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  • Maharashtra extends lower stamp duty rates

    19th April, 2005 20:44

    The Maharshtra state government has extended the 0.002% stamp duty on non-delivery trades, which was to have lapsed by March 31.

  • Parikh to come under stock market scanner

    19th April, 2005 19:25

    The Department of Company Affairs is finally set to investigate stock broker Ketan Parikh in the 2001 stock market scam, after the Bombay High Court's stay was vac

  • UB Engg bags contracts worth Rs 60.35 crore

    19th April, 2005 19:16

    Pune-based UB Engineering has bagged contracts worth Rs 60.35 crore in the power and steel sectors, from majors like BHEL, Essar Construction, and Jindal Steel and

  • Biocon Q4FY05 net expected up 22.86%

    19th April, 2005 19:00

    A CNBC-TV18 poll sees Biocon's Q4FY05 net profit to up 22.86% from Rs 43.3 crore to Rs 53.2 crore, and revenues to climb 30.79% from Rs 144.5 crore to Rs 189 crore

  • TCS scrip to weaken for a few days: Karvy

    19th April, 2005 17:00

    R Ravi of Karvy stock broking says that he was expecting some increase in salary and wage bill, but Rs 102 crore increase along with some product development expen

  • Correction not much of a worry: Agarwal

    19th April, 2005 16:41

    One should stay invested in fundamentally strong stocks, even if the market drops 200 to 300 points, feels Alok Agarwal. Asian Hotels and EIH Associates in hospita

  • Mid-day to focus on its core business

    19th April, 2005 16:30

    Mid-Day Multimedia plans to shut down its Rs 17 crore outdoor business and put more investments into its core business.

  • TCS under stress from rupee fluctuations

    19th April, 2005 16:23

    TCS says, its margins will improve in the coming quarters, but exchange rate fluctuations will continue to pose a challenge. There was a forex loss of Rs 10 crore

  • KEC Intl restructuring to 'double' equity

    19th April, 2005 15:42

    KEC International is in the process of a restructuring campaign, to divide operations between KEC Holdings and KEC Infrastructure. Shareholders will hold an equal

  • TCS reports disappointing Q4

    19th April, 2005 15:23

    TCS has reported profits down 33.6% at Rs 471 crore (Rs 4.71 billion) quarter on quarter.

  • Price band mechanism may be resorted: Aiyar

    19th April, 2005 15:04

    Government is likely to give state-run oil firms freedom to adjust auto fuel prices within a narrow price band once international prices stabilise.

  • Alstom slips from higher levels

    19th April, 2005 15:00

    Alstom has touched an intraday high of Rs 170 and an intraday low of Rs 138.40. At 2:39 pm the share is quoting at Rs 139, down Rs 22.70, or 14.04%.

  • Expect selloff in Dhampur Sugar: Mehta

    19th April, 2005 14:47

    Nipun Mehta, is of the view that Dhampur Sugar had done well last year. But if market continues to be bearish, it could see a selloff.

  • Equity, liquid funds lure investors in FY05

    19th April, 2005 14:42

    Equity and liquid funds enticed investors in FY05, while income and gilt schemes were dumped as against last fiscal’s trend.

  • Hexaware announces results, stock down

    19th April, 2005 14:32

    Hexaware Technologies has touched an intraday high of Rs 727 and an intraday low of Rs 690. At 1:51 pm the share is quoting at Rs 702.40, down Rs 13.55, or 1.89%.

  • WB govt to divest Haldia Petrochem stake

    19th April, 2005 19:31

    The West Bengal government is set to sell its stake in Haldia Petrochemicals, and while IOC is set to buy 7.5%, it cannot buy more directly from the government.

  • Standard Chartered to expand in India

    19th April, 2005 19:20

    Standard Chartered is interested in expanding in India, but may opt to go it alone rather than through acquisitions. The bank recently bought Korea First Bank for

  • TV18 Group launches general news venture

    19th April, 2005 19:10

    Television Eighteen India has formed a new venture called Broadcast News, in collaboration with the TV18 Group, to launch a television channel in the general news

  • F&O volumes inch up, but discount widens

    19th April, 2005 17:00

    Volumes improved on the F&O side today, though the discount on Nifty futures still remains large, at 22.85 points. The TCS results were below expectations, and cau

  • Bonds firm, rupee ends weak

    19th April, 2005 16:58

    Bonds firmed up while the rupee ended weak.

  • Market trend reflects international markets

    19th April, 2005 16:35

    According to R Sreesankar of IL&FS Investmart, the current market trend is the reflection of whats happening in the international market.

  • Markets decline: Technology stocks hammered

    19th April, 2005 16:24

    The markets witnessed a sharp fall following a big selloff in the technology stocks led by TCS. Several auto and metal stocks also lost ground.

  • Jaiprakash Hydro will witness selling

    19th April, 2005 15:49

    Nipun Mehta, is of the view that Jaiprakash Hydro is an oversubscribed stock. Borrowers and retail investors would make certain that the stock falls down under pre

  • TCS net down, stock hammered

    19th April, 2005 15:42

    TCS fell down considerably after its Q4 results were announced today. At 3:10 pm the share is quoting at Rs 1,221 down Rs 97.65, or 7.41%.

  • Teledata down on selling pressure

    19th April, 2005 15:05

    Teledata Info has touched an intraday high of Rs 59.75 and an intraday low of Rs 54.10. At 2:45 pm the share is quoting at Rs 54.30, down Rs 4, or 6.86%.

  • HCL Info Q4 net up at Rs 65.4cr

    19th April, 2005 15:00

    HCL Infosystems Q4 net profit is at Rs 65.40 crore, against Rs 55.47 crore. The company's consolidated sales are at Rs 2005 crore.

  • Markets off day's high; Auto, metal weak

    19th April, 2005 14:54

    The markets have come down from higher levels amid some selling pressure in auto, technology, bank, oil, pharma, and metal stocks.

  • FIIs net sell Rs 389 cr in F&O on Monday

    19th April, 2005 14:46

    FIIs net sell worth Rs 389 crore in F&O on Monday. They net sell worth Rs 434 crore in index futures.

  • Stay away from Aftek, says Bhambwani

    19th April, 2005 14:41

    Vijay Bhambwani feels that Aftek is a volatile stock and suggests investors to give more importance to frontline stocks in the technology sector.

  • Patel Engineering Q4 net up 63.8%

    19th April, 2005 13:58

    Patel Engineering Q4 FY05 YoY net profits are up 63.8% from Rs 6.46 crore (Rs 64.6 million) to Rs 10.58 crore (Rs 105.8 million).

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