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Election 2009 Results - Live
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Market poll vaults 2,110 points
Trading halted as benchmark indices hit upper circuit twice. Mumbai, May 18 It was an unprecedented happening in Indian stock market history; the benchmark indices hit the upper circuit filter for the first time ever on Monday and, as a stunned ...
MFs declare a ‘non-business day’
Tuesday’s NAV to apply for Monday’s purchase of units and redemptions. Mumbai, May 18 Mutual funds have decided to treat Monday as a ‘non-business day’ though the benchmark stock indices gained more than 15 per cent on ...
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How high will it go? -- P...
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TODAY'S PICK (Latest Audio: English/Tamil)
Chennai Petroleum (Rs 143.10): Buy
We recommend a buy in the Chennai Petroleum Corporation from a short-term trading perspective. It is evident from the charts of Chennai Petroleum that after recording a 52-week low of Rs 78 on March 12 it changed its trend by moving upward. ...
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Nokia Siemens knocks on competition panel’s door
Move follows BSNL’s rejection of Finnish co’s GSM bid. New Delhi, May 18 After being disqualified from bidding for BSNL’s Rs 30,000-crore GSM contract, Finnish telecom equipment maker Nokia Siemens Networks Ltd has sought the ...
Rupee gains 3% to close at 47.90
Mumbai, May 18 The rupee appreciated by three per cent or Rs 1.53 on Monday to 47.90 to the dollar, tracking huge gains in the domestic equity ...
Ministerial berths to be firmed up before weekend
Cabinet to be a mix of the young and the old. New Delhi, May 18 The Prime Minister, Dr Manmohan Singh, submitted the resignations of his Council of Ministers to the President, Ms Pratibha Patil, on Monday, paving the way for the formation of the ...
The industrial downturn
Even as India’s stock markets are staging a recovery from the depths they have mined, disconcerting news emerges from elsewhere in the economy regarding the effects of the global crisis. The two main channels through which the global crisis ...
Market surge: Little time for banks to tap opportunity
Treasury heads hopeful that market momentum will continue. Mumbai, May 18 “It (equity market) just opened and closed. There was absolutely no scope for us to react to the fleeting ‘opportunity’. It was a surreal experience. All ...
Mid and small cap stocks unable to take part in rally
Market players say similar scenario might crop up today. Kolkata, May 18 Mid and small stocks on Monday hardly had a chance to participate in the Dalal Street’s briefest possible trading session of one minute and 10 seconds, in ...
Retail investors may have missed the bus
Retail investors who missed the bus to Sensex 14000 would have been cursing their bad luck on “Green ...
Golden Monday takes Indian markets to top of world
Indian markets are literally on the top of world, going by their returns so far in ...
Shriram EPC aims for major play in coal gas plants
Looking at orders in the eastern region. Chennai, May 18 Armed with a technology tie-up with Envirotherm GmbH of Germany, Chennai-based Shriram EPC Ltd aims for a major play in the area of coal gasification. The company begins its innings with ...
Agri costs panel yet to propose kharif support prices
Commission yet to forward final view to Agriculture Ministry. New Delhi, May 18 It has become standard practice in recent years for the Centre not to announce minimum support prices (MSP) of crops well in time to enable farmers make informed ...
Cement companies add 8 mt capacity in April
Installed capacity goes up to 219 mt. Mumbai, May 18 Cement companies have added nearly eight million tonnes (mt) capacity in April, taking the total installed level to 219 ...
Saudi ban on Indian seafood exports goes
Export Inspection Agency to certify shipments. Saudi Arabia has lifted the ban on Indian seafood imports that had been in place for several years ...
Nano loans: SBI may account for 50% of total bookings
Kolkata, May 18 State Bank of India might account for almost 50 per cent of the total loan bookings made for the small car Nano and is hopeful of disbursing loans worth Rs 900 crore, according to the bank’s Chief General Manager, ...
Tata Motors to hike wages for 2009-10
Kolkata, May 18 Tata Motors Ltd will give performance-linked wage hikes to its employees in 2009-10, though the increment will be less than the double-digit levels in recent years, according to its Vice-President, Mr S.J. ...
Dr Reddy’s takes Betapharm hit
Posts Rs 978 cr loss in Q4. Hyderabad, May 18 Pharma major Dr Reddy’s Laboratories Ltd has posted a net loss of Rs 978 crore in the fourth quarter ended March ...
Revving winds may precipitate early monsoon
Thiruvananthapuram, May 18 A dramatic pick-up in wind speeds may possibly bring monsoon rains into Kerala soon after the seasonal weather system makes an onset in the Bay of ...
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