The Hindu Business Line : Saturday, November 29, 2008

Trident Oberoi secured
Sporadic explosions, gunfire at Taj hotel. Mumbai, Nov. 28 The terror siege at three different locations in Mumbai seemed never ending as the Taj hotel and Nariman House continued to be riven by explosions and gunfire right ...

Market volatile; sentiment hit
Mumbai, Nov. 28 The stock indices ended flat on Friday as the market sentiment was hit by terrorist attacks in the country’s financial ...

The ordeal ends: F... Check out from hotel, airline stocks
Indian Hotels plummets 17%; EIH, EIH Associated end positive. Chennai, Nov. 28 Hospitality and airline stocks witnessed immediate slide following the terrorist attacks in Mumbai’s prestigious ...

YES Bank’s Ashok Kapur killed in terror attack
Mumbai, Nov. 28 Mr Ashok Kapur, Non-Executive Chairman of YES Bank, fell to the bullets of terrorists who had laid siege to Hotel Oberoi in south Mumbai for over 40 hours beginning Wednesday ...

Will safety concerns weigh on auto investments?
Mumbai, Nov. 28 French automaker Renault’s decision to keep its corporate offices in Mumbai temporarily closed following the terror attacks clearly showed that it was taking no chances with employee safety. The company also issued ...

Tax revenues decline in Oct
First dip since May 2003. New Delhi, Nov. 28 After a consistent increase in a row for the last 63 months, the Centre’s gross tax revenues declined for the first time in October 2008 over October ...

Empty trains, easy traffic flow tell the tale of fear
Mumbai, Nov. 28 Fear stalked the city and Mumbaikars, usually resilient in times of crisis, appeared quite on the ...

GDP grows at 7.6% in July-Sept
New Delhi, Nov. 28 The Indian economy grew by only 7.6 per cent during July-September, down from the 9.3 per cent for the corresponding quarter of ...

More than 20 firms line up for BSNL’s WiMax project
Intel, Motorola, Huawei in fray. New Delhi, Nov. 28 At least 20 companies have lined up to become a franchisee for rolling out WiMax based broadband services by Bharat Sanchar Nigam ...

Platinum prices may decline to $700/oz
Market forecast to be in deficit by 2,40,000 oz. Chennai, Nov. 28 If the current crisis in the commodity market continues, platinum prices could drop to as low as $700 an ounce in the coming months as investors would prefer to cash to other ...

Insurance cos bracing for large claims
Fallout of terror strikes on Taj and Trident-Oberoi hotels. Bangalore, Nov. 28 Insurance companies are bracing themselves for large claims from Tata-owned Indian Hotels Ltd and the Oberoi- owned East India Hotels Ltd following the terror ...

Markets this week(Latest Audio:English)
The Bombay Stock Exchange Sensitive Index on Monday slid to 8,903.12. The Nifty Index was up 14.80 points, to close ...

Cyclone Nisha’s remnant proves a soaker
Thiruvananthapuram, Nov. 28 A remnant of Tropical Cyclone Nisha spun across the peninsula overnight and glided into the southeast Arabian Sea where it was traced as a feeble low-pressure area off the Kerala and south Karnataka coasts on ...

Currency futures gain strength on volatile rupee
Mumbai, Nov. 28 The race between the National Stock Exchange and MCX Stock Exchange (MCX SX) to achieve leadership position in currency futures has turned hot in the last few weeks, with the rupee turning volatile as the ...