Moneycontrol News Archive

NAVs end sharply higher as markets rally

3rd February, 2010 23:53

Equity diversified NAVs ended sharply higher with advance:decline ratio of 254:0, as the benchmark Nifty saw a significant upmove and rallied over 100 points on th

NTPC FPO opens; should you subscribe?

3rd February, 2010 22:14

India's largest thermal power production company, NTPC's FPO (follow on public issue), which has opened for subscription, has been subscribed 0.7 times so far, rep

INOX-Fame deal advanced by 2 days to prevent rival offer

3rd February, 2010 21:39

The INOX-Fame deal has been advanced by two days, CNBC-TV18 reports quoting sources, on fears that a rival party may derail it by introducing a counter offer.

NTPC FPO not fully subscribed on day 1

3rd February, 2010 20:35

A USD 1.8 billion share sale in NTPC, India's leading power producer, was three-quarters subscribed on its first day, with solid institutional interest offset by a

Pace of US private sector job losses slows

3rd February, 2010 19:58

The pace of US job losses in the private sector slowed in January as employers reported the smallest payroll decline in nearly two years while demand for home loan

Novartis ex-CEO Vasella's bonus too high: Study

3rd February, 2010 19:58

Former Novartis chief Daniel Vasella's 2009 bonus will be close to three times the amount he would be due based on relative earnings growth among large cap peers,

Govt stake sales to cushion deficit: Fin Secy

3rd February, 2010 19:58

India's fiscal deficit would be cushioned by better-than-anticipated proceeds from stake sales in state-run firms, Finance Secretary Ashok Chawla said on Wednesday

SEBI disposes of interim order against NSDL

3rd February, 2010 19:46

Market regulator Securities and Exchange Board of India (SEBI) has disposed of the interim ex-parte order cum show-cause notice against National Securities Deposit

MFs net sell Rs 247 cr in equities on Feb 02

3rd February, 2010 19:16

On February 02, 2010, mutual funds (MFs) were net sellers to the tune of Rs 247 crore in equities. They made gross purchase of Rs 417.60 crore and gross sales of R

Satluj Jal Vidyut Nigam IPO unlikely this fiscal 

3rd February, 2010 18:28

Power Minister Sushil Kumar Shinde says that the Satluj Jal Vidyut Nigam disinvestment is unlikely this fiscal, reports CNBC-TV18’s Akanksha Sethi.

Toyota grapples with PR bungles, tarnished brand

3rd February, 2010 18:04

Faced with an unprecedented recall of millions of vehicles and rivals swooping in on its customers, the public relations machine at Toyota Motor Corp — one of the

UK watchdog seeks say in Orange, T-Mobile deal

3rd February, 2010 18:04

Britain's consumer watchdog has asked for a say in the planned merger of the UK arms of France Telecom's Orange and Deutsche Telekom's T-Mobile, raising prospects

Tata Steel can add another 5%: Vora 

3rd February, 2010 17:41

Gautam Vora of ULIK Securities is of the view that Tata Steel can add another 5%, for a target of Rs 621.

RBI withdraws forex funding plan for finance firms

3rd February, 2010 17:26

The Reserve Bank of India (RBI) said on Wednesday it had decided to withdraw a short-term foreign currency funding facility provided to non-banking financial and h

China Internet CEO laments state-controlled media

3rd February, 2010 17:26

China will never have its voice heard on the international stage unless the government loosens its tight grip over the media and film industry, the CEO of the coun