Moneycontrol News Archive

NAVs advance sharply as mkts close higher

22nd September, 2009 23:36

Equity diversified NAVs advanced sharply with advance:decline ratio of 225:14, as the markets ended strong. The Nifty maintained its uptrend for the fifth consecut

Takeover Code amendment plugs loopholes in norms: Expert 

22nd September, 2009 21:22

There was a loophole in the system that has been plugged, said Hitesh Jain, Partner, ALMT Legal. According to him, one should view the deal and the regulations ind

Bharti-MTN deal may have to be reworked 

22nd September, 2009 20:36

From SEBI's decision on the Takeover Code it is clear that the Bharti-MTN deal will have to be relooked at from the very basic structure.

Cipla QIP book opens today, plans to raise $110-175m 

22nd September, 2009 20:07

Cipla QIP book has opened today. The company is looking to raise between USD 110-175 million. CNBC-TV18’s Nimesh Shah reports.

New Sebi norms to cause serious impact to Bhart-MTN deal 

22nd September, 2009 19:45

Sebi’s changes would not render the Bharti-MTN deal dead but Bharti and MTN would have to revisit their deal structure, said Akil Hirani, Managing Partner, Majmuda

US markets open higher; Dow up 35 points

22nd September, 2009 19:10

At 19.04 hrs (IST) - The US markets opened higher. The Dow Jones Industrial Average was up 34.76 points, or 0.36%, to 9,813.62. The Nasdaq was up 8.85 points, or

FIIs net buy Rs 1,869.80 cr in equities on Sept 18

22nd September, 2009 18:31

Foreign institutional investors (FIIs) were net buyers to the tune of Rs 1,869.80 crore in equities on September 18, 2009. They made gross purchase of Rs 4,504.50

Rupee ends higher, bonds lower

22nd September, 2009 18:04

Indian rupee came off lows to end 0.35% higher against the dollar today, led by inflows from foreign funds and dollar's fall against major currencies. The spot rup

SEBI revises takeover norms; ADRs, GDRs on par with shares 

22nd September, 2009 17:47

The Securities Exchange Board of India (SEBI) has revised its takeover norms provisions. In a press conference, Sebi, Chairman, CB Bhave said the board has approve

Globus Spirits to list on Sept 23

22nd September, 2009 17:29

Globus Spirits will list its equity shares on the bourses on September 23, 2009. It has fixed the price of its IPO (initial public offering) at Rs 100 per equity s

Nickel may face resistance at Rs 855 per kg 

22nd September, 2009 17:23

The commodities were shining today due to weak dollar. Commodities Editor of CNBC-TV18, Manisha Gupta said Nickel showed a lot of resilience. One could buy MCX Sep

Firstsource adds 1.2 cr shares in OI 

22nd September, 2009 17:00

Firstsource was up about 4%, it added about 1.2 crore shares in open interest and saw a decent amount of rollover close to 40%.

Tendulkar@20 

22nd September, 2009 16:56

It was the winter of 1989; a 16-year old was making his international debut for India against their fiercest rivals. Twenty years later, Sachin Ramesh Tendulkar is

Above Rs 560, TCS can head up to Rs 650: Gujral 

22nd September, 2009 16:46

Above Rs 560, Tata Consultancy Services, TCS could get up to Rs 650, says Technical Analyst, Ashwani Gujral.

Enterprise Inc on corporate governance 

22nd September, 2009 16:40

On CNBC-TV18's speical show Enterprise Inc this week we have - Why corporate governance is a big deal even for small companies? How a Shramik Sanitation Systems is