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`Proactive move': (From l...
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India Cements (Rs 87.05): Buy
We recommend a buy in India Cements from a short-term perspective. It is clearly visible from the charts of India Cements that it has been on a long-term downtrend from its December peak of Rs 333 (52-week high), forming lower troughs and ...
Day Trading Guide
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Lending rates to come down, says IBA chief
Chennai, Nov. 2 The “conducive factors”obtaining today in the banking industry are likely to cause an immediate fall in lending rates by 50 basis points (half per cent), says Mr T.S. Narayanasami, Chairman, Indian ...
Showpiece NTPC project delayed
Russian supplier goes for adjudication. New Delhi, Nov. 2 The slugfest between power major NTPC Ltd and Russian equipment supplier Technopromexport is set to push back the commissioning of the 1,980 MW Barh-I, touted as the country’s ...
Vitamin C continues to be in short supply
Formulation cos cut production as input supplies from China remain very high. Mumbai, Nov. 2 The Beijing Olympics is long over, but its indirect impact on Vitamin C supplies is still felt by way of shortages in the Indian ...
Palm oil import defaults: Indonesian suppliers to seek Indian Govt help
Angered by large-scale defaults committed by Indian importers including some well-known corporates and State agencies, a group of overseas suppliers of edible oil has decided to move the Indian Government for action against the ...
Gold: Signs of bullish turnaround
Gold futures ended sharply lower on Friday on expectations that the global economy may be heading into a period of deflation, curbing a demand for gold as an inflation hedge. Bullion is down 12 per cent this year, well below the record ...
Fiscal spurs may be in order
While the mayhem continues in the US’ financial sector, with its ripple effect on the economies of the world as a whole, statesmen of different countries are trying to formulate an agenda for reforms. In one of his impressive statements, ...
Risk-averse IT clients may find ‘familiar’ comforts in India
Short-term breathing space for Indian IT cos. Bangalore, Nov. 2 Contrary to expectations, the economic downturn could actually help the Indian IT industry in the short term. The industry is not only under pressure from a slowing business ...
Sharp rise in bank loan growth
Chennai, Nov. 2 GDP growth may be slowing down but strangely, bank loans have grown at an explosive pace during the last quarter. According to figures put out in the weekly statistical supplement of the Reserve Bank of India, banks have ...
Equities may remain positive, thanks to RBI
But long-term commitment from investors may not happen soon. Equity market is likely to respond positively this week to RBI’s moves on the weekend. The sentimental value of these moves may leave short-term impression on Dalal ...
Credit rating agencies – answerable to none?
Can there be any financial service provider, which is not at all accountable to anybody for ...
Iran approves ONGC Videsh gas commerciality report of Farsi block
Indian cos can now start developing the gas field. New Delhi, Nov. 2 The gas commerciality report of ONGC Videsh Ltd (OVL) and its consortium partners on the discovery made in Iran’s Farsi offshore block has got the nod of the National ...
Will the relief mechanism give airlines the thrust they need?
Call it the fallout of the incidents that took place in the domestic aviation industry last month or the generosity of the Government towards airline companies and their employees, a small relief package has finally been presented to the ...
Crew shortage — a distress signal for shipping
Reports have it that Gateway Terminals India Pvt Ltd (GTI), the APM Terminals-Concor joint venture that owns and operates a modern container terminal at Jawaharlal Nehru port, recently announced the launching of its Talent Development Centre ...
A leader who inspired
Within two years of India gaining Independence in 1947, the accounting profession witnessed the formation of the Institute of Chartered Accountants of India. P. Brahmayya, whose birth centenary was celebrated recently, was the President ...
‘Class of 2009’ think zhara hatke!
As the placements season looms, some thoughts on expectations in changed times. Do any of you remember the recent Virgin mobile commercial? Let me refresh your memory. A pretty young thing is talking to her parents and telling them that boys put ...
Timely tips to bell the CAT
The Common Admission Test (CAT) is scheduled to be held on November 16 for admissions into various MBA programmes of business schools in the country. The following is a compilation of the most common questions posed to CAT ...
Cold wave filters into south peninsula
Thiruvananthapuram, Nov 2 Cold wave conditions have filtered into parts of interior Karnataka signalling little or no presence of seasonally warm easterly to northeasterly flows across the peninsula. This also explains the persisting dry ...
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