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  • Reforms, good governance key issues for Govt: Kamal Nath 

    22nd May, 2009 21:24

    Former Commerce Minister Kamal Nath has said that the people of the country expect not only a government, they expect good governance. "Reforms and governance are

  • Look out for hidden charges in New Pension Scheme

    22nd May, 2009 20:37

    One should take a closer look at the New Pension Scheme before thinking of investing in it. There could be hidden charges that may make it a costly affair. CNBC-TV

  • HDIL Q4 PAT seen down 72% to Rs 51.56 cr

    22nd May, 2009 19:13

    HDIL is to announce its announce its fourth quarter FY09 results. According to CNBC-TV18 estiamtes, its Q4 net profit is seen down 72.11% from Rs 184.88 crore to R

  • MFs net buy Rs 97 cr in equities on May 21

    22nd May, 2009 18:28

    On May 21, 2009, Mutual Funds (MFs) were net buyers to the tune of Rs 97.40 crore in equities. They made gross purchase of Rs 1263.40 crore and gross sales of Rs 1

  • Scrambled subscriber reporting

    22nd May, 2009 18:11

    India’s telecom subscriber base may have crossed 400 million, but the industry is yet to formulate a uniform subscriber reporting standard. Kenan Machado delves in

  • US dollar falls 3.5% this week 

    22nd May, 2009 17:41

    Base metals saw a sell off in the markets yesterday due to weak data. US dollar, a fall of nearly 3.5% this week, saw a low against six major currencies, led to a

  • Crude may test $68/bbl: Shamik Bhose 

    22nd May, 2009 17:28

    Shamik Bhose, Independent Commodities Advisor won’t be surprised if the Crude touches USD 68 per barrel or thereabouts.

  • Fortis Health can head upto Rs 128-130: E Mathew 

    22nd May, 2009 17:13

    Technical Analyst, E Mathew is of the view that Fortis Healthcare can head upto Rs 128-130.

  • Reduce Ashok Leyland, target of Rs 24: KRChoksey

    22nd May, 2009 17:00

    KRChoksey has recommended a sell rating on Ashok Leyland with a price target of Rs 24. The company can see some recovery in volumes by second half of FY10 dependin

  • Buy Man Industries, target of Rs 66: Sharekhan

    22nd May, 2009 17:00

    Sharekhan has recommended a buy rating on Man Industries, with price target of Rs 66. Assuming a substantial discount to the average multiple, the research firm ha

  • NIIT can go upto Rs 64: E Mathew 

    22nd May, 2009 16:56

    Technical Analyst, E Mathew is of the view that NIIT can go upto Rs 64.

  • Is it the end of brand Satyam?

    22nd May, 2009 16:46

    A Satyam board meeting is underway in Delhi. Vineet Nayyar, VC, MD and CEO of Tech Mahindra confirmed, “Satyam re-branding strategy could include change of name an

  • Era Infra bags Rs 117.84 cr contract

    22nd May, 2009 16:39

    Era Infra Engineering Ltd., through its construction and contracts division, announced that it has secured another contract worth Rs 117.84 cr from Aravali Power C

  • See economic turnaround later this year: Subbarao 

    22nd May, 2009 16:34

    RBI Governor, D Subbarao said that one could expect an economic turnaround later this year. The RBI says it will use a combination of monetary and debt measures to

  • Loganadan overweight on banking space 

    22nd May, 2009 16:31

    Ajay Loganadan, Head-Investment Advisory Group Private Banking of HSBC Private Banking is overweight on banking space.

  • Will Golden Monday continue? 

    22nd May, 2009 21:02

    Throughout this week, volumes have been far above average. Now investors are using every small decline in the market to deploy some cash and are buying into good q

  • Sun Pharma Q4 cons net profit seen down 52% at Rs 347 cr

    22nd May, 2009 19:34

    Sun Pharma is set to announce its Q4FY09 numbers. According to CNBC-TV18 estimates, its consolidated net profit is expected to go down 52% at Rs 347 crore as again

  • US markets open flat

    22nd May, 2009 19:08

    At 19.05 hrs (IST)- The US markets opened flat. The Dow Jones Industrial Average was up 32.90points, or 0.40%, to 8,325.03. The Nasdaq was up 8.84 points, or 0.52%

  • FIIs net buy Rs 146 in equities in May 21

    22nd May, 2009 18:17

    On May 21, 2009, foreign institutional investors (FIIs) were net buyers to the tune of Rs 146.90 crore in equities. They made gross purchase of Rs 2896.40 crore an

  • Instanex FII Index up 2.13%

    22nd May, 2009 18:04

    At close, the Instanex FII Index was up 2.13% (unchanged since last 30 minutes of trade) at 300.69 indicating FIIs have bought aggressively while the Instanex DII

  • Expert tips: How to trade next week? 

    22nd May, 2009 17:34

    Post Golden Monday, valuations have caught up with historical averages, says Ajay Loganadan of HSBC Pvt Banking. “Given this run-up, this morning we downgraded Ind

  • Rupee ends higher, bonds lower 

    22nd May, 2009 17:25

    The Indian rupee ended higher as banks sold dollars noting its fall globally. Exporter dollar sales and FII inflows also aided. But, PSU banks' dollar demand for R

  • Sell ICICI Bank, target of Rs 558: Maximus Securities

    22nd May, 2009 17:02

    Maximus Securities has recommended a sell rating on ICICI Bank with a price target of Rs 558. A sustained slowdown in economic activity will impact the banking and

  • Buy Dr Reddys Laboratories, target of Rs 765: Angel Broking

    22nd May, 2009 17:00

    Angel Broking has recommended a buy rating on Dr Reddys Laboratories with a target price of Rs 765. For 4QFY2009, under Indian GAAP, Dr Reddy’s Laboratories report

  • Buy MphasiS, target Rs 406: Parag Parikh

    22nd May, 2009 16:58

    Parag Parikh Financial Advisory Services has recommended a buy rating on MphasiS, with price target of Rs 406. With EPS at Rs 10.69, the company seems to be on its

  • Buy Torrent Power, target Rs 186: Hem Securities

    22nd May, 2009 16:56

    Hem Securities has recommended a buy rating on Torrent Power, with price target of Rs 186. The stock at the current market price of Rs 140.10 will trade 16.23 time

  • Nagarjuna Fertilizers adds 40Lk shares in OI 

    22nd May, 2009 16:44

    The turnover was close to Rs 69,000 crore, in the last couple of days the turnover has fallen slightly from the day before. Nagarjuna Fertilizers added nearly 40 l

  • Loganadan underweight on metal space 

    22nd May, 2009 16:38

    Ajay Loganadan, Head-Investment Advisory Group Private Banking of HSBC Private Banking is underweight on metal space. The global picture hasn’t changed with regard

  • Buy Bajaj Auto, target of Rs 1031: Motilal Oswal

    22nd May, 2009 16:33

    Motilal Oswal has maintained its buy rating on Bajaj Auto with a target price of Rs 1031. Bajaj Auto 4QFY09 results are above estimates, but for forex loss of Rs 2

  • Tata Metaliks, Riddhi Siddhi good buys: Patherya  

    22nd May, 2009 16:17

    Mudar Patherya, Investment Analyst of Kolkata OB is quite bullish on Tata Metaliks and Riddhi Siddhi Gluco Biols. He shares his views on why to add these stocks to

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