TVS Motor Co Ltd, India's third largest two-wheeler maker, said on Tuesday it does not have any plans to buy the assets of LML Ltd.
LML shares, which were up 20 percent earlier in the day on reports TVS was looking to buy its assets, later pared gains to trade up 11.97 percent at 13 rupees.
LML in a separate statement also said the report of asset sale was incorrect.
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Tuesday, July 13
by
Bhavesh
on Tue 13 Jul 2010 06:44 PM IST
by
Bhavesh
on Tue 13 Jul 2010 12:20 PM IST
Mumbai : The Bombay Stock Exchange benchmark
Sensex fell by over 46 points in the opening trade today, as
investors sold stocks after IT bellwether Infosys Technologies
reported a 2.42 per cent decline in its consolidated net
profit.
Read this complete story
by
Bhavesh
on Tue 13 Jul 2010 11:41 AM IST
Infosys Technologies Ltd , India's No. 2 software services exporter,
lagged market estimates with a surprise 2.6 percent drop in quarterly
profit as the European debt crisis and salary increases took shine off
improving U.S. demand.
Read this complete story
by
Bhavesh
on Tue 13 Jul 2010 11:34 AM IST
Calling the GSM lobby, COAI, an obstacle in the growth of the Indian
telecom industry and its functioning undemocratic, biased and unethical,
Tata Teleservices today resigned from the core membership of the
association.
Read this complete story
by
Bhavesh
on Tue 13 Jul 2010 11:31 AM IST
Just a day prior to the first quarter results of IT bellwether Infosys
Technologies, the domestic equity markets on Monday rallied on
expectation of robust numbers from the India Inc. While the broader
50-share NSE Nifty closed at its 29-month high, the 30-share BSE Sensex
ended at a three-month high after briefly crossing the psychological
18,000-mark during intra-day trade.
Read this complete story
by
Bhavesh
on Tue 13 Jul 2010 11:28 AM IST
NTPC will pull the plug on a 4,000 mega watt (MW) power plant proposed
in Uttar Pradesh after the maharatna giant and the Mayawati government
fell out on how much electricity should be allocated to the power
deficit state.
Read this complete story |
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