The Hindu Business Line : Thursday, July 02, 2009

Petrol price raised by Rs 4 & diesel Rs 2; cooking fuels spared
Under-recoveries force Government to pass on burden. New Delhi, July 1 The Government today hiked the retail price of petrol by Rs 4 a litre and diesel by Rs 2 a ...

Alstom in race for Areva’s T&D biz
Chennai, July 1 Alstom of France, a global leader in the power generation equipment and services business, is believed to be the front-runner for buying out Areva’s power transmission and distribution division, according to reliable ...

Toll-free till July 5: Th... TODAY'S PICK (Latest Audio: English/Tamil)
Aptech (Rs 178.10): Buy
We recommend a buy in Aptech from a short-term trading perspective. It is evident from the charts of Aptech that after taking support around Rs 60 in early December, the stock has been trending upward. Since then, the stock has been ...

Day Trading Guide

Exports, imports down in May
Trade deficit narrows to $10.2 billion in April-May. New Delhi, July 1 Exports in May continued the declining trend and plummeted 29.2 per cent compared with ...

Cap put on MF sales expenses pie in exit load
Mumbai, July 1 The Securities and Exchange Board of India has put a cap of one per cent on the maximum amount an asset management company can retain from the exit load or the contingent deferred sales charges (CDSC) on mutual funds for ...

India Inc returns to profit growth in March quarter
AS 11 changes, falling inputs help. Profit growth for Indian companies has picked up pace in the March quarter after year-on-year declines until December. The reported profits for 1200 NSE listed companies for t,he quarter ended March 2009 have ...

Maruti, Hero Honda post higher sales in June
Lower interest rates, buoyant rural market the drivers. Mumbai, July 1 June was a heady month for Maruti-Suzuki and Hero Honda in the car and two-wheeler segments as they consolidated their leadership positions. Factors such as lower interest ...

ECB policy: Realty players see no near-term gain
Viability of new SEZ projects under question due to export slowdown. New Delhi, July 1 Real estate players on Wednesday hailed the Government’s decision to open the external commercial borrowing (ECB) window for special economic zone ...

Tier II cos’ top honchos take home less
IT biggies reward executives better as stock options lose charm. Bangalore, July 1 Salaries of senior executives in smaller IT firms grew at a slower pace than that of their counterparts in top tier firms in fiscal 2009 over the previous year. ...

DoT seeks Rs 9,970 cr for Defence network project
‘Early availability of 45 Mhz will fetch Rs 6,500 cr-revenue/year’. New Delhi, July 1 The Department of Telecom has approached the Cabinet Committee on Economic Affairs seeking Rs 9,970 crore for laying an optical fibre cable network ...

DD may go digital, open up for pvt broadcasters
AIM FOR QUALITY. Along with the television antennas sticking out from millions of roof tops across the country, DD’s TV audiences could soon need set-top ...

Rains advance into the North
The monsoon has further ‘advanced’ into the remaining parts of Punjab and Haryana and isolated parts of north Rajasthan, an India Meteorological Department (IMD) update said on ...