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Friday, July 17, 2009
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MICROSCOPE: L&T’s profit growth aided by exceptional gain
Slowdown in order inflows. BL Research Bureau Exceptional gains of Rs 1,020 croreensured that Larsen & Toubro (L&T) trebled its net profits for the quarter ended June 2009 (over a year-ago numbers) despite the tepid growth in revenues. ...

MAVERICK VIEW: Inflation, rising rates and financial repression
The Union Budget for 2009-10, has admittedly been formulated at a very difficult time when the global economy is in the throes of a crisis and the GDP growth rate has also slowed down. The Budget has substantially increased outlays on the ...

OFFHAND: Home Ministry should set the pace
Every now and then media carry news items that the Home Ministry has drawn the attention of State governments to some imminent threat to security, especially relatable to terrorist and subversive acts by jihadis, naxalites or Maoists, directing ...

BL CLUB: Mr G. Thiruvasagam, Vice-Chancellor, Bharathiar University, Coimbatore
Coimbatore, July 16 Though the Budget is friendly to the aam admi, it does not contain any stimulus package to kick start the economy at a time of recession and when a rise in interest rates looks imminent, according to Mr ...

ON THE HEDGE: Sterlite enters active zone; open interest jumps
Chennai, July 16 Turnover jumped to Rs 68,847 crore in the F&O segment on the NSE on Thursday. The Nifty July future, which was in premium in the last couple of days, once again turned into discount. It closed the day at 4224.85 against ...

Columnists: C Gopinath Harish Bijoor G Chandrashekhar S Murlidharan Sharad Joshi Mohan Murti S Balakrishnan Bharat Savur B S Raghavan Ganesh Challa Bhanoji Rao Swati T Banusekar Ramanujam Sridhar Ranabir Ray Choudhury Rasheeda Bhagat P.V. Indiresan P Devarajan S Muralidhar R K Raghavan B Venkatesh




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Markets (July 16)
Nifty (at close)4,231.40 (-2.10)
US Dollar (Buy/Sell)48.69/70
Brent crude (a bbl) Rs3,083
Gold (a gram) Rs1,376
Silver (a kg) Rs22,830


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