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ICVL actively looking around for acquisition: Steel Secy
Fri, 25 Apr 2014
ICVL actively looking around for acquisition: Steel Secy Formed in 2009, ICVL, a consortium of state-run firms for acquiring coal mines abroad, had set a target to own 500 MT of coking coal reserves by 2019-20. Its members are SAIL, NTPC, CIL, RINL and NMDC.



GE Energy to invest USD 24 mn in Welspun's solar power proj
Fri, 25 Apr 2014
GE Energy to invest USD 24 mn in Welspun's solar power proj "The combination of our renewable project development expertise and GE's financial strength and risk management will help achieve the ambitious goals set by the government to expand the use of renewable energy in India," Vineet Mittal, Vice Chairman, Welspun Renewables Energy said.



Not facing any significant IPR challenges in India: Abbott
Fri, 25 Apr 2014
Not facing any significant IPR challenges in India: Abbott In 2010, Abbott acquired both the pharmaceutical business of Solvay, which had a presence in India, and Piramal Healthcare Solutions, which was part of Piramal Group.



Strides Arcolab gets USFDA approval for Bangalore facility
Fri, 25 Apr 2014
Strides Arcolab gets USFDA approval for Bangalore facility The last USFDA inspection and approval for this facility was in the year 2011, it added.



Nokia to name Rajeev Suri as next CEO on Tuesday: Report
Fri, 25 Apr 2014
Nokia to name Rajeev Suri as next CEO on Tuesday: Report Citing unnamed sources, daily Helsingin Sanomat said Nokia would also on Tuesday, along with its first-quarter results, announce how much cash it would pay out to shareholders.



May invest upto Rs 150 cr in Shasun: SeQuent Scientific
Fri, 25 Apr 2014
Manish Gupta Shasun has decided to issue 35 lakh equity shares of R110 each and another 71 lakh convertible warrants of R110 each to SeQuent Scientific.



NTT Docomo to sell 26.5% stake in Tata Tele; Voda may buy
Fri, 25 Apr 2014
NTT Docomo to sell 26.5% stake in Tata Tele; Voda may buy Japan's top operator of mobile phone services plans to exercise stake sale right before June. NTT Docomo has the option to sell the entire stake to the Tatas for Rs 7,250 crore or the fair market price.



Doha win makes us a leading metro systems contractor: LT
Fri, 25 Apr 2014
SN Subrahmanyan SN Subrahmanyan, Whole-time Director Senior Executive Vice President (Construction), LT, says the company won‚??t be executing the order on its own ‚?? a consortium including LT will execute the job.


Feed Source: Moneycontrol.com
Market Feeds

Don't be stuck in illiquid stks; book profits: Emkay
Fri, 25 Apr 2014
Dhananjay Sinha Dhananjay Sinha, Head - Institutional Research, Emkay Global Financial Services says high beta names are seeing a very good rally and one should book profits in them soon.



PSU banks to lag private peers in Q4 earnings: IDFC
Fri, 25 Apr 2014
Manish Chowdhary Within the PSU banking space, from an earnings perspective, Manish Chowdhary, director - equity research, banking and financial sector, IDFC Securities feels Bank of India can show a reasonably healthy earnings growth. He estimates 19 percent earnings growth this quarter for Bank of India.



Won't add to positions in cyclical stocks now: HDFC Sec
Fri, 25 Apr 2014
Dipen Sheth HDFC Securities has increased weightage in private sector lenders Axis Bank and ICICI Bank. On the flipside, it has reduced weight in FMCG players ITC and Dabur



See cyclical recovery irrespective of poll result: Expert
Fri, 25 Apr 2014
Taher Badshah Taher Badshah, co-head equities, Motilal Oswal believes the Nifty faces a near-term valuation challenge.



No volume come back yet in cement sector: Kotak
Fri, 25 Apr 2014
Murtuza Arsiwalla UltraTech got a thumbs up from most analysts, but Murtuza Arsiwalla, cement analyst, Kotak Institutional Equities believes realizations should have been better and though volume growth is positive, it came off a favourable base.



Nifty to see 300-500 pts move by May-end: Investworks
Fri, 25 Apr 2014
Amit Trivedi In an interview to CNBC-TV18, recommended market participants to buy Call and Put straddles of 6800.



Why India stocks may keep outperforming China
Thu, 24 Apr 2014
Why India stocks may keep outperforming China "Indian companies have done a great job in terms of returns, which has overshadowed the strong growth that has come through from China," Conrad Saldanha, manager of an emerging market equity fund at Neuberger Berman said.



Nomura pegs 75% chance of a BJP led NDA; may up stocks
Wed, 23 Apr 2014
Nomura pegs 75% chance of a BJP led NDA; may up stocks Nomura is pegging in a 75 percent probability of a BJP led NDA getting a strong mandate and forming the next government.


Feed Source: Moneycontrol.com
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