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3G, WiMAX spectrum to be auctioned in two phases
Lower charges for WiMAX operators; some may skip 3G bidding. New Delhi, Nov. 25 The Department of Telecom has changed its earlier decision to conduct simultaneous auction for third generation mobile and wireless broadband access ...

‘Fuel price cut decision after Assembly polls’
New Delhi, Nov. 25 With a steep fall in global crude prices, the Government is mulling passing on the benefits to the retail consumers of petroleum products. The Petroleum Minister, Mr Murli Deora, said, “The international prices ...



Slowdown worries: ...
TODAY'S PICK (Latest Audio: English/Tamil)
Bank of India (Rs 233.55): Sell
We recommend a sell in Bank of India from a short-term trading perspective. It is apparent from the charts that the stock has been on a broad sideways consolidation in the range of Rs 200 and 300 from this July. The stock tested the ...

Day Trading Guide


Chennai scores over Mumbai
ITES, BPO CENTRES. Mumbai, Nov. 25 Chennai has displaced Mumbai as the most preferred destination for ITeS and BPO companies wanting to set up delivery centres in India, according to a study done by Dun ...

‘No change in average 11th Plan growth target’
Montek sees GDP growth at 7% this year. New Delhi, Nov. 25 The Planning Commission has ruled out any immediate tinkering with the average 9 per cent gross domestic product growth target of the 11th Five-Year Plan, though the current year would ...

The WPI, PPI, CPI confusion
US inflation talk is subdued, practically absent, these days. The feeling is that the economic slowdown is so severe that businesses have no scope to raise prices. On the contrary, they must discount to be rid of their inventories. The crash ...

Market buzz on Citigroup offloading
Rumours over imminent sell offs and unchecked lists of local companies in which Citi group outfits and clients supposedly have investments have been doing rounds in the market ...

Rupee decline to continue(Latest Audio:English/Tamil)
Rupee scaled the 50-mark towards the end of last week aided by heightened volatility in equity markets. But nerves were assuaged once Citigroup’s bail-out package was announced, giving a reprieve to both Indian equities as well ...

Bay depression may intensify, to cross TN coast
Thiruvananthapuram, Nov. 25 The well-marked low-pressure area over north Sri Lanka and adjoining southwest Bay of Bengal has concentrated into a depression and lay centred 200 km southeast of Pamban and about 300 km south-southeast ...

‘IIT faculty vacancies at 30%’
New Delhi, Nov. 25 There is a 30-per cent vacancy among faculty positions in the Indian Institutes of Technology , Mr Montek Singh Ahluwalia, Deputy Chairman of the Planning Commission, said, observing that good faculty was hard to come by ...


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Markets (Nov 25)
Nifty (at close)2654.00(-54.25)
US Dollar (Buy/Sell)49.95/96
Brent crude (a bbl) Rs2,586
Gold (a gram) Rs1,199
Silver (a kg) Rs18,370


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