Nifty Opens Lower; Tata Steel in Focus Today

Tata Steel missed Q3 profit estimates; its consolidated net profit fell 69 per cent year-on-year to Rs 157 crore as raw material crunch curtailed its domestic production. Analysts polled by NDTV had estimated Tata Steel to report a net profit of Rs 162 crore.
Larsen & Toubro will report Q3 numbers today; it is likely to report a net profit of Rs 1,244 crore on revenues of Rs 15,714 crore, according to analysts polled by NDTV.
DLF will report its Q3 earnings today; its net profit is likely to come at Rs 135 crore on revenues of Rs 2,112 crore, according to analysts polled by NDTV.
Hero MotoCorp will be launching a new unisex scooter to take on Honda's best-selling Activa.
Bharti Infratel's shareholders have approved a proposal to increase foreign investment limit in the company.
JSW Steel and Jaiprakash Power Ventures deal has got approval of the Competition Commission of India (CCI).
TV Today Network's board has approved the sale of radio FM business and has appointed a committee of directors to negotiate the terms and conditions with potential buyers.
The India Cements' board will consider a proposal to transfer its IPL franchise Chennai Super Kings Ltd. to its wholly-owned subsidiary on February 11, 2015.
Jet Airways' Q3 earnings were in-line with estimates on account of higher load factor and lower fuel price. Its net profit came in at Rs 63 crore against loss of Rs 268 crore in the same quarter last financial year.
JK Tyre & Industries, Jaiprakash Power Ventures, Corporation Bank, Firstsource Solutions will report their earnings today.

Tata Steel missed Q3 profit estimates; its consolidated net profit fell 69 per cent year-on-year to Rs 157 crore as raw material crunch curtailed its domestic production. Analysts polled by NDTV had estimated Tata Steel to report a net profit of Rs 162 crore.
Larsen & Toubro will report Q3 numbers today; it is likely to report a net profit of Rs 1,244 crore on revenues of Rs 15,714 crore, according to analysts polled by NDTV.
DLF will report its Q3 earnings today; its net profit is likely to come at Rs 135 crore on revenues of Rs 2,112 crore, according to analysts polled by NDTV.
Hero MotoCorp will be launching a new unisex scooter to take on Honda's best-selling Activa.
Bharti Infratel's shareholders have approved a proposal to increase foreign investment limit in the company.
JSW Steel and Jaiprakash Power Ventures deal has got approval of the Competition Commission of India (CCI).
TV Today Network's board has approved the sale of radio FM business and has appointed a committee of directors to negotiate the terms and conditions with potential buyers.
The India Cements' board will consider a proposal to transfer its IPL franchise Chennai Super Kings Ltd. to its wholly-owned subsidiary on February 11, 2015.
Jet Airways' Q3 earnings were in-line with estimates on account of higher load factor and lower fuel price. Its net profit came in at Rs 63 crore against loss of Rs 268 crore in the same quarter last financial year.
JK Tyre & Industries, Jaiprakash Power Ventures, Corporation Bank, Firstsource Solutions will report their earnings today.