-Lanco Infratech Q4 net up 26% to Rs 113 cr -KIA evaluates Zain ahead of stake sale plans: Report -Bajaj May sales up 62% -Nirma Q4 net dips 57% to Rs 25 cr -Era Infra Engg net declines 42% -Michael Perschke is new Audi head -S Kumars net up 76% -Suzlon board approves right issue Era Financial withdraws plan to merge three units with - itself -Uninor launches services in 5 telecom circles -AI management meets unions' representatives post strike -R-Infra wins Rs 2,960 cr Delhi-Agra project from NHAI -ICICI Venture to raise Rs 1000 crore fund -Soiles Bhattacharya takes interim charge of SAIL -Apollo to launch Vredestein tyres in India -India Yamaha Motor sales up by 17% in May Ansal Properties board recommends dividend; withdraws - warrant issue plan Disallowing Chinese telecom vendors to Indian hit telcos: - ZTE -No tax payable on $11.1 bn Hutchison deal: Vodafone -CA Technologies eyes 50% growth from India operations SECL CMD, 2 others to be quizzed for 3 more days in - graft case -Tata Motors sales up 41% in May -Honda Siel Cars sales down marginally in May Nissan looks to rope in Ashok Leyland for global small - car -Aurobindo gets Canadian nod for anti-infective drug -Punj Llyod aims at playing it big in power sector GVK Power arm bags Rs 850 cr Rajasthan highway - contract -Bajaj Auto gets Chinese patent for ExhausTec technology -SAIL cuts prices by up to Rs 1,500/tonne -Reliance Cap, MCX, Spice in race for stake in OTCEI -M&M tractor sales rise 28% in May -Huawei to hire former Bush admin official as advisor -Wynn Telecom to invest Rs 500 cr in India -Toyota Kirloskar May sales jump 54% -Teracom bags Rs 28 cr order from BSNL -Canon India aims to become $1 bn firm by 2015 -GM India's May sales zooms 61% MIDC plans JV with GAIL for distributing gas to ind - consumers -Apollo Tyres aims to become $2 bn entity, enters Europe -Hero Honda sales jump 14% in May to 3.7 lakh units -Marathon FY10 net vaults 251% to Rs 147 cr -Hyundai's domestic sales up 16% in May -No one can snatch Chiria from us: SAIL -Hero Honda raises bike prices by up to Rs 1,000 -'Nano' to roll out of new home in Gujarat -TVS Motor May vehicle sales rise 30% -Maruti Suzuki May sales crosses one-lakh mark
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UPL buys fungicide biz from DuPont
-Dewan Housing raises Rs 375 cr -DCB shareholders approve QIB plans Thankfully, we did not look at buying BoR: HDFC - Chairman -Volkswagen to introduce New Vento in autumn this year -Canara HSBC Life Insurance plans expansion -HMSI to invest Rs 530 cr on expansion Global semiconductor revenue to touch $290 bn in 2010: - Gartner -Bafna Pharma bags UK nod for Paracetamol, Loperamide -SKS IPO to raise up to Rs 1,200 cr -Sequent to invest Rs 150 cr for expanding biz -BHEL, L&T line up to bag Jindal Power contracts -BEML signs MoU with K'taka to establish another unit FSA imposes record 33.32 mn pound fine on JP Morgan - Sec -Aurobindo bags US FDA nod for respiratory drug JM Fin, RMB sign deal to provide M&A advisory - services Aegon Religare sets target of Rs 500 cr premium for this - year -Indian Bank to raise Rs 1,000 cr Tier 2 capital in 2010-11 Citi names Rajiv Nayar as head of capital markets - origination -IBM signs 10-yr deal with ElectraCard Services -SKIL Infra to launch open offer for Pipavav on June -Taurus MF launches Nifty index fund Surya Group of companies signs four MoUs with - Karnataka Economy & Policy - India pushes for expansion of permanent seats in UNSC - Former CEO sues Deccan Chargers India, US officials discuss agriculture, trade, climate - change - Bangladesh's exports to India to touch $1 bn by 2011 'Indo-US strategic dialogue could put more pressure on - China' - India's name dropped from controversial Israeli statement - Socio-economic & forest survey work on in Posco site Malaysia offers good incentives for Indian biotech - companies - Pulses, milk push food inflation to 16.55% - India violating treaty on sharing of river waters: Pak - Rupee gains 30 paise against dollar - Inflation to remain high at 7.5% in FY11: Goldman Trinamool-Congress tie-up for assembly polls on the - cards? Karnataka hopes signing MoUs worth Rs 3.5 lakh cr at - GIM Govt mulling forming independent safety board on lines - of NTSB - South Korea to help India cut power T&D losses - India rebuffs rich nations' demand for further market opening - China welcomes Indo-US strategic dialogue - Mining grows by 14.4% in March - World Bank clears $407 mn loan for two projects Pan-India BWA bid at Rs 8,980 cr, govt revenue at Rs - 26,940 cr 'Phet' Oman-bound; may hit Pakistan, Gujarat by - weekend - Now doctors can read your ECG reports on their mobile - DoT starts examining Trai's 2G spectrum proposals - World exports up 27% growth in Q1: WTO - Mittal signs MoU for K'taka plant, may give priority I-T Dept told to make arrangements to tackle last-minute - rush - Soren to attempt cobble up majority; BJP favours polls Obama to highlight opportunities for Indo-US - cooperation - Food inflation rises to 16.55% Pak hasn't conceded anything to India on water sharing: - Pak body - Rs 3.50 hike in petrol, diesel prices on the cards - ovt gives ON OIL freedom to price natural gas Banking & Finance - BoR unions to strike work tomorrow - State Bank of Hyderabad to recruit 2,600 this year - Not looking at takeovers for now: HDFC Bank HDFC Bank to double in size every four years, says - Parekh Markets & Investing - Chana futures edges up on firm spot demand - Lead recovers marginally in futures trade - Zinc futures slightly up by 0.75% - Copper futures recover on global trend, spot demand - Nickel recovers 0.90% in futures trade - Steel prices remain flat on thin trade - Mentha oil turns weak on profit taking - Potato remains weak on increased supply - Cardamom remains hits 4% upper circuit - FIIs net buyers of Rs 406 cr in cash mkt today - Asian markets have a firm opening - FIIs net buyers of Rs 1233.2cr on Wednesday - Indian ADRs end in green - FII-TO-FII TRADES: PNB traded at 3% premium - Markets firm in late-noon trades - Sensex trades strong above 17K - Gold succumbs to profit-booking, weak global cues - Cement prices to fall by up to 3% in FY11: Crisil - Pulses acreage to rise by 8% in 2010-11: experts - Soyabean, palmolein oil down on sluggish demand - Base metals recover on global cues - Turmeric declines on profit booking - Pepper, turmeric down on subdued demand - Wheat dara strengthens on sustained buying - Sugar prices remain flat on thin trade - Tech view: Make or break day for markets - Bulls follow global cues - Sensex ends up 276pts - Bulls unfazed by spike in food inflation - Sensex touches 17K - Markets surge in opening trades - Gold falls further on reduced offtake - Mixed trend in copra prices - Polymers remain steady on thin trade - Menthol down on sluggish demand - Copra rises on pick up in demand - Natural rubber output grows by 2% in May - Moderate rise in nickel and copper prices - Wheat procurement down 6% at 22 mn tn so far Tech World - Nokia launches bike-powered handset
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Hindalco FY10 profit at Rs 3,925 cr
-BHEL's industry sector business clocks 40% growth in 2009-10 -Lupin receives FDA approval for Lamotrigine tablets -Mahindra's Logan sales sluggish in May -Google will hand over intercepted data to govts: report -Nobody will resign over failed AIA bid: Prudential -HeidelbergCement to increase production at Raigad unit -Jaiprakash to invest Rs 10k cr on capacity addition -SBI may go in for overseas bond sale next qtr -Essar Oil to raise $300 mn through FCCB issue -Industrial adhesives price to go up by 20%: Henkel -25% public float norm can raise Rs 2 lakh cr: Crisil -Ranbaxy recalls anti-nerve pain drug from UK -Lanco Infratech bags Rs 92 cr order from AAI -Grasim Industries suspends production at MP plant Oman oil produce suffers as Phet hits coast, cyclone - weakens -Toyota eyes setting up R&D centre, engine plant in India -Aqua Logistics completes buyout of 3 Hong Kong cos -Firms to sell shares worth Rs 60,000 cr this yr -Y % public float: Bonanza for investors -Booz, AT Kearney in talks to merge: report -IFC eyes 20% stake in Swadhaar FinServe -Ceat buys remaining stake in Sri Lankan investment arm Royal Dutch Shell imports 2nd LNG cargo at - $5.2/mmBtu -General Motors may launch electric vehicle in India -Welspun Corp bags Rs 700 cr orders for pipes -Ashok Leyland sales jump over three fold in May Economy & Policy - Another mishap averted at Mumbai airport Miners to be asked to give 26% profit to local area: - Handique PEC invites bids for sale of 900 tonnes of imported - pulses NCDEX to fine brokers for delayed reporting of - complaints - G20 faces balancing act to safeguard recovery - Bank deposit rates set to rise: Moody's - Pawar backs BCCI decision to snub Asian Games - CEPA to come up during Rajapaksa's visit to India - Pak, India have to return to sustained engagement - US jobless rate dips to 9.7% on massive census hiring - India presses US to grant access to Headley - K'taka poised to become leading food processing hub - Court seeks fresh report on Satyam Raju's health - Modi defends Pawar family in IPL bid controversy - Obama-Singh Initiative to be used for developing faculty India, US vow to remain 'sensitive' to each other's - interests - Deshpande denies Pawar link to failed IPL bid Lanka seeks partnerships with India in - infrastructure,services - India is a rising and responsible global power: Obama - Indian food exports grow by 12% on annual basis - aangarajan pegs economic growth at around 8. % - Pawar hints at 20-25% duty on white sugar imports - Govt announces new shareholding norms India, SAfrica ink three pacts, discuss ways to improve - ties - Rupee weakens by 4 paise against dollar in opening trade - Give maximum emphasis on development: MPs tell Govt - Pawar denies family's involvement in IPL bid - Kasab moves HC challenging death sentence - Naoto Kan becomes Japan's new prime minister - Ambika, Kidwai renominated by Cong for RS polls Banking & Finance - RBI nod to SBI, State Bank of Indore merger BSE resolves 281 complaints against 194 companies in - May Markets & Investing - Crude oil futures up on better global trend - Potato futures marginally up on spot demand - Chana turns weak on profit taking - Barley futures gain on fresh buying - Wheat dara remains up on good demand - Select commodities remain weak on sluggish demand - Copper futures marginally down 0.10% on overseas cues - Lead futures fall 1.17% on weak spot demand - Steel prices remain quiet in thin trade - FIIs net buy Rs 101 cr, DIIs net sell Rs 127 cr - Asian markets open flat - Markets build on gains - Polymers remain flat on thin trade - Pepper marginally up on short covering - Cardamom futures hits 4% upper circuit - Zinc down on sluggish spot demand - Nickel futures down 2.18% on weak spot demand - Sugar prices remain steady in thin trade - Gur remains flat on restricted buying Govt may lift stock limit on bulk buyers of sugar next - month Turmeric remains weak on subdued demand, adequate - stocks - Select edible oils recover on fresh buying - FIIs net buyers of Rs 2150 cr on Thursday - Markets: Momentum continues - Markets see a steady upmove - A range bound market - Markets: Subdued session - Markets: Quiet consolidation - Markets have a quiet start - Gold falls for third day on weak global cues, loses Rs 220 - Silver futures trade lower on weak global trend - Gold extend losses in futures trade on global cues - Kashmir saffron may soon find market in Tirupati - Menthol turns higher on buying support - Jeera futures up on tight supply - Mentha oil futures up on firm spot demand - Copra edible moves down on lower demand - Base metals dip on bearish global cues - Guarseed futures gains on aggressive buying - Mustardseed futures up on poor supplies - Copper strengthens on firm global cues