Business
Equity MFs slump; Debt funds gain
Among the debt schemes the top gainer was LIC MF up 0.08 pc and top loser was Kotak Twin Advantage Fund down 0.09 pc.
Hot stocks and strategies for next week
With markets looking weak in the short run analysts feel one can buy stocks like Infosys, TCS, Satyam, and Zee as good bets.
Santro to cost Rs 3,500 more
Hyundai Motor India announced a price hike across models to offset increase in costs of input materials and freight.
Mukesh is Newsweek’s cover boy
Newsweek magazine's has devoted a cover story on Mukesh Ambani describing him as India's most influential businessman.
RIL emerges as strongest mkt player
RIL has asserted its position as the only company on BSE Sensex to have recovered all the losses incurred during May.
India 12th richest nation in 2005
India was way down compared to China, positioned fourth with $2.23 trillion of GDP, but wealthier than Mexico, Russia and Australia.
Citigroup sells 22.4 mn MetLife shares
Citigroup spokeswoman Shannon Bell confirmed that the bank had sold Met life shares, but declined to disclose the sale price.
Japan's economy is on "course"
An interesting way to determine Japan's economic growth is perhaps by taking a look at the country's golf memberships.
Pepsi lines up to boost beverage sales
Besides the carbonated soft drink category, Pepsi is focusing on its evolving portfolio of juices, water, and sports drinks.
Govt denies delay in Jet deal
Under pressure to come clean, Government says Jet-Sahara deal did not fail due to procedural delays.
Economy may slip on oil: Plan panel
The impact of high oil prices on growth can be moderated in the medium term, Planning Commission says in draft paper.
ONGC wants transparent subsidy sharing
Upstream oil companies like ONGC have to share about one-third of the under-recoveries incurred by oil retailing firms.
Mkts recover smartly, close above 10k
Despite weak global cues, the mkts regained strength and moved up. Sensex closed at 10,401.30 up 125.42 points.
IndiGo to colour Indian aviation spectrum
The airline had stunned the aviation industry by placing orders for 100 aircrafts at a list price of over $ 6 billion.
Morgan Stanley overweight on Reliance
Though Morgan Stanley has assigned an overweight rating to RIL, it says the compay’s earnings could stagnate in next 3 yrs.
KBC participant alleges fraud
A participant has complained of 'systematic rigging' in the selection process for Kaun Bangega Crorepati.