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Thursday, March 31, 2011

Supreme Infrastructure surges on revision in ratings assigned to the bank facilities of the company by CARE

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Supreme Infrastructure is currently trading at Rs. 210.15, up by 1.20 points or 0.57% from its previous closing of Rs. 208.95 on the BSE. ...

Aurobindo Pharma gains on getting final approval from USFDA for Fosinopril Sodium

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Aurobindo Pharma is currently trading at Rs 194.50, up by 0.70 points or 0.36% from its previous closing of Rs 193.80 on the BSE. The scri...

Reliance MediaWorks climbs on plans to raise Rs 500-Rs 600 crore through sale of equity

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Reliance MediaWorks is currently trading at Rs. 151.90, up by 0.65 points or 0.43% from its previous closing of Rs. 151.25 on the BSE. The ...

Equity indices continue to trade firm; Nifty above 5800 mark

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The domestic equity bourses have maintained their rally for the eight consecutive day with the BSE Sensex surpassing the 19,400 mark and th...

Benchmarks make firm start tracking positive cues from global indices

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The Indian equity markets have made a firm start tracking positive cues from global indices. The US markets extended their gains overnight ...

Glenmark Pharma surges on its arm discovering IND enabling studies of NBE

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Glenmark Pharma is currently trading at Rs. 286.00, up by 4.45 points or 1.58% from its previous closing of Rs. 281.55 on the BSE. The scri...

Mahindra Satyam, Cairn, Hindalco and Titan Industries to hog the limelight todayI

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I n a major setback to Mahindra Satyam, the Andhra Pradesh High Court asked the company to issue bankers' cheques worth Rs 350 crore to ...

CARE revises ratings assigned to the bank facilities of Supreme Infrastructure

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Credit rating agency, CARE has revised the ratings of Rs 224.75 crore long term bank facilities of Supreme Infrastructure to ‘BBB-‘from ‘BB...

Indian Oil Corp to close the kerosene unit at its Haldia refinery

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Indian Oil Corp (IOC) is likely to close the kerosene hydro-desulphurization unit at its Haldia refinery for maintenance from mid-April, pr...

KEC International bags new orders worth Rs 801 crore

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KEC International, the flagship company of PRG Group has bagged new orders worth aggregating Rs 801 crore in the areas of Transmission (dom...

Smartlink Network to sell its structured cabling business

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Smartlink Network Systems has received its board’s approval for the sale of the structured cabling business comprising of manufacture, sale...

Titan Industries’ retail chain arm - Tanishq to invest Rs 200 crore in next fiscal year

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The jewellery retail chain arm of Titan Industries - Tanishq, is planning to set up around 15 showrooms in various parts of the country wit...

Nalco likely to hike aluminum prices by Rs 2000 - 3000 per tonne

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National Aluminium Company (Nalco), second-biggest producer of aluminum is expected to increase the metal prices by Rs 2,000 - 3,000 a tonn...

HDFC Bank expands its branch network

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The country's second largest lender HDFC Bank in a bid to increase its footprint has opened 275 branches in the current fiscal taking i...

ICRA assigns LAAA (Stable) rating to the bank facilities of Power Finance Corporation

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Credit rating agency, ICRA has assigned the rating of LAAA with ‘Stable’ outlook to the Rs 31,500 crore (enhanced from Rs 28,000 crore) lon...

Glenmark Pharma’s arm discovers IND enabling studies of NBE

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Glenmark Pharmaceuticals SA (GPSA), a wholly owned subsidiary of Glenmark Pharmaceuticals India has discovered and initiated IND enabling s...

Welspun Corp bags orders worth Rs 1,182 crore

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Welspun Corp the second largest line pipe company in the world, has won pipe orders worth Rs 1,182 crore (approx 155 KMT) largely from inte...

Puravankara Projects launches Purva Midtown Residences

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Puravankara Projects launched a new mid segment property which institutes the idea of Smart Living - Purva Midtown Residences in East Banga...

Ruchi Strips & Alloys completes its slump sale of the steel business

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Ruchi Strips & Alloys has transferred its steel business as a going concern to its wholly owned subsidiary - RSAL Steel. The result of ...

Gloster Jute Godown Mill in Bauria reports fire incident

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Gloster has reported an incident of fire at one of its Jute Godown Mill at Bauria in West Bengal on March 29, 2011 causing damage to raw ma...