Moneycontrol News Archive

Carrefour to join hands with Emmar MGF for retail foray

2nd June, 2008 20:31

Carrefour, the world's second largest retailer, will join hands with Emmar MGF for its India foray. It has already formed two companies for its cash and carry form

Tax benefits under DEPB restored for cement cos

2nd June, 2008 20:07

The government restores tax benefits under Duty Entitlement Passbook Scheme, or DEPB, to cement exports, reports CNBC-TV18.

LG to reposition itself as premium brand 

2nd June, 2008 19:57

LG India is on a mission to reposition itself. From a mass-market brand, LG is all set to go premium. The company has earmarked Rs 360 crore for branding and marke

M&M automotive sales including exports grow by 15.5%

2nd June, 2008 19:07

M&M automotive sales including exports grow by 15.5% in May 2008. Combined automotive sales, including exports in May 2008, were at 20,653 vehicles, as against 17,

Superhit Ratings: 24m viewers watched IPL final game 

2nd June, 2008 18:49

The finals of the DLF Indian Premier League had the perfect recipe for a blockbuster! What with a last ball finish and the tournament underdogs Rajasthan Royals cl

FII outflows could send mkts to Jan lows: HSBC Pvt Banking 

2nd June, 2008 18:33

Ajay Loganadan, Head of Investment Advisory Group, HSBC Private Banking, said high inflation is one of the main concerns for the market. "FIIs are not comfortable

Rel Comm, MTN may begin due diligence in 2 days

2nd June, 2008 18:30

CNBC-TV18 has learnt that Reliance Communications and MTN are likely to begin due diligence over the next two days. The two companies may be looking at a share swa

Loganadan neutral on the Metal, Energy 

2nd June, 2008 18:16

Ajay Loganadan of HSBC Private Banking is neutral on the metal as well as energy space.

Acquisition of Jaguar, Land Rover complete: Tata Motors

2nd June, 2008 18:09

Tata Motors says the acquisition of Jaguar, and Land Rover is complete, reports CNBC-TV18. JLR's David Smith would continue as CEO post the takeover by Tata Motors

S&P launches Asia Property 40 Index

2nd June, 2008 17:52

Standard & Poor's, the world's leading index provider, announced the launch of the S&P Asia Property 40 index, which will provide liquid exposure to the leading pu

Rupee, bonds end higher

2nd June, 2008 17:40

The spot rupee ended higher at Rs 42.40 per USD as against its previous close of Rs 42.46. The widely traded 8.24%, 2018 paper closed higher at Rs 101.01 as agains

ŠkodaIndia sells 1802 units in May ‘08

2nd June, 2008 17:30

ŠkodaIndia announced that the company has achieved sales of 1802 units in May 2008. With this figure ŠkodaIndia registered 122.5 % growth in sales as compared to 8

Hexaware appoints P R Chandrasekar as CEO & Vice Chairman

2nd June, 2008 17:14

Hexaware Strengthens Leadership Team; Appoints P. R. Chandrasekar as CEO and Vice Chairman and Prateek Aggarwal as CFO

General Motors India sales grow by 7% in May 2008

2nd June, 2008 17:00

General Motors India registered a growth of 7% in sales in the month of May 2008 as compared to the corresponding period last year. It sold 5789 units in May 2008

Mkts may test March lows if Sensex breaks 15845

2nd June, 2008 16:57

The Nifty has broken below a crucial level of 4768 and thus the Sensex support at 15845 becomes all the more critical. Any break below this level of 15845 will ope