Indo Asian News Service, On Wednesday 26 January 2011, 1:12 AM Bangalore, Jan 25 (IANS) Tata Coffee Ltd Tuesday reported a net profit of Rs.25 crore for the third quarter (Oct-Dec) of the 2010-11 fiscal as against Rs.14 crore in the previous 2009-10 fiscal, registering a whopping 79 perc…

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Aarti Industries has made a triple bottom formation at 54-55 levels and is currently trading at 57. One can enter at current market price of 57 for a target of 63. Stoploss near 53 …

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Sluggish market, inflation take toll; BofA-ML survey finds optimism on global growth. The slowing reforms, lack of enough government spending and high inflation have hit investment sentiment in the country. Foreign institutional investors (FIIs) have increased their underweight (bearish…

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Tata Steel today said it has raised Rs 507.82 crore through allotment of about 83 lakh shares to a clutch of anchor investors at the upper end of price band of its public offer, which is open for subscription. “Committee of the board of directors of the company by a resolution date…

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A day ahead of its follow-on public offer, Tata Steel today said it will double its investments on European operations to 400-425 million pounds (Rs 2,900-3,000 crore) annually in the next couple of years to increase productivity. “Our focus in Europe is on restructuring… We …

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JSW Steel today said it plans to infuse Rs 3,800 crore in Ispat industries in the next 2-3 years. The country’s third largest steel maker JSW Steel had acquired nearly 45 per cent stake in debt-ridden Ispat Industries for Rs 2,157 crore in December last year. When asked about the …

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MUMBAI: The Rs 4,279-crore that the foreign institutional investors (FIIs) have taken out from the stock market in the last ten sessions, is sending jitters down the spine of local investors, who now fear the pace of outflow could pick up further. Institutional dealers said the nearly $1…

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Sebi consent order comes with tough riders. The Securities & Exchange Board of India (Sebi) has barred Anil Ambani and four other directors of Reliance Infrastructure (R-Infra) and Reliance Natural Resources (RNRL) from investing in listed securities until December this year. This i…

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World markets rise ahead of Europe debt sales after overnight gains on Wall Street Pamela Sampson, AP Business Writer, On Wednesday January 12, 2011, 3:51 am EST BANGKOK (AP) — World stock markets climbed Wednesday, pushed higher by an overnight rise on Wall Street following a pl…

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Engineering company Greaves Cotton today said it has won a 10-year contract from Tata Motors to supply small diesel engines for its new half-tonne truck — Ace Zip — which is expected to be launched in the first quarter of this fiscal. “Greaves has developed a 600cc engi…

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