Moneycontrol News Archive
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Garment exporters will have to pay up
6th July, 2005 19:56
The Income Tax Tribunal has decided that garment exporters are not entitled to tax deductions under the popular section 80HHC. Exporters may now have to pay tax on
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Chatterjee group pulls out of Basell bid
6th July, 2005 19:17
Royal Dutch Shell group and Access Industries today said that the pullout of the Chatterjee group from Basell bid will not affect the proposed deal.
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Nifty futures discount falls sharply
6th July, 2005 17:43
The F&O side the volumes were on the higher side. The Nifty futures discount fell sharply down to 1.30 points, while Nifty July futures saw a build-up in long posi
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ABB, BHEL picks on the F&O side: Choudhury
6th July, 2005 17:17
Lage amounts of buying in the derivatives side is evident from the high premiums in average cost of carry. Of the Nifty-50 stocks, there is an increase in open int
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London pips Paris to Olympic post
6th July, 2005 16:47
The 2012 Olympic Games will be held in London. In a ceremony in Singapore today, the city beat four other contenders, Paris, Madrid, Moscow and New York to be chos
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IT results affect market movement: Dhawan
6th July, 2005 16:17
As long as there is sustained liquidity, the markets are expected to continue its upward march. However, IT results may affect the market movement.
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HSBC MF picks metals; sells cement, auto
6th July, 2005 16:13
HSBC MF bought metals, but sold cement, auto, sugar and media stocks in June. Musco, Tisco, Welspun Gujarat were the top buys, while IPCL, Aptech, and ACC were the
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Midcaps on fire, be choosy: Sharmila Joshi
6th July, 2005 16:00
It is time to be choosy on the midcap floor, with most scrips on fire, feels markets analyst Sharmila Joshi. Clear indicators are emerging from the power sector, w
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Jindal's Jharkand plant to be set up in 7yrs
6th July, 2005 15:44
Jindal Steel is expected to complete its new Jharkhand steel plant project within the next seven years. Navin Jindal, MD & Executive Vice Chairman, Jindal Steel is
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Bullish on MNC pharma sector: Rajiv Sampat
6th July, 2005 15:37
Investment advisor, Rajiv Sampat is optimistic on the MNC pharma sector. With new products, the sector could do well in the coming years. Heritage Food, an Andhra-
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Midcap Index hits an all-time high
6th July, 2005 15:14
The Midcap 200 index has hit an all-time high. The market is trading higher due to buying in metal, capital goods, pharma, banking, oil, technology, consumer durab
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Videocon to confirm deal with Electrolux
6th July, 2005 19:24
Videocon is buying out AB Electrolux's ailing India business. Videocon group Chairman Venugopal Dhoot told CNBC-TV18 today that Electrolux will in turn invest
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Birla MF buys Ashok Leyland, HLL; drops Sail
6th July, 2005 18:43
Birla MF bought FMCG pivotals but pared exposure to metal, shipping and manufacturing stocks in June. Ashok Leyland, HLL, NTPC were the top buys, and Sail, SCI, Na
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Bombay Dyeing to develop central Mumbai land
6th July, 2005 16:51
Bombay Dyeing will mark its foray into construction with the developnent of Spring Mills in central Mumbai for commercial and residential purposes. Construction w
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Syndicate Bank to float public issue
6th July, 2005 16:39
Syndicate Bank will release a public issue of 5 crore equity shares tomorrow. The price band of the issue is Rs 46 to 50 per share. Chairman and Managing Director
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J&K, Syndicate Bank premium picks: Doshi
6th July, 2005 16:33
Sejal Doshi of Angel Broking feels that Syndicate Bank & J&K Bank are two premium stock picks in banking. South-based banks are good picks too, with them being wel
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All-time closing high for Sensex, Nifty
6th July, 2005 16:17
The Sensex, Nifty, and Midcap 200 Index closed at an all-time high. Buying was seen in metal, capital goods, banking, pharma, technology, oil, auto, media, cement,
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ULIPs with guarantees come at a cost
6th July, 2005 16:10
Capital Guaranteed ULIPs seem to be the new buzz in the insurance market. These policies offer a guarantee on your capital, despite investing in equities. Sounds a
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Switch over from Tata Teleservices: Vora
6th July, 2005 15:48
Amisha Vora, Prabhudas Lilladher, is of the opinion that it will be tough for short to medium term investors to get substantial returns in Tata Teleservices. She s
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SBI can take the market up: Vijay
6th July, 2005 15:41
Investment advisor, PN Vijay, is of the opinion that State Bank of India is having a beautiful run and can take the market up.
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Amtek Auto, Ucal, Amara look interesting
6th July, 2005 15:22
Sharmila Joshi, Asit C Mehta, feels that the companies like Amtek Auto and Ucal Fuel look interesting with the acuisitions they made. Even Amara Raja is an interes
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Tisco is a safe bet in steel, says Joshi
6th July, 2005 15:12
Sharmila Joshi, Asit C Mehta, is of the opinion that Tisco is the safe bet in steel. She also suggests picking up stocks from the midcap range.
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