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  • Disappointing session for MF NAVs as mkts plunge

    22nd May, 2008 23:39

    It was completely disappointing session for the equity diversified NAVs, which ended lower with negative advance:decline ratio of 211 as markets ended sharply lowe

  • 4.5L SIPs added to MF kitty this year 

    22nd May, 2008 20:43

    The markets might have been in a state of turmoil for the last few months, but it seems that nothing unnerves mutual fund investors. Nearly four and a half lakh sy

  • Gbl software ind loses $48 bn to piracy in '07 

    22nd May, 2008 20:26

    A ten point reduction in piracy levels in India over the next 4 years would generate an additional $3.1 billion to India's GDP, as well as create 44,000 new jo

  • OMCs seek ways to reduce losses 

    22nd May, 2008 20:11

    Oil marketing firms are trying out different ways to reduce their losses. At the current price of crude, they are likely to take a hit of Rs 1,90,000 crore in 2008

  • ABN AMRO partners with PayMate to pay via mobile

    22nd May, 2008 19:20

    ABN AMRO India partners with PayMate to enable 4.6 lakh customers to pay via mobile

  • HTC unveils the ‘Touch Diamond’ in India

    22nd May, 2008 19:10

    HTC Corp., a global leader in mobile phone innovation and design, today unveiled its new flagship phone, the HTC Touch Diamond™.

  • Crude@135/bbl: Fly further, pay more? 

    22nd May, 2008 19:00

    With crude prices continuing to skyrocket, airlines are planning to introduce a new slab for fuel surcharge on tickets to factor in the rising costs. Long haul fli

  • Mkts to stay rangebound: PN Vijay 

    22nd May, 2008 18:54

    PN Vijay, Portfolio Manger said that India is feeling the full impact of high crude prices and it does not even have a rupee to cushion that effect. He said that t

  • Lilavati Hospital, Mumbai wins 'The Trusted Brand' award

    22nd May, 2008 18:45

    The 300 bed Lilavati Hospital Mumbai recently won 'The Trusted Brand' award by Reader's Digest and India Today. It is the only hospital to be recognized thus in th

  • Upfront margins for institutional invt in abeyance: Sebi 

    22nd May, 2008 18:39

    Market regulator, Sebi has kept in abeyance upfront margins for institutional investors. Institutional trades in the cash market would continue on a T+1 margin bas

  • Which are the stocks to watch out for? 

    22nd May, 2008 18:24

    The markets were down and out right from the word go. Weak global cues coupled with skyrocketing crude prices dented investor sentiment. Nifty closed at 5,025 down

  • ABG Shipyard delivers vessel to Deep Sea Supply, ASA Norway

    22nd May, 2008 18:21

    ABG Shipyard Ltd, the country's largest shipyard has delivered a highly impressive new Anchor Handling Tug Supply Vessel "SEA WOLVERINE" to Deep Sea Supply ASA, No

  • 9X reveals Mahabharata logo

    22nd May, 2008 18:11

    INX Media’s flagship channel, mega Hindi GEC 9X, today unveiled a unique, powerful logo for its forthcoming epic drama Mahabharata. Created by INX Media’s in-house

  • Bangalore Airport opening may be delayed  

    22nd May, 2008 18:00

    The case is still going on. This is a marathon case that has been going on for the last four and a half hours. Both sides are arguing vehemently for their side. Th

  • Niraj Cement IPO opens May 26,price band at Rs 175-190

    22nd May, 2008 17:50

    Niraj Cement Structurals Limited, an engineering and construction company focusing on road construction development, proposes to enter the capital markets on 26th

  • Trinamool Congress may stall work at Singur plant

    22nd May, 2008 20:49

    The Trinamool Congress says it would stall work at Tata Motors' Singur plant from Sunday, reports CNBC-TV. The party won majority in Singur Panchayat polls on Wedn

  • Inflation to moderate in 8-10 weeks: PM

    22nd May, 2008 20:41

    Prime Minister Manmohan Singh said the country is likely to return to moderate inflation in 8-10 weeks, reports CNBC-TV18. "The global economic slowdown is posing

  • BPCL introduces quota system for fuel dealers: Srcs 

    22nd May, 2008 20:19

    Network18 has learnt that BPCL has introduced a quota system for fuel dealers. BPCL’s demand management system will work like this: smaller pumps, that sell less t

  • Bajaj to leverage further on XCD platform  

    22nd May, 2008 19:21

    According to Rajiv Bajaj, Bajaj Auto will leverage further on XCD platform & focus on 125 cc segment. “We intent on being true to our strategy to stay in 125 and a

  • HP won't be required to make offer for MphasiS: EDS

    22nd May, 2008 19:14

    EDS says HP will not be required to make a tender offer for MphasiS under Sebi (Substantial Acquisition of Shares & Takeovers) regulations, 1997.

  • NCDEX-Trade details for May 22, 2008

    22nd May, 2008 19:02

    NCDEX, 481 members (2,241 users) participated in trading on May 22, 2008 up to 5:00 pm and volumes were Rs 2,217 crore (one-way). There were more than 62,737 tra

  • Core Projects & Technologies PAT jump 153%

    22nd May, 2008 18:54

    Core Projects & Technologies Limited reports YOY consolidated PAT jumped 153% for FY2008 at Rs 84.48 crores from Rs 33.37 crores for the previous year and total in

  • Sensex to trade in 15k-17k range: Brics Securities 

    22nd May, 2008 18:46

    Nirav Sheth of Brics Securities expects the Sensex to trade rangebound between 15,000 and 17,000. " We believe the Sensex could evolve between 15,000 to about 17,0

  • Margins to be maintained despite rising input cost: Thermax 

    22nd May, 2008 18:40

    MS Unnikrishnan, MD, Thermax, said if orders in the market are going to be shrinking, then there will also be pressures on margins. "But we should be able to maint

  • GNFC reports PBT of Rs 576.21cr

    22nd May, 2008 18:30

    GNFC reports PBT of Rs 576.21 crores (Rs. 489.39 crores for 2006-07) (growth of 18% as compared to (-) 1% on consolidated basis last year).

  • UPA celebrates four-year rule 

    22nd May, 2008 18:24

    The UPA government turns four today and celebrations are already on. This years UPA dinner is politically very important because it comes under a threshold of gene

  • Rupee, bonds close lower

    22nd May, 2008 18:11

    The spot rupee ended lower at Rs 42.96 per USD as against its previous close of Rs 42.82.

  • Dr Reddy’s launches 'Omez Insta'

    22nd May, 2008 18:01

    Dr. Reddy’s Laboratories Ltd has launched Omez Insta (Omeprazole 20mg + Sodium bicarbonate 1680mg buffer) in India. It is an innovative powder formulation that off

  • KLG Systel bags orders worth Rs 50cr 

    22nd May, 2008 17:52

    KLG Systel has won a big order. Kumud Goel, Managing Director, KLG Systel said that the company have won orders from Haryana and Rajasthan state governments, total

  • Mkt environment looking difficult near-term: Credit Suisse

    22nd May, 2008 17:27

    Mihir Doshi, Country Head of Credit Suisse India, said the macroeconomic situation did pose some concerns right now. He added that high oil prices and high inflati

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