Moneycontrol News Archive

BSE penalises members for rigging KGN, Sylph stk prices

20th June, 2008 22:19

The Bombay Stock Exchange, or BSE, has penalised 222 members for rigging the share prices of KGN Industries, reports CNBC-TV18. It has also penalised 118 members f

Cash is king; focus on existing investments now: Experts 

20th June, 2008 20:24

KR Bharat, MD, Advent Advisors said it would take a long time for market to stabilize and bullishness to resume. Vetri Subramaniam, Head-Equity Funds, Religare Aeg

June 30 last day for submission of NELP-VII bids: DGH

20th June, 2008 20:05

The Directorate General of Hydrocarbons, or DGH, said the June 30 deadline to submit New Exploration Licensing Policy, or NELP, VII bids are unlikely to be extende

HDFC Bk hikes benchmark PLR by 25 bps to 15.25%

20th June, 2008 18:35

HDFC Bank has hiked its deposit rates by 25 bps with effect from June 18. It has also hiked its benchmark PLR by 25 bps to 15.25% effective from June 18. It said t

Rupee ends higher, bonds lower

20th June, 2008 18:00

The spot rupee ended higher at 42.93 per USD as against its previous close of Rs 42.97. The widely traded 8.24%, 2018 paper closed lower at 97.60 as against its pr

Inflation to remain high for next 4-5 mths: India Infoline

20th June, 2008 18:00

The markets have been understandably spooked by the higher than expected inflation number and investors now seem very worried about continued tightening by RBI. WP

Bharti AXA Life launches its CSR programme

20th June, 2008 17:50

Bharti AXA Life Insurance Company has announced the launch of its Corporate Social Responsibility programme, Bharti AXA Life Hearts in Action. The first initiative

Intas Biopharma acquires BPD Inc

20th June, 2008 17:29

Intas Biopharmaceuticals Limited has acquired US-based biotechnology corporation, Biologics Process Development Incorporated (BPD Inc.), based in Poway, California

Bullish on pvt sector banks: Angel Broking 

20th June, 2008 17:15

Vaibhav Agrawal, Banking Analyst, Angel Broking, is bullish on private sector banking stocks vis-à-vis their public counterparts. "We recommend top private sector

Sun Pharma sued again; Taro warns members of revised offer 

20th June, 2008 16:59

Israel's Taro Pharmaceuticals has filed a second litigation against Sun Pharma on June 15, reports CNBC-TV18. The suit, filed in an Israel court, is to stop Sun Ph

Which are the stocks & sectors to watch out for? 

20th June, 2008 16:56

The inflation shocker sent the indices over the proverbial cliff. Heavy selling continued right into the close of trade. Deepak Mohoni of Trendwatchindia is negati

Left Front ready to dump Govt, vote against it

20th June, 2008 16:49

The Left Front will withdraw support to the UPA Government and even vote against it in Parliament if it goes with talks with the International Atomic Energy Agency

Buy Mercator Lines, target of Rs 160: Religare

20th June, 2008 16:38

Religare Research has recommended a buy rating on Mercator Lines with a target price of Rs 160. At our target price, the stock would trade at a P/E of 6.9x and P/B

Buy Rohit Ferro Tech, target of Rs 216: Religare

20th June, 2008 16:30

Religare has recommended a buy rating on Rohit Ferro Tech with a target price of Rs 216. Riding high on the ferro alloy super cycle, as a severe ferro chrome suppl

Inflation is a threat to growth: CII

20th June, 2008 16:28

At 11.05% growth in WPI for the week ending 7th June 2008, inflation is reaching the concern zone, said CII in a press release issued here today. This is the first