Moneycontrol News Archive

Oil falls below $73 after US jobs data

4th June, 2010 23:19

Oil slid below USD 73 a barrel on Friday after US. employment data fell short of expectations, tempering optimism over the strength of economic recovery in the wor

NAVs close strong as markets gain

4th June, 2010 22:59

Equity diversified NAVs closed strong with advance:decline ratio of 218:28, as the benchmark Nifty surged for third consecutive day on positive European cues.

Serena and Venus take fourth consecutive grand slam

4th June, 2010 22:54

Sisters Serena and Venus completed a 'Williams slam' of four consecutive grand slam doubles titles when they beat Kveta Peschke and Katarina Srebotnik 6-2 6-3 on F

BWA auction may conclude next week: Sources

4th June, 2010 22:52

The all-India bid price at the close of day 10 of the broadband wireless auction (BWA) stands at Rs 9,522 crore, up 6% from yesterday's close. The government's rev

Bill Gates Sr says wealth is 'not having to worry'

4th June, 2010 22:50

As the father of Microsoft Corp's co-founder, Bill Gates Sr. helps fund worthy causes and travels worldwide but says the best part of having access to such wealth

US private hiring weak; payrolls rise on Census

4th June, 2010 22:48

US private employers hired fewer workers than expected in May, a setback for the labor market recovery, even as temporary census hiring pushed overall payrolls gro

BP aims to stop 90% of oil spill flow with cap

4th June, 2010 22:35

BP Plc aims for the containment cap placed over the gushing well pipe in the Gulf of Mexico to stop at least 90% of the flow of oil spilling into the ocean, a seni

Global stocks, euro tumble on banks, debt fears

4th June, 2010 22:11

Fresh fears over European banks and talk of a "Greek-style" debt crisis in Hungary pushed stock markets into the red on Friday while the euro hit a new four-year l

I-T Dept writes to Vodafone, pins it on tax liability 

4th June, 2010 22:01

There seems to be no end to Vodafone’s tax woes. CNBC-TV18’s Ashwin Mohan learns quoting sources that the Income Tax Department has shot a letter today to the worl

Ashwani Gujral advises caution, says book profits  

4th June, 2010 19:35

It was a stable session of trade today with the Nifty ending above the 5,100 mark. The markets ended the week with gains of around 1.5% each.

Hungary at some risk of Greek-style crisis: PM spokesperson

4th June, 2010 19:29

A Hungarian official was not exaggerating when he said on Thursday that the country had a slim chance of avoiding a Greek-style debt crisis, the prime minister's s

Cisco CEO says to remain for another 3-5 years

4th June, 2010 19:21

Cisco Systems Inc's Chief Executive John Chambers said on Friday he recently committed to another three to five years in his role.

G20 policymakers go public with fears for economy

4th June, 2010 19:17

Leading policymakers were unusually candid on Friday in voicing fears that the euro zone's financial and banking woes could derail the global economic recovery.

Possible outcomes for fuel price reforms

4th June, 2010 19:09

The government will on Monday grapple with the political hot potato of deregulating fuel prices, seeking a way to improve its financial health as it tries to shie

Govt must tax sugar, rice exports: Adviser

4th June, 2010 19:09

The government needs to discourage exports of water guzzlers like sugar and rice through an "environmental tax," to conserve the scarce natural resources for other