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Oil cos issue notice to airlines on aviation fuel dues
‘Payment must be made by Oct 22 for getting supplies on credit basis’. New Delhi, Oct. 12 Faced with a liquidity crunch, the public sector oil retailing-cum-marketing companies have asked domestic airlines to clear their dues for ...
Equity MFs look to trim their cash positions
Held Rs 28,000 cr in cash in September. Rapidly tumbling stock prices and high volatility have prompted quite a few equity fund managers to stay on the sidelines of the market and hold sizeable cash positions in recent months. A rough ...
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Tamil entry: Mr Punit Goe...
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TODAY'S PICK (Latest Audio: English/Tamil)
ACC (Rs 541.50): SELL
We recommend a sell in ACC from a short-term trading perspective. It is clearly evident from the charts of ACC that it was on a medium-term uptrend from its July low of Rs 462 (a 52-week low) to early September high of Rs 659. However, ...
Day Trading Guide
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Blue chips lose ‘weight’ in Sensex
The pecking order of blue chips in the Sensex has undergone a change with some of the heavyweights losing their market capitalisation and weightage in the benchmark index in the last ...
Bumpy ride looms large on lack of confidence
Value buying unlikely to emerge soon. This week Dalal Street is unlikely to see emergence of any serious buying. The fear psychosis that has gripped the market would not let it happen. On the contrary, selling pressure may not abate until ...
Kudos in order, as also more work
The reverberations of the US financial collapse on the various economies of the world have been far-reaching. Particularly, we are witnessing the collapse of leading banks in Europe. This has led many observers to reflect on the comparative ...
PC, laptop prices go up 4-8% as rupee slumps
Peripherals too become costlier due to dollar sting. New Delhi, Oct. 12 Those looking to buy PCs and laptops should prepare to fork out roughly Rs 1,500 to Rs 2,000 ...
Acquisition is a responsibility, not a victory: HCL chief
New Delhi, Oct. 12 For a man who is scripting the largest and one of the most talked-about acquisition in the history of Indian IT industry, Mr Vineet Nayar, the CEO of HCL Technologies, appears relatively relaxed as he sits in his office a ...
Understanding liquidity crunch
The liquidity crunch in Indian markets is largely a localised and short-term phenomenon, triggered by factors such as advance tax payments, regulatory intervention in forex markets to stabilise the depreciating rupee, and so ...
Vegoil price crash threatens Centre’s subsidised sale
Doubts over viability of the scheme in the new bear market situation. New Delhi, Oct 12 The crash in open market vegetable oil prices, in line with international trends, is threatening the viability of the Centre’s newly launched scheme ...
Gold may trade in the range of $800-950
Likely to face volatile conditions due to diverse factors. What a week it was – a real bolt from the blue. Notwithstanding the $700 billion US bailout package, the global financial crisis seemingly deepened. Stock markets across the world ...
‘Dropping load factors, a big concern’
During his recent visit to India, the Chief Executive Officer and Director-General of the Geneva-based International Air Transport Association (IATA), Mr Giovanni Bisignani, met with mediapersons from a select ...
Economic slowdown rattles demand for base metals
Mumbai, Oct 12 The grim global economic outlook kicked in by the US financial crisis may take a heavy toll on demand for base metals such as aluminium, copper, nickel, lead ...
PSBs step in ‘cautiously’ as pvt banks trim vehicle lending
Kolkata, Oct. 12 Public sector banks are planning to increase their vehicle finance portfolio in a ‘cautiously aggressive’ manner in order to fill the vacuum left by some private banks that have trimmed their exposure in this ...
Management graduates need to change focus
The crisis in investment banks should spur B-school graduates to imbibe practices that will serve them well in the long run. A management graduate can be described as one who has acquired knowledge and developed skills in a number of areas that ...
New gadgets to offer more freedom to TV viewers
New Delhi, Oct. 12 The Direct-to-Home segment is gearing up for a new phase of TV viewing with digital video recorders (DVRs) or personal video recorders that will free consumers from having to watch television at broadcaster-ordained ...
Will reservation moves bear fruit?
In recent times, there has been considerable debate on reservation for OBCs in Central Universities, including the IITs. It has been reported that the HRD Ministry had issued as “Minutes” that the Standing Committee of the IIT ...
Monsoon tail wags in south peninsula
Thiruvananthapuram, Oct 12 Monsoon may have exited almost the entire northwest and central India, but the withdrawal line has run into a tail wagging merrily in the ...
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