The Hindu Business Line : Tuesday, September 08, 2009

Give NHAI fuel cess ‘comfort’ for 21 years, panel tells Govt
Chaturvedi committee for removing hurdles to highway projects. New Delhi, Sept. 7 The high-level committee headed by Mr B. K. Chaturvedi, Member, Planning Commission, wants the Government to make available funds from the fuel cess to the ...

Tech Mahindra bags $400-m Etisalat deal
To implement software applications, IT infrastructure. Etisalat DB, formerly known as Swan Telecom, will outsource implementation of its software applications and IT infrastructure to Tech Mahindra as part of a $400-million (around Rs ...

The Prime Minister, Dr Ma... TODAY'S PICK (Latest Audio: English/Tamil)
Everest Kanto Cylinder (Rs 201.1): Buy
We recommend a buy in the stock of Everest Kanto Cylinder from a short-term perspective. It is evident from the charts that the stock has been on an intermediate-term uptrend since its March bottom of Rs 84. However, after facing ...

Day Trading Guide

Sensex breaches 16K
FII buying, monsoon revival boost sentiment. Mumbai, Sept. 7 The bellwether BSE Sensex on Monday closed above the psychological 16,000-mark for the first time in 15 months on the back of revival in the South-West monsoon, positive global cues ...

Bengal cancels land allotment to IT cos
Infosys, Wipro to be told of scrapping of township project. Kolkata, Sept. 7 It is official now. The West Bengal Information Technology Department, in a post on its Web site on Monday, announced the scrapping of the proposed IT township ...

Jet pilots abort strike plan
Mumbai, Sept. 7 Jet Airways’ pilots have decided not to go ahead with their plan to strike. But the airline still has not reinstated Capt Sam Thomas and Capt D. Balaraman, whose recent sacking led to the strike call by the ...

Veteran sponsors take guard for new cricket season
SLOG OVERS. New Delhi, Sept. 7 There is some interesting cricket coming up — two Test series with the top two cricketing nations and a limited-over clash with Australia. Yet, it is only the usual corporates that are coming forward ...

Reliance says NTPC knew gas price was subject to Govt nod
RIL Executive Director writes to Power Secretary. New Delhi, Sept. 7 Reliance Industries Ltd (RIL) has reiterated that NTPC was aware that the gas price (of $2.34/mBtu) quoted by it in the international competitive bid was subject to ...

Made in India, shipped to China, Thailand
Nissan sends critical components from Chennai to these two countries. Mumbai, Sept. 7 Japanese automaker Nissan has kicked off its India sourcing programme by shipping out key components from its Chennai facility to China ...

Banks step back as you draw out!
Huge rise in ATM transactions puts banks in a spot. Chennai, Sept. 7 Confess! Haven’t you all been going to bank ATMs regularly during the past few months? The sharp rise in the number of transactions at ATMs in the country seems to ...

Global exit strategy needed after recovery
Australian Treasurer praises India’s role in reviving Doha Round. New Delhi, Sept. 7 No return to protectionism and a commitment to medium-term fiscal stability should form the two major components of any ‘exit strategy’ ...

Monsanto testing GM corn as animal feed for India
Technology to help reduce water usage, increase yield. Decatur (Illinois), Sept. 7 After the success of genetically modified cotton in India, Monsanto is interested in extending its product line to include corn (maize), rice, wheat and ...

Retail, media, pharma stocks misses the bus
HUL, Sun Pharma, NTPC lag Sensex performance. BL Research Bureau The BSE Sensex closed at its 2009 high on Monday moving past the 16,000 mark. Though, in a broad sense, it may appear every stock did take part in this rally, the real picture is ...

Rains likely over central parts, west coast
Sunday's deep depression (tropical storm 03B) over land did not show signs of weakening after 36 hours and lay centered over Jharkhand on Monday ...