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  • NAVs see deep cut on sharp decline in mkts

    17th June, 2009 22:19

    As the benchmark indices saw huge correction on the back of unwinding of positions by traders in the second half of the trade, equity diversified NAVs closed sharp

  • Freight corridor to be operational by 2016: Forbes India 

    17th June, 2009 20:48

    The Dedicated Freight Corridor Project unveiled with much fanfare during the National Democratic Alliance (NDA) regime is on a slow track. Forbes India's Consultin

  • Mkts crack in second-half of trade, close near day's low 

    17th June, 2009 19:17

    After holding up yesterday, the markets dramatically did a full tilt today and completely collapsed under selling pressure in late trade. The Nifty failed to hold

  • US markets open higher; Dow up 19 points

    17th June, 2009 19:09

    At 19.04 hrs (IST)- The US markets opened higher. The Dow Jones Industrial Average was up 19.04 points, or 0.22%, to 8,523.71. The Nasdaq was up 5.83 points, or 0.

  • See boost for insurance industry in Budget '09: EY

    17th June, 2009 18:28

    Till 2001, insurance was purely a nationalised activity; the domain of the Government owned insurance companies. The liberalisation in the industry led to an incre

  • Experts see Nifty hovering in 4400-4600 range 

    17th June, 2009 18:12

    Anu Jain of India Infoline believes that the market would continue to stay in the 4400-4600 range. She doesnt see any reason for the market to step out of that ra

  • Banking sector pre-Budget expectations: EY

    17th June, 2009 18:04

    Banks face huge problems in collating withholding tax certificates and claiming credit for the same in the tax return. Banks in India are regulated by the Reserve

  • Fare hike inevitable if crude continues to boil: Air India 

    17th June, 2009 17:50

    Even before the recent surge in crude oil prices, the Indian aviation sector has been bleeding due to a combination of high costs at airports, lower passenger traf

  • Rupee ends lower, bonds higher

    17th June, 2009 17:40

    The Indian rupee ended near one-month low as banks bought dollars to meet demand from oil companies and FIIs. But, dollar sales from exporters and PSU banks likely

  • RNRL wants to be party to RIL-NTPC case, may approach HC 

    17th June, 2009 17:23

    Fresh from its recent victory in its gas tussle with Reliance Industries, Reliance Natural Resources now wants to intervene in the RIL-NTPC case. RNRL is expected

  • Instanex FII Index down 2.33%

    17th June, 2009 17:12

    FIIs did not seem to be major sellers of Indian shares today. At close, the Instanex FII Index was down 2.33% at 309.10 (-1.49% at 3 pm) while the Instanex DII 15

  • Real Estate sector pre-Budget expectations: EY

    17th June, 2009 17:02

    One of the sectors that have been severely impacted by the global economic downturn has been the Indian real estate sector. In the past 12 to 18 months, the sector

  • Cement advance tax nos mixed; Idea disappoints 

    17th June, 2009 16:50

    The data on day three of Q1 advance tax numbers is not very different from what we saw yesterday. Sources told CNBC-TV18's Ashwin Mohan that these could be the las

  • Skindia GDR Index down 1.50% to 1982.02

    17th June, 2009 16:48

    The Skindia GDR Index is down 1.50% to 1,982.02 at 3:30 pm IST today. The main losers are Reliance (-4.69%), Sterlite Industries (-3.63%) and L & T (-3.16%).

  • Buy Madhucon Projects, target of Rs 246: Angel Broking

    17th June, 2009 16:29

    Angel Broking has recommended a buy rating on Madhucon Projects, with price target of Rs 246. Madhucon Projects stock has outperformed the BSE Sensex significantly

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