Moneycontrol News Archive

NAVs advance sharply as markets surge

13th December, 2010 23:52

Equity diversified NAVs ended strong with advance:decline ratio of 255:0 as the Nifty closed the day on a strong note. The pullback rally, which started on Friday,

Today's rally should soothe frayed nerves of investors  

13th December, 2010 22:00

CNBC-TV18's Udayan Mukherjee believes two good days on the trot for markets should soothe frayed nerves of investors. "We just need to see a bit more follow up. Th

GSK buys protein-drinks firm Maxinutrition

13th December, 2010 20:48

GlaxoSmithKline said on Monday it had agreed to buy protein drinks firm Maxinutrition for 162 million pounds (USD 256 million) from its private-equity owners to co

Rio Tinto in talks to develop iron ore in India

13th December, 2010 20:48

Rio Tinto India is in talks with an Indian company to develop iron ore mines, a senior company official said on Monday.

US Senate nears key vote on Obama tax package

13th December, 2010 20:43

The Democratic-led US Congress moved on Monday toward grudging approval of President Barack Obama's deal with Republicans to extend expiring tax cuts, even for the

Dell to buy Compellent for $960 million

13th December, 2010 20:43

Dell Inc agreed to buy data storage company Compellent Technologies Inc for about USD 960 million in cash as it seeks to expand beyond PCs and catch up with rivals

No talks on euro zone rescue fund buying debt: Sources

13th December, 2010 20:43

The euro zone is not discussing making changes to the European Financial Stability Facility (EFSF) or the scope of its operations, including purchases of bonds, eu

Parliament session ends, political deadlock to stay

13th December, 2010 20:43

The opposition plans to step up its anti-graft campaign that paralysed the parliament session that ended Monday, spelling trouble for the ruling coalition's abilit

India telco licence investigator to identify 2G lapses

13th December, 2010 20:43

An investigation into the sale of telecom licences at low prices will look into "shortcomings and lapses" in the 2G licensing process, the telecoms ministry said i

Niira Radia exposé: Is it an image crisis for India Inc?  

13th December, 2010 20:15

Gurucharan Das, former chief of P&G India believes things should not be exaggerated. "We expect that regulators should not add to the uncertainty and that’s what’s

Environ Min may give interim order on Lavasa tomorrow

13th December, 2010 20:07

Lavasa's fate could be decided within the next 24 hours. The environment ministry is likely to take a call on Tuesday on whether or not to allow construction of th

DGCA, min unhappy with airfares on websites: Praful Patel 

13th December, 2010 19:29

The air fare tussle continues. Civil Aviation Minister Praful Patel met airline executives on airfares on Monday to discuss the issue. Later, while addressing a pr

Buy Balkrishna Industries; target of Rs 1039: LKP Shares

13th December, 2010 19:22

LKP Shares is bullish on Balkrishna Industries and has recommended buy rating on the stock with a target of Rs 1039 in its December 13, 2010 research report.

Balrampur Chini, Bajaj Hindusthan look attractive: Thacker 

13th December, 2010 19:12

Balrampur Chini and Bajaj Hindusthan look attractive, says Mitesh Thacker, Technical Analyst, miteshthacker.com.

Buy Mphasis; target of Rs 740: Justtrade.in

13th December, 2010 19:02

Justtrade.in is bullish on Mphasis and has recommended buy rating on the stock with a target of Rs 740 in its December 11, 2010 research report.