted from January 4 on wage issues, reports CNBC-TV18. It touched an intraday high of Rs 112 and an intraday low of Rs 107.50. At 10:23 hrs the share was quoting at Rs 108.10, down Rs 3.80, or 3.40%.
Trimax IT Infrastructure and Services intends to file for an initial public offering during the current calendar year, a top company official said.
ICICIDirect.com has come out with a pre-market research report. The research firm says, the Nifty is expected to find support at 6120-6080 and resistance at 6180-6210.
BOC India has set delisting floor price of Rs 225.29 per share, reports CNBC-TV18. It touched an intraday high of Rs 360 and an intraday low of Rs 355.50. At 09:36 hrs the share was quoting at Rs 357 up Rs 1.85, or 0.52%.
Natco Pharma has sought a voluntary licence from Pfizer to make and sell copies of US company's HIV drug in India, reports The Economic Times. It touched an intraday high of Rs 349 and an intraday low of Rs 323. At 09:33 hrs the share was quoting at Rs 327.95, up Rs 8.70, or 2.73% on the NSE.
Soon after setting shop in India, McDonalds’ Vikram Bakshi knew he had a problem — the signature French Fries weren’t right. It took him nine years and several experiments to get it right
The private equity scene has made a decisive turnaround and HNIs are pouring money in decade-long bets.
Mahindra and Mahindra (M&M) is going to hike vehicle prices by average 1% in 4-5 days, quoting NewsWire18, reports CNBC-TV18. It touched an intraday high of Rs 781.25 and an intraday low of Rs 772.10. At 09:30 hrs the share was quoting at Rs 774.90, down Rs 6.35, or 0.81% on the NSE.
Praj Industries has signed agreement with Qteros for Cellulosic Ethenol, reports CNBC-TV18. It touched an intraday high of Rs 88.50 and an intraday low of Rs 86.70. At 09:26 hrs the share was quoting at Rs 88.25, up Rs 0.95, or 1.09% on the NSE.
Trimax IT Infrastructure and Services intends to file for an initial public offering during the current calendar year. The company will raise between Rs 250-350 crore through the IPO route.
Equity diversified NAVs ended lower with advance:decline ratio of 52:197 as the benchmark Nifty closed the rangebound session with moderate losses. The sell-off in financial, telecom, capital goods, auto and realty companies' shares weighed on markets.
India's top engineering and construction company, Larsen & Toubro, has started a restructuring plan to split the conglomerate into nine companies, the Economic Times reported on Wednesday.
Mahindra and Mahindra will raise vehicle prices by an average 1% in the next two to three days, a company executive said on Wednesday.
The benchmark Nifty opened Wednesday's trade on a negative note following weak Asian cues and profit booking. Financial, auto and metal companies' shares were down today while heavyweights like Reliance Industries and L&T were supporting.
On January 04, 2011 Goldman Sachs Investments (mauritius) I Ltd bought 930,000 shares of Praj Ind at Rs 86.57 on the NSE. Yesterday the share closed at Rs 87.30.
On January 04, 2011 Clarus Finance And Securities Limited sold 348,449 shares of Kaleidoscope Films at Rs 20.60 on the BSE. Yesterday the share closed at Rs 20.60.
On January 04, 2011 One Source Techmedia Limited bought 290,912 shares of at Rs 15.65 on the BSE. Yesterday the share closed at Rs 15.05.
The Indian rupee opened at 45.18 per dollar versus 44.98 yesterday.
