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  • Cognizant Tech acquires Fathom for $19 mn

    18th April, 2005 19:00

    Cognizant Technologies has announced the acquisition of US consulting company Fathom Solutions for $19 million in cash and stock.

  • Mittal to sign Polish takeover by April 29

    18th April, 2005 18:41

    Mittal Steel, the world's largest steel maker, will sign the contract to buy state-owned Polish heavy plate maker Huta Czestochowa by April 29.

  • Stocks to watch: Tisco, REL

    18th April, 2005 17:48

    Technical analyst Rohit Srivastav of SSKI picks power and capital equipment stocks, FMCG and Tisco.

  • No sign of skumars e-commerce venture

    18th April, 2005 17:35

    skumars was a venerable name, until a few years ago, when their dotcom venture left them floundering. Disillusioned franchisees still wait with hope, for some sign

  • Chola MF unveils Chola Global Advantage Fund

    18th April, 2005 17:00

    Chola MF has launched Chola Global Advantage Fund, which will invest in Indian companies, which are expecting at least 20% of turnover from exports.

  • Invest in funds to cap your risk: ING MF

    18th April, 2005 16:53

    Going forward, it is the mid cap sector and some specific stocks which will give us a play in the markets and we hope to capture this in our mid cap portfolio, say

  • Midcaps, metals look good: Kothari

    18th April, 2005 16:41

    Midcaps would benefit from the trend going in to the derivatives segment. Metals are not a sector to be perturbed about either.

  • India Cement firms up today

    18th April, 2005 16:14

    India Cement has firmed up. At 3:39 pm the share is quoting at Rs 68.40, up Rs 2.80, or 4.27%.

  • Gateway Distriparks among major gainers

    18th April, 2005 16:10

    Gateway Distriparks is among the major gainers today. At 3:35 pm the share is quoting at Rs 119.25, up Rs 7.95, or 7.14%.

  • Welspun Gujarat firms up

    18th April, 2005 16:00

    Welspun Gujarat Stahl Roh has moved up on large volumes. At 3:27 pm the share is quoting at Rs 38.20, up Rs 1.90, or 5.23%.

  • HPCL top gainer on the Sensex

    18th April, 2005 15:53

    Hindustan Petroleum Corporation, HPCL, is the top gainer on the Sensex. At 3:12 pm the share is quoting at Rs 331.25, up Rs 9, or 2.79%.

  • Dhampur Sugars Q2 sales up 44%

    18th April, 2005 15:30

    Dhampur Sugars Q2 sales is up 44% at Rs 245.99 crore( Rs 2.45 billion). Its net is at Rs 33.04 crore( Rs 330 million) from Rs 12.06 crore( Rs 120.6 million).

  • Watch out for the trap!

    18th April, 2005 15:26

    ULIPs are the flavor of the season. And why not. ULIPs offer transparency, liquidity and flexibility. But the difficult part is that ULIPs need to be well understo

  • Commodities staged for 2-digit growth: CLSA

    18th April, 2005 15:14

    Demand from China is too high for the commodity markets to fall to panic levels, feels China macro strategist from CLSA.

  • Buy Tata Motors at Rs 390: Kumar

    18th April, 2005 14:57

    Kavee Kumar feels that there is still some correction left in the market and stocks will come down to attractive levels. He suggests buying Tata Motors at Rs 390.

  • Taco close to acquiring European company

    18th April, 2005 18:52

    Tata AutoComp Systems, Taco, is close to acquiring a company in Europe, which would be its first acquisition oustide India.

  • CMC posts net loss Rs 16.72 crore in Q4

    18th April, 2005 17:52

    CMC has posted a net loss in Q4FY05 of Rs 16.72 crore, against a profit of Rs 9.63 crore last quarter. Meanwhile, Q4 revenues are flat at Rs 215 crore QoQ.

  • Markets still in bullish phase: Malkani

    18th April, 2005 17:39

    According to Jagdish Malkani, member of the NSE, the bull markets have not gone. He also said that the downtrend of the global markets would keep Indian markets vo

  • Surana picks ONGC, Nalco in choppy F&O

    18th April, 2005 17:17

    The markets were volatile, and turnover was relatively low. Ajit Surana of Dimensional Securities advises investors to look at Nalco, ONGC, IPCL, Ashok Leyland, an

  • Markets crash: Metal & banks hammered

    18th April, 2005 17:00

    The markets witnessed a sharp fall following the weakness in most of the metal, bank, pharma, and technology stocks. However, select oil, media, and telecom stocks

  • JVSL sees 30% volume growth: Madhok

    18th April, 2005 16:43

    According to Raman Madhok, Joint MD and CEO, JVSL's debt has been reduced by around Rs 1,079 crore; and its current burden is at Rs 3,714 crore. JVSL sees 30% volu

  • Buy Jaiprakash Hydro 15-20% lower: Kumar

    18th April, 2005 16:31

    Ashok Kumar of Lotus Knowlwealth, is of the view that though Jaiprakash Hydro is showing signs of good results, he would prefer to get out of the stock now and buy

  • Teledata Informatics optimistic about future

    18th April, 2005 16:10

    Teledata Informatics is optimistic about sustaining growth figures. Its next quarter target is about Rs 1000 crores.

  • Buy small bits in bluechips: Kumar

    18th April, 2005 16:01

    Kavee Kumar of Indiabulls feels that the correction in midcap space is likely to last a little long. However, he advises buying small bits in bluechips.

  • Allahabad Bank among major losers

    18th April, 2005 15:58

    Allahabad Bank is among the major losers. At 3:23 pm the share is quoting at Rs 83.60, down Rs 3.75, or 4.29%.

  • When the recovery agent comes looming

    18th April, 2005 15:36

    What options do you have when the phone rings and a collection agent demands your credit card dues? Not many, really!

  • Buy ONGC before market picks up:Chakraborty

    18th April, 2005 15:28

    Amitabh Chakraborty is of the view that ONGC is one of the stocks to look at while market is getting corrected.

  • SBI good at Rs 610-615: Kumar

    18th April, 2005 15:17

    Kavee Kumar is of the view that it is a nice opportunity to buy State Bank of India before market becomes bullish again.

  • Market recovers from lower levels: Oil firm

    18th April, 2005 15:09

    The market has recovered from lower levels and is to remain open till 4 pm today. Selective buying is seen in oil, media, and telecom stocks. Metal, bank, & pharma

  • India equities meltdown unlikely: Goyal

    18th April, 2005 14:49

    Ashish Goyal of Prudential Corporation says that Indian markets will see a 5-10% downside, commensurate with the correction in regional Asian markets, but a full m

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