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Tata Steel slips on CLSA downgrade

India Infoline News Service | Mumbai | May 25, 2015 12:50 IST

CLSA has cut its outlook on the company to 'Sell' from 'Buy'. The investment firm has also reduced its price target to Rs. 290.

Sensex, Nifty remain in red

India Infoline News Service | Mumbai | May 25, 2015 12:29 IST

Breadth is neutral in the early noon deals. The CNX Midcap index has added 0.5 percent at 13,150, while the CNX Smallcap index is marginally in red at 5,535.

Kalyani Steel feels hard to sustain 14-15% margins: RK Goyal

India Infoline News Service | Mumbai | May 25, 2015 12:24 IST

Goyal pointed out that it is difficult to state where the company would settle because of ongoing price negotiation and lot of dumping from China which the customer has started utilising the material.

Bangalore Real Estate: Is Your Dream Home actually A Lake Encroachment?

India Infoline News Service | Mumbai | May 25, 2015 12:16 IST

Who isnt fascinated by the idea of owning a home by a lake a chance to live life amid greenery and nature even within the concrete jungles that cities like Bangalore are turning?

Karnataka Bank targets net NPA of less than 1%: P Jayarama Bhat

India Infoline News Service | Mumbai | May 25, 2015 12:05 IST

The Bank has posted a net profit of Rs. 4514.50 mn for the year as compared to Rs. 3110.30 mn for the year ended March 31, 2014.

Canara Bank gains ahead of earnings

India Infoline News Service | Mumbai | May 25, 2015 12:01 IST

The company is scheduled to announce its results today.The stock is now trading at the highest level of the day - with a jump of over 1.5 percent on the BSE.

FM expects 14-15% growth in Direct Tax collections

India Infoline News Service | Mumbai | May 25, 2015 11:54 IST

The tax base needs to be Increased, Jaitley added.

Jubilant FoodWorks: Dunkin' Donuts launches first restaurant in Chennai

India Infoline News Service | Mumbai | May 25, 2015 11:49 IST

With a presence across 20 cities in India, Dunkin Donuts launched its first restaurant in Chennai at the Phoenix Market City, Velachery Road, one of the landmark retail locations in the city. The new restaurant marks the launch of the 57th Dunkin Donuts restaurant in India.

IPCA Lab gains on removal of RBI ban

India Infoline News Service | Mumbai | May 25, 2015 11:44 IST

Reserve Bank of India has withdrawn restrictions placed on the purchase of shares of IPCA Laboratories as the FIIs investment limit in the company has gone below the revised threshold caution limit.

Infinite Computer extends losses post Q4 nos

India Infoline News Service | Mumbai | May 25, 2015 11:41 IST

The company had reported a decent 29.8 percent jump in Q4FY15 net at Rs. 7.50 crore when compared with Rs. 5.78 crore in Q4FY14.

GPT Infraprojects bags orders worth Rs. 109.50 Crores

India Infoline News Service | Mumbai | May 25, 2015 11:38 IST

The stock was higher by 5% at Rs. 128.

BHEL adds 736 MW Hydro Electric Capacity in 2014-15

India Infoline News Service | Mumbai | May 25, 2015 11:20 IST

Bharat Heavy Electricals Limited (BHEL) has brought a turnaround in the hydro power sector by commissioning 6 hydro sets aggregating to 736 MW, accounting for 100 per cent of the hydro power capacity addition in the country during fiscal 2014-15.

Cosmo Films hits upper limit as Q4 net more-than-doubles

India Infoline News Service | Mumbai | May 25, 2015 11:18 IST

The stock hit the 20 percent upper circuit at Rs. 111, and is now up over 17 percent.

Share buyback plan! Seamec stock rallies 8%

India Infoline News Service | Mumbai | May 25, 2015 11:13 IST

The Board of Directors of the Company will be held on May 27, 2015 to consider and approve the audited financial results of the Company for the Quarter ended on March 31, 2015.

Rolta India slips after poor earnings

India Infoline News Service | Mumbai | May 25, 2015 11:07 IST

The company reported 74 percent drop in consolidated Q3 net profit to Rs. 36.01 crore as compared to Rs. 138.82 crore on year-on-year basis.

BPCL surges after signing pact with SBI

India Infoline News Service | Mumbai | May 25, 2015 10:39 IST

BPCL on Friday after market hours announced that it has entered into a term loan agreement with SBI to set-up a rupee loan facility.

Chennai Petroleum stock spurts 12%

India Infoline News Service | Mumbai | May 25, 2015 10:36 IST

Chennai Petroleum Corporation Ltd has announced that the Board of Directors of the Company at its meeting held on May 23, 2015, has approved to increase the Authorised Share Capital of the Company from Rs.400 crore (40,00,00,000 equity shares of Rs.10/- each) to Rs.1400 crore.

ONGC up on hopes of subsidy relief

India Infoline News Service | Mumbai | May 25, 2015 10:29 IST

ONGC is trading on a positive note on hopes of getting subsidy relief after the government announced that oil explorers - ONGC and Oil India may be spared the from payment of fuel subsidy in case global oil prices average up to $ 60 a barrel, but will have to pay a graded rate beyond this threshold.

Sensex, Nifty remain lackluster

India Infoline News Service | Mumbai | May 25, 2015 10:28 IST

The broader market are slightly out-performing the BSE benchmark index, the Midcap and the Smallcap indices are marginally up at 10,632 and 11,225, respectively.

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Recent Reports

Lower product prices put pressure on earnings

India Infoline Research Team / 14:59, May 20, 2015

GPIL reported 13.5% yoy decline in operating profit as the impact of higher volumes was offset by lower product prices

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