USFDA okays Aurobindo Pharma's generic Alzheimer drug
Aurobindo Pharma Wednesday said the US Food and Drug Administration has given it approval to manufacture and market Galantamine tablets, used for the treatment of mild to moderate dementia of the Alzheimer’s type
Buy West Coast Paper Mills; tgt of Rs 95: Unicon Investment
Unicon Investment is bullish on West Coast Paper Mills and has recommended buy rating on the stock with a target of Rs 95 in its March 29, 2011 research report.
How to manage credit card debt?
Credit cards have changed our lives and our spending habits because of their sheer convenience. However, there is a danger that credit cards can tempt you to spend without foresight.
Mukesh Udyog plans expansion, files IPO papers
Yarn manufacturer Mukesh Udyog has filed draft red herring prospectus with the market regulator Securities & Exchange Board of India (SEBI) for public issue of 75 lakh equity shares of Rs 10 each.
IOC to shut kerosene unit from mid-April: Source
Indian Oil Corp (IOC) plans to shut a kerosene unit at its Haldia refinery for maintenance from mid-April, a company source said on Wednesday, prompting the firm to float a rare jet fuel tender.
Aurobindo Pharma receives USFDA approval; stock up
Aurobindo Pharma touched an intraday high of Rs 193.90 and an intraday low of Rs 188. At 15:02 hrs the share was quoting at Rs 192, up Rs 0.70, or 0.37% on the NSE.
Are you 'loan eligible'?
Home loans are the most easily accessible financial supplement to purchase your dream home. To understand how to enhance your eligibility to apply for a home loan, make a simple self-assessment.
PINC Research positive on HDIL
PINC Research has come out with a report on HDIL.
Buy Divis Laboratories; target of Rs 833: Emkay
Emkay Global Financial Services is bullish on Divis Laboratories and has recommended buy rating on the stock with a target of Rs 833 in its March 30, 2011 research report.
Finance Ministry to examine new bank license norms: Sources
According to the latest updates, government sources have said that the banking license draft guidelines are still under examination and they will be issued once the finance ministry examines them.
UBS downgrades Hindustan Unilever to sell
UBS downgraded India's Hindustan Unilever to "sell" from "buy" on Wednesday, and cut its 12-month target price to Rs 250 from Rs 320 earlier, saying raw material pressure and competition could hurt profits of the country's top household products and consumer goods maker.
Russia gets stake in Sistema's India mobile unit
Russian oil-to-telecoms group Sistema's Indian mobile unit said on Wednesday it had completed allotment of shares to a Russian government agency in return for a previously announced about USD 600 million investment in the company.
Sensex maintains uptrend; broader indices outperform
Indian equity benchmarks came off their day's high a bit due to profit booking in some heavyweights like ONGC, ITC, Bharti Airtel and BHEL. However, buying continued in SBI, Reliance Industries, TCS, HDFC Bank, HDFC, Wipro, L&T, DLF and ICICI Bank, which were quite supportive at 14:45 hours.
SBI alone to manage EPFO's Rs 3 lakh crore fund till June
Retirement fund body EPFO today said its corpus of about Rs 3.5 lakh crore will now be managed only by one of the existing fund manger, SBI, for a three month period ending June 30 as an interim arrangement.
PINC Research positive on Financial Technologies
PINC Research has come out with a report on Financial Technologies.
IOC plans to shut kerosene unit at Haldia; stock rises
Indian Oil Corporation (IOC) is planning to shut kerosene unit at Haldia from mid-April for a month, quoting Agencies, reports CNBC-TV18. It touched an intraday high of Rs 335 and an intraday low of Rs 327. At 14:14 hrs the share was quoting at Rs 334, up Rs 9.90, or 3.05%.
PTC India to trade on exchange from March 30, 2011
PTC India to trade on exchange in the list of 'B' Group Securities with effect from March 30, 2011.
Allcargo Global Logistics to consider final dividend
Allcargo Global Logistics has its Board of Directors meeting on April 05, 2011 to consider final dividend.
Parsvnath Developers declines 6.6%
Parsvnath Developers touched an intraday high of Rs 49.75 and an intraday low of Rs 44. At 14:10 hrs the share was quoting at Rs 45.25, down Rs 3.20, or 6.60%.
Mahindra and Mahindra moves up smartly
Mahindra and Mahindra touched an intraday high of Rs 710.25 and an intraday low of Rs 687. At 14:05 hrs the share was quoting at Rs 709, up Rs 22.70, or 3.31%.
Ambuja Cements top gainer on Nifty
Ambuja Cements was the top gainer on the Nifty. It touched an intraday high of Rs 148.85 and an intraday low of Rs 138. At 14:05 hrs the share was quoting at Rs 148, up Rs 9.40, or 6.78%.
Concerns over runaway rise in oil prices overdone: PPFAS
On one hand there is turmoil in the middle-east in countries like Tunisia, Egypt, Libya, Bahrain, Oman and Saudi Arabia, and on the other hand we have seen problems in a nuclear power plant in Japan. We have crude oil trading at above USD 100 and there is worry that the world economy could tip back into recession.
SBI, RIL, TCS, HDFC, L&T, HDFC Bank push Nifty at 5800
Finally the benchmark Nifty has touched the 5800 mark for the first time since January 25 on the back of strong support from almost all sectors. India's largest lender SBI's shares led the rally from front, with gaining more than 3% at 13:34 hours.
Hindalco completes financial closure of Mahan project
Hindalco has completed financial closure of Mahan project, reports CNBC-TV18. It touched an intraday high of Rs 210.20 and an intraday low of Rs 207.05. At 13:09 hrs the share was quoting at Rs 207.70, down Rs 0.20, or 0.10% on the NSE.
China economist blasts dollar dominance on eve of G20
Dollar dominance is sowing the seeds of financial turmoil, and the solution is to promote new reserve currencies, a Chinese government economist said in a paper published on the eve of a G20 meeting about how to reform the global monetary system.
