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  • Biz consolidation behind RIL-RLP merger: BMR Advisors 

    27th February, 2009 20:50

    Commenting on the RIL-RPL merger talks, Mukesh Butani of BMR Advisors, said it seems purely as a business consolidation move. “It seems to be like any other busine

  • Mkts may hit new low around monsoon, elections: Nilesh Shah 

    27th February, 2009 20:32

    Nilesh Shah, MD and CEO, Envision Capital, said there is a high probability of the market going below October 2008 lows. "The markets can make a new low around mon

  • Hold UltraTech Cement, target of Rs 475: Sharekhan

    27th February, 2009 19:52

    Sharekhan has downgraded its rating on UltraTech Cement to hold with price target of Rs 475.

  • Highlights of RIL-RPL merger

    27th February, 2009 19:38

    The Reliance Industries Limited (RIL) board will meet on March 2 to consider merger with Reliance Petroleum Limited (RPL). The merger is effective retrospectively

  • Buy Jain Irrigation, target of Rs 377: IIFL

    27th February, 2009 19:15

    IIFL has recommended a buy rating on Jain Irrigation with target price of Rs 377. Jain Irrigation has scaled back its capex estimates to Rs 1.5 billion annually fr

  • Instanex FII Index underperforms

    27th February, 2009 18:35

    Foreigners did not seem to be buyers of Indian shares today. While the broad-based Nifty was down 0.79%, the Instanex FII Index was down only 0.34% at 200.73 and t

  • Watch out for global events next week: AIG, MBIA nos 

    27th February, 2009 18:27

    One of the most anticipated results in the global financial markets that is from AIG (American International Group), they will be posting their Q4 results on Monda

  • Buy MCX Copper (March): Anagram

    27th February, 2009 18:19

    Anagram Research has recommended to buy MCX Copper (March) with a stoploss of Rs 171.

  • Tata Steel net sales up 4% at Rs 33,191 cr 

    27th February, 2009 18:10

    Tata Steel has declared its third quarter consolidated results. The company's consolidated net profit was down 38.6% at Rs 813.89 crore versus Rs 1,325.05 crore. I

  • IBG to launch its online brokerage services in India

    27th February, 2009 17:41

    Interactive Brokers Group is about to launch its online brokerage services in India, through Interactive Brokers (India) Pvt., Limited. That is, IBG will provide I

  • Asian Hotels Q3 PAT at Rs 23.07 cr

    27th February, 2009 17:36

    Asian Hotels has come out with its third quarter results. The company's net sales were at Rs 124.20 crore versus Rs 145.25 crore. Its OPM at 37% versus 48%. Its PA

  • JET-KF code-sharing pact still grounded 

    27th February, 2009 17:29

    The much-hyped code-sharing agreement between Jet Airways and Kingfisher Airlines has not taken off. CNBC-TV18’s Neha Pandey reports on how both airlines are going

  • Tata Steel eyes 1.6m tonne sales in Q4 FY09

    27th February, 2009 17:22

    The Tata Steel management in a company Press conference stated that the company is planning to sell 1.6 million tonne in the January-March quarter and added the co

  • Several index stocks hit 52-week lows

    27th February, 2009 17:00

    The stock markets closed lower as realty, oil & gas, cement, IT, auto and capital goods stocks witnessed selling pressure. During today’s trade several index stock

  • Experts see mkts trending downward 

    27th February, 2009 16:44

    Rahul Mohindar of said if the Nifty breaks 2,650, then one is likely to see levels like 2,500 or a retest of previous lows. This view is shared b

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