The Hindu Business Line : Wednesday, February 11, 2009

DoT gets tough with new mobile players on rollout
Most operators fail to launch services even one year after licences were issued. New Delhi, Feb. 10 The Department of Telecom is turning the heat on new mobile players for not launching services despite having given out the licences almost a ...

Govt to borrow Rs 46,000 cr more
New Delhi, Feb. 10 The Central Government will resort to an additional borrowing of Rs 46,000 crore between February 20 and March 20 to support the economy, as higher spending and lower revenues stretch its ...

The old and the new: TODAY'S PICK (Latest Audio: English/Tamil)
Financial Technologies (Rs 515.25): Buy
We recommend a buy in the stock of Financial Technologies India from a short-term perspective. It is evident from the charts of the stock that it was on an intermediate-term down trend between early November and late January, from Rs 744 to ...

Day Trading Guide

Imported fuel supplies for nuclear stations being tied up
French supply likely for RAPS units; Russia may deliver uranium pellets. New Delhi, Feb. 10 Imported fuel supplies for the country’s starving nuclear power programme are on the horizon, which could get the indigenous atomic stations up and ...

Campus hiring: IT majors keeping off IITs?
Mumbai, Feb. 10 Indian IT firms seem to be going slow on hiring from IITs, the premier engineering institutions in ...

Satyam board to meet tomorrow
Mumbai, Feb. 10 The Government-appointed board of directors of the beleaguered Satyam Computer Services will be meeting in Mumbai on Thursday to discuss operational issues such as raising funds and ways to instil confidence in clients, ...

The show is getting bigger and better
Who’s who of defence aviation participating. ‘Recession’ will be a forgotten word here for the next five days as Aero India 2009, the nation’s own version of Farnborough or Le Bourget, takes off at the Yelahanka Air Force ...

Running out of charge in rural India
“Bharti’s strategy of extensive roll-out ahead of competition, especially in new villages, has yielded rich dividends,” Mr Sunil Bharti Mittal, Chairman and Managing Director, Bharti Airtel Ltd, noted last month after ...

Slowdown may take its toll on Gulf remittances
GCC economies hit by fall in oil prices, decline in construction activity. Mumbai, Feb 10 This is a warning that the Government and banks can ill-afford to ignore. The International Monetary Fund (IMF) Managing Director, Mr Dominique ...

Banks’ educational loan portfolio growing despite slowdown
Kolkata, Feb. 10 The economic recession and downturn in the job markets might not have a significant impact on the educational loan portfolio of banks, according to senior bank officials. Banks are not anticipating any slowdown or build up ...

Insurance cos’ exposure in Satyam could be Rs 1,200 crore
Hyderabad, Feb. 10 The Insurance Regulatory and Development Authority (IRDA) does not see any major concern in the exposure of insurance companies to the scam-hit Satyam ...

GM says $1-b sourcing target will be difficult
Compact car Spark Muzic with additional features launched. New Delhi, Feb. 10 General Motors has said that it may find it challenging to meet its target of sourcing $1 billion worth of components annually from Indian vendors by 2010. This comes ...

SEBI hikes custodial fee for companies from April
Fees payable at various slabs increased by 50%. Mumbai, Feb. 10 Capital markets regulator SEBI on Tuesday increased the annual custodial fees payable by companies to depositories NSDL and CDSL, effective from the ...

‘We are responding to the crisis as it impacts on us’
New Delhi, Feb. 10 The Reserve Bank of India Governor, Dr D Subbarao, has made it clear that it is not possible for the central bank to lay a roadmap of precise steps to deal with the global financial crisis that is adversely impacting the ...

Rain may extend to M.P., West Bengal
Thiruvananthapuram, Feb 10 The prevailing western disturbance has thrown up an upper air cyclonic circulation that promises to amplify weather over northwest India even as India Meteorological Department (IMD) maintained a hailstorm watch ...