The Hindu Business Line : Friday, November 27, 2009

Sensex dips below 17,000 on global cues, talk of check on FII flows
Chinese, European markets weak; heavy selling in pivotals. Mumbai, Nov. 26 Market indices fell sharply due to heavy selling pressure as signs of weakness in the international financial markets surfaced again. The Sensex slipped below the ...

Corus drags Tata Steel into red; consolidated loss at Rs 2,719 cr
Mumbai, Nov. 26 Corus continued to drag down the consolidated profits of Tata Steel. Tata Steel reported a consolidated loss of Rs 2,719.8 crore in the second quarter of this fiscal against a profit of Rs 4,703.64 crore in the ...

Unity is strength: Police... TODAY'S PICK (Latest Audio: English/Tamil)
India Infoline (Rs 132.6): Sell
We recommend a sell in India Infoline from a short-term perspective. It is apparent from the charts of the stock that after a medium-term uptrend from Rs 40 to Rs 160 (between March and early June), it encountered significant long-term ...

Day Trading Guide

Food price inflation: Pranab wants States to improve supply mechanism
New Delhi, Nov. 26 The Finance Minister, Mr Pranab Mukherjee, today refused to take the entire blame for food price inflation. He asked the States to do their bit by using their administrative machinery to ensure the supply of ...

Ministry to discuss contentious M&A clauses of Competition Act in Dec
New Delhi, Nov. 26 After a lull, the contentious provisions regarding mergers and acquisitions (M&As) of the amended Competition Act is back on the discussion table of the Ministry of Corporate Affairs ...

BSNL gets 5 bids for WiMax franchisee
Teracom-Cisco in fray for maximum number of circles. New Delhi, Nov. 26 Bharat Sanchar Nigam Ltd has received bids from five companies for rolling out WiMax-based broadband services on a franchisee ...

Forex reserves: Copper, aluminium, wheat, anyone?
India’s recent purchase of 200 tonnes of gold from the IMF marked its definitive transition from a forex deficit to surplus country. Although worth just about $6-7 billion, constituting barely 3 per cent of reserves, it sent a message ...

Third quarter PC sales up 24% over second
New Delhi, Nov. 26 Signalling a sustained recovery in consumer sentiments, the domestic PC shipments touched 21.9 lakh units during July-September 2009 quarter, a 24-per cent growth over the previous quarter. But seen on a year-on-year basis, ...

IBA, bank unions to discuss wage revision, pension issues today
Negotiations for five-year deal from Nov 1, 2007. New Delhi, Nov. 26 Bank unions and the Indian Banks’ Association (IBA) will return to the negotiating table in Mumbai on Friday to discuss industry-level wage revision and pension option ...

Costlier potato, pulses keep food inflation above 15%
Primary articles inflation rate rises to 11.04%. New Delhi, Nov. 26 The annual rate of inflation in the Primary Articles group rose to 11.04 per cent during the week ended November 14, higher than the previous week’s annual rise of 9.94 ...

BRIC markets lead the surge
India stands at 10th place with 87% return in 2009. The BRIC magic has worked this calendar year too with all four countries – Brazil, Russia, India and China – placed among the top 15 in the performance ...

Isolated rain, thundershowers to continue in South
Thiruvananthapuram, Nov.26 The low-pressure area over south-east Bay of Bengal has become less marked during the 24 hours ending Thursday morning but an associated upper air cyclonic circulation is moving slowly in a west-northwest ...