The Hindu Business Line : Thursday, January 29, 2009

Steel majors take a hit in Q3 as demand dips, costs rise
Tata Steel net halves; JSW Steel reports net loss of Rs 128 cr. Mumbai, Jan. 28 Slackening demand for steel due to the economic slowdown and a sharp rise in prices of raw materials, especially coal, have made a major dent on the bottomlines of ...

RPower emerges frontrunner for Tilaiya power project
Lowest bidder at Rs 1.77 a unit. Mumbai, Jan. 28 The Anil Ambani group controlled Reliance Power Ltd has emerged as the front-runner for the 4,000 MW Ultra Mega Power Project at Tilaiya in ...

Profit slips: Mr R.S. Sha... TODAY'S PICK (Latest Audio: English/Tamil)
Great Offshore (Rs 256.55): Buy
We recommend a buy in Great Offshore for a short-term horizon. It is evident from the charts of Great Offshore that after encountering resistance around Rs 550 in late September, it has seen a steep ...

Day Trading Guide

Govt likely to cut petrol, diesel prices
New Delhi, Jan. 28 The Government is likely to cut petrol and diesel prices for the second time in nearly two ...

Satyam sizzles ahead of F&O expiry
Mumbai, Jan 28 The share price of Satyam Computer, which is being salvaged after a financial scandal, has more than doubled in the last nine days on takeover ...

TRAI wants more than one CDMA player to get 3G spectrum
New Delhi, Jan. 28 The telecom regulator has told the Government that it should explore allotting 3G spectrum to more than one CDMA-based mobile ...

Cos start divulging pledged share data
Voluntary disclosures before SEBI guidelines. Kolkata, Jan. 28 Voluntary disclosures have begun to trickle in before SEBI has made the necessary notification for mandatory disclosures by promoters regarding shares pledged by ...

Rules of promoter-less corporates
Now, after the Satyam scam, a furious debate on corporate governance is on in India. Like the US had debated it, even more furiously, after Enron and Worldcom scams. The author of the current Indian debate undoubtedly is Ramalinga Raju. To ...

Scope for further cuts in lending, deposit rates: RBI
Structural factors, large Govt borrowing, risk aversion may constrain banks. Mumbai, Jan. 28 Even as the Reserve Bank of India wants banks to respond to its earlier policy cues by cutting deposit and lending rates, its third quarter review of ...

Indian Ocean, hotspot for research work
Tokyo, Jan 28 The Indian Ocean is becoming the hotspot for research activities by major international institutions with studies indicating its growing influence on evolving weather over places as far away as western US and northern ...

Keystone Realtors among 31 FDI proposals cleared
New Delhi, Jan. 28 The Government on Wednesday cleared 31 foreign direct investment (FDI) proposals worth Rs 1,277.23 crore of companies including Morgan Stanley Financial Services, Keystone Realtors and Ramky Enviro ...