The Hindu Business Line : Tuesday, July 21, 2009

Sensex up 446, buoyed by corporate earnings
BREACHES 15,000. Mumbai, July 20 Better than expected corporate earnings, at home and abroad, , pushed the Sensex up 446 points on Monday, 3 per cent above Friday’s ...

Ennore Port may offer stake to FIs
10% likely to be offloaded. New Delhi/Chennai, July 20 Ennore Port Ltd (EPL), the only corporatised port under the Centre’s jurisdiction, is likely to raise funds by offering a small equity stake — perhaps 10 per cent — to ...

New offerings from BSNL: ... TODAY'S PICK (Latest Audio: English/Tamil)
UTV Software (Rs 366): Buy
We recommend a buy in UTV Software Communications from a short-term trading perspective. It is apparent from the charts of UTV Software that after a medium-term decline from the resistance level of Rs 479, the stock appears to have resumed ...

Day Trading Guide

Apex court posts RIL-RNRL case for Sept 1
New Delhi, July 20 The Supreme Court on Monday issued notice to Mukesh Ambani-led Reliance Industries Ltd and the Anil Ambani group’s Reliance Natural Resources Ltd on the Centre’s appeal against the Bombay High Court’s order ...

HDFC Bank cuts lending rates by 25 bps
Mumbai, July 20 HDFC Bank today cut its benchmark prime lending rate (BPLR) by 25 basis points to 15.75 per cent. About 15 per cent of the bank’s loans are linked to the BPLR, a bank ...

SAT appoints Deloitte to ‘re-value’ Dunlop
Mumbai, July 20 The Securities Appellate Tribunal has for the first time appointed an independent firm to evaluate the price of an open offer that has already been valued by a SEBI-appointed ...

India, US sign pacts on civilian satellites, defence equipment
New Delhi, July 20 India and the US on Monday signed a slew of agreements to give a further boost to the bilateral engagement between them, as part of the US Secretary of State, Ms Hillary Clinton’s first visit to India, after the ...

Calls on mobiles cheaper than a year ago
Good news for subscribers; cause of concern for operators. New Delhi, July 20 A phone call using your mobile costs as low as 65 paise a minute on an average compared to nearly a rupee a year ...

FIIs’ asset base shrinks 39% in last 18 months
Investments through P-Notes slip to 18%. Chennai, July 20 Assets under management of foreign institutional investors (FIIs) slumped 39 per cent in the 18-month period ending June 30, broadly in line with the drop in stock prices from the peak ...

Overseas investors hike stakes in 22 Sensex cos in Q1
Mumbai, July 20 Foreign institutional investors raised their stake in majority of the 30 Sensex companies during the April-June quarter according to the shareholding pattern of the companies put on ...

Farmers may shift to pulses from guar
Moong, moth are short duration crops, fetch better prices,. Chennai, July 20 Guar crop acreage is likely to witness a sharp fall this year as farmers are seen opting for crops such as moong and moth that could give them higher returns. Sowing ...

Renuka Sugars may pick up stake in NCDEX
Goldman Sachs and Intercontinental Exchange to offload holdings. Mumbai, July 20 Goldman Sachs Investment (Mauritius), the arm of the New York-based investment bank, and Atlanta-based Intercontinental Exchange Inc have approached the commodity ...

SBI PF seeks nod to manage parent bank’s employees pension funds
Mumbai, July 20 SBI Pension Fund has approached the Pension Fund Regulatory and Development Authority (PFRDA) for approval to manage a part of the Rs 14,000-crore corpus of the State Bank of India employees’ ...

‘The talk of a divide is largely overdone’
Mr Jairam Ramesh has begun his innings at the Environment Ministry with a pledge to increase transparency and expedite deserving projects. Speaking to Business Line, Mr Ramesh outlined his key ...

Break-monsoon-like phase may not last
Emerging meteorological features over North India may be compatible with conditions identified as leading up to an imminent ...