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Textile cos top distressed list for corporate debt recast
Panel witnessing increased inflow of cases from India Inc. Mumbai, Dec. 14 The intensive care unit for the distressed constituents of India Inc – the Corporate Debt Restructuring (CDR) Cell – is witnessing an increased inflow of ...

Fertiliser, power firms drive up naphtha usage as prices fall
New Delhi, Dec. 14 After being out in the cold, naphtha again seems to be back in the reckoning as a viable feedstock for players in the power and fertiliser ...



GOING GREEN: The Delhi Ch...
TODAY'S PICK (Latest Audio: English/Tamil)
Shree Renuka Sugars (Rs 62.05): Buy
We recommend a buy in Shree Renuka Sugars from a short-term perspective. It is apparent from the charts of Shree Renuka Sugars that after encountering resistance at around Rs 140 in early August, it experienced selling pressure and ...

Day Trading Guide


IT firms begin sharing internal green practices with clients
Too early to quantify revenues from the initiatives: Wipro. Bangalore, Dec. 14 If you thought IT services firms mouth clichés when they talk about being trusted partners, think ...

RBI sells $20.6 b in Oct
Rupee propped up against oil price spike, capital flight. Chennai, Dec. 14 The Reserve Bank of India sold $20.6 billion in October, according to the figures published in the December bulletin of the ...

US household borrowings shrink in July-Sept
Reduced spending may hurt Indian exports. New Delhi, Dec. 13 In what could have further adverse implications for Indian exporters, US households for the first time are not just cutting back on their borrowings, but are actually running ...

CAG may be roped in to audit RCom’s revenue reporting
DoT probing non-voice revenues under Internet category. New Delhi, Dec. 14 The Department of Telecom may rope in the Comptroller and Auditor General’s office to look into accounting issues related to alleged irregular revenue reporting by ...

Gold futures may consolidate
Gold futures, ended lower on Friday on profit-taking as all other markets fell after the US Senate rejected an automaker bailout package. The White House moved to calm nerves on Friday afternoon, saying it was considering tapping a $700 ...

Fiscal stimulus package: Welcome moves but room for more
The Government of India has taken action in terms of additional expenditure, tax cuts and coordinated steps by the RBI to relax credit conditions to important sectors. Announcing these decisions, Mr Montek Singh Ahluwalia, Deputy Chairman, ...

Cos broaden job roles to beat tough times
Bangalore, Dec. 14 In a global restructuring move at Cadbury in October this year, Mr Anand Kripalu, Managing Director of its Indian unit, became the president of the chocolate maker’s Asian operations. With this, the company eliminated ...

Optimism still lurks in market
Short-covering may help benchmarks gain further. The market, which is pricing in the earnings de-growth in view of unveiling slowdown, appears to give a benefit of doubt to corporates before the third quarter results ...

Takeaways from the Mumbai attacks
What are the key takeaways for the authorities and civilians from the way Mumbai handled the recent terror attack crisis? “We tend to think of terrorist incidents as mass bombings, etc. However, in reality, terrorist’s use ...

Tyre makers on rough terrain
Mumbai, Dec. 14 These are not the best of times for the tyre sector. The reduction in raw material price is of little cheer to manufacturers as they are up against a huge drop in demand, rupee depreciation and import of ...

Wet weather to break out over extreme north, south
Thiruvananthapuram, Dec 14 Weather-making atmospheric systems massing up around the extreme north and south are forecast to decide seasonally recurring regional weather events during this ...


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Markets (Dec 12)
Nifty (at close)2921.35(+1.20)
US Dollar (Buy/Sell)48.45/46
Brent crude (a bbl) Rs2,247
Gold (a gram) Rs1,189
Silver (a kg) Rs17,705


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