HDFC's Net Grows By 29%

Housing Development Finance CorporationHousing Development Finance Corporat

Hindalco Posts Up Q4 Results

Hindalco IndustriesHindalco Industries has declared the results of the final quarter of the

Indian Power Companies are looking for equipment from Japan and China

The growing power demand in the country is turning out to be great news for international electrical equipment manufacturers. Power majors like Tata Power Company (TPC), Reliance Energy (REL), National Thermal Power Corporation (NTPC) and Larson & Tubro (L&T) are currently in negotiations with several global leaders for equipment orders that could add up to millions of dollars.
TPC is in talks with Japanese companies Hitachi, Mitsubishi and Toshiba for super-critical technology, said sources. REL has already joined hands with Shanghai Electric for sourcing equipment for its three projects — Hisar (1,200 MW), Yamunanagar (600 MW) and Rosa (1,200 MW). The company is planning to continue the tie-up for its forthcoming projects also, the sources added.

ICICI Bank will be in list of top 100 global FIs

Raising $5 ICICI Bankbillion through a follow-on equity offering may see the country’s largest private sector entity, ICICI Bank breaking into the top 100 financial institutions in the world, in terms of market capitalisation. The bank, whose current market capitalisation is $18.89 billion (Rs 77,834 crore), presently stands at the 111th position among the top 150 financial institutions in the world, when compared on an m-cap basis. Raising $5 billion through the equity offer will take ICICI Bank to a position of 84 in this list.

Uday Shankar Moves From MCCS To STAR India As COO

Star IndiaThe CEO of Media Content and Communications Services (MCCS) has been chosen as the COO of STAR India. MCCS is a 74:26 percent venture between Ananda Bazaar Patrika and STAR Group.
The declaration was made in a combined report by Star and MCCS. Mr. Shankar will shortly join Star India and keep an eye on the company’s overall functioning.
He will report to Paul Aiello, the chief executive officer of STAR Group.

UTI Bank To Raise Rs. 2000 Crore Fresh Capital

UTI BankUTI Bank executive director of corporate strategy, Asok Kumar has announced that they have dec

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Indegene (INDGN) Share Price Target at Rs 700: Kotak Securities

Kotak Institutional Equities has issued a BUY recommendation for Indegene, a leading IT services firm specializing in the healthcare and life sciences sectors, with a current marke

InterGlobe Aviation (INDIGO) Share Price Target at Rs 6,700: Kotak Securities

Kotak Institutional Equities has issued a BUY recommendation on InterGlobe Aviation (IndiGo), setting a one-year target price of Rs6,700, which represents a compelling upside from the current marke

Premier Energies Share Price Target at Rs 1,320: ICICI Securities

ICICI Securities has issued a BUY call for Premier Energies, setting a 12-month target price of Rs 1,320, representing a potential upside of 25% from the current market price.

Tata Consumer Products Share Price Target at Rs 1,360: Motilal Oswal Research

Motilal Oswal Financial Services has reaffirmed its BUY rating on Tata Consumer Products (TCPL) with a 12-month target price of Rs 1,360, projecting 21% upside from current levels.

Axis Bank Share Price Jump 1.08%; Immediate Resistance at Rs 1,265

Axis Bank Share Price jumped 1.08 percent on Tuesday as overall sentiment about banking sector remains positive after RBI's rate cut decision.

HDFC Bank Share Price Declines 0.8 Percent; Immediate Supports at Rs 1,926

HDFC Bank share price declined 0.8 percent on Tuesday. The stock opened the session at Rs 1,982 and that remained the high for the day.