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India-Maldives to Increase Commercial Ties: Krishna

Saturday 30th Jul 2011 1354

New Delhi : India and Maldives have agreed to increase commercial relations between the two countries and discussed cooperation in defence and maritime sectors. External Affairs Minister S M Krishna, who held wide....

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Back Eight core sector industries grow by 5.2% in June

Friday 29th Jul 2011 1350

New Delhi : With electricity and steel showing healthy production growth, the eight core infrastructure industries expanded by 5.2% in June as against 4.4% in the same period last year. The industries --....

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IIFL recommends ‘Sell’ on UltraTech Cement

Friday 29th Jul 2011 1366

Mumbai : IIFL Institutional Equities, a part of the IIFL Group, one of the leading players in the Indian financial services space recommends ‘Sell’ on UltraTech Cement.

UltraTech Cement’s 1QFY12 PAT was....

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Invest in JP Associates: PN Vijay

Thursday 28th Jul 2011 1349

New Delhi : PN Vijay, Portfolio Manager feels one can invest in JP Associates with time horizon of 3-5 years. Vijay told CNBC-TV18, "JP Associates has taken a pummeling in the last 6....

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BSE Sensex to drop; ONGC, cement firms watched

Thursday 28th Jul 2011 1350

New Delhi : NEW DELHI (Reuters) - The BSE Sensex is set to fall on Thursday as investors brace for more monetary tightening to control high inflation in Asia's third-largest economy. The market....

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ACC, AmbujACC, Ambuja dip post June quarter results

Friday 29th Jul 2011 1349

Mumbai : ACC and Ambuja Cements are trading over 2% lower after reporting disappointing financial results for the quarter ended June 30, 2011 due to lower sales and higher expenses. Ambuja Cements....

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UltraTech: Concrete Q1 numbers

Friday 29th Jul 2011 1349

Mumbai : Improves margins on higher realisations and better cost management.

UltraTech Cement reported very strong first-quarter numbers for 2011-12. Cement as a sector has been hit from multiple points. While a....

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Orient Paper to demerge cement business

Thursday 28th Jul 2011 1348

Mumbai : Orient Paper and Industries Ltd (OPIL), a C K Birla group company, on Wednesday said it had decided to demerge its cement business to sharpen focus on the rapidly....

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UltraTech Q1 PAT up 22% to Rs 683 cr

Thursday 28th Jul 2011 1351

New Delhi : UltraTech Cement today reported a profit after tax (PAT) of Rs 683 crore for the April-June quarter, against that of Rs 558 crore for the same period last year,....

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Companies expect margin squeeze in second quarter

Tuesday 26th Jul 2011 1353

Mumbai : Faced with persistent inflation, global uncertainty and higher input costs, Indian companies expect a slowdown in overall economic activity, which might hit their profitability in the second quarter. According to....

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