The Hindu Business Line : Sunday, August 09, 2009

Retail business did not set bank cash registers ringing in Q1
Segment’s share in profits slips to 10% for 8 top banks. Chennai, Aug. 8 Banks made robust profits in the first quarter of this fiscal but were not helped much by the ...

States must enforce stockholding limits effectively: PM
New Delhi, Aug. 8 The Prime Minister, Dr Manmohan Singh, on Saturday asked States to ensure effective enforcement of stockholding limits and action against black marketers as part of the contingency measures to tackle the effect of the ...

Right to food: Nobel Laur... Mid-cap earnings: The fall and the bounce-back
The BSE Mid-cap and Small-cap indices have zoomed 123 per cent from their March lows, surpassing the Sensex return of 93 per cent. Beaten down valuations and an anticipated bounce-back in earnings (given the steeper decline) are some of ...

Aviation issues: Praful to make presentation to Cabinet
New Delhi, Aug. 8 The Minister for Civil Aviation, Mr Praful Patel, is to make a detailed presentation on the issues facing the domestic aviation sector at the next meeting of the Union Cabinet slated for Thursday. This follows the sector ...

No change in NELP policy
Mumbai, Aug. 8 The fundamentals of the New Exploration Licensing Policy (NELP) will remain unchanged for the eighth round of the auction of oil and gas blocks, according to Mr R.S. Pandey, Secretary, Ministry of Petroleum and ...

Walls from waste gypsum, strong and cheap
RAPIDWALL TECH. Mumbai, Aug. 8 Industrial waste has always been a burden, more so when the quantity is large and heavy without any means ...

Index Outlook: Monsoon blues hit stocks
Sensex retreated from the threshold of 16,000 impeded by scattering monsoon clouds and ominous noises emanating from China on clamping down on excessive ...

Reliance Pharma Fund: Invest
Investors looking for exposure to the domestic pharmaceuticals sector can consider adding Reliance Pharma Fund to their portfolio. Benchmarked against the BSE Healthcare Index, the fund has consistently delivered superior returns over the ...

Cinemax India: Buy
...

NHPC IPO: Invest at cut-off
The NHPC initial public offer (IPO) is ideally suited for long-term investors. Hydroelectric projects, by their nature, have long gestation periods of 5-7 years. On the existing generation capacity and financial profile, the offer appears to ...

Patel Engineering: Buy
Operating as a construction contractor, Patel Engineering concentrates on the hydropower and irrigation systems ...

Supreme Industries: Buy
Investors with a risk appetite for commodity stocks can buy the stock of plastic products maker Supreme Industries (Rs.295). The company’s diversified product profile — consisting of pipes, packaging and industrial products ...

Exide Industries (Rs 81.15): Sell
Investors with medium-term perspective can consider selling Exide Industries stock. Though it has been on an intermediate-term up trend from March low of Rs 34, it encountered resistance at Rs 90 and began to ...

Judging an IPO
“Thank goodness IPOs are back! Now I can easily double my money in no time…,” writes a 25-year-old stock trader on his ...

RBI survey sees agriculture growth slowing down
Industrial growth may touch 4.3% this fiscal. Mumbai, Aug. 8 Agricultural growth in the current fiscal could slow down to 2.5 per cent from 3 per cent, according to the latest Survey of Professional Forecasters by the Reserve Bank ...

Significant rise in Indian investments in tax havens
Outflow of investment from India in 2008-09 fell by 11.2 per cent to $16.07 billion in 2008-09 from $18.1 billion in the previous ...

Weekly News Round Up
The much-awaited initial public offer of state-run NHPC allured investors and was fully subscribed within an hour of the opening of the issue on Friday. The NHPC IPO, which is the first stake sale by a PSU company in the last one and a half ...