Moneycontrol News Archive

Micromax hires Citi, others for $150m IPO: Sources

19th August, 2010 22:24

Mobile phone handset maker Micromax Ltd has shortlisted Citigroup, Edelweiss and JM Financial for an initial public offering to raise as much as USD 150 million, t

China tries to soothe fears about local debt

19th August, 2010 22:08

China on Thursday played down the risks in a wave of borrowing by local governments, saying that officials were getting to grips with a debt problem that economist

GVK Group bets big on Bengaluru international airport  

19th August, 2010 21:57

The GVK Group has big plans for Bengaluru international airport. And it all begins with an investment of rs 1,000 crore, reports CNBC-TV18 Vineeta Athrey.

Charge of disparate billing by hospitals incorrect: Fortis 

19th August, 2010 21:40

The dispute between hospitals and insurers over cashless hospitalization is yet to reach a conclusion. In an interview with CNBC-TV18, Vishal Bali, CEO, Fortis Hos

Cashless mediclaim: Large hospitals yet to reach consensus 

19th August, 2010 20:50

The dispute between hospitals and insurers over cashless hospitalization is yet to reach a conclusion. While the number of hospitals that are part of the preferred

ADB chief economist sees robust Asian recovery

19th August, 2010 20:39

Asian economies are likely to show robust growth this year supported by China and India, though growth could slow in the second half, the Asian Development Bank ch

IOC worried about welfare of Gambian Olympic chief

19th August, 2010 20:39

The International Olympic Committee (IOC) said on Thursday they were greatly concerned about the welfare of Gambia's national Olympic chief who was sentenced to de

Gold hits highest since July 1 after US data

19th August, 2010 20:39

Gold prices rose to their highest since July 1 at USD 1,233.35 an ounce on Thursday after data showed new US claims for unemployment benefits unexpectedly hit a ni

Crompton Greaves to continue acquisitions

19th August, 2010 20:39

Crompton Greaves, part of the billionaire Gautam Thapar-led Avantha Group, is looking to bridge gaps in technology and markets through acquisitions, a top official

Sony unit in the race to buy Taiwan TV firm: Official

19th August, 2010 20:39

So-Net, the Internet unit of Japan's Sony Corp, is among the parties interested in buying a Taiwan cable TV firm being sold by private equity firm MBK Partners, an

BHP starts clock on Potash Corp bid; no sign of rivals

19th August, 2010 20:39

BHP Billiton is focusing on getting regulatory approval for its USD 39 billion hostile bid for Potash Corp before trying in earnest to win over the Canadian compan

Deal talk: Consumer finance a tough buy for private funds

19th August, 2010 20:39

Private equity firms and hedge funds are eyeing U.S. consumer finance assets, but despite a recent Fortress Investment Group LLC deal, they are likely to find it h

ICICI Bank can go upto Rs 1200: Gujral

19th August, 2010 19:02

Technical Analyst, Ashwani Gujral is of the view that ICICI Bank can go upto Rs 1200.

Young Turks: Hunt for India's best technological talent 

19th August, 2010 18:45

This is a very special episode because we are coming to you from Bangalore as we are on a hunt to find India’s best technological sparks or entrepreneurial talent.

The Motor & General Finance declares dividend at 20%

19th August, 2010 18:33

The Motor & General Finance at its meeting held on August 19, 2010 has declared dividend at Rs 2 per equity share i.e. 20%.