The Hindu Business Line : Wednesday, November 18, 2009

Reliance plans big push for gas, oil exploration
Company has five-platform approach for value creation: Mukesh Ambani. Mumbai, Nov. 17 Reliance Industries’ gas production will increase substantially with the development of nine more discoveries in the Krishna-Godavari D6 ...

Cos may soon earn ‘credit’ for doing good
Govt mulls corporate social responsibility credits on lines of carbon trading. New Delhi, Nov. 17 Companies may soon be able to trade in Corporate Social Responsibility (CSR) credits, akin to trading in Certified Emission Reductions (CERs or ...

Bilateral talks: The Cana... TODAY'S PICK (Latest Audio: English/Tamil)
MindTree (Rs 639.3): Buy
We recommend a buy in MindTree from a short-term perspective. It is evident from the charts of MindTree that since the March low of Rs 187 (52-week low) the stock has been on an intermediate-term uptrend shaping higher peaks and bottoms. In ...

Day Trading Guide

Hyundai too joins compact car race
To launch car smaller than Santro. Chennai, Nov. 17 Hyundai Motor India has said that it will continue to be aggressive with its product launches to protect and grow its market share, in the face of increasing launches in the compact car space ...

Jharkhand agrees to renew Chiria mine lease, says SAIL
PSU steel major to invest Rs 10,000 cr on capex, upgradation. Kolkata, Nov. 17 In a written communication to Steel Authority of India Ltd (SAIL), the Jharkhand Government has agreed to renew the lease for 1,000 million tonnes (mt) of iron ore ...

Fresh move to end spectrum stalemate with Defence
Raja to meet Pranab, Antony with revised Pitroda plan today. New Delhi, Nov. 17 In a bid to end the stalemate on 3G spectrum vacation by the armed forces, the Communications Minister, Mr A. Raja, will meet the Finance Minister, Mr Pranab ...

Govt to revisit class action suit provision in Cos Bill
New Delhi, Nov. 17 Apprehending the misuse of the concept ‘class action suit’, the Government is considering a proposal to change the norms on such a suit specified in the Companies Bill, ...

Believe markets or economies?
It’s one of the puzzles of the last several weeks. Stock markets the world over are up 50 per cent and more from their troughs. In China and India, the rise is even higher – the Sensex ...

Public sector banks loosen strings on personal loans again
Corporate credit offtake remains low. Hyderabad, Nov. 17 If you are in need of money, now may be the right time to apply for personal loan from a public sector bank (PSB). After keeping purse strings tight for quite some time, banks are now ...

Rupee faces resistance around 46 (Latest Audio:English/Tamil)
Rupee fluctuated in a range between 46 and 47 against the dollar over the past week as strong foreign institutional flows prevented a decline below 47. FIIs have brought in nearly $15 billion into Indian equity market. Their tally for November ...

Stuff of legends
Not many, at least in India, would have heard of Eilean Righ, a picturesque island in the Lake Loch Craignish, west of Scotland, about 100 miles from Glasgow. Jet-set traders in currency and derivatives may have heard of Christian Siva-Jothy, ...

East-bound rain belt continues in central parts
Thiruvananthapuram, Nov. 17 Widespread to fairly widespread rainfall has been reported from Madhya Pradesh, Chhattisgarh, interior Maharashtra and West Bengal during the 24 hours ending Tuesday ...