The Hindu Business Line : Thursday, February 26, 2009

TV broadcasters can’t run cable, DTH: Regulator
TRAI to review cross ownerships of telecom and media businesses. New Delhi, Feb. 25 The Telecom Regulatory Authority of India (TRAI) has recommended that broadcasters should not be allowed to own more than 20 per cent in TV distribution ...

Won’t sell Satyam stake: L&T
‘Bidding depends on board’s guidelines’. Mumbai Feb. 25 Larsen & Toubro will not be selling its 12 per cent stake in the troubled Satyam Computers, even if the engineering giant is not able to take over the IT firm. This ...

Lamp of good hope: The Un... TODAY'S PICK (Latest Audio: English/Tamil)
Tata Chemicals (Rs 130.70): Sell
We recommend a sell in Tata Chemicals stock from a short-term horizon. It is apparent from the charts of Tata Chemicals that it has been on a long-term downtrend since its life-time high of Rs 440 touched in May ...

Day Trading Guide

Public sector banks on recruitment spree
Over 12,000 supervisory, clerical vacancies being filled up. Hyderabad, Feb. 25 If you are looking for a job, this is a good time to think of public sector ...

Is diesel price cut in the offing?
The Capital was rife with speculation on Wednesday that the Government may consider a cut in diesel prices before the General Elections are ...

Indian vendors to wait for fine print on tax disincentives
Bangalore, Feb. 25 The US President, Mr Barack Obama, might have made it clear that there would be no tax breaks for companies that ship jobs overseas, but the Indian IT industry is yet to believe work from its largest market could ...

Wrong doctor, wrong treatment
Over the last 18 months, ever since the ongoing economic crisis began, a huger-than-normal amount of prescriptive garbage has been written, most of it by economists. Some of this, alas, has found its way into policy. The most notable of ...

Banks facing pressure on capital requirements
Loan assets rating downgrade beginning to bite. Bangalore, Feb. 25 With their loan assets facing sharp rating downgrades, particularly in sectors worst hit by the slowdown, banks are beginning to confront ...

Tata Motors launches Xenon pick-up
Mumbai, Feb. 25 Tata Motors launched the lifestyle four-door five-seater pick up Xenon XT on Wednesday in ...

Commercial vehicle makers cut prices
Tata Motors, Ashok Leyland to pass on benefits of excise cut. Mumbai, Feb. 25 Commercial vehicle manufacturers are cutting prices following the excise duty reduction announced in the Government’s third economic stimulus ...

Engineering goods exporters installing radiation detectors
Move follows allegations of tainted steel with radioactive materials. Mumbai, Feb. 25 Engineering goods exporters are installing monitors to detect radioactive materials in imported steel scraps, EEPC officials said here on Wednesday. This ...

ELSS turn unattractive in Dec, Jan
Insurance gains as rush for tax saving investments starts. Mumbai, Feb. 25 Inflows into Equity Linked Saving Schemes (ELSS) for December and January have been the lowest in ...

Tata Capital NCD subscribed six times
Marketmen attribute response to brand, returns. Mumbai, Feb. 25 Tata Capital’s non-convertible debenture programme was oversubscribed ...

Spices export may surpass Rs 4,350-cr target
Due to rise in unit value on weakening of rupee against dollar. Kochi, Feb. 25 If the current upward swing in the value realisation of spices shipments is any indication, the total export earnings during the current fiscal may surpass the set ...

Cyclonic whirl to spearhead weather over North-East
Thiruvananthapuram, Feb. 25 India Meteorological Department (IMD) has confirmed the presence of a cyclonic circulation embedded into a trough as northwesterlies dipped into east and north-east ...