Reliance and IL&FS to jointly develop model economic township at Jhajjar, Haryana.

Cummins India selling exhaust business to Global Tube as it places greater emphasis on key Emission Solutions business.

FDC has announced its results for the quarter ended December 2010. It has reported net profit of Rs 32.1 crore as against Rs 30.73 crore (YoY).

Lippo and HCL Tech have signed MOU in presence of Indonesian President.

Second Liquidity Adjustment Facility : Auction Results

Tata Comm and Westin Tokyo has launched Japan's first Telepresence Technology in collaboration with Cisco.

Tata Teleservices (Maharashtra) has announced its third quarter results of FY11. It has reported net loss of Rs 79.6 crore as against loss of Rs 97.9 crore on quarter-on-quarter basis.

OnMobile Global is set to announce its results for the quarter ended December 2010. According to CNBC-TV18 estimates, its net profit is expected to go down at Rs 16.73 crore as against Rs 22.83 crore on quarter-on-quarter basis.

Glodyne Q3 FY 10 -11 Revenues at Rs 495 cr up 163% YoY

Pramerica Mutual Fund has launched Pramerica Short Term Income Fund - an open-ended income Fund, aims to generate regular returns with moderate level of risk by investing primarily into a portfolio of debt securities and money market instruments of short term maturity.

Tribhovandas Bhimji Zaveri, a well-known and trusted jewellery retailer in India, has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for a public issue of 16,666,667 equity shares of face value of Rs 10 each.

Favourite of many, bhel and bhajiya do not taste the same anymore. Blame it on the rising food price especially onion. Complains 34-year old Sujata Rao, housewife, that managing a middle class house has not been so difficult ever.

Anand Rathi Securities has recommended hold rating on Tech Mahindra with a target of Rs 765 in its January 24, 2011 research report.

Omkar Speciality Chemicals' initial public offering has received good response from investors - especially from retail and HNIs. The issue, which closed today, was subscribed 4.67 times, as per NSE website.

Page Industries has its Board of Directors meeting on February 11, 2011 to consider 3rd interim dividend for the year 2010-11.

- By DV Manohar, Director and Vasudha Acharya, Senior Manager- Deloitte Haskins & Sells

PINC Research has recommended hold rating on Dr Reddys Laboratories with a target of Rs 1594 in its January 27, 2011 research report.

Angel Broking is bullish on Asian Paints and has recommended accumulate rating on the stock with a target of Rs 3016 in its January 25, 2011 research report.

ePlanet Ventures, the venture and growth capital investor, has undergone an identity makeover to be now known as ePlanet Capital to reflect shift in investment focus.

Karvy Stock Broking is bullish on Union Bank of India and has recommended buy rating on the stock with a target of Rs 428 in its January 25, 2011 research report.

KRChoksey is bullish on DB Corp and has recommended buy rating on the stock with a target of Rs 310 in its January 25, 2011 research report.

Angel Broking is bullish on United Phosphorous and has recommended buy rating on the stock with a target of Rs 198 in its January 25, 2011 research report.

The Supreme Court asked the government on Thursday to probe billion of dollars of illegal funds stashed by Indians abroad, ratcheting up the pressure on the Congress-coalition to fight corruption in high places.

Thermax has declared its third quarter results. The company’s Q3 net profit was up at Rs 100 crore versus Rs 56.5 crore, YoY.

Dalmia Bharat Sugar and Industries has declared its third quarter results. The company’s Q3 net profit was down at Rs 11.7 crore versus Rs 22.6 crore, YoY.