BHEL FY12
• BHEL FY12 provisional turnover 493.01 bln rupees vs 433.37 bln
• BHEL FY12 provisional net profit 68.68 bln rupees vs 60.11 bln

CNBC TV-18: PTC Fin Services : Sold 14% stake in Indian Energy Exchange for 70 cr rupees

03-04-2012

LIVE NEW: 

BLOOMBERG : 

• US court OK for class action suit against TCS for wage violation

• TCS ex-staff allege co broke standard employment contract

 DATA ALERT FROM OVERSEAS
• EU PPI for Feb.
• EU GDP, third estimate for fourth quarter.
• FRANCE CPI for Feb.
• US ICSC CHAIN STORE SALES INDEX for week to Mar 31.
• US JOHNSON REDBOOK RETAIL SALES INDEX for week to Mar 31.
• GERMANY IFO EURO-ZONE ECONOMIC OUTLOOK for third quarter.

Result today : GM Breweries




MARKET NEWS:

 • UK seeks Vodafone's exclusion from retrospective tax levy by India
• SEBI allows stock exchanges to list but sets stiff riders
• Govt cuts depreciation rate for windmills to 15% from 80%
• DBS Bank infuses 5.08 bln rupees more to expand India ops (NW18)
• Marico eyeing 5-bln-rupee stake sale to fund Paras Pharma's division buy

• ESSAR OIL: The Supreme Court has admitted a petition filed by the income tax department alleging that the company cannot claim tax benefit for services provided for oil and gas exploration in Oman and Qatar.
• GODREJ PROPERTIES: ASK Property Investment Advisors has invested 1 bln rupees in the company's redevelopment project in Mumbai.
• GUJARAT GAS: Redeems 14.4 mln non-convertible preference shares of BG Asia.
• HERO MOTOCORP: Despatched 528,290 units in March, a year-on-year growth of 2.4%.
• HINDUSTAN CONSTRUCTION CO: Subsidiary Lavasa Corp could be revisiting its initial public offer plans soon.
• HINDUSTAN COPPER: Has put in bids for four gold and copper mines in Afghanistan in consortium with STEEL AUTHORITY OF INDIA.
• Marico shr up 1%; report co may sell shr to fund Paras Pharma buy
• Diamant Infra shrs up 2% as co gets 1.06-bln-rupee road order