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Wheat prices crash on weight of record crop, higher stocks
Procurement doubles; mills, private trade may keep off Haryana, Punjab. Chennai, April 1 As the official rabi arrival season began on Wednesday, wheat prices crashed on the weight of a record crop in the offing and higher ...
ZTE to offer over $1 billion credit to Indian telcos
Partners China Development Bank for promoting Chinese equipment. New Delhi, April 1 ZTE Corporation has entered into a strategic partnership with China Development Bank to make available a significant portion of a $15-billion global credit line ...
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TODAY'S PICK (Latest Audio: English/Tamil)
Bartronics India (Rs 86.15): Buy
We recommend a buy on Bartronics India from a short-term trading horizon. It is apparent from the charts of Bartronics that it was a medium-term downtrend as it declined from Rs 100 to Rs 61 between early January and early March. However, ...
Day Trading Guide
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GTB case: Audit firm takes ICAI to court
New Delhi, April 1 Audit firm Price Waterhouse has taken the audit profession regulator, the Institute of Chartered Accountants of India (ICAI), to court. A writ petition has been filed by Price Waterhouse in the Bombay High Court challenging ...
Shipbuilding subsidy: ABG can claim Rs 1,700 cr, Bharati Rs 1,000 cr
New Delhi, April 1 ABG Shipyard can claim Rs 1,700 crore as shipbuilding subsidy from the Government, followed by Pipavav Shipyard (Rs 1,050 crore) and Bharati Shipyard (Rs 1,000 crore) over the next four-five ...
Trade deficit rises to $115 b in April-Feb
Exports continue to slide, down 22% in Feb; imports decline 23%. New Delhi, April 1 The country’s exports, continuing the downslide for the fifth month in a row this fiscal, suffered a serious jolt with a steep decline by 22 per cent at ...
Vehicles sales rise in March, but ‘no turnaround in sight’
Hyundai sales dip, M&M up 11%; Hero Honda sales increase. Chennai, April 1 Vehicle sales during March increased over that in February 2009, but as Hyundai Motor India’s Senior Vice-President – Marketing and Sales, said “the ...
Software receipts in Q3 fell 10% sequentially
Mumbai/ Bangalore/ New Delhi, April 1 It’s official. The Indian IT sector, the pride of Indian exports, is generating fewer dollars, predominantly due to the global credit crunch and the cross ...
US tech spend to fall 3.1% this year
Forrester says outsourcing to buck trend. New Delhi, April 1 Forrester Research on Wednesday lowered its outlook on US tech purchases for 2009. It said that the purchase of IT goods and services by American businesses and Government is expected ...
High coffee prices drive away traditional buyers
Growers seek premium for arabicas; importers put off. Bangalore, April 1 Hit by high prices, traditional buyers from Europe and Russia are shifting away from Indian coffees amidst the ...
Crisil downgraded ratings on 84 cos in 2008-09
Credit quality hit by economy, slump in investments. Mumbai, April 1 Crisil downgraded ratings on 84 entities in the 2008-09 fiscal, while upgrading those on only ...
Squalls, hailstorms to line up east, northeast
Thiruvananthapuram, April 1 The unsettled weather in the Northeast will continue to hold for two more days with thunder squalls and hailstorms thrown in ...
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