Moneycontrol News Archive
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Sharp sell off in MF NAVs as mkts slaughtered
5th September, 2008 22:56
It was a sharp cut in equity diversified NAVs, which ended with weak advance:decline ratio of 1:215 as Indian equities were smashed out completely in today’s trade
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Mkts to trend downward, stay away: Experts 
5th September, 2008 21:57
Girish Nadkarni, Avendus Advisors feels the trend for the markets is on the downside. "The Sensex will trade rangebound between 13,000 and 15,500." Tom Hougaard, C
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No consensus yet at NSG meet
5th September, 2008 21:05
Switzerland indicates that it may back the waiver for India. However, Ireland and Austria are standing firm against the waiver. Meanwhile, the Indian officials hav
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No end in sight for sound investment advice
5th September, 2008 20:33
A crucial move to bring all investment advisors under one unified regulatory certification mechanism appears to have hit hard rock. One year after the four regulat
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Sanjeev Nanda gets 5-yr rap in BMW case
5th September, 2008 20:00
The BMW case, which has been doing the rounds of the court for the past nine years, has come to an end with Sanjeev Nanda being sentenced for five years.
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Hotels battle rising costs through innovation
5th September, 2008 19:19
Hoteliers are now feeling the heat of rising costs with falling room rates and occupancy levels, the industry is looking at innovative ways to rein in operating co
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Germany honours Arun Bharat Ram, Chairman, SRF
5th September, 2008 18:50
Mr. Arun Bharat Ram, Chairman, SRF Limited has been honoured with the prestigious Officer's Cross of the Order of Merit, presented by the Federal Government of Ger
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See 9% GDP growth in 11th Five Year Plan: PM
5th September, 2008 18:00
The Prime Minister believes that the inflation control should not hurt growth and that production across sectors must be stepped up to curb inflation. He added tha
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Rupee, bonds end lower
5th September, 2008 17:46
The spot rupee ended lower at Rs 44.65 per USD as against its previous close of Rs 44.37. The widely traded 8.24%, 2018 paper closed lower at Rs 98.38 as against i
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LIC Premium payment facility through TBS
5th September, 2008 17:24
As part of customer friendly initiatives LIC is introducing one more channel viz. TICK BUSINESS SOLUTIONS PVT.LTD (TBS) for payment of life insurance premium
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Mkts catch global chill; NSG outcome key
5th September, 2008 22:17
The week did not end on a good note at all. There were lots of pressures after the big 500-point rally in the early part of the week. Going into the truncated sess
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Will mobile banking replace plastic cash?
5th September, 2008 20:28
As bankers await the final guidelines on mobile banking, they are gearing up to replace cash and even debit cards with mobile phones. Plastic has replaced cash and
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SpiceJet to cut fares if crude falls to $95/bbl
5th September, 2008 19:42
Ajay Singh, Director, SpiceJet said that a 16% of reduction in costs essentially means an 8% or 9% reduction in the overall cost. However, he feels that aviation f
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Experian appoints Data Strategy Director
5th September, 2008 19:09
Experian®, the global information services company, has appointed Bernie Grady to the position of Data Strategy Director within its Business Information division.
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NCDEX- Trade details for September 05, 2008
5th September, 2008 18:44
At NCDEX, member 466 (1,634 users) participated in trading on September 05, 2008 up to 5:00 pm and volumes were Rs 1,700 crore (one-way). There were more than 51
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Experts see mkts trading volatile in short-term
5th September, 2008 18:22
JP Sinha of Mangal Keshav expects the weakness to continue in the short-term. Neeraj Deewan, Director, Quantum Securities, feels short-term volatility can happen b
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Eye infra, pvt equity, realty space: Mercer
5th September, 2008 17:24
Rashmi Hansi Mehrotra, Mercer does not have any particular concerns about the situation in India. “It comes down to valuation being a key factor and then whether t
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