Monday, February 7, 2011

Market Report


MM promoters lower stake in flagship to below 26%
Maruti rolls out luxury sedan, to take on Honda, Skoda
McNally Bharat bags order worth Rs 24.34 crore
IndusInd MM auto division sign MoU for vehicle finance
Hughes Communications India signs two contracts  with United Bank of India and UCO Bank
Omnitech InfoSolutions Q3 net profit stands at Rs14.45 crore
Huge demand for Bajaj Auto bikes see sales up 18% in Jan
Seshasayee buys out Tamil Nadu paper firm
SpiceJet ends 13% down as purchase by Maran comes under CBI lens
LT to construct  Lucknow Development Authority's apartments on Tilak Marg
Imagination Tech acquires HelloSoft for Rs 225cr
Career Point Infosystems enters into agreement with Gopi Bai Foundation
HCC bags EPC order from Sardar Sarovar Narmada Nigam (SSNNL) for Rs 345cr
NMDC to seal deals for 2 Australian mines, 4 more in pipeline
Reliance hires advisors to explore Atlas options
India's Jindal wins 25-year coal licence in Mozambique
RELIGARE FINVEST sells 2.64 shares of Alps Ind
FTVIPTMutual Global buys 11.40 Lk shares Polaris
Hindujas in talks with Italy’s Pessina for $2 bn realty projects
Coal India set to get coveted Maharatna status
Harman International to invest $100 mn in 3-5 years in India
CIL, SCI on lookout for consultant to study proposed JV
Tata Motors launches Manza’s new Avtaar