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Tuesday, April 21, 2009
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WEB EXTRAS

INTEREST RATES: Negative inflation may pose dilemma for RBI on key policy rates
New Delhi, April 20 With inflation likely to turn negative before the month-end, the question, say some economists, is no longer one of whether to reduce the reverse repo rate, but by how much. This crucial policy rate – which is what ...

OUTLOOK: Oracle acquires Sun Microsystems for $7.4 b
Complementary deal for both cos, say analysts. Bangalore/New Delhi, April 20 Business software vendor Oracle Corp inched a bit closer to rivals IBM Corp and Hewlett Packard Corp in terms of providing integrated software and hardware solutions ...

FOREIGN DIRECT INVESTMENT: Party manifestos seek to axe FDI in retail
New Delhi, April 20 The Bharatiya Janata Party and the Left might have different DNAs, but they are united in their opposition to foreign investment in the ...

HUMAN RESOURCES: TCS to hire 250 freshers for US centre
Mumbai, April 20 Tata Consultancy Services plans to recruit 250 freshers for its global development centre in Cincinnati in the US over the next three to six months. This centre currently employs under ...

OUTLOOK: US forecaster sees better monsoon rains
Thiruvananthapuram, April 20 India Meteorological Department’s (IMD) forecast of a 96 per cent-of-normal rainfall has prompted a leading US-based forecaster to revisit its own seasonal forecasts for the ensuing southwest ...

COMMODITY MARKETS: Pepper futures may continue to rise on tight supply
Kochi, April 20 Tight supply position coupled with buying interest from investors pushed up the pepper futures market last week and the trend is likely to continue for some ...

BREWERIES: Beam Global changes India strategy
Bangalore, April 20 The world’s fourth largest liquor company, Beam Global, has tweaked its India strategy and repositioned its first ‘made in India’ brand while putting off plans to launch another ...

OUTLOOK: Sudden fall in client revenue a worry: TCS
In an economic environment filled with uncertainty, what worries Tata Consultancy Services is not deal pipeline or deal ...





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Markets (April 20)
Nifty (at close)3377.10(-7.30)
US Dollar (Buy/Sell)50.14/15
Brent crude (a bbl) Rs2,601
Gold (a gram) Rs1,311
Silver (a kg) Rs20,745


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