US markets mixed; Indian ADRs down
Indian ADRs were mostly in red with shares of ICICI Bank dropping over 3% to $30.36.
MTNL slipped 2% to $4.54. HDFC Bank and Mahindra Satyam declined 1.5% each to $92.68 and $5.25, respectively. Infosys was down 1% at 42.02.
However, Genpact surged 7% to $14.15. Patni Computers added 1% to $11.95.
IBM to buy analytics company SPSS for $1.2 bln
Dow, S&P 500 dip, but biotech lifts Nasdaq.
Tata Motors surges on good Q1 results.
Karur Vysya gains on June quarter numbers.
Sobha Developers Q1 PAT seen up at Rs 15.2 cr.
Nasscom sees single-digit growth
The country’s software and services sector is likely to experience single-digit growth in 2009-10, a new low for the $60-billion industry that grew 16.3% last year despite the global economic downturn.
R-Infra looking to grow roads portfolio five-fold.
Reliance Power to raise Rs 20k cr to fund projects.
GMR Industries Q1 loss at Rs 8 cr.
HUL net falls 2.7%, drags down shares from nine-year high.
Titan plans 12 new stores in Western India.
HDIL Q1 PAT seen up 74.5% to Rs 108.06 cr.
BPCL reports Q1 net profit of Rs614 crore.
Bharti, MTN likely to agree on tie-up in August:says second largest Investor.
No rate cut, RBI sees GDP growth crossing 6 pc.
TVS plans high-capacity gearless scooter launch.
Singapore nifty is trading flat at 4,560.0 down by 2.0 points.
