Moneycontrol News Archive
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BCCI suspends former chief Jagmohan Dalmiya
11th April, 2006 13:05
Heaping more humiliation on Jagmohan Dalmiya, the Board of Control for Cricket in India on Monday suspended the former Chief from attending all its meetings.
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Margins to dip in Q1: Murthy
11th April, 2006 12:48
iGATE Global Solutions has come out with its Q4 numbers. As per the company, the salary correction has hit its margins in Q4. Q1 margins are also expected to be
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Crude oil futures head towards USD 69/barrel
11th April, 2006 12:19
Crude oil futures headed up towards USD 69 a barrel mark. The surge is mainly due to rising tension over Iran's nuclear programme and continuing supply disruptions
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iGate Q4 net profit at Rs 4.7 crore
11th April, 2006 11:20
In Q4, iGate has posted a net profit of Rs 4.7 crore versus Rs 1.3 crore (QoQ). Q4 revenue is up 1.3% at Rs 167.37 crore from Rs 165.2 crore (QoQ).
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Bajaj Allianz to modify 12 ULIPs to meet norms
11th April, 2006 10:11
Bajaj Allianz Life said it would modify 12 of its existing unit-linked insurance plans (ULIP) to conform to the guidelines that will come into effect on July 1.
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BHEL bags order from GIPCL
11th April, 2006 10:00
State-owned equipment major Bharat Heavy Electricals Ltd (BHEL) has bagged a Rs 1,200-crore order from Gujarat Industries Power Company Ltd (GIPCL) for setting up
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HDFC Premier Multi-Cap bullish on ITC, L&T
11th April, 2006 15:19
HDFC Premier Multi-Cap Fund has increased its weightage to engineering, auto, FMCG, and IT sectors. ITC was the month's top buy, while Andhra Bank was the top sell
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Indian carmakers make a beeline for Malaysia
11th April, 2006 13:14
The National Auto Policy announced last month in Malaysia has eased taxation norms to attract foreign manufacturers. And Indian car makers like Tata Motors and Mah
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WalMart harbouring banking plans
11th April, 2006 13:02
The world's largest retailer -WalMart now plans to open a bank- Wal Bank, an industrial bank in Utah to process electronic payments from its stores.
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BSNL likely to post 20% dip in net profit
11th April, 2006 12:50
PSU telecom giant BSNL is likely to post a 20% dip in its net profits for the fiscal year 2005-06. Lower Access Deficit Charge Collections and Lower License Fee Re
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General entertainment space witnessing a churn
11th April, 2006 12:48
The general entertainment space is seeing a lot of churn. Hindi mass entertainment channels are losing viewership to other genres and within themselves, Zee and Sa
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Expect 15% EBITDA margins by 2007: iGate
11th April, 2006 12:41
iGate Global Solutions CFO N Ramachandran says that their quarterly margins have been slightly impacted due to some salary corrections. The company expects EBITDA
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12 IT SEZs approved by government
11th April, 2006 12:24
Twelve proposals for IT Special Economic Zones have been approved by the government. CNBC-TV18 reports that if the contentious issue of minimum area requirement is
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Copper & zinc prices hit a record high
11th April, 2006 12:14
Copper and zinc both rose to a record high, leading to a rally in metals. Base metal copper rose after the Mexican government failed to intervene in a 17-day strik
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India producing millionaires at faster pace
11th April, 2006 11:30
India is on the fast track in producing dollar millionaires, as compared to other countries in the world. Also, India's growth rate of 15% is one of the fastest in
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Riddhi Siddhi announces Rs 120-cr capex plans
11th April, 2006 09:51
Riddhi Siddhi Gluco Biols Ltd (RSGBL), manufacturer of starch and its derivatives, has announced capex plans worth Rs 120 crore to improve existing facilities and
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BSNL drops IPO plans this fiscal
11th April, 2006 09:27
The state-owned Bharat Sanchar Nigam Ltd (BSNL) has decided not to push ahead with its plans for the proposed initial public offering (IPO) in the current financia
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