Moneycontrol News Archive

Fin Min on bank licences: Bank promoters to be given 10 years to list  

24th March, 2011 22:47

The RBI wants new banks to list in five years of their promoters getting licences but the Finance Ministry is in favour of giving them more time, say ten years giv

Intel logs into Indian market; targets 20% revenue jump in FY12 

24th March, 2011 21:55

With a host of new products lined up, Intel is betting on India to drive its global growth. The company are aiming at a 20% jump in revenues in FY12, reports CNBC-

Japan quake to have short-term impact on Indian IT exports: NASSCOM

24th March, 2011 21:47

The earthquake and subsequent tsunami in Japan will have short term impact on Indian IT exports to that country, NASSCOM president Som Mittal said today.

UBI, Indiabulls get SEBI nod to enter MF space

24th March, 2011 21:29

After waiting for over a year, the state-run Union Bank of India has finally got the approval from the markets watchdog Sebi to enter the mutual fund (MF) arena.

Collapse of euro is not unthinkable: Warren Buffett  

24th March, 2011 21:26

A collapse of the euro is not unthinkable. That is the chilling warning coming in from the Oracle of Omaha Warren Buffett. Speaking to CNBC's Becky Quick, Buffett

Oil prices seen above $100 through 2013

24th March, 2011 20:47

Oil prices will stay above USD 100 a barrel through 2013, a Reuters poll showed, as analysts sharply revised forecasts up because of political tensions in the Midd

Giving and making money have lot in common: Gates

24th March, 2011 20:37

He might have given up a lucrative career for philanthropy, but for Microsoft founder Bill Gates giving and making money have a lot in common.

For better growth, inflation must be around 5-6%: YV Reddy 

24th March, 2011 19:56

Banking and central banking are both bristling with issues. In an interview with CNBC-TV18, YV Reddy, former governor, RBI, whom the world believes is the oracle o

Kotak Mahindra Bank launches interbank mobile payment service

24th March, 2011 19:30

Kotak Mahindra Bank today launched Interbank Mobile Payment Service (IMPS) for its customers.

I-T dept to take 'strict action' if UBS officials do not cooperate: Sources 

24th March, 2011 19:09

While the Enforcement Directorate probes the Hassan Ali money laundering angle, the taxman is not far behind. Having found no luck with UBS Zurich, the Mumbai taxm

How hard would new ground norms hit private airlines? 

24th March, 2011 18:50

While the Delhi HC upheld the CCS decision of restricting private airlines to perform ground handling operations, airlines knocked the doors of the Supreme Court.

Possible to maintain inflation at moderate level: Pranab

24th March, 2011 18:26

Finance Minister Pranab Mukherjee today said it would be possible to maintain inflation at a moderate level on account of measures taken by the government.

Mindtree, Ashok Soota clarify position on stake sale and future plans

24th March, 2011 18:22

Mindtree and Ashok Soota clarify position on stake sale and future plans.

Buy HDFC; target of Rs 744: KRChoksey

24th March, 2011 18:16

KRChoksey is bullish on Housing Development Finance Corporation (HDFC) and has recommended buy rating on the stock with a target of Rs 744 in its March 24, 2011 re

Factor Bill to allow cos to seek legal option to recover debt

24th March, 2011 18:14

The factor bill proposes all factoring companies to be under RBI purview to ensure that the factoring operations of small scale industries have better access to wo