The Hindu Business Line : Wednesday, May 28, 2008

FII net sellers since May 20
Mumbai, May 27 Foreign institutional investors (FIIs) have been net sellers on Indian bourses since May 20. Including Tuesday’ provisional selling data of Rs 496.61 crore, their total (net) selling stood at Rs 3,594 crore in the cash ... More

Vodafone India turnover up 50%
Chennai, May 27 Vodafone’s India operations have recorded a 50 per cent growth in turnover at Rs 15,288 crore in fiscal 2007-08, its consolidated figures reveal. In contrast, its global operations have grown by only 14 per cent during ... More

Arun Sarin makes £200-m parting gift to Indian operations
He has made every Indian proud, says Sunil Mittal More

Reliance arm pays $3.45 m to UXA for uranium exploration
More

Cement exports allowed through Gujarat ports
Slack demand during monsoon prompts Govt decision More

IT slowdown bites — Bangalore hotel room rates softening
Bangalore, May 27 The slowdown in the IT industry that drives business for other sectors and the fluctuating dollar have had an impact on the hotel industry in Bangalore. If indications are to be believed, hotels in the city have been ... More

Blues galore at Bengaluru International Airport
SAME TEETHING PROBLEMS More

User industries scour for stocks despite zooming rubber prices
‘Pressure to ban exports’; tyre manufacturers planning hike in rates More

TODAY'S PICK (Latest Audio: English/Tamil)
Shriram Transport Finance (Rs 341): Buy
We recommend a buy in Shriram Transport Finance Company from a short-term perspective. We note that the stock, which was trending downwards from its December 2007 high of Rs 433, found support at Rs 300 in March. Later on, following a ... More

Day Trading Guide
In line with our expectation, the stock declined in the last trading session. We maintain our sell recommendation in this stock. Infosys The outlook is cautious for the stock. Avoid initiating buy or sell ... More

TRAI cautions DoT against overriding regulatory procedures
More

Searing momentum in rupee
All eyes were riveted on the rupee as the currency slid below the Rs 43-mark last Friday. But the decline was arrested thanks to a bout of profit-booking in crude prices that dragged the commodity lower from the peak at $135.The relief ... More

Sundaram Fin bucks weak trend in car, CV segments
Net profit rises 35%; announces 1:1 bonus, to pay 50% final More

Six out of 10 stocks beat Sensex in recovery
76 stocks gain 50% or more from March lows More

Announcement of higher subsidy lifts fertiliser stocks
‘New investment policy will be finalised soon’ More

Banks want equipment performance guarantee for power projects
Companies going more for Chinese suppliers due to hefty discounts More

‘Disclose offshore derivative instruments activities’
Move aims at whether ODIs are issued to NRIs or not? More

Rangarajan moots recipe to tackle big capital flows
It’s a combination of currency appreciation and sterilisation More

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