The Hindu Business Line : Thursday, November 12, 2009

Yahoo!, Cisco eye role in unique ID project
Meetings are still at preliminary stage, says Nilekani. New Delhi, Bangalore, Nov 11 Along with a bouquet of flowers, the global CEO of Yahoo! Inc, Ms Carol Bartz, offered the Prime Minister, Dr Manmohan Singh, whom she met on this morning, help ...

‘Virtual bench’ turns into real seats at mid-size IT cos
No such luck for virtual benchers at Mahindra Satyam. Mumbai, Nov. 11 The concept of a ‘virtual bench’ for non-billable employees may soon be a thing of the past at mid-size Indian IT companies, thanks to the gradual improvement in ...

Ms Carol Bartz, Global CE... TODAY'S PICK (Latest Audio: English/Tamil)
Indian Hotels Company (Rs 88.6): Buy
We recommend a buy in Indian Hotels Company from a short-term perspective. The stock’s 5 per cent jump on November 11 has reinforced its intermediate-term uptrend that has been in place since its March low of Rs 34. With this gain ...

Day Trading Guide

Rising excise, Customs revenues signal economic pick-up
New Delhi, Nov. 11 Signalling a pick-up in the economy on the back of a good festival demand, the Centre’s excise duty collections inched up in October to Rs 8,952 crore. This represented a 4 per cent increase over the Rs 8,591 ...

Exports decline 11.4% in October
New Delhi, Nov. 11 The country’s merchandise exports shrank to $12.5 billion – down by 11.4 per cent, for the thirteenth month in a row in October due to sagging overseas demand on the back of the economic slowdown in the ...

Renuka Sugars buys Brazilian firm for Rs 384 cr
Mumbai, Nov. 11 Shree Renuka Sugars Ltd has acquired a Brazilian sugar and ethanol producer Vale Do Ivai S.A. Acucar E Alcool (VDI) for $82 million (around Rs ...

Ministry signals cheaper digital TV option
HEADEND IN THE SKY. New Delhi, Nov. 11 Consumers will soon get a cheaper option of watching digital television with the Ministry of Information and Broadcasting proposing to charge zero annual licence fee from Headend In The Sky (HITS) service ...

MFs online trading platform likely by March
BSE planning to diversify into a multi-asset exchange. Mumbai, Nov. 11 The common online trading platform for mutual funds may be ready for investors by March, said the Chairman of the Association of Mutual Funds in India (AMFI), Mr A.P. ...

FIIs continue buying; focus on mid- and small-cap segments
Citigroup remains active; offloads stake in L&T, Suzlon. Kolkata, Nov. 11 Foreign institutional investors are continuing their shopping spree since the beginning of the new Indian trading year on October 16, the Diwali ...

Air India losses double to Rs 5,548 crore
Rising fuel costs, falling yields main reasons. New Delhi, Nov. 11 Increase in fuel costs and falling yields have seen Air India more than double its post-tax losses to Rs 5,548.26 crore in ...

Tropical Cyclone Phyan crosses coast near Mumbai
Thiruvananthapuram, Nov. 11 Tuesday’s deep depression over east-central Arabian Sea tracked north-northeast to intensify as a cyclonic storm, named ...

Sensitive items import up 30% in Apr-Aug
New Delhi, Nov. 11 The import of sensitive items during April-August has shown a hefty hike of 30 per cent when compared with the corresponding months of the ...