Sensex Surges 106 Points In Opening Trade
Submitted by Neeta Aurora on Fri, 04/23/2010 - 05:14.
A benchmark index for Indian equities was ruling 106 points up as against its last closure, minutes into trade.The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which belled the day at 17,533.88 points, gained 106.06 points to trade at 17,680.05 as compared to its previous close at 17,573.99.
At the National Stock Exchange (NSE), the broader 50-share S&P CNX Nifty stood at 5,297.3, up 0.53% as against its last closure at 5,269.35.
Broader stock market indices were, however, a little subdued at this time.
Wipro Q4 Net Up 21% To Rs 1209 Crore
Submitted by Sumeet Kak on Fri, 04/23/2010 - 05:10.
For three month period ended March 2010, Wipro Ltd recorded a growth of 21% in its net profit, which stood at Rs 1209 crore. In a regulatory filing, the IT giant said that its total revenue for the fourth quarter (Q4) climbed 8% YoY to Rs 6983 crore.
Under the International Financial Regulatory Standard (IFRS), the company net income during the quarter under review was $269 million and total revenue $1.55 billion.
Distressed babies left to cry are at greater risk of developing problems later in life
Submitted by Piyush Diwan on Fri, 04/23/2010 - 05:03.
A childcare expert has said that distressed babies who are left to cry are at greater risk of developing problems later in life.Dr Penelope Leach, author of the 1977 book "Your Baby And Child: From Birth To Age Five," said that long periods of crying can damage developing brains, leading to learning difficulties later in life.
She said "It is not an opinion but a fact that it's potentially damaging to leave babies to cry."
17,587/5,274 Is The Trend Deciding Level For Today: Angel Broking
Submitted by Shalini Kakkad on Fri, 04/23/2010 - 04:56.
Indian equities opened the day negatively after gaining 0.58% during the previous working day. Today, the 30-share index, BSE Sensex belled the day after losing 40.11 points at 17,533.88. The BSE Sensex, on Thursday, marked its closure with a gain of 101.43 points.
At 9:20 a. m., Sensex stood at 17,679.55, up 105.56 points, after hitting a high of 17,693.28 and a low of 17,533.88. In the meantime, Nifty gained 25.45 points at 5,294.80. Nifty hit a high of 5,300.55 and a low of 5,269.65.
Intraday Buy Call For UCO Bank
Submitted by Malini Ranade on Fri, 04/23/2010 - 04:53.
Technical Analyst Salil Sharma is bullish on UCO Bank and maintained 'buy' rating on the stock to achieve an intraday target of Rs 69.According to him, interested traders can purchase the stock with a stop loss of Rs 61.
The shares of the bank, on April 22, closed at Rs 63.70 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 65 and a low of Rs 28.40 on BSE.
U.S. Producer Price Index for finished goods rose 0.7 percent in March
Submitted by Amanda Lysak on Fri, 04/23/2010 - 04:49.
The Bureau of Labor Statistics reported on Thursday that the U. S. Producer Price Index for finished goods rose 0.7 percent from February to March.The department said that for the month, finished food prices rose 2.4 percent while finished energy prices for producers rose 0.7 percent after a 2.9 percent decline in the previous month. Core inflation, the figure that excludes food and energy prices, rose 0.1 percent in March.
Buying ecologically friendly products is big business, say U.S. and British observers
Submitted by Amanda Lysak on Fri, 04/23/2010 - 04:34.U. S. and British observers have said that buying ecologically friendly products is big business and, for many, a big guessing game, subject to debate and subterfuge.
USA Today reported on Thursday that researchers at Mintel International Group said products that billed as green or environmentally friendly was a $722 billion business in 2009, up 41 percent from five years earlier.
Author Rona Berg, considered an expert on eco-friendly options in personal care products, said, "Green-washing is rampant."
Green-washing refers to marketing a product as green, when it really isn't.
Boeing fielding new software for the Small Diameter Bomb Increment I
Submitted by Jimmy Peterson on Fri, 04/23/2010 - 04:22.
It was fielding new software for the Small Diameter Bomb Increment I to upgrade system capabilities, U. S. defense contractor Boeing said on Thursday.The Small Diameter Bomb Increment I is a 250-pound, precision-strike weapon that has a steel-cased penetration blast-fragmentation warhead.
It was fielding Block 09 software for the SBD I to update its operational concept, Boeing said.
Buy Punj Lloyd To Achieve Target Of Rs 185
Submitted by Shilpa Mahapatre on Fri, 04/23/2010 - 04:11.
Technical analyst Somil Mehta of Sharekhan is of the view that investors can buy Punj Lloyd stock to achieve a target of Rs 185 in 2-3 trading sessions.According to him, the investors will buy the stock with a strict stop loss of Rs 157.
Today, the shares of the bank opened at Rs 168 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 298.80 and a low of Rs 108 on BSE.
Current EPS of the stock is -1.96 respectively.
3G Users In China To Reach 15 Million By 2011
Submitted by Shilpa Mahapatre on Fri, 04/23/2010 - 04:02.
According to reports, the number of 3G mobile telecommunication users in China has hit 18.08 million during the last month.Zhu Jun, deputy director of the telecom development department of the Ministry of Industry and Information Technology (MIIT), stated that China Mobile got the biggest 3G market share, which stood at 42.5%, accompanied by China Telecom at 30.8% and China Unicom at 26.7%.
Amazon Posts 68% Growth In Profit
Submitted by Bhuvan Kala on Fri, 04/23/2010 - 03:55.
Online retail giant Amazon announced a 68% growth in its quarterly earnings on the back of strong sales figures.The Seattle-based retailer stated that its net income for the said quarter stood at $299 million as compared to $177 million in 2009.
Revenue increased by 46% to $7.13 billion.
The company's best seller was its electronic book reader, the Kindle, Amazon said, adding that the Kindle Store now has more than 500,000 books and 175 top publications.
Continental Airlines Posts Loss In Q1
Submitted by Sumeet Kak on Fri, 04/23/2010 - 03:50.
Continental Airlines has announced bigger-than-expected first-quarter losses as higher jet fuel costs aroused operating costs.Continental CEO Jeff Smisek stated that he was dissatisfied with the quarterly outcomes that were affected by the feeble financial system.
Moreover, the company's functions were hampered by paralyzing snow storms this year.
The fourth-largest US carrier said that its losses broadened to $146 million as against $136 million during the corresponding period last year.
Microsoft Q3 Net Income Up 35%
Submitted by Sumeet Kak on Fri, 04/23/2010 - 03:47.
Software giant Microsoft said that the introduction of Windows 7 actuated its third-quarter revenue, which stood at $14.5 billion, a 6% growth from a year ago.Microsoft's net income surged 35% to $4 billion as against the same quarter of 2009.
Chief financial officer Peter Klein stated, "Windows 7 continues to be a growth engine, but we also saw strong growth in other areas like Bing search, Xbox LIVE and our emerging cloud services."
Flamboyant send-off for ‘Sex Pistol” president
Submitted by Ashok Rao on Thu, 04/22/2010 - 22:56.
The former President of Sex Pistol, Malcolm McLaren was given a suitably flamboyant send-off at his funeral in North London. His coffin was emblazoned with words "Too fast to live, too young to die". The words were taken from his shop on king's Road, London's centre of punk fashion in 1970s. Later it was named "Sex".
The funeral was joined by McLaren's former Partner Dame Vivienne, Tracey Emin, 80s pop star Adam Ant, Joseph Core and Young Kim.
Warwick, the dwarf, to be seen in ‘Life is too short’
Submitted by Andy Cooper on Thu, 04/22/2010 - 22:55.
The creators of 'The Office' and 'Extras' are coming together again with a new comedy show 'Life is too short" on BBC2. As per reports, the show will star the lead actor of the movie Willow, Warwick Davis, who has also been featured in movies Harry Potter and Star Wars.
Ricky Gervais and Stephen Merchant are collaborating for the comedy series "Life is too short". Warwick will be playing a dwarf and the observation comedy would follow Warwick's (dwarf's) day to day frustrations where in a small world big thing happen.
Oasis attacker under 12-month house arrest
Submitted by Ashok Rao on Thu, 04/22/2010 - 22:48.
Daniel Sullivan, the man who attacked Noel Gallagher during Canadian Oasis concert in 2008, has been sentenced 12 months house arrest.The attack on Gallagher had cost him three broken ribs. During the concert Sullivan pushed Gallagher from behind forcing him into a monitor.
It's been two years to the incident, but so far no one has been able to find out how Sullivan breached the security to reach the stage. Even Sullivan is unable to answer the question on how he reached there. He said that he was too drunk to remember that.
Helen says Britons are more than just villains
Submitted by Andy Cooper on Thu, 04/22/2010 - 22:40.
Helen Mirren is disappointed with Hollywood's practice of casting British actors in negative roles only.She said in a statement that it's very unfortunate that villain in every movie is always a British. During an event to celebrate the British success in Hollywood, she said that Britons are easy targets to be cast as villains.
It should be noted that from George Sanders as Sher Khan in animation series, The Jungle Book to Peter Cushing's slipped vowels in Star Wars the English accent has become an essential part of Hollywood baddies.
Son saves father with a bottle of coke
Submitted by Shalini Kakkad on Thu, 04/22/2010 - 22:37.
Andrew Wythe, who accidentally set himself on fire while pouring petrol on the bonfire, was saved by his son with a bottle of coke.The quick thinking son, Nicholas, immediately took a bottle of coke shook it up and sprayed it all over his father's body when he saw him in fire.
Andrew, an office temp, said that when he screamed for help to son, he first panicked a bit, but soon grabbed the 2-litre bottle of coke and sprayed it all over his body.
Doyle and Graham believe that they deserved the reward
Submitted by Ashok Rao on Thu, 04/22/2010 - 22:32.
Graham and four other were accused of plotting to ransom the stolen Leonardo da Vinci's masterpiece for more than £4million. The detectives Graham and John Doyle took the picture in a car park in Hale in Cheshire, kept that in their motor and drove to Scotland.
They forced by the bad weather to stop at Lockerbie Manor Hotel in Dumfriesshire. They posed with the masterpiece there.
As per the Police, both thought that they could succeed in their venture, but could not manage to.
Cinema gets a new king
Submitted by Ashok Rao on Thu, 04/22/2010 - 22:22.
Thomas Anderson, the owner of Empire Cinemas has purchased Pearl & Dean for £1. With this acquisition, he has become the second largest seller of film advertising.65-year old Anderson owns Empire Cinemas and Ward Anderson Cinema chain, the largest in Ireland. Ward Anderson was found by his father Kevin, who established the business with his half brother Leo Ward in late 1940s. The group made the first purchase in 1955.
Thursday, April 22, 2010
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