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  • Stocks to trade at lower PE multiples: Raamdeo Agrawal 

    24th June, 2008 21:23

    Raamdeo Agrawal, MD, Motilal Oswal said he was surprised that both the rate hikes came together. "However, expectations of a rate hike were built-in. The bulk of t

  • 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

  • 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.

  • 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

  • India Information Security Conference kicks off in Mumbai

    24th June, 2008 18:59

    The India Information Security Conference 2008, organised by 9.9 Mediaworx was inaugurated in Mumbai with over 15 industry stalwarts from across the country shared

  • 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

  • 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

  • unveils its new TV commercial

    24th June, 2008 18:20, India’s fastest growing matrimonial site, has launched its latest TV commercial. Through an interesting creative treatment, the ad emphasises that

  • Dabur to grow product portfolio, int'l mkt share 

    24th June, 2008 18:01

    Double digit inflation not withstanding, Dabur is moving ahead with its expansion plans; both organic and inorganic. The company aims to grow its market share in A

  • 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.

  • 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

  • Apollo Hospitals FY08 cons PAT down at Rs 77.10 cr

    24th June, 2008 17:28

    Apollo Hospitals Enterprises has announced its FY08 results. The company's consolidated net profit was down at Rs 77.10 crore from Rs 95.40 crore, YoY.

  • 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

  • S Kumars, Indivest to invest Rs 900cr in Reid & Taylor

    24th June, 2008 17:04

    S Kumars and Indivest Pte will invest Rs 900 crore via fresh shares and warrants in Reid & Taylor, reports CNBC-TV18. Indivest is an affiliate of GIC Investment. S

  • Ramco posts global revenues of USD 50.66m for FY07-08

    24th June, 2008 16:55

    Ramco has posted positive growth and recorded global revenues of USD 50.66 m for the financial year 2007-08.

  • RBI hikes CRR, repo rate; experts see growth, mkts impacted 

    24th June, 2008 21:00

    The Reserve Bank of India, or RBI, has moved yet again in its ongoing fight against rising inflation, reports CNBC-TV18. It has hiked the Cash Reserve Ratio, or CR

  • 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

  • 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

  • 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

  • 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

  • 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

  • PSL revenues improve 40% to Rs 2261cr for FY07-08

    24th June, 2008 18:29

    PSL Limited Announces Annual Financial Results FY2007/08 Revenues improve 40% to Rs. 2,261 cr. FY2007/08 PAT up 36% to Rs. 84.77 cr. Declares Final Dividend of

  • 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

  • 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

  • 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

  • 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

  • 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

  • NGOs can use UltraKey to impart touch-typing training

    24th June, 2008 17:09

    Bytes of Learning Incorporated, and NASSCOM Foundation will offer Bytes of Learning’s highly praised UltraKey typing instruction software to non-profit groups and

  • Honda rolls out third generation City by year-end 

    24th June, 2008 17:00

    Honda's super succesful City will drive out in a new avataar by the end of the year. It is a hatrick for Honda: the new Accord, Civic Hybrid and the City. After a

  • 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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