Banks to be eyed: FDI rules -: Government open to reviewing FDI rules for banking sector: -New amendments not likely to be in place before the election -If needed government open to reviewing FDI norms for other sectors as well.
KPIT Cummins: R1: 41.1, R2: 42.1, R3: 43.1, S1: 39.1, S2: 38.1, S3: 37.1.
KPIT Cummins FY09 YoY -Net sales up 36% at Rs 793 cr vs Rs 583 cr -Net profit up 28% at Rs 658 cr vs Rs 513 cr -EPS of Rs 8.41 vs Rs 6.55 -EBITDA margins at 23.1% vs 12.6%
Godfrey Phillips: R1: 1060, R2: 1120, R3: 1240, S1: 880, S2: 760, S3: 700.
Philip Morris, Modis settle Marlboro row (Both hold 36% stake each in Godfrey Phillips)
3i Infotech: R1: 47, R2: 49.5, R3: 51.5, S1: 42.5, S2: 40.5, S3: 38.
3i Infotech to acquire JP Morgan Treasury Services' national retail lockbox business
Pennar Industries: R1: 24.1, R2: 25.1, R3: 25.7, S1: 22.4, S2: 21.8, S3: 20.8.
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