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Govt cuts excise duty, offers sops for key export sectors
Stimulus package to boost output, counter slowdown. New Delhi, Dec. 7 In a bid to minimise the impact of the global economic slowdown on the Indian economy, the Government on Sunday unveiled a “multi-dimensional” fiscal stimulus ...
Cars, 2-wheelers likely to get cheaper
Mumbai, Dec. 7 Cars, trucks and two-wheelers are set to become cheaper following the four percentage point cut in Cenvat announced by the Government on ...
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`Multi-dimensional': The ...
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TODAY'S PICK (Latest Audio: English/Tamil)
Bartronics India (Rs 66.10): Buy
Investors with a short as well as medium-term perspective can consider buying the shares of Bartronics India. It is evident from the charts of Bartronics that after penetrating its key support level of Rs 140 during early October, its ...
Day Trading Guide
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IOC-BRPL merger may be approved soon
Kolkata, Dec. 7 After IBP it is now the turn of the Assam-based Bongaigaon Refinery & Petrochemicals Ltd (BRPL) to be merged with parent company IndianOil. According to senior officials of both the companies, the Department of ...
3 booster doses: Will the economy respond?
Mumbai, Dec. 7 The timing couldn’t have been better. A dispirited economy whose financial heart was savaged by 10 youths, filled with irrational hate for people they did not know, needed comforting. First, the reshuffle in Mumbai and ...
Taj GVK Hotels to go ahead with investments plans
To open Taj Mount Road soon; mulls 10 Ginger properties. The economic slowdown provides opportunity to make fresh investments in the hospitality sector and be ready with additional capacity when the turnaround happens, according to Mr G.V.K. ...
Staff verification norms to be tightened
Bangalore, Dec. 7 Shaken by the magnitude of the terror that struck the two hotels in Mumbai, companies across industries would step up employee verification procedures, especially for contract employees and those employed in ...
Tech cos beef up security; conduct evacuation drills
Hyderabad, Dec. 7 “Got a pass? Wear it. Don’t let other’s sneak into your office.” This message, prominently displayed on the campus of a leading IT major here, conveys the increased focus on security by IT companies ...
Hardware sector to pass on tax relief gains
‘Can quantify cuts only after getting details of Govt notification’. New Delhi, Dec. 7 The IT hardware industry said on Sunday that it is awaiting the detailed notification of Government’s announcement on Cenvat rate cut, to ...
Gold futures likely to consolidate
Gold futures, ended sharply lower on Friday as a bleak US jobs report surprisingly led to a stronger dollar eroding the appeal of the precious metals as an a hedge in times of uncertainty, triggering liquidation of all asset classes ...
Benchmarks could see a boost in sentiment
But the key question is sustainability of rally. Dalal Street key indices may go up on sentiment boosts and short coverings early this week, reacting to reduction in retail petroleum products’ prices and monetary signals from the central ...
Stimulus package: Markets to see muted response
Some cheer for manufacturing companies and disappointment for infrastructure players. That, in short, may capture the immediate market reaction to the monetary and fiscal stimulus package announced by the Government over the ...
Auto parts makers see limited impact from GM, Ford woes
‘Exposure to US majors is 3-4%, default in payments unlikely’. BL Research Bureau Despite auto and auto component stocks being bogged down by fears of global auto giants – General Motors, Ford and Chrysler – going belly ...
Cyclone threat off for TN as 07B weakens
Thiruvananthapuram, Dec. 7 The deep depression ‘07B’ over southwest Bay of Bengal weakened into a depression prior to landfall over south-central Sri Lanka on ...
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