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TODAY'S PICK (Latest Audio: English/Tamil)
Akruti City (Rs 799.60): SELL
We recommend a sell in Akruti City from a short-term perspective. It is clearly evident form the charts of Akruti City that it has been on a modest uptrend from its July low of Rs 607, which is a 52-week low. However, after recording a high of ...
Day Trading Guide
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HCL ties up £400-m loan for Axon offer at 6.5%
New Delhi, Sept. 28 HCL Technologies, which rivaled Infosys’ bid for Axon Group, has tied up the £400-million loan component to fund its offer, at an attractive interest rate of about 6.5 per cent per annum, based on the current ...
Govt to facilitate fast track debt rejig
Schemes to be accepted if 75 pc of secured creditors consent. New Delhi, Sept. 28 To ensure a sound regulatory framework for facilitating fast track debt restructuring, the Companies Bill, 2008 is likely to propose that the arrangement scheme ...
All eyes on the US bail-out package
Deal or not – FIIs unwinding could continue with varying intensity. The US lawmakers are expected to work through the weekend and attempt to stall a bloodbath on Wall Street on Monday. However, on the other side of the time zone, Asian ...
US bailout drama: No Act II
The US’ bailout plan for the financial crisis is hopefully being approved soon. It is expected to be received favourably by members of the US Senate and Congress. President Bush has tried to point out to his colleagues in both parties that ...
US meltdown prompts LPOs to step up hiring
Several cos plan to double headcount to meet demands. Mumbai, Sept 28 At a time when the off-shoring industry is plagued with instances of employee lay-offs, companies providing legal process outsourcing (LPO) services are on a hiring spree as ...
Safe-haven buying bolsters gold price
In London spot market, it climbs 1.5% to $902 an ounce. Financial and monetary uncertainties buffet the commodity markets. This is in addition to growth concerns and overall negative sentiment. Obviously, risk reduction is the in-thing. The ...
Political actors in the financial theatre
The papers in the US have been putting out banner headlines lately with regard to the financial crisis that has gripped the country. Editors and experts have had to reach to superlatives at different points of time, to describe the nature of ...
US crisis has not hit contract renewals, says TPI
Bangalore, Sept. 28 The US financial crisis is having an adverse impact on the Indian IT sector as customers reduce or delay their spending on deploying new technology applications. TPI Inc, the largest sourcing data and advisory firm ...
Storming another male bastion
A ‘cushy job’ may not be everybody’s cup of tea. It is certainly not what the women at Cairn India seek. It’s been a long journey for women engineers in the country. Three decades ago when Ms Sudha Murthy was rejected for ...
‘Genetically engineered humans will be a reality by 2028’
Hyderabad, Sept. 28 In the year 2028, it would be possible to do the entire human genome sequence for less than $100, from the current cost that runs up to thousands of dollar. Individuals will be routinely sequenced either pre-natal ...
Super typhoon Jangmi drains out moisture
Thiruvananthapuram, Sept 28 Super typhoon Jangmi, a massive storm in the Northwest Pacific, has spirited away available moisture over the southwest and adjoining equatorial Indian Ocean even as it bore down heavily on ...
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