The Hindu Business Line : Sunday, May 11, 2008

SBI to tap semi-urban, rural areas for growth, will add 1,000 branches
Mumbai, May 10 State Bank of India, the country’s largest bank, will add 1,000 branches in rural and semi-urban areas this fiscal. The bank will also expand its sales force and tie-ups with business correspondents and business ... More

BHEL takes over BHPV, inks pact for power plant at Vijayawada
BHPV will become dedicated centre for industrial boilers More

TOP OF MIND
Banking on tools
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New exit scheme mooted for quick disposal of insolvency cases
Corporate Affairs Ministry consulting Plan panel More

‘Drop in steel prices some relief, but not much’
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7 new services under tax net from May 16
Finance Bill gets Presidential nod More

Index Outlook
Stock markets wilted last week as market participants decided to follow the maxim, ‘sell in May’, at least partly, by taking some profit off the table. With the simmering crude oil prices stoking inflation fears in most countries, ... More

IRB Infrastructure Developers: Buy
Investors with a 3- to 5-year perspective can consider investing in the stock of IRB Infrastructure Developers. With a portfolio of 11 operating toll roads and three under execution through special purpose vehicles, the company’s revenue ... More

When paying tax creates more money!
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Pantaloon Retail: Buy
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Gokul Refoils and Solvents — IPO: Invest at cut-off
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MIC Electronics: Buy
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DSPML Opportunities Fund: Hold
Investors can continue to hold the units of DSPML Opportunities Fund, considering its long term track record in delivering steady returns. The fund is one of the few “Opportunities” funds with a five-year track record. The fund ... More

Anu’s Laboratories - IPO: Invest
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JM Contra: Hold
Investors can retain their units in JM Contra. While the fund’s return of 8 per cent since inception in September 2007 has underperformed its benchmark BSE-500, there has been a marked improvement in returns in 2008. The ... More

Weekly News Round-up (Latest Audio: English/Tamil)
The rupee recorded a dramatic decline and breached the psychological 41 level during the week, plunging to its lowest in eight months. The rupee opened last Monday at 40.64/65 and fell to a low of 41.76 during the week. At those levels, the ... More

Steel honchos
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Radar: Resources elsewhere
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ADB World Outlook 2008

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Union Budget 2008-09

Railway Budget 2008-2009

Economic Survey 2007-2008

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