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Friday, October 12, 2007

Sensex ends down 363pts at 18,451

Mirroring weakness in the global maretks, the Sensex opened marginally lower at 18,795 - down 19 points. After slipping a bit further, the index rebounded into the positive zone and touched a fresh all-time intra-day high of 18,845 - up 31 points from the previous close.

However, the index was unable to hold gains for long and instead slipped back into red. A fresh round of profit-taking in the last session saw the index tumble to a low of 18,336 - down 509 points from the day's high.

The Sensex finally ended (provisional) with a loss of 363 points at 18,451, after having gained 1,323 points in the last three trading days.

Thursday, October 11, 2007

Infosys Tech Q2 net up 18% at Rs 1,100 cr

Software major Infosys Technologies' consolidated net profit after tax increased 18.41 per cent at Rs 1,100 crore for the quarter ended September 30, as compared to Rs 929 crore for the same quarter last year.

The total income of the group increased 21.13 per cent to Rs 4,260 crore for the second quarter, from Rs 3,517 crore for the corresponding quarter of the previous year, the company informed the Bombay Stock Exchange.

Infosys posted net profit after tax of Rs 1,074 crore on standalone basis for the quarter ended September 30, compared to Rs 896 crore for the same quarter last year.
The total income of the company was Rs 4,005 crore for the second quarter ended September 30, as against Rs 3,339 crore in the corresponding quarter a year ago.

Wednesday, October 10, 2007

SBI cuts rates for new retail loans

State Bank of India (SBI) said on Wednesday that it had cut interest rates on new loans for homes, automobiles and farm equipment in a festival season offer that runs until the end of 2007.

Home loan rates were lowered by 0.50-1.0 per cent, while loans for cars and two-wheelers have been reduced by 1.0 per cent, the bank said in a statement.

Sunday, October 07, 2007

Koutons Retail India Limited IPO Allotment Completed

Click here to view the IPO allotment status of Koutons Retail India Limited

http://203.199.177.158/kristel/krilipo.asp

Happy Investing
Koutons Retail India Limited IPO Allotment Completed

Click here to view the IPO allotment status of Koutons Retail India Limited

http://203.199.177.158/kristel/krilipo.asp

Happy Investing

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