Moneycontrol News Archive

NAVs end lower as markets decline

9th February, 2011 23:44

Equity diversified NAVs closed lower with advance:decline ratio of 4:251 as Indian equities were wrecked again in the last one hour of trade to close a tad above t

Mkt capitulation raises hopes of pullback in near-term 

9th February, 2011 22:43

It was another dismal session for the broader market and the intense pain continues in individual portfolios also in mutual fund NAVs but capitulation was visible

Focussed on growing topline via rejig: Wipro to clients 

9th February, 2011 22:24

With dismal results, management rejig and business restructuring - it's been a trying 2011 for tech major Wipro. And now the new CEO, TK Kurien, is reaching out to

Vodafone Essar slams TRAI's 2G pricing proposals

9th February, 2011 22:00

Vodafone Essar, India's third-largest mobile carrier and controlled by Vodafone said in a statement on Wednesday second-generation mobile spectrum pricing proposal

Global recovery, inflation picking up speed: Poll

9th February, 2011 22:00

Rich world economies could grow faster this year than previously thought, albeit with higher inflation and a growing likelihood that major central banks will start

Bernanke says US job growth, inflation still too low

9th February, 2011 22:00

US unemployment remains too high for policymakers' comfort despite signs of strength in the economic recovery, Federal Reserve Chairman Ben Bernanke said on Wednes

Black money: Centre ignores SC rebukes, reveals no new name

9th February, 2011 22:00

Disapproving of the last affidavit, restricting information only to 26 Indians holding accounts in Germany's Liechtenstein Bank, the bench had remarked, "This is a

Govt allows exports of 3 varieties of non-basmati rice

9th February, 2011 22:00

Buoyed by prospects of higher rice production this year, the government today decided to lift the three-year ban on exports by allowing shipment of 3 varieties of

What next for Cairn's Indian asset sale to Vedanta?

9th February, 2011 22:00

A USD 10 billion deal for Vedanta Resources to take control of Cairn India and step into the lucrative oil business could falter due to an Indian state-run partner

Bank credit offtake up 23.4%: RBI

9th February, 2011 21:53

Credit offtake from public and private sector banks in the country grew by 23.4% for the one-year period ended January 28, indicating an upswing in industrial acti

BCCI in talks with Oriental Insurance for IPL

9th February, 2011 21:43

The Board of Control for Cricket in India (BCCI) may rope in insurance companies for the upcoming Indian Premier League. BCCI is in talks with Oriental Insurance f

TRAI recos on 2G spectrum: Experts debate on implications 

9th February, 2011 21:25

In an interview with CNBC-TV18, Rajat Kathuria, and Rohit Prasad, Co-Authors of the 2G Spectrum Report spoke on the implications of the TRAI's recommendations.

Hinduja Global to close China JV deal by June

9th February, 2011 20:16

Back-office service provider Hinduja Global Solutions hopes to close a joint venture agreement in China by end-June as it gears up for more overseas buys to expand

REC to raise $100m from Bank of Tokyo Mitsubishi

9th February, 2011 20:16

India's state-run lender Rural Electrification Corp plans to raise USD 100 million from Bank of Tokyo Mitsubishi, a top official said on Wednesday.

Egyptian protesters intensify 'Go Mubarak' campaign

9th February, 2011 20:16

US Vice President Joe Biden, in a telephonic conversation with Suleiman, urged him to restrain the Ministry of Interior's.