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  • ONGC & Gail may not have subsidy burden

    24th February, 2005 17:45

    ONGC and Gail India may be exempted from sharing the subsidy burden in FY06. The Ministry of Oil and Petroleum on February 2 asked companies to trace the under-rec

  • Toyota may launch compact car in India

    24th February, 2005 17:11

    Toyota is toying with the idea of launching a compact car in India, where it aims to capture 10% marketshare in the passenger car segment in five years.

  • Dolphin Offshore to see Rs 130 cr turnover

    24th February, 2005 17:00

    Managing Director of Dolphin Offshore Enterprises, Satpal Singh talks on which businesses his firm services and the profitability of his operations. This financia

  • Rupee and bonds end firm

    24th February, 2005 16:57

    Rupee ended strong on long dollar liquidation by banks in absence of demand from PSU banks. Bonds were steady at slightly higher levels in a quiet market.

  • HCL Tech buys contact centre for Rs 29cr

    24th February, 2005 16:46

    HCL Technologies has acquired North Ireland's AnswerCall Direct contact centre for Rs 29.4 crore.

  • Wipro is a hold, says Shah

    24th February, 2005 16:42

    Jigar Shah is of the view that Wipro is definitely a hold. Investors may see Rs 900 in the stock in the next six to nine months.

  • Markets flat: Real estate stocks in demand

    24th February, 2005 16:22

    The markets closed flat after drifting in a narrow range. Weakness was seen in some of the auto, cement, and telecom stocks but select technology and bank stocks g

  • Stay invested in Allahabad Bank: Shah

    24th February, 2005 16:05

    Jigar Shah is of the view that investors can stay invested in Allahabad Bank.

  • Mid Day Multimedia climbs up

    24th February, 2005 15:50

    Mid Day Multimedia has touched an intraday high of Rs 84.40 and an intraday low of Rs 78. At 2:43 pm the share is quoting at Rs 81.30, up Rs 3.55, or 4.57%

  • Brazil's aluminium output up 3.6%

    24th February, 2005 15:45

    Brazil's primary aluminium production totaled 123,700 metric tons in January, up 3.6% on the same month of 2004, the Brazilian Aluminium Association said.

  • Profit taking caps FX-inspired gains

    24th February, 2005 15:42

    High-grade copper futures in New York moved to fresh contract highs on Tuesday, although the futures ended slightly mixed as profit-taking limited the upside, trad

  • LME nickel stocks fall cause price rise

    24th February, 2005 15:40

    London Metal Exchange nickel warehouse stocks falling close to critical levels have caused nearby prices to rise sharply over further forward prices, analysts said

  • More clarity on FDI needed: Temasek Hldgs

    24th February, 2005 15:35

    Manish Kejriwal, MD, Temasek Holdings Advisors India Ltd expects the Budget to give more clarity in terms of international investors in the banking sector, he also

  • DCM up on large volumes

    24th February, 2005 15:21

    DCM has touched an intraday high of Rs 45 and an intraday low of Rs 38.10. At 2:43 pm the share is quoting at Rs 41.95, up Rs 3.20, or 8.26%

  • Need to raise revenue-to-GDP ratio: UBS

    24th February, 2005 15:11

    The Budget is looming over us. Industry bigwigs' expectations are either going to be met or disappointed. A Regional Economist with UBS, Sanjay Mathur talks on wha

  • Tribunal: Core biz will be deciding factor

    24th February, 2005 17:35

    This is another setback for the I-T department. The Kolkata special bench has ruled that the principal nature of business would be the deciding factor, while allow

  • Analysts bullish on ABB, Jyoti Structure...

    24th February, 2005 17:04

    Analysts, Toral Munshi of India Infoline and Vijay Bhambwani of BSPL India.com, are bullish on Jyoti Structure, ABB, Bhel and are bearish on Reliance, Dabur, SBI,

  • Budget to set market direction: Experts

    24th February, 2005 16:58

    The markets closed flat after drifting in a narrow range today, though the mood turned mildly choppy towards close of trade. Market watchers expect the Budget to g

  • Above Rs 387, ICICI Bank can touch Rs 450

    24th February, 2005 16:57

    Prakash Gaba feels that ICICI Bank can touch Rs 450 if it crosses Rs 387.

  • Nucleus is a third partner to GMAC : Jones

    24th February, 2005 16:45

    Nucleus Software has signed a $10 million deal with General Motors Acceptance Corporation, GMAC. Nucleus will work with GMAC in Europe, Latin America and Asia

  • Hold Bharati Shipyard with a one year view

    24th February, 2005 16:23

    Jigar Shah is of the view that investors can hold Bharati Shipyard if they have one year's outlook.

  • F&O series settle with high volumes

    24th February, 2005 16:17

    While the cash markets were unable to break their rangebound trend today, activity picked up in F&O trade. The NSE F&O segment logged a total turnover of Rs 17132.

  • Pantaloon Retail on a roll

    24th February, 2005 15:52

    Pantaloon Retail has touched an intraday high of Rs 815 and an intraday low of Rs 780.25. At 2:45 pm the share is quoting at Rs 812.40, up Rs 40.70, or 5.27%.

  • Maruti Udyog looks good in long term: Shah

    24th February, 2005 15:50

    Jigar Shah is of the view that Maruti Udyog looks good in the long term.

  • Copper business will benefit from higher fee

    24th February, 2005 15:44

    Belgian special materials company Umicore said that higher fees would lead to a strong improvement at its copper business, which it plans to spin off as a separate

  • New aluminium deals to use local technology

    24th February, 2005 15:41

    Any new agreements to expand Venezuelan aluminium output with foreign partners, including plans for a fifth production line at the Alcasa aluminum smelter, will us

  • Copper hits fresh 16-year high on LME

    24th February, 2005 15:39

    Copper on three-month basis on the LME hit a fresh 16-year high yesterday with renewed fund buying lifting prices near all-time highs of $3,280 a metric ton, a

  • Buy Matrix Lab for long term: Shah

    24th February, 2005 15:32

    Jigar Shah is of the view that investors can buy Matrix Lab for the long term.

  • Shah sees NTPC crossing Rs 125 in a year

    24th February, 2005 15:16

    Jigar Shah is of the view that investors may target more than Rs 125 in NTPC if they hold the stock for one year.

  • Encourage steel production: Monnet Ispat

    24th February, 2005 15:00

    The Budget is coming up on February 28. Executive Vice Chairman and Managing Director of Monnet Ispat, Sandeep Jajodia wants the government to encourage steel prod

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