The Hindu Business Line : Saturday, May 24, 2008

Wheat buying hits record 20.71 million tonnes
Surpassing all expectations — official and unofficial — wheat procurement by the Government agencies has hit an all-time-high during the current 2008-09 rabi marketing season (April-March). As on Friday, Food Corporation of ... More

ITC net rises 14% at Rs 736 cr in Q4
Robust sales in stationery More

3G services launch by early next year likely
DoT may announce final guidelines next month More

BHEL net profit in Q4 falls 3% on input price rise
Board recommends final dividend of 62.5% More

Chinese tyre imports surge despite dumping duty
Price differences at 10-30% More

M&M evaluating majority stake in Kinetic Motors
Pune, May 23 Though a US-based private equity fund has already completed the due diligence at Kinetic Motor Company (KMC) and evaluated it in the region of Rs 125 crore, a source close to the development says that it is Mahindra and Mahindra ... More

Organised retail and food price inflation — Opening the ‘Black Box’
More

Inflation rate unchanged at 7.82% for week ended May 10
Food articles group index declines marginally More

Inflation topped 8% in March
The final inflation jumped to eight per cent in March for the first time in three-and-a-half years, revised data showed. Final inflation for the week ended March 15 was revised to 8.02 per cent from 6.68 per cent, with the final WPI for ... More

Tea output may remain stable at 945 mkg
Exports to Egypt may increase to 8-10 mkg this year More

Infosys eyeing buyouts in Europe
Sees faster growth in Germany, France, Switzerland More

Tax returns of political parties can be made public
More

New reader-friendly MF documents from June 1
Mumbai, May 23 Market regulator SEBI has simplified the offer document and key information memorandum (KIM) to be filed by mutual funds to make them reader friendly. The measures are aimed at reducing the bulkiness of the offer ... More

US-64: 50,000 investors opt for other UTI schemes
Other fund houses lure investors with incentives More

Big FIIs selling index futures?
The stock market turned extremely weak during the week. The Nifty tumbled 4.09 per cent, while the Nifty future, which was commanding a premium last week over the spot close, dipped into the discount. According to market sources, a couple of FIIs ... More

Inflation puts bank stocks under pressure
Farm loan announcements further trigger selling More

Weekly Market round-up (Latest Audio: English/Tamil)
On Tuesday, the Sensex opened on a weak note taking cues from weak asian indices. Market participants were on jitters as oil prices scaled new peaks. The Sensex surrendered nearly 200 points to finish the day at 17,230. To sum up the week, the ... More

Westerlies force a reset of cyclone watch
Thiruvananthapuram, May 23 India Meteorological Department on Friday maintained the watch for a ‘low’ in the southeast Arabian Sea even as the capricious westerlies forced the European Centre for Medium-Range Weather Forecasts ... More