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Market play: Mr C.B. Bhav...
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TODAY'S PICK (Latest Audio: English/Tamil)
Alphageo (Rs 108.05): Buy
We recommend a buy in Alphageo (India) from a short-term perspective. It is apparent from the charts of Alphageo that it has been on a long-term downtrend from its life-time high of Rs 1,078 recorded in early January. Since then, the stock ...
Day Trading Guide
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SEBI has no plans to stop short selling: Bhave
Suggests cross-listing between India, Malaysia. Mumbai, Nov. 20 Capital markets regulator the Securities and Exchange Board of India has no intention to stop short selling in India, as there is no evidence that short-selling is driving the ...
Importers’ $ demand puts rupee under pressure
‘Trade credit has substantially contributed to forex drawdown’. Chennai, Nov. 20 The rupee is likely to depreciate further in the coming months because of demand for dollars from importers, according to Dr Saumitra Chaudhuri, noted ...
Rupee at all-time low
The rupee continued to slip against the US dollar, though intervention from the Reserve Bank of India in the market helped reduce the ...
Even as WPI inflation falls, CPI inflation rises
New Delhi, Nov. 20 Even as inflation rates, based on the official wholesale price index (WPI), are coming down, it does not seem to be percolating down to the ...
Cheaper fuel pulls down inflation rate to 8.9%
Wholesale Price Index of all commodities at 235. New Delhi, Nov 20 The annual Wholesale Price Index-based inflation rose 8.9 per cent during the week ended November 8, marginally below the previous week’s annual rise of 8.98 per cent, ...
Vehicle dealers fear the worst as inventories pile up
Manufacturers work out ways to keep them afloat. Bangalore, Nov. 20 Vehicle dealers, including those who sell passenger cars across the country, fear they may be forced to start surrendering their dealerships if sales continue to slow down for ...
‘…We all fall down’
The global meltdown is deeply entrenched and no country is being spared the fall out. As Haberler said in Prosperity and Depression (1937), the seeds of a depression are laid in the preceding boom; thus, the present meltdown is the retribution ...
Public sector cos tapping bond market for funds
Pricing, longer lock-in are key issues with ECB route. Bangalore, Nov. 20 Public sector entities are increasingly tapping the domestic bond markets for funds with External Commercial Borrowing (ECB) window ...
‘Satyam in good fit to face challenges’
New Delhi, Nov. 20 After years of posting stellar growth rates, it is now time for the $40 billion Indian IT industry to re-adjust expectations as its traditionally strong export markets – the US and Europe undergo a prolonged ...
Hindustan Unilever standing tall in the storm
Stock gains 9% while index plummets 58%. The Nifty sports a decline of over 58 per cent so far in 2008 and a few index stocks have even tumbled by 80 per cent or more. But there’s one stock that has actually delivered a gain of 9.5 per ...
Stocks with Citigroup tag face selling pressure
Traders unwind them on fear of huge sell-off. Mumbai, Nov. 20 The shares of Indian companies in which Citigroup has holdings fell on Thursday on news of large job-cuts by the global company, the appointment of a new CEO and rumours of a stake ...
ONGC, partners bag 20 blocks under NELP-VII
BHP Billiton consortium with seven blocks is second biggest winner. New Delhi, Nov. 20 Oil & Natural Gas Corporation Ltd (ONGC) and its partners have bagged 20 out of the 44 blocks that have been awarded under the seventh round of the New ...
Fly cheaper as agents do away with transaction fee
Airlines told to revert to commission system. Flying from and within India could become marginally cheaper soon. This follows the Travel Agents Association of India (TAAI) deciding on Thursday to discard the fixed transaction fee which is ...
Cos use case study to woo talent from campus
Winners get cash rewards and pre-placement offers. New Delhi, Nov. 20 Companies are hunting for fresh ideas from B-schools using case study contest as a ...
Easterly wave tightens grip over peninsular weather
Thiruvananthapuram, Nov. 20 Active northeast monsoon conditions prevailed over coastal Tamil Nadu on Thursday as an itinerant easterly wave firmed up its grip over peninsular weather. The wet weather over the peninsula may hold for another ...
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