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  • CCEA allows FIs to end Dabhol row

    8th April, 2005 21:00

    The Cabinet Committee on Economic Affairs has given an in- principal guarantee to financial institutions to end the Dabhol row. The domestic lenders to the trouble

  • Mittal to occupy non-exec position in 2 yrs

    8th April, 2005 20:55

    Sunil Bhart Mittal is working on creating a non executive position for himself in the Bharti Group over the next two years.

  • Stocks to watch: TCS, Satyam, HCL

    8th April, 2005 19:46

    Analysts discuss Infosys, TCS, Satyam, HCL, Tisco, Infosys and ITC

  • Go short on Nifty, bank futures: Wadhwa

    8th April, 2005 18:17

    Derivatives analyst Manohar Wadhwa of SSKI and Sharekhan advises investors to go short on the Nifty and bank futures, and buy Nifty Puts. Infosys and the auto pack

  • Crude will not touch $100/bbl: CLSA

    8th April, 2005 18:11

    Jim Walker, Chief Economist at CLSA says that crude oil prices are not going to $100 barrel or any where nearer. It will lower over the next few months, especi

  • Dip in market indicates buying: Sonthalia

    8th April, 2005 17:09

    Analyst feels that any dip in the market should be taken as a buying opportunity.

  • Inflation eases to 5.05% Vs 5.11%

    8th April, 2005 17:00

    Inflation for the week ended March 26 is at 5.05% Vs 5.11%. Market had expected inflation at 4.99% for the week ended March 26.

  • HLL to transfer tea plantation divisions

    8th April, 2005 16:45

    HLL is planning to transfer its tea plantation business in Assam, Tamil Nadu to subsidiaries. The plantation businesses do not fit in with the FMCG focus, HLL said

  • Vesuvius to double capacity by 2007

    8th April, 2005 16:37

    Vesuvius India is bent on capturing the steel boom companies say would come in 2007. It has significant capex plans afoot.

  • Volumes improve, despite Nifty 10pt discount

    8th April, 2005 15:58

    Volumes improved in the F&O segment, with a turnover of Rs 8813 crore. The Nifty was trading a 10-point discount, and short positions were seen.

  • Motorola unveils second design centre site

    8th April, 2005 15:38

    The global communication equipment giant unveils site for the second design centre in India at Hyderabad for its Global Software Group.

  • Bongaigaon up on large volumes

    8th April, 2005 15:27

    Bongaigaon Refineries has touched an intraday high of Rs 99.40 and an intraday low of Rs 93. At 3:06 pm the share is quoting at Rs 94.85, up Rs 2.80, or 3.04%.

  • Herbertsons among major losers

    8th April, 2005 15:07

    Herbertsons has touched an intraday high of Rs 258 and an intraday low of Rs 225. At 2:24 pm the share is quoting at Rs 225 down Rs 12.25, or 5.16%

  • Nirlon plant acquisition all cash deal: NRC

    8th April, 2005 13:43

    According to PS Sharma, MD of NRC, the acquisition will increase their turnover by Rs 90-100 crore per annum and profitability to the tune of Rs 14-15 crore.

  • IOC allowed to directly charter ships: Govt

    8th April, 2005 13:38

    IOC has been permitted to directly charter ships for oil imports in today's Cabinet meeting.

  • Taj to pump Rs 50cr in new restaurants, bars

    8th April, 2005 20:59

    Taj Business hotels is planning to invest about Rs 50 crore over the next year to develop new restaurants and bars in its existing hotels.

  • Kingfisher Airlines may float public issue

    8th April, 2005 20:34

    Kingfisher Airlines plans to float a public issue in the next 18 months to two years.

  • Crude to hit $30/bbl on good stocks: Evans

    8th April, 2005 18:42

    Tim Evans of Thomson Financial says that crude oil prices may fall below $30 per barrel, within the year, because of ample inventories and refining capacity.

  • Crude to be around $50-60/bbl: Ramachandran

    8th April, 2005 18:16

    MS Ramachandran, Former Chairman of IOC says that if there is some kind of a disruption, then crude prices could go up to $60. But otherwise, crude will trade

  • Mahavir Spinning expects a boost in turnover

    8th April, 2005 17:58

    SP Oswal, CMD OF Mahavir Spinning Mills, expects their turnover to go up to Rs 3,000 crore from the present Rs 1,000 crore in three years.

  • NTPC upbeat on its coal mining foray

    8th April, 2005 17:00

    NTPC's Q4 net profits are marginally up, and it plans a Rs 8250 crore capacity expansion. The company hopes to maintain its improved plant load factor, and is upbe

  • Rupee, bonds end on a weak note

    8th April, 2005 16:56

    Rupee ended weak after moving in a narrow band as dollar demand and supplies matched. Bond prices eased after the fall in March 26 inflation which was below market

  • Sensex ends below 6500: Tech stocks down

    8th April, 2005 16:37

    The Sensex closed lower following the sharp fall in the technology stocks. Several capital goods, bank, and media shares witnessed selling pressure.

  • Sharma bullish on Nahar Spinning

    8th April, 2005 16:11

    V K Sharma of Anagram Stock Broking, believes Nahar Spinning has a capacity to add another Rs 30- Rs 40 in a month's time.

  • Keep stoploss of Rs 85-86 in Bongaigaon

    8th April, 2005 15:46

    Technical analyst, E Mathew, feels that the Bongaigaon Refinery stock has been on an upward trend for some time and advices keeping a strict stoploss.

  • Business fairly good: Gateway Distriparks

    8th April, 2005 15:32

    Gateway Distriparks has been in the spotlight in the last few days, with Franklin Templeton Mutual Fund picking up a large 5.83% stake yesterday. The stock recentl

  • United Western Bank among major gainers

    8th April, 2005 15:16

    United Western Bank has touched an intraday high of Rs 56.55 and an intraday low of Rs 51.10. At 2:56 pm the share is quoting at Rs 51.75, up Rs 4.60, or 9.76%.

  • Book profits in UCO at Rs 36: Pendharkar

    8th April, 2005 14:00

    Vidur Pendharkar, Fortis Securities, feels that the long term perspective for this stock shows an upward trend. He advices staying invested and sell the stock at a

  • Exports to touch $92 bn this year: Govt

    8th April, 2005 13:43

    There is a growing emphasis on simplifying trade policy procedures, the Commerce Secretary said. Exports from Indian shores are set to touch $ 92 bn this year.

  • MphasiS Q4 net seen up 12.43% QoQ: Poll

    8th April, 2005 13:29

    A CNBC-TV18 poll says, MphasiS BFL will post a 12.43% increase in net profit QoQ to Rs 30.2 crore from Rs 26.86 crore. Revenues are expected to be up 5.3% to Rs 20

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