The Hindu Business Line : Monday, August 03, 2009

No pit stops along the way for India Inc’s borrowings
With equity funds hard to come by, cos forced to take on more debt. BL Research Bureau For all the talk of a slowdown, corporate India didn’t really apply the brakes on its borrowing programme in the last fiscal ...

Private airlines put strike plan ‘on hold’
New Delhi, Aug. 2 There will be no disruption to domestic flights on August ...

Mr R.S. Sharma (right), C... TODAY'S PICK (Latest Audio: English/Tamil)
HCL Infosystems (Rs 118.8): Buy
We recommend a buy in HCL Infosystems from a short-term perspective. It is evident from the charts of HCL Infosystems that after forming a bottom reversal pattern (double bottom) between November 2008 and April 2009, it began to move ...

Day Trading Guide

No service tax on commission paid by companies to MDs, Directors
Tax will be levied if Directors provide consultancy separately: CBEC. New Delhi, Aug. 2 Corporate honchos and Directors on the boards of companies have got a booster dose from ...

ONGC begins drilling operations off Kerala coast
Kochi, Aug. 2 Oil and Natural Gas Corporation, which started drilling operations in the Kerala-Konkan basin, has said that the early results of the ultra deep oil exploration will be available in 100 ...

Multiplexes stumble in Q1 earnings
Mumbai, Aug. 2 The two-month standoff between Bollywood producers and film exhibitors in April and May has taken its toll on the first quarter earnings of multiplex operators ...

Banks hope to make fast buck via IPOs
Mumbai, Aug. 2 With the primary market for equity issuance reviving after a hiatus of almost a year-and-a-half, domestic banks are keenly eyeing listing gains from the initial public offers (IPOs) of Adani Power Ltd and NHPC ...

Bullish momentum likely to sustain on liquidity flows
Investors seem willing to take more risks. Dalal Street is likely to see stronger momentum this week, as the flow of liquidity grows by the week. Corporate and economic fundamentals appear to have taken a back seat as the lure of smart earnings ...

Comex gold likely to rise higher
Comex gold futures ended stronger on Friday as the dollar slid to its lowest level after economic data showed improvement in the US GDP and manufacturing figures. Month-end position adjustments gave prices a boost too. The dollar fell to its ...

Gold vulnerable to demand concerns; crude may move up
Improved fundamentals set the tone for price direction. Despite macroeconomic concerns continuing to cast a shadow on commodity markets, improved fundamentals are setting the tone for price ...

Sluggish growth in credit
The recent credit policy review was preceded by a detailed review of monetary developments. This document is, as usual, painstakingly prepared showing the position in respect of the various dimensions of the Indian economy. The survey ...

Bank on voiceprint
Voice ID promises a secure way to do online banking.. With the growth of online banking and frauds thereon (including phishing and pharming scams), customers and financial institutions seem united in their quest for a secure ...

Closer look at gas-pricing dispute
In the ongoing gas-pricing dispute, is the Government partial to either of the Ambani brothers, as claimed? No, it is not, avers Bhamy Shenoy, a senior advisor to the Center for Energy Economics at University of ...

Monsoon subdued as ‘low’ fails to materialise
The Bay of Bengal has once again failed the forecaster community with an anticipated low-pressure area not materialising on the appointed day on Sunday. The India Meteorological Department (IMD) and the European Centre for Medium-Range ...