Moneycontrol News Archive

NAVs close on weak note as mkts decline

25th June, 2009 22:09

As the benchmark indices ended lower on the settlement day of June series, equity diversified NAVs closed on a weak note with advance:decline ratio of 41:194. The

Tata Steel to sell 20-25% more in FY10 

25th June, 2009 20:23

Tata Steel has declared its FY09 results. The company's net sales were at Rs 1.45 lakh crore versus Rs 1.31 lakh crore. Its net profit was at Rs 4950.9 crore versu

Pyramid Saimira employee fudged quota during IPO: Sebi 

25th June, 2009 19:50

The Securities Exchange Board of India said employee quota during the initial public offer of Pyramid Saimira was fudged, reports CNBC-TV18's Vivek Law. The marke

Air India union threatens to adopt no wage, no work policy 

25th June, 2009 19:22

Air India, CMD Arvind Jadhav met with thirteen sections of the union today. They have asked for their presence in all meetings and have asked to be kept in the loo

US markets open lower; Dow down 15 points

25th June, 2009 19:13

At 19.08 hrs (IST)- The US markets opened lower. The Dow Jones Industrial Average was down 14.89 points, or 0.18%, to 8,284.97. The Nasdaq was down 6.26 points, or

To take charge of national ID proj in July: Nandan Nilekani

25th June, 2009 18:38

In an exclusive interview with CNBC-TV18, Nilakeni said that he would assume the charge of the National UI Authority in July and added that he would excuse himself

Instanex FII Index down just 0.26%

25th June, 2009 18:22

At close, DIIs seem to have sold while FIIs seem to be quiet, the Instanex DII 15 portfolio was down 0.62% (-1.11% at 3 pm) and the Instanex FII Index was down jus

Bharti to begin due diligence for MTN on June 29: Sources 

25th June, 2009 18:14

Bharti Airtel will begin due diligence for MTN on June 29, sources told CNBC-TV18's Shereen Bhan. The structure of the Bharti-MTN deal has almost been finalised. T

Buy KEC International, target of Rs 477: Angel Broking

25th June, 2009 18:11

Angel Broking has recommended a buy rating on KEC International with a price target of Rs 477. KEC derives close to 63% of its revenue from its overseas operations

MFs net buy Rs 389.30 cr in equities on June 24

25th June, 2009 18:04

On June 24, 2009, mutual funds (MFs) were net buyers to the tune of Rs 389.30 crore in equities. They made gross purchase of Rs 886.90 crore and gross sales of Rs

FIIs net sell Rs 601 cr in equities on Jun 24

25th June, 2009 18:00

On June 24, 2009, foreign institutional investors (FIIs) were net sellers to the tune of Rs 601.20 crore in equities. They made gross purchase of Rs 1,602.90 crore

See rise in outlay to education this Budget: Core Projects 

25th June, 2009 17:36

Prakash Gupta, CEO, Core Projects & Technologies, expects the government to continue with its emphasis on education in the forthcoming Budget. "We expect the incre

ABB wins Rs 220 crore power orders in India

25th June, 2009 16:59

ABB, the leading power and automation technology group, has won orders worth Rs 220 crore from Tata Projects Limited to provide power products and solutions for a

Infra, sugar likely to remain in focus: Tulsian 

25th June, 2009 16:55

Investment Advisor SP Tulsian feels that infrastructure, sugar, agriculture, capital goods are the sectors which are going to remain in focus.

High cost deposits pulled interest income down: Central Bk 

25th June, 2009 16:52

Commenting on the bank’s performance in the fourth quarter of the financial year 2009, S Shridhar, Chairman and Managing Director, Central Bank of India, said, he