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P-Notes back on SEBI agenda
Board meeting tomorrow; relook at certain restrictions on FIIs likely. New Delhi, Aug. 11 Participatory Notes are once again on the agenda of the capital market regulator, with the Securities and Exchange Board of India (SEBI) set to begin a ...
Idea may take Rs 350-cr hit on Spice equity buy
DoT won’t refund fee for surrender of licences. New Delhi, Aug. 11 Aditya Birla Group-backed Idea Cellular may lose as much as Rs 350 crore if it wants to fructify its proposed acquisition of equity stake in Spice Communication. ...
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Tackling crisis:Lo...
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TODAY'S PICK (Latest Audio: English/Tamil)
Television Eighteen India (Rs 249.1): Buy
We recommend a ‘buy’ in Television Eighteen India from a short-term horizon. From the charts of the stock we note that its intermediate-term downtrend, which began from the early January high of Rs 599 ended at the 52-week low of Rs ...
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Chaturvedi panel favours differential pricing for diesel
Moots auto fuel hike, phasing out of cooking fuel subsidy. The high-powered committee on financial position of oil companies headed by Mr B K Chaturvedi, while proposing a constant price hike on auto fuels over a period, has also suggested a ...
Bindra strikes more than gold
New Delhi/Mumbai, Aug. 11 When Abhinav Bindra comes home with India’s first individual Olympics gold medal, he can look forward to the adulation of a nation. ...
SBI hikes PLR to 13.75%
Mumbai, Aug. 11 State Bank of India, the country’s largest bank, has hiked its Benchmark Prime Lending Rate by one percentage point from August 12. ...
Car sales dip in July; 2-wheeler sales up 19%
Passenger car and utility vehicle sales in the country marginally dipped while commercial vehicle sales showed moderate growth in July. ...
L&T expects defence biz to grow with change in procurement norms
Overseas suppliers to have value addition from India cos. Chennai, Aug 11 Larsen & Toubro Ltd expects to benefit from the changes to the defence procurement procedure that will come into effect shortly, with more manufacturing ...
Set up bourse for small cos: Knowledge panel
New Delhi, Aug. 11 The National Knowledge Commission, chaired by Mr Sam Pitroda, today suggested establishing a stock exchange for small companies, and creating instruments to enable the firms to raise initial ...
Public general insurers for total capital rejig
With the Group of Ministers (GoM) due to meet this week on amendments to the insurance statute, the four public sector insurance companies have made out a case for complete capital ...
Products sector has huge growth potential: Nasscom
Annual revenue seen at $12 b by 2015; roadmap being drawn. Bangalore, Aug. 11 Indian software product companies would have aggregate annual revenue between $9.5 billion and $12 billion by 2015, compared with $1.4 billion in 2008, according to ...
KEC International setting up 400 telecom towers in rural areas
Significant growth in demand seen. Mumbai Aug. 11 KEC International, part of the Rs 13,500-crore RPG Group, engaged in laying of power transmission lines on EPC basis globally, is broadening its business canvas to get into installation of ...
Depression weakens, but rains hang around
Thiruvananthapuram, Aug 11 Sunday’s depression over north interior Orissa underwent two rounds of weakening and lain as a conventional ‘low’ over east Madhya Pradesh and neighbourhood on Monday. ...
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