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Govt’s sugar release spree may lead to low stocks
Prices held in check during polls likely to turn dearer later. New Delhi, April 22 As campaigning for the Lok Sabha polls reaches a crescendo, the Centre has flooded the market with so much sugar that the next Government may have very little ...
Wipro Q4 net profit rises 15%
Weak rupee, operational efficiencies help; IT services revenues up at $1,058 million. Bangalore April 22 Soap-to-software maker Wipro Ltd beat the street expectations to post a modest fourth quarter profit growth aided by a weak rupee and ...
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Higher growth: (Fr...
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TODAY'S PICK (Latest Audio: English/Tamil)
Aptech (Rs 96.70): Sell
We recommend a sell in Aptech stock from a short-term trading perspective. It is apparent from the charts of Aptech that from March low of Rs 64 the stock rallied till mid April to Rs 123, when it was on a medium-term ...
Day Trading Guide
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IT-enabled banking services picking up
New Delhi, April 22 There has been a sharp increase in the use of IT in banking services. The Reserve Bank of India devoted almost three pages to it in Annual Policy Statement for 2009-10, released ...
GSM players plan to use existing spectrum for 3G
RCoM, Tata Tele offering data cards. New Delhi, April 22 Even though spectrum allocation for third generation (3G) mobile has got delayed, private cellular operators are beginning to use their existing radio frequencies to offer 3G based ...
IT majors see lower net manpower addition last fiscal
Chennai, April 22 The top-three Indian IT companies have added less manpower this year than they had for each of the previous ...
‘RBI move will put pressure on banks to lower lending rates’
Mumbai, April 22 Corporates are hopeful that the Reserve Bank of India’s cut in repo and reverse repo rates by 25 basis points each will put pressure on financial institutions to cut interest rates and provide some relief. ...
Large capital inflows prompt exporters to take forward cover
Rupee seen rising in near term; domestic credit costs may come down. Bangalore, April 22 Exporters have begun taking forward cover after almost six months, with the rupee expected to begin appreciating against ...
Ministers, senior leaders to battle it out today
New Delhi: The electoral fate of an array of national and regional leaders would be decided in the second phase of the 15th Lok Sabha elections on Thursday. Leading the pack is Mr Rahul Gandhi, who is contesting for the ...
HCL Tech net down 36.3% in Q3 on forex losses
New Delhi, April 22 Indian IT major HCL Technologies on Wednesday said its net income for the third quarter ended March 2009 dropped over 36 per cent, hurt by foreign exchange losses and treasury. The net income came below street ...
Westerly system douses searing heat in northwest
Thiruvananthapuram, April 22 A prevailing western disturbance has helped douse the searing heat over northwest India but severe heat wave conditions prevailed to the east over Orissa and coastal Andhra ...
Gas-based IPPs get into production mode
Sign up for Krishna-Godavari gas. Hyderabad, April 22 Independent power producers (IPPs) GVK Power and Infrastructure, GMR Energy and Konaseema have signed up for natural gas linkage from the Krishna-Godavari basin ...
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