A comprehensive shake-up of the government that had the imprimatur of Prime Minister Manmohan Singh and Congress Party President Sonia Gandhi was effected today, with the induction of 22 new ministers and changes in the portfolios of several others. The Rahul Gandhi touch was missing in t…

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Marketed as a retail venture, Q Shop has been endorsed by top cricketers like Dhoni and Tendulkar to promote Q-shop as a fight against adulteration In a strong and well meaning move, the securities and exchange board of India (Sebi) today told investors in optionally fully convertible d…

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Markets likely to open flat, Support for nifty is at 5630 and resistance at 5750. Buy Jubilant Foodworks around 1255, SL 1238, Target: 1280 – (Book profit in jubfood at 1272-1273) (trade in small quantity) Currently travelling, so wont be able to reply to queries till 6-7pm …

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Utility vehicle and tractor segment market leader Mahindra & Mahindra today posted an estimate-beating net profit rise of 22 per cent in the second quarter, driven by surging demand for diesel-driven SUVs. The Mumbai-based company posted a net profit of Rs 902 crore during the quarte…

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Markets likely to open flat, Support for nifty is at 5630 and resistance at 5750. Buy Ceat around 121, Target: 126, SL 117 – (Book profit in Ceat at 123-123.50) …

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While the airline owed HPCL Rs 341 cr as of Sept, the bank guarantee was worth Rs 434 cr Kingfisher Airlines’ tryst with bad news continues. Hindustan Petroleum Corporation Ltd (HPCL), to which Kingfisher Airlines owed crores in jet fuel dues, has encashed the bank guarantee provided …

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Markets likely to open flat. Support for nifty is at 5630 and resistance at 5750. Buy JP Power on dips Trade in small quantity …

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Mortgage firm HDFC today reported 19% increase in net profit at Rs 1,151.12 crore for the second quarter ended September 30. Housing Development Finance Corporation (HDFC) had posted net profit of Rs 970.70 crore for the July-September quarter of the previous fiscal. The company’s…

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27th March – Wednesday – Holi 29th March – Friday – Good Friday 19th April – Friday – Ram Navmi 24th April – Wednesday – Mahavir Jayanthi 1th May – Wednesday – May Day 9th August – Friday – Ramzan ID 15th Aug…

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ING Vysya Bank has rallied 6% to Rs 472, its historical high, on reporting 30% year-on-year jump in net profit at Rs 150 crore in the second quarter of current financial year on the back of sound growth in core income. Net interest income (NII) rose 22% to Rs 369 crore, against Rs 304 cr…

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