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  • Mutual Fund NAVs end sharply lower

    12th February, 2008 23:24

    Equity diversified NAVs ended sharply lower with negative advance:decline ratio of 10:190 yesterday as the markets traded with volatility for most part of the day

  • J Kumar Infra sees FY09 sales at Rs 450 cr 

    12th February, 2008 22:15

    J Kumar Infraprojects (JKIL) listed at Rs 109, vs its offer price of Rs 110 per share. Nalin Gupta, Executive Director, said FY09 sales are seen at Rs 450 crore, w

  • AP cuts sales tax on jet fuel from 33% to 4%

    12th February, 2008 20:19

    The Andhra Pradesh government has cut sales tax on jet fuel from 33% to 4%, reports CNBC-TV18.

  • Mkts can fall another 7%: India Infoline 

    12th February, 2008 18:33

    Speaking to CNBC-TV18, Nirmal Jain, MD, India Infoline, said the market can fall another 5-7% and stabilize at lower levels. Global hedge funds are finding it diff

  • KIM ENG Secs bullish on Kalpataru Power, Apar Ind 

    12th February, 2008 18:24

    Jigar Shah, Senior Vice-President and Head of Research, KIM ENG Securities, is bullish on Kalpataru Power and Apar Industries. Kalpataru Power has a presence in pi

  • NCDEX-Trade details for February 12, 2008

    12th February, 2008 18:05

    NCDEX, 506 members (2,364 users) participated in trading on February 12, 2008 up to 5:00 pm and volumes were Rs 2,472 crore (one-way). There were more than 69,94

  • Rupee ends higher

    12th February, 2008 17:54

    The spot rupee ended higher at 39.66 per USD as against its previous close of Rs 39.69.

  • Bullish on power: Gartmore Investment Management 

    12th February, 2008 17:44

    Christopher Palmer of Gartmore Investment Management has a view that the way they are approaching India right now is by simply defining and advancing prices and al

  • Tata wants excise cut across all passenger vehicles 

    12th February, 2008 17:40

    Tata Motors may use automotive mission plan to seek some fiscal incentives for its small car Nano. Tata Motors' MD Ravi Kant said, “We have asked for a uniform exc

  • Tata AIG Life launches InvestAssure Future

    12th February, 2008 17:30

    Tata AIG Life Insurance Company Limited today announced the launch of InvestAssure Future, its unit-linked pension plan. InvestAssure Future is designed to help t

  • Bring down excise duty on cement to 6%: Binani

    12th February, 2008 17:25

    Vinod Juneja, Deputy Managing Director, Binani Group expects a boost to be given to the power sector to enhance the prospects for the cement industry. He expects s

  • Don't see knee jerk reaction below 16k: Mangal Keshav 

    12th February, 2008 17:17

    Speaking to CNBC-TV18, JP Sinha of Mangal Keshav said he does not see a knee-jerk reaction below 16,000. He added that if it happens, it is a good opportunity to b

  • Fuel price hike unlikely before Budget: ONGC

    12th February, 2008 17:14

    Oil and Natural Gas Corporation of India, or ONGC, said the decision on a fuel price hike is unlikely before the Budget, reports CNBC-TV18, quoting Newswire18. The

  • BAE Systems,Mahindra Defence to dvlp mine protected vehicle

    12th February, 2008 17:01

    BAE Systems and Mahindra Defence to discuss joint development of Indian mine protected vehicle

  • Anand Rathi Comm sees crude above $100/bbl in near-term 

    12th February, 2008 16:49

    In an exclusive interview to CNBC-TV18, Kishore Narne, VP of Anand Rathi Commodities said, it was time to go long on crude. He said, “We can probably take a risk o

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