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Wrangling continues over Cabinet berths, portfolios
Congress formula not acceptable to us: DMK. New Delhi, May 21 The Congress on Thursday made it clear to its allies that it was in no mood to be pushed around over portfolio allocation. After a day of hectic parleys, it conveyed to the DMK that ...
Social sector boost to be new Govt’s immediate priority
Reforms push may be slow & steady. New Delhi, May 21 Though the markets and the industry are gung-ho over the UPA victory, they may have to wait as the new Government unfolds its immediate priorities. It is likely that the UPA may not go ...
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Mr Rajiv Bajaj, Managing ...
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TODAY'S PICK (Latest Audio: English/Tamil)
Rolta India (Rs 109): Buy
We recommend a buy in the Rolta India from a short-term trading horizon. It is evident from the charts of Rolta that it has been on a medium-term uptrend since its 52-week low of Rs 40.7 recorded on March 12. While trending up, the ...
Day Trading Guide
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Bajaj Auto net rises 8% despite slump in sales
Focus to be on domestic market for growth: Rajiv Bajaj. Mumbai, May 21 Reduced raw material cost, a shift in focus to higher priced products and tax benefits helped Bajaj Auto post an eight per cent increase in standalone net profit at Rs 130 ...
Inflation rises to 0.61% on higher food prices
New Delhi, May 21 Inflation edged up in early May on account of higher food prices, but held near a three-decade low, giving more freedom to the RBI to take steps to support a slowing ...
Panel favours weekly banking bazaars in remote villages
Mumbai, May 21 Once-a-week banking facility on the lines of the ubiquitous ‘weekly bazaar/mandi’ in remote areas could turn into a reality in a couple of years if the recommendations of the High Level Committee ...
As ever, PSUs carry the load during poll time
TRAVEL AND STAYS. New Delhi, May 21 From the conduct of free and fair elections to providing accommodation to almost half of the newly elected Lok Sabha members, the Government always turns to the public ...
Corporate tax collections fall short of revised estimate
Personal I-T mop-up exceeds estimate. The Centre’s corporate tax collections for financial year 2008-09 have fallen short of the revised estimate by about 3.68 per cent. On the other hand, personal income-tax collections are a tad better ...
Banks gearing up to lend more this fiscal
Eye growth opportunities in infrastructure with a stable govt. Mumbai, May 21 Banks may revise upwards their lending targets for FY2009-2010 once the new government outlines its economic priorities through a Budget/Vote-on-Account, according to ...
IT vendors see more revenues from maintenance services
Cautious clients holding back on deploying new systems. Bangalore, May 21 Indian IT vendors are seeing more revenues from application maintenance services as cautious customers continue to hold back investments on deploying new ...
Auto sales momentum in early 2009 not a sign of revival
Sector not out of the woods yet: Pawan Goenka. Mumbai, May 21 Auto sales have been brisk over the last three-four months but Dr Pawan Goenka, President of Mahindra & Mahindra’s Automotive Sector, is not convinced that the turnaround ...
Rice exports: It is more of commercial transactions
PSUs are routing agents for Govt to monitor volume of shipments. New Delhi, May 21 On paper, it is a Government-to-Government deal entered mainly with a view to secure diplomatic goodwill. But in reality, it works out to any other commercial ...
Rs 400-cr cover is SET Max defence against ad revenue loss
In the event of rain and other unforeseen risks. Kolkata, May 21 Every time an IPL match gets washed out by rain, the broadcasting channel SET Max may raise an insurance claim of up to Rs 7 crore for loss of ...
Monsoon onset window open for Kerala coast
Thiruvananthapuram, May 21 Conditions are becoming favourable for onset of southwest monsoon over Kerala during the next two to three days, an India Meteorological Department (IMD) update said on ...
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