The Hindu Business Line : Monday, July 13, 2009

Best paid among India Inc are pharma top brass
Govt-owned firms less generous in pay-outs. BL Research Bureau Software or financial service companies may be the best pay-masters for management graduates or fresh engineers at the entry level. When it comes to top management, however, the ...

IT dept recovers over Rs 10,000 cr in arrears

New Delhi, July 12 The Income Tax department’s task force-based approach towards recovery of arrears seems to have paid rich ...

Setback to Delhi Metro ex... TODAY'S PICK (Latest Audio: English/Tamil)
Oriental Bank (Rs 157.6): Sell
We recommend a sell in Oriental Bank of Commerce from a short-term trading perspective. After bottoming in March at Rs 94, the stock was on a medium-term uptrend till the late May high of Rs 202. However, the stock changed trend triggered by ...

Day Trading Guide

Delhi Metro Rail chief Sreedharan quits
Takes moral responsibility for bridge collapse incident. New Delhi, July 12 Taking moral responsibility for the bridge collapse incident in South Delhi on Sunday morning, the ‘Metro Man’ Dr Elattuvalapil Sreedharan quit as Delhi ...

Ministry against using Chinese co’s boilers
‘Violation of IP rights by Shanghai Boiler Works’. Chennai, July 12 The Ministry of Heavy Industries has cautioned the Ministry of Power that Shanghai Boiler Works Ltd, a subsidiary of Shanghai Electric Corporation, China, could be ...

Comex gold: Bullish view to be intact
Comex gold futures ended lower as the stronger dollar and tumbling oil prices signalled lingering worries over economic growth and diminished bullion’s appeal as an inflation hedge. Muted inflation concerns have sent ...

Precious metals reel under downward pressure
Falling prices create buying opportunity in commodities. Mumbai, July 12 Commodity markets witnessed a huge sell-off last week with prices taking a cue from currency movements in addition to being influenced by renewed macro-economic ...

Infosys’ revenues from BT to shrink further
Cost-cutting, vendor consolidation at BT. Bangalore July 12 Infosys Technologies Ltd said revenue contribution from its largest client could come down further as British Telecom Plc looks to keep costs under control fighting a recession and ...

Will taxes match Budget hopes?
The Finance Minister’s Budget speech kindled a great deal of interest among analysts and economists. The discussions range from whether the Budget has been too timid in respect of reforms to whether it has been too ambitious in ...

Mahindra Renault venture posts Rs 490-cr loss
Sales decline 48% due to increased competition. Following a 48 per cent fall in sales, Mahindra Renault Pvt Ltd has posted a loss of Rs 490.21 crore on a gross turnover of Rs 741.17 crore during ...

Lack of support may cause market to fall this week
The adjustment process would continue as brokers wait for more green shoots. This week the market may fall further. Investors and traders are shedding the exuberance of May and ...

Open offer for Great Offshore: The race for controlling stake
With Bharati Shipyard raising its open offer price for Great Offshore last week, the next move in the bidding war for the Mumbai-based offshore oilfield service firm, is expected to come from ABG Shipyard. Though ABG has time till the third ...

Will the coming economic recovery be jobless?
With signs of a recovery, the possibility of a revival on the employment front is on everyone’s mind. As economists and industry observers begin to talk about signs of a recovery from the slowdown in India or the recession in other parts ...

"We don't see a huge mobile WiMAX market"
"If the ? mobility business case for WiMAX? was so compelling, then the likes of Verizon, AT&T, Vodafone, and others would make a beeline to roll out WiMAX.". WiMAX-based broadband services are expected to boost India's broadband ...

Banking on unique identifier
It will mean hitting two birds with one stone in the matter of financial inclusion.. The high optimism generated by the appointment of Nandan Nilekani to lead the Unique Identification project has more to it than bringing technology into the ...

Weather forecasters keep watch for evasive ‘low’
Thiruvananthapuram, July 12 The India Meteorological Department (IMD) has said that the monsoon trough across the plains of northwest India has shifted north (of normal), which signals a weakening of rain-enabling ...