Moneycontrol News Archive

Why did RBI trim deputy gov KC Chakrabarty's portfolio?

4th August, 2010 23:00

Late Tuesday night the Reserve Bank of India (RBI) trimmed the portfolio of one of its deputy governors. CNBC-TV18’s Latha Venkatesh reports on what may have trigg

K'taka govt reopens bids for Smart City project at Bidadi 

4th August, 2010 22:28

CNBC-TV18 had reported in February last year that DLF was pulling out of the Karnataka government's Rs 60,000 crore Smart City project at Bidadi. It now learns tha

Need further CVC probe into CWG fund diversion: Expert 

4th August, 2010 22:00

The Commonwealth Games has been mired in controversy from day one. A study conducted by the Housing and Land Rights Network reveals all the misdeeds of the Commonw

Late surge helped markets close at fresh 30-month high 

4th August, 2010 21:28

The markets closed at a fresh 30-month high led by technology and capital goods stocks. The Nifty closed 28 points higher, while the Sensex gained 102 points.

Nakoda Limited Q2 PAT up by 39% at Rs 7.76 cr

4th August, 2010 19:46

Nakoda Limited Q2 PAT up by 39%. An increase in revenue by a whopping 23% from Rs. 251 Cr to Rs. 309 Cr during the same period for the last fiscal.

Nifty at 30-mth highs: Is it time to book profits? 

4th August, 2010 19:18

The Nifty closed above 5450 level for the first time since February 5, 2008. It rose 28 points or 0.52% to close at 5,467.85. The Sensex ended at 18,217.44, up 102

Buy Grasim; target of Rs 2216: Angel

4th August, 2010 19:01

Angel Broking is bullish on Grasim Industries and has recommended buy rating on the stock with a target of Rs 2216, in its August 03, 2010 research report.

IDBI Bank raises prime lending rate by 50 bps

4th August, 2010 18:55

State-run IDBI Bank said on Wednesday it has raised its benchmark prime lending rate by 50 basis points, effective August 5.

Ahmadinejad unhurt after blast near motorcade

4th August, 2010 18:12

Iranian President Mahmoud Ahmadinejad was unharmed by an attack with a homemade explosive device on his motorcade during a visit to the western city of Hamadan on

RIM proposes solutions but India wants more

4th August, 2010 18:12

Research In Motion has proposed to share with the Indian government some details of its BlackBerry services, but Indian security agencies want full access, a gover

RBI policy mopping excess liquidity: Mukherjee

4th August, 2010 18:10

The Reserve Bank of India's (RBI) "appropriate monetary policy" is absorbing excess liquidity and helping efforts to tame inflation, the finance minister told parl

Avoid Bajaj Corp IPO: ICICIDirect

4th August, 2010 17:54

The 45 lakh shares initial public offer (IPO) of Bajaj Corp, a part of Bajaj Group, has opened for subscription.

Piramal likely to enter education biz  

4th August, 2010 17:49

After hiving off its two businesses and sitting on a huge cash, Piramal Healthcare is eyeing new pastures. Aiming at a mix of organic and inorganic opportunities,

Above Rs 2950, Infosys can touch Rs 3000: Mohindar 

4th August, 2010 17:43

Rahul Mohindar of Viratechindia feels that above Rs 2950, Infosys Technologies can touch Rs 3000.

Buy Jagran Prakashan, target of Rs 155: Emkay Global

4th August, 2010 17:29

Emkay Global Financial Services is bullish on Jagran Prakashan and has retained buy rating on the stock with a target price of Rs 155, in its report dated August 2