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Capital goods power industrial growth in Sept
IIP up 9.1% in Sept; consumer durables segment grows 22%. New Delhi, Nov. 12 A firm recovery in the country’s industrial output appears to be under ...

Domestic airlines carry 27% more passengers in Oct
Too early to call it a revival, say airline officials. New Delhi, Nov. 12 The festival month brought cheer to the domestic airline ...



The Prime Minister of Aus...
TODAY'S PICK (Latest Audio: English/Tamil)
Rolta India (Rs 178.4) : Buy
We recommend a buy in Rolta India from a short-term perspective. It is apparent from the charts of the stock that it has been on an intermediate-term uptrend, forming higher peaks and troughs since its March-low of Rs 40.70. However, the ...

Day Trading Guide


Govt mulls auctioning four 3G slots in all circles sans spectrum
A committee headed by Mr Sam Pitroda, appointed by the Government to oversee the upcoming 3G auctions, is examining whether four slots can be auctioned in all circles even if there is no spectrum available ...

Infosys BPO acquires US co McCamish for $38 million
Bangalore, Nov. 12 Infosys BPO, the business process outsourcing arm of Infosys Technologies, has agreed to buy all of the outstanding interests of Atlanta, Georgia-based McCamish Systems LLC, a business process solutions provider to the ...

L&T to sell part stake in Mahindra Satyam
Engineering major to shed a third of its 6.9% holding in IT firm. Mumbai, Nov. 12 Larsen and Toubro plans to sell a third of its holding in Mahindra Satyam on Friday or early ...

Dollar as common currency
In the article ‘Common currency: Pitfalls and prospects’ (Business Line, October 26), an attempt was made to establish how a global common currency on the lines of the IMF’s SDRs (Special Drawing Rights) is ...

Food inflation climbs to 13.68%
Prices of vegetables, pulses soar. New Delhi, Nov. 12 Doubling of potato prices and onions becoming costlier by 42.58 per cent on an annual basis led to the food inflation climbing to 13.68 per cent for the week ended October 31, from 13.39 per ...

NSE members not for extended trading: Survey
To meet NSE, BSE brass on this issue. Brokers seem to have shown the thumbs down to the extension of stock market timings allowed by SEBI last ...

‘Extend ban to duplicated IMEI numbers’
25 m fake handsets face disconnection from Dec 1. The Centre should not just stop with the planned disconnection of fake mobile phones from the month-end, but extend the action to cover clones/duplicated IMEI numbers of genuine brand owners and ...

Vegetables, pulses, fruits set to cost more: Abhijit Sen
Hyderabad, Nov. 12 Barring cotton, output of all major crops, including sugar and foodgrains, will come down this year due to drought and flood in different parts of ...

Consumer durable growth story intact
IIP data suggest sustained spending in home appliances. BL Research Bureau The IIP data released on Thursday suggest that the growth story in the consumer durable industry is intact, with the index reporting a double-digit growth for the sixth ...

Cyclone Phyan remnant drops rain over central India
Thiruvananthapuram, Nov. 12 Tropical Cyclone Phyan underwent rapid weakening while moving north-northeast over land on Thursday and was traced as a low-pressure area over southwest Madhya ...

Cabinet nod for OVL’s additional investment in Brazil
New Delhi, Nov. 12 The Cabinet Committee on Economic Affairs (CCEA) gave its nod to ONGC Videsh Ltd for making an additional investment of $70 million in Block BC-10 ...

State Bank of Indore merger with SBI by March
Ahmedabad, Nov. 12 State Bank of India is likely to conclude the merger of its associate bank State Bank of Indore (SBIN) with itself by ...


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