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Car, two-wheeler sales fall sharply in Nov
Automobile stocks take a beating on the BSE. As sales figures began trickling in on Monday, the 14 stocks on the BSE crashed. The auto index fell by 108 points and ended up as the second worst performer of the day after ...
Market opens up, ends lower on weak cues
Mumbai, Dec. 1 After opening positive, the Sensex and the Nifty changed direction and closed more than two per cent lower on Monday following a spate of bad news from the domestic economy and the global ...
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Under tight seal: ...
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TODAY'S PICK (Latest Audio: English/Tamil)
HCL Technologies (Rs 135.10): Sell
We recommend a sell in HCL Technologies for investors with a short-term horizon. It is apparent from the charts of HCL Technologies that it has been on a medium-term downtrend from its September peak of Rs 261, forming lower peaks and lower ...
Day Trading Guide
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LIC stake in 3 public sector banks tops 5%
Buys up heavily when stock prices nosedived in Oct-Nov. Mumbai, Dec.1 Life Insurance Corporation of India has bought heavily into banking stocks when markets plunged sharply in October and November, data submitted to stock exchanges ...
Reliance Comm revenue reporting comes under Central vigilance scanner
ALLEGED IRREGULARITY. New Delhi, Dec. 1 The Central Vigilance Commission has asked the Department of Telecom to investigate alleged irregular revenue reporting by Reliance ...
Maharashtra Deputy CM Patil resigns
Mumbai, Dec. 1 Mr R.R. Patil, Deputy Chief Minster and Home Minster of Maharashtra, resigned on ...
Banks facing overdues on realty, home loans
Efforts on to stem potential asset delinquencies. Banks have begun stress testing their realty assets as delinquencies in loan service payments ...
Foreign majors keen on joining hands with NPCIL-BHEL venture
For supply of turbine gensets for nuclear plants. New Delhi, Dec. 1 Alstom of France, Skoda JS of the Czech Republic, OJSC Turboatom of Ukraine and Siemens of Germany are in the fray for partnering with the proposed BHEL-NPCIL joint venture for ...
Rupee swings more worrisome than slowdown for Infosys
Bangalore, Dec. 1 The mid-September meltdown, that spelt doom for some of the largest financial institutions, has in a single unanticipated stroke changed the way the world is, but much of the impact on the large Indian IT services providers ...
Exports dip 12% at $12.82 b in October
Overall growth at 23.7% in Apr-Oct ‘08. New Delhi, Dec. 1 Although India’s export juggernaut slowed down distinctly in October 2008 by 12 per cent in dollar terms amid the slowdown of the global economy, overall export growth during ...
Non-domestic LPG prices cut by Rs 240-270 a cylinder
New Delhi, Dec. 1 Private and public players in the non-domestic liquefied petroleum gas (LPG) business have passed on the benefit of reduction in international product prices to ...
Insiders on buying spree; little selling last fortnight
L&T, Gitanjali Gems witness regular cherry picking. Mumbai, Dec. 1 When equities are down, it is a good time to buy, not only for the public and for institutions but also for the company insiders who know their own entities’ strengths ...
Diversified equity schemes outperform benchmark indices
FMCG funds record impressive returns. Mumbai, Nov. 1 Diversified equity scheme returns have outperformed the benchmarks (the BSE Sensex and the NSE’s S&P CNX Nifty) and most other category funds in the past ...
Additional World Bank loan of $1.5 b by March, says Chidambaram
Other half of $3 b loan by June. New Delhi, Dec. 1 In view of the anticipated weakness in private capital flows, India has been obliged to go back to its old benefactor, the World Bank. It expects to get $1.5 billion out of the proposed ...
Corporates re-pricing deposits with banks
Bangalore, Dec. 1 With short and medium-term deposit rates remaining high, corporates are beginning to terminate past deposits and reinvesting them at ...
Bourses await FMC nod to resume futures in 4 commodities
‘Procedures have to be followed after the ban has lapsed’. Mumbai, Dec. 1 The ban on futures trading in four agriculture commodities – soy oil, channa, potato and rubber – lapsed on Monday. Commodity market regulator, ...
The aftermath is even more terrifying
Even as we, the citizens of India, resolve never to forget the bloody and petrifying 59-hour siege on Mumbai and take a pledge to compel those responsible for our security — not only politicians but also our intelligence agencies and ...
Ford India slips back into red in 2007-08
Other foreign car makers report profit. Chennai, Dec. 1 Ford India Pvt Ltd is back in the red in 2007-08, after posting a profit the previous year for the first time since it started operations here nearly a decade ago. Other multinational car ...
Terror strikes see news channels score over GECs
English channels keep ads away during telecast. Mumbai, Dec. 1 News channels scored over general entertainment channels (GECs) on November 27 and 28 for their telecast of the terrorist attacks in Mumbai. According to aMap ratings, it was the ...
IMD sees fresh buzz in southeast Bay
Thiruvananthapuram, Dec 1 India Meteorological Department (IMD) has notified the possibility of a fresh low-pressure area springing up over southeast Bay of Bengal by Wednesday and its subsequent westward movement (towards south-east ...
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