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Auto sales zoom in Feb, but cos wary of bumps ahead
Commercial vehicles showing signs of revival. Mumbai, March 2 The auto sector had cause for cheer in February with sales of cars and two-wheelers on the ascent. The commercial vehicle sector too is showing signs of revival with market leader ...
LS polls in 5 phases
New Delhi, March 2 The Chief Election Commissioner, Mr N. Gopalaswami, today announced that the five-phase polling to elect the 15th Lok Sabha will begin on April ...
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Poll mode: The Chief Elec...
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TODAY'S PICK (Latest Audio: English/Tamil)
Zee Entertainment (Rs 100.10): Sell
We recommend a sell in Zee Entertainment Enterprises from a short-term horizon. It is apparent from the charts of the stock that it has been on an intermediate-term downtrend from its September 2008 high of Rs 239. The stock has been ...
Day Trading Guide
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Rupee at new low; may remain weak
Mumbai, March 2 The rupee continued its free fall against the dollar on Monday and inched close to the 52-level on the back of sustained demand for the US currency, which has been gaining strength in the international currency ...
Five out of 10 bids have identical corporate details
New Delhi, March 2 Of the 10 bids received by Bharat Sanchar Nigam Ltd to become its franchisees for offering WiMax-based broadband services, five bids have come from companies with identical corporate ...
Jan exports nosedive 16%; imports slump 18%
Trade deficit narrows to $6 billion. The foreign trade figures for the first month of this calendar year make a dismal reading, as both exports and imports nosedived sharply by 16 per cent and 18 per cent respectively in dollar terms, as a ...
16 RPL shares to fetch one of RIL
‘Merger for growth, not tax savings’. Reliance Petroleum (RPL) will be merged with Reliance Industries (RIL) with the boards of both companies giving the go-ahead to the move on Monday. The exchange ratio is one RIL share for every ...
Creditworthy cos getting loans at sub-PLR rates
Deluge of deposits, muted credit offtake limit banks’ options. Mumbai, March 2 Banks are currently swimming in liquidity, literally. However, the demand for liquidity (funds) from trade and industry is muted as the chips are down on the ...
SBI cuts deposit rates in select maturity slabs
Mumbai, March 2 State Bank of India (SBI) has cut interest rates on fixed deposits in four maturity slabs between one year and three years by 40 to 50 basis points. Come March 9, the highest interest rate that the bank will offer its ...
Infosys to absorb all campus hires in July
Kochi, March 2 IT major Infosys has said that all the 18,000 students selected by the company through campus recruitment from various engineering colleges in the country in 2009-10 will join the company in July this ...
New launches help auto sector overcome slowdown
Revival in export markets boosts sales figures. The February vehicle sales numbers brought positive news on Maruti Suzuki, with new launches aiding a revival in sales and ...
Auto component suppliers see demand improving
Stay cautious on outlook; depreciation benefits proving beneficial. New Delhi/Chennai/Pune, March 2 It is early days yet, but auto component manufacturers too feel that automobile sales have started looking up resulting in improved delivery ...
Heat wave conditions over Andhra Pradesh
Thiruvananthapuram, March 2 Day and night temperatures are on a relentless climb over most parts of the peninsula on Monday that prompted India Meteorological Department (IMD) to declare ‘heat wave-like’ conditions over coastal ...
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