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Tough session: The Prime ...
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TODAY'S PICK (Latest Audio: English/Tamil)
ING Vysya Bank (Rs 154.90): Buy
We recommend a buy in ING Vysya Bank from a short-term horizon. It is apparent from the charts that its medium-term downtrend, which commenced from September high of Rs 275, found support at Rs 113 that was almost the stock’s 52-week ...
Day Trading Guide
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TRAI wants administrative charges to be levied on 3G operators
Additional fee may impact auction bid amount, say operators. New Delhi, Dec. 10 The Telecom Regulatory Authority of India has proposed that an annual administrative charge should be collected from operators who win 3G spectrum. The regulator ...
ONGC Videsh may look at domestic market to part-fund Imperial acquisition
New Delhi, Dec. 10 The lean global credit scenario may compel ONGC Videsh Ltd (OVL), the overseas investment arm of ONGC, to look at the domestic market to partly fund its £1.4-billion (about $ 2.07 billion) acquisition of ...
Nortel vendors in ‘wait and watch’ mode
Telecom major may seek bankruptcy if rejig efforts fail. Bangalore, Dec.10 Nortel Networks’ move to seek legal advice to find ways of bankruptcy protection has put key Indian IT vendors such as Wipro, Sasken Communication Technologies and ...
Washington riveted on Mumbai aftermath
As temperatures drop below zero in Washington DC, two domestic subjects dominate the discourse in the American capital — the economic meltdown and the transition to the Obama Administration. Externally, however, the predominant focus ...
Firms leverage cross-training to beat slowdown
New Delhi/Bangalore, Dec. 10 The ‘Jacks of all trades’, and not the ‘masters of one’ seem to be scoring in the IT industry during this crisis time. With the global financial crisis dampening IT budgets and leading ...
Domestic auto sales plunge deeper in Nov, exports rise
Exports were the only silver lining in the automobile sales figures for November released on Wednesday by the Society of Indian Automobile Manufacturers. Domestic sales continued to shrink . The export growth was mainly steered by Hyundai ...
Chakan too gets caught in clutch of auto gloom
New proposals on hold; land prices plummet on low demand. Pune, Dec. 10 In addition to auto units, the country’s emerging auto hub, Chakan, too is bearing the brunt of the slowdown in the sector, as many would-be manufacturers appear to ...
Mumbai terror strike costs insurers Rs 1,400 cr
Estimates of third-party liabilities being worked out. Bangalore, Dec. 10 Terrorist strikes on Mumbai’s Taj and Oberoi-Trident hotels have dented insurance companies’ balance sheets by Rs 1,400 ...
Affordable homes: Will builders match Govt’s moves?
Mumbai, Dec. 10 Top bankers from State-owned banks will be going into a huddle on Thursday in New Delhi to discuss the nitty-gritty of the “home loan package” which the Government wants them to ...
No change in India investment plans: Toyota
Company reviewing investments in global projects. Chennai, Dec. 10 Toyota Motor Corporation is reviewing all its proposed capex investments — except its plans for a second plant in ...
Hebei Spirit oil spill case: Korean court sentences two Indians
Indian seafarers’ body calls meet today. Mumbai, Dec. 10 As a captain of several merchant ships transporting an assortment of cargoes to far-flung destinations across the globe, he had weathered many a storm. But, the storm that Capt. ...
Small shareholders flock to large steel companies in Sept quarter
Tata Steel – the most favoured. Small investors have been shifting in large numbers to steel stocks while the BSE Sensex has been ...
Monsoon may be active until weekend
Thiruvananthapuram, Dec. 10 The persisting low-pressure area over southeast Arabian Sea and adjoining Comorin helped extend the active monsoon regime from coastal Tamil Nadu to adjoining Kerala and ...
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