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Posted on: June 10th, 2009 and is filed under Stock News.

Satyam faces claims worth Rs 10,000 cr

New Delhi: Euphoria over the Rs 181 crore net profit in October-December 2008 notwithstanding, Satyam is still not out of the woods as it faces legal and other claims that could put a burden of up to Rs 10,000 crore on it. These include claims worth about Rs 400 crore related to four over…

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Posted on: June 10th, 2009 and is filed under Stock News.

RIL allots 21,173 shares to employees under ESOS

Diversified business conglomerate Reliance Industries (RIL) today said it has allotted 21,173 equity shares to its employees under the Employees Stock Option Scheme (ESOS). The company has allotted 21,173 shares of Rs 10 each to its employees on June 1, RIL said in a filing to the Bom…

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Posted on: June 9th, 2009 and is filed under Stock News.

Free intraday tips, daily daytrading tips

To view free intraday, daytrading tips visit: http://nseguide.com/category/intraday-calls-tips/ . For BTST calls visit: http://nseguide.com/category/intraday-calls-t…

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Posted on: June 9th, 2009 and is filed under Stock News.

Most active stocks on the BSE

Tata Steel topped the value chart with a total turnover of Rs 634.78 crore. It was followed by Unitech (Rs 292.90 crore), Suzlon (290.38 crore), DLF (Rs 260.51 crore) and Reliance (Rs 249.42 crore). Uniech topped the volumes chart with trades of 33.97 million shares. It was followed by I…

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Posted on: June 9th, 2009 and is filed under Stock News.

PTC India to buy mines in Australia, Indonesia

New Delhi: State-owned Power Trading Corporation (PTC) on Monday said it would acquire coal properties overseas and has identified mines in Australia and Indonesia for the purpose. ‘‘We are looking for coal blocks abroad and have shortlisted mines in Australia and Indonesia where the…

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Posted on: June 9th, 2009 and is filed under Stock News.

Satyam net profit for Feb at Rs 52 crore

Tainted IT firm Satyam Computer Services (SATYAM.BO : 66.85 +6.05) reported a standalone net profit of Rs 52 crore for the month ended February 2009. The company had a net profit of Rs four crore in January this year, Satyam said in a regulatory filing to the stock exchanges. The total …

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Posted on: June 9th, 2009 and is filed under Stock News.

Satyam hits upper circuit, Tech Mahindra gains 17%

Satyam has hit the 10% upper limit after the company announced its earnings today. The stock is locked at Rs 66.85. The counter has seen trades of around 11.72 million shares so far on the BSE, with pening buy orders for nearly 1.50 million shares. According to a release issued by Satyam…

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Posted on: June 9th, 2009 and is filed under Stock News.

Infosys wins extended order from Telstra

The estimated base spend of the combined AD&M agreements is $450m over five years. IBM remains a strategic partner in this domain. Telstra announced a range of major vendor agreements as part of its IT transformation plans to increase efficiency and streamline IT operations. The IT…

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Posted on: June 9th, 2009 and is filed under Stock News.

Stocks in news: Pantaloon, Omaxe, Areva, Rel Comm, HUL

Results today: Birla Power, Nocil Omaxe board approves -QIP (qualified institutional placement) issue up to Rs 1800 crore -Increase FII investment limit up to 40% from 24% Pantaloon Retail board approves -Raising long term funds up to Rs 1000 crore -Merger of subsidiary Home Solutio…

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Posted on: June 8th, 2009 and is filed under Stock News.

Dish TV shares sink as promoters sell stake

At 11:57am (IST), Shares of Dish TV have plunged by over 11% to Rs47.7. Shares of Dish TV have plunged by over 11% to Rs47.7 after the promoter of the company offloaded ~65.88mn shares of the company on the BSE and the NSE at average price of Rs49 per share. The shares were transacted i…

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