Moneycontrol News Archive

Weak global cues prevented mkt from building on momentum 

14th September, 2010 22:19

It was a strange kind of session today. In the morning it looked like it would be a repeat of what happened yesterday. Within half an hour of opening the Nifty was

SAIL, RITES sign pact to set up rail wagon-making unit 

14th September, 2010 22:11

State-run Steel Authority of India on Tuesday signed an agreement with RITES, a subsidiary of the Indian Railways, for jointly setting up a railway wagon-making un

GMR Energy looks at quadrupling capacity by 2012 

14th September, 2010 21:45

GMR Energy has just finished the financial closure for its gas-based plant in Rajahmundry, and is looking to expand its capacity by nearly four times the current s

BPL may monetise part of 500 acre land bank: Sources

14th September, 2010 21:26

CNBC-TV18 learns that BPL is likely to emerge out of corporate debt restructuring soon. Sources indicate that the company is looking to monetise part of its 500 ac

Accelya to make Rs 172/share open offer for Kale

14th September, 2010 20:45

Spanish firm Accelya Holding World S.L. will make an open offer to shareholders of Kale Consultants at Rs 172 per share to acquire 20%, the manager to the offering

Buffett's Dairy Queen loses frozen yogurt ruling

14th September, 2010 20:45

International Dairy Queen Inc, owned by Warren Buffett's Berkshire Hathaway Inc, has lost a bid to stop a Southern California rival from selling a frozen yogurt wi

Credit Suisse private bank to grow 20%+ in Asia

14th September, 2010 20:45

Credit Suisse's private banking chief told Reuters Insider TV net new assets from rich clients in Asia will grow well above 20%, higher than the 15% to 20% annual

Late surge in monsoon poses crop risks

14th September, 2010 20:45

Monsoon rains are likely to start easing nearly a month later than normal, the weather office said on Tuesday, raising the risk of floods in some areas and delays

Tata Steel to buy 80% in Direct Shipping Ore project

14th September, 2010 20:09

Tata Steel is set to acquire 80% interest in the Direct Shipping Ore (DSO) project of New Millennium Capital Corp (NML), Canada, reports CNBC-TV18.

Ispat says lenders not eyeing stake sale; denies report

14th September, 2010 19:16

Steelmaker Ispat Industries Ltd on Tuesday denied a newspaper report that its lenders were selling out to rivals on worries about its finances.

Noida Toll Bridge Co names Harish Mathur new CEO

14th September, 2010 19:16

Noida Toll Bridge Co Ltd said on Tuesday Harish Mathur will take over as the new chief executive, replacing Pradeep Puri effective Sept. 30.

IOC adds 10.5 lakh shares in open interest 

14th September, 2010 19:13

We did around Rs 1.56 lakh crore on the F&O side and the total turnover was in excess of nearly 1.78 lakh crore. This tells you about the kind of momentum which we

Nifty will test its all-time high by yr-end: Fullermoney 

14th September, 2010 18:56

The Nifty on Tuesday crossed the 5,800-mark, before closing just short of that at 5,795 and the Sensex too gained 138 points to close at 19,346. In an interview wi

Lalit Modi vs BCCI: Bombay HC to pronounce verdict tomorrow 

14th September, 2010 18:46

Furthering the ongoing row between suspended Indian Premier League Commissioner Lalit Modi and the BCCI, the board's disciplinary committee met on Tuesday. The Bom

Buy Kingfisher Airlines target of Rs 82: Mohindar 

14th September, 2010 18:40

One can buy Kingfisher Airlines with a target of Rs 82, says Rahul Mohindar of Viratechindia.