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India Equity Research Reports, IPO and Stock News
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News headlines: Corporate
Oil and Natural Gas Corp. (ONGC) has reported two oil and gas
discoveries in the state of Gujarat. (BS)
Thermax has secured an order worth Rs3.7bn for setting up a
120-MW captive power plant. (BS)
Areva T&D India has secured an order worth Rs1.2bn from L&T
Power for an upcoming super thermal power plant in
Chhattisgarh. (BS)
News headlines: Economic and political
The draft report of the Public Accounts Committee has indicted
former telecom minister A. Raja and has blamed the Prime Minister
for failing to prevent irregularities in allocation of 2G licences.
(Mint)
Enforcement Directorate has said that property worth Rs20bn
each will be attached against two companies which are involved in
the 2G spectrum scam. (BS)
S&P has cut its outlook on Japan's sovereign rating to negative
from stable. (BS)
The government plans to introduce the Port Regulatory Authority
Bill in the next session of Parliament to regulate all ports in the
country. (ET)
News headlines: Corporate
Wipro has reported 4QFY11 consolidated net profit of Rs13.8bn,
up 14% YoY. (ET)
According to media reports, Jyothy Laboratories is in talks to
buy Henkel AG's 51% stake in its Indian subsidiary Henkel India
for $203mn. (BS)
Mahindra & Mahindra has launched a new passenger carrier
‘Maxximo Mini Van’ priced at Rs0.3mn. (BS)
Tata Power plans to invest Rs13bn in FY12 to add 185MW
generation capacity from wind and solar energy. (BS)
Dabur reported 4QFY11 net profit of Rs1.5bn, up 10% YoY. (ET)
Patni Computer Systems reported 1QCY11 profit of Rs1.6bn, up
3.3% YoY (BS)
Exide Industries has reported 4QFY11 net profit of Rs1.6bn, up
22% YoY. (ET)
Auto component maker Bosch Ltd reported 1QCY11 net profit of
Rs2.7bn, up 35% YoY (FE).
Cox & Kings’ board has approved a proposal to raise up to Rs
15bn through issue of fresh shares or other instruments. (BS)
Religare Enterprises plans to raise up to Rs8bn through issuance
of equity shares on rights basis. (BS)
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
News headlines: Corporate
Oil and Natural Gas Corp. (ONGC) has reported two oil and gas
discoveries in the state of Gujarat. (BS)
Thermax has secured an order worth Rs3.7bn for setting up a
120-MW captive power plant. (BS)
Areva T&D India has secured an order worth Rs1.2bn from L&T
Power for an upcoming super thermal power plant in
Chhattisgarh. (BS)
News headlines: Economic and political
The draft report of the Public Accounts Committee has indicted
former telecom minister A. Raja and has blamed the Prime Minister
for failing to prevent irregularities in allocation of 2G licences.
(Mint)
Enforcement Directorate has said that property worth Rs20bn
each will be attached against two companies which are involved in
the 2G spectrum scam. (BS)
S&P has cut its outlook on Japan's sovereign rating to negative
from stable. (BS)
The government plans to introduce the Port Regulatory Authority
Bill in the next session of Parliament to regulate all ports in the
country. (ET)
News headlines: Corporate
Wipro has reported 4QFY11 consolidated net profit of Rs13.8bn,
up 14% YoY. (ET)
According to media reports, Jyothy Laboratories is in talks to
buy Henkel AG's 51% stake in its Indian subsidiary Henkel India
for $203mn. (BS)
Mahindra & Mahindra has launched a new passenger carrier
‘Maxximo Mini Van’ priced at Rs0.3mn. (BS)
Tata Power plans to invest Rs13bn in FY12 to add 185MW
generation capacity from wind and solar energy. (BS)
Dabur reported 4QFY11 net profit of Rs1.5bn, up 10% YoY. (ET)
Patni Computer Systems reported 1QCY11 profit of Rs1.6bn, up
3.3% YoY (BS)
Exide Industries has reported 4QFY11 net profit of Rs1.6bn, up
22% YoY. (ET)
Auto component maker Bosch Ltd reported 1QCY11 net profit of
Rs2.7bn, up 35% YoY (FE).
Cox & Kings’ board has approved a proposal to raise up to Rs
15bn through issue of fresh shares or other instruments. (BS)
Religare Enterprises plans to raise up to Rs8bn through issuance
of equity shares on rights basis. (BS)
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