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Wednesday, January 07, 2009
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Truck sales hit the bump, decline 73% in Dec
Excess capacity build-up and fall in cargo movement, says study. Mumbai, Jan. 6 In line with the sharp drop in cargo movement, truck sales plunged 73.5 per cent to 6,221 units in December 2008 against 24,222 units logged in the same month the ...

Commercial vehicle cos expect 6-month lag for sales to pick up
‘Second fiscal package would take time to translate into sales’. New Delhi, Jan. 6 Commercial vehicle companies and component suppliers expect it would take about six months before they can see any major revival in ...



Fuel shortage: Cus...
TODAY'S PICK (Latest Audio: English/Tamil)
BGR Energy Systems (Rs 182.35): Buy
It is clearly visible from the charts of the stock that after recording an all-time low of Rs 115 on December 2, it began to trend upward. This trend reversal was triggered by the stock’s prolonged positive divergence displayed in the ...

Day Trading Guide


Merger buzz keeps Satyam, Tech Mahindra scrips ticking
IL&FS Trust sells 3.64% Satyam shares. Mumbai, Jan. 6 The scrips of Tech Mahindra and Satyam Computer Services witnessed a lot of trading activity on the bourses on Tuesday following a news report that the Mahindra group company was ...

‘One country, one bank account’ may turn a reality
Mumbai, Jan. 6 If you are banking with several banks, keeping track of all the accounts can prove to be cumbersome. Life would be easy if a single account number gives you access to all ...

2008 mall supply falls far short of estimates
SLOWDOWN BLUES. New Delhi, Jan. 6 Nearly 11 million sq ft of expected mall supply slated for 2008 was deferred, as developers reeled under acute cash crunch and retailers went cautious on their expansion ...

AIMTC strike: No significant impact on day 2
New Delhi/Mumbai, Jan 6 The transporters strike called by All India Motor Transport Congress (AIMTC) has failed to make any significant impact on the second day. The All India Confederation of Goods Vehicles Owners Association (ACOGOA), a ...

Security fears may deter new outsourcing customers
Six major vendors get terror mails. Bangalore, Jan. 6 Faced with sluggish business volumes, Indian IT services firms could find it even more difficult to convince new customers to offshore to India in the wake of recent successive terror strikes ...

Rupee stuck in range
The rupee was in a somnolent state over the past week, restricting itself to a dull sideways range. The fact that many of the participants were away on New Year holiday could partly account for this condition in the foreign exchange ...

No reconciliation in sight for Sun-Taro row
Ball in Israeli Supreme Court. Mumbai, Jan. 6 All chances of an out-of court settlement between Sun Pharma and Israeli drug-maker Taro Pharma seem to be diminishing, with even reconciliatory efforts ending in ...

Fog conditions may worsen over plains in northwest
Thiruvananthapuram, Jan. 6 Cold wave and fog in the plains of the northwest can only get worse as deep westerlies continue to empty their moisture over the cooler surface marked by little or even nil wind ...


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Markets (Jan 06)
Nifty (at close)3112.80(-8.65)
US Dollar (Buy/Sell)48.69/70
Brent crude (a bbl) Rs2,315
Gold (a gram) Rs1,229
Silver (a kg) Rs19,070


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