Moneycontrol News Archive

Weak session for MF NAVs as mkts decline

14th July, 2008 23:41

It was a weak session for equity diversified NAVs as markets ended in negative terrain amid extreme volatility through the day as selling pressure was seen in tech

Mkts trade lackluster with low volumes, no conviction 

14th July, 2008 20:47

It was a bit of a nothing kind of day on such low volumes. The market tossed around a little bit. It was a bit soft in the morning, a bit better in the afternoon b

Anheuser-Busch to be bought by InBev for $52bn

14th July, 2008 20:31

The 156-year old Anheuser-Busch, which is the maker of Budweiser beer will be bought by Belgian brewer InBev for USD 52 billion. The Belgian company will now overt

Birla MF bets on pharma, chemical, IT stocks

14th July, 2008 20:10

Birla MF has cut its holding from cement, banking & financial services and utilities. Balrampur Chini Mills, Hindustan Unilever and Ranbaxy Labos top buys while JP

Centrica extends its outsourcing relationship with EXL

14th July, 2008 19:47

ExlService Holdings, Inc., a leading provider of transformational outsourcing solutions, announced the extension of its contract with Centrica under the terms of t

NCDEX- Trade details for July 14, 2008

14th July, 2008 19:34

NCDEX, 481 members 1,677 users participated in trading on July 14, 2008 up to 5:00 pm and volumes were Rs 1,797 crore (one-way). There were more than 47,747 trad

Are banking stocks a good buy now?

14th July, 2008 19:19

Average net asset values of diversified equity funds rose for the first time in eight weeks for the week ended July 11. Fund managers made tentative purchases in b

See Sensex heading to 12K levels: Vibhav Kapoor 

14th July, 2008 19:12

Vibhav Kapoor of IL&FS said macro fundamentals are really negative at this point of time. He expects the Sensex to go down to 11,500 to 12,000 levels. "That's prev

CMC not affected excessively by rupee volatility

14th July, 2008 19:00

CMC has declared its first quarter numbers. It has posted consolidated net profit of Rs 23.64 crore for the quarter ended June 2008 as against Rs 24.01 crore in pr

Intel India launches online marketplace for SMBs

14th July, 2008 18:45

Intel India introduced an online storefront and business solution Web portal designed for small and medium-sized businesses. The Intel Business Exchange brings tog

Everonn System’s Profit up by 5 folds to Rs 3.07cr in QoQ

14th July, 2008 18:28

Everonn System’s registered a 5 fold increase in nett. profit to Rs. 3.07 cr for the quarter ended June 30, 2008 from Rs.0.61 cr in the corresponding quarter last

V-Guard Industries post Rs 374.23mn PAT

14th July, 2008 18:15

V-Guard Industries posted Rs 374.23 million profit after tax for the year ended March 31, 2008, compared to Rs 182.39 Million in the previous. Income from operatio

TAKE Solutions partners with LIBA

14th July, 2008 17:52

TAKE Solutions partners with LIBA to launch Center of Excellence for Supply Chain Management

Developers in Mumbai hike lease values 

14th July, 2008 17:45

The economy may be slowing down but real estate rentals in Mumbai are showing no such signs. A lack of quality office space in the city continues to push rentals u

ICICI Pru Dynamic bets on IT, banking; sells media, metal

14th July, 2008 17:32

ICICI Prudential Dynamic Plan enlarged its exposure to IT, Tobacco, Bank, Pharma stocks while weightage to media, metal, telecom and automotive sector slid.