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As incomes surge in economically booming India, pet lovers are driving the growth of a whole range of new trends, from organic pet toys to crystal healing and even nail painting for cats.
Welspun Projects has announced its third quarter results. The company's Q3 net loss at Rs 4.2 crore versus profit of Rs 10.5 crore, YoY.
Legendary classical singer Bhimsen Joshi passed away in Pune on Monday morning after prolonged illness, a doctor who attended to him said.
Rio Tinto's USD 3.9 billion bid for Africa-focused coal miner Riversdale gained steam on Monday after a representative of Riversdale's top shareholder Tata Steel backed the offer.
Call it the price of success. China is starting to pass on the rising cost of labour and other manufacturing inputs as it restructures its economy, creating a potential new inflation headache for Western countries already grappling with surging commodity prices.
A Morgan Stanley banker named Kamal Ahmed is under investigation by US authorities for leaking information regarding an upcoming takeover that ultimately was passed on to Galleon Group founder Raj Rajaratnam, the Wall Street Journal said, citing people close to the situation.
Barclays is planning a radical pay overhaul as part of a strategic review that could also see the group shed staff, the Financial Times said.
Jack LaLanne, a one-time sugar-holic who became a television fitness guru preaching exercise and healthy diet to a generation of American housewives, died on Sunday at age 96, his daughter said.
Inflation in India remains elevated despite tight cash conditions, suggesting the Reserve Bank should be more aggressive in raising interest rates as inflation spreads beyond food and primary articles.
India is not holding its breath for progress at this week's meeting of top negotiators pushing for a global trade accord because of scant engagement by the United States, Trade Secretary Rahul Khullar said on Monday.
So by the end of January we have made our resolutions, promised to keep them, and have now broken them, have we not?
Birla Corporation has declared its third quarter results. The company's Q3 net profit was down at Rs 69.6 crore versus Rs 112 crore, year-on-year, YoY.
Equity benchmarks showed smart uptrend on Monday, especially led by financials ahead of RBI's quarterly monetary policy meet tomorrow. ONGC, BHEL, Infosys, NTPC, M&M, Maruti, DLF, L&T and Tata Steel also added more strength to the markets today; these gains could be because of short covering.
Angel Broking is bullish on ITC and has recommended accumulate rating on the stock with a target of Rs 186 in its January 21, 2011 research report.
IndusInd Bank has target of Rs 318, says Lancelot D'cunha, CEO, Sharyans wealth management.
Motilal Oswal is bullish on Petronet LNG and has recommended buy rating on the stock with a target of Rs 150 in its January 18, 2011 research report.
Shoppers Stop has announced its results for the quarter ended December 2010. It has reported consolidated net profit of Rs 16.5 crore as against Rs 13.6 crore, a growth of 21.32% on year-on-year basis (YoY).
LIC Housing Finance can move up to Rs 225, says Lancelot D'cunha, CEO, Sharyans wealth management.
Sobha Developers has announced its results for the quarter ended December 2010. It has reported standalone net profit of Rs 49 crore as against Rs 58.9 crore (QoQ).
Money Market Operations as on January 22, 2011
Prabhudas Lilladher is bullish on Bharat Forge and has recommended accumulate rating on the stock with a target of Rs 415 in its January 24, 2011 research report.
Amara Raja Batteries has announced its results for the quarter ended December 2010. It has reported net profit of Rs 39.7 crore as against Rs 39.9 crore.
Jindal Steel & Power (JSPL) has announced its results for the quarter ended December 2010. It has reported consolidated net profit of Rs 951 crore as against Rs 874 crore, a growth of 8.81% on year-on-year basis.
A final decision on granting green clearances for South Korean steelmaker POSCO's steel mill in India's eastern Orissa state will be made on January 31, Environment Minister Jairam Ramesh said.
Yes Bank can touch Rs 320, says Rakesh Gandhi, Senior Technical Analyst, LKP.
