Largecap pharma that lost 10% in 2 days
India's largest pharmaceutical company, Ranbaxy Laboratories has extended its losses further today as it has closed at Rs 461.50, down Rs 32.70, or 6.62%. However, in the yesterday's trading session, the share closed down 3.05% or Rs 15.55 at Rs 494.20.
IRDA to take cues from US for policy portability: Sources
Insurance regulator seems to be taking cues from US HIPA. CNBC-TV18 learns that IRDA is looking to include electronic data transfer standards for portability of health insurance policies. However, sources say that policy transfers may not be as huge as mobile ones.
IT firms hope for STPI extension in budget
Indian information technology firms are looking for increased spending on education, e-governance and defence sectors, and an extension by at least one year of tax benefits under the Software Technology Parks of India (STPI) scheme, but many think it is unlikely.
Power firms want extension of tax sops in budget
Indian power sector expects the government to continue its thrust on infrastructure and pins its hopes on incentives for the renewable energy sector and extension of sunset clause under Income Tax Act in the budget for 2011-12 to be tabled in parliament on February 28.
Alfa Laval (India) declares dividend at Rs 30 per share
Alfa Laval (India) at its meeting held on February 23, 2011 has declared dividend at Rs 30 per share.
Hold Ranbaxy Laboratories; target of Rs 480: PINC Research
PINC Research has recommended hold rating on Ranbaxy Laboratories with a target of Rs 480, in its February 23, 2011 research report.
Trade min says sees FY11 exports at $225 bln
India's exports in the current fiscal year to March 2011 is seen at USD 225 billion, Trade Minister Anand Sharma said on Wednesday.
Madhucon Projects bags order worth Rs 1200 crore
Madhucon Projects has bagged order worth Rs 1200 crore for 84 KMs of NHAI Annuity Project in West Bengal.
Time Technoplast has target of Rs 75: Kapadia
Time Technoplast has target of Rs 75 over the period of one year, says Ranjit Kapadia, HDFC Securities.
Bilcare has target of Rs 808: Kapadia
Bilcare has target of Rs 808, says Ranjit Kapadia, HDFC Securities.
Buy Welspun Corp; target of Rs 253: LKP
LKP is bullish on Welspun Corp and has recommended buy rating on the stock with a target of Rs 253 in its February 22, 2011 research report.
Nifty ends lower as oil hits $96/bbl
Indian equity benchmarks continued the downtrend for second consecutive session on the back of fall in European markets and further rise in crude oil prices.
364 days Treasury Bills : Auction Result
364 days Treasury Bills : Auction Result
91 days Treasury Bills : Auction Result
91 days Treasury Bills : Auction Result
Raise I-T exemption limit to Rs 2 lakh: Yashwant Sinha
Standing Committee on Finance Chairman Yashwant Sinha today suggested raising the income tax exemption limit from Rs 1.6 lakh to Rs 2 lakh in the Budget apparently to provide relief to common man reeling under the impact of high inflation.
Budget 2011-12: The healthcare sector wishlist
The role of healthcare in improving a nation’s wealth and spurring economic growth is well established.
Investment in infra has boosted GDP growth: Govt
The government today said that increased investment in the infrastructure sector has spurred the GDP growth rate of the country and various committees have been set up to further boost spending on these activities.
Survey likely to peg FY12 GDP growth at 9%
The robust performance of the Indian economy during the ongoing fiscal is likely to prompt the government to peg GDP growth in the 2011-12 fiscal at 9%, as well as withdraw stimulus measures in the forthcoming Budget.
SBI plans merger of 5 associate banks in 18 months
Country's largest lender State Bank of India (SBI) plans consolidation of remaining five associate banks with itself in the next 12-18 months.
Fitch assigns grade 2 to Aanjaneya Lifecare IPO
Fitch Ratings has assigned a grade of 2nd, out of a maximum of 5, to Aanjaneya Lifecare's (ALL) proposed initial public offering (IPO) of 5,000,000 equity shares.
Auto parts firms eye tech boost; excise hike likely
India's auto parts makers want the government's help to upgrade technology and spur investments to boost capacity, but analysts do not see the budget for 2011-12 to be tabled in parliament on February 28 taking much steps in this direction.
Nifty below 5450; financials, IT, realty slip
The benchmark Sensex shed about 100 points amid volatility and the Nifty slipped below 5450 level at 14:58 hours, which has been moving in a range of 5400-5500 since previous week.
Air travel saw safest year on record in 2010: IATA
Air travel marked its safest year on record last year, with one accident for every 1.6 million flights made in Western-built jets compared with one per 1.4 million in 2009, industry association IATA said, reports Reuters.
Buy Kajaria Ceramics; target of Rs 100: Anagram Research
Anagram Research is bullish on Kajaria Ceramics and has recommended buy rating on the stock with a target of Rs 100 in its research report.
Buy NTPC; target of Rs 187: Aditya Birla Money
Aditya Birla Money is bullish on NTPC and has recommended buy rating on the stock with a target of Rs 187 in its February 23, 2011 research report.
