A new virus Swine Flu has killed up to 149 people in Mexico and the World Health Organization moved closer on Monday to declaring it the first flu deadly disease in 40 years as more people were infected in the United States and Europe. The WHO raised its pandemic alert level for the swine flu virus to phase 4, indicating a significantly increased risk of a pandemic, a global outbreak of a serious disease. The last such outbreak, a "Hong Kong" flu pandemic in 1968, killed about 1 million people.
Oil prices fell more than 2 percent to trade below $50 a barrel as investors feared a new blow to an already fragile global economy if trade ...
Today: Indian Stock Market still looks up but EquityPandit.com would suggest you to avoid intraday till F&O expiry.
Note: Stocks to trade for intraday, short-term delivery, long term delivery, short selling and Futures and when to exit those stocks would be sent to paid subscribers live during the market hours through SMS.
BSE Sensex: (11372)...
FII and DII activity that was seen on Monday, April 27, 2009 is shown below. The report shows that FII were net buyer of Rs 257.38 crore where as DII saw buying of Rs 68.06 crore.
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An outbreak of swine flu dampened tentative hopes for the global economy, sending markets lower on Monday and analysts fear a possible deadly disease could force countries further into recession.The virus, a new strain of swine flu, has killed 103 people in Mexico and spread to the United States. The World Health Organization said the outbreak was a "public health emergency of international concern" that could become a deadly disease or global outbreak of serious disease.
The World Bank estimated in 2008 that a flu pandemic could cost $3 trillion and result in a nearly 5 percent drop in world gross domestic product, damaging prospects of recovery in ...
Bank of Baroda (BOB) has disclosed its fourth quarterly results. The company's Q4 standalone net interest income (NII) was up at Rs 1,470.79 crore versus Rs 1,028.50 crore, YoY.
Its standalone net profit was at Rs 752.69 crore versus Rs 276.44 crore, YoY.
Oriental Bank of Commerce (OBC) has announced its fourth quarter results. The company's Q4 standalone NII was at Rs 460.30 crore versus Rs 437.02 crore, YoY. Its standalone net profit was at Rs 195.82 crore versus net loss of Rs 99.44 ...
Bosch India has declared its first quarter numbers of FY09. Its Q1 net profit declined by 69.45% at Rs 49.4 crore versus Rs 161.7 crore (YoY).
The company's net sales fell by 17.68% to Rs 992 crore from Rs 1,205 crore.
Aban Offshore has announced its fourth quarter results. The company's Q4 consolidated net loss of Rs 93 crore versus profit of Rs 38 crore. Its consolidated net sales were up at Rs 774 crore versus Rs 661.8 crore.
Exide Industries has announced its fourth quarter numbers. Its Q4 net profit went up by 8% at Rs 68.2 crore versus Rs 63 crore.
Jaiprakash Associates has declared its fourth quarterly results of FY09. Its net profit went up by 83% at Rs 385 crore versus Rs 210 crore, YoY.
The company's net sales increased 60.88% to Rs 2,085 crore from Rs 1,296 crore. Its operating margin improved to 28.9% versus 27.2%.
Interest cost increased to Rs 168 crore from Rs 97.3 crore and other income came in at Rs 42.9 crore.
Today: As we said earlier that till Indian Stock market holds 11200, market will move up n we may see a level of 11500 in the days to come but we may see profit booking in the market before moving up so we are a bit cautious in this market.
Note: Stocks to trade for intraday, short-term delivery, long term delivery, short selling and Futures and when ...
As we have already seen Credit cards are really very useful. Now it’s necessary to know How to get rid of credit card frauds. Credit Card Security is often a worry for most of us, however there are a few simple rules and guidelines that you should follow to reduce the chances of you suffering from any credit card security problems.
Destroy Credit card Receipts ...
ICICI Bank has declared its fourth quarter results for FY09. It’s Q4 net profit declined by 35.29% at Rs 744 crore versus Rs 1,149.8 crore in the same period of last year. Its bottom-line was below the expectations of Rs 841.03 crore.
The company’s total income plunged by 11.43% at Rs 9,203 crore versus Rs 10,391 crore, YoY. Its net interest income went up by 2.89% to Rs 2,139 crore from Rs 2,079.46 crore. Provisions went up by 14.47% at Rs 1,084 crore as against ...
Hindustan Construction Company reported that its profits were nearly twice as of same quarter last year. HCC reported a jump in net profit at Rs 51.36 crore for the fourth quarter ended March 2009.
The construction firm had a net profit of Rs 26.41 crore in the March quarter of FY'08, HCC said in a filing to the Bombay Stock Exchange.
"Despite a difficult economic year, HCC has registered overall healthy growth across business segments ... Looking ahead, we are confident of keeping a healthy pace of growth on the basis of a strong order book ...," ...
IDBI Bank has decalred its fourth quarter results on Friday, April 24, 2009. The company's Q4 net profit was up at Rs 314 crore versus Rs 245 crore.
Its consolidated net profit was up at Rs 766.54 crore versus Rs 746.59 crore, YoY
Piramal Healthcare has announced its fourth quarter results. The company's consolidated net profit was down at Rs 115 crore versus Rs 132 crore.
Its consolidated net sales were up at Rs 851 crore versus Rs 676 crore.
Naresh Goyal-run domestic private air-carrier, Jet Airways, has clipped salaries by up to 25 per cent for all its employees drawing a gross salary of above Rs 75,000 per month.
"Huge financial losses have forced the airline to slash salaries by up to 25 per cent to all its employees drawing a gross salary of above Rs 75,000 per month," an industry source said in Mumbai.
A Jet Airways spokesperson confirmed the pay cuts but said that the move was only temporary and once the situation improved, it would do a revision.
The salary ...
