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  • Govt imposes 5% import duty on iron, steel products 

    18th November, 2008 20:49

    After a series of meetings between Finance Minister P Chidambaram and Prime Minister Manmohan Singh in the capital, the government has imposed a 5% import duty on

  • Star-Jupiter's Asianet stake won't affect Sun much 

    18th November, 2008 20:00

    The Star Group has aligned with Jupiter Entertainment to form a joint venture. The JV has acquired a majority stake in Asianet. How will this affect Sun TV’s fortu

  • Buy NCDEX Pepper (Dec) above Rs 12200: Anagram

    18th November, 2008 19:32

    Anagram Research has recommended to buy NCDEX Pepper (Dec) above Rs 12200 with a stoploss of Rs 11800 and targets of Rs 12600 and Rs 12620 in its November 18, 2008

  • Don't rush, wait till May '09 before buying: DSP BlackRock 

    18th November, 2008 19:00

    Anup Maheshwari, DSP BlackRock said investors should watch earnings growth closely before buying. "Markets are pricing in an economic slowdown. They are in a value

  • Buy Thermax at declines: Asit C. Mehta

    18th November, 2008 18:46

    Asit C. Mehta has recommended to buy Thermax at declines with a target of Rs 280. Looking forward the research firm expects the revenues to register a CAGR of 19%

  • See 7K for Sensex; 2.5K for Nifty ahead: MIG Investments 

    18th November, 2008 17:43

    Richard Morrish, Head - Research at MIG Investments, feels equity markets around the globe have more pain to take. “[For] the Sensex we’ve got to be looking down a

  • Support for Gold seen at USD 725: Anagram

    18th November, 2008 17:27

    According to Anagram Research Commodity report, Key support for Gold seen around USD 725 and key resistance seen around USD 750 in its November 18, 2008 research r

  • Crude may slip to USD 45/bbl 

    18th November, 2008 17:23

    Crude prices are trading near their two-year lows. We have seen USD 55/bbl break and USD 54.15/bbl is the kind of low that the markets have just touched recently.

  • Buy JMC Project, target of Rs 97: KRChoksey

    18th November, 2008 16:57

    KRChoksey Research has maintained its buy rating on JMC Projects (India) with a target of Rs 97. Company’s sales increased by 76.4% y-o-y to Rs 325.5 crore. The PA

  • Oracle India launches Remarketer Program

    18th November, 2008 16:47

    Oracle India launches Remarketer Program for new resellers through its value added distributors. The Oracle VAD Remarketer Program enables Tech Pacific to resell O

  • IBM launches 'Smart Business'

    18th November, 2008 16:32

    IBM launches 'Smart Business'. IBM today announced the availability of “IBM Smart Business,” a breakthrough way for small and medium businesses to acquire, use and

  • OI PCR slips below one; F&O turnover stands @ Rs 43K cr 

    18th November, 2008 16:29

    The total turnover was at Rs 55,000 crore with the F&O space contributing about Rs 43,000 crore. RComm added 5 lakh shares and its other telecom counterparts saw s

  • Axis strengthens its mkt leading position: IMS Research

    18th November, 2008 16:16

    Axis strengthens its market leading position according to new report from IMS. Axis is positioned as number six in the world in the category - vendors providing su

  • Satyam BPO among top 4 in 2008 Global Six Sigma

    18th November, 2008 16:11

    Satyam BPO among top 4 in 2008 Global Six Sigma and Business Improvement Awards. Satyam Computer Services Ltd, a leading global consulting and information technolo

  • Thinkers for new Challenges

    18th November, 2008 16:04

    As an unprecedented global financial crisis blows away established beliefs about capitalism and free markets, the world starts looking out for new ideas. The best

  • Meltdown fire singes hotels; occupancies, rates down 

    18th November, 2008 20:26

    The slowdown in the economy is beginning to pinch the hospitality sector. Some hotels in Mumbai have seen a 15% drop in occupancy and a 10% dip in room rates. Neha

  • Cos must balance traditional products and ULIPs: IRDA 

    18th November, 2008 20:00

    Insurance regulator, the Insurance Regulatory and Development Authority (IRDA), said a balance between traditional products and ULIPs, or unit-linked insurance pla

  • 2,700 Nifty, 9,000 Sensex breached decisively  

    18th November, 2008 19:13

    After a gap down start, the markets made repeated attempts at a recovery, but with selling pressure playing spoilsport, every rebound was cut short. Many large sec

  • FIIs net sell of USD 156.7 mn on Nov 17

    18th November, 2008 18:52

    FIIs were net sellers to the tune of USD 156.7 million in equity on November 17, 2008.

  • Jobs won't be affected if economy grows at 7%: Montek Singh

    18th November, 2008 18:17

    Montek Singh Ahluwalia, Deputy Chairman of the Planning Commission, said if the economy, including agriculture, grows at 7%, the total number of jobs will not get

  • See crude downside around $52-49.9/bbl: Ram Pitre 

    18th November, 2008 17:33

    Commoditiy expert Ram Pitre sees downside for crude around USD 52-49.9 per barrel. "On the upside, around USD 55-58 per barrel level is where one can go short with

  • Lokesh Chandra awarded with Dayawati Modi Award

    18th November, 2008 17:27

    Prof Lokesh Chandra conferred this year’s Dayawati Modi Award for art, culture and education. The award comprising a cash prize of Rs. 2.51 lakh, a silver shield a

  • Rupee ends lower, bonds higher

    18th November, 2008 17:07

    The spot rupee ended lower at Rs 49.65 per USD as against its previous close of Rs 49.37. The widely traded 8.24%, 2018 paper closed higher at Rs 105.22 as against

  • Economic slowdown, high oil prices hit captive power units 

    18th November, 2008 16:48

    The ongoing cash-crunch is not only hurting companies that produce power, it's also taking the zing out of captive power generators. Many captive power units have

  • Investors can buy around 8500 levels: Dipan Mehta 

    18th November, 2008 16:34

    Dipan Mehta, Member, BSE and NSE, said 8,000-8,500 have been good levels in the past because of aggressive buying coming in from domestic insurance companies. “Bas

  • Shemaroo licenses Studio Canal classics

    18th November, 2008 16:31

    Shemaroo licenses Studio Canal classics for Indian sub-continent. Some of the major titles Shemaroo has licensed are ‘Rambo Triology’, ‘Basic Instinct’, ‘Terminato

  • Experts see 808 an important level for S&P 500 

    18th November, 2008 16:25

    It will be technically important day in US markets beacause everyone is watching out S&P 500 index' October 27 low. If US indices breaks thoses lows then they may

  • SBI a relative outperformer: Bhambwani 

    18th November, 2008 16:16

    Technical Analyst, Vijay Bhambwani is of the view that SBI is a relative outperformer in banking space and it is showing a higher degree of relative strength.

  • Morgan Stanley appoints Naresh Naik as Executive Director

    18th November, 2008 16:07

    India Head of Asset Management named for Morgan Stanley Real Estate. Morgan Stanley (NYSE: MS) today announced the appointment of Naresh Naik as an Executive Direc

  • Avoid TTML: R Jain 

    18th November, 2008 16:02

    Rajesh Jain of Pranav Securities is of the view that one should ignore TTML at current level.

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