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Markets cautious ahead of vote
Stocks, rupee and bonds look up on stable crude, positive global cues. Mumbai, July 21 Amid the steady stream of reports of hectic political parleying and horse trading in the Capital, the financial markets on Monday closed on a cautiously ...
Will UPA govt pull it off?
Every decision taken by my Govt is in the best interest of nation: PM. New Delhi, July 21 With less than 24 hours to go for the vote on the confidence motion moved by the Prime Minister, Dr Manmohan Singh, the survival of his Government ...
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TODAY'S PICK (Latest Audio: English/Tamil)
Indian Bank (Rs 101.80): Buy
We recommend a buy in Indian Bank from a medium-term perspective. From the charts of Indian Bank we observe that it had been on an intermediate-term down trend from its February high of Rs 256 till it recorded its 52-week low of Rs 78 on July ...
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Maruti Q1 net skids despite higher sales
Higher input costs, new depreciation policy impact show. New Delhi, July 21 Maruti Suzuki, the country’s top car maker, posted a drop in net profit despite higher sales, mainly on account of a sharp increase in raw material prices and a ...
Tech Mahindra bags $700-m outsourcing deal from BT
Mumbai, July 21 The sixth largest software vendor, Tech Mahindra, has bagged a $700-million (about Rs 2,975 crore) outsourcing deal from its largest client and shareholder - the UK-based BT group, for a five-year ...
Pepper exporters gain from sale calls in futures
Weak rupee also makes the spice competitive in global market. Kochi, July 21 Bearish reports and sell calls on a daily basis for black pepper at various commodity exchanges have turned out to be advantageous to exporters, who have been able to ...
Re, input costs hit auto parts export growth rate
New Delhi, July 21 The strong rupee vis-À-vis the dollar in the last financial year and rise in input costs triggered a sharp fall in the country’s auto parts export growth rate. ...
Courier industry reels under high oil price; costs rise 30%
While the plight of the airline passengers is well known, there is another segment that is reeling under the surge of oil prices - the express and courier industry. More bad news coming their way, the airlines have further increased charges by ...
One-year return turns negative for most diversified schemes
Many under-perform their benchmark indices: Analysts. Mumbai, July 21 One year may not be a long enough time for judging the performance of equity-related investment schemes, particularly in a bearish market. Yet, for a retail investor who has ...
Q1 cement despatches rise
But pressure seen from high input costs. Mumbai, July 21 Despite cement despatches of frontline companies improving in the first quarter of 2008-09, steep rise in input cost is expected to exert pressure on the ...
Dr Reddy’s net down 26% at Rs 134 cr
To buy back Perlecan shares from ICICI, Citigroup for $18 m. Hyderabad, July 21 Pharma major Dr Reddy’s Laboratories Ltd’s net profit decreased 26 per cent at Rs 134.6 crore in the first quarter ended June 30, 2008 compared with Rs ...
Locally heavy rain in TN, Karnataka
Thiruvananthapuram, July 21 Southeasterly winds blowing in from the adjoining Bay of Bengal have fetched welcome parcels of moisture into coastal and interior south peninsula getting precipitated as scattered, isolated moderate and locally ...
Dhaka told to improve connectivity to cut trade deficit
Improved connectivity and beefing up infrastructure for trade and allowing Indian investments would enormously help in boosting Bangladesh exports to India and bringing down trade imbalance that is heavily weighed against ...
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