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TRAI pitches for domestic phone calls via Net
‘Allow ISPs without additional entry fee, licence charges’. New Delhi, Aug. 18 Soon you will be able to make telephone calls anywhere in the country using an Internet connection. The Telecom Regulatory Authority of India on Monday ...

To be far cheaper than STD rates
New Delhi, Aug. 18 Compared to the current STD rates, Net telephony is expected to be much cheaper because the cost of offering the service for the operator is lower. “While traditional STD operators have to pay for carrying a call from ...



Global ambitions: Mr Anan...
TODAY'S PICK (Latest Audio: English/Tamil)
SCI (Rs 222.90): Sell
We recommend a sell in Shipping Corporation of India (SCI) from a short-term perspective. It is evident from the charts of the Shipping Corporation of India that it has been on a medium-term downtrend from its May high of Rs 300. The stock ...

Day Trading Guide


Mahindra buys 51% in Chinese tractor co
Mumbai, Aug. 18 Tractor and utility vehicle maker Mahindra & Mahindra has agreed to pick up majority equity in a joint venture it will form with China’s third largest tractor company, Yancheng Tractor. ...

Rupee loses 60 paise
Heavy dollar-buying by oil companies amid thin volumes. Mumbai, Aug. 18 The rupee lost nearly 60 paise against the greenback on Monday following heavy dollar-buying by oil companies and other corporates. Though volumes were low, spot prices ...

Brokers bet higher on F&O trade
Mumbai, Aug. 18 IN a falling market, broking firms appear to be taking a higher exposure in the Futures and Options (F&O) Segment as proprietary traders. ...

User fee on domestic air travellers at Hyderabad
New Delhi, Aug. 18 The Ministry of Civil Aviation has allowed the promoters of the new Hyderabad airport to levy a User Development fee of Rs 375 on every departing domestic passenger. The airport handles between 15,500 and 17,500 domestic ...

M&A in H1 2008: Times they are a-changin’
Indian M&A (mergers and acquisitions) has seen two distinct changes since January 2008. First, following the precedent of the Ranbaxy deal, it is now possible to contemplate Indian promoters giving up their flagship businesses, and second, ...

Market capitalisation of big 3 IT firms scales up
They outpace EDS, close on Accenture. Hyderabad, Aug. 18 The market capitalisation of Indian technology majors TCS, Infosys and Wipro is significantly higher than that of EDS and almost on par with Accenture even though the latter are much ...

Radico Khaitan thirsty to enter beer market
But says foray will happen only with foreign tie-up. Bangalore, Aug 18 India’s second largest liquor maker Radico Khaitan now wants to enter the beer market but would do so only if it gets to tie-up with a foreign beer ...

Indian mangoes now find their way to Australia
CLEARING HURDLES. Chennai, Aug. 18 After the US and Japan, Australia is now set to import mangoes from India. ...


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Markets (Aug 18)
Nifty (at close)4393.05(-37.65)
US Dollar (Buy/Sell)43.23/24
Brent crude (a bbl) Rs4,741
Gold (a gram) Rs1,073
Silver (a kg) Rs20,025


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