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Fortis shares up on Khazanah's likely offer for Parkway

26 Jul 10 04:23 PM
NEW DELHI: Shares in India's Fortis Healthcare rose as much as 4.6 percent on Monday, after sources told Reuters Malaysian state investor Khazanah was poised to offer to buy all outstanding shares of Singapore's Parkway Holdings, bettering Fortis' offer. Khazanah's latest offer will be around S$3.95..

Maruti Suzuki hits 52-wk low on poor Q1 results

26 Jul 10 12:49 PM
Maruti Suzuki touched a 52-week low of Rs 1,202.40. At 09:05 hrs the share was quoting at Rs 1,250, down Rs 108.25, or 7.97%.

The company has announced its first quarter results. The company's Q1 net profit was down 20.37% at Rs 465 crore versus Rs 584 crore. Its net sales were up 26.98% at Rs 80..

United Bank of India

26 Jul 10 11:00 AM
United Bank of India has declared its results for the quarter ended June 2010. It has reported net profit at Rs 108 crore as against Rs 70.3 crore (YoY).

Net interest income was nearly doubled to Rs 508 crore from Rs 264 crore (YoY).

BSE scouting for regional partners

26 Jul 10 10:54 AM
NEW DELHI: The Bombay Stock Exchange today said it is in talks with some regional bourses for a possible partnership, a strategic move to increase its footprint in the country.

"We are looking for alliances with some regional stock exchanges. We are in talks with some of them," BSE Deputy CEO Ash..

Sensex opens 124 points up on strong global cues

23 Jul 10 12:48 PM
The Bombay Stock Exchange benchmark Sensex rose further by over 124 points in early trade on Friday on sustained buying by funds amid a firming trend in the Asian region, driven by overnight gains in US markets. The 30-share index, which had gained 135.92 points in the previous session, added
anoth..
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