Moneycontrol News Archive

Buy Bharti Airtel,Reliance Comm: Motilal Oswal

22nd December, 2008 20:48

Motilal Oswal has maintained its buy rating on Bharti Airtel with a target of Rs 1020 and Reliance Communications with a target of Rs 350.

Cairn India looks little expensive: A Tandon

22nd December, 2008 20:40

Anand Tandon of Brics Securities is of the view that Cairn India looks little expensive because it is trading at the upper end of the band both in terms of the und

Tata Motors to inject money for JLR bailout 

22nd December, 2008 20:21

The Financial Times (FT) reports that Tata Motors will inject "tens of millions" of pounds into its struggling British arms - Jaguar & Land Rover. A cash injection

FIIs net sells of Rs 191.49 cr on Dec 22

22nd December, 2008 20:10

FIIs were net sellers to the tune of Rs 191.49 crore in equity in today's trade (Provisional).

US markets open mixed ; Dow up 10 points

22nd December, 2008 20:05

US markets have opened mixed. The Dow Jones Industrial Average is up 10.27 points or 0.12% at 8,589.38. The Nasdaq down 1.13 points or 0.07% to 1,563.19 and S&P 50

Buy Apollo Tyres, target of Rs 45: Sharekhan

22nd December, 2008 19:49

Sharekhan has maintained its buy rating on Apollo Tyres with a target of Rs 45. At the current market price of Rs 19, the stock discounts its FY2010E earnings by 4

Praj organizes 'Maha Intrapreneur 2008'

22nd December, 2008 19:20

Praj Industries, global biofuels technology and engineering Company is celebrating its Silver Jubilee. To commemorate this milestone, Praj will be organizing a se

HCL inaugurates new Software Development Center at Jaipur

22nd December, 2008 19:13

HCL Infosystems, India's premier information enabling and leading ICT System Integration Company inaugurated its Software Development Centre ‘Center of Excellence

Buy Bank Of Baroda: Motilal Oswal

22nd December, 2008 19:00

Motilal Oswal has recommended a buy rating on Bank Of Baroda (BOB). As of September 2008, SME loans were Rs 127 billion (14% of the portfolio) and gross NPA ratio

Motilal Oswal neutral on BHEL

22nd December, 2008 18:53

Motilal Oswal has downgraded its rating on Bharat Heavy Electricals (BHEL) with a target of Rs 1385. Since January 2008, BHEL has outperformed BSE-Sensex by 6% and

Govt for tougher Wi-Fi norms 

22nd December, 2008 18:41

The government is going full steam on calling for securing of Wi-Fi networks. An inter-ministerial committee had been set up as a consequence of what had happened

JP Associates okays merger of 4 cos with self 

22nd December, 2008 18:30

JP Associates said it will merge Jaypee Hotels, Jaiprakash Enterprises, JP Cement, and Gujarat Anjan with self, reports CNBC-TV 18.

Left trains guns on R-ADAG over UBS issue 

22nd December, 2008 18:21

CPI-M leader Basudeb Acharia told CNBC-TV18 that he has written to the Prime Minister regarding reports Reliance ADAG misusing funds raised overseas. Acharia said

Fidelity announces dividend in Fidelity Flexi Gilt Fund

22nd December, 2008 18:11

Fidelity Mutual Fund has announced a dividend of Rs. 0.70 per unit (Face Value of Rs.10 per unit) in its open-ended, gilt scheme, the Fidelity Flexi Gilt Fund, sub

Rupee, bonds end lower

22nd December, 2008 18:00

The spot rupee ended lower at Rs 48 per USD as against its previous close of Rs 47.25. The widely traded 8.24%, 2018 paper closed lower at Rs 118.07 as against its