Moneycontrol News Archive
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IPCL controversy gets murkier
26th April, 2005 19:40
Reliance Capital's IPCL stake sale could raise regulatory issues. Anil Ambani wrote to Sebi on certain governance issues related to IPCL stake deal and his resigna
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Reliance Q4 net seen up 41.3%: Poll
26th April, 2005 17:47
According to a poll conducted by CNBC-TV18, Reliance Q4FY05 net profit is expected to increase by 41.3% from Rs 1416 crore to Rs 2005.6 crore.
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Rupee ends strong on banks' dollar sales
26th April, 2005 16:45
Bond and rupee firmed. The rupee ended stronger on dollar sales by banks. A rate hike is not generally accepted in the RBI's upcoming Credit Policy.
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Cipla Q4 impacted "immensely" from VAT
26th April, 2005 16:33
Cipla Q4FY05 results have shown an impact of the VAT and MRP on topline growth, says Amar Lulla, Joint MD of Cipla. However, there are a couple of interesting prod
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Invest in Cipla, says Jain
26th April, 2005 15:54
Hardik Jain feels that pharma stocks are trading in an oversold zone. He suggests buying Cipla at present levels. The stock will move up.
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Nicholas Piramal set to offset VAT losses
26th April, 2005 15:44
Nicholas Piramal expects to make up for the losses faced due to VAT. Meanwhile, the company's rights issue is on track, and the pricing should be announced by
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Ballarpur Industries Q3 net up 36%
26th April, 2005 15:40
Ballarpur Industries has annouced its third quarter results. The net profit is up 36% from Rs 32.48 crore to Rs 44.21 crore.
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Invest in the textile sector at lower levels
26th April, 2005 15:17
Sanjay Dutt is of the opinion that investors should remain invested in the textile sector. He advices buyers to wait for the stocks to come down as its not a right
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Matrix Labs Q4 net at Rs 28.62cr
26th April, 2005 15:01
Matrix Laboratories has announced its fourth quarter results. The company's Q4 net is at Rs 28.62 crore.
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Sensex to trade at 6900-7200 by June: Kumar
26th April, 2005 14:45
Devesh Kumar of ICICI Securities says, the Sensex will be at 6900-7200 levels by June, on government announcements on issues like the fringe benefit tax. FIIs are
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Nicholas Piramal Q4 loss at Rs 13.43cr
26th April, 2005 14:40
Nicholas Piramal has announced its fourth quarter results. The company has posted a loss of Rs 13.43 crore as against a profit of Rs 80.80 crore.
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Mutual Fund IPOs under Sebi's lens
26th April, 2005 20:00
Market regulator Sebi has expressed its concern over the way mutual funds market their new launches. The regulators is worried that funds are selling new schemes a
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Air India on a Boeing buying spree
26th April, 2005 19:49
The board of Air India has approved, in principle, the purchase of 50 Boeing aircrafts. The fleet expansion will cost the airline around Rs 30,000 crore. The Air I
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Nucleus numbers boosted by the GAMC deal
26th April, 2005 16:37
Nucleus Software's $10 million GMAC deal has boosted their topline and bottom line numbers. The company expects further margin expansion in FY06.
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Markets end lower: Tech & metal weak
26th April, 2005 16:21
The markets ended the day lower following selling pressure in several technology, metal, auto, oil, banking and pharma stocks. Some buying however was seen in FMCG
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Sterlite Optical sees market expansion
26th April, 2005 15:53
Sterlite Opticals is confident that its strong growth will continue, going ahead. The Indian market is set to grow further, and exports should also yield good divi
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Invest in Cipla, says Jain
26th April, 2005 15:42
Hardik Jain feels that pharma stocks are trading in an oversold zone. He suggests buying Cipla at present levels. The stock will move up.
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BPO should move up for us: Visualsoft
26th April, 2005 15:36
Visualsoft has done Rs 28 crore in profits and have added 5-odd clients. The company management is relying on the coming quarter, and a ramp-up in the BPO services
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Taj GVK Q4 net up 60% at Rs 7.10cr
26th April, 2005 15:20
Taj GVK Hotels has announced its fourth quarter results. The company's Q4 net is up 60% at Rs 7.10 crore as against Rs 4.43 crore.
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Govt may moot SCI divestment soon
26th April, 2005 14:58
The Department of Disinvestment wants to sell a 15% stake in SCI, reducing the government's stake in the company to around 65%.
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Oudh Sugar Q3 net down at Rs 4.25cr
26th April, 2005 14:53
Oudh Sugar Mills has announced its third quarter results. The company's Q3 net is down at Rs 4.25 crore as against Rs 13.92 crore.
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IPCL Q4 net at Rs 336cr
26th April, 2005 14:30
IPCL has announced its fourth quarter results. The company's Q4 net is at Rs 336 crore as against Rs 99 crore.
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