The Hindu Business Line : Sunday, June 14, 2009

SBI cuts deposit rates by 25 basis points across the board
Decision on lowering lending rates may be taken soon. State Bank of India on Saturday announced an across-the-board 25 basis point cut in deposit rates effective June ...

Chakrabarty: Time not ripe for consolidation
Financial inclusion is more important. New Delhi, June 13 The time is not ripe for consolidation of banks, the outgoing Chairman and Managing Director of Punjab National Bank, Dr K. C. Chakrabarty, has ...

Address financial inclusi... The foundation is good, but…
Cement stocks. Cement was among the key sectors that delivered riches for investors from the March lows. The basket of 15 key cement stocks has doubled, outperforming the Sensex return of 87 per cent. A closer look, however, reveals that the mid ...

Delisting: Securities Act brought in line with SEBI norms
Mumbai, June 13 A company that has incurred losses during the preceding three consecutive years and has negative net worth may be delisted by stock exchanges, says a recent amendment to the Securities Contracts ...

Select stocks hit new highs in recent rally
BL Research Bureau The Sensex may be 27 per cent below its high of 20,873 in January 2008, but did you know that select blue-chips have already surpassed their earlier highs? Thirty-six of the BSE 500 stocks and four Sensex stocks have ...

KPMG likely to determine airport user fee
New Delhi, June 13 Consultancy firm KPMG is likely to be commissioned by the Airports Authority of India (AAI) to study how much the state-owned airport operator should charge as user development fees at nine airports, including Chennai, ...

Covert correction in equities
Sensex kept up the façade of an indomitable uptrend even as the broader market succumbed to selling pressure last week. BSE Midcap Index ended 3 per cent lower while BSE Smallcap Index was down 7 per cent. With the talk of sprouting ...

Sesa Goa: Buy
Acquired mining capacities that may deliver substantial volume additions and a likely recovery in iron ore prices over the next two years, make the stock of Sesa Goa a good investment for those with a two-year perspective. At Rs 203, the stock ...

Dr Reddy’s Laboratories: Buy
Investors with a long-term horizon can consider buying the stock of Dr Reddy’s Laboratories (DRL) given its strong product pipeline, strengthening presence in key markets such as North America, Russia and India and the reduced ...

CRISIL: Buy
Fresh investments can be considered in Credit Rating Information Services of India (CRISIL) stock. CRISIL is the largest credit rating agency in India also engaged in research and advisory ...

Amara Raja Batteries: Buy
Investors with a long-term perspective may use attractive valuations and buy the stock of Amara Raja Batteries (ARB). At Rs 91.6, the stock trades at 8.9 times the trailing four quarter earnings, at a discount to competitor, Exide ...

Jyothy Laboratories (Rs 106.45): Buy
Investors with a medium-term perspective can consider buying Jyothy Laboratories ...

Tata Pure Equity: Invest
Investments can be considered in Tata Pure Equity Fund based on its convincing performance over a three- and five- year period. The fund managed to beat its benchmark BSE Sensex over the above time frame. Its recent performance has, ...

Small is beautiful… but can be risky too
Be it the world of cars or the stock market, “small” appears to be in vogue. In the equity rally that began early March this year, stocks in the mid- and small-cap space have delivered returns that trounce those of their ...

Weather insurance to cover quicker ground
Farmers getting sensitised to climate changes. Hyderabad, June 13 Weather insurance, a relatively new insurance product launched in certain pockets across the country, is now expected to cover quicker ground, as the farming community is ...

GAIL fourth-quarter net dips 13% to Rs 630 cr
On higher exploration and production costs, lower price realisation. New Delhi, June 13 GAIL (India) Ltd saw a 13 per cent fall in its net profit for the fourth quarter of 2008-09 at Rs 630 crore against Rs 722 crore in the corresponding quarter ...

Weekly News Round up(Latest Audio:Enlgish/Tamil))
Indian industry registered a year-on-year growth of 1.43 per cent in April. Although modest, it is better than ...