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Thursday, March 12, 2009
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CA institute wants RBI to appoint bank auditors
New Delhi, March 11 The Institute of Chartered Accountants of India (ICAI) has once again made a case for appointment of auditors for public sector banks to be centralised with the Reserve Bank of India ...

Slowdown takes fire out of branded fuels
New Delhi, March 11 Despite a narrowing down of the price differential between regular and branded auto fuels, the sales of the branded or premium version of both diesel and petrol have taken a hit because of the ...



Riot of colours: F...
TODAY'S PICK (Latest Audio: English/Tamil)
Ipca Laboratories (Rs 328.35): Buy
We recommend a buy on Ipca Laboratories from a short-term trading perspective. It is apparent from the charts of Ipca Laboratories that it has been on a long-term down-trend since its lifetime high of Rs 794 recorded in July 2007. In ...

Day Trading Guide


Delays and dilutions cost Govt Rs 50,000 cr
TELECOM TALE. New Delhi, March 11 Delays and wrong decisions by the Department of Telecommunications have cost India almost Rs 50,000 crore of ...

Service tax notice puts sub-brokers in fix
CAG observation prompts authorities to claim arrears payment. Mumbai, March 11 Hundreds of sub-brokers are in a quandary. Tax authorities have served notices on them asking for payment of service tax for the last four ...

Wheat procurement may face storage space woes
Warehouses brimming with rice and wheat. Chennai, March 11 With warehouses almost brimming with wheat and rice, the Union Government could face problems of storage space when it sets out to procure wheat for the buffer stocks from ...

Satyam staff worried as bidding process begins
With the Satyam Computer Services Board setting the ball rolling for selecting the strategic investors, associates at different levels are a worried lot – as to what will happen to their future when a new management ...

Tata Motors, Ashok Leyland see more bus orders next fiscal
Incentive scheme for auto sector to help generate Rs 4,000-cr biz. Bangalore, March 11 The country’s top two domestic bus makers – Tata Motors and Ashok Leyland – expect between 10 per cent and 15 per cent growth next fiscal ...

Rupee to decline below 52
Volatility in stock markets and continued outflow of foreign institutional investor funds made the rupee hover around the 52-mark against the greenback over the past week. Selling of dollars by exporters and select banks prevented a slide ...

Mercury may rise further in the North
Thiruvananthapuram, March 11 Rain clouds blown away north-northeast from the peninsular south chose to dump most of their moisture along coastal Tamil Nadu accounting for some heavy to very heavy precipitation through ...

‘People’s car’ stops commuters in Coimbatore
‘NANO’ IMPACT. Coimbatore, March 11 For those driving on Tiruchi Road in Coimbatore this morning, it was a huge surprise to spot Tata’s newest offering, the ...


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Markets (March 10)
Nifty (as at Mar 9)2,573.15(-47.00)
US Dollar (Buy/Sell)51.87/89
Brent crude (a bbl) Rs2,235
Gold (a gram) Rs1,421
Silver (a kg) Rs23,795


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