Moneycontrol News Archive

Nifty ends flat; banks, autos, ADAG slip, Bharti surges

9th May, 2011 15:51

Indian equity benchmarks closed the first session of the week on flat note after seeing an extreme volatility. Market has seen some profit booking in the first hal

Vakrangee Softwares declares dividend at Rs 2 per share

9th May, 2011 15:41

Vakrangee Softwares at its meeting held on May 09, 2011 has declared dividend at Rs 2 per share of Rs 10 each for year ended March 31, 2011.

Berger Paints to consider final dividend

9th May, 2011 15:37

Berger Paints has its Board of Directors meeting on May 30, 2011 to consider final dividend.

Zee News to consider dividend

9th May, 2011 15:35

Zee News has its Board of Directors meeting on May 25, 2011 to consider dividend.

RIL cuts headcount; mulls accountability-linked pay

9th May, 2011 15:29

Billionaire Mukesh Ambani-led Reliance Industries has cut its headcount for third year in a row and is mulling a salary model where pay is based on accountability

Sell GSK Pharma; target of Rs 1809: PINC Research

9th May, 2011 15:26

PINC Research is bearish on GlaxoSmithKline Pharma and has recommended sell rating on the stock with a target of Rs 1809 in its May 9, 2011 research report.

GVK Power and Infra to bid for 25 road projects in FY12

9th May, 2011 15:21

GVK Power and Infrastructure plans to bid for 25 road projects in FY12 and expects to monetise a part of Mumbai airport land in the next two-three months, a top of

S.Africa says Wal-Mart could cost thousands of jobs

9th May, 2011 15:20

Wal-Mart's acquisition of South Africa's Massmart could lead to thousands of job losses and worsening labour conditions, the South African government will argue at

Hindustan Unilever to spin off FMCG exports business

9th May, 2011 15:20

Hindustan Unilever, a unit of Anglo-Dutch Unilever Plc, said its board had approved a proposal to spin off its fast moving consumer goods (FMCG) exports business.

Future Ventures India to list shares on May 10

9th May, 2011 15:17

Future Ventures India, a subsidiary of Future Group led by Kishore Biyani, is set to list its equity shares - issued through public issue - on exchanges on Tuesday

Nikkei falls, Chubu plunges on call for plant closure

9th May, 2011 15:16

Tokyo stocks fell for a second straight session on Monday, dragged down by a plunge in Chubu Electric after Prime Minister Naoto Kan called for the closure of its

Hold Coal India: Kunal Bothra 

9th May, 2011 15:15

Hold Coal India, says Kunal Bothra, LKP.

Reduce Vijaya Bank; target of Rs 71: Angel Broking

9th May, 2011 15:14

Angel Broking is bearish on Vijaya Bank and has recommended reduce rating on the stock with a target of Rs 71 in its May 6, 2011 research report.

High input costs drag HUL Q4 net down 2%

9th May, 2011 15:05

Hindustan Unilever reported a lower-than-expected net profit of Rs 569 crore for the fourth quarter (January-March), down 2% year-on-year due to surge in cost of r

Accumulate Allahabad Bank; target of Rs 227: Angel Broking

9th May, 2011 15:00

Angel Broking is bullish on Allahabad Bank and has recommended accumulate rating on the stock with a target of Rs 227 in its May 6, 2011 research report.