Moneycontrol News Archive

Etisalat sees Zain financing, due diligence on track

24th February, 2011 23:04

UAE telecoms firm Etisalat said it will complete bank financing and due diligence for its planned USD 12 billion acquisition of Kuwait's Zain by the end of Februar

Alaska harvests most US commercial seafood

24th February, 2011 23:04

If it were a separate nation, Alaska would rank as the 14th biggest seafood producer in the world, according to a new study.

State of the Railways: Are its finances in a mess? 

24th February, 2011 22:18

The Indian railways have been looked at in the recent times as the biggest economic turnaround story. But is that something which is still continuing? Railway’s fi

Will FM's revenue targets be met? 

24th February, 2011 22:00

With just four days to go for Budget 2011, the government is staring at a serious revenue shortfall on the direct tax front. But CNBC-TV18’s Ashwin Mohan reports t

Libya dangerously fractured, protestors seize cities 

24th February, 2011 21:44

The situation in Libya took a turn for the worse, with the opposition taking control of country's second-largest city - Benghazi. The opposition is shutting down

MphasiS Q1 cons net profit down 15% at Rs 227 cr

24th February, 2011 20:10

MphasiS has declared its first quarter results. The company's consolidated net profit was down at Rs 227 crore versus Rs 268 crore.

Gvk Power & Infra subsidiary signs concession agreement with Gujarat State Road Development Corp

24th February, 2011 19:22

Gvk Power & Infra subsidiary has signed concession agreement with Gujarat State Road Development Corp for six laning of existing three lanes.

Trade accelerated in major economies in Q4 2010 - OECD

24th February, 2011 19:22

International trade picked up in the last three months of 2010 when growth in Chinese imports far exceeded its exports, reducing the country's trade surplus, the O

Oil prices could be game-changer for world economy

24th February, 2011 19:22

Soaring oil prices are reaching levels that could threaten to brake improving but tentative global economic recovery, with an outside chance of a new recession or

Fall short-lived, market asking for 'good' budget: Experts 

24th February, 2011 19:11

When the country was getting into the all-important budget day, the sudden spike in crude price spooked the market and smashes it beyond recognition.

No hint of capitulation in markets yet: F&C Investments 

24th February, 2011 18:57

Concerns around Libya coupled with the fact that the unrest might impact Saudi Arabia, spooked investor sentiment further. The Sensex ended down 546 points to clos

Nakoda commences 5.25 MW Wind Power at Ratlam, MP

24th February, 2011 18:46

Nakoda Limited (BSE code: 521030), one of India’s largest players in the fully drawn yarn segment, has commenced its Wind Power project in Ratlam, MP.

ARSS bags order worth Rs 104 crore from Assam State Govt

24th February, 2011 18:43

The Bhubaneswar based ARSS Infrastructure Projects Limited, focusing on construction of railway infrastructure, roads, highways & bridges has announced that it has

Grameen Koota raises Rs 35cr through NCDs

24th February, 2011 18:42

Bangalore-headquartered microfinance firm Grameen Financial Services Private Limited has raised Rs 35 crore ($8 million) in debt funding through an issue of se

Mcleod Russel subsidiary signs MOU with Rwanda Development Board, Rwanda Tea Authority

24th February, 2011 18:34

Mcleod Russel India subsidiary, Borelli Tea Holdings Limited, UK signs MOU with Rwanda Development Board and Rwanda Tea Authority.