The Hindu Business Line : Sunday, August 16, 2009

Govt will go all-out to get back to 9% growth: PM
Manmohan Singh promises help to drought-hit farmers, steps to check price rise. New Delhi, Aug 15 The Prime Minister, Dr Manmohan Singh, said on Saturday the Government will take every possible step to restore annual economic growth to nine per ...

Coal India plans two-phase 15% disinvestment
To offer share-stake to land losers in future projects. Coal India Ltd, with an equity capital of Rs 6,316 crore, has proposed to the Union Government a 15 per cent disinvestment in two stages within the next one ...

Appeal... Secondary market more rewarding than IPOs
With IPOs staging a comeback, retail investors may be pondering a key question: Should I jostle for allotments in the fancied IPOs or stick to investing in the secondary market? Well, the latter is the best course, if the experience of IPO ...

Satellite cos seek to hook up with e-governance project
New Delhi, Aug. 15 Satellite-based communications service providers are eyeing a share of the Rs 3,320-crore e-governance project for setting up one lakh common service centres (CSCs) across 2.43 lakh ...

Private oil field cos may have to detail capex spend to CAG
Petroleum Ministry convenes meet on Monday. New Delhi, Aug. 15 The Petroleum Ministry is likely to ask the private operators developing oil and gas fields in their respective blocks to make available the records sought by the Comptroller and ...

Index Outlook: Market clutching at straws
Even as the looming drought and swine-flu cast a cloud on the proceedings, market participants tried frantically to find a silver lining in the draft tax code and in Ben Bernanke’s statement that the US economy appears to ...

3i Infotech: Buy
The stock trades at a modest valuation despite a blended business model, a favourable geographic-mix and strong deal wins in recent ...

Indian Bank: Buy
Fresh investments can be considered in the Indian Bank stock. Over a two-year horizon, the bank has room to expand its net interest margins, even as it delivers strong credit growth. Indian Bank is a mid-sized public sector bank with almost ...

Allied Digital Services: Buy
Investors with a two-year horizon can buy the shares of Allied Digital Services (Allied Digital), given a healthy change in its business-mix towards services and synergies from acquisition of En Pointe ...

Prism Cement: Book Profit
Shareholders of Prism Cements can consider booking profits. Though an efficient player, the company may not be able to capitalise on the strong cement demand in the north region, given its capacity constraints. The company’s ...

Nucleus Software Exports (Rs 111.1): Buy
Investors with a medium-term perspective can consider buying Nucleus Software Exports. The stock’s structural downtrend that commenced from Rs 600 was arrested in the support band between Rs 39 and 42. Since this low the stock has been ...

DSPBR Opportunities Fund: Invest
Investors can buy the units of DSPBR Opportunities Fund, considering its track record of delivering consistent returns over a long period of time. Over one-, three- and five-year timeframes, the fund has managed to better its benchmark, ...

India’s fiscal responsibility performance is mixed: IMF Paper
New Delhi, Aug. 15 As India wrestles with a possible successor framework to the Fiscal Responsibility and Budget Management Act (FRBMA), following the ballooning of deficit last year, the country’s experience with fiscal rules has so ...

Honda, Toyota India operations decelerate with economy
Vehicle sales down; drop in income. Chennai, Aug. 15 The two leading Japanese car-makers — Honda and Toyota — saw the fortunes of their Indian operations dip in 2008-09, with Honda Siel Cars India Ltd reporting a loss for the year, ...

Weekly News Round up(Latest Audio:Enlgish/Tamil))
The redesigned Web site of The Hindu was launched on Saturday, August 15, in beta. As the Web site of a 130-year-old newspaper of record, it retains its core values of independence, authenticity, and credibility while adopting contemporary ...