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R-Comm begins due dilligence on MTN: Srcs

28th May, 2008 21:01

Reliance Communications has begun due diligence on MTN, reports CNBC-TV18, qouting sources. However, the company has declined to comment.
Tata Motors gets board nod for 3 rights issues

28th May, 2008 20:14

Tata Motors has started consolidating funds to complete the Jaguar-Land Rover acquisition. The company's board has approved raising Rs 7,200 crore through three se
NCDEX- Trade details for May 28, 2008

28th May, 2008 19:27

NCDEX, 479 members (2,213 users) participated in trading on May 28, 2008 up to 5:00 pm and volumes were Rs 2,427 crore (one-way). There were more than 67,584 tra
Godrej Industries cons PBDIT up 97%; PAT up 185%

28th May, 2008 19:15

Godrej Industries consolidated PBDIT up 97%; PAT up 185%; Revenue up 25%
FinMin denies oil cess

28th May, 2008 18:55

Emerging after a meeting with the Finance Minister, Petroleum Minister Deora on Tuesday, went public about the possibility of an oil cess. Around 24 hours later, t
Mkts giving no clearcut signals: K&A Secs

28th May, 2008 18:47

Sushil Kedia of K&A Securities said the markets do not give any signals to look for short-term trading long positions on Nifty. He added that one has to watch how
Reliance Money forays into China

28th May, 2008 18:30

Reliance Money, the largest broking and distribution house in India and part of the USD 100 billion Reliance Anil Dhirubhai Ambani Group, today announced its debut
Play Games on Zapak.com & win cash upto Rs 1crore

28th May, 2008 18:11

Zapak in association with Reliance Mobile presents a unique Cash League which allows everyone to make money by playing any game on India�s No. 1 Gaming Portal, Za
M&M Automotive to launch Ingenio in H2 CY08

28th May, 2008 17:59

Pawan Goenka, President-Automotive Sector, M&M said FY09 is going to be a difficult year because of challenges from raw material cost increases, interest rates and
Tata Teleservices announces results of Postal ballot

28th May, 2008 17:45

Tata Teleservices (Maharashtra) Limited announced the results of the Postal Ballot conducted pursuant to Section 192A of the Companies Act, 1956. Out of the total
Mundra Port to convert airport to commercial centre

28th May, 2008 17:29

Rajiv Sinha, Whole-time Director, Mundra Port and SEZ said cargo growth is at 45% for FY08 and CAGR is at 54% for the last three years. He added that they are maki
Crude support seen at $124/bbl or just below: T Gnanasekar

28th May, 2008 17:17

T Gnanasekar said that USD 126 per barrel is a good support right now but if it�s not able to hold here it can go back down to USD 124 per barrel levels. So, funda
Mahindra Lifespace now entering residential space

28th May, 2008 17:13

Arun Nanda, President & ED, M&M informed CNBC-TV18 that Mahindra Lifespace is now going into the residential phase. One will see a much higher level of profitabili
Subscribe to Bafna Pharmaceutical IPO: ICICI direct

28th May, 2008 17:02

Bafna Pharmaceutical issue has opened for subscription with its initial public offering (IPO) of 64,00,000 equity shares of face value Rs 10 each. ICICI direct.com
Monsoon, advance tax nos hold key to mkts ahead: Tulsian

28th May, 2008 16:56

SP Tulsian of sptulsian.com said traders would be looking for two triggers or news for this June series. "One would be monsoons and second advance tax figures. Pro

Tax private oil cos: Left

28th May, 2008 20:42

It�s payback time for private oil companies, says the Left. It wants the government to impose a windfall tax on profits of Reliance, Cairn and Essar to tide over t
Tata Motors FY08 cons net sales at Rs 35,651.48 cr

28th May, 2008 19:38

Tata Motors has declared its results for FY08. The company's consolidated net sales were at Rs 35,651.48 crore versus Rs 32,426.41 crore on YoY basis. Its other in
Dr Anji Reddy, Dr Uday Saksena of DRL float Kareus

28th May, 2008 19:17

Scientists always believe in creating newer innovations and that could be the precise reason for Dr K Anji Reddy�s latest move. Dr Anji Reddy, the Founder of Dr Re
Gemstone Sys announce deals with 3 of Top 10 Wall Street Bk

28th May, 2008 19:05

Gemstone Systems announces Enterprise-Wide Deals With 3 Of The Top 10 Wall Street Banks
Metal Bulletin plans to publish new index for iron ore mkt

28th May, 2008 18:55

Metal Bulletin plans to publish a new index for the iron ore market, which offers the potential for derivative contracts to be offered on a widespread basis. The i
NETGEAR introduces 3 advanced smart switches

28th May, 2008 18:39

NETGEAR� Strengthens its Industry-Leading Family of ProSafe Gigabit Smart Switches by introducing three advanced Smart Switches
Nokia launches Nokia 2600 Classic & Nokia 1209

28th May, 2008 18:23

Nokia, the world leader in mobile communications, have announced the launch of two new additions in its entry portfolio � Nokia 2600 classic and Nokia 1209
Bartronics to automate fish prasadam distribution

28th May, 2008 18:01

Bartronics India Limited has been chosen by the Hyderabad District Administration to automate and thereby regulate the distribution of fish prasadam in Hyderabad o
Rev growth to cross $1 bn ahead of schedule: M&M Forgings

28th May, 2008 17:52

Hemant Luthra, President-Systech, M&M Forgings, they are seeing a lot of orders coming in from Eastern Europe, Russia, Kazakhstan and those places where they are b
Rupee, bonds end higher

28th May, 2008 17:35

The spot rupee ended higher at Rs 42.73 per USD as against its previous close of Rs 42.96.
ICICI Pru ties up with American Express Banking

28th May, 2008 17:20

ICICI Prudential Life Insurance announced its tie-up with American Express Banking Corp. in a service initiative that will enable ICICI Prudential Life policyholde
Mundra Port FY08 net profit stood at Rs 213 cr

28th May, 2008 17:16

Mundra Port has declared its FY08 results. The company's FY08 income stood at Rs 846 crore and net profit stood at Rs 213 crore.
CRISIL assigns 3/5 grade to the IPO of RITES

28th May, 2008 17:10

CRISIL has assigned a CRISIL IPO Grade "3/5" (pronounced "three on five") to the proposed initial public offer of RITES Limited. This grade indicates that the fund
IVRCL sees turnover at Rs 4,800-5,200cr ahead

28th May, 2008 16:58

Sudhir Reddy, CMD, IVRCL, said there was a 31% EBITDA growth over the previous quarter. "The company is looking at a 45-50% growth." He expects a turnover of Rs 4,
Juniper Networks tops India's hardware firewall/VPN mkt

28th May, 2008 16:53

Juniper Networks, Inc announced that it took the lead in India�s standalone hardware firewall/VPN device market in Q407, the most recent quarter with published mar

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