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Tractor cos relying more on pvt banks, NBFCs to boost sales
As public sector banks make lending norms more stringent. New Delhi, July 6 With tractor sales dipping, manufacturers are looking increasingly at private sector banks and non-banking finance companies (NBFC) to offer retail financing ...
PM to take up fuel price issue, need for action plan at G8 meet
New Delhi, July 6 The Prime Minister, Dr Manmohan Singh, plans to highlight at the G8/G5 outreach summit not only the impact of the sharp rise in fuel prices on the global economy but also the need for joint action by both producing and ...
Competitive launches may not come under ‘predatory pricing’
New Delhi, July 6 Companies bringing innovative products to the market at competitive prices would be able to do so without fears of indulging in ‘predatory pricing’ under the Competition Act. ...
Armed forces’ skills shine in corporate armour
Mumbai, July 6 Counter-terrorism operations in places like Jammu and Kashmir, laying communication cables in rough terrain or commanding men under difficult situations are abilities that shine not just on a resume in the defence arena. ...
War-chest of Big 4 crosses $5.2 billion
In strong position to pursue M&A deals. New Delhi, July 6 Top IT services companies - TCS, Infosys Technologies, Wipro and Satyam Computer Services - together have seen their ‘liquid assets’ surpass $5.2 billion during FY08. ...
Sliding rupee to support Q1 earnings of cos
IT industry will, however, prefer a stable currency. Hyderabad, July 6 Technology sector earnings could well show a positive impact of the rupee depreciation by about 7 per cent, during the first quarter of financial year 2008-2009, and also ...
Nations under growing pressure to cut energy intake
Oil price spurt brings sharper focus on climate change. When members of the world’s eight leading industrial nations, the G8, sit at a lakeside resort in Toyako, Japan on Monday to debate ways to slow down the pace of climate change, they ...
Gold may hit $950, but dollar likely to gain strength
Positive trend seen in short term on inflation fears. Chennai, July 6 Gold prices are poised to hit $950 an ounce with crude ruling firm above $140 a barrel and economists pointing out that the world may have to live with oil above $150. But ...
L&T splits ECC division into four
Kolkata, July 6 Larsen & Toubro will split its Engineering Construction and Contract (ECC) division into four separate companies soon, according to Mr J. Ganguly, Executive Vice-President, L&T Ltd. ...
Corporates pruning health insurance cover for staff
High premium, claims cause for restrictions. Mumbai, July 6 Many corporates, particularly top IT companies and BPOs, are pruning the health insurance coverage for their staff, following sharp increase in premium rates. Some corporates have ...
‘US airlines will have to raise fares’
Recently in Cincinnati, Ohio Airlines are increasingly looking to have not only more fuel-efficient but also more environment-friendly engines. The President and Chief Executive Officer, GE Aviation, Mr Scott Donnelly, who quit ...
TODAY'S PICK (Latest Audio: English/Tamil)
Areva T&D (Rs 1419.50): Buy
We recommend a buy in Areva T&D India from a short-term perspective. From the charts of Areva T&D, we see that it had been on a downtrend from its 52-week high of Rs 3,280 (recorded in November 2007) till June low of Rs 1,199. However, ...
Day Trading Guide
Another bumpy week on the cards
Infy, Edelweiss Q1 results could throw some light. Market this week is likely to be at its speculative best. Should the Left withdraw support on Monday; shorts in the market would be covered instantly. But it may be the beginning of yet ...
Prominent stocks in illiquid securities list
NSE identifies 304 stocks, BSE 1,585. Mumbai, July 6 Crisil Ltd, GlaxoSmithkline Consumer Healthcare, State Bank of Bikaner & Jaipur Asian Hotels, Maharashtra Scooters, Force Motors, Salora International, Samtel (India) Ltd, Banswara ...
Analysts see investment opportunities as stocks take a sharp beating
`Overall sentiment could improve in the next 12-18 months'. As the threatened withdrawal of support to the UPA Government by the Left Front approaches, the vast investor community in the country is left grappling with the question as to where the ...
Bay whirl hangs too far east for south’s comfort
Thiruvananthapuram, July 6 An upper air circulation has materialised over the Bay of Bengal on Sunday, but too far east (as against a more westerly bearing seen in earlier forecasts) for rain-deficit southern peninsula’s comfort. ...
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