Anil Ambani Group company Reliance Capital has acquired a 4.98 per cent stake in an infra developer Trinethra Infra through an open market transaction.
Growth of core infrastructure industries slowed to 3.7 per cent in August, as compared to 6.4 per cent in the same month last year, according to data released by the government today.
Punj Lloyd and the Indian unit of France’s Nuvia signed an agreement on Wednesday to form a joint venture for nuclear engineering and support services, the companies said in a joint statement.
Exchange solutions provider Financial Technologies today said it has got shareholders’ approval to raise Rs 1,500 crore by issuing shares in the global market and by private placement of shares with buyers.
Hold TTK Prestige, says Shardul Kulkarni, Sr. Technical Analyst, Angel Broking.
Angel Broking is bullish on United Phosphorous and has recommended buy rating on the stock with a target of Rs 228 in its September 21, 2010 research report.
Buy Kingfisher Airlines on dips, says Shardul Kulkarni, Sr. Technical Analyst, Angel Broking.
Aditya Birla Money is bullish on GE Shipping and has recommended buy rating on the stock with a target of Rs 345 in its September 29, 2010 research report.
MindTree Ltd is looking to launch its 3g smartphone based on Google Inc’s Android platform in the United States in the second half of this fiscal year, its CFO said.
The founders of Pipavav Shipyard Ltd have pledged a total of 129.36 million shares, or 42.96 %, in the firm, data from the BSE showed on Wednesday.
Germany-based Suzlon Group company REpower Systems AG today announced that it has signed a contract with German wind farm project developer Denker & Wulf AG, for the delivery of 22 wind turbines to a new project in Mecklenburg-Western Pomerania, Germany.
Areva T&D today announced that it has been awarded an Rs 150 crore contract for generator transformer packages by Indiabulls for two upcoming projects in Maharashtra.
Kolkata-based Tantia Constructions today announced that it had bagged an order worth Rs 180 crore from Rail Vikas Nigam Limited (RVNL) in the name of SENBO-TANTIA joint venture.
On September 28, 2010 Glass Engineers Private Limited bought 16,857,362 shares of Piramal Glass at Rs 122.00.
Next resistance on Anant Raj Industries here is around Rs 158; Rs 129-130 is a decent support for the stock, says Ashwani Gujral, Technical Analyst.
Sujana Towers has broken out with very heavy volume. This could move higher in another couple of days but if you happen to get in lower at Rs 35-40, you would be well advice to book profits, says Ashwani Gujral, Technical Analyst.
Global multiplex chain Cinepolis plans to open about 500 screens across 40 cities in India at an investment of around Rs 1,500 crore by 2016, a top company official said.
IIFL is bullish on Shiv Vani Oil Gas Exploration Services and has recommended buy rating on the stock with a target of Rs 560 in its September 28, 2010 research report.
R Ramachandran Nair, Director and CEO of LIC Housing Finance, expects their strong growth momentum to continue. This year, Nair said they are looking at a disbursement target of Rs 20,000 crore.
Firstcall Research is bullish on La Opala RG and has recommended buy rating on the stock with a target of Rs 70 in its September 25, 2010 research report.
Western India Shipyard has bagged order worth Rs 563 lakh from Dredging Corporation of India for repair of one of their large vessels.
Aqua Logistics has bagged order worth Rs 110 crore.
GEI Industrial Systems has bagged order worth Rs 135 crore.
Tantia Constructions has bagged order worth Rs 180 crore from Rail Vikas Nigam
Sobha Developers will launch about 12 million square feet of residential projects this fiscal year and has implemented selective price increases, a top official said.
Buy MM Rs 800 Call, says VK Sharma of HDFC Securities.
Buy BGR Energy Systems, says VK Sharma of HDFC Securities.
Buy Mercator Lines Rs 57.5 Call, says VK Sharma of HDFC Securities.
Buy Tata Sponge Iron, says Technical Analyst, Ashwani Gujral.
Sterlite Industries tumbled in early trade, on the back of Madras High Court ordering the company to close its copper smelter plant in Tuticorin.
Solar power equipment maker Indosolar today tumbled 20 per cent on its debut from its issue price of Rs 29 on the Bombay Stock Exchange.
Senate Republicans successfully blocked the passage of an anti-offshoring bill that would have denied tax breaks to US companies which move jobs overseas.
The rupee appreciated by 25 paise to 44.90 against the US dollar at the Interbank Foreign Exchange market in the morning trade today on capital inflow into equities by foreign funds.
MCX Stock Exchange (MCX-SX) today said that it is seeking legal opinion on whether to approach the High Court or Securities Appellate Tribunal (SAT) to challenge Sebi’s order that rejected its application to offer trading in segments like equities and equity derivatives.
Pune-based Vascon Engineers plans to invest Rs 2,000-crore to develop a 105-acre township in Chennai over six-years, a top company official said today.
Steel pipe manufacturer PSL said it has won contracts worth Rs 565 crore including an order from IOC for supply of pipes to Paradip-Raipur-Ranchi project.
Buy Voltas, says Technical Analyst, Ashwani Gujral.
Buy Siemens, says Technical Analyst, Ashwani Gujral.
Mahindra Satyam is going to declare audited numbers for FY09 and FY10 today
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