State-run Oil and Natural Gas Corporation (ONGC) today reported a fall of 16 per cent in its net profit at Rs 2,206.76 crore for the fourth quarter ended March 31, 2009, over the same period last year.The public sector oil and gas explorer had a net profit of Rs 2,627.10 crore during the …

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MUMBAI: Infrastructure shares are hot commodities for funds in India after the recent elections, and their attraction is only set to grow as the Mutual Funds Paperwork for MF investments! MF Investments When do you jump a mutual fund? new government lays out plans to improve the coun…

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Edward Pulling of JP Morgan Asset Management said that if India trades at 15 times PE, the Sensex could trade at 30,000 in the next three to four years and said that he saw a Sensex EPS of Rs 2000 between March-September 2013. He added that the March 2009 Sensex EPS would be seen at Rs 85…

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Here is an interview taken on CNBC TV18 of veteran investor in Indian stocks, Rakesh Jhunjhunwala. He is speaking about future of Indian stocks in next few years in this interview. “If the Nifty breaks 4650 decisively and holds for a week or so, it could hit 5900-6000,” Jhunjhunwala …

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MUMBAI: Prabhudas Lilladher has maintained Accumulate rating on ABG Shipyard after the company announced its quarterly results. The brokerage expects the stock to touch a target price of Rs 230 per share. ABG Shipyard’s topline for the quarter stood at Rs 3,368.6 million indicating a …

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MUMBAI: Indices ended little changed on Tuesday as investors bought frontline stocks with the positive opening of the European markets. Buying activity in index-heavyweight Reliance Industries, Grasim and BHEL also supported the benchmarks. Traders also squared off positions ahead of F&#…

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MUMBAI: Benchmarks bounced back in the positive terrain on Tuesday as sentiments turned bullish with the positive European markets. Buying activity in heavyweight Reliance Industries also helped the benchmarks to erase losses. At 2:45 pm, Bombay Stock Exchange’s Sensex was at 14338.0…

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MUMBAI: India’s real GDP growth will average at 7.2 per cent over the next five years even as risks to the global economy continue to remain high, the Economist Intelligence Unit (EIU) has said. The world’s second-fastest growing economy may also see negative inflation for t…

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MUMBAI: Indian indices ended near day’s lows on Monday as traders booked profits across the board ahead of June series F&O expiry. Correction in shares of Reliance Industries pulled down the indices sharply. Negative European markets also kept the markets under pressure. National…

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Alert: Satyam Renamed as Mahindra Satyam RNRL (Reliance Natural Resources) -Files caveat in SC (Supreme Court) in gas pricing issue -Caveat filed to preclude any chance of ex-parte order Tata Tea -Increases stake in Mount Everest Water to 40.11% -Acquires 4.12% stake in Mount Everes…

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