Moneycontrol News Archive

8 PSU issues likely to hit mkts in FY11 

4th May, 2010 23:18

Siddharth Pradhan, Joint Secretary, Department of Divestment says the Satluj Jal listing price has been fixed at Rs 26 which is the upper end of the price band. He

Trent's bookstore chain Landmark opens discount store 

4th May, 2010 22:50

Trent Retail's book store chain landmark is experimenting. It has opened a store that follows a discount format and offers more than just your favourite books, rep

Can Greece cut its deficit by 11 percentage points by 2014?

4th May, 2010 22:42

Greece has signed up to a package of austerity measures designed to cut its deficit by 11 percentage points between 2009 and 2014, an aim that will deepen the rece

Asian economies leave crisis behind, risk persists

4th May, 2010 22:42

Asia's major economies, already through the worst of the financial crisis, are well equipped to lead a global recovery if they can guard against the spillover of s

Reforms aim to hold Wall Street accountable: Obama

4th May, 2010 22:42

President Barack Obama said on Tuesday proposed US financial regulatory reforms aim to hold Wall Street accountable and protect consumers.

Cognizant Q1 net up, sees Q2 revs exceeding $1 bn 

4th May, 2010 22:13

IT firm Cognizant posted better than expected first quarter numbers. Revenues grew by 6.3% to USD 959.7 million, while net profit saw a jump of 5.2% to USD 151.5 m

RBI changes pricing rules for share transfers to NRIs

4th May, 2010 21:44

India has changed the pricing rules for shares being issued or transferred to overseas Indians under the foreign direct investment policy, the Reserve Bank said la

Mumbai motormen end strike

4th May, 2010 21:44

A strike by motormen of Mumbai's famed suburban trains, which threw city travel out of gear, was called off on Tuesday evening, following an assurance their demand

Wealthy Ambani brothers brace for gas row ruling

4th May, 2010 21:44

The Supreme Court is expected to rule by next week on a long and high-profile dispute between the estranged billionaire Ambani brothers that has unnerved investors

Global manufacturing PMI hits highest since May `04

4th May, 2010 21:41

Global manufacturing expanded at its fastest pace since May 2004 in April as output and new orders surged to new multi-year highs, a survey showed on Tuesday.

RBI asks banks to trade more rate futures

4th May, 2010 21:41

The Reserve Bank of India (RBI) has asked banks to be more active in exchange-traded interest rate futures market and may not allow cash based settlement in this m

Auction bonanza: Are telcos paying too much for spectrum? 

4th May, 2010 21:36

In an interview with CNBC-TV18, Sandeep Ladda, ED, PwC gave his perspective on whether the payout for 3G spectrum was really viable for telecom companies.

3G auction: Govt revenue shoots up to Rs 43,372cr on Day 21 

4th May, 2010 21:09

With every passing day, it's becoming increasingly obvious that the 3G auctions will surpass even the most bullish estimate of the government, reports CNBC-TV18's

HC may hear CERC, FMC jurisdiction dispute this week 

4th May, 2010 19:57

The bone of contention between Forward Markets Commission and Central Electricity Regulatory Commission is jurisdiction over forward contracts in the power market

NALCO lowers India aluminium price: Source

4th May, 2010 19:20

State-run National Aluminium Co Ltd has reduced prices of its aluminium products for the domestic market by Rs 3,000 (USD 67.3) per tonne to bring them in line wit