Moneycontrol News Archive
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FOMC set to hold target rate: Experts
24th June, 2008 20:50
Most economists and market participants believe that the Federal Open Market Committee or the FOMC will keep its target rate unchanged at 2%, even if inflationary
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Tata Comm to buy addl 30% in Neotel
24th June, 2008 19:41
Tata Communications to buy a further 30% stake in South African telecom company Neotel, reports CNBC-TV18, quoting Newswire18.
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NCDEX- Trade details for June 24, 2008
24th June, 2008 19:09
NCDEX, 1,556 users participated in trading on June 24, 2008 up to 5:00 pm and volumes were Rs 2,098 crore (one-way). There were more than 56,298 trades put throu
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Jain Irrigation bags Rs 227.7mn export order
24th June, 2008 18:50
Jain Irrigation the Rs 20 bn agri irrigation company has secured an export order for supply of PVC pipes and fittings as well as sprinkler system for irrigation us
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Congress backs PM on Indo-US nuke deal 
24th June, 2008 18:34
A day ahead of the crucial Left-UPA meeting on the Indo-US nuclear deal, the Congress party has come out strongly in support of the deal. The party also made it cl
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Jeevansathi.com unveils its new TV commercial
24th June, 2008 18:20
Jeevansathi.com, India’s fastest growing matrimonial site, has launched its latest TV commercial. Through an interesting creative treatment, the ad emphasises that
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Rupee ends flat, bonds higher
24th June, 2008 17:53
The spot rupee ended flat at Rs 42.96 per USD. The widely traded 8.24%, 2018 paper closed higher at Rs 97.85 as against its previous close of Rs 97.35.
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GMR Group to foray in petrochemical biz
24th June, 2008 17:40
Infrastructure major GMR Group is all set to foray into petrochemicals. GMR will acquire ONGC’s stake in Kakinada refineries and petrochemicals. GMR's dreams of en
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Crude to breach $138/bbl soon: Commtrendz
24th June, 2008 17:20
T Gnanasekar, Director, Commtrendz, feels crude is likely to breach USD 138 per barrel soon. "Crude is moving up right now on threats to output cuts in Nigeria due
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Vodafone to file rejoinder in Bom HC
24th June, 2008 19:51
Vodafone and the income tax, or I-T Department will continue to slug it out in court over the USD 2 billion tax claim, reports CNBC-TV18. Vodafone is likely to fil
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Tatas to acquire majority stake in Neotel
24th June, 2008 19:15
Tata Communications has entered into an agreement with Eskom and Transnet (two South African state-owned enterprises) to acquire their 30% interest in Neotel, the
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Watch out for Mumbai's Skywalk!
24th June, 2008 19:01
Mumbai's just got its first Skywalk today; a pedestrian overbridge costing Rs 13 crore that pedestrians can use to avoid the congested roads. It is the first major
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Mkt downtrend clearly established
24th June, 2008 18:51
We remain in a very difficult kind of market condition at this point and all that talk of the market recovering and giving you rallies is actually more hope and pe
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HDIL Group makes foray into Broadcasting
24th June, 2008 18:40
HDIL Group is acquiring 51% shareholding in Broadcast Initiative Limited, one of the leading National Hindi News Channel, 51% shareholding in Sri Adhikari Brother
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Hyundai Motor India to subsidize fuel bills
24th June, 2008 18:11
Hyundai Motor India Ltd, India’s largest exporter and fastest growing auto manufacturer, in its first of its kind initiative, is offering a free fuel voucher worth
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MediaCorp Radio Station joins with BIG 92.7FM
24th June, 2008 17:59
As Singapore’s Radio Network MediaCorp, joins hands with India’s leading FM Network BIG 92.7 FM to offer the local populace, Singapore’s only Bollywood Radio Stati
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Bigadda designs MoBlog for Big B
24th June, 2008 17:50
Bigadda has introduced MoBlog exclusively for the Big B. Big B’s fans, who leave thousands of comments on his blog site everyday, will now be updated even when the
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HDFC Sec sees more near-term pain in mkts
24th June, 2008 17:34
Sanju Verma, ED, HDFC Securities, sees more pain in the near-term. "Investors are looking to cut their losses. A lot of the bad news is already priced in. Large sh
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Duncans Tea launches Double Diamond Gold
24th June, 2008 17:20
Duncans Tea Ltd, one of the leaders in branded packaged tea, has launched their Super Premium brand - Double Diamond Gold that offers a fine balance of flavour and
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Jet Airways Q4 net loss at Rs 221.2 cr
24th June, 2008 16:55
Jet Airways has announced its results for the quarter ended March 2008 (Q4). The company has incurred a net loss of Rs 221.2 crore versus loss of Rs 88 crore.
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