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IOC to restrict auto fuel supplies to contain losses
Diesel imports already stopped; to go slow on new LPG connections
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IOC reports loss of Rs 414 cr in fourth quarter
New Delhi, May 28 After reporting profit for the last 10 quarters, Indian Oil Corporation (IOC), the largest oil company in the country with more than 55 per cent market share, reported a net loss of Rs 414.27 crore for the fourth quarter of ...
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Tata Motors plans 3 types of rights issue
Proposal includes shares with differential voting rights with separate listing
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High input costs impact Tata Motors full-year net
Contraction of vehicle financing likely to impact sales
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Tata Motors: Tough fourth quarter
The fourth quarter was a bad one for Tata Motors as net earnings fell 7 per cent. Calculations by Business Line using the published numbers for the first nine months and the whole year show that net profit declined to Rs 536 ...
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Sun Pharma-Taro merger deal off
Offer not adequate, says Israeli drug-maker
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Airbus maker may shift some manufacturing to India
CHANGING DYNAMICS
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Talks on compensation package for oil cos soon
No decision at Group of Ministers’ meeting
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Ranbaxy gets mixed verdict on Pfizer’s Lipitor in Australia
New Delhi, May 28 In a partial victory for Ranbaxy Laboratories in its patent litigation against Pfizer, an Australian court has ruled in favour of the Indian company in a case relating to Atorvastatin, the world’s largest selling ...
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RBI caps spreads on oil bonds at 25 bps
Making funds available to refineries, cutting bank depreciation losses
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DoT removes cap on number of bandwidth resellers
Move to make available cheaper bandwidth to ITeS, BPO sectors
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Costlier inputs, low tractor sales pull M&M Q4 net down
Bracing up for a ‘more challenging year’ ahead
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Chennai’s flourishing kiranas
Transformational strategies have helped the kiranas survive despite the growth of modern retail.
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TODAY'S PICK (Latest Audio: English/Tamil)
Monnet Ispat (Rs 580.95): Buy
We recommend a buy in Monnet Ispat from a short-term perspective. From the charts of the stock, we observe that it has been on a long-term up trend from its November 2006 low of Rs 143. Moreover, in the intermediate-term, the stock has been ...
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IMPACT
Cement stocks resurge on easing of export ban
Western region cement cos react positively
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Day Trading Guide
On Wednesday, the stock was choppy and formed a spinning-top candlestick pattern, indicating indecisiveness. Desist trading in this counter for the day. Infosys Initiate fresh long position, only if the stock ...
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Tata Steel jumps 4% as Corus hikes price
Reversing mill plate price to go up by £60/tonne
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IMPACT
M&M: Muted profits despite strong sales
Utility vehicles, engines beat slowdown
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Update steel cost index, urge builders
New Delhi, May 28 Lamenting that the mismatch between the wholesale price index (WPI) of steel and its actual prevailing market price had led to heavy financial losses for the construction agencies, the Builders’ Association of India ...
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