Moneycontrol News Archive

Bank of Baroda Q4 net profit seen up 56.28% to Rs 432.04 cr

25th April, 2009 18:30

Bank of Baroda is to announce its Q4FY09 numbers. According to CNBC-TV18 estimates, its net profit is expected to go up by 56.28% to Rs 432.04 crore from Rs 276.44

43 cos involved in Kotecha scam registered as diamond firms 

25th April, 2009 17:49

Of the 230 entities banned by the Securities and Exchange Board of India for their role in the Nirmal Kotecha scam, 43 are actually companies registered as gems an

The BIG Divide – Economists Vs Money Managers

25th April, 2009 15:17

Being the biggest pull back rally, the money managers were quick to bounce on the opportunity. Over the previous few weeks, almost all money managers have called t

Pantaloon Retail Q3 net profit up at Rs 34.4 cr

25th April, 2009 14:45

Pantaloon Retail has come out with its third quarter numbers of FY09. Its net profit went up at Rs 34.4 crore from Rs 32.1 crore, YoY.

United Phos FY09 PAT up 80% at Rs 465.13 cr

25th April, 2009 14:43

United Phosphorous has declared its FY09 numbers. Its profit after tax, PAT was up by 80% to Rs 465.13 crore versus Rs 258.89 crore and adjusted PAT went up by 73%

Accumulate RIL, target of Rs 1,833: Angel Broking

25th April, 2009 14:31

Angel Broking has maintained its accumulate rating on Reliance Industries with a target price of Rs 1833. RIL’s top-line fell by 23.9% yoy to Rs 28,362 crore (Rs 3

Reduce Idea Cellular, target of Rs 53: Angel Broking

25th April, 2009 14:18

Angel Broking has maintained its reduce rating on Idea Cellular with a target price of Rs 53. Idea Cellular recorded a 48.2% yoy and 7.1% qoq growth in consolidate

Expect rupee to test 50.60/$: Commtrendz

25th April, 2009 13:59

According to Commtrendz Research's report on Indian Rupee, for the week, favored view is expect Rupee to consolidate in a range of 49.30 and 50.60. As long as supp

Accumulate Reliance, target of Rs 1,801: P Lilladher

25th April, 2009 13:41

Prabhudas Lilladher has maintained its accumulate rating on Reliance Industries with a target price of Rs 1,801. Revenues declined sharply by 23.9% YoY to Rs 283.6

Tamil Nadu sees refugee influx as LTTE conflict nears end 

25th April, 2009 13:17

As the Sri Lankan army carries out its final assault to flush out LTTE rebels, neighbouring Tamil Nadu sees a refugee crisis in the making. CNBC-TV18 Meenakshi Mah

Accumulate Yes Bank, target of Rs 97: ULJK Securities

25th April, 2009 13:08

ULJK Securities has maintained its accumulate rating on Yes Bank with a target price of Rs 97. Yes Bank has reported a profit of Rs 801 million for Q4FY09, a YoY g

Neyveli Lignite Corporation an underperformer: Karvy

25th April, 2009 12:39

Karvy Stock Broking has rated Neyveli Lignite Corporation as an underperformer with a price target of Rs 75. Despite 16% sales CAGR, net profit is estimated to gro

Equities, commodities, bonds outlook for next week 

25th April, 2009 11:54

The trend had been re-enforced by the end of the week and that’s the key thing. The market is at a key turning point and next weeks trade would be very important.

Karnataka govt to cut down on power transmission losses 

25th April, 2009 11:44

Karnataka is desperate to cut down on power transmission losses and is now betting on automation to solve its problems. An IT project worth Rs 450 crore will be up

India INC & the Competition Commission: Status Check! 

25th April, 2009 11:35

While Coca-Cola is struggling to decide for the Chinese anti-monopoly law, Corporate India is gearing up for a long battle against its very own Competition Commiss