The Hindu Business Line : Tuesday, April 22, 2008

Reliance Industries: Refining to the fore
If one were to pick the two most striking features of Reliance Industries’ fourth quarter of 2007-08 report card it is these. First, the standout performance of the oil refining business thanks to a modern refinery and strategic ... More

Four international cos submit price quotes for wheat supply
Procurement by FCI touches 6 million tonnes More

Pvt mobile operators offer discounts to rural subscribers
New Delhi, April 21 With no burden of having to pay access deficit charges anymore, private cellular operators have announced discounts worth Rs 125 to all new mobile subscribers in the rural areas. The move comes after the telecom regulator ... More

ONGC asked to pay tax on discount extended to refiners
More

India consolidates its position as 2nd biggest cotton grower
Continues to be second in exports too; output seen up next season More

Daimler-Hero venture to invest Rs 4,400 cr
Yet to finalise manufacturing location; Daimler looks at India as hub More

A global problem comes knocking on India’s doors
More

TCS to hire 35,000 this fiscal
Mumbai, April 21 Despite reporting a muted growth during the last quarter of the just ended fiscal due to delays in ramp-ups of some of its overseas clients, Tata Consultancy Services (TCS) has not whittled down its planned investments in its ... More

Expanded services, markets lift Satyam net up 18.6%
US slowdown tempers guidance; revenue tops $2 billion More

Good show, but sub-prime woes cast shadow
A tight rein on key operating metrics, changing geographic-mix with reduced US dependence and change in service mix tending to higher-value services have helped Satyam Computer Services deliver a good set of numbers for FY08. But select ... More

Per capita consumption in rural India rises
Chennai, April 21 If the richest 20 per cent own 80 per cent of capital and earn 80 per cent of total income, a massive 40 per cent increase in the incomes of the poor would be needed to match the increase in GDP that can be brought about by ... More

GSK Pharma to bring in rotavirus, cancer vaccines
Breast cancer drug Tykerb slated for launch next month More

RBI likely to clamp down on arbitrage trade by foreign banks
Variants of carry trade in vogue More

TODAY'S PICK (Latest Audio: English)
Jaiprakash Associates (Rs 233.05): Buy
We recommend a buy in Jaiprakash Associates from a short-term perspective. It is evident from the charts of Jaiprakash Associates that it was on a medium-term downtrend from its January 2008 high of Rs 510 to its March 2008 low of Rs 189. ... More

Day Trading Guide
In the last trading session, the stock reversed and began to decline after testing the psychological resistance level of Rs 1,700. The stock is experiencing selling pressure at higher levels. Sell the stock in rallies with stop at Rs ... More

Stock lending: Bourses get lukewarm response
No single trading witnessed on BSE More

IMPACT
Power business may get a boost
Thanks to GMR Energy coal mine buy More

Talk of debt plans buoys Sterling Holiday Resorts
Sterling Holiday Resorts is maintaining a steady price appreciation in the hope that this fiscal the debt-beleaguered company would finally be out of the woods. According to market grapevine, its GDR plan has been postponed for the time being, ... More

‘Creative opportunity lies in hoardings ban’
Local publications, radio expected to benefit the most More