The Hindu Business Line : Thursday, February 05, 2009

NPCIL signs pact with Areva for setting up reactors
Two European Pressurised Reactor units to come up in Maharashtra. New Delhi, Feb 4 Marking the end of an over three-decade-long embargo on India’s access to global nuclear technology, state-owned Nuclear Power Corporation of India Ltd ...

Slowdown forces Nasscom to lower export growth target this fiscal
New Delhi, Feb. 4 India’s IT and BPO export revenue would grow only 16-17 per cent during FY09 to $47 billion as against close to $50 billion estimated at the beginning of the fiscal. The cut in annual forecast by Nasscom comes on the ...

Isolation ends: Mr S.K. J... TODAY'S PICK (Latest Audio: English/Tamil)
Canara Bank (Rs 179.75): Sell
We recommend a sell in Canara Bank from a short-term trading perspective. It is apparent from the charts of Canara Bank that it was on a medium-term up trend from its October low of Rs 136 to January peak of Rs ...

Day Trading Guide

Oil cos get Rs 21,942-cr bonds
New Delhi, Feb. 4 The Centre has issued oil bonds amounting to Rs 21,942 crore to three oil marketing companies. The special bonds, which carry a coupon of 6.90 per cent and maturity in 2026, have been issued as compensation towards ...

Star Aviation to take off in April, cover tier-II cities in South
Chennai-based Star Aviation is to launch its operations in mid-April, providing air connectivity to tier-II cities mostly in ...

Sponsorship deals picking up pace
IPL SEASON TWO. New Delhi, Feb. 4 In the run-up to Season Two of IPL, sponsorship deals have started picking up. Auction of overseas players for the second season takes place in Goa on February 6, following which the brand strength of teams will ...

Tatas make efforts to weather the storm
Four group cos post net loss for Q3; another seven see profit decline. Mumbai, Feb. 4 “We had the worst scenario in the third quarter and I hope not to see this again in my life ...

More than 5 lakh jobs lost in Q3: Govt survey
No plan to lower EPF interest rate. New Delhi, Feb. 4 At least half a million jobs have been lost in the country during the October-December quarter, according to the first comprehensive official survey of the employment fallout of the economic ...

Slowdown prompts cos to adopt Linux software
Move aimed at cutting costs. Bangalore, Feb. 4 The economic slowdown is prompting companies to migrate even their mission critical systems to open source platforms such as Linux, a move that would help them cut costs, consolidate and run their ...

Oil refiners not out of the woods yet
IOC, HPCL, BPCL seek Rs 10,000 cr more from Govt. Mumbai, Feb. 4 The oil bonds may have come to the rescue of the Big Three – Indian Oil (IOC), Hindustan Petroleum Corporation (HPCL) and Bharat Petroleum Corporation (BPCL) – in the ...

No clarity on joining date for HCL’s campus recruits
Company maintains hiring is on track. Mumbai, Feb. 4 Hundreds of campus recruits selected by HCL Technologies in their penultimate year of college (in 2007), have hardly a clue as to when they can join the ...

Cross-border funds access remains limited
Foreign lenders averse to risk; cost of funds high. Bangalore, Feb. 4 Access to external commercial borrowings (ECB) remains choked off for Indian corporates, despite the Reserve Bank of India’s removal of the interest ...

Centre could have resorted to white sugar imports
Mumbai, Feb. 4 Domestic sugar prices have been on a steady rise for several months now, buoyed by a known 20 per cent decline in overall acreage and over 55 million tonnes decline in aggregate cane output ...

Shipping companies’ Q3 earnings hit by slowdown
Fear demand will remain subdued this quarter. Mumbai, Feb. 4 Recessionary winds blowing across the globe appear to have taken the wind out of the sails of Indian shipping companies in their third quarter ...

Sporadic rains over northwest may last a while
Thiruvananthapuram, Feb. 4 Seasonal ‘weather guard’ systems changing positions across the Pakistan-Afghanistan border is what has triggered a shift in prevailing climes over northwest ...