The Hindu Business Line : Sunday, September 28, 2008

Inflation data based on monthly WPI series from new year
To cover 1,224 commodities with 2004-05 as base; test run under way. New Delhi, Sept. 27 The Centre plans to release inflation figures based on a revised wholesale price index (WPI) series, with 2004-05 as the base year, from the start of the ...

Govt halts work at Dow Chem site in Pune
Pune, Sept. 27 The Maharashtra Government has issued orders to stop construction work for a month on research and development centre being set up by Dow Chemicals International Pvt Ltd ...

Terror strikes again Don’t dismiss as a lost cause
Not so long ago, FII interest in a stock was seen as a reason to add it to your portfolio. Now, with marquee names in the investment banking business — Merrill Lynch, Lehman Brothers, Morgan Stanley and Goldman Sachs — engulfed by ...

Yet another bomb blast in the Capital
1 killed, 18 injured at Mehrauli flower market. New Delhi, Sept. 27 After a gap of a fortnight, the national Capital was again the target of terror. A bomb blast in a flower market in South Delhi on Saturday afternoon claimed the life of a young ...

New WPI index to be less ‘aam aadmi’ centred
New Delhi, Sept. 27 The inflation numbers derived from the proposed new wholesale price index (WPI) series may turn out to be less reflective of the price increases (or decreases) experienced by the aam ...

Index Outlook
As analysts across the globe debate over whether the beginning is ending or the end is beginning, there is definitely a consensus on the fact that this is not the end of the credit and financial market muddle. The unending tales of debacles ...

OnMobile Global: Buy
Investors with a one-two year perspective can buy the shares of OnMobile Global, considering its strong focus in the domestic mobile value added services (VAS) market. An expanding product offering, increasing global footprint through ...

Simplex Infrastructures: Buy
Simplex Infrastructures is among the few pure contracting companies in the infrastructure space that has managed to move up the value chain in terms of higher profitability while at the same time preserving the status of being contractors ...

Tanla Solutions: Buy
The crisis in the global financial markets has taken a toll on several of the key banking, financial services and insurance clients of Indian IT majors. The top-tier companies may yet pull through, thanks to the breadth and depth of their ...

Birla Sunlife Frontline Equity: Invest
Investors can buy units of Birla Sunlife Frontline Equity Fund (BSL Frontline) considering its long-term track record in delivering returns and its strong blue-chip stocks orientation. BSL Frontline has, over one-, three- and five-year ...

Franklin India Flexi Cap: Hold
Investors can retain their holdings in Franklin India Flexi Cap. Over a three-year period the fund has generated a compounded return of over 13 per cent, narrowly beating CNX 500, its benchmark by two percentage ...

‘India to depend on edible oil imports for 3-4 yrs’
Agri products’ support price hiked to encourage crop cultivation. Mumbai, Sept. 27 India will be dependent on imports of edible oil for the next three to four years and will contend with price volatility in the international markets, said ...

Axon bid war may intensify if Infosys offers more
Industry observers divided on Infosys’ likely next move. Bangalore/Delhi, Sept. 27 A higher offer by Infosys Technologies for Axon Group Plc could intensify the bid war among the Indian vendors for the European SAP ...

Weekly News Round-up
Washington Mutual, the 119-year old US banking institution, on Friday, filed for bankruptcy protection under Chapter 11 after selling its banking operations to JPMorgan Chase. Washington Mutual, which has assets of over 300 billion dollars, is ...

Tata expresses willingness to talk on Singur
Kolkata, Sept. 27 Amid uncertainty over the Tata Motors small car project at Singur, the West Bengal Chief Minister, Mr Buddhadeb Bhattacharjee, on Saturday said Mr Ratan Tata has replied to his letter, expressing a willingness to talk to ...