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TODAY'S PICK (Latest Audio: English/Tamil)
IFCI (Rs 53.80): Sell
We recommend a sell in IFCI stock from a short-term trading horizon. It is evident from the charts of IFCI that it bottomed in early March, taking support around Rs 16, which is a key intermediate-term support level. Since March low the stock ...
Day Trading Guide
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16 out of 17 drug consignment seizures in the Dutch were from India
Patent infringement issue. Mumbai, June 7 There were 17 incidents of drug seizure last year in the Netherlands on the grounds of patent-infringement and 16 of them were Indian medicine exports, says Health Action International (HAI), a Dutch ...
Hyundai looking at setting up diesel engine plant
Sriperumbudur, June 7 Hyundai Motor India is studying the feasibility of setting up a diesel engine plant close to its existing car manufacturing plant near ...
Sensex rise brings little cheer to MBA graduates
RECESSION BLUES. Hyderabad June 7 Bulls may be loading up stocks and nudging up the Sensex in anticipation of fresh economic reforms by the UPA Government, but recessionary fears continue to cast a gloom in the job market, especially for the ...
Gold futures to test support levels
Gold futures, ended sharply lower on Friday as a monthly report showing the fewest US job losses since September boosted the dollar, and economic recovery hopes dented gold’s safe-haven appeal. Bullion was under heavy pressure as the ...
Wipro Infotech hopes to outpace industry average
Deal pipeline is good in both domestic and export markets. Bangalore, June 7 Wipro Infotech expects to grow at a faster pace than the industry average in India as it continues to win large deals, besides having on a ...
GM — a creative destruction
One of the most remarkable events in recent business history has been the decision of General Motors Corporation USA to file bankruptcy proceedings — a decision forced on the company after it lost market share in the ongoing recession. ...
Quality recruits, near zero attrition at DRDO
ATTRACTIVE OPTION. Bangalore, June 7 Perhaps due to fallout of the economic slowdown, the defence research establishment has at least one reason to ...
Budget expectations to decide market moves this week
Running corrections may rule the market till the announcement. The equity market has been moving up since the middle of last month as if wishes were horses – a stable Government would usher in a quicker ...
Public sector banks encourage home loan balance transfers
Mumbai, June 7 Home loan ‘balance transfers’ from private sector banks and housing finance companies are welcome, say public sector bankers. While they are dangling the carrot of soft interest rates to encourage customers from ...
‘Connectivity with hospitality is key’
Battered by the global economic slowdown, growing competition and several inherent constraints, Air India is deep in the red. It urgently needs a lifeline to come out of it and the government is reportedly working on it. ...
A career path in the BPO industry?
Just what the expert sees despite the slowdown.. When the Buffalo vs Bangalore debate fills the air, it may not be possible to feel too optimistic about the BPO (business process outsourcing) industry in India. However, what P.G. Raghuraman, ...
‘Let market decide India’s choice’
Ericsson on the 3G vs WiMAX debate and the wireless technology that might suit India best.. The $25-billion Indian telecom equipment market is the hot spot for most global vendors. Swedish manufacturer Ericsson is a key player in this industry ...
Monsoon advances into Goa, parts of Konkan
The monsoon advanced to more parts of central Arabian Sea, Karnataka, entire Goa and parts of Konkan, India Meteorological Department (IMD) on ...
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