The Hindu Business Line : Friday, September 12, 2008

Electronic trading of rights entitlements proposed
For shareholders holding active demat account. Mumbai, Sept. 11 After amending its guidelines to reduce the time line for rights issues, capital markets regulator SEBI has now proposed electronic trading of rights entitlements (RE) through ...

Slipping oil prices, easing inflation: IT industry to see better days ahead
Bangalore, Sept. 11 The sharp decline in oil prices and the easing inflationary pressures have raised hopes of the Indian IT industry to look for better prospects in the second-half of the current ...

Wildlife Watch: Author Sh... TODAY'S PICK (Latest Audio: English/Tamil)
Dr Reddys Laboratories (Rs 560.30): Sell
We recommend a sell in Dr Reddys Laboratories from a short-term perspective. It is clearly evident from the charts of Dr Reddys Laboratories that it has been on an intermediate-term downtrend from its June high of Rs 739 (a significant ...

Day Trading Guide

Steep hike in support price for kharif crops
High raw material costs may be passed on to consumers. Mumbai, Sept 11 The Government has announced the minimum support prices (MSP) for various crops of kharif 2008 season, a recent event that went largely ...

Inflation rate falls to 12.1% as some food items turn cheaper
Wholesale Price Index for all commodities at 240.8 points. New Delhi, Sept. 11 The annual Wholesale Price Index-based inflation rose 12.10 per cent during the week ended August 30, below the previous week’s annual rise of 12.34 per cent, ...

Reliance Industries dips below Rs 2,000 level
Possible levy of export tax, export ban affect sentiment. Mumbai, Sept. 11 Shares of Reliance Industries slid more than four per cent on Thursday breaching Rs 2,000 level as crude continued to fall, leading to bearish sentiments on Dalal ...

Passenger car sales skid in Aug, two-wheelers race ahead
New Delhi, Sept. 11 The domestic passenger car market shifted gears to a declining sales route in August from the sluggish growth path in the previous months. Car sales recorded a 4 per cent dip for first time in the current fiscal. Apart from ...

Deficit stays at 3% as excess rain zone shifts south
Thiruvananthapuram, Sept 11 All-India rain deficit remained unchanged at three per cent on Wednesday from the position five days ago but the excess precipitation zone has lately shifted to the southern peninsula. ...

Insurance industry, major investor in equity markets
New business premium up 23% in FY 2008. Mumbai, Sept. 11 The life insurance industry was the largest investor in the Indian equity markets, ahead of foreign institutional investors and mutual funds, according to figures released by the Life ...

Turbulence ahead for Asian banks, says S&P
Chennai, Sept. 11 Asian banking systems will face some turbulence but not much more, said a report by international rating agency Standard & Poor’s. ...

Brent crude below $100 as weakness sets in
Mumbai, Sept. 11 On Thursday, for the first time in several months – March 24 this year to be precise – the front-month Brent crude breached the psychological $100 a barrel mark to close at $98.97 a barrel. At the time of writing, ...

‘Trinamool demand for 300 acres rejected’
Kolkata, Sept. 11 The West Bengal Government has reportedly not accepted the Trinamool Congress’ demand for return of 300 acres located within the Tata Motors small car plant site in Singur to “unwilling ...