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Cos yet to benefit from rate cuts
Firms see interest cost spike in Dec quarter. The aggressive interest rate cuts unleashed by the RBI since October are yet to bring down interest costs for India Inc. Total interest costs for leading Indian companies increased 90 per cent in the ...
Central Drug Authority proposal shelved
Mumbai, Feb. 1 The proposal for a Central Drug Authority (CDA) seems to have been shot down, at least in its present ...
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Creating awareness: The D...
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TODAY'S PICK (Latest Audio: English/Tamil)
Sesa Goa (Rs 84.75): Buy
We recommend a buy in Sesa Goa from a short-term trading perspective. It is apparent from the charts of Sesa Goa that it has been trending up since its 52-week low of Rs 60, recorded in late November 2008. The stock recently found support ...
Day Trading Guide
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Govt-RBI assessment says financial system essentially sound, resilient
New Delhi, Feb. 1 In what will be widely seen as a riposte to previous reports on the subject, the Government and the Reserve Bank of India will come out with their plan for financial sector development and reform in a couple of weeks from ...
Country’s talent pool makes a beeline for PSU jobs
HR-savvy PSUs now seen offering attractive careers. Bangalore, Feb. 1 In a recent recruitment drive for graduate engineers by Life Insurance Corporation of India, over 850 engineers applied for 40 ...
SEC officials to visit SEBI, Satyam headquarters
Hinduja Group sounds Goldman Sachs on acquisition. Mumbai, Feb. 1 Officials from the Securities and Exchange Commission of the US are scheduled to visit India this week to gather information about the Satyam financial scandal. On their agenda, ...
Long-distance call rates likely to turn cheaper
Telecom Dept mulls allowing operators to sell calling cards. New Delhi, Feb. 1 STD tariffs could come down further with the Department of Telecom proposing to allow long-distance telephony operators to directly sell calling cards to ...
IT cos hike unsure debts to buffer payment delays
‘Clients might prolong payments due to financial challenges’. Bangalore, Feb. 1 Large Indian IT vendors have significantly enhanced provision for doubtful debts anticipating payment delays from customers who have filed for ...
Bank chiefs in quest of solutions
The RBI’s credit policy has come and gone, leaving bankers and borrowers none the wiser on matters of importance. Bankers are left to deal with issues of governance and credit disbursements. In this context, my attention was drawn to ...
Cross-currents likely to swing market, but within a range
Big domestic investors keeping watch on Wall Street sentiments. Did the market expect a positive verdict on Reliance Industries Limited gas imbroglio or was it the (Barack) Obama package magic that was behind last week’s rally? Or was ...
Gold has upside potential in medium term
But downside risk in near term, crude seen ruling weak. Mumbai, Feb. 1 Commodity markets continue to be haunted by volatility and highly divergent short-term ...
Gold futures may rise
Gold futures ended sharply higher Friday reaching a three-and-half month high fuelled by flight-to-quality buying and investment demand into bullion. investors overall were allocating more of their portfolio money into gold instead of other ...
India Inc invests the most in 2007-08
New Delhi, Feb. 1 Private corporates have never dominated investment activity in the Indian economy as they did in 2006-07 ...
Ancient values for modern managers
What accounts for the sudden downfall of otherwise successful organisations? Are there any insights from the scriptures in this regard? In answer to these questions, Dr S. Kannan, a Chennai-based chartered accountant, ...
Raising money in a recession
Strategies to mobilise start-up funds in an economic downturn. You’ve finally taken the plunge. Quit that steady paying job, roped in a couple of friends and started your own business. You’ve even squirrelled away some money to pay ...
RIP: Modern theory of finance
The financial crisis urges a relook at models of modern finance. When a study of the recent collapse of American and international financial markets is undertaken it is bound to unearth the role of a most unlikely and academically credentialed ...
Monsoon likely to lose La Nina gains
Recently in Tokyo The year 2009 Indian monsoon could forfeit the likely gains from La Nina conditions in the equatorial east Pacific in the context of a developing negative Indian Ocean Dipole (IOD) event of seesawing sea surface ...
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