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Moneycontrol News Archive : 7 May, 2005

  • Forex reserves fall $648mn to $141.898bn

    7th May, 2005 13:25

    India's foreign exchange reserves fell by $648 million (Rs 28382.4 million) to $141.898 billion (Rs 6215.1324 billion) in the week ended April 29; accordin

  • Be very careful while buying IPOs: Damani

    7th May, 2005 12:05

    The popular perception in middle India that it is a God-given right to earn the market rate of return for IPOs could be a rather costly presumption, feels Ramesh D

  • Stock watch: Colgate, ITC, Ranbaxy

    7th May, 2005 11:40

    Analyst discusses Colgate, ITC, Dr Reddy, Ranbaxy, Zee, Hindalco, Nalco and ITC for the coming week.

  • Sensex may reclaim 6900 levels by year-end

    7th May, 2005 11:31

    Analysts say that domestic factors, and not global cues, will now determine the markets. By the end of the year, if the Reliance dispute is settled, the Sensex sho

  • Indian textile exports to US shoot up

    7th May, 2005 11:04

    Indian textile exports to the US in April this year have grown in triple digits for cotton apparel and home linen. These figures reinforce the growth trends notice

  • Allahabad Bank Q4 net to fall 28.29%

    7th May, 2005 10:50

    A CNBC-TV18 poll says, Allahabad Bank Q4 net profit will fall 28.29% YoY at Rs 158.59 crore from Rs 221.14 crore. Net interest income should climb 32.97% YoY from

  • Wall Street ends with modest gains

    7th May, 2005 09:54

    Wall Street finished with modest gains yesterday as a surprisingly strong employment report raised fears that a surge in economic growth could spark inflation. The

  • Sebi to respond to Anil's letters shortly

    7th May, 2005 13:22

    Sebi is to take strict action against firms violating Clause 49 of the listing agreement, according to Sebi Chairman, M Damodaran. Sebi will also respond to Anil A

  • Sector Watch: Steel, FMCG

    7th May, 2005 11:58

    Steel as a sector is on the upswing among the commodities, and the commodities market is on the verge of an 18-year up cycle, feels market analyst Manish Chokhani.

  • Tata Motors April sales up at 23,889 units

    7th May, 2005 11:38

    Tata Motors' April sales have come in at 23,889 units. The company's car sales are up 6.4% MoM at 12,736 units. 'Indica' sales are up 7.9% MoM, while the 'Indigo'

  • No pressure on inflation: Finance Ministry

    7th May, 2005 11:10

    A senior Indian Finance Ministry official said that there was no upward pressure on domestic inflation.

  • Global autos shift focus to India

    7th May, 2005 10:51

    Many global auto chiefs have hit the road to India.

  • Car and home loan rates on the boil

    7th May, 2005 10:40

    HDFC Bank will charge 0.5% more interest for loans, Citibank will raise rates by 25-75 basis points, but ICICI Bank says, it will keep rates down as long as it can

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