Hindalco Q4 stand alone net profit down 9.65%
Co alloted 15 crore warrants worth Rs 2,165 crore to its promoters on March 22
Sectors - Bombay
HDFC Q4 net profit up 16% to Rs 1,326cr
Largest mortgage finance provider declares dividend of Rs 11/shr
Audi India launches new version of sedan A4
Largest selling sedan A4 to be available in both petrol, diesel variants at a price of Rs 27.33 lakh
M&M plans to launch XUV 500 in Italy, Chile, Australia
Co to increase output of XUV500 to 4,000 units by May from the earlier 3,000 units
Rabobank sells majority stake in Yes Bank for Rs 453 crore
Co has sold 12.7 mln shares in bulk deals on BSE as on March-end
Suzuki Motor plans to get into Indian 2-wheeler mkt
Co also plans to invest another Rs 2,000 crore in a Greenfield plant at Rohtak in Haryana
TCS Q4 net profit up 22.6% to Rs 2,932cr
Global IT Services Company adds 42 clients and strikes 6 large deals in the fourth quarter
Infotel may set up over 1,00,000 towers for 4G ops
Co invites bids this year from tower operators for leasing around 26,000 towers from India
MindTree Q4 net profit rises 2-fold at Rs 68.9cr
Income from software services rose over 34% to Rs 525.7 crore in the reported quarter
Google-Endorsed Android Smartphone To Have RCOM Connection
Anil Ambani to target high-end users to ramp up subscribers
HDFC Ergo General Insurance launches HCS unit
Health claim services to act as a guidance centre for all health care related queries
L&T unit buys Thalest for Rs 24 crore
Co to use the British company's technology for commercial and naval ships
Maruti Suzuki March sales up 3.28% to 125,952 units
Indian car maker's total passenger car sales rise 3.53% to 98,758 units in March
Tata Steel to borrow upto Rs 50,000 cr in loans
Co to raise funds for capacity expansion, buy mines to strengthen position as seventh largest steelmaker
Tech Mahindra to buy remaining stake in Mahindra Satyam for $1 bln
Stake acquisition to help Tech Mahindra become India's fifth largest software exporter by revenue
Nomura Holdings' debt rating cut to lowest by Moody's
One-step reduction brings Nomura's long-term debt rating to Baa3, one level above junk
Apollo Tyres plans to invest over Rs 2,500 crore in new units
Co plans to start plant with passenger car radial tyres with initial capacity of 7-10 million units per year
ONGC: Govt fixes floor price of 290/shr
1 day auction scheduled for Thu, allotment to be completed in next 2 working days
Jaguar Land Rover to launch Rover Evoque
Evoque convertible concept to explore the potential for the world's first premium convertible SUV
Kingfisher Air slashes ops to fleet of 28 planes
Vijay Mallya-owned airline submitted revised winter schedule of flights on Wednesday that will operate till March-end this year
Tata Motors consol net profit surges 41%
Carmaker reported 44% rise in sales to 452.60 billion
RBI raises bank rate by 350 bps
Bank rate will be 9.5% with immediate effect as against 6% earlier
Network18 Media Q3 net loss of Rs 85.81 crore
Publishing and broadcasting co reports 24% rise in revenues to Rs 503.81 crore
Novelis Inc Q3 net loss at $12 mln
Leading producer of aluminium rolled products reported falling net sales of 4% to $2.5 bln
TCS signs multi-year deal with Europcar
Co to expand into Europe for its travel, transport and hospitality industry solution unit
Tata Motors total vehicle sales up 16% to 87,465 units
Sales of Aria, Safari and Sumo increased 37.61% to 6,140 units
Cairn sells 30% stake in Greenland exploration licenses to Statoil
Stake sale is a part of Cairn's plan to bring in a partner in to share the costs of exploration in the Artic
Morgan Stanley appoints co-heads of investment banking
Amir Diab, Klaus Froehlich to be co-heads of investment banking for North Africa, Middle East
Tata Steel gets order from Siemens Wind Power
Co to deliver 25,000 tonne of profiled plate between April and September this year
Ford Motor launches new compact SUV in India
Automobile maker aims to have bigger presence in growth markets of India, Brazil and Southeast Asia
Ford India Dec sales surge 39% at 5,979 units
Car maker to use the upcoming Auto Expo to preview the second of eight new vehicles that Ford plans to bring to India by mid-decade
Dr Reddy's plans to launch Lipitor generic in first quarter of the next fiscal
Lipitor has a market of over $1.5 billion in the US at the innovator's price
Aditya Birla to invest $500 mln to setup VSF plant
US$35 billion multinational corporation plans to set up viscose staple fibre plant in Turkey's Adana Organised Industrial Zone
Credit Suisse investment banking chairman Marc Granetz resigns
Switzerland- based bank appointed Granetz as the chairman at the end of 2009 after he served five years as co-head of the investment banking department
Lupin expects 80% jump in its revenues from Japan in next 2 yrs
Drug maker Lupin aims to become one of the top five generic pharmaceutical companies in Japan in the next three years
Deccan Chronicle buys Future Capital for Rs 700 crore
English -language daily newspaper Deccan Chronicle has financed part of the acquisition through sale of its stake in Deccan Chargers
Ranbaxy gets US drug regulator's nod to sell Lipitor
Low-cost version of the world's best selling drug Lipitor will be manufactured by Ohm Laboratories in New Brunswick, New Jersey
Tata Sons appoints Cyrus Mistry as Ratan Tata's successor
Cyrus Pallonji Mistry will be the sixth chairman of Tata Sons
LIC Housing Finance Q2 net profit slips 58%
Outstanding mortgage portfolio of LIC Housing Finance in the second quarter rises 29% to Rs 56,098 crore
Suzuki Motor Corp half yearly net income up 5%
The earnings for the half year increased despite heavy production loss due to labour unrests at its best performing operations in India
GlaxoSmithKline agrees for $3 bln settlement with US govt
Final settlement over criminal and civil claims is expected to be finalized in 2012
Tata Motors aims to raise $750 mln via overseas borrowing
External commercial borrowing with a spread of 6 years will be priced about 350 basis points above London Interbank Offered Rate
Tata Steel may cut steel production in Europe
World's 7th steel maker Tata Steel is likely to cut production in Europe further in the next few months if steel orders weaken
SBI likely to raise Rs 5,000 crore via rights issue
India's largest lender SBI is expected to raise Rs 5,000 crore via rights issue of shares by December of the earlier planned Rs 20,000 crore
BNP Paribas, Societe Generale deny reported plan to raise $9.4 bln
BNP Paribas and Societe Generale deny a report that they could seek to raise a combined 11 billion euros ($14.8 billion) as part of a broader European bank recapitalization plan
Reliance Capital sells 26% stake in Reliance Life to Nippon
Reliance Capital has completed the sale of a 26% stake in Reliance Life to Japan's Nippon Life for over 3,000 crore
Mercedes Benz plans foray into mid-range car segment
German car maker is looking to enter mid-range car segment, taking the premium brand of Mercedes to the Indian masses
Carlyle raises stake in India Infoline to 9%
US private equity firm Carlyle says it has hiked its stake in financial services company India Infoline to 9% from 6.7%
UTI Mutual Fund raises about $1 bln via India debt fund
UTI Mutual Fund has raised about $1 billion, nearly 4,800 crore, through its India dedicated debt fund from overseas investors
HSBC Holdings seeks buyers for non-life insurance assets
HSBC Holdings seeks buyers for its non-life insurance assets, will consider selling regional units of the business separately
