Karur Vysya Bank appoints B Swaminathan as additional director

Thu, Jan 31, 2013 at 12:17 Shri. B Swaminathan has been co-opted as an additional director of Karur Vysya Bank in the board meeting held on January 31, 2013. '; if (google_ads[0].type=="text")...

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Buy Crude Palm Oil on dips: Geojit Comtrade

Geojit Comtrade has come out with its report on Gur, Crude Palm Oil (CPO) and Refind Soy Oil. According to the research firm, one can buy Gur above Rs 1120, CPO on dips and refined Soy Oil above Rs 741.CPO Feb MCX: CPO prices traded higher holding the...

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Accumulate Mphasis; target Rs 420: P Lilladher

Prabhudas Lilladher is bullish on Mphasis and has recommended accumulate rating on the stock with a target price of Rs 420 in its January 30, 2013 research report."Mphasis, due to shutdowns and reduced exposure from government contracts, Q1FY13 is likely...

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Motilal Oswal neutral on Biocon

Motilal Oswal has maintained neutral rating on Biocon with a target of Rs 315 in its January 28, 2013 research report. "Biocon (BIOS) posted better than expected results for 3QFY13. Revenue grew 22.6% YoY to INR6.34b (v/s our estimate of INR6.15b)....

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Jain Irrigation may slip to Rs 62-63: Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that Jain Irrigation Systems may slip to Rs 62-63.Sukhani told CNBC-TV18, "Yes. We have had a sell on Jain Irrigation Systems few days ago. This selling is relentless. It is now broken down from the...

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Adani Ports can go upto Rs 156-160: Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that Adani Ports and Special Economic Zone can go upto Rs 156-160.Sukhani told CNBC-TV18, "The picture looks attractive. The two big days that Adani Ports and Special Economic Zone has done on the upside,...

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RBI lowers current fiscal growth projection to 5.5%

The Reserve Bank today trimmed the economic growth projection for the current fiscal to 5.5 per cent, from 5.8 per cent estimated earlier and said it was necessary to arrest the decline in growth as inflation risks moderate."While the series of policy...

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Timeline: Changes to repo rate since June 2000

MUMBAI (Reuters) - The RBI reduced its policy interest rate by a widely expected 25 basis points on Tuesday, taking comfort from cooling inflation as it made the first cut in nine months to support an economy headed for its slowest growth in a decade....

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Buy RM Seed on rally: Geojit Comtrade

Geojit Comtrade has come out with its report on Barley, Wheat and RM Seed. According to the research firm, one can sell Barley, RM Seed on pullbacks and buy Wheat on dips.RM Seed Apr NCDEX: Prices tumbled down from a high of 3463 and closed the day at...

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Hold Oriental Bank; target Rs 376: Nirmal Bang

Nirmal Bang has maintained hold rating on Oriental Bank of Commerce (OBC) with a target price of Rs 376 in its January 25, 2013 research report."OBC's operating performance for Q3FY13 was slightly below estimates. Although Net interest income improved...

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Lanco may explore out of court settlement with Perdaman

Lanco Infratech is exploring out-of-court settlement with Australia-based Perdaman Chemicals and Fertilisers, reports CNBC-TV18 quoting sources. It is learnt that Lanco may seek to settle suit before July 2013.Perdaman last year had filed a AUD 3.5 billion...

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Things to keep in mind while making an investment

ABOUT THE EXPERT Arnav Pandya Financial advisor and Writer, Arnav Pandya is a writer, consultant and investor. He is a Chartered Accountant and holds the Certified Financial Planner(CM) Certification. He is a MBA from IIM Bangalore...

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Real's Mourinho keeping his head down as he turns 50

MADRID (Reuters) - Under-fire Real Madrid coach Jose Mourinho again chose not to speak to the media as he celebrated his 50th birthday on Saturday but he did receive a ringing endorsement from one of the squad's youngest players, Raphael Varane. Coverage...

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Siemens seeks growth in Latin America, to keep investment pace

SANTIAGO (Reuters) - Siemens wants to grow in Latin America and intends to maintain its investment pace in the dynamically-growing region, the CEO for South America, excluding Brazil, told Reuters on Saturday. The German conglomerate had said on Wednesday...

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Poll shows 63 pct of French back gay marriage

The number of people who support the legalisation of same-sex marriage in France has risen despite major protests against the government's planned reforms earlier this month, a new poll by Ifop for news website Atlantico.fr showed.The proportion of those...

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Buy LIC Housing, AB Nuvo, Raymond: Merani

In CNBC-TV18's popular show Bull's Eye, Nooresh Merani, Analyse India Market Solutions shares trading strategy of the day.Buy LIC Housing Finance . The stock has made a lot of bottoms around Rs 270-275 creating a good support zone. On the longer term...

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Sell HDIL, IVRCL; buy SKS Micro, Liberty Phos: SP Tulsian

In CNBC-TV18's popular show Bull's Eye, SP Tulsian, sptulsian.com shares trading strategy of the day.Buy SKS Microfinance with a target of Rs 175 and stop loss of Rs 162. The company has posted robust Q3 numbers with operating profit of Rs 32 crore and...

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Are analysts bullish on LT after robust Q3 order growth?

Moneycontrol BureauEven as sluggish orders from power sector continue to worry Larsen & Toubro , its other business segments like hydrocarbons and urban infra will boost order book going ahead, the company's chief financial officer, R Shankar Raman...

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Microsec Financial receives award in financial services category

Microsec Financial Services Ltd has informed BSE that the Company has been awarded the "Plaque Shield" in Category IV: Financial Services Sector (Other than Banking and Insurance) by the Institute of Chartered Accountants of India as 'ICAI Awards for...

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Buy Sun TV, Zee Ent, Century Textiles, Godrej Ind: Merani

In CNBC-TV18's popular show Bull's Eye, Nooresh Merani, Analyse India Market Solutions shares trading strategy of the day. Buy Sun TV . The stock remains a long-term favourite with an upside target of Rs 550 and any dips below Rs 420 is a buying...

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Go long on ITC, short on Hindustan Unilever, says Baliga

Thu, Jan 24, 2013 at 09:28 Independent analyst, Ambareesh Baliga advises going long on ITC and short on Hindustan Unilever (HUL). Like this story, share it with millions of investors on M3 Go long on...

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Rajnath Singh elected BJP president

By David Lalmalsawma NEW DELHI (Reuters) - Rajnath Singh was on Wednesday elected as the president of the opposition Bharatiya Janata Party (BJP) after scandal-tainted incumbent Nitin Gadkari pulled out of the race. Singh has been elected unopposed...

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Ajanta Pharma Q3 profit up 76% to Rs 33 cr, shares soar 20%

Healthcare firm Ajanta Pharma reported excellent earnings on Wednesday with the net profit growing 76.2 percent year-on-year to Rs 32.6 crore in the third quarter of financial year 2012-13.Net sales rose by 37.5 percent to Rs 225.7 crore from Rs 164.2...

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Accumulate Oberoi Realty; target of Rs 333: PLilladher

Prabhudas Lilladher is bullish on Oberoi Realty and has recommended accumulate rating on the stock with a target of Rs 333 in its January 21, 2013 research report."Oberoi Realty's, sales momentum, during the quarter, showed a further decline despite...

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Etihad may value Jet stake at $1.25bn: Sources

Abu Dhabi-based Etihad Airways may have agreed on a valuation of USD 1.25 billion for an undisclosed stake in Jet Airways . CNBC-TV18's Kritika Saxena reports. Sources say the deal is likely to value at around Rs 6,700 crore at a 15-20 percent premium...

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LT a best bet: Religare Capital Markets

Larsen and Toubro (L&T) is a best bet in the infrastructure space, says Gautam Trivedi of Religare Capital Markets.Trivedi told CNBC-TV18, "L&T is one stock that has been left standing in the infra space. We know that the others are down anywhere...

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Need more reforms for oil gas to gain: Gandhi

According to Jayesh Gandhi, Executive Director at Morgan Stanley, the government needs to stay on course on measures that will lead stocks higher from current levels.Gandhi told CNBC-TV18, "We have been monitoring oil &gas space very closely. These...

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Euro Finmart board meeting on Jan 23, 2013

Mon, Jan 21, 2013 at 12:28 Euro Finmart board meeting will be held on January 23, 2013 to approve the swap ratio for the Amalgamation of Euro Finmart Limited with Alankit Assignments Limited on the basis of Valuation Report and the draft...

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Dr Reddys Labs Q3 Results on Feb 14, 2013

Mon, Jan 21, 2013 at 12:28 The meeting of the Board of Directors of Dr Reddys Laboratories will be held on February 14, 2013 to consider and approve the Unaudited Financial Results of the Company for the quarter and nine months ended...

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Tamilnadu Jai Bharath Mills appoints T. R. Dhinakaran as MD

Mon, Jan 21, 2013 at 12:28 Tamilnadu Jai Bharath Mills has informed that Resignation of Shri. D. Senthilkumar, Managing Director was accepted and Shri. T. R. Dhinakaran, Director was appointed as Managing Director. The Board desired...

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IAF orders probe into attack on its helicopter

New Delhi, Jan 19 (PTI) The Indian Air Force has ordered a probe into the yesterday's incident in which its helicopter came under attack by suspected naxalites in the interiors of Chhattisgarh's Sukma district. One CRPF personnel was injured and the...

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Vizag TDP leader quits

Visakhapatnam, Jan 19 (PTI) Senior TDP leader and politburo member Chintakayala Ayyannapathrudu today resigned from the party accusing it of violating fundamental guidelines in suspension of a district leader. "While a person was facing allegations,...

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Youth arrested for making hoax calls to airlines

Mumbai, Jan 19 (PTI) The Mumbai police today arrested a 19-year old youth who used to make hoax calls to airline companies seeking release of the now executed 26/11 Mumbai terror attack convict Mohammed Ajmal Kasab. "We have arrested one Vikas Yadav...

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Sandesh fixes record date for buy-back of shares

Sat, Jan 19, 2013 at 12:10 Sandesh has informed regarding with respect to offer for Buyback of up to 9.60k equity shares of FV of Rs 10 each. The Buyback committee in its meeting held on Jan 16, 2013 has fixed the record date on Feb...

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Hold Bajaj Auto: Ventura

Ventura has recommended hold rating on Bajaj Auto in its January 17, 2013 research report. "Bajaj Auto management expects the volume growth to remain subdued over the coming months for the industry as a whole. However, the company is expected to...

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Murray overcomes practice partner Berankis

MELBOURNE (Reuters) - Andy Murray, berating himself for playing "nonsense" tennis in the second set, overcame pesky practice partner Ricardas Berankis on Saturday to advance to the fourth round of the Australian Open. The third-seeded Briton struggled...

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Steel Secretary woos investors in Singapore

Steel Secretary D R S Chaudhary has projected the potential of Indian steel industry before Singapore investors, including state-owned Temasek Group and GICS, saying the Indian steel sector has grown by 5 per cent last year against 1.2-1.4 per cent posted...

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Sell Cocud below Rs 1350: Geojit Comtrade

Geojit Comtrade has come out with its report on Cocud, CPO and Kapas. According to the research firm, one can sell Cocud below Rs 1350, Kapas on pullbacks and CPO obove Rs 443.Cocud Feb NCDEX: Prices broke the key support of 1367 and traded lower to...

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Sell safe havens, buy risky commodities: Motilal Oswal

Gold has witnessed a fairly soft start today. On China economy and US housing data, the risky assets will be biggest beneficiaries while safe havens may lose a bit of sheen, says Kishore Narne, Motilal Oswal Commodity Broker. Factoring in the rupee strength,...

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Essar Oil's independent director passes away

Thu, Jan 17, 2013 at 12:24 Essar Oil has informed about the untimely demise of the Independent Director, Mr. K V Krishnamurthy on January 16, 2013. '; if (google_ads[0].type=="text") { ...

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Sabero Organics consolidated Dec '12 sales at Rs 124.00 crore

Thu, Jan 17, 2013 at 12:25 Sabero Organics Gujarat has reported a sales turnover of Rs 124.00 crore and a net profit of Rs 2.03 crore for the quarter ended Dec '12 Like this story, share it with millions of investors...

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ATV Projects standalone Dec '12 sales at Rs 8.65 crore

Thu, Jan 17, 2013 at 12:27 ATV Projects India has reported a sales standalone turnover of Rs 8.65 crore and a net profit of Rs 0.11 crore for the quarter ended Dec '12 Like this story, share it with millions of investors...

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Orient Refractories up 9% on promoters' stake sale

Orient Refractories rallied as much as 9 percent to touch an intraday high of Rs 40 on Wednesday after the promoters have decided to sell stake in the company.Orient Abrasives, SG Rajgarhia along with other promoters of Orient Refractories have entered...

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USDINR may go upto 55-55.15: Fortune Financial

Fortune Financial Services has come out with its report on USDINR. According to the research firm, NSE USDINR Fut tested the support level of 54.47 and then bounced back. Dollar is likely to trade positively today, if see dollar strengthen overnight....

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Nishikori happy to carry Asia's grand slam hopes

By Ian Ransom MELBOURNE (Reuters) - Asia's failure to produce a male grand slam singles champion is a wrong that needs to be righted, according to Kei Nishikori, and the Japanese trailblazer has made it his mission to be first to clinch a major trophy...

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