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More talktime on pre-paid top-ups from Sept 15
TRAI initiates a slew of customer-friendly measures. New Delhi, Sept. 1 Starting September 15, pre-paid mobile subscribers in the country will not have to pay any processing fee for the recharge vouchers they buy; they will get talk time worth ...

Subbarao to head RBI
Appointed Governor for three years. New Delhi, Sept. 1 The Finance Secretary, Dr Duvvuri Subbarao, will be the next Reserve Bank of India Governor, replacing Dr Y.V. Reddy, who demits office on September 5, the Union Finance Minister, Mr P ...



Iron ore export duty m...
TODAY'S PICK (Latest Audio: English)
Mundra Port and SEZ: Buy
We recommend a ‘buy’ in Mundra Port and Special Economic Zone (SEZ) from a short-term perspective. It is apparent from the charts that the company has been on a medium-term uptrend from early July low of Rs 388, that was also a ...

Day Trading Guide


Tatas asked to pay $19 m to RCom
Court awards damages for denial of access to landing station in Mumbai. Mumbai, Sept. 1 Tata Communications has been directed to pay $19.29 million (Rs 84.87 crore) plus interest from May 2006 as damages to Reliance Communications, in the ...

Penalty fails to curb power overdrawal
SEBs find liquid fuel power costlier; capacities lie idle despite shortages. New Delhi, Sept 1 Amid a surge in short-term power costs triggered by acute shortages, State Electricity Boards (SEBs) are increasingly opting to overdraw from the ...

Attrition rate in BPOs highest in the country at 23.5%: Report
New Delhi, Sept. 1 The attrition in the Business Process Outsourcing (BPO) industry is roughly 7.8 percentage points higher than other sectors, a report by global management consulting firm Hay Group said on ...

Exports stay bullish with 31% growth in July
Imports grow 48%; trade deficit at record $41 b in April-July. Buoyed by the depreciation of the rupee vis-À-vis the US dollar, India’s exports continue to be bullish with the latest monthly exports of July logging a 31.2 per cent ...

Singur: Mamata says open to talks, but agitation will continue
Kolkata, Sept. 1 The West Bengal Chief Minister, Mr Buddhadeb Bhattacharjee, has welcomed the State Governor, Mr Gopal Krishna Gandhi’s initiative to resolve the imbroglio over land acquisition in Singur for the Tata small car project. ...

IT vendors feel the heat as US election nears
See dip in new customer wins; Nasscom forecasts 4% lower exports. Bangalore, Sept. 1 Indian IT vendors may see a decline in new client additions in the US, their largest market, ahead of the presidential elections, as potential customers ...

Auto parts cos pin hopes on product development, future launches
Not perturbed by current slowdown as order books are full. New Delhi, Sept. 1 Auto component makers are not too worried about the current slowdown as their order books are overflowing with new cars being launched. ...


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Markets (Sep 01)
Nifty (at close)4348.65(-11.35)
US Dollar (Buy/Sell)44.18/19
Brent crude (a bbl) Rs4,904
Gold (a gram) Rs1,112
Silver (a kg) Rs20,595


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