Moneycontrol News Archive
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Indraprastha Gas plans Rs 100cr capex
26th May, 2005 18:07
The capex requirements would be more than Rs 100 crore. The company may take on additional capital to fund capex as and when required.
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Is Swift the car for you?
26th May, 2005 17:15
If you are young - young at heart - and want to be seen driving a set of wheels that spell C-O-O-L, here's the car for you.
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OBC targets Rs 1 lakh cr business this year
26th May, 2005 16:56
In March, the total business of the Oriental Bank of Commerce (OBC), crossed Rs 75000 crores. During the current fiscal the bank is planning to cross Rs 1 lakh cro
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Markets look rosy on domestic buys: Malkani
26th May, 2005 16:42
Jagdish Malkani, member of the National Stock Exchange, says that the market looks buoyant at the moment. There have been good domestic buys, though some FIIs have
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CBT to decide EPF interest rate on Saturday
26th May, 2005 16:40
A special meeting of the Central Board of Trustees, CBT, of the Employees Provident Fund ,EPF, will be held in New Delhi, on Saturday, to recommend the final rate
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Eco Intelligence sees India slowdown
26th May, 2005 16:25
Tom Joehnk of the Economist Intelligence Unit, tells Moneycontrol.com that the business cycle will soon reach its peak and a slowdown is imminent, unless labour re
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Asian markets close higher
26th May, 2005 16:00
Asian markets closed higher. Japan's Nikkei average closed up 0.12% today as some technology stocks remained firm.
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UCO Bank launches inbound money transfer
26th May, 2005 15:45
UCO Bank today launched inbound money transfer services across the country in a tie-up with Western Union, an international leader in providing the facility.
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BHEL to continue to remain Govt firm: FM
26th May, 2005 15:28
The FM has said that BHEL will continue to remain a government company, even after the Cabinet approved divestment of the government's 10% stake in the company. Ta
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BHEL issue to be at 10-15% discount: Kumar
26th May, 2005 15:11
With the government preparing to divest 10% of its stake in Bhel, Ashok Kumar of Lotus Knowlwealth says that the issue could bear a discount of around 10-15%. He a
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OBC Q4 net up 4% at Rs 237.70cr
26th May, 2005 15:07
OBC has announced its results. The bank's Q4 net is up 4% at Rs 237.70 crore from Rs 228.68 crore. Its board has declared a dividend of 30%.
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Bharati Shipyard may touch Rs 180-185 levels
26th May, 2005 14:50
Dharmen Mehta is of the opinion that on the news of bagging good orders, Bharati Shipyard has moved up. It may reach up to a level of Rs 185 by next week.
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Are MF IPOs losing their sheen?
26th May, 2005 17:45
After raising almost Rs 9000 crore since January this year, the mutual fund IPO rush seems to be dwindling.
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Colgate, Eicher Motors, OBC, Satyam, BEML...
26th May, 2005 16:46
Pantaloon is defying gravity, while Eicher Motors seems to be the strength stock in the NSE. Ranbaxy is due for a ‘vicious bounce back’, and Dabur is shedding the
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Prudential ICICI revises exit load
26th May, 2005 16:42
Prudential ICICI Mutual Fund has effected a change in the exit load structure under its Pru ICICI Long Term Floating Rate Fund, reports news wires. Now, redemption
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Subsidy may not impact profits: Tata Tea
26th May, 2005 16:37
The Finance Minister has announced a one time subsidy of Rs 65 crore for the restoration of tea gardens. But, Percy Siganporia, MD, Tata Tea says that it may not r
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Markets rally on shortcovering: Heavies up
26th May, 2005 16:26
The markets firmed up in late trading amid buying in capital goods, technology, FMCG, pharma, and auto stocks. Some weakness however was seen in metal and banking
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Will invest in Indian Stock markets: GE
26th May, 2005 16:22
GE is preparing to enter both Indian bourses, as well as markets in consumer finance, power and infrastructure. GE President and CEO Jeff Immelt has also indicated
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New insurance product for holiday seekers
26th May, 2005 15:50
Chennai based Cholamandalam MS General Insurance company, today announced the launch of its new overseas travel insurance product 'Chola Travel Insurance'.
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Colour Chem net at Rs 16.46 cr
26th May, 2005 15:46
Colour Chem has announced its results. Its FY05 net is at Rs 16.46 crore. FY05 net sales are at Rs 413.26 crore.
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Crisil FY05 net at Rs 22.16 cr
26th May, 2005 15:43
Crisil has announced its results. Its FY05 net is at Rs 22.16 crore. FY05 net sales are at Rs 89.08 crore.
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BHEL issue to be at 10-15% discount: Kumar
26th May, 2005 15:17
With the government preparing to divest 10% of its stake in BHEL, Ashok Kumar of Lotus Knowlwealth says that the issue could bear a discount of around 10-15%.
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Focus remains on the index: StanChart MF
26th May, 2005 15:09
Rajiv Anand of Standard Chartered MF says that at present, the market is focusing on the index, rather than the headline numbers. Higher oil prices, inflation, nex
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Only buyers in Alstom, stock up
26th May, 2005 14:58
Alstom is locked at 10% upper limit. There were pending buy orders of 152,267 shares, with no sellers available.
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Strides Arcolab set to acquire Biopharma
26th May, 2005 14:40
Strides Arcolab will take over Venezuela-based Biopharma. Arun Kumar, Group Chairman at Strides Arcolabs, said that the acquisition will cost below $1 million.
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