The Hindu Business Line : Wednesday, November 25, 2009

CBI arrests Co Law Board chief on graft charges
Media house official nabbed giving Rs 7-lakh bribe. New Delhi, Nov. 24 The Acting Chairman of Company Law Board (New Delhi), Mr R. Vasudevan, was arrested on Tuesday by the Central Bureau of Investigation (CBI) for allegedly taking a bribe of Rs ...

Gucci’s single brand FDI plan may get nod
New Delhi, Nov. 24 The Foreign Investment Promotion Board (FIPB) has recommended approving Gucci’s plans to pick-up 51 per cent stake in Luxury Goods Retail Ltd, under single brand ...

Mr Raj Chandara (left), V... TODAY'S PICK (Latest Audio: English/Tamil)
Eveready Industries India (Rs 68): Buy
We recommend a buy in the stock of Eveready Industries from a short-term perspective. It is clear from the charts of the stock that it has been on an intermediate-term uptrend since December 2008 low of Rs 11.50. In July, the stock breached a ...

Day Trading Guide

CBI claims unearthing additional fraud of Rs 4,739 cr in Satyam
Hyderabad, Nov.24 The Central Bureau of Investigation (CBI) has stumbled upon more evidence that could push the size of the fraud at Satyam Computer Services to Rs 11,875 crore from the initially estimated Rs ...

High networth individuals see glitter in commodities
Mr Naren Agarwal, a long-time investor in equities, never thought he would trade in commodities. Though he is invested in equities for a few lakh rupees, he hardly looked at commodities. But triggered by the interest generated in gold and ...

Call to check fund flows thru P-notes
New Delhi, Nov. 24 A Lok Sabha member on Tuesday demanded the need to put a tight lid on ‘Participatory Notes’ as the derivative instruments increasingly used by foreign institutional investors to take positions in ...

Bollywood keeps its fingers crossed for Q3
BIG-TICKET FLOPS. Mumbai, Nov. 24 What began as an ideal script in the third quarter of this fiscal seems to have gone completely awry ...

Diversified equity funds outperform indices
The market rally of 2009 has pushed the returns of several diversified equity funds into the triple digits, with 41 of the 176 diversified schemes clocking an absolute one year return of 100 per cent plus. About 56 per cent of the ...

RNRL says it was unable to raise funds for Dadri project
Anil Ambani spends the day at Supreme Court. New Delhi, Nov. 24 On a day when Mr Anil Ambani made a surprise appearance in the Supreme Court in the Ambani brothers’ gas row, his company Reliance Natural Resources Ltd (RNRL) said it was ...

Soon, get details of online train ticket bookings on your mobile
IRCTC ties up with Spice Digital. New Delhi, Nov. 24 The next time you book your train ticket online using the Indian Railway Catering and Tourism Corporation (IRCTC) Web site, you will get an SMS on your mobile phone informing you of your ...

Rupee to decline to 47
Lacklustre movement in the domestic stock market coupled with strength in US dollar made the rupee decline to 46.8 against the greenback. Foreign institutions pulling out funds from equities over the last three sessions and month-end demand ...

Hi-speed data download at 10 paise/ MB from MTS
Bangalore, Nov. 24 MTS, the mobile telephony services brand of Sistema Shyam Teleservices Ltd (SSTL), has announced the launch of high speed data services MBlaze with free use of a few Web ...

‘Exit’ must not upset economic recovery: Gokarn
Mumbai, Nov. 24 Exit from expansionary monetary policy has to be done strategically and carefully to ensure that there is no negative impact on the economy, according to Dr Subir Gokarn who took charge as an RBI Deputy Governor here ...

‘Low’ pops up over South-East Bay, may intensify
Thiruvananthapuram, Nov 24 India Meteorological Department (IMD) has traced a low-pressure over South-East Bay of Bengal and adjoining south Andaman Sea on ...

A banker who wants more regulation
Well, there’s actually one. He’s John Mack of Morgan Stanley, one of the world’s largest ...