The Hindu Business Line : Friday, June 19, 2009

SEBI brings in anchor investors for public issues
Entry load on mutual fund investments scrapped. Mumbai, June 18 In what could create a significant impact on pricing of initial public offers this year, the board of Securities and Exchange Board of India on Thursday approved the concept of ...

Inflation turns negative on base effect
First time in over 3 decades. New Delhi, June 18 The annual Wholesale Price Index-based inflation rate fell in the first week of June, the first time in well over three decades, mainly on account of a statistical base effect. Responding to the ...

Green concerns: The Minis... TODAY'S PICK (Latest Audio: English/Tamil)
HDIL (Rs 221.3): Sell
We recommend a sell in Housing Development & Infrastructure Ltd (HDIL) from a short-term trading perspective. It is evident from the charts of HDIL that it was on intermediate-term uptrend between March and June from Rs 62 to Rs 329. ...

Day Trading Guide

DoT has enough 3G bandwidth for 11 players
New Delhi, June 18 With the Defence Ministry agreeing to vacate more spectrum, the Department of Telecom now has enough bandwidth to accommodate as many as 11 players for offering third generation mobile services in ...

Online air travel bookings fall post fuel surcharge hike
IS IT CUSTOMER RESISTANCE?. Mumbai/New Delhi, June 18 No sooner did airlines hike the fuel surcharge than customer interest in air travel has ...

Want to shop? It pays to use your debit card
Hyderabad, June 18 Next time you go shopping better swipe your debit card; you may get cash back offer or other ...

Faster forest clearances for coal projects
New Delhi, Jun 18 The Centre is working on a series of measures to help coal projects clear regulatory and environmental hurdles ...

India Inc investment bails out US companies: Report
Small and medium enterprises are the saviours. New Delhi, June 18 Direct investments by Indian firms in the US are bailing out companies on the brink of closure and generating more ...

AP Govt may scrap Maytas-led Metro deal
Options include fresh tender, project with Centre’s aid. Hyderabad, June 18 The Andhra Pradesh Government is mulling options of scrapping the controversial Rs 12,200-crore-Hyderabad Metro Rail Project deal with the Maytas Infra-led ...

LIC seeks nod to raise stake in public sector banks beyond 10%
Sees investment opportunities in infrastructure projects. Mumbai, June 18 Life Insurance Corporation of India has sought the permission of the Insurance Regulatory and Development Authority for raising its stake in public sector banks beyond 10 ...

Entry load waiver: Investors get to bargain-hunt
Onus on distributor to levy commission for services. BL Research Bureau Investors can look forward to lower costs on their mutual fund purchases and greater bargaining power with their advisors, after SEBI’s Thursday move to do away with ...

Big cos in fray to develop India’s tallest building
Mumbai, June 18 Major infrastructure developers such as Tata Realty Infrastructure, Reliance Infrastructure, Akruti City, IL&FS Transportation Networks, Shapoorji Pallonji and financial services provider Indiabulls group are in the fray ...

Cyclonic whirl hovers over Bay as prelude to ‘low’
The US Naval Research Lab-Monterey has put under ‘investigation’ a growing churn in the northeast Bay of Bengal and given it the moniker ‘92B ...

Negative inflation: No impact seen on market
Mumbai, June 18 The headline inflation falling into the negative territory will not have much of an impact on the stock markets said market men. “Significant high base effect remained the key reason for this drop, even though the ...