Satyam Computer Services posted a standalone net profit of 181crore rupees ($38 million) on revenue of 2290 crore rupees in the quarter to December, it said in a filing to the stock exchange.
The company said it had total bank balances of 373 crore rupees as at March 31.
It posted a profit of 4 crore rupees on revenue of 681 crore rupees in January and net profit of 52 crore rupees in February on revenues of 676 crore rupees, the outsourcing firm said.
Satyam was plunged into crisis after ...
Moody's Investors Service on Monday downgraded the rating of Tata Steel Ltd, the world's sixth largest steel manufacturer by one notch to Ba3 from Ba2, citing a weak outlook for the steel industry.
"The rating action reflects the anticipated weakening of Tata Steel's consolidated financial profile over the intermediate term, driven by the weakness in the steel markets, and the significant operating challenges faced by the company's European operations," said Ivan Palacios, a Moody's AVP/Analyst.
Tata Steel shares on Monday slipped 10.21% to close at Rs 416.55 on the Bombay Stock Exchange. Moody's has ...
Last Trading Session: Yesterday as we said Indian Stock Market opened in a negative zone and consolidated around our resistance level of 4610 initially. Then Market went down sharply in the afternoon session .We have witnessed huge shorting in F&O side.
Today: Indian Stock Market is expected to open flat with negative bias. We may see some short covering in F&O side but technically market looks down until it crosses our resistance level of 4610 on ...
FII and DII activity that was seen on Monday, June 08, 2009 is shown below. The report shows that FII were net seller of Rs 14.47 crore where as DII saw selling of Rs 875.92 crore.
...
Shares of Dish TV have plunged by over 11% to Rs47.7 at 11:57am (IST).
Shares of Dish TV have plunged by over 11% to Rs47.7 after the promoter of the company offloaded around 65.88million (6.588 crore) shares of the company on the BSE and the NSE at average price of Rs49 per share.
The shares were transacted in 10 transactions and the stake offloaded represents around 6.96% of the company’s share capital.
Last Trading Session: Market opened with a bull gap but again profit booking took place and market corrected sharply. But still it managed to close positive.
Today: Indian Stock Market is expected to open in negative zone due to weak global cues we may see some shorts at these levels but again we feel that until budget is declared, every dip is a buying opportunity. Now, 4610 is a strong resistive zone for Nifty and ...
Congratulations once again,
I heartily congratulate to all of our Paid Subscribers, Financial Analysts and Fund Managers at EquityPandit.com for the fabulous outputs given for the month of May. Only 20 calls were. The calls given by EquityPandit.com for EP-BASIC package gave a profit of whooping 66% after deduction of brokerage charges. This proves that quality of calls is much more important than its quantity. Four calls touched stoplosses but our analysis was not wrong as these four stocks soon after touching stoplosses are flying high. No trade was done for 7 days before the results of Lok sabha Election were announced. Definitely this accuracy level is less than ...
INDIA: The Centre's direct tax collections in May 2009 registered an increase of 16.88% to Rs 11,919 crore as against Rs 10,198 crore a year ago from partial recovery,.
However, direct tax receipts in April declined by 3.19% to Rs 12,239 crore as compared to Rs 12,642 crore a year ago, mainly on account of the high refunds processed in the first month of the fiscal.
On a cumulative basis, net direct tax collections in the first two months of this fiscal rose by 5.77% to Rs24,158 crore, up from ...
FII and DII activity that was seen on Friday, June 05, 2009 is shown below. The report shows that FII were net buyer of Rs 831.95 crore where as DII saw selling of Rs 480.13 crore.
...
Yesterday: As we predicted, Market went down sharply and again went up in the afternoon trading session because of government assurance of economic reforms. Sensex closed up by 135 points.
Today: Indian Stock Market is expected to open in positive zone due to positive global cues we may see some profit booking at higher level but we will see lots of stock specific action in ...
India's most valued and biggest private company Reliance Industries, files its German unit Trevira for bankruptcy.
Trevira is a specialty polyester manufacturer.
Reliance Industries had acquired Trevira five years ago for Rs 440 crore and group Chairman ...
FII and DII activity that was seen on Thursday, June 04, 2009 is shown below. The report shows that FII were net buyer of Rs 465.34 crore where as DII saw selling of Rs 530.2 crore.
...
India's Inflation rose 0.48% in the 12 months to May 23, lower than previous week's annual rise of 0.61 percent, government data showed on Thursday.
The annual inflation rate was 8.90 percent during the corresponding week of the previous year.
The wholesale price index rose to 232.3 points in the week ended May 23 from 232.2 a week earlier.
Satellite technology has made leaps and bounds over the last decade, introducing the world to a whole new era of television entertainment.
There are many companies coming in market which provides these services like Direct TV, Dish TV, Tata sky. These companies provide equipments that are used in capturing the signals from the several dishes that are erected in strategic position. This technology was started way back in 1960s in the US.
In days to come all the cable TV channels would ...
Yesterday: As we predicted, Indian Stock Market open in green and went down due to profit booking. It recovered sharply again and closed flat.
Today: Indian Stock Market is expected to open in negative zone due to weak global cues and expected to be a range bound through out the day. But we would not like to trade unless nifty shows clear movement on either side. ...
