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Staff wages, directors’ pay move in sync with co profits
Sample study of 350 NSE listed cos for 2002-03 to 2007-08 period. Chennai, Dec. 28 Mercator Lines, a shipping company, has seen its profits grow from a modest figure of around Rs 5.5 crore in 2002-03 to a sum in excess of Rs 165 crore in ...
New Year bashes off, but travel agents optimistic
Mumbai, Dec. 28 New Year celebrations are not looking as bad as presumed, after all. While the number of ostentatious parties might be less this year, nothing is stopping people from holidaying in near and far locations in the country as ...
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Major tourist attraction:...
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TODAY'S PICK (Latest Audio: English)
Jain Irrigation Systems (Rs 347.90): Buy
We recommend a buy in Jain Irrigation Systems from a short-term trading perspective. It is apparent from the charts of the stock that it was on an intermediate-term downtrend between early August and early December from Rs 594 to Rs ...
Day Trading Guide
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Kingfisher to slash fares from Jan 1
New Delhi, Dec. 28 Domestic flying could become cheaper in the New Year. On Sunday Kingfisher Airlines announced that it will “slash prices” on its route network in the New Year. The airline, as in the past, however, did not ...
Comex gold to consolidate, rise
Gold futures ended sharply higher on Friday helped by a weakening dollar as the US economic readings worsened and boosted the appeal for precious metals. The outlook for 2009 looks quite positive for gold. Once the monetary easing comes to ...
Gold poised to scale higher levels next year
US moves, deflation, dollar weakness may help. As we head towards the New Year, 2008 could be looked as a year that saw the gold market volatile. Gold opened around $650 an ounce to hit a record $1,032.80 in March before dropping to as low as ...
Banking on creditable lines
The Report on the Trend and Progress of Banking in India for 2007-08 has presented a credible and commendable story of improvement in banking indicators in the country. In the context of various international developments in which the banking ...
Satyam mulls dilution of promoters’ stake
Names DSP Merrill as adviser; board to meet on Jan 10. Hyderabad, Dec. 28 With pressure mounting on the management to take more action than just considering a share buyback, Satyam Computer Services has said that it is weighing options of ...
For now, bull and bear will be driven by domestic players
War talk, lull in trading, uncertainty will affect indices this week. Slowdown is rearing its head with all its ugly stickiness on the equities horizon. The market has been trying to price in negatives to form a long-term outlook for 2009 and ...
Number of Net users on the rise
Broadband penetration continues to be low. Coimbatore, Dec 28 While Asia tops in Internet usage, North America has taken the lead in Internet ...
Four anti-depressants for 2009
Strategies to cope with the economic crisis and prepare for the future. Economic depression is defined as a sustained, long downturn in one or more economies and is considered a rare but extreme form of recession. Clinical depression is defined ...
Will $ be revalued?
The cut in the interest rates by the US Fed have been so sharp in the last few months that there can be no further cut. Despite the measures to prop up the US economy, signals are not ...
New law for supervision of holding companies proposed
RBI should be given regulatory powers: Panel. New Delhi, Dec. 28 The supervision of financial conglomerates and holding companies may get a much needed boost if the recommendations of the Government-Reserve Bank of India appointed advisory ...
Ministry to speed up work on Marine Emergency Fund
Increase in marine causalities in Indian waters. Mumbai, Dec. 28 The Ministry of Shipping is planning to speed up its efforts to create a Marine Emergency Fund to be used for relief operations in the aftermath of marine casualties, including ...
Chill in north as Bay shows signs of warming up
Thiruvananthapuram, Dec. 28 Minimum temperatures are below normal by 2-4 deg Celsius over parts of central India, east India and Gujarat due to prevailing cold northerly to northwesterly winds driven in by a resolute seasonal ...
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