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Govt to push ahead with long-pending reforms
Priority for lowering bank lending rates further. New Delhi, May 27 The Finance Minister, Mr Pranab Mukherjee, said on Wednesday that the next round of economic reforms will provide the next stimulus to economic growth. The stock markets seemed ...

Market sizzles, Sensex gains 520 pts
Pranab’s pronouncements on infrastructure spend, cheaper credit boost sentiment. Mumbai May 27 The Finance Minister’s remark that the Government would increase its infrastructure spend and ensure cheaper credit saw stocks rise again ...



`Broad plan of action': T...
TODAY'S PICK (Latest Audio: English/Tamil)
Bharat Forge (Rs 177.30): Buy
We recommend a buy in Bharat Forge stock from a short-term trading perspective. After recording a multi-year low of Rs 69 this January, the stock formed a base consolidating sideways in the range of Rs 70 and Rs 90. The stock has developed ...

Day Trading Guide


59 more find berths
Cabinet to be expanded today. New Delhi, May 27 With Cabinet expansion slated for Thursday, the Prime Minister, Dr Manmohan Singh, and the Congress President, Ms Sonia Gandhi, on Wednesday once again held consultations and finalised the list ...

Drug cos expect better access to Japanese market
Mumbai/New Delhi, May 27 Domestic drug-makers expect to gain better access into Japan, the world’s second largest pharmaceutical ...

Tech Mahindra nominees join Satyam board
Hyderabad, May 27 Tech Mahindra got its four nominees on the Satyam Computer Services board today, about 45 days after successfully winning a bid for a majority stake. With this development, Satyam’s board will now have the full ...

Cos’ overseas borrowings fall 73% to $298.63 m in April
Investors cut exposure to India due to elections, say bankers. Mumbai, May 27 Resource mobilisation by India Inc through external commercial borrowings/foreign currency convertible bonds in April was sharply down by 73 per cent to $298.63 ...

Imported raw sugar may be exempt from release mechanism
Mills may be given a 2-month levy holiday for early crushing. New Delhi, May 27 Exempting imported raw sugar from the monthly release mechanism and providing a two-month levy holiday for mills undertaking early crushing are among the latest ...

Infosys sees good demand in India, West Asia; bags 3 deals in home market
Bangalore, May 27 Infosys Technologies Ltd has won three significant deals in the last five months in India, a market that has become increasingly strategic to ...

Dial your doctor, pay by phone
Patient-doctor link portal HealthcareMagic has said its subscribers now can not only consult a doctor on phone but also pay their fee by phone. The company has tied up with mobile payment service provider Atom Telecom to provide IVR-based ...

Monsoon pauses after ‘Aila’ signs off from east
Erstwhile cyclone Aila has faded out over east and northeast bringing to an end the onset phase of the southwest ...


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Markets (May 26)
Nifty (at close)4,276.05(+159.35)
US Dollar (Buy/Sell)47.60/61
Brent crude (a bbl) Rs2,875
Gold (a gram) Rs1,359
Silver (a kg) Rs23,790


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