Moneycontrol News Archive

JSW Steel Q4 net profit up on strong demand, retail sales 

16th May, 2011 15:45

JSW Steel Monday posted 32% rise in fourth-quarter net sales to Rs 7,209.35 crore on back of robust domestic demand and continuous focus on retail sales, but highe

TRF may slip to Rs 400: Lancelot DCunha 

16th May, 2011 15:42

TRF may slip to Rs 400, says Lancelot DCunha, CEO, Sharyans Wealth Management.

CRISIL assigns fundamental grade 3/5 to Hitech Plast

16th May, 2011 15:38

CRISIL Research has come out with its report on Hitech Plast. The research firm has initiated coverage on Hitech Plast with a valuation grade of 5/5 and has mainta

Portugal hopes Europa final hails new golden era

16th May, 2011 15:34

An all-Portuguese Europa League final on Wednesday has raised hopes in the country that this will not just be a one-off and its clubs can consistently threaten the

Nokia shuts door on services brand Ovi

16th May, 2011 15:34

Nokia's new management will dump its Ovi services brand in favour of its company name across its offerings, the world's largest cellphone maker by volume said on M

SE Investments sets payout target of over Rs 1500cr in FY12 

16th May, 2011 15:29

SE Investments saw a rise of 140% in the profits that are over Rs 60 crore for FY11. Sunil Agarwal, the managing director of SE Investments, in an exclusive interv

Country Club on a massive expansion trail 

16th May, 2011 15:28

Y Rajeev Reddy, CMD, tells CNBC-TV18 of the projects under implementation and the way ahead for the company.

ILandFS Trans a safe bet: Lancelot DCunha 

16th May, 2011 15:25

ILandFS Transportation Networks (ITNL) is a fairly good safe bet with relatively low downside risk from these levels, "says Lancelot DCunha, CEO, Sharyans Wealth M

GoM to meet on Cairn-Vedanta deal after deadline expires

16th May, 2011 15:20

The Group of Ministers is likely to meet on May 27 to consider Cairn Energy's sale of a majority stake in its India unit to Vedanta Resources, government sources s

Accumulate PTC India; target of Rs 99: P Lilladher

16th May, 2011 15:18

Prabhudas Lilladher is bullish on PTC India (PTC) and has recommended accumulate rating on the stock with a target of Rs 99 in its May 10, 2011 research report.

Sell ABB; target of Rs 745: KRChoksey

16th May, 2011 15:10

KRChoksey is bearish on ABB and has recommended sell rating on the stock with a target of Rs 745 in its May 13, 2011 research report.

Nikkei falls to technical level eyed as sales trigger

16th May, 2011 15:08

Japan's Nikkei stock average hit a 1-month-low to end just under a key technical level on Monday, hurt by volatile commodities as well as concerns about global gro

Ruchi Soya eyes 15-20% revenue growth in FY12 

16th May, 2011 15:07

Ruchi Soya Industries’ fourth quarter (January-March) net profit rose 25.8% year-on-year to Rs 21.77 crore, aided by strong sales, especially to export markets. In

Accumulate Andhra Bank; target of Rs 152: Angel Broking

16th May, 2011 15:00

Angel Broking is bullish on Andhra Bank and has recommended accumulate rating on the stock with a target of Rs 152 in its May 12, 2011 research report.

Sensex down 150 pts; Realty, metal, auto, banks crack

16th May, 2011 14:55

The benchmark indices continued to remain sluggish and grinding lower on tepid turnover. Rate sensitives and commodity stocks were reeling under selling pressure.