Ashok Leyland jumps after delivery of buses in Ghana-news11062012

Shares of Ashok Leyland rose nearly 2%, touching the weekly high of Rs27.05, after the company said it has supplied 100 Falcon buses to Ghana in an order worth $7.6 million.

Power cos’ surge on tariff hike buzz-news11062012

Shares of power generation companies such as Adani Power, Reliance Infrastructure, JSW Energy and Tata Power each have rallied more than 4% each on the BSE on report that the government will allow to raise tariffs by up to Re1 per unit for power projects using imported coal to offset the effect of increase in fuel

HCL slips as promoters sell stake-news11062012

HCL Technologies fell over 1% and touched the day’s low of Rs488.95 on the BSE, after its vice-chairman and CEO Vineet Nayar has sold 2.7 million shares representing 0.39% stake of the company for Rs134 crore.

HCL slips as promoters sell stake-news11062012

HCL Technologies fell over 1% and touched the day’s low of Rs488.95 on the BSE, after its vice-chairman and CEO Vineet Nayar has sold 2.7 million shares representing 0.39% stake of the company for Rs134 crore.

M&M to hike XUV500 output to 5k units a month-news11062012

Homegrown auto major Mahindra & Mahindra (M&M) will be increasing the monthly production of its hot-selling sports utility vehicle ( SUV) XUV500 to 5,000 units by around September-October.

Apollo Hosp to add another 2,955 beds in 3 yrs-news11062012

Chennai-based Apollo Hospitals plans to invest nearly Rs1,940 crore to add another 2,955 beds across the country in the next three years.

RBI OKs Rcap for mutual fund biz stake sale-news11062012

The Reserve Bank of India ( RBI) has approved Anil Ambani-led Reliance Group's Rs1,450-crore stake sale in its mutual fund business unit to Japan's Nippon Life.

Suzlon Energy may get 45-day extension on FCCB-news11062012

Suzlon Energy is likely to get a breather today (June 11, 2012), when its foreign currency bond holders may approve of the 45-day repayment extension sought by the loss-making wind turbine maker, saving it from default, experts tracking the development said.

Mah Satyam shareholders OKs merger with Tech Mah-news11062012

Mahindra Satyam yesterday (June 10, 2012) said its shareholders had approved the merger of the firm with its parent company Tech Mahindra.

Eros Intl puts US listing on hold-news11062012

India's leading movie and entertainment giant Eros International has put on hold its plans to get listed in the US stock market in the wake of tough market conditions. The group, currently listed in the UK and

Alstom T&D secures order from Power Grid-news07062012

Alstom T&D India yesterday (June 06, 2012) said it has bagged a Rs41 crore contract from Power Grid Corporation of India Ltd (PGCIL) for supply, erection of a substation.

KEC Intl receives orders worth Rs391 crore-news07062012

KEC International, the RPG Enterprises' engineering company, has won orders worth Rs391 crore for transmission and telecom infrastructure projects, the Mumbai-headquartered company said yesterday (June 06, 2012).

PM makes an effort to motivate Infra projects-news07062012

Construction companies shares rose after Prime Minister Manmohan Singh on June 06, 2012 laid out ambitious infrastructure development plans for the current fiscal year.

SBI sheds deposit rates by 25 bps-news07062012

The State Bank of India ( SBI) has cut retail deposit rates by 25-100 basis points, following the changed policy stance of the Reserve Bank of India.

IVRCL zooms on merger news-news07062012

Shares of IVRCL jumped nearly 6% to hit the weekly high of Rs44.25, on the buzz that the Andhra Pradesh High Court is likely to approve the merger of IVRCL with IVRCL Assets & Holdings.

RIL aims to outperform global peers; stk rallies 1%-news07062012

In the 38th AGM, Reliance Indusries Ltd ( RIL's) Chairman Mukesh Ambani says that the company will invest Rs1,00,000 crore in India and will outperform its global peers.

CBI seeks AG's opinion for KG-D6 fields-news07062012

The CBI has sought Attorney General's (AG) opinion on registering a case in the alleged artificial cost inflation by Reliance Industries Ltd ( RIL) for the development of eastern offshore KG-D6 fields.

MRPL gains as K'taka govt sanctions incentive package-news07062012

Mangalore Refinery and Petrochemicals (MRPL), rose over 4% touching the day's high of Rs54.90, after the company said the state government of Karnataka has sanctioned special incentive package for the company's phase III refinery expansion and upgradation project.

Rallis India gains on Rakesh Jhunjhunwala stake buy-news07062012

Rallis India surged over 7% and touched the monthly high of Rs133.60 on the BSE, after Rakesh Jhunjhunwala bought 952,000 shares of the company worth of around Rs12 crore.

Q4 FY12 Auto earnings review-news07062012

In Q4FY2012,automobile (auto) coverage saw its revenues grow by 20.2% YoY. The operating profit failed to keep pace with the top line in growth and remained largely flat while the bottom line grew 5.2%, at a much lower pace than the revenues.