The Hindu Business Line : Friday, April 04, 2008

Cabinet panel nod for IT investment regions
In a bid to fuel the growth of electronics hardware manufacturing in the country, the Government on Thursday approved a policy to create information technology investment regions (ITIRs). These regions are specifically-notified zones ... More

SEBI allows institutional clients to have direct market access
Brokers’ manual intervention is not needed More

MRTPC issues notice to Airtel, Vodafone & Idea Cellular
Investigation reveals cartelisation More

Sharp correction likely in vegetable oil prices
‘Splash and dash’ scam could end the bull run More

Hailstorm threat to standing wheat crop
Thiruvananthpauram, April 3 The churn in weather in north and northwest India has tossed up the threat of hailstorm to standing rabi crop, especially wheat, which has entered the harvesting stage. As of now, hailstorm is the only ... More

Cairn mulls foray into city gas distribution
Collaboration with GAIL on the cards More

Infrastructure sector posts 8.7% growth in Feb
New Delhi, April 3 High growth in the production of coal, power and cement pulled up the Index of Industrial Production (IIP) for infrastructure to 8.7 per cent in February 2008 as against 7.6 per cent in February 2007, reviving hopes that ... More

BHEL net profit up 17%; turnover tops Rs 20,000 cr
Firming up joint venture with Nuclear Power Corporation More

Volumes may migrate to offshore markets
Higher incidence of CTT More

Less piracy, more jobs, says study
Pune, April 3 Reducing software piracy in Asia by just ten percentage points over the next four years could well see 4,35,000 new jobs, $40 billion in economic growth and $5 billion in tax revenues above the current projections. In ... More

2 US Senators seek H-1B visa usage details from IT cos
New Delhi, April 3 Turing the heat on the H-1B visa debate, US Senators - Mr Dick Durbin and Mr Chuck Grassley - have shot-off letters to top 25 H-1B visas users — including Infosys, Wipro, TCS and Satyam – seeking detailed ... More

Deora urges PM to cut customs duty on crude oil
Oil firms incurring revenue loss of about Rs 450 cr a day on fuel sales More

COMMODITY COMMENTARY
Why blame bio-fuels for higher food prices
Govt must work towards achieving real self-sufficiency More

TODAY'S PICK (Latest Audio: English | Tamil)
Rolta India (Rs 289.45): Buy
We recommend a buy in Rolta India from a short-term perspective. The charts of Rolta India show that its medium-term downtrend, which began in early January from the resistance level of Rs 387 ended recently. On April 3, the stock conclusively ... More

Day Trading Guide
As long as the stock trades above Rs 1,500, the outlook remains positive. We recommend a buy.L&TWe reaffirm our sell recommendation in this counter for the day. ONGCThe ... More