The Hindu Business Line : Wednesday, June 10, 2009

Satyam posts Rs 52 cr net in Feb; operating margins better
IT firm sees significant improvement from January numbers. Hyderabad, June 9 Satyam Computer Services Ltd earned a net profit of Rs 52 crore in February on a strong operating profit margin of 17.46 per ...

SBI sees surge in New Pension Scheme collections
95% of total mop-up came in the last one week. SBI Pension Fund appears to have raced ahead of its competitors, collecting over Rs 25 lakh under the new ...

Key markets yet to recove... TODAY'S PICK (Latest Audio: English/Tamil)
Bartronics India (Rs 158.90): Buy
We recommend a buy on Bartronics India stock from a short-term trading perspective. It is evident from the charts of Bartronics that it has been on an intermediate-term up-trend since the March low of Rs 61, forming higher peaks and ...

Day Trading Guide

Manmohan says 8-9% GDP growth achievable
New Delhi, June 9 The Prime Minister, Dr Manmohan Singh, has said the Indian economy could achieve growth rate of 8-9 per cent even if the world economy did not do ...

WorldSpace India has to wait longer for audio streaming on Web site
New Delhi, June 9 Thanks to a quirky policy, WorldSpace India will have to wait until the notification of Government policy pertaining to satellite radio services, to offer streaming of audio music programmes on its Web site. WorldSpace needs ...

No green shoots yet for BPO cos
Bangalore, June 9 There seems to be no immediate relief for the Indian BPO industry as low consumer spending in key markets in US and Europe would prolong the recovery process even though the crisis has reached ...

Past acquisitions come to haunt Satyam
Promoters of 3 cos want to end pact; seek payment guarantees. New Delhi, June 9 The street may have given thumbs-up to the better-than-expected financial health of Satyam Computer Services, but the troubles for the scam-hit firm are far from ...

Is Satyam ‘undervalued’ given current financials?
Margins have been much lower than industry average. After remaining in the sidelines for most part of the stock market rally, the Satyam Computer stock hit the upper circuit on Tuesday after its financials were disclosed for the first ...

Man happy, woman unhappy
There are two ways in which people who crave attention behave: they either say ‘no’ to everything, or they make startling announcements. Both methods work wonderfully well, especially in the make-believe world ...

KPMG to study viability of starting TPA network
PSU general insurers favour in-house set-up. Kolkata, June 9 The four public sector general insurance companies have moved a step closer to their goal of jointly launching a third party administration service ...

Buyers find PSU stocks attractive on divestment hopes
Kolkata, June 9 PSU stocks witnessed targeted buying as market expected fresh Government initiative for ...

Switchover to gas helps urea units cut production costs
Shift from naphtha helps halve feedstock prices. New Delhi, June 9 Natural gas supplies from Reliance Industries’ Krishna Godavari-D6 fields have virtually halved the feedstock costs (for a tonne) for fertiliser units hitherto running ...

Rupee to move in a range
Rupee could not rally emphatically above the 47 mark against the dollar as ambling equity markets and strength in US dollar impeded its progress. Intervention by the RBI in forex markets around the 47 level was also partially responsible ...

Strengthen PDS for ‘aam aadmi’
Food inflation is too high to provide any real relief to consumers. The Sensex may be going up and dollar inflows may have revived; but that hardly cheers the common man who has voted the new government to power. The aam aadmi wants food at ...

Ocean conditions may be `prejudicial' to monsoon
Weak El Nino events do not favour normal monsoon. The ongoing Indian monsoon may have to contend with hostile conditions evolving both in the `near' and `far' oceans during the rest of the season this ...