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  • Market taking breather, monsoon key ahead: Experts 

    6th August, 2009 21:43

    R Venkatraman, Executive Director, India Infoline, said the market was taking a breather. “Let us see how the events pan out especially how the monsoon rules out i

  • Suzlon Energy adds 33 lakh shares in OI 

    6th August, 2009 20:44

    Suzlon Energy added about 33 lakh shares in open interest. Indiabulls Real Estate traded about nearly 8% in the spot market with a build up of 18 lakh shares.

  • Nifty fall looks like bout of profit-taking 

    6th August, 2009 20:27

    It was a late sell off for the market today, which led to the Nifty plunging 100 points to close below 4,600. Autos led the fall as stocks like Tata Motors, Maruti

  • L&T's stake sale in Mah Satyam legally untenable: Sources 

    6th August, 2009 19:59

    In a latest development, Ministry of Corporate Affairs (MCA) sources have informed CNBC-TV18 that the company would need CLB’s nod for the stake sale in Mahindra S

  • Govt may rework gas allocation, power plans top priority 

    6th August, 2009 19:43

    The government may consider revising their priority for gas allocation from the D6 blocks so that power plants are on the top of the list, reports CNBC-TV18’s Sidd

  • US markets open in green

    6th August, 2009 19:13

    At 19.11 hrs (IST) - The US markets opened in green. The Dow Jones Industrial Average was up 31.89 points, or 0.34%, to 9312.86. The Nasdaq was up 6.25 points, or

  • Dangerous to remain in cash currently: CLSA 

    6th August, 2009 19:00

    Russell Napier, Strategist, CLSA, said the Chinese markets may deteriorate some more in the short-term. However, he was quick to add that will be offset by positiv

  • Rajat Bose's picks for Aug 7: Balrampur Chini, DCB 

    6th August, 2009 18:48

    Technical Analyst, Rajat K Bose is bullish on Balrampur Chini Mill and McLeod Russel.

  • Remain cautions on FMCG, two-wheelers: Amarnath 

    6th August, 2009 18:19

    R Amarnath, HD- Corporate Financial Centrum Capital is of the view that one should remain cautions on FMCG, two-wheelers.

  • Instanex FII Index down 1.85%

    6th August, 2009 18:15

    At close, the Instanex FII Index was down 1.85% at 327.92 (-2.25% at 3 pm) and the Instanex DII 15 portfolio was down 2.23% (-2.59% at 3 pm).

  • No plans of superseding Maytas Infra board: Govt 

    6th August, 2009 17:30

    After removing four of its nominees from the board of Mahindra Satyam, the MCA now seems to be moving towards removing its representatives from the board of Maytas

  • IBM bags $400m Datacom Solutions deal: Sources 

    6th August, 2009 16:32

    IBM seems to have done it again. Sources tell CNBC-TV18 Kenan Machado that IBM may have won a USD 400 million outsourcing contract from Datacom Solutions, the tele

  • Buy Balrampur Chini: Bose 

    6th August, 2009 16:26

    Technical Analyst, Rajat K Bose is of the view that one can purchase Balrampur Chini Mills."If at all there is a bounce back then maybe this stock is going to do w

  • Looking to divest up to 49% in tower arm: TTML 

    6th August, 2009 16:25

    Mukund Rajan, MD, TTML, said the company is looking to divest up to 49% stake in its tower arm after receiving shareholder approval. "The tower business owns 2,000

  • Indiabulls Real Estate has support at Rs 210-215: Bose 

    6th August, 2009 16:18

    Technical Analyst, Rajat K Bose is of the view that Indiabulls Real Estate has support at Rs 210-215. Short-term upswing in the stock is likely to continue, he add

  • Open to diluting stake in Godrej Consumer: Adi Godrej 

    6th August, 2009 21:13

    Adi Godrej, Chairman, Godrej Industries, said he was open to diluting stake in Godrej Consumer, if a suitable acquisition is identified. "We want to have acquisiti

  • FinMin keen on early 3G auction 

    6th August, 2009 20:36

    CNBC-TV18 learns from sources that the finance minister is keen on an early decision on 3G auction, which has been delayed many times over. CNBC TV18’s Siddharth Z

  • Gas row: ADAG says pricing formula engineered by RIL 

    6th August, 2009 20:09

    Upping the tempo against Reliance Industries and the Oil Ministry in the bitter RIL-RNRL gas tussle, the ADAG group’s JP Chalasani, CEO of Reliance Power, today ad

  • Exclusive details: Air India's bailout appeal to govt 

    6th August, 2009 19:51

    CNBC-TV18 has detailed access to a note presented by National Aviation Company of India Ltd. (NACIL) to a committee of secretaries on the policy help that the aili

  • MET provides gloomy rain picture; agro commodities gain 

    6th August, 2009 19:43

    The monsoon has been a concern for the markets. The MET today said the monsoon in the last week was 66% below normal while it was 25% below normal from June 1 to A

  • TTML launches GSM service Tata DoCoMo 

    6th August, 2009 19:08

    Tata Teleservices (Maharashtra) has launched its GSM service today in Mumbai and Maharashtra in an extremely competetive market. They have launched it under the br

  • Air India calls for insurance policy re-bid, costs mount 

    6th August, 2009 18:55

    It's a move that may burden the ailing maharaja even more. The cash-strapped Air India has called for a re-tender for its insurance policy renewal. This move may s

  • See uptick in lending, credit offtake: Bankers 

    6th August, 2009 18:24

    AC Mahajan, CMD, Canara Bank, said the bank saw a pick in credit offtake since July. He, however, was confident the bank’s NIMs would be close to 2.7%. He expects

  • Panacea working to develop swine flu H1N1 vaccine 

    6th August, 2009 18:19

    Panacea Biotech has started working to develop a H1N1 swine flu vaccine with support from WHO as well as government of India, Joint MD Rajesh Jain said. "The devel

  • Rupee ends lower, bonds higher

    6th August, 2009 18:15

    The Indian rupee ended lower noting that shares ended weak and fall in major units versus dollar. Mild dollar demand from importers also weighed. Volumes were thin

  • DCB has target of Rs 41: Bose 

    6th August, 2009 16:35

    Technical Analyst, Rajat K Bose is of the view that Development Credit Bank, DCB looks pretty good and has target of Rs 41 and then 45-47.

  • Buy Mcleod Russel: Bose 

    6th August, 2009 16:28

    Technical Analyst, Rajat K Bose is of the view that one can buy Mcleod Russel for the medium term.

  • Capex for current year around Rs 75cr: Unity Infra

    6th August, 2009 16:26

    Unity Infraprojects has announced its first quarter results. Its net sales were at Rs 279.9 crore versus Rs 223.6 crore. The company's capex for current year is at

  • India’s Skindia GDR Index down 0.55%

    6th August, 2009 16:25

    The main gainers are GAIL (+2.01%; weight 1.49%) and Grasim Industries (+0.25%; weight 3.86%) and the main losers were Ranbaxy (-3.39%; weight 0.38%), State Bank o

  • Expect RBI to hike rates from mid-2010 onward: RBS 

    6th August, 2009 16:09

    Sanjay Mathur, Head of Research and Strategy, non-Japan Asia, RBS, said the RBI may start to tighten its policy sometime in the middle of next year. The central ba