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News Flash
Rs.1230 cr understated liability as of Sept 30: Raju
Q2 Accrued interest of Rs.376 cr non-existent: Raju
Satyam carries inflated cash balance of Rs.5040 cr: Raju
Rs.1230 cr understated liability as of Sept 30
Q2 Accrued interest of Rs.376 cr non-existent
Rs.588 crores artificial cash in Satyam books: Raju
Satyam carries inflated cash balance of Rs.5040 cr
Satyam chairman Ramalinga Raju resigns from board
Still testing authenticity of communication from Satyam
Will take action against auditors if involvement found
Auditors accountable for financial situation: SEBI
Need for investors to know the truth: SEBI
Violations across several laws: SEBI
Satyam issue has serious implications: SEBI
Wrong doings at Satyam should be probed in detail
LIC remains a long term investor in Satyam
Liability also falls on independent board members
Satyam news a company specific issue only
Banks to outperform other sectors in Q3
Markets may fall on negative triggers coming from Q3
Results could be 'slightly' better vs expectations
Shocked at the startling revelations from Raju
Valuations in unlisted space still remain high
India still a small fraction of Asian PE activity
Would look to raise funds from institutions in late 2009
PE players continue to park funds into quality investment
Growth in exports from Asia in H2'CY09
U.S. economy could remain subdued in 2009
Earnings de-growth remains the key trigger for current qtr
Strike to impact Panipat, Gujarat refineries ops: NW
Updated:
06/01/09 | 12:06 AM IST
Pharma
Sun-Taro issue nears end
The saga of Sun Pharma's protracted battle to acquire control of Israel’s Taro Pharma seems to be approaching its final hours. Sun, in a last ditch attempt at an early resolution has proposed two options.
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Pharma too not immune to meltdown
The global meltdown woes have even reached one of the most insulated sectors—Pharma. However, even as global markets are non-growing for many Indian players, domestic markets prove to be an anchor with steady growth at a volatile time.
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Piramal Health buys Minrad for $40 mn
Healthcare company Piramal Healthcare on Tuesday announced acquisition of US-based Minrad International for Rs 188 crore, thus, re-emphasising the possibility of increased M&A activities in a mature pharma market like the US.
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Wockhardt, Manipal in preliminary merger talks
It is believed that Bangalore-based Manipal Hospital is in the process of discussing merger with leading healthcare provider Wockhardt Hospitals.
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Pharma R&D spending suffers as firms cut costs
There's no easy way to combat recession than cut costs. But with the rising trend of pharma companies going for cut in R&D spending, will consumers have to live with drugs and medicines which were developed a long time ago?
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No intention of buying Ranbaxy: Pfizer
The Lipitor deal had further added to the speculation of Pfizer picking up a stake in Ranbaxy. But Pfizer on Wednesday told NDTV that it has no intention of picking up stake in Ranbaxy.
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Global Crisis
Export woes deepen, contracts 1.6% in Dec
Exports fell for the third straight month, posting a negative growth of 1.6 per cent in December 2008 as demand from key markets continued to remain sluggish.
More :
Export units to lose 1 cr jobs by March: FIEO
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Toyota to halt Japan output for 11 days
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US bankruptcy filings jump by 33% in '08
Market Watch
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Nifty
Value
Change
%Change
ACC
512.30
-32.65
-5.99
BHEL
1,429.90
-40.95
-2.78
BHARTI
621.95
-34.85
-5.31
DLF
238.40
-41.40
-14.80
GRASIM
1,330.50
-4.15
-0.31
HDFC BANK
1,012.30
-88.15
-8.01
HINDALCO
54.25
-3.70
-6.38
HIND UNILEVER
249.75
3.10
1.26
HDFC
1,636.10
-48.15
-2.86
ICICI BANK
470.00
-53.15
-10.16
INFOSYS
1,183.00
15.35
1.31
ITC
165.00
-9.25
-5.31
JP ASSOC
73.05
-27.80
-27.57
L&T
775.90
-72.65
-8.56
M&M
302.00
-15.95
-5.02
MARUTI
560.10
-1.80
-0.32
NTPC
169.25
-7.55
-4.27
ONGC
692.75
-26.95
-3.74
RANBAXY
233.55
-19.90
-7.85
RCOM
205.00
-43.85
-17.62
RELIANCE
1,236.00
-132.05
-9.65
REL INFRA
551.20
-95.75
-14.80
SATYAM
32.90
-146.20
-81.63
SBI
1,240.00
-84.20
-6.36
STERLITE IND
297.00
-18.60
-5.89
TCS
500.15
-7.50
-1.48
TATA MOTORS
170.80
-14.90
-8.02
TATA POWER
780.00
-24.70
-3.07
TATA STEEL
237.45
-9.30
-3.77
WIPRO
239.50
-3.25
-1.34
ABB
479.25
-15.45
-3.12
ACC
510.75
-32.70
-6.02
AMBUJA CEM
71.80
-4.60
-6.02
BHEL
1,429.50
-37.75
-2.57
BPCL
363.70
-9.75
-2.61
BHARTI
622.00
-35.00
-5.33
CAIRN INDIA
172.30
-6.25
-3.50
CIPLA
185.20
-7.75
-4.02
DLF
237.85
-40.65
-14.60
GAIL
195.50
-15.40
-7.30
GRASIM
1,333.35
-1.50
-0.11
HCL TECH
109.50
-21.05
-16.12
HDFC BANK
1,015.00
-85.40
-7.76
HERO HONDA
773.95
-16.30
-2.06
HINDALCO
54.10
-4.00
-6.88
HIND UNILEVER
249.85
2.95
1.19
HDFC
1,642.70
-37.75
-2.25
ICICI BANK
469.70
-53.75
-10.27
IDEA CELLULAR
50.30
-3.10
-5.81
INFOSYS
1,182.15
13.60
1.16
ITC
164.70
-9.70
-5.56
L&T
775.50
-74.70
-8.79
M&M
304.00
-14.30
-4.49
MARUTI
563.50
2.10
0.37
NALCO
194.55
-11.70
-5.67
NTPC
169.50
-7.55
-4.26
ONGC
692.00
-26.90
-3.74
POWER GRID
77.25
-4.60
-5.62
PNB
483.95
-46.50
-8.77
RANBAXY
234.30
-19.25
-7.59
RCOM
204.95
-44.05
-17.69
RELIANCE
1,235.50
-135.40
-9.88
REL INFRA
549.00
-97.75
-15.11
REL PETRO
84.15
-6.95
-7.63
R POWER
111.95
-11.60
-9.39
SATYAM
32.90
-146.05
-81.62
SIEMENS
293.95
-18.40
-5.89
SBI
1,233.70
-89.15
-6.74
SAIL
88.15
-6.35
-6.72
STERLITE IND
297.00
-18.50
-5.86
SUN PHARMA
1,052.25
10.85
1.04
SUZLON ENERGY
52.05
-15.70
-23.17
TATA COMM
493.90
-37.25
-7.01
TCS
504.00
-2.40
-0.47
TATA MOTORS
171.50
-14.95
-8.02
TATA POWER
779.35
-26.70
-3.31
TATA STEEL
237.50
-9.55
-3.87
UNITECH
35.30
-10.65
-23.18
WIPRO
240.30
-2.40
-0.99
ZEE ENT
142.00
-5.95
-4.02
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Hemen Kapadia
RANBAXY LABORATORIES LTD
-7.85%
Current: Rs 233.55
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STERLITE INDUSTRIES (INDIA)
I suggest the investor to hold the stock
ABAN OFFSHORE
I suggest the investors to hold the stock with a stoploss of Rs 600
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