Moneycontrol News Archive

Global mkt momentum crucial for Nifty to cross 5,200 

2nd December, 2009 22:14

The Nifty faltered in its attempt to cross its intermediate high, stopped short and ended flat at 5,120. It was a quiet session for largecaps, Tata Motors, DLF and

Kirloskar brothers restructure group, dilute cross-holdings

2nd December, 2009 21:17

The three Kirloskar brothers--Sanjay, Atul, Rahul--and their cousin Vikram are restructuring their ownership of the companies they independently manage in the USD

ISB placements kick off, see high initial interest

2nd December, 2009 20:43

After a disappointing placement season last year, placements at Indian School of Business have begun in full steam with about 13% of the batch already placed.

World Bank warms up to India: Loans pledged, support sought

2nd December, 2009 20:39

World Bank President Robert Zoellick walked the corridors of Indian power today. The World Bank chief is in India to garner financial support to widen the capital

Nifty to trade in 4800-5200 band in Dec: Analysts 

2nd December, 2009 19:46

For December, the market may continue in the 4800-5200 range it has been holding for a while, believe experts.

Nokia sees 2010 cellphone market up 10% YoY

2nd December, 2009 18:56

The world's largest cellphone maker Nokia said on Wednesday it expects handset market volumes to grow around 10% next year, more than analysts expect. Nokia foreca

RBI unlikely to lift rates soon despite strong growth: Poll

2nd December, 2009 18:56

The Reserve Bank of India will not raise interest rates by the end of 2009, according to a new Reuters poll, and only one-third of economists surveyed predict a ra

Shinsei to sell India AMC biz: Sources 

2nd December, 2009 18:55

Shinsei AMC that had launched its funds in July this year may see one of its stake holders exiting. Sources tell CNBC TV18 that Shinsei Bank which holds 70% of the

F&O Check: Great Offshore down 6%, futures OI up 12% 

2nd December, 2009 18:13

The markets did not make any new highs but we held 5,100-mark throughout the day. We are continuously seeing Put writing happening in at 5,000-5,100 reports CNBC-T

RBI includes technical write-offs in provision cover 

2nd December, 2009 17:59

The Reserve Bank today instructed the commercial banks to increase their provisioning against bad assets to at least 70% by September 2010, a move seen as a step t

Tata Elxsi VFX arm opens studio in Los Angeles 

2nd December, 2009 17:44

S Nagarajan, Visual Computing Labs says the new studio would help the company to expand global arena.

Tata Motors has resistance at Rs 760: Vora 

2nd December, 2009 17:40

Tata Motors has resistance at Rs 760, says Gautam Vora, Director of ULJK Securities.

Mphasis can see further 10-15% upside: Vora 

2nd December, 2009 17:34

Gautam Vora, Director of ULJK Securities is of the view that Mphasis can see about 10-15% upside from current level.

Bharati Shipyard stake in Great Offshore increases to 31.4% 

2nd December, 2009 17:27

The Great Offshore-ABG Shipyard-Bharati Shipyard acquisition saga has finally ended with ABG Shipyard exiting the race. It has sold its entire 8.27% stake in Great

As 2010 approaches, welcome the 'one-ders'

2nd December, 2009 16:45

If you've ever wondered what the next decade should be called as this one draws to a close, someone has come up with a prize-winning answer: the one-ders.