Moneycontrol News Archive

MF NAVs end with negative returns

7th May, 2008 23:44

Equity diversified NAVs ended lower with negative advance:decline ratio of 33:174 as the markets closed in red amid volatile trade. The Sensex closed down 33.70 po

Lobby working against national pharma policy: Panel

7th May, 2008 19:44

The Parliamentary Panel said it is concerned about a lobby working against the national pharma policy, reports CNBC-TV18. The Ministry should counter the lobby in

Philips appoints Vivek Sharma as CMO, Indian sub-continent

7th May, 2008 19:18

Royal Philips Electronics, a global leader in Healthcare, Consumer Lifestyle and Lighting, today announced the appointment of Mr. Vivek Sharma as Chief Marketing O

Cognizant's revenue up 40% YoY & 7% sequentially

7th May, 2008 19:00

Cognizant ‘s revenue up 40% Year-over-Year & 7% sequentially. Quarterly revenue increased to $643.1 million, up 40% from the year-ago quarter.

IT sector has some upside: V Kapoor 

7th May, 2008 18:37

Vibhav Kapoor of IL&FS Investmart is of the view that one can see some upside in IT sector in the medium term.

Citibank, Delhi Metro launches Transit Credit Card

7th May, 2008 18:35

Citibank India and the Delhi Metro Rail Corporation announced the launch of India’s first co-branded, ‘2-in-1’ transit credit card, the Delhi Metro Citibank Credit

SKS Microfinance to launch urban microfinance

7th May, 2008 18:18

SKS Microfinance, India’s largest microfinance institution, is planning to launch microfinance in urban colonies of Nagpur and Pune this fiscal. The company has co

HOV Srvcs ranked in Top 15 of IAOPs’ Global Outsourcing 100

7th May, 2008 18:08

HOV Services, Inc., a proven provider of business process and knowledge process outsourcing solutions announced today that they have received a ranking of 15 on th

Rupee, bonds close lower

7th May, 2008 17:55

The spot rupee closed lower at Rs 41.34 per USD as against its previous close of Rs 40.94. The widely traded 8.24%, 2018 paper ended lower at Rs 102.50 as against

Praj's income grows at 20%

7th May, 2008 17:53

Praj FY 2007-08 audited results: 60% growth in PBT over previous fiscsal: Income grows at 20%. The Company has achieved a sterling growth in margins with PBT at Rs

Kotak Mahindra MF launches Kotak Sensex ETF

7th May, 2008 17:45

Kotak Mahindra Asset Management Company announced the launch of an exchange traded fund focusing on investing in the stocks that comprise the BSE SENSEX. The inves

Samsung launches ‘KHULJA SLIM- SLIM’ offer on Flat Color TV

7th May, 2008 17:30

Samsung India today announced the launch of its ‘ KHULJA SLIM-SLIM’ consumer offer on its Flat color televisions.

Cognizant Tech Q1 up 7.2% to USD 643.1 mn

7th May, 2008 17:23

Cognizant Technology Solutions has announced its first quarter results. The company's revenue for the first quarter was up 7.2% to USD 643.1 million.

Commodity Warrants Aus sees crude touching at $135/bbl soon 

7th May, 2008 17:18

Peter McGuire, Managing Director, Commodity Warrants Aus, said crude could trade at USD 125-135 per barrel in the not too distant future.

RBI announces rate of interest on FRB 2016

7th May, 2008 17:00

RBI announces rate of interest on FRB 2016. The rate of interest on the Floating Rate Bonds, 2016 (FRB, 2016) applicable for the year (May 7, 2008 to May 6, 2009)