Business Daily from THE HINDU group of publications
Tuesday, July 29, 2008
ePaper | Mobile/PDA Version | Audio

News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Subscription

Group Sites

HOME PAGE

ONGC net rises 44% in Q1 as crude offsets subsidy burden
New Delhi, July 28 A substantial increase in subsidy burden notwithstanding, ONGC has managed to register a 44 per cent increase in net profit at Rs 6,636 crore during the first quarter of financial year 2009 (Rs 4,611 crore). ...

Engineering and construction margins boost L&T net 33%
Mumbai, July 28 Larsen & Toubro has posted a 33 per cent rise in net profit for the first quarter of the fiscal as revenues rose and margins from its key engineering and construction (E&C) business looked ...



Beating the peers:...
TODAY'S PICK (Latest Audio: English/Tamil)
Praj Industries (Rs 201.65): Buy
We recommend a buy in Praj Industries from a short-term perspective. It is apparent from the charts that the stock has been on a medium-term uptrend from its March 2008 low of Rs 100, which is a significant support level. However, the stock ...

Day Trading Guide


Bank of India net surges 78% on core operations, NPA management
Mumbai, July 28 While several public sector banks reported flat growth in profit and some even losses, Mumbai-based Bank of India’s net profit surged by 78 per cent to Rs 562 crore in the quarter ended June 30, 2008, against Rs 315 crore ...

Global inflationary pressures likely to remain, says RBI
Despite prospects for lower consumption growth in advanced economies. Mumbai, July 28 High global energy and food prices continue to fuel inflationary pressures, even though crude price has cooled off a bit and local inflation fell marginally ...

Mall development slows in second quarter
ON SOFT GROUND. New Delhi, July 28 The second quarter of the year has not been as good as expected for development of malls in the country’s major cities. The quarter saw new mall supply of about two million sq ft, less than the ...

Global, Indian sugar prices set to surge
Asia production likely to be lower than last year. Mumbai, July 28 After a tepid performance last two years, the global sugar market is showing promising signs of a bounce back in prices, thanks to developments in key producing and consuming ...

Centre plans capping cotton exports
80 lakh bales ceiling likely. New Delhi, July 28 After having made registration compulsory for all cotton shipments, the Union Government is now considering quantitative restrictions on its ...

I-T mop-up of Delhi region surges 83% in April-July
New Delhi, July 28 Higher tax deduction at source (TDS) collections coupled with the absence of abnormally high refunds has helped Delhi region record a healthy 83.27 per cent increase in net direct tax collections during April 1-July 24 this ...

Market stabilisation scheme not needed now?
Bankers see case for discontinuing it as FII flows slow. Bangalore, July 28 Faced with a tight liquidity situation banks, both public and private, have begun pushing for discontinuing the market stabilisation scheme ...

Serial blasts: Don’t blame the government alone
The horrendous serial bomb blasts in Ahmedabad and Bangalore, which killed 46 in Gujarat’s commercial capital and two in the IT capital of India, and triggered a wave of panic across the country, deserve condemnation in the strongest ...

Balance of payments: Do we need to worry?
It has been some time now since the Government has stopped bothering too much about the balance of payments. Indeed, the continuous and even excessive build-up of foreign exchange reserves (which now stand at more than $310 billion, making ...

Inflation heat has not dampened FMCG offtake
Companies report steady Q1 earnings. The initial ripples of inflationary pressures did not seem to dampen consumer spending on daily-use products such as soaps, detergents and biscuits. ...

DoT plans separate 3G policy for CDMA players
At least 5 GSM players in each circle proposed. New Delhi, July 28 The Department of Telecom is planning to formulate a separate policy for third generation services by CDMA operators. ...

Slowdown pushes broking firms to cut costs
Expansion and recruitment plans on slow path. Mumbai, July 28 With the Sensex dipping almost 40 per cent from its peak at the beginning of the year and volumes traded on the BSE dropping almost 20 per cent in the last six months, it is no ...

Most ULIPs under-perform Nifty
Chennai, July 28 Equity mutual funds have not managed to contain the declines in their NAV well during the recent market fall, with majority of them trailing the broad market. But did equity-oriented unit-linked insurance plans (ULIPs) from ...

Monsoon enters vigorous phase in peninsula
Thiruvananthapuram, July 28 The ‘low’ in the Bay of Bengal became ‘well marked’ on Monday, implying a round of intensification, and revved up monsoon to vigorous or active conditions over the peninsula during the last ...


Advt Links: Used Cars bed and breakfast bruges Tanning Beds Geschlossene Schiffsbeteiligungen Fonds black is beautiful Summit Pacific Vacation Rentals Buy Properties Druckerpatrone Tintenpatrone Andrea Bocelli Web conferencing services since 1997 Business USA Hotel Bruges Mesothelioma Cancer Treatment Sourcing China products Made in China Business Health Insurance About:Blank Send money to India



Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
Markets (July 28)
Nifty 4337.85(+26.00)
Gold (per gram)Rs 1,186
Brent crude (per bbl)Rs 5,225
US Dollar (Buy/Sell)42.54/55

BL Career 2008

Hiring

Digital Sportstar


Radar: Resources elsewhere
Food: Who pays the price (Video)

ADB World Outlook 2008

ADB's Outlook on India

Union Budget 2008-09

Railway Budget 2008-2009

Economic Survey 2007-2008

In Focus
Remembering Ramachander

Ranbaxy-Daiichi deal

People's car

Other Top Stories
Print advertising of cellular phone services down by 25%


CDMA players want one time spectrum levy on GSM peers

US generics biz helps Glenmark post two-fold rise in consolidated net

RBI likely to be on hold

Electrotherm to compete with high-powered petrol scooters

HDFC Bank net rises to Rs 464 cr

Looking back
Jul. 20-Jul. 26
Oilseeds output may be lower by 20 lakh tonnes, says expert




eWorld



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2008, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line