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Petronet steps up efforts to procure more LNG
Board to discuss revised deal on supply from Exxon Mobil. New Delhi, July 20 The board of Petronet LNG Ltd on Monday is likely to consider the revised deal for liquefied natural gas (LNG) from Exxon Mobil’s interest in Australia’s ...
PM okays grant for APGenco, BHEL project
Chennai, July 20 The Prime Minister, Dr Manmohan Singh, on Thursday approved a grant of Rs 350 crore for the 125-MW Integrated Gasification Combined Cycle (IGCC) project being put up at Vijayawada in Andhra Pradesh, by a joint venture of ...
Bears keep new demat accounts away
Mumbai, July 20 As equity markets remain in a bear grip, the number of new investors coming to the bourses appears to be dwindling. This is evident from the figures for fresh demat accounts opened with the two depositories in the past three ...
Kenya buying Indian tea to honour export deals
Chennai, July 20 What does one do when production is not enough to meet export obligations? Buy from another country and meet them? ...
Buying into IT
It could be an understatement to say that Vasudharini, a middle-level executive of an IT firm in Bangalore, loves shopping. Be it grocery, jewellery or garments, she spends hours checking out every counter and every stock keeping unit (SKU) ...
Rlys faces key talent flight
‘SIGNAL’ TROUBLE. New Delhi, July 20 Indian Railways officials from the highly specialised arm of signalling and telecom are leaving for greener ...
‘Delays in client decisions a challenge but pipeline looks good’
TCS’ Ramadorai sees an uptick going into Q3 if US slowdown doesn’t worsen. Chennai, July 20 Minutes before Business Line’s video conference with Tata Consultancy Services CEO & Managing Director, Mr S. ...
New age ‘BPO union’ takes workers’ stir to cyberspace
New Delhi, July 20 The web is the new battleground for this new age eUnion! The BPO Union 2.0, formed recently, is attempting to reach out to BPO workers through blogs and e-mails, to highlight issues faced by call centre professionals and ...
IT majors see climb-down on manpower addition
Combined with marginal increase in attrition, decrease in pay hikes. Chennai, July 20 “When the environment is so uncertain, and our clients themselves are not sure how things would turn out in the next few months, why would we continue ...
How effective is your performance management system?
Effectiveness measurements of the appraisal system are key to delivering value for the employees. The Performance Management System has been recognised as a significant tool for employee development. Organisations worldwide are leveraging this ...
‘Dairy products prices may fall on rise in output, exports’
Global dairy products prices are forecast to rule lower during 2008-09 (September-August) as rise in production and exports from the US and the European Union improve their availability in the world ...
What the G-8 meet failed to accomplish
The Hokkaido conference of G-8 nations has gained undue prominence in Indian politics because the Prime Minister, Dr Manmohan Singh, chose to attend the G-8 meet and had discussions with the US President, Mr George W. Bush, in the face of bitter ...
‘Some cos, sectors may face rating revision due to downturn’
High interest rates, rising fuel prices, credit squeeze may impact rating. Mumbai, July 20 With corporate India facing pressure on profitability this fiscal, certain companies and sectors may face downgrades in their credit profiles, said ...
INSIDE INDUSTRY
Desi hospitality industry needs to get its act together
The number of flights, competitive pricing, easier communication and more exposure on television have made India an exciting destination.. The Indian hospitality industry is getting global attention. As major hotel groups and real-estate players ...
IOC to up product movement through pipelines by 30%
As the backbone of Indian Oil Corporation Ltd’s (IOC) refining and marketing operations, its 9,300-km pipeline network registered the highest ever operational throughput of 57.12 million tonnes (MT) last fiscal. ...
TODAY'S PICK (Latest Audio: English/Tamil)
NTPC (Rs 173.30) : Buy
We recommend a buy in National Thermal Power Corporation (NTPC) from a short-term perspective. From the charts of NTPC, we note that it had been on a medium-term downtrend from its early May 2008 peak of Rs 203 to its late June trough of Rs 148. ...
Day Trading Guide
Dalal Street keenly watching political drama
Too many ifs and buts in forming a short-term outlook. External and internal triggers tossed the equity market last week. The Wall Street rally on July 16 and 17 resulted from the sharp drop in crude oil, better-than-expected earnings reports ...
Stock split and the art of wealth creation
‘Buying decision should primarily be based on fundamentals, not on stock splits’. Coimbatore, July 20 As the countdown to Sesa Goa’s stock split (and 1:1 bonus issue) record date begins, the spotlight has turned on the ...
Short-term pressure in gold likely
Support for yellow metal seen at $947; crude may dip in near term. Gold witnessed a roller-coaster ride last week, first tending to hit the $1,000-an-ounce mark, before running out of breath and closed lower than last week. Gold closed at ...
Focus shifts to buzz in southwest Bay
Thiruvananthapuram, July 20 The India Meteorological Department (IMD) has forecast rain or thundershowers at a few places over coastal Andhra Pradesh, Telengana and Tamil Nadu over the next few days as the buzz in the southwest Bay of Bengal ...
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