Modi holds party symbol outside poll booth

The Aam Aadmi Party and Congress objected to the use of the lotus by Modi on the polling day and asked the Election Commission to step in. The Congress has said that it will complain to the Election Commission against BJP's prime ministerial candidate...

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HPC Biosciences to raise funds via right issue

HPC Biosciences at its meeting held on April 29, 2014 has decided to raise the funds through issue of Equity Shares on Right Basis and considered and approved the right issue in the ratio of 1 (one) Equity Shares for 2 (two) Equity Shares held by the...

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Expect NIMs to remain around 3.3% in FY15: Federal Bank

Federal Bank  reported a fairly robust set of quarterly earning numbers Wednesday with net interest income rising 30 percent quarter on quarter to Rs 625 crore while net profit jumped 25 percent to Rs 277 crore. This was even as year-on-year, other...

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Harita Seating: Updates on record date of interim dividend

Harita Seating Systems has fixed May 28, 2014 as the Record Date for the purpose of Payment of Interim Dividend, if declared. With reference to the earlier announcement dated April 28, 2014, regarding Record Date for Second Interim dividend , Harita...

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Tata Sponge may test Rs 800-850: Kunal Bothra

Kunal Bothra of LKP Securities is of the view that Tata Sponge may test Rs 800-850 in the next one year. Kunal Bothra of LKP Securities told CNBC-TV18, "It has been an interesting set of Tata stocks which have been rallying for the last one-two months....

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Mahindra Mahindra's FY14 results on May 30, 2014

Mahindra & Mahindra has informed that a meeting of the Board of Directors of the Company will be held on May 30, 2014, for consideration of the audited standalone and consolidated financial results of the Company for the Financial Year ended March...

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Swaraj Engines: Section of employees not reporting to duties at Mohali plant

Swaraj Engines has informed that a section of employees are not reporting to duties in a concerted manner at the Company's engine manufacturing Plant situated at Mohali, Punjab. Swaraj Engines Ltd has informed BSE that a section of employees are not...

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DB Realty down 5%, rupee at 1-week high; Midcaps in focus

The rupee rises to as high as 60.51, its highest since April 21, after a large infrastructure development company was spotted selling dollars, reports Reuters. The rupee was last trading at 60.58/59, compared with its close of 60.60/61 on Friday after...

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RCom, Tata Tele, Aircel tie up for 3G services

With this agreement, RCom gets access to 5 uncommon service areas - Andhra Pradesh, Karnataka, Tamil Nadu, Kerala and UP East where Aircel has presence. Telecom operator  Reliance Communications today announced a tripartite agreement with ...

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Vikram Sakhuja’s ambition for Maxus

Media agency Maxus continues to dominate headlines. According to the latest RECMA reports released earlier this month, the agency retained its position as India's most dominant media agency, and has been named the world's fastest growing media agency...

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There's change at Leo Burnett India

The big news from Indian advertising this week was the change of creative guard at Leo Burnett India. Former ECD of BBDO India, Raj Deepak Das will now take over from KV Sridhar as the new Chief Creative officer of the agency. This, nearly six months...

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Rain likely in North and Northeast; rest of India swelters under intense heat

The Western Disturbance brought light rain in Jammu & Kashmir where Gulmarg recorded 9.6 mm of rain. Srinagar, Batote and Pahalgam also received some rain. As the system is moving away, rain will decrease in the state. In the next 24 hours, Himachal...

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Sarda Energy to consider dividend

Sarda Energy & Minerals has informed that a meeting of the Board of Directors of the Company will be held on May 10, 2014 to consider and approve the audited financial and segment wise results for the F.Y. 2013-14. Sarda Energy & Minerals...

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Emami Paper: Outcome of board meeting

Emami Paper Mills at its meeting held on April 25, 2014, has accepted the resignation of Dr. Y. S. P. Thorat, as an independent director of the company, Shri M. B. S. Nair has been appointed as an additional director (Whole Time Director) designated...

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Damodar Industries: Updates on outcome of board meeting

Damodar Industries has has approved notice with resolution and explanatory statement to be sent to the members of the Company for holding Extraordinary General meeting on May 21, 2014 at 11.00 a.m. at Maheshwari Bhawan, 603, Chira Bazar (J. S. Road),...

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Maruti dips ahead of Q4 nos, BHEL up 2%; Sensex, Nifty weak

Top car maker Maruti Suzuki lost 1.5 percent ahead of announcing January-March (Q4FY14) quarter earnings. Analysts expect to see strong sequential improvement in Q4 as Maruti had reported strong margin performance despite muted volumes in December quarter....

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Buy Patel Engineering, Rashtriya Chemicals: Systematix

Systematix Shares is bullish on Patel Engineering Company, Rashtriya Chemicals and Fertilisers (RCF) and has recommended traders to buy both the stocks for the target price of Rs 80 and Rs 38 respectively in its research report dated April 25, 2014....

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Buy MindTree; target of Rs 1600: ICICIdirect

ICICIdirect.com is bullish on MindTree and has recommended buy rating on the stock with a target price of Rs 1600, in its research report dated April 23, 2014. ICICIdirect.com's report on MindTree MindTree reported stellar Q4FY14 earnings, which were...

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Corporate honchos Anil Ambani, Adi Godrej cast vote

Among others who voted were State Bank of India's chairman Arundhati Bhattacharya, who cast her vote in the Malabar Hill locality, where her official residence is located. N Chandrasekaran, who heads the country's largest software exporter Tata Consultancy...

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Can Modi lure foreign businesses to India?

While the prospect of an election victory by Bharatiya Janata Party (BJP) leader Narendra Modi is fueling optimism of a turnaround in India`s economic performance, questions remain about whether or not his leadership would be enough to lure foreign businesses...

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UP records over 24% voter turnout till 11 am

Hathras witnessed 26.4 percent polling in the first four hours while Mathura and Agra recorded 28 and 28.6 percent polling, respectively. Over 24.63 percent voters exercised their franchise in the first four hours in Uttar Pradesh, where polling is...

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India Inc. 'CAG'ed! Telecom Who Else?

Friday: 10.30 pm, Saturday: 11.30 am Sunday: 9:30am & 11.00pm Published on Sat, Apr 19,2014 | 18:15, Updated at Sat, Apr 19 at 18:19Source : CNBC-TV18 |   Watch Video : This week the Supreme...

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CCI Order: Third Party Appeals?

Published on Sat, Apr 19,2014 | 18:15, Updated at Sat, Apr 19 at 18:15Source : CNBC-TV18 |   Watch Video : When can a third party appeal against CCI's decision? The Jet-Etihad merger became the test case for this question when...

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Companies Act: How Will Life Change?

Published on Sat, Apr 19,2014 | 18:29, Updated at Sat, Apr 19 at 18:58Source : Moneycontrol.com |   Watch Video : Hello & Welcome to this brand new series – Companies, Act! Over the next many weeks we will analyze the impact...

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DRT quashes IFCI’s demand notice: Blue Coast Hotels

Blue Coast Hotels has informed that the Debt Recovery Tribunal - III at Mumbai has quashed and set aside the demand notice dated March 26, 2013 and measures taken u/s 13(4) of the SARFAESI Act, 2002 by IFCl against Blue Coast Hotels Ltd. With reference...

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Drought in Tamil Nadu has resulted in withering of Coconut trees

Drought in Tamil Nadu has resulted in withering of Coconut trees. Copra stocks with the farmers in Erode have been exhausted. Stocks are coming from Kerala and ... Drought in Tamil Nadu has resulted in withering of Coconut trees. Copra stocks with...

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Buy Infosys; target of Rs 3920: Prabhudas Lilladher

Prabhudas Lilladher is bullish on Infosys and has recommended buy rating on the stock with a target of Rs 3920 in its April 15, 2014 research report. Prabhudas Lilladher`s research report on Infosys "Infosys performance in Q4FY14 was mixed‐bag with...

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USIBC for lifting FDI caps in insurance, defence

The group is dedicated to trade and business between India and the United States. The USIBC, in the past few years, have been seeking FDI in multi-brand retail sector. The US India Business Council (USIBC), an advocacy group representing American...

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Don't worry about lower Q1 guidance; Q2 to be better: Wipro

While India's third-largest IT company Wipro 's revenues met analysts' expectations, brows have been raised over its Q1FY15 guidance . The company has guided for a muted Q1FY15, but still is a growth from earlier guidances, says Suresh C Senapaty, executive...

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Air India seeks bridge loan of $500 million

The state-run airline is offering the aircraft as security and will repay the loan after it concludes a sale and lease- back arrangement, it said, adding there will be no government guarantee for the loan. National carrier Air India is seeking a 'bridge...

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SC upholds order allowing CAG audit of telcos

The government had asked the federal auditor, which typically audits only public companies, to inspect accounts of several private telecom players amid speculation that they under-reported revenues in a bid to save on spectrum licence fees they pay to...

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Is Mumbai's real estate market picking up? Yes, say experts

Swiss chemical giant Clariant sold its 87 acre land parcel at Kolshet in Thane to Lodha Group for Rs 1,154 crore. The plot has a development potential of nearly 6 million square feet. Before that, Oberoi Realty and Tata Housing went shopping for Mumbai...

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Euro Finmart: Outcome of board meeting

Euro Finmart Ltd has informed that the Board of Directors of the Company at its meeting held on April 17, 2014, has decided to withdraw the Scheme of Arrangement between the Company and Alankit Assignments Limited which was filed with the stock exchange...

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Prefer Ashoka Buildcon, VA Tech Wabag: Saurabh Mukherjea

Saurabh Mukherjea, CEO-Institutional Equities at Ambit Capital prefers Ashoka Buildcon, VA Tech Wabag and Sadbhav Engineering in the infrastructure sector. Saurabh Mukherjea, CEO-Institutional Equities at Ambit Capital told CNBC-TV18, "What we have...

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Khaitan Chemicals to consider dividend

Khaitan Chemicals & Fertilizers has informed that a meeting of the Board of Directors of the Company will be held on May 20, 2014, to consider and adopt the accounts for the year ended March 31, 2014, and to take note of 'Audited Results' and may...

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ITC ICICI gain 1%, capital goods weak; Sensex rangebound

12:00 Moneycontrol BureauLive Market Commentary 12:20pm TCS Q4 earnings today Analysts believe the company is unlikely to surprise with its quarterly earnings given the management had indicated (in its analyst meet held in March) that revenues and...

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See CPI at 8.25%; WPI at 5.2%: Standard Chartered

Samiran Chakraborty, Head of Research, Standard Chartered Bank expects both Consumer Price Index (CPI) and Wholesale Price Index (WPI) to inch up due to rising food prices on account of weather-related troubles (hailstorms in parts of Maharashtra and...

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Higher food costs push Mar inflation at 7-mth high of 5.7%

A CNBC-TV18 poll of economists and analysts was anticipating inflation to come in around 5.2 percent. Inflation in India rose to a seven-month high of 5.7 percent in the month of March, snapping a three-month easing trend that will give the Reserve...

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Sensex trips 185 pts; March WPI inflation rises to 5.7%

Equity benchmarks extended losses in noon trade following increase in WPI inflation to 5.7 percent in March as against 4.68 percent in previous month. Economists had expected it at 5.2 percent. 12:26 Moneycontrol BureauLive Market Commentary ...

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Sugarcane sets may be planted during March-April

Sugarcane sets may be planted during March-April. Land preparation activity is started in some of the states. Apply 5% Malathion dust @3kg per bigha to avoid a ... Sugarcane sets may be planted during March-April. Land preparation activity is started...

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Real Strips' Ashwin Shah ceases to be company secretary effective April1, 2014

Real Strips has informed that Mr. Ashwin Shah has ceased to be company secretary with effect from April 1, 2014. kill_source=true; kill_footer...

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Nikkei slips to new six-month low on Wall St slide

Tokyo stocks slipped to a fresh six-month low on Monday as market sentiment stayed fragile after a rocky session on Wall Street and on escalating tensions in Ukraine. Bargain hunting in large caps like Toyota Motor Corp offered some support and helped...

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Maoist rebels kill 13 in Chhattisgarh blasts

The rebels have operated for decades across a wide swathe of central and eastern India, and grew in strength during recent times in areas where poor, tribal villagers came into conflict with mining companies seeking resources for industrialisation. ...

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MG Parameswaran talks on 'For God's Sake'

FCB Ulka's MG Parameswaran spoke to Storyboard's editor, Anant Rangaswami on the business of culture and religion and why brands should tap into them. FCB Ulka's MG Parameswaran in his latest book, 'For God's Sake', illustrates the role religion plays...

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Summer leads to spike in Asthma symptoms

Seasons have a very powerful potency in our lives and the shift from one season to the other affect our daily lives, the foods we crave for, clothes we wear and also the diseases we have. Spring becomes challenging for people suffering from asthma....

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Sun Pharma gains 3%, Reliance down 1%; Sensex drops 150 pts

Housing finance company HDFC tumbled 2 percent. Shares of Reliance Industries, Infosys, L&T, M&M, Hero Motocorop and Maruti dropped 1-1.6 percent. 12:25 Moneycontrol BureauLive Market Commentary Equity benchmarks fell over 0.6 percent...

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Expect Indian Rupee to trade on mixed note: Angel

From the intra-day perspective, Indian Rupee is expected to trade on a mixed note on the back of dollar demand from importers coupled with weak global market sentiments will exert downside pressure on the currency. Angel Broking's report on currency...

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Trendsetters in retail space: Developers must gear up

Ashutosh LimayeJLL India Over the last 6-8 quarters, the retail sector in India has been subject to immense pressures from a slowing economy, stagnancy in jobs and incomes, and lack of stimulus from government policies. More recently, India's quarterly...

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BSE Midcap, Smallcap indices up 1%; Sensex, Nifty steady

The broader markets outperformed benchmarks with the BSE Midcap and Smallcap indices gaining over a percent. 12:25 Moneycontrol BureauLive Market Commentary Equity benchmarks are firm in noon trade with the Nifty holding the 6700 level supported...

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