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Rakesh Mohan quits as RBI Deputy Guv, to join Stanford Univ

4th May, 2009 21:37

The Deputy Governor of the Reserve Bank of India Rakesh Mohan today put in his papers almost eight months before his term was to end. Mohan leaves the RBI on June
Don't see case for Nimesh Kampani's custody: Counsel

4th May, 2009 20:17

Nimesh Kampani, an indpendent director of Nagarjuna Finance, quit his post in April 1999. In December 1999, the company was to pay back public deposits of about Rs
MFs net buy Rs 20.6 cr in equities on Apr 29

4th May, 2009 19:22

On April 29, Mutual Funds (MFs) were net buyers to the tune of Rs 20.6 crore in equities.
FIIs net buy Rs 344.6 cr in equities on April 29

4th May, 2009 19:07

On April 29, foreign institutional investors (FIIs) were net buyers to the tune of Rs 344.6 crore. They made gross purchase of Rs 2,869.30 crore and gross sales of
US mkts trade higher; Dow Jones up 90 pts

4th May, 2009 19:00

At 19:23 hours IST- the US markets were trading higher. The Dow Jones Industrial Average was up 90.40 points or 1.10%, to 8,302.81 and the Nasdaq went up 12.71 poi
Buy Shree Cements, target of Rs 850: Sharekhan

4th May, 2009 18:21

Sharekhan has recommended a buy rating on the Shree Cements with a price target of Rs 850. The reported net profit of the company soared by 473.7% year on year (yo
Skindia GDR Index down 0.48% to 1527.30

4th May, 2009 18:00

The Skindia GDR Index was down marginally 0.48% to 1527.30 at 3:30 pm IST over the previous day�s 3:30 pm IST Index. The Top DR losers were: Ranbaxy (-11.11%), Mah
Hold Bharti Airtel, target to Rs 850: KRChoksey

4th May, 2009 17:46

KRChoksey has recommended a hold rating on Bharti Airtel with a price target of Rs 850. In the current environment which is growing increasingly competitive, Bhart
Rupee has support at 49.5-49.30/$:Commtrendz

4th May, 2009 17:38

According to Commtrendz Research's report on Indian Rupee, immediate supports are at 49.5-49.30 followed by 48.8-48.90. Immediate resistance falls around 50.20-50.
Buy 3i Infotech, target of Rs 59: Sharekhan

4th May, 2009 17:32

Sharekhan has maintained its buy rating on 3i Infotech with a price target of Rs 59. 3i Infotech�s revenues declined by 0.3% sequentially to Rs 606.8 crore in Q4FY
SC denies anticipatory bail to Nimesh Kampani

4th May, 2009 17:08

The Supreme Court today, dismissed the anticipatory bail plea of former independent director Nimesh Kampani. Kampani and other executives of in the Nagarjuna Finan
NIIT has support at Rs 25: Gujral

4th May, 2009 17:01

Technical Analyst, Ashwani Gujral is of the view that NIIT has support at Rs 25.
Buy Mazda, target of Rs 60: Sunidhi Securities & Finance

4th May, 2009 16:54

Sunidhi Securities & Finance has recommended a buy rating on Mazda with a target price of Rs 60. During Q4FY09, sales surged by 43.7 per cent to Rs 24 crore and ne
Political economies of Gujarat & WB: Experts analyse

4th May, 2009 16:48

Last Week, we compared the similars - Andhra Pradesh and Karnataka. his week we take a look at the dissimilars i.e. Gujarat which is ruled by a right wing party an
Capex plan for FY10 at Rs 200-225 cr: Dabur India

4th May, 2009 16:41

Dabur India has announced its fourth quarter numbers. Its consolidated net profit went up 30.96% at Rs 104.3 crore from Rs 79.64 crore, YoY.

12-13X PEs show bottoming out has happened: Tata MF

4th May, 2009 20:19

Ved Prakash Chaturvedi, Managing Director of Tata MF, said there are emerging signs that the market may turn around in a year. �Foreign flows are encouraging, and
SEBI issues showcause notice to RPL: Sources

4th May, 2009 19:52

Market sources have reported that SEBI, following the completion of its investigation, has issued a showcause notice to Reliance Petroleum for alleged insider trad
Crude has resistance at $ 48/bbl on downside: Sharekhan

4th May, 2009 19:17

According to Sharekhan's report, crude oil has finally breached the long consolidation pattern on good volume. The likely target of this current up-move is initial
Left-out feeling leads to panic buying

4th May, 2009 19:00

this is buying panic. We have been saying continuously for the last one or two months that a lot of people are still sitting on the sidelines, there is still a lot
Politics has no interval; is an endless show: Chiranjeevi

4th May, 2009 18:41

Telugu film megastar Chiranjeevi�s entry into electoral politics has galvanised not just the state of Andhra Pradesh but the entire nation. We find out how the pas
Markets end on strong note: Nirmal Bang

4th May, 2009 18:08

According to Nirmal Bang's report, the benchmark indices ended on a very strong note on the first day of the May series on the back of positive Asian cues and huge
Buy Cadila Healthcare, target of Rs 383: Sharekhan

4th May, 2009 17:55

Sharekhan has maintained a buy rating on Cadila Healthcare with a price target of Rs 383. The total operating income of the company grew by 28.8% to Rs 723.4 crore
Buy Larsen, says R Jain

4th May, 2009 17:45

Rajesh Jain of Pranav Securities is of the view that one can buy Larsen and Toubro. Ahead of the election outcome and the formation of the government, the two spac
Rupee ends higher; bonds lower

4th May, 2009 17:35

The spot rupee closed higher at Rs 49.90 per USD as against its previous close of Rs 50.08.
Hold Bank of India, target of Rs 281: Sharekhan

4th May, 2009 17:21

Sharekhan has maintained its hold rating on bank of India with a price target of Rs 281. BoI reported a net profit of Rs 810.4 crore for Q4FY2009, indicating a gro
See crude in $55-70/bbl range in Q3: G Chandrashekhar

4th May, 2009 17:05

G Chandrashekhar, Commodities Editor, Business Line expects crude prices to range between USD 55 per barrel and USD 70 per barrel in Q3 (July-August-September).
Customers entry decreases by 11% in FY09: Shoppers' Stop

4th May, 2009 16:55

The total square feet area covered is 18, 29,000. The customer entry for Shoppers' Stop decreased by 11% for FY09. The transaction size has increased by 9% for the
Instanex FII Index up 6.36%

4th May, 2009 16:52

At close, the Instanex FII Index was up 6.36% at 269.47 (+6.18% at 3 pm) and the Instanex DII 15 portfolio was up 6.18% (+6.07% at 3 pm). Sensex was up 6.41% (+6.7
Pink slips made pain free: HR experts offer some options

4th May, 2009 16:42

Giving the Pink Slip is tough; getting the Pink Slip is even tougher. Learn about laying off with compassion.
Experts continue to remain bullish after magnificent Monday

4th May, 2009 16:40

�The Nifty has today achieved the target of 3,650 and the next one could be 3,820,� Technical Analyst Ashwani Gujral said. �Rather than characterizing it as a bear

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