Moneycontrol News Archive
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Buying by banks brings the rupee down
31st May, 2005 17:25
Bonds firmed while rupee weakened. Rupee lost gains because of persistent buying by banks and dollar demand from oil companies.
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Jindal Poly Films issue to raise Rs 300cr
31st May, 2005 16:51
India's largest manufacturer of flexible packaging films, Jindal Poly Films is coming out with a public issue. The issue would finance the other projects of the co
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Are BPOs recruiting the right people?
31st May, 2005 16:34
Placement agencies that do the recruiting for BPOs may just not be hiring adequately qualified people to handle sensitive data.
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Sensex ends above 6700: Tech rally
31st May, 2005 16:17
The markets ended on a firm note. The Sensex closed above 6700. Buying was seen in technology, FMCG, banking, oil, pharma, metal, and auto stocks. Capital goods st
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Uniply Industries IPO opens on June 9
31st May, 2005 15:30
Uniply Industries is entering the capital market on June 9, 2005 with a public issue of 50,00,000 equity shares at a price of Rs 24 per share.
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Single person can start a firm: JJ Irani
31st May, 2005 15:22
The JJ Irani report says that even a single person can start company. The report further says that one third of directors in listed companies should be independent
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Midcaps to correct by 5-10%: LKP Shares
31st May, 2005 15:13
Kaushal Shah of LKP Shares and Securities, is bullish on the midcap space from a medium to long term perspective. He says a correction of 5-10% can be expected goi
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Infosys ties up with Alstom for R&D centre
31st May, 2005 14:38
Energy and engineering conglomerate Alstom revealed that it is teaming up with Infosys Technologies to set up a $39 million research and development center at
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Re over valued, cause for concern: Citigroup
31st May, 2005 14:20
The rupee touched a low of Rs 43.83 to a dollar in early trade today, dealers say it was due to a cash dollar shortage. The fact that the rupee is completely over
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Sesa Goa open to iron ore acquisitions
31st May, 2005 16:31
Sesa Goa has announced its FY05 results, which is up by Rs 462 crore. Its Q4 net is up by Rs 272 crore. But still it might not be possible for the company to perfo
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M&M, ITC, Wipro, Tata Power, Hind Motors...
31st May, 2005 16:10
Technical analyst E Mathew discusses M&M, Tata Power, HCL Technologies, ITC, Hindustan Motors, BPCL, Reliance, Wipro, and Infosys.
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A smart way around service tax on insurance
31st May, 2005 16:00
Life insurance companies cushioned the service tax blow by absorbing the burden. But that is not likely to continue this year. If companies pass on the tax, policy
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Jindal Polyfilms issue to raise Rs 300cr
31st May, 2005 15:39
India's largest manufacturer of flexible packaging films, Jindal Polyfilms is coming out with a public issue. The issue would finance the other projects of the com
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Gulf Oil targets 20% growth this year
31st May, 2005 15:20
Focus on midcaps has shown the value of Gulf Oil Company to its investors. The company is currently concentrating on drug master files and an international biotech
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Markets firm: Action in tech, bank & FMCG
31st May, 2005 15:13
The markets are trading firm amid gains in technology, banking, FMCG, oil, metal, auto, and pharma stocks. Losses however are seen in capital goods stocks.
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Rupee to slide on French EU vote: Deutsche
31st May, 2005 14:33
The French vote dismissing the EU constitution may not lead to a huge dollar rally, but the rupee is overvalued and is likely to slide. Foreign investors may also
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Dalal bullish on Kotak Mahindra
31st May, 2005 14:18
Amit Dalal of Amit Nalin Securities is bullish on Kotak Mahindra and said that he would hold and even buy Kotak Mahindra.
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