The Hindu Business Line : Wednesday, October 22, 2008

More measures likely to stimulate economy
Lok Sabha approves supplementary demand for grants. New Delhi, Oct. 21 Amid concerns of a slowdown in the global economy in the wake of the worst financial turmoil, the Union Finance Minister, Mr P. Chidambaram, on Tuesday told the Lok Sabha ...

Meet today to resolve jet fuel dues issue
To amicably resolve the contentious issue of unpaid jet fuel bills of the public sector oil retailing companies by domestic airlines, the Ministers of Petroleum and Civil Aviation have called for a meeting of the industry and officials here ...

Profit doubles: Mr... TODAY'S PICK (Latest Audio: English/Tamil)
Tata Chemicals (Rs 176.95): Buy
We recommend a buy in Tata Chemicals from a short-term horizon. It evident from the charts of Tata Chemicals that it was on an intermediate-term downtrend from its 52-week high of Rs 440 (recorded on May 29), forming lower bottoms and lower ...

Day Trading Guide

RNRL agrees to Govt becoming a party in RIL gas case
Mumbai, Oct. 21 The division bench of the Bombay High Court on Tuesday allowed Government of India to be a party to the ongoing dispute between RIL and RNRL over sharing of natural gas from KG ...

Value addition boosts SAIL profit 18% in second quarter
New Delhi, Oct 21 Steel Authority of India Ltd (SAIL) announced an 18 per cent increase in its profit after tax (PAT) for the second quarter of the current fiscal at Rs 2,009.6 crore, propelled by a 33 per cent increase in the production of ...

India working out uranium supply arrangements
On the radar are Kazakhstan, Uzbekistan; exploration initiatives in Mongolia. New Delhi, Oct. 21 India is planning to scout for uranium supplies from countries such as Kazakhstan and Uzbekistan to fuel existing domestic nuclear power plants, ...

India-Japan trade talks begin
Trade Ministers of India and Japan have urged negotiators to resolve the remaining issues coming in the way of the proposed Comprehensive Economic Partnership Agreement (CEPA) between the ...

Credit squeeze unlikely to hit spices export
10% growth in H1 shipments despite setback in Sept. Kochi, Oct 21 Exports of spices from the country are unlikely to be affected by the current financial turmoil world over, as these items are essential ...

Hero Honda Q2 net up 50% on rising volumes, cost cutting
Co to benefit from softening commodity prices. Hero Honda Motors Ltd, which has about 55 per cent share of the country’s motorcycles market, boosted its net profit by 50 per cent to Rs 306 crore for the second quarter ended September ...

Monsoon vigour over Bay; Arabian Sea hosts cyclone
Thiruvananthapuram, Oct. 21 Southwest Arabian Sea is now hosting a ‘numbered’ cyclone 03B (away from India’s coast, not strong enough to be ‘named’) even as the north east monsoon gathered further steam over ...

Lending list two out, NTPC tops
SEBI scanning FII data to check short selling. Mumbai, Oct. 21 The Securities Exchange Board of India on Tuesday released the second set of data on securities lent overseas by FIIs between October 15 and ...

Tech Mahindra net rises 67%
Bangalore, Oct. 21 Flattish growth from its largest client British Telecom and currency volatility impacted Tech Mahindra’s topline growth in dollar terms, while the company reported a 67 per cent growth in net profit and 30 per cent ...