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Corporate bond market may see flurry of activity post-Budget Govt thrust on infrastructure, tax sops to spur more issues. Mumbai, June 29 The lull in the corporate bond market seen in the first quarter of this fiscal is expected to change after ... Wockhardt to shed more non-core biz Mumbai, June 29 More non-core businesses will be sold in three to six months, the Wockhardt Chairman, Mr Habil Khorakiwala, told shareholders on ...

Recast plan: Mr Habil Kho...	TODAY'S PICK (Latest Audio: English/Tamil) Automotive Axles (Rs 150.9): Buy We recommend a buy in Automotive Axles from a short-term perspective. It is apparent from the charts of Automotive Axles that after recording a multi-year low of Rs 70 in early March, the stock reversed its trend. Since then, the stock has ... Day Trading Guide

Eateries in Delhi to be rated ahead of Commonwealth Games
New Delhi, June 29 As many as 886 eateries in the Central Delhi area, close to the Commonwealth Games venues, are to soon come under the ...

DoT may seek legal view on spectrum panel’s report
Allocation of radio waves for GSM players may be delayed. New Delhi, June 29 The Department of Telecom may seek legal opinion on whether to send the entire report of the spectrum panel for review to the telecom regulator or refer only specific ...

Banks looking to govt for capital infusion
To leverage perpetual instruments, subordinated debt routes for more resources. Bangalore, June 29 Public sector bank (PSB) chiefs have expressed reservations about divestment in the banking sector to meet the government’s fiscal ...

GAIL eyeing for a stake in Bidadi Gas project
Final prices would depend on backward linkages. Bangalore, June 29 GAIL (India) Ltd has initiated moves to pick up equity stake in the 1400-MW Bidadi Gas project promoted by the Karnataka State Power ...

Exports from STPI units up 12.4%
New Delhi, June 29 Exports by units registered under the Software Technology Parks of India (STPI) scheme are estimated to have touched about Rs 2,02,580 crore during 2008-09, a 12.4 per cent growth over the previous ...

Delay in iron ore lease holds up Tata Steel’s Orissa project
‘Brownfield expansion at Jamshedpur will be completed on time’. Mumbai, June 29 A delay in allotment of the iron ore lease is holding up Tata Steel’s six million-tonne project at ...

74% FDI proposed for DTH, 24% in FM radio
New Delhi, June 29 The Government is proposing to increase foreign direct investment in Direct-to-Home (DTH) to 74 per cent, and up to 24 per cent in FM ...

Pepsi plans low-cost beverages, snacks to fight anaemia
India lead country in global project; clinical trials soon. Chennai, June 29 In a bid to combat under-nutrition, PepsiCo India expects to test-market its products to fight anaemia among rural women sometime next year. The soft-drinks major is ...

Rains may relent, but `break monsoon' ruled out
India Meteorological Department (IMD) has declared the monsoon as having covered the entire central and east India in one fell swoop, besides venturing even into the ...

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