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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

  • 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.

  • 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

  • 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

  • Uniply Industries closes at Rs 29.95

    6th July, 2005 17:00

    Uniply Industries closed at Rs 29.95. The stock listed today on the BSE at Rs 29.60. It was issued at Rs 24.

  • 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

  • Asian markets close mixed; Nikkei down 0.11%

    6th July, 2005 16:37

    Asian markets closed mixed. Japan's Nikkei average fell marginally today, as investors sold technology blue chips following recent gains.

  • 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.

  • 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

  • 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

  • 4 reasons not to buy insurance from agents

    6th July, 2005 15:52

    Instead, buy insurance from banks. They may not pamper you, but they have the full range. And you pay no extra price.

  • Petronet LNG will give more than 50% returns

    6th July, 2005 15:46

    Amisha Vora, Prabhudas Lilladher, is of the opinion that Petronet LNG will give more than 50% returns.

  • 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

  • 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-

  • 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

  • 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

  • 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

  • Stocks to Watch: Karnataka Bank, Bhel, ABB

    6th July, 2005 17:23

    Technical analyst, V K Sharma is bullish on Karnataka Bank, Essar Steel, BHEL and ABB.

  • Rupee weakens, while bonds gain

    6th July, 2005 17:12

    The rupee weakened and closed at Rs 43.58 against its previous close of Rs 43.57 to the dollar.

  • 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

  • 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

  • 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

  • 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,

  • 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

  • IFC to focus on mid-sized companies

    6th July, 2005 15:57

    Iyad Malas, Director, South Asia at IFC says that IFC would focus on mid-sized companies in India.

  • 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

  • In short term ONGC can quote Rs 1048

    6th July, 2005 15:44

    Technical analyst, Anil Manghnani, is of the opinion that in the short term, ONGC can touch Rs 1048.

  • 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.

  • 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

  • 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.