Moneycontrol News Archive

Global credit conditions improved in June: Kamakura

2nd July, 2010 22:34

The number of companies at risk globally of defaulting on their debt fell slightly in June, resuming an improving trend in global credit conditions, risk managemen

Don't see rates going up immediately with this hike: HDFC 

2nd July, 2010 22:22

In an interview with CNBC-TV18, Keki Mistry, VC, HDFC gave his perspective on the RBI's rate hike, on interest rates and its impact.

Chloride agrees to $1.5 bn Emerson takeover

2nd July, 2010 22:02

British power supply systems maker Chloride has recommended a USD 1.5 billion takeover by US conglomerate Emerson Electric, bringing to an end a long-running bid b

India's tea exports rise over 14.5% in May

2nd July, 2010 22:02

India's tea exports rose by more than 14.5% to 11.20 million kgs in May, while production also rose by 1.7% to 72.63 million kgs, data from the Tea Board showed on

Obama says US economy fighting headwinds

2nd July, 2010 22:02

US President Barack Obama said on Friday the US economy was headed in the right direction but continued to fight headwinds from volatile global markets.

US eco growth gauge still indicates slowdown: ECRI

2nd July, 2010 22:00

A measure of future US economic growth fell slightly in the latest week, while its annualized growth rate continued to decline, indicating the economy is about to

CBI indicts Manoj Modi & 5 others in call re-routing case

2nd July, 2010 21:50

The Central Bureau of Investigation (CBI) has filed a chargesheet against Manoj Modi, a top lieutenant of Reliance Industries’ Chairman Mukesh Ambani, and five oth

RBI raises repo, reverse repo: What will happen on July 27? 

2nd July, 2010 19:30

Though the hikes are broadly in line with street expectation, what has come is a surprise is the timing. Market veterans had been expecting the hike in rates in th

Global cues to decide Nifty's course in July: Dipan Mehta 

2nd July, 2010 19:13

The 30-share BSE Sensex closed at 17,460.95, down 48.38 points or 0.28% and the 50-share NSE Nifty fell 14.30 points or 0.27% to settle at 5,237.10. In an intervie

RBI raises key rates by 25 bps

2nd July, 2010 19:08

The Reserve Bank of India (RBI) on Friday raised its key short-term interest rates by 25 basis points each, citing worries over inflation, nearly a month ahead of

Network18 firms boards to meet July 7 on restructuring

2nd July, 2010 19:07

Media firms Television Eighteen India Ltd, IBN18 Broadcast and Network18 Media said on Friday their boards will meet on July 7 to consider a restructuring proposal

Ministers to meet July 22 on mining law

2nd July, 2010 19:07

Government ministers will meet in three weeks to consider revamping a five-decade old mining law that tries to balance the needs of investors with those of locals

Find out: Which sectors will drive mkts in next bull run? 

2nd July, 2010 18:57

In an exclusive interview with CNBC-TV18, Ved Prakash Chaturvedi, Tata Mutual Fund, speaks about the markets and gives his outlook going forward.

RBI to determine foreign ownership, control of banks 

2nd July, 2010 18:52

The Reserve Bank of India (RBI) will determine on the ownership and 'Indian-ness' of banks control, reports CNBC-TV18 quoting sources. It has further said that Pre

ITC June qtr PAT seen up at Rs 1050 cr: Sharekhan

2nd July, 2010 18:36

Sharekhan has come out with its earning estimates on FMCG sector for the quarter ended June 2010. According to the research firm, ITC's June quarter sales are expe