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RIL may be allowed to sell diesel in domestic market
Changes in tax norms under study; differential pricing for industrial users likely. New Delhi, Aug. 19 With the diesel demand showing an 18-per cent growth and oil companies depending on imports to bridge the gap, the Government is considering ...
Arcil forays into retail NPA business
Mumbai, Aug. 19 Asset Reconstruction Company (India) Ltd (Arcil), the leading collector of distressed assets in the country, has started buying non-performing retail loans,including home ...
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Dealing with diesel deman...
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TODAY'S PICK (Latest Audio: English/Tamil)
Balrampur Chini Mills (Rs 96): Buy
We recommend a buy in Balrampur Chini Mills from a short-term horizon. It is evident from the charts that the stock has been on a medium-term up trend from its early July trough at Rs 68, forming higher peaks and higher troughs. While trending ...
Day Trading Guide
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Skill development body takes shape
Govt-private sector initiative may take off on Sept 1. New Delhi, Aug. 19 The private sector has lent its unequivocal support for the establishment of the National Skill Development Corporation (NSDC). They have agreed to take 51 per cent ...
Star to exit Balaji Tele
Agrees to buy-out of 26% stake by Ekta Kapoor, family. New Delhi, Aug. 19 The Star Group and Balaji Telefims, makers of some of biggest television soaps, have decided to terminate their agreement under which Star held a 25.99 per cent stake in ...
L&T close to picking equity in Australian, Indonesian coal mines
Increases focus on the power sector. Chennai, Aug. 19 Larsen & Toubro Ltd is close to buying equity stake in coal mines in Australia and Indonesia. ...
Reliance Big TV targets 40% share of DTH pie
ADA Group also set to launch its IPTV services. Mumbai, Aug. 19 Reliance Big TV, a wholly-owned subsidiary of Reliance Communications is targeting a 40 per cent share of the DTH market in the next 12 months. ...
Storage level in major reservoirs improves
Monsoon revival helps; situation seen improving further. Chennai, Aug. 19 The revival of monsoon since the last week of July has helped improved the water storage level in 81 major reservoirs in the country but it is still lower compared with ...
Technical Analysis: Rupee nears the 44 mark (Latest Audio: English/Tamil)
The $5.5 billion decline in the foreign exchange reserves for the week ended August 8 appears to have jolted the Reserve Bank of India in to inaction. To put this figure in perspective, the decrease in forex reserves since April 1 this year is ...
Mutual funds play it safe with their cash
Waiting to deploy money at ‘appropriate’ levels. Mumbai, Aug 19 Mutual funds seem to be playing safe with their cash as they continue to sit on piles of it even as the equity markets exhibited a marked improvement in July on the ...
Car buyers will have more to choose from
Slew of models in the pipeline; existing ones being upgraded. Hyderabad, Aug. 19 Buying your first car or the next one, you are in for one of the most exciting phases in the Indian automotive sector. Practically all manufacturers are lining ...
Bay waters warming up for fresh system
Thiruvananthapuram, Aug. 19 The eastern end of the monsoon trough is still scouring the waters of the north-east Bay of Bengal for signs of a possible cyclonic circulation or ‘low’ even as the western end continued to run close to ...
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