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Sensex moves past 12,000 after a gap of 7 months
A host of good news sends the market on a roaring ride. Mumbai, May 4 The coincidence of a host of factors sent the domestic indices skyrocketing on ...
HDFC net down at Rs 733 cr in Q4
Rise in interest, other charges. Mumbai, May 4 Housing Development Finance Corporation’s net profit fell by 4.5 per cent to Rs 733 crore in the fourth quarter of 2008-09, as against Rs 768 crore in the corresponding period ...
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Good tidings: A stock bro...
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TODAY'S PICK (Latest Audio: English/Tamil)
Indian Hotels Company (Rs 53.70): Buy
We recommend a buy on the Indian Hotels Company stock from a short-term trading perspective. After recording a 52-week low at Rs 34 on March 12, the stock began to trend up. It has been on a medium-term uptrend since the March low. ...
Day Trading Guide
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Nano gets over 2 lakh bookings
Mumbai, May 4 The Tata Nano has drawn 2.03 lakh bookings valued at nearly Rs 2,500 crore, according to a Tata Motors release issued here on ...
No action taken by Govt in 5 years on money laundering issue: PIL
Supreme Court to hear illicit funds case on July 28. New Delhi, May 4 The Supreme Court on Monday allowed the former Union Law Minister, Mr Ram Jethmalani, and other petitioners in the PIL (public interest litigation) on illicit funds stashed ...
Ranbaxy close to completing trials for new malaria drug
New Delhi, May 4 Ranbaxy Laboratories Ltd on Monday announced the commencement of the third phase clinical trials for its new anti-malaria combination drug in India, Bangladesh and ...
Tech Mahindra defers appointing campus recruits by two quarters
Global recession hits demand for IT services. Mumbai, May 4 Over 3,000 campus recruits of Tech Mahindra who passed out last year will have to wait for at least the next six months to come on board as the global recession has hit demand for ...
Maruti bets on Ritz to drive domestic sales
Sees A-Star exports touching one lakh units this fiscal. New Delhi, May 4 Maruti Suzuki expects its upcoming model Ritz, based on the Swift platform, to sell about 9,000 units a month. The company’s confidence to sell high volumes of this ...
The international transmission of fragility
The April 2009 edition of the IMF’s Global Financial Stability Report is categorical. Global financial stability has deteriorated further since its last assessments in October and January, with conditions worsening more in emerging markets ...
Back to 12K: 18 stocks outperform Sensex
Sequential increase in FII holdings helps these stocks. BL Research Bureau The Sensex may be back to 12,000, but not all its constituents have managed to keep pace with the ...
Overseas investors drive volumes to record levels
Domestic funds, retail investors net sellers in April. BL Research Bureau The meteoric rise in Sensex witnessed over the past month has been accompanied by a sharp increase in trading ...
Start service or give back spectrum, new mobile players told
The Department of Telecom has told new telecom operators that the Government may consider taking back the spectrum allocated to them in case they do not start rolling out mobile services. In a meeting held recently, the DoT Secretary, ...
FIPB asks Barclays Investments to seek RBI views on new biz
Company had sought nod for collection, recovery services. The Foreign Investment Promotion Board (FIPB) has asked Barclays Investments & Loans (BILL) to seek the Reserve Bank of India’s views on whether or not certain proposed ...
Car cos push for loans on vehicles for commercial use
Rope in financing arms, public sector banks. New Delhi, May 4The reluctance among private sector banks to finance vehicles for commercial purposes has compelled auto companies to turn to their private financing arm or ink separate ...
Cement cos’ realisation marginally up sequentially
Mumbai, May 4 Cement companies price realisation was almost flat in the fourth quarter of 2008-09 on a sequential basis despite cement prices rising in the wake of ...
Trough pair lends relief from heat
Thiruvananthapuram, May 4 A north-to-south trough/wind discontinuity over central India and a counterpart west-to-east trough over north India continued to provide localised relief from heat wave ...
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