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Taj Tower, Trident re-opened
We can’t be knocked down, says Ratan Tata. Mumbai, Dec. 21 The glittering lights were up and guests in all their finery were back, as the Taj and the Trident officially threw open their doors to the public on Sunday, in a brave effort to ...
‘Taj repair costs to be lower than insurance cover’
Tower block opens with 65% occupancy. Mumbai, Dec. 21 The cost of repairs and renovation of Taj Mahal Palace and Towers in Mumbai, which was damaged during last month’s terror attacks, will be less than the hotel’s insurance cover of ...
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Dedicated to terror victi...
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TODAY'S PICK (Latest Audio: English/Tamil)
Aptech (Rs 80.40): Buy
We recommend a buy in Aptech from a short-term trading perspective. From the charts of Aptech it is apparent that following a steep decline from the resistance level at Rs 250, the stock found support around Rs 51 in late October (52-week ...
Day Trading Guide
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Small, medium IT cos take a harder knock
Expansion plans delayed, billing model tweaked. New Delhi, Dec. 21 Stung by the global downturn, small and medium (SME) IT companies operating in India are not only keeping a hawkish eye on purse-strings, but have also slammed the brakes on ...
Securities market offences: Panel backs SEBI on refunds
New Delhi, Dec. 21 A Parliamentary Panel has supported the view of the Securities and Exchange Board of India that the anti-money laundering law in the country should provide for the refund of proceeds that are attached in securities ...
Reduction in rates will boost home loan demand: LIC Housing
’Actual impact of latest rate cut will be felt only by next quarter’. Mumbai, Dec. 21 Heeding the Government advice, public sector banks had cut home loan rates last week. Following this, leading housing finance companies announced ...
US auto bailout fails to enthuse auto parts makers
‘Package has only helped US cos to buy time’. Chennai, Dec. 21 The US government announcing a short term loan of $13.4 billion to save its automobile industry from bankruptcy has evoked hardly any response from the auto component ...
Owning iron ore mines does not benefit steel cos much
‘Developing iron ore mines is an expensive proposition’. Chennai, Dec. 21 Ownership of iron ore mines is no great advantage to a steel company, according to Mr B. Muthuraman, Managing Director, Tata Steel Ltd. Tata Steel has owned ...
Sen and Singh: Peas of pod
Amartya Sen and Manmohan Singh have sat together on a dais many times. But the last time I saw them together was in early 1971 at a Delhi School of Economics (DSE) seminar. It was a January evening, the room was as cold as such rooms can get, ...
Focus shifts to Q3 results, moves of promoters
Research on corporate governance by Noble throws up ‘worrying’ trends. The last week of the calendar year, truncated by holiday, may not throw up a negative surprise. This week the near-term futures and options contract settlement is ...
Gold’s fate linked to dollar movement
Currently, poor demand outlook remains the top of market concerns. Mumbai, Dec 21 Even 2008 draws to a close, it is becoming increasingly clear that all commodities market participants - traders, investors and others – will remember the ...
Gold futures to test support levels
Gold futures ended sharply lower on Friday as the dollar rebounded and oil futures declined as global recession curbed demand decreasing the precious metal’s allure as a hedge against inflation. The recessionary fears are yet to show any ...
Rlys woos pvt investment in new lines
To attract private investment into new rail link constructions, Indian Railways has finalised a policy with two ...
‘Contract logistics’ gaining ground
The consolidation in the global logistics industry continues to influence the market structure, according to the Unctad Review of Maritime Transport 2008, published recently. Over the past 10 years, as the report points ...
Fog envelops plains as skies clear up in northwest
Thiruvananthapuram, Dec. 21 A strong anti-cyclone moving in from West Asia to India’s northwest border would be the significant atmospheric feature with a major say on the unfolding regional ...
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