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‘Insiders’ take advantage of low stock prices
Management, promoter groups step in to buy in select companies. BL Research Bureau If the frantic selling by foreign institutional investors in October has left you worried about how much lower valuations will go, here is a quantum of solace, ...
Simbhaoli, Modi Sugar start cane crushing
Break ranks with other cos as deadlock over cane pricing continues. New Delhi, Nov. 9 Even as the deadlock with the State Government over cane pricing continues, a couple of sugar mills in Uttar Pradesh have started crushing operations for the ...
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Fifty-Fifty: Despite stoc...
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TODAY'S PICK (Latest Audio: English/Tamil)
Oriental Bank (Rs 148.50): Buy
We recommend a buy in Oriental Bank of Commerce from a short-term horizon. It is clearly apparent from the charts of Oriental Bank of Commerce that following an intermediate downtrend from January peak of Rs 321, it found support at the early ...
Day Trading Guide
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Oil Ministry reworking ‘drilling holiday’ proposal
Finance Ministry wants penalties, rewards. Oil and gas companies such as Reliance Industries Ltd (RIL) and ONGC, which have been seeking moratorium to meet their drilling commitments arising due to global rig shortage, will have to wait ...
Micro finance institutions ride on mobile boom
REACHING RURAL INDIA. In an effort to increase the reach of micro-financing into rural India, microfinance institutions (MFIs) are now using mobile phone technologies to make it more convenient and secure for the users. The latest to enter this ...
Range-bound movement likely in short term
Telecom, PSU banks, select FMCG counters among top picks. The Dalal Street indices quarter-on-quarter have shed much more value than warranted by the drop in the reported corporate ...
More companies join photovoltaic bandwagon
New Delhi, Nov. 9 Tough economic conditions notwithstanding, the photovoltaic (PV) juggernaut continues to ...
Staying calm during the storm
The current ongoing financial turmoil in the US and Europe has, no doubt, had its repercussions in Asia. What is surprising is the relative calm which Asia has displayed in responding to the financial crisis. It does not mean any silent ...
Satyam issues pink slips to 200 employees
‘It’s routine performance improvement procedure, not cost cutting’. Hyderabad, Nov. 9 Satyam Computer Services, the fourth largest IT solutions and service provider, has reportedly given pink slips to 200 employees in various ...
Subdued economic growth may hurt demand prospects
Gold likely to stay in surplus as jewellery demand has suffered in H1. Chennai, Nov 9 With consensus among economists veering around to global recession, demand side concerns have further come to the fore. World economic growth on an average is ...
‘A pan-IIM board can fill the shoes of Govt’
Amid calls for autonomy, a review panel headed by R.C. Bhargava has suggested a pan-IIM board to serve as a via media between Govt and individual IIM boards. R.C. Bhargava, Chairman of Maruti Suzuki India Ltd, headed the official Review ...
CAT on Nov 16; IIMs set to be richer by Rs 23 crore
Ahmedabad, Nov. 9 Despite an unfolding global economic crisis, uncertainties about the pay-packets to be offered in the next placement season and the RC Bhargava Committee recommending a regulator to curtail their ‘autonomy’, ...
Bay ‘low’ to anchor monsoon revival this week
Thiruvananthapuram, Nov. 9 All leading models are now indicating a revival of northeast monsoon around a building low-pressure area in the south-central Bay of Bengal ...
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