The Telecom Regulatory Authority of India (TRAI) has recommended certain measures in the licensing policy ranging from issues like the entry limit and spectrum allocation, merger & acquisition (M&A) guidelines, usage of technologies and rollout obligations.
The recent policy initiatives are favourable for Reliance Communication as it sets the framework for its proposed rollout of services […]

Company details

Price target: Rs326
Market cap: Rs5,291 cr
52 week high/low: Rs321/195
NSE volume: 65,842
(No of shares)
BSE code: 500302
NSE code: NICHOLASPIR
Sharekhan code: NICHPI
Free float: 10.5 cr

Key points

Nicholas Piramal India Ltd (NPIL) is planning to restructure its research and development (R&D) division by spinning off its new chemical entity (NCE) research unit into a separate entity. The company is holding a board meeting on […]

Company details

Price target: Rs690
Market cap: Rs1,701 cr
52 week high/low: Rs638/184
NSE volume: 5.8 lakh
(No of shares)
BSE code: 532541
NSE code: NIITTECH
Sharekhan code: NIITTECH
Free float: 2.3 cr

According to media reports, the promoters of NIIT Group are looking to sell the 25% stake in NIIT Technologies (NIIT Tech) that is currently held by NIIT Limited. This much-awaited trigger in the stock is likely to unlock […]

Volatile trading session ended with modest gains as bulls say good bye to the August series. Markets extended its gains to fourth straight day led by gains in the index heavyweights like RIL, ICICI Bank, R Com and Infosys. Even the International markets aided much needed support to the Indian bulls to hold on to […]

Fidelity Fund Management today announced the launch of the Fidelity India Growth Fund, an open ended, diversified equity fund which will invest largely in growth oriented companies in Indian and international markets to deliver long term capital appreciation. The Fidelity India Growth Fund’s new fund offer (NFO) will remain open from September 3 - 26, […]

Ranbaxy Laboratories Ltd receives tentative approval from U.S. Food and Drug Administration to manufacture and market Galantamine Hydrobromide Tablets, 4mg (base), 8mg (base), and 12mg (base). Galantamine is indicated for the treatment of mild to moderate dementia of the Alzheimer’s type.
Total annual market sales for Razadyne were $130mn (IMS - MAT: June 2007). “This tentative […]

The market attracted considerable buying interest for the fifth straight session on firm global cues and gained nearly 200 points in early trades. The Sensex resumed with a huge positive gap of 176 points at 15,169. The market was range-bound with a positive bias, but the index lost some ground in the late morning trades […]

Acrow India Ltd has informed that the Register of Members & Share Transfer Books of the Company will remain closed from September 22, 2007 to September 29, 2007 (both days inclusive) for the purpose of payment of dividend & Annual General Meeting (AGM) of the Company to be held on September 29, 2007.
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