Moneycontrol News Archive

Britain Elections: All signals direct to hung parliament 

6th May, 2010 22:32

As Britain heads to the polling booths, the Tories lead by a slender margin. All signals point to a hung parliament.

Greek Parliament approves austerity plan

6th May, 2010 22:20

A majority of lawmakers in the Greek parliament voted to approve the government's 30 billion euro (USD 40.25 billion) austerity bill in a preliminary non-binding v

IMF says Greece rescue package sufficient

6th May, 2010 21:46

The International Monetary Fund said on Thursday Greece's rescue package was sufficient and it is not considering ways to boost the programme.

Engg, fert biz to be future growth drivers: Murugappa Grp 

6th May, 2010 21:28

The family owned diversified Murugappa Group posted strong numbers with profit before tax rising 29% to Rs 1,354 crore in FY10 against Rs 1,054 crore in the previo

Pakistani villagers condemn Mumbai trial sentence

6th May, 2010 21:08

Residents of the home village of Mohammad Ajmal Kasab, sentenced to death by a court for the 2008 Mumbai assault, condemned his conviction on Thursday, saying it w

Union Bank sees 25% credit growth in FY11

6th May, 2010 21:07

State-run Union Bank of India expects 25% loan growth and 22% deposit growth in 2010/11, a top official said on Thursday.

Greece to back austerity plan; ECB disappoints market

6th May, 2010 20:39

The Greek parliament prepared to adopt a harsh austerity plan in the face of violent unrest, as European Central Bank inaction disappointed markets fearful a debt

ECB keeps rates at 1% as expected

6th May, 2010 20:27

The European Central Bank kept its main interest rate on hold at a record low of 1% for the twelfth month running on Thursday, as expected by economists.

BPTP gets Rs 1500cr IPO nod: Sources

6th May, 2010 20:19

Real estate firm BPTP Ltd has received approval from the markets regulator for an initial public offering to raise about Rs 1,500 crore (USD 325 million), two sour

RIL-RNRL row: Experts debate on case ahead of judgement day 

6th May, 2010 20:00

The verdict of India's most fierce legal battle between two of the biggest corporate houses Reliance Industries (RIL) and Reliance Natural Resources (RNRL) is expe

Zimbabwe rejects takeover bids from steel makers

6th May, 2010 19:56

Zimbabwe has rejected bids for the takeover of state steel maker ZISCO from ArcelorMittal's South Africa and India's Jindal Steel and Power Ltd in a move that coul

US jobless claims fall 7,000 last week

6th May, 2010 19:56

The number of US workers filing new applications for unemployment insurance fell slightly less than expected last week, government data showed on Thursday, implyin

3G bids see 100% activity on Day 23; Govt rev at Rs45,690cr 

6th May, 2010 19:49

Government revenue for the 3G auction has crossed Rs 45,690 crores on Day 23, reports CNBC-TV18's Aakansha Sethi. The All-India price is at Rs 11,327 crore. Four r

NIIT Q4 net profit seen down at Rs 16.8 cr

6th May, 2010 19:34

NIIT is to announce its fourth quarter results. According to CNBC-TV18 estimates, the company's Q4FY10 revenues are seen up at Rs 314.3 crore versus Rs 300.8 crore

See 20% growth in India in FY11: Dr Reddys Laboratories 

6th May, 2010 18:40

In an exclusive interview with CNBC-TV18, GV Prasad, Vice Chairman and CEO, Dr Reddys Laboratories, speaks about the results and his outlook for the company.