ibnibn

Buzzing Stocks

3i Infotech surges 20%, JPMorgan raises stake in company JP Morgan Chase upped its stake in the company by 3.80 percent to 9.52 percent from 5.72 percent on December 23. But the same firm had sold stake in 3i Infotech by 2.77 percent to 5.72 percent from 8.49 percent in the previous session.
Fri, 26 Dec 2014 15:41:32 +0530
DB Realty up 14%, Mumbai proj gets occupation certificate "The project DB Woods in Goregaon (East) by subsidiary company of DB Realty has received full occupation certificate," said the company in its filing to the exchange.
Fri, 26 Dec 2014 15:41:12 +0530
Zensar Tech up 10%, bags multi-million dollar deals in US "We are delighted with the traction in the IM managed services business and are also getting wins in new areas like end user experience management," said Ganesh Natarajan, vice chairman and CEO of the company.
Fri, 26 Dec 2014 12:50:10 +0530
Top buzzing midcap stocks to trade on December 26 Here are few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have Kalpataru Power, MTNL, Zensar Technologies, State Bank of India (SBI), Punjab National Bank (PNB), SpiceJet, Future Retail DVR, Future Consumer, JK Paper and Alphageo India.
Fri, 26 Dec 2014 12:36:42 +0530
PNB up 2%, bank seeks shareholders' nod to raise capital The board of directors of the bank approved the holding of extraordinary meeting on February 13 for seeking shareholder approval for raising of equity capital by way of FPO/QIP/ESPS or in any combination thereof.
Fri, 26 Dec 2014 12:08:44 +0530
Essar Oil gains 4%, co to buy 74% stake in Vadinar Power Essar Group firm on Wednesday said it will convert over USD 1 billion worth of rupee loan into dollar debt by March to reduce its cost of borrowings and will acquire group firm, Vadinar Power Company, for Rs 2,100 crore.
Fri, 26 Dec 2014 11:28:27 +0530
SpiceJet up 10% ahead of revival plan submission to govt "Beleaguered budget carrier SpiceJet would submit a revival plan to the government today on the basis of a proposed investment of USD 200 million from founding promoter Ajay Singh and US-based JP Morgan Chase," reports media quoting unnamed official sources.
Fri, 26 Dec 2014 10:42:48 +0530
Va Tech up 5% on Philippines sewage treatment plant order The contract value of the order is about Rs 175 crore and the project is funded by World Bank. "Wabag will design and build the 60 MLD Valenzuela sewage treatment plant for Maynilad Water Services Inc. using the activated sludge process," said the company in its filing to exchange.
Fri, 26 Dec 2014 10:00:35 +0530
Reliance MF buys 10.3 lakh shares of Intellect Design Arena Reliance Mutual Fund (Reliance Regular Saving FD-Balanced Option) on Wednesday purchased 10,25,956 equity shares at Rs 80.12 apiece through a bulk deal on the Bombay Stock Exchange.
Thu, 25 Dec 2014 09:17:23 +0530
ABG Capital buys Hathway Cable, Page, Shriram City shares ABG Capital on Wednesday bought huge shares of Astral Poly Technik, Cera Sanitaryware, Hathway Cable, Page Industries, Shriram City Union Finance and V-Guard Industries through bulk deals on the National Stock Exchange.
Thu, 25 Dec 2014 09:09:33 +0530
Torrent Pharma up 6.5%, CLSA reinitiates coverage with buy The brokerage feels earnings momentum for Torrent is set to accelerate over the next two years led by an improving product mix and scale benefits in key markets of India and Brazil. Strong positioning in these markets which have high growth visibility and robust core earnings growth of 25 percent will support current valuations, says the report.
Wed, 24 Dec 2014 15:07:50 +0530
Novartis India shares gain 5% as CCI clears deal with GSK Shares of Novartis India gained over 5 percent today after fair trade regulator CCI approved a multi-billion dollar deal between global pharma giants GlaxoSmithKline Plc and Novartis.
Wed, 24 Dec 2014 14:37:14 +0530
Max India, Rel Cap up 4-5% as Cabinet approves ordinance Government today approved promulgation of an Ordinance to hike Foreign Direct Investment (FDI) cap in the insurance sector to 49 percent from 26 percent, as the legislation could not be passed in the Parliament session that ended on Tuesday.
Wed, 24 Dec 2014 13:24:11 +0530
Bharati Shipyard up 15%, Edelweiss may infuse funds into co "Edelweiss Asset Reconstruction Company is looking to raise up to USD 100 million (Rs 634 crore) for Bharati Shipyard from foreign investors by April in an effort to infuse liquidity into the cash-strapped shipbuilder," a media report said quoting managing director Vijay Kumar.
Wed, 24 Dec 2014 12:52:57 +0530
UltraTech, JP Associates rise 5-6% on acquisition Kotak maintains a sell rating on UltraTech with a revised target of Rs 2300 per share. It states that the enterprise value of Rs 5400 crore appears to be steep when seen in the context of recent transactions, including Rs 3800 crore (USD 123/ton) paid by UltraTech to acquire the cement assets of Jaiprakash in Gujarat.
Wed, 24 Dec 2014 12:45:34 +0530
ibnibn
live newslive news
live newslive news
ibnliveibnlive

Politics

Akhter said his party's stand on safeguarding Article 370, which guarantees special status to Jammu and Kashmir within the Indian union, was non-negotiable.
BJP leader Ram Madhav said, "We have got crucial mandate in J&K. We will have a role in government formation."
The disqualified MLAs were Ajit Kumar, Raju Singh, Poonam Devi Yadav and Suresh Chanchal.
ibnliveibnlive
ibnliveibnlive

India

Rajanth Singh said, "We have repeatedly asked Pakistan to hand over Dawood Ibrahim. Let's be patient; action will be taken soon."
The campaign also aims to sensitise Hindu families against their girls falling in love or getting married to Muslim or Christian boys.
Five persons died after being run over by Ajmer-Sealdah Express train in Bihar's Sasaram district on Saturday.
ibnliveibnlive
ibnliveibnlive

Tech

A new feature in Twitter's iPhone app can find how many people are reading your tweets, retweeting or clicking on a link you posted.
Called the Empowered Brain Suite for Autism, the app encourages kids to interact with their parents and make eye contact by presenting exercises like a game.
Amazon considers its $99-a-year Prime membership, which confers free two-day shipping and streaming of select movies and songs, essential to driving its growth and margins.
ibnliveibnlive