Moneycontrol News Archive
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VSNL defers demerger of surplus land
11th April, 2005 19:22
The VSNL demerger decision has been deferred by the board in its meeting held on April 11, 2005, in order to obtain "further information and clarifications".
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Ratan Tata steps down as VSNL chairman
11th April, 2005 17:57
Subodh Bhargava will be the new chairman. Ratan Tata, however, will continue to look over Tata's telecom business and continue strategising for all four of the gro
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Go short on the Nifty: Iyengar
11th April, 2005 17:26
Derivatives analyst Srikanth Iyengar of Edelweiss Capital advises investors to go short on the Nifty. He also says that if anyone wants to speculate on the market
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Rupee up as banks pare dollar positions
11th April, 2005 17:12
Rupee ended up as banks pared dollar positions noting the latter's weakness abroad ahead of the US trade data on Tuesday. Bond prices steadied in last one hour.
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Vesuvius Q1 net up 21.03% at Rs 58.7cr
11th April, 2005 16:53
Vesuvius India has reported an increase of 21.03% in its net profit for the first quarter of FY05 at Rs 58.7 crore from Rs 48.5 crore.
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Hold ICICI Bank, says Mehta
11th April, 2005 16:42
Dipan Mehta, BSE member, says investors and particularly small investors can get 25-30% returns in next couple of years if they hold on to ICICI Bank.
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Guarantees don't come for free
11th April, 2005 16:24
There are no free lunches. You will pay a price for it in some way or the other. Read on to find out.
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Buy Essar Steel at support zone of Rs 47-50
11th April, 2005 16:08
Technical analyst, Prakash Gaba, suggests buying Essar Steel stock at around its strong support zone of Rs 47-50. In the long term the stock can reach up to a leve
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Growth rate of 30% to continue: Mastek
11th April, 2005 16:04
Chairman of Mastek says that the annual growth rate of 30% will continue, and the company has ambitious expansion plans in Mumbai and Chennai. The CEO will be sent
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Air Sahara to raise fares by 12%
11th April, 2005 17:46
Air Sahara is planning to raise its fares by 12% due to the fuel price hike. However, Air Sahara will not increase apex and promotional fares.
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F&O trade closes with low volumes
11th April, 2005 17:12
F&O trade turnover shrank further, with Rs only 6795.82 crore (Rs 67.96 billion) traded. Nifty futures discount narrowed due to the pressure on the cash market at
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HSBC launches India Midcap Fund
11th April, 2005 16:36
HSBC has launched its India Midcap Fund. Sanjiv Duggal of HSBC Mutual Fund says that in terms of launch timing, this is basically to complement our existing portfo
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Heavyweights drag markets down: Tech weak
11th April, 2005 16:24
The markets witnessed a sharp fall following the weakness in most of the index heavyweights. The technology, oil, and bank stocks were among the major losers. Volu
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F&O trade logs still lower volumes
11th April, 2005 16:16
F&O trade turnover shrank further, with only Rs 6795.82 crore (Rs 67.96 billion) traded. Nifty futures discount narrowed due to the pressure on the cash market at
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Igarashi to invest Rs 80cr for expansion
11th April, 2005 16:09
Igarashi Motors plans to expand existing capacity, with an investment of Rs 80 crore. With Igarashi India's sales expected to double to Rs 100 crore, it means a lo
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Is the guarantee from your insurer worth it?
11th April, 2005 16:08
In a bid to attract customers, several life insurance companies are providing guaranteed returns. As a customer, you need to understand whether the guarantee is re
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Exit Shipping Corporation, says Gaba
11th April, 2005 15:45
Prakash Gaba is of the view that investors should exit Shipping Corporation at current levels. Its structure looks weak.
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