Wednesday, June 2, 2010

Market Report for 2nd June 2010

RIL falls 20% in freak trade on BSE

Hero Honda sales jump 14% in May to 3.7 lakh units
Lanco to tie up 200 bln rupees by Sept for power projects
Apollo Tyres aims to become $2 bn entity, enters Europe
Bajaj May sales up 62%

Venting online, consumers can find themselves in court
IVRCL bags Rs 3,100 cr NHAI project
Tata Power unit eyes Indonesia, S.Africa coal resources
R-Infra wins Rs 2,960 cr Delhi-Agra project from NHAI
RCom seeks more spectrum for CDMA telephony growth
MTNL raises Rs 2,500 cr from Axis Bank for 3G spectrum
Kingfisher to raise $250m by end of Q2 FY10: Sources
TVS Motor logs 30 percent sales growth in May
Nissan looks to rope in Ashok Leyland for global small car
M&M tractor sales rise 28% in May
Teracom bags Rs 28 cr order from BSNL


Macquarie-SBI may invest Rs 466 cr in GMR airports division
Bank of Ireland shortlists IBM, HCL for $600-mn outsourcing deal