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NAVs end lower; banking funds decline

15th July, 2010 22:57

Equity diversified NAVs ended lower with advance:decline ratio of 41:141. The benchmark Nifty closed the session on a flat note with a positive bias.
Ford India bullish on India expansion plan

15th July, 2010 22:02

The success of the Ford Figo has prompted Ford India to put its future plans in top gear, report CNBC-TV18�s Swati Khandelwal Jain.
Spain, Germany in transfer tussle for oracle octopus

15th July, 2010 21:41

Madrid zoo made a transfer bid for Paul the oracle octopus on Thursday, telling his aquarium in Germany it would outbid all others and give him a warm welcome in g
Mahindra to decide on Ssangyong bid on July 28

15th July, 2010 21:41

Mahindra & Mahindra, India's largest utility vehicles and tractor maker will decide on a bid for troubled South Korean carmaker Ssangyong Motoron July 28, a compan
IBM plans $100m global healthcare initiative

15th July, 2010 21:41

International Business Machines Corp (IBM) said on Thursday it will invest USD 100 million over the next three years in a research initiative with a special focus
Employee first, customer second: Vineet Nayar's mgmt mantra

15th July, 2010 21:39

Employees must feel an integral part of any company's success. That's the cornerstone of Vineet Nayar's management philosophy. In an interview with CNBC-TV18, the
SEBI to introduce call auction in pre-open session

15th July, 2010 21:21

The Securities and Exchange Board of India (SEBI) has decided to introduce the call auction mechanism in the pre-open session. The pre-open session will be introdu
Govt restricts imports of wireless tapping equipment

15th July, 2010 21:02

The Central Government has restricted imports of wireless tapping equipment. The centre has amended policy for off-the-air GSM tap technology.
Banks ask RBI for CDR loans to be charged below base rate

15th July, 2010 19:44

Banks have put in a request with RBI to let them charge rates lower than the base rate for some restructured loans, reports CNBC-TV18�s Gopika Gopakumar.
JSW Energy plans to add over 2000 MW in FY11

15th July, 2010 19:09

JSW Energy holds its first AGM (annual general meeting) after listing. The company says it�s very bullish on the power sector and wants to add over 2,000 MW this f
Prashastha Seth bullish on PSU banking space

15th July, 2010 18:32

Prashastha Seth of IIFL Private Wealth is bullish on the PSU banking space.
Castrol India Q2 net profit up at Rs 150 cr

15th July, 2010 18:19

Castrol India has announced its second quarter results. The company's Q2 net profit was up at Rs 150 crore versus Rs 128 crore.
Accumulate HDFC; tgt Rs 3500: Prabhudas Lilladher

15th July, 2010 18:16

Prabhudas Lilladher has recommended accumulate rating on Housing Development Finance Corporation with a target of Rs 3500 in its july 14, 2010 research report.
Check out: Young turks cashing in on India's pharma biz

15th July, 2010 18:02

The pharmaceutical business in India is pegged at a little over Rs 1 lakh crore and so, in this episode of CNBC-TV18�s special show Young Turks � Ideas without bou
Add HDFC; target of Rs 3172: IIFL

15th July, 2010 17:52

IIFL has retained add rating on Housing Development Finance Corporation with a 12 month target of Rs 3172 in its July 15, 2010 research report.

Penthouse publisher hires adviser for Playboy bid

15th July, 2010 22:10

FriendFinder Networks, the owner of adult magazine Penthouse, has hired a financial adviser as it prepares to counter Hugh Hefner's bid to buy Playboy Enterprises
Chasing 15 large outsourcing deals: TCS CEO

15th July, 2010 22:00

Tata Consultancy Services Ltd is seeing strong demand for outsourcing services and India's top software services exporter is chasing 15 large deals, its chief exec
US jobless claims fall, production steady, PPI falls

15th July, 2010 21:41

New US weekly claims for jobless benefits fell to their lowest level in nearly two years while industrial production eked out a small gain in June, but producer pr
Whisky, property, brands to help save UK pensions

15th July, 2010 21:41

Britain's top companies are likely to use big name brands, patents and other exotic assets to help plug shortfalls in pension schemes and fund longer lifespans in
Monsoon dips 24%, quick revival unlikely

15th July, 2010 21:41

India's monsoon rains, vital for farm output gains after last year's drought, were 24% below normal in the past week and unlikely to rebound in the week ahead, the
Govt, Planning Comm to redesign growth agenda

15th July, 2010 21:32

With the theme of inclusive growth reaping rich electoral dividends for the UPA, the stage is now being set for a new direction and agenda for India's medium term
Power Min's policy for Greenfield projects in the works

15th July, 2010 21:14

The power ministry is working on a gas linkage policy for Greenfield power projects. And this is just ahead of the meeting of the EGoM on gas allocation, reports C
Lalit Modi vs BCCI: Is end game in sight for him?

15th July, 2010 20:26

The Bombay High Court today quashed Lalit Modi's hopes by dismissing the petition filed by him against BCCI's actions, reports CNBC-TV18�s Tanvi Shukla.
Market slips: Is strong earnings likely to push it higher?

15th July, 2010 19:36

It was another consolidation session for the markets. The 30-share BSE Sensex closed at 17,909.46, down 28.70 points and the 50-share Nifty fell 7.40 points to 5,3
Q1 was a quarter of outperformance: TCS

15th July, 2010 18:57

TCS Q1 Indian GAAP consolidated net sales were up 6.21% at Rs 8,217.28 crore, quarter-on-quarter basis; up 14% on YoY. N Chandrasekaran, the company's MD & CEO sai
Prashastha Seth bullish on Hero Honda

15th July, 2010 18:25

Prashastha Seth of IIFL Private Wealth is bullish on Hero Honda.
Accumulate JP Associates: Prabhudas Lilladher

15th July, 2010 18:19

Prabhudas Lilladher has recommended accumulate rating on Jaiprakash Associates with a target of Rs 150 in its July 15, 2010 research report.
Ashok Leyland has target of Rs 74-75: Mohindar

15th July, 2010 18:12

Rahul Mohindar of Viratechindia.com is of the view that Ashok Leyland has target of Rs 74-75.
Buy Bharti Airtel; tgt Rs 332: Prabhudas Lilladher

15th July, 2010 18:00

Prabhudas Lilladher is bullish on Bharti Airtel and has recommended buy rating on the stock with a target of Rs 332 in its July 14, 2010 research report.
Nandan Nilekani recommends portal for filing GST returns

15th July, 2010 17:51

The model of the IT infrastructure which will be key to the implementation of the Goods and Services Tax (GST) is now being finalised by the central government. N

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