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Moneycontrol News Archive

  • Feedback Ventures calls for tax sops in Budget 

    24th June, 2009 21:22

    Vinayak Chatterjee, MD, Feedback Ventures, wants the Section 80 I(A), which is the 10-year tax holiday, to be extended for another 10 years beyond the sunset claus

  • Live chat with Senthil Chengalvarayan today at 4 pm

    24th June, 2009 20:45

    Moneycontrol will be conducting a live chat with CNBC-TV18 President and Editorial Director Senthil Chengalvarayan at 4 pm on Thursday, June 25, 2009. He will be c

  • Future Group, Net HR set up Future Education

    24th June, 2009 20:25

    Future Group has entered into a 50:50 joint venture agreement with human resources solutions firm Net HR. The JV company will be called Future Education and would

  • 7% GDP growth feasible: Montek Singh Ahluwalia 

    24th June, 2009 20:00

    Montek Singh Ahluwalia, Deputy Chairman, Planning Commission said, 7% gross domestic product (GDP) growth was getting tougher. He did not believe that anything tha

  • Govt to help ailing Maharaja: An analysis 

    24th June, 2009 19:48

    Civil Aviation Minister Praful Patel, who met the PM to discuss Air India's finances, said that the government would support Air India conditionally, based on how

  • FIIs net sell Rs 658 cr in equities on Jun 23

    24th June, 2009 19:21

    On June 23, 2009, foreign institutional investors (FIIs) were net sellers to the tune of Rs 658.20 crore in equities. They made gross purchase of Rs 2,047.30 crore

  • US markets open higher; Dow up 41 points

    24th June, 2009 19:07

    At 19.02 hrs (IST)- The US markets opened higher. The Dow Jones Industrial Average was up 40.96 points, or 0.49%, to 8,363.87. The Nasdaq was up 15.36 points, or 0

  • India needs constant policy review: Jaswant Singh 

    24th June, 2009 18:51

    Jaswant Singh, Lok Sabha MP, Senior Leader – BJP, Former Finance Minister said, there is a need for a constant policy review and attention because a country like I

  • IMD announces dismal monsoon forecast: An analysis 

    24th June, 2009 18:28

    It's bad news on the monsoon front. CNBC-TV18 reports that in a second official estimate, the India Meteorological Department (IMD) has predicted below normal rain

  • Govt to support Air India conditionally: Praful Patel 

    24th June, 2009 18:13

    Civil Aviation Minister Praful Patel said that the PM assured full support for Air India. “Support to Air India is conditional based on how the company shapes up,”

  • See concerns on supply side in the long-term: ONGC 

    24th June, 2009 18:00

    RS Sharma, Chairman, ONGC said that the present demand destruction is only temporary. "What we know is that demand is again picking up especially in Asia-Pacific a

  • Glenmark to close Melogliptin molecule deal by 2009 end 

    24th June, 2009 17:32

    Glenn Saldanha, MD and CEO, Glenmark, said Phase II data of Melogliptin is better than competitors. He said the company is in discussion with various companies to

  • Sun TV looking to raise Rs 75-100cr 

    24th June, 2009 17:16

    S Natrajhen, CFO, Sun TV Network, sees an equity dilution of around 5% in favour of South Asia Multimedia. He said the company is looking to raise Rs 75-100 crore.

  • Skindia GDR Index up 1.77% to 1921.41

    24th June, 2009 17:10

    The main gainers are Grasim Industries (+18.15%), ITC (+7.69%) and Sterlite Industries (+3.67%) and the main losers are Ranbaxy (-0.90%) and ICICI Bank (-0.67%).

  • SC restrains Shree Ram Urban Infra's warrants issue 

    24th June, 2009 17:00

    The Supreme Court has restricted the warrants issue of Shree Ram Urban Infrastructure. In its order late last evening, the Supreme Court has said that the high cou