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New issues may wait for Budget cues
Success of institutional placements brightens prospects for IPOs. Mumbai, May 26 The success of the recent Qualified Institutional Placements by some Indian companies has brightened hopes for the revival of the domestic IPO (initial public ...
FMC suspends trading in sugar futures
Decision taken on demand-supply position and inflationary concerns. Mumbai, May 26 The Forward Markets Commission (FMC) on Tuesday suspended futures trading in sugar even as the trade was betting on further liberalisation after the Government ...
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Breaking conventions: The...
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TODAY'S PICK (Latest Audio: English/Tamil)
Nagarjuna Construction (Rs 122.05): Sell
We recommend a sell in Nagarjuna Construction Company from a short-term trading perspective. It is apparent from the charts of Nagarjuna Construction that it has been on an intermediate-term uptrend since its one-year low of Rs 34 recorded ...
Day Trading Guide
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Chandrasekaran to succeed Ramadorai as TCS chief
Mumbai, May 24 Tata Consultancy Services said on Tuesday that its current Chief Operating Officer (COO), Mr N. Chandrasekaran, will take over as Chief Executive Officer and Managing Director from ...
Budget in the first week of July
The Budget for 2009-10 would be presented in the first week of July, the Finance Minister, Mr Pranab Mukherjee, on Tuesday told a news channel in an ...
Govt to cut transaction costs for services exports
Service providers exempted from giving bank guarantees. Services exports from the country may get a fillip with the new Congress-led Government providing relief to certain service providers in terms of reduced transaction ...
Funding the merger not a major issue: Bharti
Co may have to raise debt of $3-4 billion if talks with MTN succeed. New Delhi, May 26 Bharti Airtel on Tuesday said that funding the proposed merger with South African telecom major MTN was not a major issue. The last time the company had ...
A theory of long-term decline?
The last article in this series, a month ago, had ended thus: “The next time, instead of discussing growth, we will discuss decline, the mirror image of long-term growth. What causes decline? What policies to follow to arrest ...
Annual fees on credit cards set to come back
Banks cite high issuance costs, rising defaults. Mumbai, May 26 Apart from interest charges, now get ready to pay an annual fee on credit cards as well. Given the increasing rate of delinquencies on credit cards, banks may soon go back to the ...
Rupee in short-term decline (Latest Audio:English/Tamil)
Currency markets were in turmoil following North Korea’s nuclear tests this week. Dollar and yen strengthened on rising risk aversion and South Korean won headed lower. The dollar index traded on the Intercontinental Exchange that tracks ...
ICC World Twenty20 ad slots almost sold out
New Delhi, May 26 ESPN Star Sports says it has nearly sold out its advertising inventory for ICC World Twenty20 at an average of Rs 4 lakh per ten second spot. The tournament takes place in England from June ...
School bus segment a new biz avenue
IN ACADEMIC GEAR. Mumbai, May 26 As schools get set for the new academic year, bus manufacturers are also gearing ...
Aila weakens thrice over but wets entire N-E
Thiruvananthapuram, May 26 Tropical cyclone, Aila, weakened thrice over to become a well-marked ‘low’, but not before dumping residual moisture as heavy torrents over West Bengal until Tuesday ...
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