Rose hoping China success will add up for European race

SHENZHEN, China (Reuters) - After climbing to a career high fifth in the world rankings and featuring in Europe's Ryder Cup victory, Justin Rose could be forgiven for resting on his laurels as the 2012 season draws to a close. Since he has been mining...

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Tata Comm looks for growth opportunities in tough times

Tata Communications is on the look out for growth opportunities globally, even as the company is maintaining a cautious outlook on the choppy economic environment. "Generally, while we realise that we have to be cautious in such an environment, at the...

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Buy Torrent Pharma; target of Rs 785: Emkay

Emkay Global Financial Services is bullish on Torrent Pharma and has recommended buy rating on the stock with a target price of Rs 785 in its October 29, 2012 research report."Torrent Pharma Q2FY13 Results, in-line with expectations a) Revenue up by...

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INSIGHT - A giant storm and the struggle over closing Wall St

By John McCrank NEW YORK (Reuters) - At 6:30 p.m. on Sunday night, with Hurricane Sandy bearing down on the U.S. East Coast, New York Stock Exchange operator NYSE Euronext had more immediate problems: a revolt from the trading firms that are its lifeblood....

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RBI is waiting for opportune time to cut repo: C Rangarajan

The Reserve Bank of India, on Tuesday, cut cash reserve ratio by 25 basis points to 4.25%.In an interview to CNBC-TV18, C Rangarajan, chairman, Prime Minister's Economic Advisory Council says the RBI has taken a cautious stance given the inflation. "The...

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U.S. market closures contain gain by Asian shares

By Chikako Mogi TOKYO (Reuters) - Asian shares rose modestly but momentum was curbed by a giant, powerful storm that will keep U.S. markets shut, while the dollar slid to an intraday low against the yen after the Bank of Japan unveiled further easing...

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BHEL Q2 net misses forecast, down 10% to Rs 1,274 cr

State-owned power equipment maker BHEL has disappointed the street by reporting lower-than-expected topline and bottomline numbers while the only positive was its EBITDA margin in the second quarter of financial year 2012.Net profit fell by 9.77 percent...

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Wall St to close Monday, possibly Tuesday

NEW YORK (Reuters) - U.S. stock and options markets will be closed on Monday and possibly Tuesday, the exchange operator said, going back on a plan that would have kept electronic trading going on Monday. As Hurricane Sandy bears down on the New York...

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United Spirits falls on Diageo deal uncertainty

Reuters Market Eye - Shares in United Spirits fall as much as 7.1 percent after Vijay Mallya, who controls the liquor company, told Reuters on Sunday he had not reached a deal to stake a stake to Diageo. Mallya, who is looking to raise funds for debt-laden...

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There would be no mid-term polls, says Digvijay Singh

Congress General Secretary Digvijay Singh today ruled out the possibility of mid-term polls in the country and expected "smooth functioning" of the upcoming Parliament session."(There will be) No early...nor mid-term polls and the upcoming Parliament...

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Late Arteta goal gives Arsenal win over QPR

By Mike Collett LONDON (Reuters) - A late Mikel Arteta goal ended some determined resistance from Queens Park Rangers as Arsenal beat the Premier League's bottom club 1-0 at the Emirates Stadium on Saturday. Arteta struck from close range after 84...

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Will expose owners holding benami flats in Adarsh: Digvijay

Indore, Oct 27 (PTI) Congress general secretary Digvijay Singh today said he would soon expose "real owners" who are allegedly holding benami flats in controversial Adarsh building. Adarsh, the 31-storey highrise in south Mumbai, became the centre of...

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United Spirits chief Mallya not sure of Diageo deal

GREATER NOIDA, India (Reuters) - Liquor baron Vijay Mallya does not know whether a deal for UK drinks giant Diageo Plc to take a stake in his United Spirits Ltd will be struck or not, he said on Saturday. Mallya has been scrambling to raise funds for...

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Sell Idea Cellular; target of Rs 79: Nirmal Bang

Sat, Oct 27, 2012 at 12:23 Nirmal Bang is bearish on Idea Cellular and has recommended sell rating on the stock with a target of Rs 79 in its October 23, 2012 research report. Like this story, share it with millions...

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Stoner takes pole, as Lorenzo sniffs title

PHILLIP ISLAND, Australia (Reuters) - Australia's Casey Stoner shrugged off a lame ankle and an early crash in qualifying to take pole position at his final home Grand Prix on Saturday as Jorge Lorenzo remained on course for a second MotoGP title. The...

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Unno Industries board meeting on Oct 30, 2012

Unno Industries Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 30, 2012, inter alia, to transact the following business:1. To accept the resignation of Present Company Secretary and Compliance Officer...

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Buy Larsen and Toubro; target Rs 1916: Firstcall Research

Firstcall Research is bullish on Larsen and Toubro and has recommended buy rating on the stock with a target of Rs 1916 in its October 23, 2012 research report."Larsen & Toubro Ltd (L&T) is a technology, engineering, construction & manufacturing...

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Advisory: IKEA story, please ignore

Fri, Oct 26, 2012 at 12:26 ADVISORY-IKEA-STORY-PLEASE-IGNORE:Advisory: IKEA story, please ignore '; if (google_ads[0].type=="text") { if (google_ads.length == 1) { ...

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Hold Zee Entertainment; target of Rs 175: ICICIdirect.com

ICICIdirect.com has recommended hold rating on Zee Entertainment Enterprises with a target of Rs 175 in its October 23, 2012 research report."ZEE Entertainment reported its Q2FY13 numbers which beat our expectations by far driven by a robust ad growth...

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Buy Karnataka Bank, LT Finance, sell Jindal Steel: Doctor

In CNBC-TV18's popular show Bull's Eye, Parag Doctor, Keynote Capital shares trading strategy of the day.Karnataka Bank has been in a strong uptrend ever since it broke out of the Rs 110-120 base. The stock is headed higher to immediate target of Rs...

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Rupee edges up on bunched up dollar inflows

Reuters Market Eye - The rupee edges up to 53.63/64 versus its previous close of 53.74/75 as bunched up dollar inflows help offset the demand seen from importers looking to meet month-end commitments. "Good inflows being seen as yesterday was a holiday....

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Reallocate 1700 MW planned to be surrendered by Delhi to TN

Chennai, Oct 24 (PTI) Drawing the Centre's attention to the acute power shortage in Tamil Nadu, Chief Minister Jayalalithaa today asked it to reallocate to her state over 1700 MW proposed to be surrendered by the Delhi government. "The Government of...

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Increase in Periyar, Vaigai dams water level

Wed, Oct 24, 2012 at 12:02 Increase in Periyar, Vaigai dams water level Like this story, share it with millions of investors on M3 Increase in Periyar, Vaigai dams water level Increase in Periyar, Vaigai...

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FACTBOX - How the Apple iPad mini matches up vs Nexus, Fire HD

Wed, Oct 24, 2012 at 12:26 TECH-WWW-HDWR-SFWR-ELC-US-WEU-ASIA:FACTBOX - How the Apple iPad mini matches up vs Nexus, Fire HD '; if (google_ads[0].type=="text") { if (google_ads.length...

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Trend Micro warns Android users about sharp rise in malware

According to Trend Micro, Android users should be more careful while downloading apps from Google Play as there has been a sharp increase in the amount of malware found on the app market. According to a security roundup by Trend Micro, the number of...

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Unsold inventory at Peninsula Biz Park at 240k sq feet: MD

Rajeev Piramal, VC & MD of Peninsula Land expects Peninsula Business Park driving revenues in the second half of the year as well. "We have been able to sell almost 2,26,000 square feet this year over there at an average realisation of about Rs 7.500...

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Accumulate Reliance Industries; target Rs 875: KRChoksey

KRChoksey is bullish on Reliance Industries (RIL) and has recommended accumulate rating on the stock with a target price of Rs 875 in its October 17, 2012 research report."Reliance Industries Ltd (RIL) reported net Profit of Rs 5376cr, slightly below...

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Bajaj Auto gains; earnings beat estimates

Reuters Market Eye - Bajaj Auto gains 1 percent after beating estimates with a 2 percent rise in net profit to 7.41 billion rupees in the July-September. Standard Chartered says earnings were better than expected on the back of higher sales of three-wheelers,...

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Rain Commodities to buy Ruetgers for $915 mln

FRANKFURT (Reuters) - Industrial group Rain Commodities has agreed to buy German coal tar distilling company Ruetgers from Nordic private equity firm Triton for 702 million euros. The sale of Ruetgers, a maker of industrial pitch, oils and resins for...

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Brent near $111 after 4-day fall, growth woes cap rise

Brent crude edged up towards $111 a barrel on Monday after a four-day decline spurred by worries over a fragile global economy, with supply risks supporting prices as violence in the Middle East intensified.Brent lost 4 percent last week and may stretch...

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PSG hit the top after Gameiro floors Reims

PARIS (Reuters) - Paris St Germain went to the top of Ligue 1 on Saturday after a Kevin Gameiro header clinched a hard-fought 1-0 home victory over Stade Reims. Reims had a chance to go in front in the 40th minute but Diego's penalty was saved by goalkeeper...

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PDK workers arrested

Tiruchirappli, Oct 20 (PTI) Tension prevailed in Srirangam town near here today as members of the Periyar Dravidar Kazhagam threatened to paint tar on the name board of an eatery objecting to its name "Sri Krishna Brahmana Hotel". Police said they arrested...

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Race tightens for Obama, Romney ahead of final debate

By Jeff Mason WASHINGTON (Reuters) - The race between President Barack Obama and rival Mitt Romney has tightened in the days before their final televised debate, with the Republican closing the gap on Obama's slight but steady lead in a Reuters/Ipsos...

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RBI policy must prioritise price stability: Rangarajan

The Financial Sector Legislative Reforms Commission or the FSLRC has called for merging the Securities & Exchange Board of India (SEBI), Insurance regulatory and Development Authority (IRDA) and the pension regulator into one super regulator. It...

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Over 80 pc Chinese have no knowledge of 1962 war: survey

Sat, Oct 20, 2012 at 12:02 Over 80 pc Chinese have no knowledge of 1962 war: survey Like this story, share it with millions of investors on M3 Over 80 pc Chinese have no knowledge of 1962 war: survey ...

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Apple may discontinue iPad 2 to make way for iPad mini

Sat, Oct 20, 2012 at 12:19 When Apple launched the new iPad earlier this year, the brand had retained last years model, the iPad 2. It appears that the iPad 2 will see its last few days with the debut of the iPad mini. Source: Tech2.com...

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Gold tracks equities lower, heads for 2nd weekly fall

Gold gave up early gains on Friday as shares in Asia slipped following a three-day rally and as investors took a breather ahead of the outcome of a summit on solving the euro zone debt crisis, which could support the euro.Recent stimulus measures by...

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Sell Shree Cement; target of Rs 3034: SPA Research

SPA Research is bearish on Shree Cement and has recommended sell rating on the stock with a target of Rs 3034 in its October 17, 2012 research report."Shree Cement reported a robust revenue growth of 55.3% YoY to INR 13230 mn aided by 40.1% growth in...

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NCDEX Soybean Nov fut may go upto Rs 3282: Emkay

Emkay Commodity Research has come out with its report on Soybean. The research firm says NCDEX Soy bean Nov '12, futures prices moved up significantly to settle at Rs 3211 levels. Prices could escalate to Rs 3246 level breach of this it could extend...

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Nakoda Implements Integrated IBM Smarter Computing Solution

IBM has announced that Nakoda Limited has implemented an integrated IBM Smarter Computing solution. The move, which displaced existing competitive server systems, was designed to help the company standardise and streamline business operations running...

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Under fire over Congo rebels, Rwanda eyes UN Security Council seat

By Michelle Nichols and Louis Charbonneau UNITED NATIONS (Reuters) - Rwanda appears likely to win one of five U.N. Security Council seats up for election on Thursday, despite accusations by a U.N. expert panel that the country's defense minister is...

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