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.
Sell Andhra Bank; target of Rs 137: Aditya Birla Money
Aditya Birla Money is bearish on Andhra Bank and has recommended sell rating on the stock with a target of Rs 137 in its February 23, 2011 research report.
RBI releases draft norms on CDS in corp bonds
The Reserve Bank of India on Wednesday released draft guidelines on the introduction of credit default swaps (CDS) for corporate bonds.
UNSC demands immediate end to violence in Libya
Seeking an immediate end to violence in Libya that has killed "hundreds of civilians," India and 14 other members of the UN Security Council have asked the regime of Moammar Gaddafi to address the legitimate demands of the people protesting against his 41-year rule.
Afripalm signs MOU with SAIL for steel mill
South Africa's Afripalm Resources signed a memorandum of understanding with Steel Authority of India to build a steel mill in South Africa, the Business Day reported on Wednesday.
Time to allow wheat, sugar exports: Farm Min
India should allow limited exports of wheat, rice and sugar to benefit from high global prices, Farm Minister Sharad Pawar said, as long as domestic consumption is catered for.
Libyan revolt likely to leave deep scars on oil sector
Regardless of what comes next in Libya's lethal political standoff, the OPEC country's oil sector is nearly certain to suffer, bringing long-lasting supply disruptions or even permanent damage.
NALCO to miss FY11 alumina production target
National Aluminium Co Ltd (NALCO) will fall about 100,000 tonnes short of its production target of 1.68 million tonnes of alumina in the fiscal year to March, its finance director said, due to delays in refinery expansion.
Former OC Sec Gen Lalit Bhanot questioned by CBI: CWG Scam
Former Commonwealth Games Organising Committee Secretary General Lalit Bhanot was today questioned by the CBI in connection with alleged irregularities in a Rs 107 crore contract that had been awarded to a Swiss time-keeping company.
GlaxoSmithKline Pharma a market performer: Karvy
Karvy Stock Broking is bullish on GlaxoSmithKline Pharmaceuticals and has recommended a market performer rating on the stock with a target of Rs 2550 in its February 22, 2011 research report.
Max New York Life's budget expectations
With strong fundamentals the Indian economy has tremendous potential to grow at 8-9% a year. The three major concerns that the country’s macro health reels under are fiscal deficit, inflation and the current account.
Gujarat Pipavav Q3 net profit at Rs 11 cr
Gujarat Pipavav has reported a net profit of Rs 11 crore as against loss of Rs 35 crore on year-on-year basis.
ABB Q4 net profit down 94% at Rs 6.8 cr
ABB has reported a net profit of Rs 6.8 crore for the quarter ended December 2010, down 94% as compared to Rs 110 crore in same quarter the previous year.
ABB announces Q4 numbers; stock up 3%
ABB has reported a net profit of Rs 6.8 crore for the quarter ended December 2010, down 94% as compared to Rs 110 crore in same quarter the previous year, reports CNBC-TV18. It touched an intraday high of Rs 696.50 and an intraday low of Rs 640. At 14:07 hrs the share was quoting at Rs 684.00, up Rs 20.50, or 3.09%.
Sanwaria Agro Oils to consider bonus issue
Sanwaria Agro Oils has its Board of Directors meeting on March 03, 2011 to consider issue of bonus shares
Jolly Board to consider 2nd interim dividend
Jolly Board has its Board of Directors meeting on March 03, 2011 to consider 2nd interim dividend.
Gammon India bags order worth Rs 1947 crore
Gammon India has bagged order worth Rs 1947 crore for design, construction of underground stations and associated tunnels for Chennai Metro Rail.
ACIL Cotton Ind approves bonus share in ratio 1:1
ACIL Cotton Ind at its meeting held on February 23, 2011 has approved bonus share in the ratio 1:1.
Man Infraconstruction signs MoU with STFA
Man Infraconstruction has signed MoU with STFA.
Shah Alloys advances 14.2%
Shah Alloys touched an intraday high of Rs 19.08 and an intraday low of Rs 16.70. At 13:40 hrs the share was quoting at Rs 18.17, up Rs 2.27, or 14.28%.
Nifty choppy; RIL, HDFC, Bharti support
Indian equity benchmarks were choppy in trade at 13:36 hours, ahead of F&O expiry for the month of February tomorrow as well as budget on Monday. On one side, heavyweights like Reliance Industries, HDFC and Bharti Airtel were quite supportive with 1.5-2.5% jump.
Reliance Capital among major gainers
Reliance Capital was among major gainers on the Nifty. It touched an intraday high of Rs 480.95 and an intraday low of Rs 452.50. At 13:29 hrs the share was quoting at Rs 474.40, up Rs 17.40, or 3.81%.
Buy MindTree; target of Rs 521: KRChoksey
KRChoksey is bullish on MindTree and has recommended buy rating on the stock with a target of Rs 521 in its February 23, 2011 research report.
