The Hindu Business Line : Thursday, July 23, 2009

RCom signs Rs 10,000-cr deal with Etisalat to share facilities
Etisalat has licences for 15 telecom circles. Telecom operator Etisalat DB, formerly known as Swan Telecom, has decided to outsource its telecom infrastructure requirements to the Anil Ambani Group company Reliance Communications as part of a Rs ...

Wipro Q1 net profit beats Street estimates
Aided by higher operational efficiencies; forecasts stronger Q2. Bangalore, July 22 Wipro Ltd joined its larger rivals TCS and Infosys to beat street estimates and reported better-than-expected 12 per cent profit growth for the June quarter ...

Green shoots: The Wipro C... TODAY'S PICK (Latest Audio: English/Tamil)
IDFC (Rs 132.25): Sell
We recommend a sell in Infrastructure Development Finance Company (IDFC) from a short-term trading perspective. It is evident from the charts of IDFC that the stock bottomed out after nearing its 2006 low of Rs 43 in March. Since then it was ...

Day Trading Guide

No talks on deferring aircraft delivery, says Boeing
The US-based aircraft manufacturer Boeing, on Wednesday night, said that there has not been any talk with the State-owned carrier, Air India, for deferring delivery ...

Soon, go to a shop to draw money
Mumbai, July 22 Debit card holders will soon be able to get cash up to Rs 1,000 directly from merchant ...

Create your broker’s office at home!
Chennai/Mumbai, July 22 High-end investors have been trading out of their homes for some time now, using terminals that closely approximate those that brokers ...

Top 3 losing customers faster than gaining
Clients not renewing deals after ‘one-off’ projects. The top three Indian IT companies are losing more customers in a quarter than they are able to win because of their clients’ pruned IT ...

Wipro sees first signs of stability
More rational moves expected next year, says Paranjpe. Bangalore, July 22 Wipro Ltd sees the first signs of stability in its IT business and project ramp-downs are beginning to taper off as volumes start to stabilise. Business Line spoke to Mr ...

BSNL’s mega GSM contract stuck on pricing
Vigilance officials concerned over high quotation by bidders. New Delhi, July 22 Apart from legal issues, Bharat Sanchar Nigam Ltd’s mega GSM contract for 93 million connections is now stuck on pricing ...

Higher refunds dent Q1 direct taxes growth
52 per cent jump in payout at Rs 17,600 crore. New Delhi, July 22 A big jump in refund payout of Rs 17,600 crore has dented the Centre’s net direct tax collections growth rate for the first quarter this ...

ULIP products may turn hot on new fee cap
BL Research Bureau Unit-linked insurance plans (ULIPs), one of the hot products of life insurers, could turn attractive with the regulator, Insurance Regulatory and Development Authority (IRDA), imposing a cap on the charges that insurers levy ...

HDFC to raise Rs 4,000 cr thru debentures
Posts Rs 565-cr profit in June quarter. Mumbai, July 22 Housing finance company HDFC Ltd on Wednesday said it would raise up to Rs 4,000 crore through issue of warrants and secured redeemable non-convertible debentures to qualified institutional ...

Indian cos opt for flexible GDR
Try to capitalise on foreign investor interest. Mumbai, July 22 Indian companies prefer to raise money through Global Depository Receipts (GDRs) rather than American Depository Receipts (ADRs) due to the currency and market-related flexibility ...

Rains to last 2 more days over west, central parts
Correspondingly, the monsoon will get active over parts of the Philippines and west Pacific. Initiation of cyclones is not ruled out over just north of the Philippines and east China ...