Moneycontrol News Archive
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Source of chillies may not be India: Nath
22nd February, 2005 19:39
Red chilli imports in the UK are under fire. The Food Standards Agency, FSA, alleges these contain the banned cancer causing dye, Sudan 1. India, which exports hal
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Mumbai airport revamp may get delayed
22nd February, 2005 19:19
Modernisation of Mumbai and New Delhi airports could be delayed further. CNBC-TV18 reports that some of the ministers in the empowered group of ministers, have str
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CESC has strong cash flows: Goenka
22nd February, 2005 19:15
According to S Goenka, Vice chairman of CESC, they have strong cash flows. He also said that they expect their debt equity ratio to become a lot better.
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China sells, copper slips from 16-year peaks
22nd February, 2005 18:20
Copper futures, which rose about 5% last week to within sight of an all-time high, traded yesterday about $35 below Friday's close as some Chinese investors ca
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Mitsubishi to start precision tools firm
22nd February, 2005 17:58
Mitsubishi Heavy Industries told newswires, that it will establish a company in India on May 1, to start producing precision cutting tools.
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Analyst bullish on L&T, Sesa Goa...
22nd February, 2005 17:56
Technical analyst, Rahul Mohindar, is bullish on L&T, banking sector, Hindustan Motors, Sesa Goa, sugar sector, Vijaya Bank, ICICI Bank and is bearish on Gail, Rel
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Beedi workers hope for a friendlier Budget
22nd February, 2005 17:42
Beedis may find themselves in fashion across the world, but India's beedi workers are a forgotten lot. The beedi workers hope that this Budget does not ignore thei
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Sensex snaps losing streak, banks rally
22nd February, 2005 17:18
The Sensex snapped its four-day losing streak and hit a high of 6603.14 today. Banks, auto and metals climbed up on renewed buying interest.
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IOB to sell ECGC & Sundaram MF products
22nd February, 2005 16:51
Indian Overseas Bank has entered into a Memorandum of Understanding, MoU, with ECGC of India Ltd and Sundaram Mutual Fund products.
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Airtel brings out new broadband packages
22nd February, 2005 16:48
Airtel Broadband & Telephone Services, India’s first and largest private broadband and telephone service provider, announced new tariff broadband packages customiz
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FCI plans second bond issue
22nd February, 2005 16:40
After the good response to its maiden bond issue, FCI is all set to mop up a further Rs 4,000 crore from the bond markets before the close of this financial year.
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Hold JVSL, buy on dips: Bagchi
22nd February, 2005 14:46
Anup Bagchi feels that investors can continue to hold JVSL. They could also buy the stock on dips.
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GSK to build vaccines plant in Nasik
22nd February, 2005 19:29
Having established its leadership in the Indian vaccines segment, British drugmaker GlaxoSmithKline, GSK, is setting up its first fully-owned vaccines manufacturin
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PC sales logged out; await Budget
22nd February, 2005 19:16
Sales of personal computers have slumped in the run up to the Budget. Consumers are waiting for the zero duty regime.
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Budget likely to keep garment sector happy
22nd February, 2005 18:43
The existing tax regime is expected to continue to provide stability for the garment industry. Knitting, where the investment limit has been raised to Rs 5 crore,
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Vulcan increases copper resources
22nd February, 2005 18:22
Vulcan Resources has significantly increased its resources in Finland through the acquisition of the Saramaki and Vuonos copper deposits, in the Outokumpu mining d
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Savile Row launches in India
22nd February, 2005 17:56
European menswear brand, Savile Row is now launching its product range in India. It is partnering with Forbes, that will manufacture the apparel indigeniously for
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M&M may set up its new plant in HP
22nd February, 2005 17:49
The road ahead is expected to be good and Mahindra & Mahindra, M&M, is stepping on the gas. The company is planning to set up a greenfield plant by 2008.
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Markets staging a temporary rally: Experts
22nd February, 2005 17:41
The markets ended in the green following a smart rally in PSU banking stocks in the last hour of trade. Market watchers, however, feel that this may be a "temporar
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NMCE announces online coffee futures trading
22nd February, 2005 17:26
The commodity futures market is heating up. After MCX announced trading in crude futures two weeks ago, rival exchange National Multi-Commodity Exchange, NMCE, has
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Rupee and bonds end on a strong note
22nd February, 2005 16:51
Rupee ended strong as RBI soaked up dollar supplies through state-owned banks and bonds trimmed gains on profit sales.
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Hikal, Crompton enter into long term deal
22nd February, 2005 16:31
Hikal Limited has entered into a long term agreement with Crompton Corporation, USA, for manufacture and supply of a New Generation crop protection product.
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Black money: Industry divided on scheme
22nd February, 2005 14:39
India Inc and economic think tanks are divided over whether the budget should come out with an amnesty scheme to tap black money, but are unanimous in emphasising
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