Moneycontrol News Archive

NAVs end sharply lower as mkts slip

22nd October, 2009 22:58

Equity diversified NAVs ended sharply lower with advance:decline ratio of 4:250, as the markets witnessed huge selling pressure in the last couple of hours especia

Weak global cues weighing down on mkts: Udayan 

22nd October, 2009 21:24

Globa cues of late have been quite weak and that is weighing down on Indian stock markets, says Udayan Mukherjee

CBI raids DoT office, probes issuing of mobile licences 

22nd October, 2009 21:11

The Central Bureau of Investigation (CBI) on Thursday raided the office of the Department of Telecom (DoT) in connection with a corruption case relating to issue o

Stocks/sectors you should buy post earnings season 

22nd October, 2009 20:12

The stock market continues in its phase of consolidation, a trend that has started in the past few days. How should you position yourself now, given the fact that

Business in H2 seen picking up: Info Edge 

22nd October, 2009 19:30

Sanjeev Bhikchandani, Founder and CEO of Info Edge, said business was now picking up. “At the beginning of the year, we had said the first half would be challengin

Patel Engineering completes QIP issue, raises Rs 3443.23mn

22nd October, 2009 19:20

Patel Engineering Ltd announced that the company has raised Rs 3,443.23 million through the issue of fresh issue of shares to qualified institutional buyers at a p

Wipro, Delhi airport tie up for IT-enabled operations 

22nd October, 2009 19:12

Wipro Infotech has won a large 10-year outsourcing deal from the Delhi International Airport Limited (DIAL). Sources say the deal is valued upwards of USD 100 mill

Rico calls back suspended staff, workers strike easens 

22nd October, 2009 18:26

The situation seems to be much better than it was a couple of days ago. Both the workers union as well as the management seems to have softened that stand.

Info Edge expects H2FY10 to be better

22nd October, 2009 18:15

Info Edge has announced its second quarter results. The company's Q2 net sales were up at Rs 55.2 crore versus Rs 52.9 crore, QoQ.

See substantial opportunities in metro rail: L&T 

22nd October, 2009 17:31

YM Deosthalee, Wholetime Director and CFO of L&T said the company had sold the entire 50% stake that it held in a paper manufacturing company. He said there are su

Gas row: 'Ambani bros' MoU not binding on RIL board' 

22nd October, 2009 17:14

It was day three of the legal case between Mukesh Ambani’s Reliance Industries (RIL) and Anil Ambani’s Reliance Natural Resources (RNRL) in the row over price of g

CSO head says no need for RBI to change key rates as of now

22nd October, 2009 17:01

There is no need for Reserve Bank of India to change key rates as of now, Chief Statistician of India Pronab Sen today said. "The rise in inflation rate is mainly

Instanex FII Index down 1.11%

22nd October, 2009 16:57

At close, the Instanex FII Index was down 1.11% at 352.92 and the Instanex DII 15 portfolio was down 1.26%. Nifty was down 1.48% and Sensex was down 1.29%.

Turmeric has resistance at Rs 9400/quintal 

22nd October, 2009 16:56

The turmeric prices were trading at 4% upper circuit across board for most of those contracts on NCDEX. Turmeric prices gained 27% in this current month. On the hi

Buy Globus Spirits at around Rs 90-92: Tulsian 

22nd October, 2009 16:52

Buy Globus Spirits at around Rs 90-92, says Investment Advisor, SP Tulsian.