Publication: Economic Times

First reported 6 hours ago - Updated 55 mins ago - 2 reports

L&T shares tank 6% over disappointing Q4 earnings

MUMBAI: Shares of Larsen & Toubro today slumped by 6 per cent after the company reported 6.9 per cent decline in standalone net profit for the fourth quarter ended March, 2013.The infrastructure conglomerate's scrip tanked over 6 per cent to Rs 1,503 ... [Published Economic Times - 2 hours ago]
First reported 8 hours ago - Updated 2 hours ago - 2 reports

Market may go down by another 40-50 points: Sandeep Wagle

In an interview with ET Now, Sandeep Wagle, Founder & MD, APTART Technical Advisory Services, shares his views on the market. Excerpts:ET Now: You look at the price volume action closely on the Nifty futures as well we just shut shop at 6110, very mildly ... [Published Economic Times - 2 hours ago]
First reported 5 hours ago - Updated 2 hours ago - 6 reports

Let us hope 5970, 5990 holds on and that could be the target once 6080 is taken out.: Ashwani Gujral

In a chat with ET Now, Ashwani Gujral, Fund Manager, Ashwanigujral.com shares his view on the Markets:ET Now: Given the way we have closed today, what is the expectation from trade tomorrow?Ashwani Gujral: Well 6080-6100 is bit of a support zone, but ... [Published Economic Times - 2 hours ago]
Entities: Stocks
First reported 9 hours ago - Updated 4 hours ago - 3 reports

Sensex sees lowest close in almost two weeks

MUMBAI: The S&P BSE Sensex fell for a third consecutive session on Wednesday, to mark its lowest close in almost two weeks after Larsen & Toubro slumped more than 6 percent after its orderbook guidance sparked worries about the health of the domestic ... [Published Economic Times - 4 hours ago]
First reported 8 hours ago - Updated 6 hours ago - 3 reports

Betting on Havells, Motherson Sumi and LIC Housing: Anish Damania

In an interview with ET NOW, Anish Damania, Head-Institutional Equity, Emkay Global Financial Services talks about the big themes he is chasing this year.ET Now: For rest of the year what are the big themes you were chasing, last time when I interacted ... [Published Economic Times - 6 hours ago]
Entities: Interaction
First reported May 21 2013 - Updated 9 hours ago - 6 reports

Buy PFC with a target of Rs 167: Ashwani Gujral

In a chat with ET Now, AshwaniGujral of ashwanigujral.com shares his views on Dabur.ET Now: What is your view on Dabur?Ashwani Gujral: Dabur is a 'BUY' call with a target of Rs 167 and a stop loss of Rs 154. ... [Published Economic Times - 9 hours ago]
Entities: Dabur, Stocks
First reported May 21 2013 - Updated 9 hours ago - 5 reports

Sensex starts on a firm note; Tech Mahindra up 6%

NEW DELHI: The S&P BSE Sensex rose 0.3 per cent early on Wednesday tracking strong global cues, led by gains in Infosys, ICICI Bank and TCS.At 09:20 a.m.; the 30-share index was at 20183.10, up 70 points or 0.3 per cent. It touched a high of 20,189.35 ... [Published Economic Times - 11 hours ago]
First reported May 21 2013 - Updated 13 hours ago - 6 reports

Sexual harassment at work: India Inc must learn to draw the Phaneesh line

By Nirmala MenonSexual harassment is not news. But it certainly is news when a high-profile corporate leader is alleged to have done it again — as is the case with Phaneesh Murthy. His alleged improper conduct and his dismissal have happened at a time ... [Published Economic Times - 13 hours ago]
First reported May 21 2013 - Updated 14 hours ago - 3 reports

New CAG Shashi Kant Sharma takes over, Prashant Bhushan has a Problem

NEW DELHI: The government on Tuesday formally appointed Defence Secretary and veteran bureaucrat as the next Comptroller & Auditor General of India, but the appointment came under fire from activist lawyer Prashant Bhushan, who slammed if for being "opaque" ... [Published Economic Times - 15 hours ago]
First reported May 20 2013 - Updated 23 hours ago - 4 reports

AstraZeneca Q4 net loss at Rs 19 crore

NEW DELHI: Drug firm AstraZenecaPharma India Ltd today posted a net loss of Rs 18.57 crore for the fourth quarter ended March 31, 2013.The company had posted a net loss of Rs 33 crore in the same period of previous fiscal.Net sales of the company stood ... [Published Economic Times - 23 hours ago]
First reported May 20 2013 - Updated May 21 2013 - 7 reports

Nifty rangebound; Coal India, Bank of Baroda, BHEL gain

MUMBAI: The S&P BSE Sensex opened on a flat to positive note on Tuesday in absence of supportive cues from global peers and lack of buying after the recent run-up. According to analysts, the market is likely to consolidate in the near-term and take cues ... [Published Economic Times - May 21 2013]
First reported May 20 2013 - Updated May 21 2013 - 8 reports

Sell Arvind Ltd with a target of Rs 75: Sandeep Wagle

In a chat with ET Now, Sandeep Wagle, founder & MD, APTART Technical Advisory Services shares his views on Arvind Ltd ET Now: What is your view on Arvind Ltd ?Sandeep Wagle: Arvind Ltd is a sell call with a target of Rs 75 and a stop loss of Rs 81. ... [Published Economic Times - May 21 2013]
Entities: Arvind Ltd, Stocks

Quotes

...Lashing out at the Opposition, Sharma said, "Due to the Opposition's irresponsible attitude, several other bills of national importance including the could not be discussed in the Parliament."
"We are comfortable with current power situation and no power cuts have been imposed on any consumer category including industry" said an official of . The official said power distribution firms have made arrangement of 20 percent extra power during peak hours...
"With the economic downturn, many sectors have taken a heavy hit which has resulted in single digit hike for many employees. Despite the slump, IT, Engineering, Pharma and healthcare have witnessed double digit salary hike in critical skills" he adds
Besides, he said, one of the major recommendations was to have a a strong set of independent directors on the board of PSUs. "The age limit for independent directors has been proposed to be relaxed from 45 years to 70 years, instead of 65 years."

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