News - Timely Indian Market & Stock News - November 2011 in COMMUNITY CENTER - [Mahindra & Mahindra Ltd.] Oct sales up by 20%. ‎[Maruti Suzuki India Ltd.] total sales down 53% in Oct. ‎[Havells ...
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Timely Indian Market & Stock News - November 2011

  1. Timely Indian Market & Stock News - November 2011

    [Mahindra & Mahindra Ltd.] Oct sales up by 20%.

    ‎[Maruti Suzuki India Ltd.] total sales down 53% in Oct.

    ‎[Havells India Ltd.] Q2 net profit at Rs70.24 crore. The stock was trading at Rs368.50, up by 3.41%

    ‎[Pratibha Industries Ltd.] bags prestigious orders worth Rs 571 crore.

    India’s exports surge 36.3% in September.


  2. [Allahabad Bank] Q2 net profit jumps 21%. The stock was trading at Rs159, up by 6.68%

    Greece Concerns Greek Referendum on EU Bailout may be held in December

    Mobile tariffs likely to fall. Good for us ... Bad for telecom

    TRAI raises SMS limit by 100 per day per SIM.

    RBI extends remittance flexibility to exporters.

  3. OilMin seeks EGoM meet on diesel, LPG rate hike.

    Government meet at 11:15 am to mull imposing import duty on foreign power equipment.

    Services PMI drops to lowest in 2-1/2 years.

    [Manappuram Finance Ltd.] Q2 net profit jumps by 125%. The stock was trading at Rs61.75, up by 2.92%

    Food inflation at 12.21% vs 11.43%.

    [Berger Paints (India) Ltd.] rises on healthy Q2 nos. The stock was trading at Rs107.60, up by 2.28%

  4. [Coal India Ltd.] allowed to buy stakes in unlisted foreign companies.

    [Axis Bank Ltd.] to expand SME book by 25% each over next 2 years.

    ONGC board OKs acquisition of ADB stake in Petronet

    [Maruti Suzuki India Ltd.] Manesar workers apply for re-registration of union.

    [Glenmark Pharmaceuticals Ltd.] gets Rs24 crore payment from Sanofi-Aventis.

  5. Inflation at 9.73% in October versus 9.72% in September.

    FM expects GDP growth of Q2FY2012 below 7.7%.

    ‎[Coal India Ltd.] Q2 consolidated net profit at Rs2593.11 crore.

    [Bharat Heavy Electricals Ltd.] Q2 net profit spurts 24%.

    [Cipla Ltd.] Q2 net profit rises by 17%.

  6. [Maruti Suzuki India Ltd.] hikes diesel car prices by Rs 2 - 10,000

    ‎[Gujarat Mineral Development Corporation Ltd.] Q2 net profit surges by 12%.

    Petrol prices likely to decrease by Rs 2 a litre

    Government mulls 10% stake sale in [Oil India Ltd.].

  7. Bank advances grow 18.4%.

    ‎[UltraTech Cement Ltd.] to invest Rs11,000 crore to hike production capacity.

    ‎[Bharti Airtel Ltd.] raises international long distance tariffs.

    ‎[Marico Ltd.] to scale up food business.

    SEBI considers circuit filter on listing days.

    Food inflation eases to 10.63% Vs 11.81%.

    Cabinet approves 26% FDI in pension sector.

    2G scam: Top ADAG official objected to statement recorded by CBI.

  8. [Bharti Airtel Ltd.] falls after CBI raid.

    ‎[Reliance Industries Ltd.] slips as oil min sanctions 'scrupulous' action.

    ‎[NMDC Ltd.]-Severstal steel plant likely by 2017.

    Strike at [Dr. Reddy's Laboratories Ltd.] Srikakulam unit called off.

    ‎[Kingfisher Airlines Ltd.] gains as govt asks LIC to buy 10% stake.

    ‎[Reliance Industries Ltd.] gets nod for capex till FY08 in KG-D6 gas field.

    ‎[ITC Ltd.] to take 2 yrs to launch a dairy brand.

  9. ‎[Steel Authority of India (SAIL) Ltd.] to boost its iron ore purchase in 2013.

    Rupee hits record low, FM says RBI intervention will not help.

    Fitch affirms 'AA' rating for [Jammu & Kashmir Bank Ltd.].

    ‎[Bharti Airtel Ltd.] Offers Cellphone Health Advisory Services.

    ‎[Force Motors Ltd.] hits 20% upper circuit on stake sale plan.







  10. [Prism Cement Ltd.] unit buys 50% stake in Small Tiles.

    Draft Cabinet note for 26% FDI in aviation.

    Sugar companies gain after the government allowed one million tonnes of sugar export.

    Property prices in 9 cities fall in Sept quarter.

    Telcos ask to PM for refund of 3G spectrum payment.

    [Oil And Natural Gas Corporation Ltd.] withdraws papers for FPO.

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