Moneycontrol News Archive

Mukta Arts can give returns over 50% in 6 to 12 mths

23rd February, 2007 20:38

Investment Advisor, SP Tulsian believes that Mukta Arts at Rs 72 holds good potential to appreciate and can give returns over 50% in the next 6 to 12 months.

IBEF Research: Zuari Cement (Italcementi Group)

23rd February, 2007 19:50

Italcementi Group is the fifth largest producer of cement in the world and one of the ten largest industrial enterprises in Italy.

Fin Min to look into consolidation of PSU banks

23rd February, 2007 19:34

The Finance Minister is likely to address the issue of consolidation between public sector banks in this year’s Budget, according to sources, reports CNBC-TV18.

Canara Bank may buy Dena Bank: Sources

23rd February, 2007 19:05

Big bang banking consolidation talk is back. Sources close to the Finance Ministry say that Canara Bank has designs of buying Dena Bank, reports CNBC-TV18.

Nissan, M&M, Renault plan Rs 8000 cr Chennai unit

23rd February, 2007 18:51

Chennai is where the Nissan, M&M and Renault joint-venure will set up shop. The three automakers will pump in about Rs 8000 crore to set up a car manufacturing fa

Experts want Finance Minister to extend tax exemptions

23rd February, 2007 18:33

The finance minister may want to scrap tax exemptions but tax experts want him to fix the tax administration and over Rs one-lakh crore in arrears reports CNBC-TV1

Buy Power Finance Corporation at lower levels 

23rd February, 2007 18:26

Ambareesh Baliga of Karvy Stock Broking is of the view that investors can buy Power Finance Corporation at lower levels.

Page Industries issue Over Priced: Khandwala Sec

23rd February, 2007 18:22

Page Industries is open for subscription with an initial public offering of 2,804,000 equity shares of Rs 10 each. Khandwala Securities said that the issue seems t

Budget must rev up growth in manufacturing

23rd February, 2007 18:15

The manufacturing sector, which has maintained a stdeady growth of 17 per cent, needs to accelerate its pace so as to push the economic growth into a still faster

Apply for Tubeknit IPO with long term view: Keynote

23rd February, 2007 18:05

Tubeknit Fashions is open for subscription with an offer for sale of 5,20,000 equity shares of Rs 10 each and public issue of 37,55,000 equity shares of Rs 10 each

Buy cement stocks at lower levels 

23rd February, 2007 17:41

Ambareesh Baliga of Karvy Stock Broking is of the view that at least for one-two quarters may not be too good for cement sector but then these levels or possibly l

Rupee, bonds close higher

23rd February, 2007 17:39

The rupee finished higher as exporters sold dollars, banks unwound long dollar positions.

Rate hikes result of RBI move: ICICI Bank 

23rd February, 2007 17:02

ICICI Bank has hiked deposits and lending rates once again - by 50 basic points. V Vaidyanathan, Executive Director of ICICI Bank said it was coming after the RBI'

Below Rs 165, ITC can touch Rs 155-157 

23rd February, 2007 16:44

Technical Analyst, Rajat K Bose is of the view that Below Rs 165, ITC can touch Rs 155-157.

Firstsource Solutions look expensive 

23rd February, 2007 16:25

Sanju Verma of Refco Sify Securities is of the view that at current levels Firstsource Solutions is looking expensive.