The Hindu Business Line : Friday, September 04, 2009

SEBI gets tough on promoters issuing preferential warrants
Redundant provisions removed, others modified to ensure more clarity. Mumbai, Sept 3 The Securities and Exchange Board of India is turning a stricter eye on company promoters who have been issued preferential warrants, saying that they will have ...

Lamy hopes Delhi meet will map out closure of Doha Round
New Delhi, Sept. 3 The World Trade Organisation Director-General, Mr Pascal Lamy, on Thursday hoped that the Delhi mini-ministerial meeting will be the “beginning of the endgame” for the protracted Doha Round of multi-lateral talks ...

The ACMA Golden Jubilee L... TODAY'S PICK (Latest Audio: English/Tamil)
Bajaj Auto Finance (Rs 224.5): Buy
We recommend a buy in Bajaj Auto Finance from a short-term horizon. It is evident from the charts that the stock has been on an intermediate-term uptrend, forming higher peaks and troughs since March low of Rs 43. In mid-July, the stock ...

Day Trading Guide

Domestic consumption holds the key to India’s turnaround
Private domestic consumption as share of GDP higher than China’s. New Delhi, Sept 3 India’s domestic consumer goods and services market is now close to half of China’s in terms of sheer size, even though India’s GDP is ...

Fiat Group to source components worth $1 b from India
New Delhi, Sept. 3 Italian carmaker Fiat will source more than $1 billion worth components for its global businesses in 2010 from ...

YSR killed in copter crash; Rosaiah sworn in CM
Hyderabad, Sept 3 In the end the worst fears came true. And the agonising truth sank in — the 60-year-old Andhra Pradesh Chief Minister, Dr Y. S. Rajasekhara Reddy, is no ...

YSR: Tribute to a people’s man
The Congress party’s extreme misfortune… even a sort of curse… continues in its losing yet another charismatic and important leader in an accident. The Andhra Pradesh Chief Minister, Y. S. Rajasekhara Reddy, the man who played ...

Deaths in the air
Hyderabad, Sept. 3 The death of the Andhra Pradesh Chief Minister, Dr Y. S. Rajasekhara Reddy, along with four others in a Bell-430 helicopter crash in the dense forest region of Nallamala near Kurnool has once again turned the spotlight on ...

Flight safety: When will we ever learn?
Political demises in air crashes seem to take place with sickening regularity and our aviation system may have got the biggest jolt with the accident that took the life of the Andhra Pradesh Chief Minister, Y. S. Rajasekhara Reddy, and ...

Inflation rate inches up on costlier food
Wholesale Price Index of all commodities rises to 240.7 points. New Delhi, Sept 3 The annual Wholesale Price Index-based inflation declined 0.21 per cent during the week ended August 22, its twelfth successive fall in as many weeks, according to ...

Sugar users must produce CA certificate on offtake
Anyone using over 1,000 kg to be covered by stock limit. Chennai, Sept 3 Any industry or person using more than 10 quintals or 1,000 kg of sugar will be covered under the sugar stocks limit. The users will have to produce a certified copy from ...

SBI announces special drought relief schemes
Mumbai, Sept. 3 State Bank of India has announced special drought relief schemes for farmers availing themselves of minor irrigation and crop loans, in view of the weak monsoon and drought conditions, a press release issued on Thursday ...

Ad industry growth will come from new markets: WPP chief
Says digital media will drive growth; bullish on India operations. Bangalore, Sept. 3 The growth for the advertising industry will come from the new markets in Asia and Latin America, said Sir Martin Sorrell, CEO, WPP, the advertising and ...

15-day free-look period for health insurance policies
Mumbai, Sept. 3 If you buy a health insurance policy and realise that you are not agreeable with the terms and conditions then the same can be returned to the general insurance company within 15 days ...

The truth about rising prices
It has become something of a ritual. Statistics showing that inflation is yet in negative territory; and predictions telling us that this scenario will come to an end once the base effect have ...

New low to drive rains from east to north-west
The anticipated low-pressure area has formed over west-central and adjoining northwest Bay of Bengal off the Orissa coast, an India Meteorological Department (IMD) update said on ...