•    Suzlon Energy is exploring ways to raise finance, including private equity placement, for funding its operations and growth plans. (BS) •    KEC International had bagged two orders worth Rs. 2.91 bn from Power Grid Corporation of India. (BS) •    Areva T&D has bagged the first private sector ultra high voltage generator transformers order from [...]

Corporate News Headline •    Reliance Industries is planning to sell petrol and diesel from its twin refineries at Jamnagar in Gujarat directly to the US. (ET) •    Ashok Leyland has reduced its investment size and plans to save Rs. 10 bn in the next three years, as part of a conscious effort to trim its [...]

Corporate News Headline •    Maytas Infra has sought extension of time to achieve financial closure for the Rs. 121.32 bn Hyderabad Metro Rail Limited project. (BS) •    Maytas Infra has sought extension of time to achieve financial closure for the Rs. 121.32 bn Hyderabad Metro Rail Limited project. (BS) •    Bharat Petroleum sold Rs. 950 [...]

Corporate News Headline •    HCL Technologies signed a seven-year total IT outsourcing services engagement with Readers Digest Association worth USD 350 mn. (BS) •    ONGC has agreed to sell 19% stake in ONGC Petro-additions Ltd to GAIL for Rs. 124.4 bn. (BS) •    Essar Oil has deferred expansion of its Vadinar refinery in Gujarat by [...]

Buy Akruti City above Rs 1210. Stop Loss of Rs 1187, target of Rs 1239-Rs 1247-Rs 1270. (Intra-day/Positional Call) Please read the Disclaimer .

Corporate News Headline •    Tata Motors has entered into an understanding with State Bank of Travancore for financing its range of passenger vehicles. (BS) •    IIFCL is planning to raise USD 250 mn from overseas market for funding seven projects, including Reliance Power Sasan power project and Tata Power’s Mundra power project. (BS) •    National [...]

Buy Dena Bank on declines with stop loss of Rs 28 for a target of Rs 36 Buy Nifty 2600 March Call at Rs 69 Please read the Disclaimer .

Corporate News Headline •    Tata Communications has dropped the option of rights issue as of now and will incur a capex of USD 400-500 mn in 2009-10. (BS) •    Nagarjuna Construction has bagged three new contracts aggregating Rs. 2.63 bn. (BS) •    Cairn India is planning to spend as much as USD 1.8 bn in [...]

Sell Tata Steel on rallies with stop loss of Rs 168 for targets of Rs 145-Rs 140 Buy McLeod Russel only on sharp decline with a stop loss between Rs 42-Rs 40 for short-term targets of Rs 54—Rs 58 Please read the Disclaimer .

Corporate News Headline •    KEC International has bagged three orders aggregating Rs. 3.65 bn from different vendors for construction of transmission lines. (BS) •    Satyam Computer has received approval from the SEBI to facilitate a global competitive bidding process which enables it to select an investor to acquire a 51% interest in the company. (BS) [...]