The Hindu Business Line : Thursday, February 07, 2008

Emaar extends IPO; price band cut again
Mumbai, Feb. 6 The IPO of Emaar MGF Land Ltd, which was slated to close on Wednesday, has been extended by five days, and its price band revised downwards for the second time.This was as a result of the IPO failing to fetch the minimum ... More

Tata Securities all set to enter retail broking
Will leverage Tata Motor Finance’s branch network More

Short sales tax angle: CBDT wants system in place first
More

Kohlberg Kravis buys 2% stake in Bharti Infratel for $250 m
New Delhi, Feb 6 Bharti Infratel, a wholly-owned mobile tower subsidiary of Bharti Airtel Ltd, announced that private equity firm Kohlberg Kravis Roberts & Co (KKR) has agreed to invest $250 million in Bharti Infratel. The investment will ... More

Narayana Health City to expand to other States
Kiran Mazumdar joins board; AIG, JP Morgan pump in Rs 400 cr More

Eicher CVs to be equipped with Volvo engines
Volvo planning to launch Nissan diesel trucks in 2009 More

Reliance plans big for realty; goes headhunting
Mumbai, Feb. 6 Reliance Industries looks all set to enter the realty space in a big way.Mukesh Ambani’s $27-billion corporate house has called for project managers, project architects, project and design engineers for its real ... More

Assocham wants 10% surcharge on corporate tax to go
Kochi, Feb. 6 The Associated Chambers of Commerce and Industry of India (Assocham) has recommended a host of proposals for the consideration of the Finance Minister for Union Budget of 2008-09, which included abolition of 10 per cent surcharge ... More

Aditya Birla group readies $100-m Family Stores
To sell apparel products for all age groups More

Staff performance, productivity matter: TCS
Group gains strength from top level shifts: Mahalingam More

Salary cut: HR fraternity unperturbed
Bangalore, Feb. 6 Even while a 1.5 per cent salary cut for TCS employees is giving the country’s tech workforce sleepless nights, the IT-HR fraternity here is reassuring that “it is not unduly worried over the IT giant’s ... More

Talk of Budget sops pushes fertiliser stocks up
Hopes of tax softening, lower import duty on equipment More

IMF twin reports applaud India’s macroeconomic policies
New Delhi, Feb. 6 Ahead of the Union Budget 2008-09, the International Monetary Fund (IMF) has come out with two weighty assessments on the Indian economy for the Indian policymakers to take due note of, though India has not been under any ... More

‘Need to check unhealthy practices in MF segment’
Information overload, limited rural reach a concern: Dr C. Rangarajan More

Significant churn in FII stakes in December quarter
They accumulate frontline information technology stocks More

TODAY'S PICK (Latest Today's pick audio)
Action Construction (Rs 448.70): Buy
We recommend a buy in Action Construction Equipment from a short-term perspective. From the charts of the stock it is clearly visible that it has been on a steady long-term uptrend since it March 2007 low of Rs 162. However, after marking an ... More

Day trading guide
The stock is witnessing selling pressure at higher levels. Sell the stock in rallies with stop loss at Rs 1,190.Infosys Negating our prior view, the stock tumbled penetrating the 50-day moving average. We ... More