The Hindu Business Line : Friday, November 30, 2007

Fuel efficiency grades for automobiles on the anvil
Mumbai, Nov. 29 Automobiles in India would be graded by their fuel efficiency once the Government agency completes its work on the subject. The Petroleum Conservation Research Association (PCRA), the energy auditing agency under the Ministry ... More

Maharashtra repeals Urban Land Ceiling Act
Mumbai, Nov. 29 More land will be available for development in Maharashtra with the State Legislature today resolving to repeal the Urban Land Ceiling Act. The decision drove up share prices of companies such as Godrej and Bombay ... More

Customs duty cut on select manmade fibres, intermediates
Export relief package also covers leather, marine products More

‘Exotic derivatives carry inherent risks’
44% of Indian corporates have such exposure: E&Y study More

If all nations are developed, who will save and lend to US?
What Mr Greenspan conveniently side-steps is that while savers in developing countries are ‘forced’ to save for their rainy day, the consumers in US are forcibly ‘taxed’ to pay for their social security, which just substitutes coercive tax for compulsive savings! Yet he sees savings as ‘forced’ and a sign of under-development, points out S. GURUMURTHY. More

LIC health product may hit market in Dec
Proposal is with IRDA; designed in tie-up with Munich Re More

PSBs taking guard against falling dollar
Faced with a deteriorating US dollar, public sector banks (PSB) are beginning to reduce their cash and cash equivalent balances with the American banks and shifting to the Euro.Top PSU bankers, who declined to be named, said that the ... More

UK-based Promethean enters India with Activclassroom range
Ties up with Bangalore-based Almoe to launch ‘smart’ white boards More

Hexaware fallout: Cos to guard against risks
Mumbai, Nov. 29 The recent Hexaware incident has prompted companies to take a hard-nosed look at derivatives reporting systems in order to minimise the associated risks and ensure maximum returns, analysts feel.Till now very few ... More

Airtel, Western Union offer mobile money transfer service
Migrant workers can securely send remittances to their dependents More

Surge in global prices may hit PEC wheat tender
Future contracts have gained $46 a tonne on CBOT More

Ceat plans Rs 500-cr greenfield plant
Increase in tyre outsourcing on cards More

Today's Pick: Hero Honda (Rs 733.90)
We recommend a buy in Hero Honda Motors at current price. The stock has been on a medium-term uptrend since April 2007 low of Rs 565. In the short-term also, the stock has been in an uptrend from the support level of Rs 660. The stock’s ... More

Day Trading Guide
(The analysis and opinion expressed in these columns are based on the technical analysis of the past price behaviour. The stop-loss level provided with the recommendation is important. The original view would stand negated if the stop-loss level ... More

Repealing land ceiling a relief to realtors
HDIL, Akruti Nirman to benefit from the move More

Land law repeal buoys real estate stocks
Industry welcomes news; will have more land at hand More

ISI marking mandatory for steel products
Order covers 17 varieties of steel products More

ONGC makes gas discovery in Rajasthan
New Delhi, Nov. 29 Oil and Natural Gas Corporation (ONGC) has made a new gas discovery in Rajasthan’s Jaisalmer basin. Mr D.K. Pande, Director (Exploration), ONGC, said, “we have reached the targeted depth and while testing ... More

She needs your help
The economy, especially in rural areas, is dependent on her. Now, how about strengthening her hands with suitable laws and technology? More

Diageo may brew Guinness beer locally
Plans to push sales of marquee brands More