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  • RBI raises bank dividend limit to 40%

    5th May, 2005 19:59

    The apex bank has raised the limit on dividends that banks can pay out from 33.3% to 40%. Additionally, banks with less than 7% NPA, and with a capital adequacy ra

  • Voting Rights Bill makes bank shares flare

    5th May, 2005 19:48

    The cabinet's decision to place before parliament a bill to remove the 10% cap on voting rights on shareholders in private banks has led to a huge flare up in bank

  • BHEL, BEL, ITC, Ranbaxy, TCS, L&T...

    5th May, 2005 19:17

    Ranbaxy and L&T are good stocks, while TCS may bottom out around 1100. BHEL, BEL and ITC are the picks for tomorrow.

  • How Fringe Benefit Tax will hit YOUR salary

    5th May, 2005 18:23

    Will you end up with a lesser salary, if companies have to pay more fringe benefits tax? Experts say that’s inevitable. So watch out, your Take Home is all set tak

  • 1820 to 1980 good range on Nifty: Das

    5th May, 2005 17:36

    Between 1900-1970, trading on Nifty would be quite comfortable and even at 1920-1930 levels, you would get a range of 1820-1980 which is a very good range for the

  • Margins not a function of growth: HDFC

    5th May, 2005 16:38

    Growth and margins are not as inextricable as they seem to be, feels HDFC MD Keki Mistry. The bank has collected more than Rs 1000 crore from its venture partner a

  • Rupee ends on a strong note

    5th May, 2005 16:19

    The rupee firmed to a fresh three-month high on Thursday morning, boosted by persistent speculation of a yuan revaluation. Bonds drifted lower and according to dea

  • Asian markets gain: Taiwan up over 2%

    5th May, 2005 16:00

    Asian markets have closed higher. The Hang Seng closed up 0.84% at 14,061.70 and the Straits Times closed down 0.06% at 2,148.10.

  • Charts aren't good for banking: Expert

    5th May, 2005 15:36

    Anil Manghnani is of the view that charts are not giving any good indications on banking stocks.

  • Welspun hopeful of Rs 650cr sales ahead

    5th May, 2005 15:27

    Welspun is hopeful of seeing a big revenue growth this year because of the sales kicking in from the new plant. Rajesh Mandawewala, Ex-Director and CEO of Welspun

  • Overall business growth is good: UCO Bank

    5th May, 2005 15:16

    UCO Bank is optimistic about the bank's performance.

  • Hold HDFC for long term, says Manghnani

    5th May, 2005 15:12

    Anil Manghnani feels that HDFC is a strong stock. It can again reach its recent high of Rs 830. It has good FII and FI holdings also. Investors must hold this stoc

  • Keep target of Rs 175 in Tata Chemicals

    5th May, 2005 15:05

    Anil Manghnani feels that Tata Chemicals has just seen a break out. The stock is expected to go up. He suggests booking profits at Rs 175.

  • M&M Scorpio sales creep up

    5th May, 2005 14:37

    Scorpio sales have seen an increase at 2438 units, compared to 2,028 units in the last year. While month-on-month, sales figures excluding tractors are down at 10,

  • Lupin in $10.5mn pact with Cornerstone

    5th May, 2005 14:34

    Lupin has signed a marketing pact with Cornerstone BioPharma and Lupin will get $10.5 million milestone payment from Cornerstone BioPharma.

  • FM says FBT maybe simplified

    5th May, 2005 19:52

    Assuring that there would be no harassment while administering the Fringe Benefit Tax, FBT, Finance Minister P Chidambaram today said the government was willing to

  • Dutch, BASF to sell Basell

    5th May, 2005 19:24

    Energy group Royal Dutch/Shell and German chemicals group BASF said on Thursday they had agreed to sell their Basell 50/50 joint venture for 4.4 billion euros (

  • Your take-home will be hit after FBT

    5th May, 2005 18:26

    CFO of Infosys Technologies TV Mohandas Pai says that fringe benefits will now be converted to allowances as part of your CTC. That means, your take-home is set to

  • Volumes not to pick up until indices move up

    5th May, 2005 17:57

    According to Sajiv Dhawan of JV Capital Services, if market can stay above 1965-1970 level for the next day or two then one could see a change in sentiment.

  • Bank reforms- a right step: SP Tulsian

    5th May, 2005 17:02

    The Banking Index is up 2.8% and most of the private bank averages are more than their 10 day averages, because of the liberalisation policy and Investment Advisor

  • Resistance level of 1970-2000 close: Arora

    5th May, 2005 16:37

    According to Sandeepa Arora of India Infoline, one should be cautious because the market is very close to a strong resistance level of 1970-2000.

  • F&O volumes improve slightly

    5th May, 2005 16:04

    Volumes improved slightly today in F&O trade. The turnover was at Rs 8,709 crore.

  • Markets up: Bank, tech, & pharma gain

    5th May, 2005 15:55

    The markets gained for the fourth day in a row. The bank, technology, and pharma stocks were among the major gainers. Some weakness however was seen in the FMCG sh

  • Flextronics Q4 net at Rs 30.10cr

    5th May, 2005 15:29

    Flextronics Software Systems net is at Rs 30.10 crore (Rs 301 million) and revenue at Rs 129 crore (Rs 1.29 billion).

  • Sell Dena Bank at every rise, says Manghnani

    5th May, 2005 15:22

    Anil Manghnani is of the view that Dena Bank is the weakest in the banking sector. Investors must exit the stock at every rise.

  • Larsen and Toubro up on large volumes

    5th May, 2005 15:15

    Larsen and Toubro has touched an intraday high of Rs 1,046 and an intraday low of Rs 992. At 3:02 pm the share is quoting at Rs 1,033.15, up Rs 36.45, or 3.66%.

  • Sell Hexaware Technologies: Baliga

    5th May, 2005 15:10

    Ambareesh Baliga feels that Hexaware Technologies has not performed as per the expectations. Its revised P/E for the stock is expensive at Rs 21-22. He suggests se

  • Shopper's Stop IPO subscribed 16.96 times

    5th May, 2005 14:51

    The Shopper's Stop IPO closed yesterday. It has been subscribed 16.96 times.

  • ACC Q4FY05 net seen up 4.1%: Poll

    5th May, 2005 14:34

    Associated Cement Companies, ACC's, Q4FY05 (YoY) net profit is up 4.1% to Rs 110.2 crore and FY05 (YoY) for ACC shows net profit up 61.4% to Rs 323.1 crore.

  • Exit Chambal Fertilisers at Rs 20:Manghnani

    5th May, 2005 14:31

    Anil Manghnani is of the view that charts for Chambal Fertilisers and Chemicals are not strong. He suggests keeping a stoploss of Rs 26 in the stock.

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