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  • ICICI ups deposits, home loan rates 

    30th June, 2008 20:59

    India's largest private sector bank, ICICI has raised deposit rates by 0.5-1%. It has hiked home loan rates by 0.75% and revised floating reference rates for consu

  • Public sector cos up ATF prices by Rs 2,870-5,170/kl

    30th June, 2008 20:56

    Public sector oil companies have upped aviation turbine fuel, or ATF, prices by Rs 2,870-5,170 per kilolitre from tomorrow, reports CNBC-TV18, quoting Newswire18.

  • I-T Dept can't impose retrospective penalty: V'fone Counsel

    30th June, 2008 20:31

    It was the fifth day of hearing for the Vodafone tax case at the Bombay High Court. Today, Vodafone's lawyer attacked the Income Tax Act amendment. He said the tax

  • Setco Automotive PBT up by 11% at Rs 20.54cr

    30th June, 2008 19:58

    Setco Automotive consolidated Gross Sales of Setco Automotive was up by 31% touching Rs.241.80 crore. The Operating Profit grew by 16.45% and stood at Rs.32.64 c

  • Manaksia's net sales at Rs 1147.37cr for FY08

    30th June, 2008 19:49

    Manaksia consolidated net sales for FY08 stands at Rs 1147.37 crore, as against Rs 827.76 crore last year. For the year ended March 31, 2008, PAT climbed 39.28% Yo

  • ABG Shipyard delivers vessels to Lamnalaco Grp & Tag Sea

    30th June, 2008 19:40

    ABG Shipyard Ltd, the country's largest Ship building company delivers one vessels each to Lamnalco Group and TAG Sea Logistics

  • HCL Enterprise partners with GemStone Systems

    30th June, 2008 19:25

    GemStone Systems, the leading provider of the Enterprise Data Fabric (EDF), today announced a partnership with HCL Penstock, the financial services product enginee

  • Dena Bank, BoI hike BPLR by 50 bps

    30th June, 2008 19:21

    Dena Bank has raised its benchmark prime-lending rate by 50 bps, reports CNBC-TV18. It has raised deposit rates by up to 75 bps (100 bps=1%). Similarly, Bank of In

  • NCDEX- Trade details for June 30, 2008

    30th June, 2008 19:20

    NCDEX, 477 members (1,745 users) participated in trading on June 30, 2008 up to 5:00 pm and volumes were Rs 1,866 crore (one-way). There were more than 49,503 tr

  • How have MFs fared this year? 

    30th June, 2008 19:09

    The top losers on a week-on-week basis have been JM Emerging down 9.9%, JM Hi-Fi down 9.7% and JM Small and Midcap 9.2%. Since last week, the top gainers have been

  • Mindteck (India) FY07-08 revenues up by 38%

    30th June, 2008 18:50

    Mindteck (India) FY 07- 08 revenues up by 38% to Rs 32.50 crore; as compared to Rs 23.57 crore in the previous year. The Net Profit rose by 28 per cent to Rs 2.89

  • Indo Rama Synthetics net sales up by 26.5% in FY07

    30th June, 2008 18:35

    Indo Rama Synthetics (India) Ltd Net sales for the year rose by 26.5% to Rs 2545.52 crores as compared to Rs 2011.68 crores for FY 06 – 07. EBIDTA for the year als

  • Samsung to effect 5% price increase on its LCD Monitors

    30th June, 2008 18:16

    Samsung India announced its plans to effect a 5% price increase on its LCD Monitors. This price increase, which will range from Rs 250 to Rs 500 across the Samsung

  • No extension for arrear payments to UP sugar mills: SC 

    30th June, 2008 18:13

    The Supreme Court has refused to grant extension to UP sugar mills for payment of arrears. It did not come as a surprise and is not so much of a negative also.

  • See complete capitulation in mkts: Rada Advisors 

    30th June, 2008 18:08

    Nitin Raheja, CIO, Rada Advisors sees signs of complete capitulation taking place in the markets. "I see hopelessness around. These are all very telltale signs of

  • HDFC raises home loan rates by 50 bps 

    30th June, 2008 20:58

    India's second largest private sector bank, HDFC has raised home loan rates by 50 bps from July 1. Fixed home loan rates are to be priced at 14%. It has raised dep

  • Oil prices to touch $170/bbl in few weeks: OPEC  

    30th June, 2008 20:33

    India's proposal at Jeddah for a price band has not impressed OPEC. OPEC President Chakib Khelil feels that oil prices are going to go up to about USD 170 per barr

  • PM jibes Left, says CPM warning is nothing new 

    30th June, 2008 20:28

    With the Government giving out signs that it is ready to go ahead with the Indo-US Nuclear Deal, the Left has hardened its stand and may pull out of the Congress-l

  • SAT sets aside Karvy order of Sebi in IPO scam 

    30th June, 2008 19:53

    SAT sets aside Karvy order of SEBI in IPO scam, which held on June 22, 2007. On June 22, 2008, SEBI suspended Karvy Broking’s operation for 3 months and prevented

  • Lotus AMC sees prolonged bear mkt in India 

    30th June, 2008 19:49

    Ajay Bagga, CEO, Lotus Asset Management, said investors should sit on the sidelines and wait this out. "I don't think this is going to be a short timewise correcti

  • Usha Martin signs agreement to explore minerals

    30th June, 2008 19:34

    Usha Martin signs agreement to explore for minerals in the State of Jharkhand

  • Speculation not behind high oil prices: Shell

    30th June, 2008 19:23

    Jeroen Van der Veer, CEO, Shell, said one cannot say that high oil prices are the result of speculators in financial markets. "Tensions over future demand-supply m

  • 423 stocks hit 52-week low in today's trade

    30th June, 2008 19:21

    Markets are totally under a bear grip as it continues to break its psychological levels very quickly. Today, the Sensex closed below the April 2007 low. In this st

  • Jai Balaji's total revenue at Rs 1347.28cr

    30th June, 2008 19:11

    Jai Balaji's total revenue was Rs. 1,347.28 crore, representing an increase by 29.7% as compared with that of financial year 2006-07. The Net Profit saw a signific

  • Kamdhenu’s total income growth recorded at 23%

    30th June, 2008 18:58

    Kamdhenu Ispat Ltd., India’s leading brand in steel, construction and housing sector, attaining a 23 percent growth in the financial year 2007-08 outcomes, has pos

  • See more bond auctions later this year: Axis Bank 

    30th June, 2008 18:42

    RVS Sridhar, Senior Vice President Treasury, Axis Bank, said it would convey too much of negativity to the market if the dollar-rupee were to fly off the Rs 43 dol

  • Maytas Infra reports net profit of Rs 99.64cr

    30th June, 2008 18:24

    Maytas Infra Limited has reported a turnover of Rs.1, 637 crores for the year as against Rs. 601 crores, registering a growth of 172% over the previous year and an

  • See crude trading in $158-165/bbl range: Microsec Commerze 

    30th June, 2008 18:16

    Shamik Bhose, Advisor-Commodity Markets, Microsec Commerze, expects crude to trade in USD 158-168 per barrel range. "After the Jeddah meeting last week, the market

  • SQL Star Int'l sales up by 52%

    30th June, 2008 18:09

    SQL Star International Limited has announced its audited financial results for the year ended 31st March 2008. The performance for this financial year has been exc

  • Current account deficit in Jan-Mar at $1.04 bn

    30th June, 2008 18:01

    For the first time in three years, India posted a current account deficit in the January-March quarter. It was a small deficit of USD 1.04 billion but compares wit

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