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  • Most pain in mkts may be over: Raamdeo Agrawal 

    17th July, 2008 20:56

    Raamdeo Agrawal, Director and Co-Founder, Motilal Oswal Securities, said valuations are around 12-13 times earnings, so most of the pain may be over, he said. "We

  • Inadequate funds to solve Bangalore's infra issues 

    17th July, 2008 20:39

    The Karnataka government admitted in its Budget session today that it does not have the money to solve Bangalore's infrastructure problems. Rs 36,000 crore is the

  • Global mkts dangerously poised: Kotak Secs 

    17th July, 2008 20:00

    Ketan Karani, Kotak Sec said Fannie Mae & Freddie Mac have a total liability of USD 5,000 billion. "Countries like Russia, China, & India hold these kinds of debts

  • IDFC Q1 net profit seen up 6.8% at Rs 193.28 cr

    17th July, 2008 19:40

    IDFC is to declare its first quarter results. According to CNBC-TV18 estimates, the company’s Q1 net profit is seen up 6.8% from Rs 180.98 crore to Rs 193.28 crore

  • Wind River announces Wind River Test Management

    17th July, 2008 19:23

    Wind River expands presence in test automation market for device software. With the introduction of Test Management, Wind River is expanding its presence in the de

  • Ultratech Q1 PAT seen down 7% at Rs 241 cr

    17th July, 2008 18:52

    Ultratech is to decalre its Q1FY09 results. According to CNBC-TV18 estimates, its net sales are seen up at Rs 1480 crore versus Rs 1365 crore.

  • Wipro Q1 net profit seen at Rs 873.9 cr

    17th July, 2008 18:24

    Wipro is to declares its Q1FY09 results. According to CNBC-TV18 estimates, its revenues are seen up 3% to Rs 5762.1 crore versus Rs 5595.3 crore.

  • RIL sent 4th letter threatening action over MTN: R-Comm 

    17th July, 2008 18:14

    Reliance Communications said that RIL sent its fourth letter threatening legal action over MTN, reports CNBC-TV18. RIL said that it has commenced arbitration proce

  • Ankur Drugs appoints Jayesh Trivedi

    17th July, 2008 18:09

    Ex-Ranbaxian to Head International Operations at Ankur Drugs. Mr. Jayesh Trivedi sees Ankur as ‘a strong and serious player’. With India gaining ground as a prefer

  • ITeS sector luckiest amidst dip in hiring 

    17th July, 2008 17:46

    Double-digit inflation and paralyzing oil prices may just cost you a job but people in the ITeS sector may be a little luckier. There is a further dip in the hirin

  • Vishal Information Tech IPO opens on July 21

    17th July, 2008 17:00

    Vishal Information Technologies, a company in the field of ITES/BPO services and a subsidiary of Tutis Information Technologies proposes to enter the capital marke

  • Countdown UPA: 4 MPs give Cong the headache

    17th July, 2008 16:59

    Congress leaders are smiling for the camera and say the Government would win the vote of confidence in Parliament on July 22 but deep within they know it’s going t

  • Buy SBI, Axis Bank: Mohindar 

    17th July, 2008 16:42

    Rahul Mohindar of Viratechindia is of the view that one can buy SBI, Axis Bank, Union Bank from a medium-term to long-term perspective.

  • Boeing appoints Swati Rangachari as Director- Corp comm

    17th July, 2008 16:38

    Boeing names Swati Rangachari as India Communications Director. Rangachari holds a post graduate degree in business management from the FORE School of Management i

  • Polaris QoQ revenues up by 11% to Rs 316.98cr

    17th July, 2008 16:35

    Polaris reports 87% growth in profits. Polaris Software Lab Limited (POLS.BO), a leader in Specialty Application Development in Banking, Financial and Insurance se

  • Ambiguity in DCGA norms to rescue rich & famous 

    17th July, 2008 20:47

    Ambiguity in the DCGA norms could come to the rescue of the rich and famous who have been flying around in their private jets. High fliers like Mukesh and Anil Amb

  • Unsure if today's pullback rally will continue 

    17th July, 2008 20:23

    There was a very good performance from the markets after a long time. But we don’t know if we can extrapolate that to a firm trend just yet. Right now, it is a pul

  • Tech Battle: Infosys versus TCS  

    17th July, 2008 19:52

    TCS Q1 consolidated net profit of Rs 1,243.6 crore versus Rs 1,255.9 crore. Infosys Q1 consolidated net profit of Rs 1,302 crore versus Rs 1,249 crore.

  • Allahabad Bank Q1 net profit seen at Rs 143.53 cr

    17th July, 2008 19:35

    Allahabad Bank is to announce its Q1FY09 results. According to CNBC-TV18 estimates, its net interest income is seen down 3.54% from Rs 451.12 crore to Rs 435.13 cr

  • Tata Steel Apr-June sales were up 11% at 1.08 mt

    17th July, 2008 18:59

    Tata Steel's April-June sales were up 11% at 1.08 mt, YoY. For the same period its crude steel output was up 8.6% at 1.25 mt, YoY.

  • JP Associates Q1 PAT seen up at Rs 171 cr

    17th July, 2008 18:40

    Jaiprakash Associates to announce its Q1FY09 results. According to CNBC-TV18 estimates, its net sales are expected to go up at Rs 1142 crore versus Rs 927 crore.

  • Satyam Q1 net profit seen up 10.1% to Rs 514 cr

    17th July, 2008 18:19

    Satyam Computer Services is to announce its Q1FY09 results. According to CNBC-TV18 estimates, the company’s revenues are expected to go up 9.9% to Rs 2655 crore ve

  • Rupee ends higher, bonds lower

    17th July, 2008 18:11

    The spot rupee ended higher at 42.81 per USD as against its previous close of Rs 43.08. The widely trading 8.24%, 2018 paper closed lower at Rs 93.74 as against it

  • Cipla Q1 net profit seen up 30% at Rs 156 cr

    17th July, 2008 17:54

    Cipla is to announce its Q1FY09 results. According to CNBC-TV18 estimates, the company's net sales is seen up 19.8% at Rs 1080.58 crore versus Rs 901.83 crore.

  • Inflation at 11.91%; Experts rule out major rate hike 

    17th July, 2008 17:31

    Inflation for the week ended July 5 is at 11.91% versus 11.89%. Sachchidanand Shukla, Chief Economist, Enam said that it’s not time for the RBI to take its guard

  • Beaten down sectors made good bounce back 

    17th July, 2008 16:59

    It has not been a bad day for the market, a bit volatile that would expect but after the initial pull down, after the gap up in the morning the market has managed

  • Hikal's net sales up by 63% to Rs 91.9cr

    17th July, 2008 16:56

    Hikal Q1 net sales up 63% to Rs. 91.9 crore, PAT jumps 23% to Rs. 10.7 crore. PAT has risen by 23% to Rs 10.7 crore from Rs.8.7 crore the same quarter last year ev

  • Reduce Tata Consultancy Services, tgt Rs 780: IIFL

    17th July, 2008 16:42

    IIFL has recommended a reduce rating on Tata Consultancy Services with a 12-month target price of Rs 780. Uncertainty in the business environment continues and mat

  • $131/bbl critical support level for crude: Global Fin Mkts 

    17th July, 2008 16:38

    Bharath Kumar of Global Financial Markets said that he is watching the critical support of USD 131 per barrel. "Once it breaches around USD 129-131 per barrel on t

  • Buy HDFC, target of Rs 2326: IIFL

    17th July, 2008 16:34

    IIFL has maintained its buy rating on Housing Development Finance Corporation with a 12-month target price of Rs 2326. HDFC’s 1QFY09 results carried no surprises a

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