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Feb 04, 2012
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| IIFL Q3 cons net profit up 62% QoQ |
| India Infoline News Service/19:07,Feb 04, 2012 |
| Income for the quarter at Rs4,804.4 mn, up 16.9% qoq (up 4.5% yoy)
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| Piramal Healthcare to acquire further 5.5% stake in Vodafone |
| India Infoline News Service/17:21,Feb 04, 2012 |
| The transaction follows the settlement between Vodafone and Essar over the sale of Essar’s approximately 33% stake in VIL. |
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| Sahara to dissociate with BCCI/IPL |
| India Infoline News Service/17:00,Feb 04, 2012 |
| SAHARA IS PUTTING Rs. 10bn IN WELFARE FOUNDATION |
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| Massive relief for P Chidambaram...2G court rejects Swamy's plea |
| India Infoline News Service/13:53,Feb 04, 2012 |
| Earlier on February 2, 2012 Supreme Court had referred the matter of whether Chidambaram's role should be investigated back to the trial court. |
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| Google's Shailesh Rao quits: reports |
| India Infoline News Service/11:28,Feb 04, 2012 |
| Reports stated that Shailesh Rao will join Twitter as vice-president for its international operations. |
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| Tata Teleservices Q3 revenue up 8% |
| India Infoline News Service/11:20,Feb 04, 2012 |
| The Company showed an 8 per cent growth in year-on-year revenues at Rs 634 crore for the quarter ended 31st December 2011, |
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| HEG Q3 net profit up 240mn |
| India Infoline News Service/10:44,Feb 04, 2012 |
| Net Sales in Q3FY2012 enhance by 35% at Rs418.0 crore as compared to Rs310.3 crore in Q3FY2011 |
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| Pidilite Industries Q3 net profit at Rs786.30 mn |
| India Infoline News Service/10:24,Feb 04, 2012 |
| Total Income has increased from Rs. 6704.80 mn for the quarter ended December 31, 2010 to Rs. 7872.30 mn for the quarter ended December 31, 2011. |
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| Revive growth and reduce fiscal deficit: CII Pre-budget memorandum |
| India Infoline News Service/10:22,Feb 04, 2012 |
| The Union Budget, 2012-13 is, therefore, a very important opportunity for the Government to provide the necessary fillip to growth, which has been lackluster for the last one year |
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| Kingfisher Airlines’ oneworld implementation put on hold |
| India Infoline News Service/10:19,Feb 04, 2012 |
| Its implementation into oneworld had been planned for Friday, 10 February. |
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| Jet Airways declared winner for “Customer & Brand Loyalty in Domestic Commerical Airline Sector” |
| India Infoline News Service/10:00,Feb 04, 2012 |
| The 5th Loyalty Awards are presented by AIMIA and conceived and managed by the Kamikaze B2B media. |
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Feb 03, 2012
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| US adds 243,000 jobs in Jan; Unemployment falls |
| India Infoline News Service/19:58,Feb 03, 2012 |
| The gain in jobs surpassed Wall Street forecasts. Economists had predicted addition of seasonally adjusted 121,000 jobs last month, with an unemployment rate of 8.5%. |
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| Top Corporate Results of the Day |
| India Infoline News Service/18:46,Feb 03, 2012 |
| Read below theTop Corporate Results of the Day |
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| Rupee at 3-month high...Up for 5th week in a row |
| India Infoline News Service/18:45,Feb 03, 2012 |
| At 3:54 pm (IST), the rupee was at 48.74 to the dollar after being as high as 48.6950 and as low as 49.1950. |
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| Nifty closes above 5300...Sensex tops 17,600 |
| IIFL Market Team/18:44,Feb 03, 2012 |
| The BSE Sensex ended at 17,605, up 173 points from the last close. It earlier touched a day's high of 17,630 and hit day's low of 17,382. The Nifty settled at 5,326, up 56 points. It hit a day’s high of 5,335 and day’s low of 5,255. |
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| India's services PMI hits six-month high |
| India Infoline News Service/18:43,Feb 03, 2012 |
| The new business sub-index surged to 58.2 in January from 55.7 in December. In addition, January's jump in new orders pushed expectations for the future to their highest level since June 2011. |
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| India's FY12 GDP growth seen at 7% to 7.5%: PM |
| India Infoline News Service/18:42,Feb 03, 2012 |
| The latest data show that the Indian economy grew at the rate of 8.4% in FY11, the Prime Minister said at the Conference of Chief Secretaries in New Delhi today. |
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| Foodgrains production in FY12 estimated at 250 MT: Govt |
| India Infoline News Service/18:41,Feb 03, 2012 |
| Total production of rice in the country is estimated at 102.75mn tonnes which is an all time record. Production of wheat estimated at 88.31mn tonnes is also a new record. |
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| TRAI invites suggestions on fresh allocation of 2G licences |
| India Infoline News Service/18:40,Feb 03, 2012 |
| On the issue of “Allocation of spectrum in 2G band in 22 Service Areas by auction”, stakeholders are requested to send their comments/suggestions by 15th February. |
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| Godrej Industries Q3 net profit at Rs847.30 mn |
| India Infoline News Service/18:39,Feb 03, 2012 |
| Total Income is Rs. 14875.30 mn for the quarter ended December 31, 2011 where as the same was at Rs. 10528.60 mn for the quarter ended December 31, 2010. |
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