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Open market sale to make available 50 lakh t of wheat
Release of rice depends on kharif crop size; intervention aims to hold price line. New Delhi, Aug. 21 The Union Government, on Thursday, approved a new open market sale scheme (OMSS) for wheat and rice in order to keep grain prices in check ...

Gas supply row: Possibility of Ambani brothers meeting emerges
Mumbai Aug. 21 The Bombay High Court hearing on Thursday on the gas supply dispute between the Anil-Ambani controlled Reliance Natural Resources Ltd and Mukesh Ambani’s Reliance Industries Ltd led to discussions on the possibility of the ...



Trial runs at Delhi ai...
TODAY'S PICK (Latest Audio: English/Tamil)
Ambuja Cements (Rs 79.15): Sell
We recommend a sell in Ambuja Cements from a short-term perspective. It is evident from the charts of Ambuja Cements that following a corrective up move from its 52-week low of Rs 68, recorded in early July, the stock encountered twin ...

Day Trading Guide


When waste paper collection is good business plan
ITC UNIT’S INITIATIVE. Chennai, Aug. 21 ITC’s Paperboards and Specialty Papers division is expanding its waste paper collection programme in South India. It has launched the programme in Chennai through a tie-up with leading IT ...

Wait gets longer for IT hires as slowdown bites
Mumbai, Aug. 21 Passing out of college with a letter of offer from a well known IT company in these uncertain times could entail a wait of up to one year to join the rolls, as 21-year-old BSc graduate Poornima (name changed) from SIES College ...

Cabinet gives nod for IPTV guidelines
Telecom players stand to benefit. New Delhi, Aug. 21 Paving the way for consumers to access television content over broadband, the Cabinet today approved the guidelines for allowing broadcasters to share their content with Internet Protocol ...

Costlier food drives up inflation rate to 12.63%
Wholesale Price Index of all commodities at 240.7. New Delhi, Aug. 21 The annual Wholesale Price Index-based inflation rose 12.63 per cent during the week ended August 9, above the previous week’s year-on-year rise of 12.44 per cent, ...

PSU banks keen to step up SME sector lending
See opportunity to gain higher yield, benefit from ancillary biz. Mumbai/Kolkata Aug. 21 Faced with falling margins due to rising interest rates, banks are focusing on the small and medium enterprises sector. Although lending to SMEs is ...

Rain surplus stays despite setbacks in South
Deficit worsens in Kerala, interior Karnataka. Thiruvananthapuram, Aug 21 The monsoon has managed to maintain a surplus unchanged from the last week (ending August 13) despite suffering a slight reversal in the interregnum. ...

DoT rejects TRAI’s call for 3G policy review
Spurns regulator’s offer to spell out terms for foreign players. New Delhi, Aug. 21 In a move that would keep the roll out of third generation services on track, the Department of Telecom has rejected telecom regulator’s call to ...

Textile industry seeks continuation of interest sops
To take on competitors Pakistan, China and Bangladesh. New Delhi, Aug. 21 The reported missive of the Union Commerce and Industry Minister, Mr Kamal Nath, to the Prime Minister, Dr Manmohan Singh, for continuation of the 4 per cent interest ...


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Markets (Aug 21)
Nifty (at close)4283.85(-131.90)
US Dollar (Buy/Sell)43.73/74
Brent crude (a bbl) Rs5,000
Gold (a gram) Rs1,101
Silver (a kg) Rs20,715


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