STOCK BUZZ

The most recent H-1b quota update shows that the number of H-1b visas used so far has held steadily at 44,900. This number has been the same since about the middle of May For mroe details please refer to following article http://imminfo.com/Newsletter/2009-8/H1B_update.html

The rapid and unexpected fifteen month advance of the China/India EB cutoff date is not necessarily cause for optimism. At first glance, it should be cause for celebration. A closer analysis of the facts, however, reveals otherwise.   For more details read following article     Source ::   http://imminfo.com/Newsletter/2009-8/2009-8.html    

Avaya GLobalConnect (AGC) today announced that Tata Consultancy Services (TCS) will be its technology partner for managing and overseeing the company's total internal IT outsourcing needs. Under the multi-year deal, TCS will assume responsibility of AGC's internal IT operations. Avaya GlobalConnect is leading solutions integrator in areas of Unified Communication, Contact Centers and IP Telephony, with focus on accelerating customer's business across industry verticals. Anil Nair, Managing Director, Avaya GlobalConnect said, "For us, scalability and cost-control are essential to tap the enormous potential of India market, expand customer base and sustain our leadership position. Outsourcing our IT systems to TCS will allow us invest the accruing savings towards growth and customer responsiveness." G Srinivasa Raghavan, Country Head, India Business, TCS said, "We will provide comprehensive IT solution for AGC's business needs and work with them on a w...

The US Citizenship and Immigration Services said it has received approximately 49,000 H1B petitions till August seven counting toward the Congressionally-mandated 65,000 cap, more than four months after it started accepting applications for visas for the 2010 fiscal begining this October. This is in contrast to the previous years when the USCIS had to resort to computerised draw of lots as it received petitions outnumbering several times more than the Congressional mandated cap of 65,000 within the first few days after it started receiving H-1B applications. The figure of 20,000 slots in the vacant category has remained almost the same for the past two months. This is also due to a large number of rejections of H-1B petitions. Indian IT professionals have been a major beneficiary of H-1B visas, figures released in the past have said. An additional 20,000 H-1B can also be issued to those foreign professionals, who have masters or higher degree from the US.Though the USCIS received 20,00...

Source :: Yahoo India   Microsoft Corp and Yahoo Inc have agreed to an online search and advertising partnership, in an attempt to rival Google Inc, that will be announced within 24 hours, a source familiar with the situation said on Thursday. Microsoft will not pay an upfront fee to Yahoo!, and the focus of the deal is on sharing revenue between the two companies, said the source, who did not want to be identified because a formal announcement has not been made. The news and details of the expected deal were first reported by the AllThingsDigital blog and Advertising Age. Microsoft and Yahoo! declined comment. The two companies have talked for months about cooperating in the online advertising market, dominated by Google. Microsoft tried to buy Yahoo! last year but its $47.5 billion bid was rebuffed and Yahoo!'s attempt to seal a search advertising deal with Google Inc fell apart under regulatory scrutiny. Under the expected deal, Microsoft's new Bing search engine wi...

02:05 PM Wednesday, 24 June Simi Bhaumik, technical analyst recommends investors to buy Unitech on dips with a target of Rs 89-100 and stop-loss of Rs 71-60. Source : ZEE BUSINESS 01:42 PM Wednesday, 24 June Hold HPCL with targets of Rs 311 and then 340, says Prakash Gaba, technical analyst. Keep stop-loss of Rs 295, he adds. Source : CNBC AWAAZ 01:41 PM Wednesday, 24 June Technical analyst, MB Singh recommends investors to hold IVRCL Infra and exit on rally at Rs 340. Keep stop-loss of Rs 280, he adds. Source : ZEE BUSINESS 01:38 PM Wednesday, 24 June Rajat Bose, technical analyst recommends investors to buy ONGC with stop-loss of Rs 998. If it crosses Rs 1,030 then it will go up to Rs 1,070 and then 1091, he adds. Source : CNBC AWAAZ 12:58 PM Wednesday, 24 June MB Singh, technical analyst recommends investors to hold Power Grid with target of Rs 160-170 in the long term. Buy more on dips, he adds. Source : ZEE BUSINESS 12:55 PM Wednesday, 24 June Kiran Jadhav,...

Source : livemint.com   The acquisition of Great Offshore Ltd by Bharati Shipyard Ltd's will be much more expensive than earlier anticipated. On the one hand, rival ABG Shipyard Ltd has announced a counter-offer for Great Offshore's shares at Rs375 per share, higher than Bharati's original offer of Rs344 per share. Besides, Bharati has gone ahead and acquired a 4.58% stake in the company for Rs68.5 crore, at an average Rs403 per share. It has also said that it will increase its bid price for the open offer. Given the likelihood that ABG Shipyard would follow suit, there could well be a bidding war and the final acquisition price could be much higher. It's not surprising then that Bharati Shipyard's shares fell 5% on Tuesday. The primary concern about the rising cost is that all of it would have to be funded through expensive debt. A successful open offer would mean that the company's gearing would rise even more at a time when the shipping industry is goin...

01:33 PM Tuesday , 23 June Neera Jain of crnindia.com recommends investors to hold Biocon with a target of Rs 220 where one can exit and keep a stop-loss of Rs 180. Source : NDTV PROFIT 01:32 PM Tuesday , 23 June Ashwani Gujral, technical analyst advises investors to hold McLeod Russel with a target of Rs 115-130. Source : CNBC AWAAZ 01:30 PM Tuesday , 23 June Hold Tata Motors with a stop-loss of Rs 318, says Nitin Muraka of SMC Global Securities. The long-term uptrend is intact, he adds. Source : ZEE BUSINESS 01:28 PM Tuesday , 23 June Ashwani Gujral, technical analyst recommends investors to buy Sesa Goa with a target of Rs 225. Source : CNBC AWAAZ 12:45 PM Tuesday , 23 June Neera Jain of crnindia.com recommends investors to hold Unitech with a target of Rs 90-92 and keep a stop-loss of Rs 70. Source : NDTV PROFIT 12:15 PM Tuesday , 23 June Technical analyst, Ashwani Gujral recommends investors to hold Tech Mahindra with a target of Rs 800 and support of Rs...

01:56 PM Monday , 22 June Buy Voltas with target of Rs 144, says Ashwani Gujral, technical analyst. Source : CNBC TV18 01:54 PM Monday , 22 June Prasad Kushe, technical analyst advises investors to buy Ispat Industries at Rs 20 with short-term target of Rs 30. Source : CNBC AWAAZ 01:53 PM Monday , 22 June Hemen Kapadia, technical analyst advises investors to hold Ashok Leyland because there is still some upside left in it. It has support at Rs 28 and resistance at Rs 38, he adds. Source : NDTV PROFIT 01:52 PM Monday , 22 June Hold Renuka Sugar with a stop-loss of Rs 124, says MB Singh, technical analyst. Source : ZEE BUSINESS 12:17 PM Monday , 22 June Technical analyst, Simi Bhaumik recommends investors to sell Mahindra & Mahindra at Rs 732 with target of Rs 721. Keep stop-loss of Rs 745, she adds. Source : ZEE BUSINESS 12:16 PM Monday , 22 June Anil Singhvi, market expert advises investors to buy Reliance Communications with intra-day target of Rs 325. Kee...

12:17 PM Friday , 19 June Hold Spicejet with stop-loss of Rs 19, says Ramesh Arora, technical analyst. It has resistance at Rs 24 crossing which it can go to Rs 29, he adds. Source : ZEE BUSINESS 12:17 PM Friday , 19 June Technical analyst, MB Singh recommends investors to hold YES Bank with target of Rs 142. It is trading in a range of Rs 117-140, he adds. Source : ZEE BUSINESS 12:15 PM Friday , 19 June Ramesh Arora, technical analyst recommends investors to hold Suzlon Energy with stop-loss of Rs 97. It has resistance at Rs 107 crossing which it can go to Rs 120, he adds. Source : ZEE BUSINESS 12:14 PM Friday , 19 June Akshita Deshmukh, technical analyst recommends investors to buy RNRL at Rs 84-85 with target of Rs 120. Source : CNBC AWAAZ 12:12 PM Friday , 19 June Santosh Sahu, Reseach analyst recommends investors to buy NTPC at Rs 197.70 with a stop-loss of Rs 191 for delivery target of Rs 212-215. Source : IRIS 11:30 AM Friday , 19 June Mitesh Thacker, tec...

02:27 PM Thursday , 18 June Reseach analyst Santosh Sahu recommends investors to buy PRAJ at Rs 91.85 with a stop-loss of Rs 84.00 for delivery target of Rs 102-105. Source : IRIS 01:15 PM Thursday , 18 June Ashwani Gujral, technical analyst recommends investors to buy Bajaj Hindustan at Rs 195-200 with target of Rs 235-240. Source : CNBC TV18 01:13 PM Thursday , 18 June Raj Kishore Bang of Sixth Sense advises investors to buy PNB at Rs 550-575 with short-term target of 15%. Long-term investors can keep stop loss of Rs 500 with target of 35%, he adds. Source : CNBC AWAAZ 01:10 PM Thursday , 18 June Vasudeo Kamlakant, technical analyst advises investors to hold Axis Bank with targets of Rs 750, 770 and then 805. Keep stop-loss of Rs 685, he adds. Source : NDTV PROFIT 12:40 PM Thursday , 18 June Anil Singhvi, market expert recommends investors to buy Zandu Pharma with intra-day target of Rs 7,600. Keep stop-loss of Rs 7,200, he adds. Source : CNBC AWAAZ 12:34 PM ...

02:00 PM Wednesday, 17 June Technical analyst, Simi Bhaumik recommends investors to hold Ispat Industries with stop-loss below Rs 20. It has resistance at Rs 30 crossing which it can go high, she adds. Source : ZEE BUSINESS 01:58 PM Wednesday, 17 June Prakash Gaba, technical analyst advises investors to buy Allahabad Bank at Rs 70 with target of Rs 102. Source : CNBC AWAAZ 01:57 PM Wednesday, 17 June Buy GMR Infra on dips and hold for long term, says Ashish Kapur of Invest Shoppe. Fundamentally, it is a strong stock, he adds. Source : NDTV PROFIT 01:57 PM Wednesday, 17 June Buy Jet Airways at Rs 230 with target of Rs 360, says Prakash Gaba, technical analyst. Source : CNBC AWAAZ 01:56 PM Wednesday, 17 June Simi Bhaumik, technical analyst recommends investors to buy SBI at Rs 1,700 with stop-loss of Rs 1,670. Keep short-term target of Rs 1,765 and medium-term target of Rs 1,820, she adds. Source : ZEE BUSINESS 12:16 PM Wednesday, 17 June Anu Jain, technical anal...

02:36 PM Tuesday , 16 June Pradeep Surekha, technical analyst advises investors to hold Oswal Chemicals with target of Rs 29. Keep stop-loss of Rs 22.30, he adds. Source : ZEE BUSINESS 02:35 PM Tuesday , 16 June Technical analyst, Hemen Kapadia recommends investors to buy SBI with target of Rs 1,745. Keep stop-loss of Rs 1,685, he adds. Source : CNBC AWAAZ 02:34 PM Tuesday , 16 June V Sundar Raja, technical analyst advises investors to buy IOC if it closes above Rs 570. Keep stop-loss of Rs 540, he adds. Source : NDTV PROFIT 02:32 PM Tuesday , 16 June Buy L&T at Rs 1,200 and then hold for 2-3 years, says Atul Mehra of Bharat Bhusan Securities. It is fundamentally a sound stock, he adds. Source : NDTV PROFIT 01:38 PM Tuesday , 16 June Hold RIL which is still in an uptrend, says V Sundar Raja, technical analyst. It has support at Rs 2,150 and resistance at Rs 2,300, he adds. Source : NDTV PROFIT 01:37 PM Tuesday , 16 June Nitin Murarka of SMC Global recommends ...

JUNE 16th 2009 Tata Consultancy Services announces 500% Final Dividend & Bonus issue. All those who are holding TCS Stocks need to check there DMAT account in next few days

04:42 PM Monday , 15 June Buy Reliance Power with target of Rs 220-228, says Mitesh Thacker, technical analyst. Keep stop loss of Rs 196, he adds. Source : CNBC AWAAZ 02:17 PM Monday , 15 June Nishant Jain of Tradeswift advises investors to buy Aban Offshore above Rs 1,120 with target of Rs 1,150. Keep stop-loss of Rs 96, he adds. Source : CNBC AWAAZ 02:16 PM Monday , 15 June Hemen Kapadia, technical analyst recommends investors to hold Maruti Suzuki which has support at Rs 1,020. It has resistance at Rs 1,116, he adds. Source : NDTV PROFIT 01:51 PM Monday , 15 June Pankaj Jain of Satguru Capital advises investors to buy JP Hydro at Rs 82-83. Keep near-term target of Rs 115-125, he adds. Source : ZEE BUSINESS 01:48 PM Monday , 15 June Sudarshan Sukhani, technical analyst advises investors to hold Idea Cellular which looks good on the charts. It is outperforming other telecom stocks and suggesting much better things to come, he adds. Source : CNBC TV18 01:47 PM ...

02:42 PM Friday , 12 June Hold RIL with a target of Rs 2,375-2,535-2,650 and stop-loss of Rs 2,110-1,950 in 3-6 months, says Ashu Bagri, technical analyst. Source : NDTV PROFIT 02:35 PM Friday , 12 June Rajesh Jain of SMC Global Securities recommends investors to hold GVK Power with a target of Rs 55 where can exit and stop-loss of Rs 40. Source : ZEE BUSINESS 02:26 PM Friday , 12 June Technical analyst, Akshita Deshmukh recommends investors to buy SBI on dips around Rs 1,500 with a target of Rs 1,850-2,050-2,100 in 6 months. Source : CNBC AWAAZ 02:02 PM Friday , 12 June Hold HDIL with a target of Rs 290 where can exit and keep a stop-loss of Rs 260, says Rajesh Jain of SMC Global Securities. Source : ZEE BUSINESS 02:01 PM Friday , 12 June Akshita Deshmukh, technical analyst recommends investors to hold ICICI Bank with a target of Rs 950. Source : CNBC AWAAZ 01:47 PM Friday , 12 June Ashu Bagri, technical analyst recommends investors to hold HUL with a target of ...

02:09 PM Thursday , 11 June PK Agarwal of Purpleline Investment advises investors to hold Cairn India with target of Rs 285-300. Keep stop-loss of Rs 220, he adds. Source : ZEE BUSINESS 01:48 PM Thursday , 11 June Reseach analyst Santosh Sahu recommends investors to buy Praj Industries today and sell tomorrow at Rs 110 with a stop-loss of Rs 108.50 for target of Rs 113-114. Source : IRIS 01:47 PM Thursday , 11 June Reseach analyst Santosh Sahu recommends investors to buy Tata Communication today and sell tomorrow at Rs 215 with a stop-loss of Rs 515 for target of Rs 555-560. Source : IRIS 01:18 PM Thursday , 11 June PK Agarwal of Purpleline Investment recommends investors to hold Neyveli Lignite with target of Rs 150. It has support at Rs 120, he adds. Source : ZEE BUSINESS 01:16 PM Thursday , 11 June Ashwani Gujral, technical analyst recommends investors to buy Emco with targets of Rs 110 and then 132. Source : CNBC AWAAZ 01:05 PM Thursday , 11 June Santosh Sa...

01:30 PM Wednesday, 10 June Rajesh Agarwal, market expert recommends investors to hold Sintex Industries with target of Rs 275-280. Source : CNBC AWAAZ 01:21 PM Wednesday, 10 June Prakash Gaba, technical analyst recommends investors to hold Prism Cement with target of Rs 55. Keep stop-loss of Rs 36-37, he adds. Source : CNBC AWAAZ 01:09 PM Wednesday, 10 June Hold Infosys and book partial profits at Rs 1,850, says Neera Jain, technical analyst. Keep stop-loss below Rs 1,650, he adds. Source : NDTV PROFIT 12:32 PM Wednesday, 10 June Neera Jain, technical analyst recommends investors to buy Ashok Leyland with stop-loss below Rs 30. Source : NDTV PROFIT 12:30 PM Wednesday, 10 June Reseach analyst Santosh Sahu recommends investors to buy Bharti Airtel at Rs 840 with a stop-loss of Rs 800 for delivery target of Rs 900-940. Source : IRIS 12:28 PM Wednesday, 10 June MB Singh, technical analyst recommends investors to buy Suzlon Energy at Rs 125-130 with stop-loss of Rs ...

02:36 PM Tuesday , 09 June Sanjay Chhabaria, market expert recommends investor to buy TTK Prestige with a target of Rs 200 in 12 months. Source : CNBC TV18 02:26 PM Tuesday , 09 June MB Singh, technical analyst advises investors to buy Everest Kanto around Rs 200 with a short-term target of Rs 250, medium-term target of Rs 290 and stop-loss of Rs 185. Source : ZEE BUSINESS 02:24 PM Tuesday , 09 June MB Singh, technical analyst recommends investors to buy Unitech around Rs 92-95 with a short-term target of Rs 105, medium-term target of Rs 130-150 and stop-loss of Rs 85. Source : ZEE BUSINESS 02:12 PM Tuesday , 09 June Ashwani Gujral, technical analyst recommends investors to buy BHEL with a target of Rs 2,340 after which it can go to Rs 2,650. Source : CNBC TV18 01:29 PM Tuesday , 09 June Santosh Sahu, Reseach analyst recommends investors to buy Voltas at Rs 139 with a stop-loss of Rs 133 for delivery target of Rs 150. Source : IRIS 01:26 PM Tuesday , 09 June Re...

02:49 PM Monday , 08 June Reseach analyst Santosh Sahu recommends investors to sell Hero Honda below Rs 1,460.00 with a stop-loss of Rs 1,465.00 for intra-day target of Rs 1,425-1,420. Source : IRIS 01:18 PM Monday , 08 June Santosh Sahu, Reseach analyst recommendes investors to sell HDFC below Rs 2,350.00 with a stop-loss of Rs 2,370.00 for intra-day target of Rs 2,300. Source : IRIS 12:31 PM Monday , 08 June Hold Power Grid with target of Rs 200 in two years, says Ashish Kapur of Invest Shoppe. Source : CNBC AWAAZ 12:30 PM Monday , 08 June Ashwani Gujral, technical analyst recommends investors to hold Bank of Baroda with target of Rs 460. Keep stop-loss of Rs 415, he adds. Source : CNBC TV18 12:22 PM Monday , 08 June Hitendra Vasudev, technical analyst recommends investors to buy Wockhardt on dips at around Rs 125 with stop-loss of Rs 117. It has resistance at Rs 158-168, he adds. Source : CNBC AWAAZ 12:05 PM Monday , 08 June Prakash Gaba, technical analyst a...