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Date: 31/07/2014
Savant Infocomm: Appointment of director
Savant Infocomm: Appointment of director Savant Infocomm has board meeting held on July 28, 2014, has appointed Mrs. Mina Parikh, as a Director of the company with immediate effect and till the conclusion of the next annual general meeting scheduled on September 26, 2014 when she will be eligible for re-election.
Date: 31/07/2014
Jagran Prakashan: Outcome of board meeting - Resignation of Directors
Jagran Prakashan: Outcome of board meeting - Resignation of Directors Jagran Prakashan has informed that due to their pre-occupations Mr. Gavin K. O Reilly, Mr. Rashid Mirza and Mr. Vikram Bakshi, independent directors of the Company, have requested for resignation from the Board of Directors. In the Board meeting of the Company held on July 31, 2014 all the resignations have been accepted.
Date: 31/07/2014
Elgi Equipments: Outcome of board meeting
Elgi Equipments: Outcome of board meeting Elgi Equipments has board meeting held on July 31, 2014, have approved the appointment of Mrs. Vaishnavi PM for the position of Company Secretary with effect from July 31, 2014. Mrs. Vaishnavi PM - Company Secretary of the Company has been authorized to act as the Compliance Officer of the Company.
Date: 31/07/2014
Moser Baer India: Appointment of company secretary compliance officer
Moser Baer India: Appointment of company secretary  compliance officer Moser Baer India has appointed Mr. Neeraj Parmar as Company Secretary and Compliance Officer with effect from August 01, 2014.
Date: 31/07/2014
Buy BHEL, PTC India: Siddharth Bhamre
Siddharth Bhamre Siddharth Bhamre, Head - Investment Advisory and Derivatives at Angel Broking is of the view that one may buy PTC India and Bharat Heavy Electricals.
Date: 31/07/2014
Kerry meets Jaitley; discusses WTO impasse
Kerry meets Jaitley; discusses WTO impasse India has been maintaining that it will not ratify the TFA, which is dear to the developed world, until a permanent solution is found on the issue of public stock holding for food security purposes.
Date: 31/07/2014
IRB Infra may test Rs 270: Siddharth Bhamre
Siddharth Bhamre Siddharth Bhamre, Head - Investment Advisory and Derivatives at Angel Broking is of the view that IRB Infra may test Rs 270.
Date: 31/07/2014
Late sell-off drags Nifty below 7750; Re ends at 3-mnth low
Late sell-off drags Nifty below 7750; Re ends at 3-mnth low The Nifty ended July series FO at 7721.30, down 70.10 points or 0.90 percent at 7721.30. The Sensex fell 192.45 points or 0.7 percent at 25894.97. About 1431 shares advanced, 1488 shares declined, and 122 shares were unchanged. The market turnover today was around Rs 6.79 lakh crore, this is the third highest turnover of all time.
Date: 31/07/2014
Late sell-off drags Nifty below 7750; Re ends at 3-mnth low
Late sell-off drags Nifty below 7750; Re ends at 3-mnth low The Nifty ended July series FO at 7721.30, down 70.10 points or 0.90 percent at 7721.30. The Sensex fell 192.45 points or 0.7 percent at 25894.97. About 1431 shares advanced, 1488 shares declined, and 122 shares were unchanged. The market turnover today was around Rs 6.79 lakh crore, this is the third highest turnover of all time.
Date: 31/07/2014
Shoppers Stop Q1 net down 54.26% at Rs 75.10 lakh
Shoppers Stop Q1 net down 54.26% at Rs 75.10 lakh Income from operations in the period under review moved up to Rs 602.07 crore, an increase of 14.10 percent from Rs 527.64 crore in the same quarter of the previous fiscal.
Date: 31/07/2014
June core sector growth reaches 9-month high at 7.3%
June core sector growth reaches 9-month high at 7.3% In the clearest signal yet that economic activity is picking up after the recently-concluded general elections, India‚??s core sectors grew at 7.3 percent in June 2014, the Office of the Economic Advisor said today, compared to 1.2 percent growth in the year-ago month.
Date: 31/07/2014
June core sector growth reaches 9-month high at 7.3%
June core sector growth reaches 9-month high at 7.3% In the clearest signal yet that economic activity is picking up after the recently-concluded general elections, India‚??s core sectors grew at 7.3 percent in June 2014, the Office of the Economic Advisor said today, compared to 1.2 percent growth in the year-ago month.
Date: 31/07/2014
HDIL Q1 profit jumps 3.5 times to Rs 56.7 cr
HDIL Q1 profit jumps 3.5 times to Rs 56.7 cr Total income from operations grew by 66 percent to Rs 250 crore in the first quarter of current financial year 2014-15 from Rs 150.7 crore in corresponding quarter of last fiscal.
Date: 31/07/2014
Greaves Cotton Apr-June net income falls 10% to Rs 28.7 cr
Greaves Cotton Apr-June net income falls 10% to Rs 28.7 cr Greaves Cotton reported a marginal rise in revenue at Rs 423 crore for the quarter as against Rs 412 crore a year ago.
Date: 31/07/2014
RB Denims: Outcome of board meeting
RB Denims: Outcome of board meeting RB Denims has now informed that the Board of Directors of the Company at its meeting held on May 25, 2014, have appointed Mr. Vipin Patel as a cost auditor of the Company. In this regard, the Company has submitted to BSE a copy of the extract of the resolution passed by the Board of Directors of the Company.
Date: 31/07/2014
Rasi Electrodes: Outcome of board meeting
Rasi Electrodes: Outcome of board meeting Rasi Electrodes has board meeting held on July 31, 2014, has approved the following: 1. To obtain the approval of shareholders through postal ballot on August 27, 2014, for the proposed Preferential Issue of Equity shares and convertible Warrants.
Date: 31/07/2014
GEI Industrial Systems: Outcome of board meeting
GEI Industrial Systems: Outcome of board meeting GEI Industrial Systems has informed that the Board of Directors of the Company has inter-alia considered and adopted the appointment of Additional Directors, Mr. Anil Chawla Mrs. Yogita Pant as Independent Directors in its meeting held on July 31, 2014.
Date: 31/07/2014
CFO Optimism Index at all-time high for July-Sept: DB
CFO Optimism Index at all-time high for July-Sept: DB The Composite CFO Optimism Index for the July-September quarter this year surged by 42.8 percent on a year-on-year basis and 35.4 percent on a quarter-on-quarter basis.
Date: 31/07/2014
Fitch retains India rating; revision reform-dependent
Fitch retains India rating; revision reform-dependent Fitch said the Budget 2014-15 announced by the new government is positive of credit-ratings and further revision will be dependent on the government's willingness to make difficult choices.
Date: 31/07/2014
Offshore India funds, ETFs see USD 294m inflows in Apr-Jun
Offshore India funds, ETFs see USD 294m inflows in Apr-Jun An offshore India fund is one that is not domiciled in India but invests primarily in Indian markets. This net inflows were seen after witnessing outflows of USD 909 million in the January-March quarter.
Date: 31/07/2014
Govt's mega inclusion push: Free A/cs for unbanked homes
Govt's mega inclusion push: Free A/cs for unbanked homes The government will look to create two free bank accounts for every unbanked Indian households, Finance Minister Arun Jaitley said today after meeting with heads of public sector banks to discuss its financial inclusion plan.
Date: 31/07/2014
BoB's SS Mundra assumes office as RBI Deputy Governor
BoB's SS Mundra assumes office as RBI Deputy Governor Mundra, 60, takes over as the fourth deputy governor of the central bank after Urjit Patel, HR Khan, and R Gandhi. Of the four deputy governors, one is hired from the banking sector, one an economist (Patel) and two from the RBI itself.
Date: 31/07/2014
JSW Steel to increase capacity to 40 mn tonnes by 2025
JSW Steel to increase capacity to 40 mn tonnes by 2025 The company has installed capacity of 14.3 million tonnes
Date: 31/07/2014
Nokia to buy part of Panasonic's network business
Nokia to buy part of Panasonic's network business Nokia Networks has entered into a memorandum of understanding to acquire part of the wireless networks business of Panasonic System Networks Company Ltd," Nokia said in a statement today
Date: 31/07/2014
Nifty ends July series at 7721, Sensex falls 1%; banks dive
Nifty ends July series at 7721, Sensex falls 1%; banks dive Banks were hurt most in today's trade. Bank Nifty dragged over 1 percent. HDFC twins, SBI, ICICI Bank and Axis Bank were top losers in the finacial counter. Among the losers in the Sensex were NTPC, MM and Tata Power.
Date: 31/07/2014
Cipla, BioQuiddity ink pact to sell pain management product
Cipla, BioQuiddity ink pact to sell pain management product The pact between Cipla Europe (CE) NV, the company's wholly owned arm, and BioQuiddity Inc will cover countries in Europe, the company said in a statement.
Date: 31/07/2014
FDA raises concern over drug production process at Cadila
FDA raises concern over drug production process at Cadila The FDA has not expressed concerns over the entire facility, said the sources. The US agency communicated its concern to Cadila in a Form 483, a letter in which the agency typically outlines violations of standard manufacturing practices.
Date: 31/07/2014
RBI to keep policy rate steady until Q1 2015: Reuters poll
RBI to keep policy rate steady until Q1 2015: Reuters poll Nearly all the 43 economists surveyed over the past week expect the RBI to leave its key repo rate on hold at 8 percent.
Date: 31/07/2014
Cipla gains 3%, Wipro DRL drag; Nifty still below 7800
Cipla gains 3%, Wipro  DRL drag; Nifty still below 7800 Cipla is up 3 percent, followed by Tata Steel, Reliance, Coal India and GAIL. Hindalco, Wipro, MM, Dr Reddy's Labs and Sun Pharma are among the laggards.
Date: 31/07/2014
Gulf Oil's RoE to be 30-35%: PBT to touch Rs 140cr in FY15
Sanjay Hinduja Sanjay Hinduja, Chairman of Gulf Oil Lubricants India is confident of the company‚??s EBIDTA margin improving substantially coupled with a double-digit topline growth.
Date: 31/07/2014
Midcap, smallcap outperform; Sensex choppy, RIL supports
Midcap, smallcap outperform; Sensex choppy, RIL supports Steel and mining stocks gained strength with the Tata Steel, Sesa Sterlite and Coal India rising 1-3 percent while oil gas stocks like Reliance Industries and GAIL gained 1 percent each.
Date: 31/07/2014
Metals up; Sensex Nifty sluggish, rain lashes Mumbai
Metals up; Sensex  Nifty sluggish, rain lashes Mumbai Tata Steel, Cipla, Maruti, Sesa Sterlite and BHEL are top gainers while Wipro, Tata Power, Dr Reddy's Labs, Sun Pharma and Hero MotoCorp are among losers.
Date: 31/07/2014
Equity Mutual Funds NAVs gain as markets closed higher
Equity Mutual Funds NAVs gain as markets closed higher Equity Mutual Funds closed in a positive terrain as the Equity benchmarks rebounded in last couple of hours of trade on Wednesday after falling since last Friday.
Date: 31/07/2014
Nifty marginally down on July expiry day; IT stocks weak
Nifty marginally down on July expiry day; IT stocks weak In the technology space, HCL Technologies lost 2 percent despite 13 percent sequential growth in profit for April-June quarter. Wipro declined 1.5 percent while TCS, Infosys and Tech Mahindra (ahead of numbers today) slipped marginally.
Date: 31/07/2014
Google under European regulatory spotlight
Google under European regulatory spotlight Google Inc faces a variety of challenges from European Commission regulators, in contrast to its experience in the United States where the Internet search company has largely mitigated regulatory threats.
Date: 31/07/2014
Sensex, Nifty flat on July series expiry; ITC, Bharti gain
Sensex, Nifty flat on July series expiry; ITC, Bharti gain Sesa Sterlite, Maruti, Bharti, ITC and GAIL are top gainers in the Sensex. Among the losers are Axis Bank, Hindalco, TCS and BHEL.
Date: 31/07/2014
Go long, buy Nifty, mkt likely to remain cheerful: Sukhani
Sudarshan Sukhani Watch the interview of technical analyst, Sudarshan Sukhani of s2analytics.com with Latha Venkatesh and Sonia Shenoy of CNBC-TV18. He shared his reading and outlook on the market and also gave recommendations on various stocks.
Date: 31/07/2014
Review: Fed cuts bond buying, still wary about labor mkts
Review: Fed cuts bond buying, still wary about labor mkts The central bank cut its monthly asset purchases to $25 billion from $35 billion, leaving it on course to shutter the program this fall.
Date: 30/07/2014
Shanti Pharma's Outcome of board meeting
Shanti Pharma's Outcome of board meeting Trans Medicare at its meeting held on July 30, 2014, has considered and taken decision on the Board has considered the Scheme of Amalgamation and Arrangement with Shareholders of the Company for reconstruction of M/s. Nandini Industries India Private Limited with the Company is as approved in principle.
Date: 30/07/2014
Ferro Alloys Corporation's director Vinod Saraf resigns
Ferro Alloys Corporation's director Vinod Saraf resigns Ferro Alloys Corporation has informed that Mr. Vinod Saraf has tendered his resignation as a Director and also the Joint Managing Director of the Company w.e.f. July 25, 2014.
Date: 30/07/2014
Vipul's fixes book closure for dividend AGM
Vipul's fixes book closure for dividend  AGM Vipul has informed that the Register of Members Share Transfer Books of the Company will remain closed from September 19, 2014 to September 24, 2014 (both days inclusive) for the purpose of Payment of Dividend Annual General Meeting (AGM) of the Company to be held on September 24, 2014.
Date: 30/07/2014
JBF Industries' committee meeting on August 13, 2014
JBF Industries' committee meeting on August 13, 2014 JBF Industries board meeting will be held on August 13, 2014, to allot and issue equity shares under Employees Stock Option Scheme.
Date: 30/07/2014
Tata Steel's Q1 results on August 13, 2014
Tata Steel's Q1 results on August 13, 2014 Tata Steel board meetiong will be held on August 13, 2014, to consider and take on record the audited standalone financial results and unaudited consolidated financial results for the quarter ended June 30, 2014 (Q1).
Date: 30/07/2014
Facor Alloys' director M. D. Saraf resigns
Facor Alloys' director M. D. Saraf resigns Facor Alloys Ltd has informed BSE that Mr. M. D. Saraf has tendered his resignation as a Director of the Company w.e.f. July 25, 2014.
Date: 30/07/2014
Prozone Capital Shopping Centres' change name of the company
Prozone Capital Shopping Centres' change name of the company Prozone Capital Shopping Centres has informed that the office of Registrar of Companies, Mumbai has approved the change of name of the Company from Prozone Capital shopping Centres Limited to Prozone Intu Properties Limited with effect from July 24, 2014 and has issued a fresh certificate of incorporation to the Company.
Date: 30/07/2014
CMI FPE: Outcome of AGM
CMI FPE: Outcome of AGM CMI FPE has informed that the 28th Annual General Meeting (AGM) of the Company was held on July 30, 2014.
Date: 30/07/2014
Everest Industries: Outcome of board meeting
Everest Industries: Outcome of board meeting Everest Industries at its meeting held on July 30, 2014 have allotted the Equity Shares to the Employees of the Company under the Employees Stock Option Schemes in the 5170 Equity Shares allotted to the Employees under ESOS 2009 and 4750 Equity Shares allotted to the Employees under ESOS 2010.
Date: 30/07/2014
Vishwamitra Financial Services: Outcome of board meeting
Vishwamitra Financial Services: Outcome of board meeting Vishwamitra Financial Services at its meeting held on July 30, 2014, has approved Ms. Neha Singh has been appointed as a Whole time Secretary of the Company in accordance with provision of Section 203 of the Companies Act, 2013 read with Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014.
Date: 30/07/2014
Vishwamitra Financial Services: Updates on Outcome of Board Meeting
Vishwamitra Financial Services: Updates on Outcome of Board Meeting Vishwamitra Financial Services has informed that resignation of Ms Sudeshna Basu from the post of Company Secretary w.e.f. August 01, 2014 has been approved by the Board of Directors at its meeting held on July 30, 2014.
Date: 30/07/2014
Coromandel Engineering: Outcome of AGM
Coromandel Engineering: Outcome of AGM Coromandel Engineering Company has informed that the 66th Annual General Meeting (AGM) of the Company was held on July 30, 2014.
Date: 30/07/2014
CMI FPE: Outcome of board meeting
CMI FPE: Outcome of board meeting CMI FPE at its meeting held on July 30, 2014, Mr. Jean-Marc Kohlgruber - Chairman of the Board, has been mandated the position of Chief Strategic Planning Officer of CMI Group and Mr. Jean Jouet, Chief Development Officer of CMI SA would take over the position of President of CMI Industy in due course.
Date: 30/07/2014
Ramchandra Leasing Finance's company cecretary CO Gopal Shah resigns
Ramchandra Leasing  Finance's company cecretary  CO Gopal Shah resigns Ramchandra Leasing Finance has informed that Mr. Gopal Shah Company Secretary Compliance Officer of the Company has resigned with effect from July 28, 2014. Further, the Company has appointed Ms. Asmita Purohit as Company Secretary Compliance Officer With effect from July 29, 2014.
Date: 30/07/2014
Frontline Securities: Outcome of board meeting
Frontline Securities: Outcome of board meeting Frontline Securities at its meeting held on July 30, 2014, has considered the Mutual Fund Distribution business of the Company In reference to the Circular issued by Reserve Bank of India on December 04, 2006, the Board decided the Company shall not approach for any new business of Mutual Fund Distribution with immediate effect.
Date: 30/07/2014
IOB to raise $500 million through overseas bond sale
IOB to raise $500 million through overseas bond sale State-owned lender Indian Overseas Bank (IOB) announced here today that it plans to raise USD 500 million through a medium-term bond sale shortly. The bank has already received approval to raise up to USD 1 billion from its board.
Date: 30/07/2014
Exim Bank inks trade facilitation pact with US body
Exim Bank inks trade facilitation pact with US body Export-Import Bank of India (Exim Bank) today entered into a partnership with a US government body to help and advice domestic companies interested in investing in the world's largest economy.
Date: 30/07/2014
DGCA expands scope of SpiceJet audit
DGCA expands scope of SpiceJet audit SpiceJet today confirmed the Directorate General of Civil Aviation (DGCA) had formed a three-member committee to conduct an ‚??engineering audit‚?Ě even as it sought allay investor fears by saying it was ‚??fully-compliant with all safety regulations‚?Ě.
Date: 30/07/2014
US economy rebounds strongly in Q2, expands at 4%
US economy rebounds strongly in Q2, expands at 4% The economy grew 0.9 percent in the first half of this year and growth for 2014 as a whole could average above 2 percent. The first quarter contraction, which was mostly weather-related, was the largest in five years.
Date: 30/07/2014
Top-level rejig at Diageo, Kripalu elevated
Top-level rejig at Diageo, Kripalu elevated Diageo Western Europe President John Kennedy would will take responsibility for Russia, Eastern Europe and Turkey as President, Diageo Europe. It would be in addition to his current responsibility, the London-headquartered firm said.
Date: 30/07/2014
FM to meet PSU bankers to discuss financial inclusion plan
FM to meet PSU bankers to discuss financial inclusion plan Finance Minister Arun Jaitley will hold a meeting with chief executives of public sector banks and financial institutions on July 31 to discuss the government‚??s financial inclusion plan, among other things.
Date: 30/07/2014
FinMin sets panel to give more teeth to debt recovery laws
FinMin sets panel to give more teeth to debt recovery laws A panel has been constituted by Department of Financial Services for suggesting changes in the existing laws to make debt recovery more effective, sources said.
Date: 30/07/2014
India IT security mkt to touch $1.06 bn in 2015: Gartner
India IT security mkt to touch $1.06 bn in 2015: Gartner According to Gartner, security vendor revenue (hardware, software and services) in India will grow from USD 882 million in 2013 to USD 953 million in 2014.
Date: 30/07/2014
Temasek bullish on India, sees e-comm mkt grow 6x in 4 yrs
Rohit Sipahimalani Temasek was an early investor in Alibaba and says Snapdeal's model is similar to that of Alibaba.
Date: 30/07/2014
Why Vishal Sikka wants to make Infosys more process-driven
Why Vishal Sikka wants to make Infosys more process-driven Infosys on Wednesday held an extraordinary general meeting to bid farewell to SD Shibulal and Kris Gopalakrishnan as shareholders of the company also approved the appointment of Sikka as the new CEO.
Date: 30/07/2014
Russia's central bank supports sanctions targets
Russia's central bank supports sanctions targets Russia's central bank promised to support financial institutions hit by US sanctions as stocks took a tumble in Moscow today.
Date: 30/07/2014
Canara Robeco MF announces dividend under its 2 schemes
Canara Robeco MF announces dividend under its 2 schemes Canara Robeco Mutual Fund announces dividend, under Canara Robeco Balance and Canara Robeco F.O.R.C.E Fund, the record date for dividend is July 25, 2014.
Date: 30/07/2014
Edelweiss Select Midcap Fund announces dividend
Edelweiss Select Midcap Fund announces dividend Edelweiss Select Midcap Fund announces dividend, the record date for dividend is August 01, 2014.
Date: 30/07/2014
Birla Sun Life Pure Value Fund announces dividend
Birla Sun Life Pure Value Fund announces dividend Birla Sun Life Pure Value Fund announces dividend, the record date for dividend is July 31, 2014.
Date: 30/07/2014
Nifty snaps 2-day fall, July expiry eyed; LT tanks 7%
Nifty snaps 2-day fall, July expiry eyed; LT tanks 7% Bharti Airtel, India‚??s largest telecom operator, was the biggest gainer today, up 5.3 percent after solid growth in domestic wireless business. Engineering and construction major Larsen and Toubro topped the selling list throughout the session today, down 7.3 percent after weak earnings in Q1.
Date: 30/07/2014
Microsoft says complies with law in China amid probe
Microsoft says complies with law in China amid probe Nearly a hundred SAIC officials visited Microsoft offices in Beijing, Shanghai, Guangzhou and Chengdu, it said, seizing computers and digital files, and copying contracts and financial statements.
Date: 30/07/2014
Here's what transpired at the Mint Budget Conclave
Here's what transpired at the Mint Budget Conclave The eminent panelist at the Mint Budget Conclave discussed about the Budget in detail, comparing today‚??s India to the India in 1991.
Date: 30/07/2014
Gera's song of joy in Pune
Gera's song of joy in Pune This week in the launch-pad segment, Prime Property puts the spotlight on the Pune based Gera Developers new child-centric homes located in Gera‚??s home cities in Bangalore, these are not merely cartoon themed bedrooms parks but go beyond that to house training facilities for sports, dance music.
Date: 30/07/2014
Race for Grosvenor House
Race for Grosvenor House Subrata Roy gets ready to sell Sahara‚??s priced overseas assets, vaccine king Cyrus Poonawalla submits 550 million pound bid for the landmark Grosvenor House in London. This on the same week the SC asked Tihar Jail if it is ready to grant facilities like Wi-Fi and video conferencing for Roy to negotiate realty deals while still in police custody.
Date: 30/07/2014
Skilling India: An initiative to build skills ecosystem
Skilling India: An initiative to build skills ecosystem Watch Skilling India ‚?? an initiative to build a sustainable skills ecosystem in India.
Date: 30/07/2014
Panel recommends green nod to Fatehpur East Coal mine
Panel recommends green nod to Fatehpur East Coal mine The EAC conditions include that the company implement plan of temporary housing facility for contractual workers, an environmental cell be created to monitor and implement the environmental and social issue and the CSR spending should be Rs 12 crore.
Date: 30/07/2014
Investors pull out Rs 60,000 cr from MF schemes in June
Investors pull out Rs 60,000 cr from MF schemes in June As per the latest data available with SEBI, there was a net outflow of Rs 59,726 crore in June as against a net inflow of Rs 1,46,094 crore in the previous two months.
Date: 30/07/2014
Sensex, Nifty snap 2-day fall; Bharti up 5%; LT tanks 7%
Sensex, Nifty snap 2-day fall; Bharti up 5%; LT tanks 7% Bharti Airtel topped the buying list, up 5 percent followed by Hero Motocorp, ICICI Bank, Hindalco, HDFC, Lupin, PNB, Kotak Mahindra Bank and DLF with 2-4.5 percent.
Date: 30/07/2014
Decoding Tata Group's Cyrus Mistry
Sajeet Manghat Cyrus Mistry may be the first Tata Group Chairman who has his eyes on profitability, not to say others didn't, but he articulated this very clearly to the group leaders.
Date: 30/07/2014
Is China's low-cost airline sector set for takeoff?
Is China's low-cost airline sector set for takeoff? "The future growth of aviation in the mainland will be budget travelers, as well as tourists looking to travel domestically and within Asia via low-cost carriers," said Jonathan Galaviz, partner at Global Market Advisors.
Date: 30/07/2014
DSP BlackRock MF picks auto, bank, cement; sells telecom
DSP BlackRock MF picks auto, bank, cement; sells telecom IDFC, HCL Infosystems and GVK Power were the top buys, while Jaiprakash Power Ventures, NTPC and Manappuram Finance were the top sells by DSP BlackRock Mutual Fund.
Date: 30/07/2014
Sensex slips 100 pts; Tata Motors loses 2%, Dr Reddy's up
Sensex slips 100 pts; Tata Motors loses 2%, Dr Reddy's up Commercial vehicle maker Tata Motors and top lender State Bank of India plunged 2 percent each. Index heavyweight Reliance Industries slipped 1 percent followed by HDFC, Tata Steel and BHEL with 0.5-1 percent.
Date: 30/07/2014
Franklin Templeton buys bank, engg; sells telecom
Franklin Templeton buys bank, engg; sells telecom Petronet LNG, Tata Motors and JSW Energy were the top buys, while NTPC, Federal Bank and Gujarat Pipavav Port were the top sells by Franklin Templeton Asset Management.
Date: 30/07/2014
NTPC, NMDC, Petronet LNG top sells: ICICI Prudential MF
NTPC, NMDC, Petronet LNG top sells: ICICI Prudential MF NTPC, NMDC and Petronet LNG were the top sells, while Jaiprakash Associates, Rain Industries and Idea Cellular were the top buys by ICICI Prudential Mutual Fund.
Date: 30/07/2014
SBI declines, ICICI Bank gains; Sensex remains below 26000
SBI declines, ICICI Bank gains; Sensex remains below 26000 Larsen and Toubro topped the selling list, falling more than 5 percent followed by Sesa Sterlite with 3.5 percent after reporting weak set of results in the quarter ended June 2014. Citi downgraded LT to a neutral and lowered target price by 4 percent to Rs 1722, saying Q1 raised multiple red flags and it removed the stock from Asia focus list.
Date: 30/07/2014
PTC India, IDFC, JP Associates top sells: Birla Sun Life
PTC India, IDFC, JP Associates top sells: Birla Sun Life PTC India, IDFC and Jaiprakash Associates were the top sells, while Hindalco Industries, Idea Cellular and Firstsource Solutions were the top buys by Birla Sun Life Asset Management.
Date: 30/07/2014
Idea, Bharti, LT most active; Nifty struggles below 7750
Idea, Bharti, LT most active; Nifty struggles below 7750 Larsen and Toubro, Sequent Scientific, MCX India, Idea Cellular, Wockhardt, Bharti Airtel, Tata Motors, Infosys and SBI are most active shares on exchanges.
Date: 30/07/2014
Sensex, Nifty consolidate; Sesa Sterlite falls 3%, ONGC up
Sensex, Nifty consolidate; Sesa Sterlite falls 3%, ONGC up Jyotivardhan Jaipuria, Bank of America Merrill Lynch expects earnings growth to improve in coming quarters. He believes that Indian market is shaping up for a big bull run.
Date: 30/07/2014
Facebook to shut 2-year old Gifts shop on August 12
Facebook to shut 2-year old Gifts shop on August 12 Earlier this month Facebook said it was testing a special "buy" button for products advertised on the social network.
Date: 30/07/2014
Sensex, Nifty flat; Bharti Airtel ITC gain; LT tanks 8%
Sensex, Nifty flat; Bharti Airtel  ITC gain; LT tanks 8% Engineering and construction major Larsen and Toubro plunged nearly 8 percent post Q1 earnings. Sesa Sterlite and IDFC declined 2-3 percent on weak earnings in June quarater. HUL, Sun Pharma, BHEL, Ambuja Cements and DLF lost 0.4-1.3 percent.
Date: 30/07/2014
Don't sell Nifty now, focus on stocks: Sukhani
Sudarshan Sukhani Watch the interview of technical analyst, Sudarshan Sukhani of s2analytics.com with Latha Venkatesh and Sonia Shenoy of CNBC-TV18. He shared his reading and outlook on the market and also gave recommendations on various stocks.
Date: 30/07/2014
Israel pounds Gaza on Wednesday; 21 Palestinians killed
Israel pounds Gaza on Wednesday; 21 Palestinians killed Israeli tank shells pounding houses in eastern Jebalya in the northern Gaza Strip killed 13 people and wounded many others, health ministry spokesman Ashraf Al-Qidra said.
Date: 29/07/2014
Natural gas prices edge lower on mild weather, supply uncertainty
Natural gas prices edge lower on mild weather, supply uncertainty Natural gas prices edge lower on mild weather, supply uncertainty
Date: 29/07/2014
Forex - EUR/USD drops as dollar firms on U.S. consumer confidence data
Forex - EUR/USD drops as dollar firms on U.S. consumer confidence data Forex - EUR/USD drops as dollar firms on U.S. consumer confidence data
Date: 29/07/2014
U.S. oil futures drop to 2-week low ahead of API supply report
U.S. oil futures drop to 2-week low ahead of API supply report U.S. oil futures drop to 2-week low ahead of API supply report
Date: 29/07/2014
Forex - GBP/USD hits more than 1-month lows after U.S. data
Forex - GBP/USD hits more than 1-month lows after U.S. data Forex - GBP/USD hits more than 1-month lows after U.S. data
Date: 29/07/2014
Forex - Euro hits fresh 8-month lows against dollar
Forex - Euro hits fresh 8-month lows against dollar Forex - Euro hits fresh 8-month lows against dollar
Date: 29/07/2014
Orient Green Power Q1 net loss at Rs 26.1 cr
Orient Green Power Q1 net loss at Rs 26.1 cr Total Income of the company declined 16 percent from Rs 123.3 crore to Rs 147.3 crore, Y-o-Y.
Date: 29/07/2014
Secret Kitchen: Eid Special
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Date: 29/07/2014
Blue Star: Outcome of board meeting
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Date: 29/07/2014
Ranbaxy Q1 disappoints, posts loss at Rs 186cr on provision
Ranbaxy Q1 disappoints, posts loss at Rs 186cr on provision Consolidated revenue of the company fell 9.6 percent on yearly basis to Rs 2,426.2 crore due to lower exports (declined over 13 percent) while domestic revenue increased by 11.8 percent to Rs 621.6 crore in the quarter gone by.
Date: 29/07/2014
CCCL's AGM on September 01, 2014
CCCL's AGM on September 01, 2014 Consolidated Construction Consortium Ltd has informed BSE that the 17th Annual General Meeting (AGM) of the Company will be held at The Music Academy - Mini Auditorium, 168 TTK Road, Chennai - 600 014 on September 01, 2014 at 2.30 P.M.
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