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‘Banks may see rise in bad loans’
Liquidity is a big issue with credit demand set to grow: SBI chief. Mumbai, Nov. 6 Mr O.P. Bhatt, Chairman, State Bank of India, has said that he expects no slowdown in credit growth in the current fiscal, but banks may see a rise in their bad ...
Promoters take advantage of rights issues
Hike stakes substantially by picking up unsubscribed portions. Chennai, Nov. 6 Investors have accorded a lukewarm response to rights offers from companies seeking to fund their expansion plans. But promoters appear to hold a more optimistic ...
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Mr O.P. Bhatt, Cha...
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TODAY'S PICK (Latest Audio: English/Tamil)
Chambal Fert (Rs 43.75): Sell
We recommend a sell in Chambal Fertilisers and Chemicals from a short-term perspective. It is evident from the charts that this stock has been trending downwards since June high of Rs 96 (52-week high), forming lower peaks and lower ...
Day Trading Guide
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No need to get panicky on slowdown: Nasscom
E&Y report pegs animation, gaming industry at $2.2 b by 2012. Hyderabad, Nov. 6 Don’t talk of gloom and doom, Mr Som Mittal, President of Nasscom, asks all those who refers to the slowdown and its impact on the Indian IT, ITES, ...
PSU insurers unfazed by shrinkage of aviation biz
Look to higher solvency margins, better focus on retail lines. Bangalore, Nov. 6 Public sector insurance companies’ liabilities are expected to shrink by about Rs 1,700 crore this year with the termination of ...
Costlier primary items push up inflation rate
Wholesale Price Index of all commodities at 238.5. New Delhi, Nov. 6 The annual Wholesale Price Index-based inflation rose 10.72 per cent during the week ended October 25, marginally above the previous week’s annual rise of 10.68 per cent, ...
‘High insurance premium, liquidity crunch hit exporters’
Post-shipment credit for 270-365 days urged. Hit by the slowing demand in several overseas markets such as the US, Europe and Japan, Indian exporters are facing a double whammy of sorts with problems including higher premium for insurance cover ...
Tata Motors, Ashok Leyland witness sharp slide
Production cut plans, lower sales affect sentiment. Mumbai, Nov. 6 The stock price of auto companies Tata Motors and Ashok Leyland dipped sharply on Thursday as the companies said they would cut production to adjust to the fall in demand and ...
‘Inventory build-up hurting auto industry’
Call for creating ‘smart highways’. Chennai, Nov 6 The auto industry has been caught unawares with high levels of inventory , said Mr R. Seshasayee, Managing Director of Ashok Leyland and past President of ...
More banks cut lending rates
Mumbai, Nov. 6 More banks cut their benchmark prime lending rates following infusion of liquidity and easing of rates by the Reserve Bank ...
Outsourced product development firms see no slowdown
Gearing to meet anticipated surge in business following economic recovery. Bangalore, Nov. 6 Outsourced product development (OPD) firms that build software products for other companies are largely unaffected by the current turmoil and are ...
Capital markets may rebound faster than anticipated: Deloitte
Short-term outlook less pessimistic in India. Hyderabad, Nov. 6 The Indian economy and capital markets are likely to rebound much faster than most people anticipate, according to global consultancy firm, Deloitte Haskins ...
DoT asks operators to monitor radiation levels from cell towers
New Delhi, Nov. 6 The Department of Telecom has asked mobile operators to give self certification on the amount of radiation emitted from various cellular base stations across the country as per international radiation ...
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