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Tuesday, July 14, 2009
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India Inc borrows to build
SBI Capital ties up Rs 72,500-crore funding for projects in April-June quarter. Mumbai, July 13 India Inc appears to be shrugging off its aversion to borrowing to set up greenfield projects and undertake brownfield ...

Passenger vehicles defy export slowdown
BL Research Bureau The automobile sector appears to be defying the trend of shrinking merchandise exports from India in ...



Torn a...
TODAY'S PICK (Latest Audio: English/Tamil)
Texmaco (Rs 83.75): Sell
We recommend a sell in Texmaco from a short-term trading horizon. The stock was on an intermediate-term uptrend from its 52-week low of Rs 35 recorded in March till its June high of Rs 125. Subsequently, the stock reversed direction from ...

Day Trading Guide


Pulses zoom on sowing data
Tur dal quoted at Rs 85 a kg in Chennai. Chennai, July 13 For all those who relish the South Indian sambar and paruppu sadam or paruppu annam, troubled times are ahead. Prices of tur or arhar dal, a main ingredient of ...

Rise in non-interest income lifts Axis Bank Q1 net 70%
Fee income at Rs 627 crore; trading profit soars to Rs 326 crore. Mumbai, July 13 Axis Bank’s net profit increased by 70 per cent to Rs 562 crore for the quarter ended June 30, from Rs 330 crore in the corresponding quarter last ...

Truth shall set you free and make you richer too
REALITY CHECK. New Delhi, July 13 The quest for eyeballs and moolah can lead to the oddest strategies: A lie detector test ...

Excel Infoways – IPO: Avoid
BL Research Bureau Investors can avoid subscribing to the initial public offering of Excel Infoways, a voice-based BPO, given the stiff valuation that the offer demands and uncertainties on key aspects of its ...

Vendor selection: It pays to be green
Bangalore, July 13 IT companies that do not have a green strategy in place will soon turn green with envy. A study by Forrester Research has said customers are increasingly putting the green criterion for supplier selection at the top of ...

Gammon India: Specialising in transport engineering
Chennai, July 13 Less than a week after it unveiled an impressive financial performance for 2008-09, Gammon India is caught in a quagmire, after a portion of the Delhi Metro Rail Corporation bridge being built by the company collapsed, ...

Game-changer `low' in Bay tipped to become depression
North-west Bay of Bengal has thrown up what may be considered a `game-changer' low-pressure area, a day ahead of projections made by India Meteorological Department ...

Huge palm oil stocks bring trade in South to a halt
Lacklustre demand amidst surging imports keeps buyers off. Palm oil trade, particularly in the South, has come to a standstill with no takers for ...


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Markets (July 13)
Nifty (at close)3,974.05 (-29.85)
US Dollar (Buy/Sell)48.08/09
Brent crude (a bbl) Rs2,892
Gold (a gram) Rs1,358
Silver (a kg) Rs22,080



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