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Moneycontrol News Archive : 7 June, 2008

  • Realty prices set to rise on rising input costs in B'lore 

    7th June, 2008 17:02

    Real estate developers can no longer bear the brunt of rising input costs. They now plan to pass the burden on to their customers. So, realty prices in Bangalore w

  • It's raining umbrellas in Alleppey 

    7th June, 2008 14:13

    Kerala, which welcomes the monsoon first, is also awash with umbrellas of all shapes and sizes. Small or large, every umbrella manufacturer here in Alleppey is rej

  • BIAL plagued by inadequate cargo facilities 

    7th June, 2008 13:59

    If you are sending a package to or from Bangalore, be prepared for a delay of at least two days. That's not all, you will be paying more for it too! Air cargo age

  • SpikeSource selected to ‘The SmartTechie’ list

    7th June, 2008 13:54

    SpikeSource selected to the ‘The SmartTechie’ list of ‘Top 25 Emerging Technology Companies’

  • B'lore cab drivers to cash in on fuel price hike 

    7th June, 2008 13:34

    Bangalore's cab operators are looking to cash in on the recent fuel price increase and bargain for higher fares. While fuel prices have been hiked by 10%, they say

  • Kochi's Marine Drive is costliest realty in Kerala 

    7th June, 2008 13:25

    A gorgeous sunset view, boat jetties bobbing in the water, the famous chinese fishing nets and the gentle breeze from Vembanad Lake. All this has made Marine Drive

  • Renault, Nissan break ground for new plant in India

    7th June, 2008 13:16

    Renault Nissan Automotive India Private Limited hosted the ground breaking ceremony for its new passenger vehicle plant in Chennai, India, expected to begin operat

  • PM calls for austerity in office to curb inflation 

    7th June, 2008 13:12

    With inflation on an all time high coupled with the recent hike in petrol and diesel prices, Prime Minister Manmohan Singh has called for austerity in office. And

  • RBI-Bulletin Weekly Statistical Supplement-Extract

    7th June, 2008 12:55

    Reserve Bank of India – Bulletin Weekly Statistical Supplement – Extract

  • 182-day Treasury Bills auction

    7th June, 2008 12:48

    The Reserve Bank of India has announced the auction of 182-day Government of India Treasury Bills for notified amount of Rs.500 crore. The auction will be conducte

  • 8.24% Government Stock, 2018 (Re-issue)

    7th June, 2008 12:31

    8.24% Government Stock, 2018 (Re-issue) and 7.95% Government Stock, 2032 (Re-issue) - Auction results

  • Will Sensex touch 20k by 2011? 

    7th June, 2008 12:23

    Ralph J Acampora, Chartered Market Technician or CMT, Director of Technical Studies, New York Institution of Finance said that Sensex had a huge move from 2003. It

  • Cummins an outperformer, tgt Rs 340: Karvy

    7th June, 2008 12:11

    Karvy research has maintained outperformer rating on Cummins India with rarget price of Rs 340. Export revenue which contributed 30% to the total revenue reported

  • Buy Thermax, tgt Rs 480: Asit C Mehta

    7th June, 2008 11:47

    Asit C. Mehta. has maintianed buy rating on Thermax with target price of Rs 480. At current market price of Rs 431, the stock trades at PE multiple of 18.3x and 12

  • FIIs expect mkts to correct another 10% 

    7th June, 2008 10:42

    Manishi Raychaudhuri of UBS Securities expects the mkts to correct another 10%. "The Sensex can go down to 14,000." Robert Parker of Credit Suisse AM sees downside

  • Hold AIA Engineering: PINC Research

    7th June, 2008 10:13

    PINC Research has maintaned hold rating on AIA Engineering. It is well entrenched as a domestic market leader and second largest in the market of cement internals

  • Sony ties up 7 sponsors for 10 ka dum

    7th June, 2008 09:19

    Salman Khan may be used to the uncertainty of a Friday opening in his now nearly two-decade-long film career, but this Friday was different. The actor made his deb

  • Margins on small cars may go down

    7th June, 2008 09:16

    Car makers as well as dealers will increasingly see their margins eroded by nearly half as more small cars are launched in the country including Tata Motors’ Nano.

  • Global telcos eye ‘virtual route’ for Indian mobile foray

    7th June, 2008 09:10

    With acquiring a new telecom licence in the country becoming a daunting task, global telecom majors including BT (formerly British Telecom), Verizon and France Tel

  • US mkts slip after oil hits new high; Dow down 394 pts

    7th June, 2008 08:42

    Soaring crude prices proved to be Wall Street's major undoing. The US mkts tumbled, sparking the Dow Jones industrial average's worst sell-off in 15 months, after

  • Avoid big ticket trades

    7th June, 2008 08:32

    The outlook for the markets today is that of caution as the bulls are lacking large scale buying conviction. Ignore big ticket trades for now. The coming session i

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