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Is WL Ross in race to acquire Satyam stake?
Representatives visit Satyam headquarters; Kiran Karnik declines to comment. Mumbai/ New Delhi, March 30 US-based private equity firm WL Ross & Co is believed to be one of the parties interested in buying out the scam-hit Satyam ...

Sensex feels the US heat, tanks 480
Many investors book short-term profits. Mumbai, March 30 The five-day-long rally in the stock markets saw a reversal on Monday both on weak global cues and on profit booking by investors who made heady gains ...



Once again: A little girl...
TODAY'S PICK (Latest Audio: English/Tamil)
Moser Baer (51.50): Buy
We recommend a buy on Moser Baer India stock from a short-term trading perspective. It is apparent from the charts of Moser Baer that it was on an intermediate-term downtrend from its May high of Rs 201 to its March low of Rs ...

Day Trading Guide


Role of Nabard, NHB needs to be redefined: CFSA report
Mumbai, March 30 The regulatory/ supervisory and developmental role of the National Bank for Agriculture and Rural Development (Nabard) and the National Housing Bank (NHB) should be segregated so that rural financial institutions and ...

Equity funds not geared for short-term rally
Banking sector funds outperform Sensex. BL Research Bureau Actively managed equity funds may not always be the best-equipped to participate in a short-term rally, so suggests the 15 per cent average returns of the 260 open-ended equity funds ...

Tyre industry seeks safeguard duty on passenger car radials import
Concerns over growing imports from China, S. Korea. New Delhi, March 30 Automotive Tyre Manufacturers Association will approach the Director General of Safeguards to seek a safeguard duty on the import of passenger car radial tyres. This is in ...

Growers switching over to robustas from arabicas
White stem borer forces shift; timely showers may help next crop. Chennai, March 30 Even as timely pre-blossom showers hold promise of a better coffee crop for the next season starting November, growers are reportedly shifting to cultivation of ...

Net NPAs of banks set to rise
Banks peeved over RBI circular on floating provision. Chennai, March 30 Net NPAs of most banks will rise because of the effect of a recent circular by the Reserve Bank of India, that has taken most bankers ...

‘We have preempted BJP from coming to power’
Chennai: Formation of the Third Front has more or less “preempted the possibility of the Bharatiya Janata Party coming to power at the Centre,” said the Communist Party of India (Marxist) General Secretary, Mr ...

Bharti, Vodafone have most congested networks: TRAI
Operators’ performance improving. New Delhi, March 30 The Telecom Regulatory Authority of India on Monday said that Bharti Airtel and Vodafone Essar had the most congested networks in ...

Northwest stays wet, hail storm breaks out in east
Thiruvananthapuram, March 30 Northwest India witnessed rain or thundershowers at a number of places during the 24 hours ending Monday morning even as a hail storm and light to moderate rain marked the unsettled weather in the ...


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Markets (March 30)
Nifty (at close)2978.15(-130.50)
US Dollar (Buy/Sell)51.24/26
Brent crude (a bbl) Rs2,555
Gold (a gram) Rs1,420
Silver (a kg) Rs23,430


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