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  • Debt restructuring saves on-the-brink Maytas Infra 

    5th May, 2009 20:44

    Maytas Infra, which is currently run by a government-appointed four-member board, seems to have been pulled back from the brink.

  • See major global cos opposing Obama's call: NASSCOM 

    5th May, 2009 20:32

    US President Barack Obama wants to plug the tax benefit for American companies that do not create jobs for Americans. Pramod Bhasin, Chairman of NASSCOM, said Obam

  • Retailers rejoice over Rs 8000cr service tax relief 

    5th May, 2009 20:11

    It's an Rs 8,000-crore bonanza, and its timing is spot on. With service tax on rented immovable property being set aside, the retail sector may be up for a much-ne

  • US mkts trade flat; Nasdaq down 11.6 pts

    5th May, 2009 19:30

    At 19:29 hours IST - the US markets were trading flat. The Dow Jones Industrial Average was trading at 8,434.15, up 7.41 points or 0.09%. However, the Nasdaq Compo

  • Markets end flat: Nirmal Bang

    5th May, 2009 19:27

    According to Nirmal Bang's report, the markets ended flat after a volatile session. Even though the benchmark indices ended flat the undertone of the market remain

  • Satyam allots shares to Venturbay

    5th May, 2009 19:09

    Satyam Computer Services Ltd announced today that Venturbay Consultants Private Limited, a subsidiary controlled by Tech Mahindra Limited had been allotted 30,27,6

  • Launched new product 3G video chat in Q4: Tanla Solutions

    5th May, 2009 18:48

    Tanla Solutions added 5 new customers in TV space in India mainly from Andhra Pradesh regional channels. It launched new product called 3G video chat comprising vo

  • Rupee, bonds end higher

    5th May, 2009 17:40

    The spot rupee closed higher at Rs 49.28 per USD as against its previous close of Rs 49.90.

  • Skindia GDR Index up 6.9% to 1632.65

    5th May, 2009 17:32

    The Skindia GDR Index was up 6.9% to 1632.65 at 3:30 pm IST over the previous days 3:30 pm IST Index. The Top GDR gainers were: ICICI Bank (14.16%), L&T (12.22%)

  • Accumulate Transformers and Rectifiers: India Capital Mkts

    5th May, 2009 17:21

    India Capital Markets has recommended an accumulate rating on Transformers and Rectifiers India. The company registered a growth of 22.7% in revenues during Q4FY09

  • Suzlon adds 69 lakh shares in open interest 

    5th May, 2009 17:13

    Suzlon added 69 lakh shares in open interest and the stock surged more than 10% in the spot market. Tata Steel added about 18 lakh shares in open interest. ICICI B

  • Reduce DLF, target of Rs 200: Emkay

    5th May, 2009 16:58

    Emkay Global Financial Services has maintained its reduce rating on DLF with a price target of Rs 200. DLF's net profit for the quarter declined by 92% to Rs 1.6 b

  • Sugar prices may touch Rs 25/kg: MF Global Commodities 

    5th May, 2009 16:32

    Rajini Panicker, Head of Commodities, MF Global Commodities says," We are expecting sugar to touch Rs 24.50 per kg or closer to Rs 25 per kg. The reason for this h

  • Buy Corporation Bank, target of Rs 288: Sharekhan

    5th May, 2009 16:30

    Sharekhan has maintained its buy rating on Corporation Bank with a price target of Rs 288. For Q4FY2009, Corporation Bank logged a net profit of Rs 260.5 crore, up

  • Enter in HDFC on 5-10% dip: Mohindar 

    5th May, 2009 16:22

    Rahul Mohindar of Viratechindia is of the view that one can enter in HDFC on 5-10% declines.

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