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Steel offtake rises 30-40% on higher demand
Sales driven by combination of new demand, import replacement. New Delhi, Jan. 3 Through the grey of Delhi’s foggy skies a little ray of hope appears to be shining on one of Asia’s largest steel markets – the Loha Mandi in ...
The likely beneficiaries of the second stimulus package
Package focuses on select sectors. Chennai, Jan. 3 If the Cenvat concession and interest rate cuts of the first stimulus aimed at trimming costs for India Inc as a whole, the second one singles out select sectors for its ...
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Business buzzing: ...
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‘US key to emerging market recovery”
Risky assets will outperform, the US markets may be the first to recover and investors will rebalance in favour of stocks. Those are the key forecasts that Mr Bob ...
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Tariff advisory body plans to network with crime, traffic database
Will help non-life insurance cos verify status of vehicles. Mumbai, Jan. 3 Inter-state gangs which thrive on stolen vehicles may find the going tough if the Tariff Advisory Committee’s plan to establish seamless connectivity with the ...
CDMA-based 3G services limited to existing players
DoT asks RCom, Tata Tele, Shyam to suggest allocation method. New Delhi, Jan. 3 The Department of Telecom has indicated that only Reliance Communications, Tata Teleservices and Shyam Sistema may be allowed to seek spectrum for offering CDMA ...
Aditya Birla Group cement despatches up 13.4% in Dec
Mumbai, Jan. 3 The Aditya Birla Group said on Friday that its cement despatches in December rose 13.4 per cent from a year ago period to 2.98 million tonnes. Production for the month rose 14.9 per cent to 2.93 ...
Index Outlook
Holiday cheer spilled over in to equity markets in the first two trading days of 2009. Stocks across the globe soared higher giving a very cheerful welcome to the New Year. The largesse doled out by the monetary and fiscal stimulus ...
IVRCL Infrastructures & Projects: Buy
IVRCL’s sustained growth in order book, strong financial performance despite some pressure from higher cost of borrowings and leadership in the irrigation space shore up its growth prospects. Investors can consider accumulating the stock ...
Punjab National Bank: Buy
Investors can consider fresh investments in the stock of Punjab National Bank ...
Everest Kanto Cylinders: Buy
Investments with a two-three-year perspective can be considered in the stock of Everest Kanto Cylinders, a leading manufacturer of high-pressure CNG (compressed natural gas) and industrial cylinders. Our optimism stems from the relatively ...
Rolta India: Buy
Investors with a two-year horizon can buy the shares of Rolta India, a niche software provider offering geo-spatial information and engineering design ...
What’s on the saving menu for 2009?
“I began my career two years ago but started saving for a rainy day only recently, thinking I still had plenty of time. But to my horror, I got a mail from HR saying my increments and promotion may be put on hold. Thank god I got into ...
‘Stimulus may not revive commercial vehicle sales’
Only large fleet operators to benefit from ‘depreciation’ move: NBFCs. Chennai, Jan. 3 Non-banking finance companies (NBFCs), which finance the purchase of half the commercial vehicle sales in the country, say the ‘50 per cent ...
Hotels, hospitals given more freedom to use ECBs
New leeway under economic stimulus package. New Delhi, Jan. 3 Companies in the hotels, hospitals and software sectors can now raise external commercial borrowings (ECBs) under the automatic route and use the proceeds for both foreign currency ...
FT India Life Stage Funds – 20s Plan — Promise of potential
Looking for a lower-risk alternative to a pure equity fund? The 20s plan of Franklin Templeton’s Life Stage Fund of Funds may fit the bill. The FT Life Stage 20s Plan is among the better performing equity oriented funds of 2008 — ...
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