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10 highest-paid CEOs of 2012

Thu, 23 May 2013 17:00:09 +0530

10 highest-paid CEOs of 2012

Nifty to slip sub 5970; don't catch falling knife: Sukhani

Fri, 24 May 2013 09:11:05 +0530

The Nifty is heading lower and may not hold the key 5970 support, so one should avoid trying to buy these dips.

Thursday's damage may keep mkt edgy for next few days

Fri, 24 May 2013 08:34:57 +0530

The steep fall in the market due to global cues on Thursday, is likely to keep the market cautious for the next few days

Nifty may hit 5400; dollar rise could hit carry trade: Citi

Fri, 24 May 2013 09:13:23 +0530

A major worry for global markets was the strength in dollar, which could force unwinding of carry trade. Conversely, the appreciating dollar also indicated a risk aversion in other asset classes.

Malvinder Singh denies Daiichi's charges of wrongdoing

Thu, 23 May 2013 20:40:33 +0530

CNBC-TV18 executive editor Shereen Bhan and Archana Shukla reports that Malvinder Singh, while denying all wrong-doing at Ranbaxy, says that Daiichi took months to clinch the deal and the due diligence process was rigourously followed.

BSE Sensex volatile, Japan's Nikkei slips 800 pts from top

Fri, 24 May 2013 10:02:25 +0530

Indian shares gave up early morning gains after Japan’s Nikkei slipped into red. Nikkei was up close to 3 percent a while ago and a sharp sell-off pushed Japanese market in red. BSE Sensex too pared early gains of over 100 points and slipped into red tracking movement in Japanese shares

Tata Steel's Q4 loss at Rs 6528 cr on impairment provision

Thu, 23 May 2013 18:33:57 +0530

Tata Steel has posted Rs 6528 crore loss in Q4 against Rs 433 crore profit it posted in year-ago period.

Wockhardt tanks on import alert; Macquarie, Citi cut target

Fri, 24 May 2013 12:02:58 +0530

Wockhardt, which hit the lower 20 percent circuit on Thursday, plunged further 18 percent in opening trades on Friday. The US FDA has issued an import alert on one of its facilities in Aurangabad, Maharashtra and the company's chairman said that will impact business by USD 100 million.

Mkt headed lower; time to sell in May and go away: Sukhani

Thu, 23 May 2013 09:21:17 +0530

Sudarshan Sukhani of s2analytics.com is mildly bearish on the market. He see the Nifty moving lower from current levels. The sell in May philosophy is likely to work out this time. Trade is to be short side.

Phaneesh Murthy pressured Roiz for abortion: Lawyer

Thu, 23 May 2013 10:17:59 +0530

As a result of Mr. Murthy's influence over Ms Roiz, she continued the relationship with him and ultimately, Ms Roiz became pregnant with Mr. Murthy's child, Roiz's lawyer claims. When he discovered this, Mr. Murthy pressured Ms Roiz to have an abortion.

Road projects not to be developed in PPP mode: NHAI

Thu, 23 May 2013 19:41:13 +0530

National Highways Authority of India (NHAI) now believes that conditions for public-private partnership (PPP) projects are not right. t gave several reasons like the current growth scenario cannot support big highway projects typically developed in the PPP mode.

Stay with short bias; avoid banks till expiry: Experts

Thu, 23 May 2013 19:00:18 +0530

CNBC-TV18's market experts advise investors to stay with the short bias on the markets amd avoid bank-stocks till expiry of the May series.

Wockhardt tanks 20% on US FDA import alert

Thu, 23 May 2013 18:10:43 +0530

The US drug regulator has issued an import alert on Wockhardt's facility at Aurangabad in Maharashtra. The stock closed down 20 percent, its lower circuit level, at Rs 1,313.80 on NSE.

How to play SBI after Q4 results miss estimate

Thu, 23 May 2013 19:49:05 +0530

Traders who were apprehensive of SBI's restructured loan book, pressed the panic button. SBI shares tanked 8%. However, analysts tracking the bank saw it as an opportunity to buy at every decline. SBI shares are expected to rise between 15-25% next one year.

Sensex cracks 387 as Japan falls; SBI, LT lead losers

Thu, 23 May 2013 16:00:20 +0530

Realty, power, capital goods, and banking were among the worst performers, while most pharmaceutical and FMCG shares benefitted from defensive buying.