The Hindu Business Line : Thursday, February 19, 2009

Satyam board seeks CLB nod to induct strategic investor
Wants to allot pref shares, raise authorised share capital. New Delhi/Mumbai, Feb. 18 The Government-appointed board of Satyam Computer Services Ltd on Wednesday sought the Company Law Board’s nod to induct a strategic ...

Rupee breaches 50 against dollar
Mumbai, Feb. 18 The rupee on Wednesday breached the psychologically crucial level of 50 a dollar in intra-day trade, losing more than a rupee in the last two trading ...

The cu... TODAY'S PICK (Latest Audio: English/Tamil)
Bajaj Auto (Rs 496.50):Buy
We recommend a buy in Bajaj Auto with a short-term trading horizon. It is evident from the charts of Bajaj Auto that it has been on an intermediate-term uptrend from its all-time low of Rs 294, recorded in early December. Since then, the ...

Day Trading Guide

Fewer tourists, more sops
Airlines, hotels tie up to roll out red carpet. New Delhi, Feb. 18 With foreign tourist arrivals during January this year declining by over 100,000 as compared with the previous year, leading airlines and hotel chains have come together to woo ...

Centre grants duty credit for raw cotton exports
Concessions to be effective from April 1 , 2008. New Delhi, Feb. 18 In an apparent move to revive exports in the face of declining global prices, the Centre has granted Vishesh Krishi and Gram Udyog Yojana (VKGUY) benefits to raw cotton ...

Will IPL have its way with ad rates?
SLOWDOWN BLUES. Mumbai, Feb. 18 Exercising caution in times of downturn, advertisers are wary about loosening their purse strings for IPL Season ...

Commercial paper issuances by cos dip on economic slowdown
Kolkata, Feb. 18 The issuance of commercial papers (CP) by corporates is on the decline, falling by about 10-15 per cent on a month-on-month basis beginning ...

DoT for amending TRAI board selection criteria
To seek Cabinet nod on more operational freedom for the regulator. New Delhi, Feb. 18 With just under two months remaining for the current telecom regulator’s tenure to expire, the Department of Telecom has proposed to amend the criteria ...

Oil companies stare at losses on petrol, LPG
Losses on LPG mount to Rs 79 a cylinder. Mumbai, Feb. 18 Barely weeks after the Centre slashed prices of petrol, diesel and liquefied petroleum gas (LPG), the public sector trio of Indian Oil Corporation (IOC), Hindustan Petroleum Corporation ...

TRAI proposes periodic audit of telecom players
More transparency in revenue reporting required. New Delhi, Feb. 18 The Telecom Regulatory Authority of India has suggested that integrated telecom players, who offer a whole range of services, should be asked to submit the break-up of income ...

Gradual rise seen in mercury over North India
Thiruvananthapuram, Feb. 18 Minimum and maximum temperatures would see a gradual rise over many parts of northwest, west and central India from Thursday, according to India Meteorological Department ...