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  • Sebi unearths Rs 1000cr scam at Austral Coke 

    1st September, 2009 20:53

    The Securities and Exchange Board of India has unearthed a Rs 1,000 crore scam at Austral Coke, reports CNBC-TV18 Varinder Bansal.

  • Bharat Hotels plans IPO in 2011: Jyotsna Suri 

    1st September, 2009 20:27

    Bharat Hotels is planning an initial public offering in 2011, says Jyotsna Suri, CMD, Bharat Hotels. "This is not the right time to go for an IPO. We see better va

  • SA govt gives in-principle nod to Bharti-MTN deal 

    1st September, 2009 19:54

    South Africas communications department has given an in-principle nod to this proposed tie-up between the two companies, said Chris Bishop, CNBC Africa. He furthe

  • US markets open in red

    1st September, 2009 19:04

    At 19.01 hrs (IST) - The US markets opened lower. The Dow Jones Industrial Average was down 38.39 points, or 0.40%, to 9,457.89. The Nasdaq was down 6.75 points, o

  • MFs net sell Rs 87.40 cr in equities on Aug 31

    1st September, 2009 18:36

    MFs (mutual funds) were net sellers to the tune of Rs 87.40 crore in equities on August 31, 2009. They made gross purchase of Rs 686.80 crore and gross sales of Rs

  • Sebi adds disclosures to anti-money laundering standards

    1st September, 2009 18:18

    Securities and Exchange Board of India (SEBI) adds new disclosures to anti-money laundering standards. Revised common service centres (CSC) category to add clients

  • Rupee ends lower, bonds higher

    1st September, 2009 17:55

    The Indian rupee closed lower as shares ended weak. Importers also bought dollars. But, dollar sales from exporters limited the fall. The spot rupee ended lower at

  • IDFC MF launches FMP - Fifteen Months Series 3

    1st September, 2009 17:20

    IDFC Mutual Fund has launched a closed-ended debt scheme - IDFC Fixed Maturity Plan - Fifteen Months Series 3, that seeks to generate income by investing in a port

  • Gold witness good gains, holds Rs 15000/10 gm 

    1st September, 2009 17:12

    The gold and silver prices saw good gains. There were good cues coming in from the other precious metal prices where platinum and palladium gained quite strongly.

  • Buy Pidilite Industries, target of Rs 195: Bonanza

    1st September, 2009 16:58

    Bonanza has recommended a buy rating on Pidilite Ind, with price tgt of Rs 195. Pidilite Ind is a dominant player in adhesive and sealant mkt in India. Company cle

  • Buy Punj Lloyd at any dip to Rs 240-250: Mohindar 

    1st September, 2009 16:51

    One can buy Punj Lloyd at any dip to Rs 240-250 as on long term front, it still looks pretty robust, says Rahul Mohindar.

  • Gati has resistance at Rs 62-63: Mohindar 

    1st September, 2009 16:41

    Gati has resistance and immediate short term target at Rs 62-63, says Rahul Mohindar of Viratechindia.com.

  • Balrampur Chini has a target of Rs 125-128: Mohindar 

    1st September, 2009 16:32

    Rahul Mohindar of Viratechindia.com is of the view that Balrampur Chini Mills has a target of Rs 125-128.

  • Datawatch: How power stocks fared on NHPC listing day

    1st September, 2009 16:17

    NHPC which was expected to charge up power stocks disappointed investors. The BSE power index declined nearly 2% to close at 2,942.24. Power stocks like Guj Ind Po

  • Skindia GDR Index down 0.60%

    1st September, 2009 16:15

    The Skindia GDR Index is down 0.60% to 2,157.68 at 3:30 pm IST today (compared to last close) while the Nifty is down 0.79%. The main gainers are ITC (+1.27%; weig

  • Mkts slip 2.5% from day's high, end lower 

    1st September, 2009 20:41

    It was a dramatic U-turn on Dalal Street. The frontline indices plunged sharply in late trade, erasing all of mornings gains. The Nifty and Sensex slipped nearly

  • Tata Motors Aug sales up 14% at 49,810 units

    1st September, 2009 20:08

    Tata Motors has announced its August sales numbers. The company's August sales were up 14.24% at 49,810 units versus 43,600 units, YoY.

  • Experts cautious on mkts in near-term; recommend sectors 

    1st September, 2009 19:27

    Experts are cautious on the markets at present. They see the Nifty trading rangebound in the short-term, but are optimistic on the long-term India story. They reco

  • Govt to amend SLP, RNRL cheers move 

    1st September, 2009 19:00

    The latest in the ongoing gas battle, the government has filed an application in the Supreme Court (SC) seeking to amend its special leave petition (SLP) filed in

  • FIIs net sell Rs 86.20 cr in equities on Aug 31

    1st September, 2009 18:27

    Foreign institutional investors (FIIs) were net sellers to the tune of Rs 86.20 crore in equities on August 31, 2009. They made gross purchase of Rs 2,673.90 crore

  • Resistance for rupee at 48.70/48.80: Commtrendz

    1st September, 2009 18:07

    Commtrendz Research has come out with its report on rupee. According to research firm immediate supports for rupee seen at 48.70/48.80 followed by 48.40/48.50. Imm

  • Expect 6.3% growth in FY10: Montek Singh Ahluwalia 

    1st September, 2009 17:35

    Montek Singh Ahluwalia, Deputy Chairman, Planning Commission, says there was a shortfall in growth targets. He says it is reasonable to expect growth of 6.3% for F

  • Instanex FII Index down 1.01%

    1st September, 2009 17:19

    At close, the Instanex FII Index was down 1.01% at 328.63 (-1.16% at 3 pm) and the Instanex DII 15 portfolio was down 0.91% (-0.95% at 3 pm). Nifty was down 0.79%

  • Tatas seek compensation for Singur land from Bengal govt 

    1st September, 2009 17:08

    After being singed in Singur, Ratan Tata, Chairman, Tata Group, says the Tatas will help the West Bengal government set up any project on the Singur land. He expec

  • Buy Hero Honda, target of Rs 1762: Motilal Oswal

    1st September, 2009 16:51

    Motilal Oswal has maintained its buy rating on Hero Honda Motors, with price target of Rs 1762. The research firm maintains FY10 earnings estimates at Rs 100 (56%

  • Report card: UPA's 100 days in power 

    1st September, 2009 16:49

    The united progressive alliance (UPA) government completed 100 days in office this weekend soon after giving a resounding mandate to return to power. The governmen

  • An idea to change lives: Amartya Sens idea of justice 

    1st September, 2009 16:39

    Nobel Laureate and Author Amartya Sen has launched his latest book, 'The Idea of Justice'. The book revolves around the existing theory of justice, which he calls

  • Tata Motors adds 15 lakh shares in OI 

    1st September, 2009 16:28

    There were lot of individual stocks buzzing in the F&O space. Tata Motors was among the top Nifty gainers. It added about 15 lakh shares in open interest (OI). Uni

  • Will take 1 year to restore Maytas' operations: IL&FS 

    1st September, 2009 16:17

    IL&FS head, Ravi Parthasarthy said, the government took decision considering long-term interest of Maytas. We have had many dealings with Maytas in the past and h

  • NHPC slips below issue price; what should investors do now?

    1st September, 2009 16:11

    While analysts blame high valuations for NHPC IPO coming a cropper at the market, lead manager Enam Securities says its time to stop the flipping game and look at

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