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No Diwali cheer for second quarter earnings
Profit fall forecast for Sensex basket. BL Research Bureau Investors should expect no fireworks from the September quarter results that will be unveiled over the next few ...
Anil Ambani offers olive branch to Mukesh
‘RIL welcomes this positive indicator’. Mumbai/ Delhi, Oct. 11 With days to go before the Supreme Court hears the on-going battle between the Ambani brothers, Mr Anil Ambani, offered an olive branch to his elder brother Mukesh ...
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The Prime Minister, Dr Ma...
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TODAY'S PICK (Latest Audio: English/Tamil)
Blue Star (Rs 368): Buy
We recommend a buy in the stock of Blue Star from a short-term perspective. It is evident from the charts of the stock that after taking support at Rs 125 in March, the stock began to trend upward. Since then it has been on an ...
Day Trading Guide
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Spending picks up again as corporates splurge on gifts
New Delhi, Oct. 11 After a subdued season last year, corporate gifting this Diwali is back with ...
Bigger banks now claim a smaller chunk of the pie
Industry gets more competitive even as global trends signal otherwise. BL Research Bureau Even as banks in the West are getting bigger prompting fears of their becoming “ too big to fail”, it is the reverse as far as the Indian ...
As travellers pack their bags, cos see healthier bottomlines
HIGH COSTS NO ISSUE. New Delhi, Oct. 11 This Diwali will bring joy not only to the huge numbers of Indians travelling on holiday but also to the travel companies that are expecting healthier bottomlines as the cost of holidaying ...
Companies free to decide on CEO salaries, says PM
‘Inflationary trend will moderate in coming months’. Mumbai, Oct. 11 Companies will have the freedom to decide on CEO salaries, said the Prime Minister Dr Manmohan Singh, laying to rest, for the time being, concerns that Government ...
ONGC Mittal Energy cautious on future projects
Transfer of Mittal’s stake in Caspian Investment to OMEL being worked out. New Delhi, Oct. 11 The promoters of ONGC Mittal Energy Ltd (OMEL), ONGC and steel baron Mr L.N. Mittal, would like to tread cautiously on their future oil and gas ...
Gold seen making headway on bleak dollar prospects
The metal will first have to consolidate at the current level. Gold hit a record high of $1,069 an ounce this week (on Thursday) before closing at $1,048.60 as the dollar strengthened. Before looking into where the yellow metal is headed ...
Comex gold may correct lower
Comex gold futures ended lower on Friday due to profit-taking as the market took a breather on the dollar’s rebound the day after this week’s sharp rally pushed gold to a record high above $1,060 an ounce. On Thursday, the ...
Corrective phase to linger but panic to stay out
Liquidity inflow likely to be lower than in recent weeks. This week Dalal Street may continue to remain in the correction mode. It is possible that some investors, both local and overseas, will ...
Kingfisher Airlines likely to see range-bound movement
F&O QUERIES. I bought three lots of Kingfisher Airlines Ltd 4,250 (total 12,750) of KFA CA 60 Oct contract. My average buying price was Rs 3.43. The day I purchased the underlying was quoting around Rs 58. The contract is currently trading at ...
Iron ore exports — Rising transport costs
India has a competitive edge over Brazil and Australia in sea freight due to the shorter haul to the Chinese market, which imports nearly 88 per cent of India’s iron ore exports. However, it is the high cost of inland transport, and not ...
Small, medium firms post rise in turnover, profitability in Q2: CII Survey
New Delhi, Oct.11 The second quarter of the current fiscal may well have been the upturn point for the micro, small and medium enterprises (MSMEs) sector, according to a MSME outlook survey conducted by the Confederation of Indian ...
Monsoon preparing to withdraw from more parts of the country
Weather activity in the North-East has more or settled clearing the way for southwest monsoon to withdraw from remaining parts of northwest, and some parts of east and central India during the next two ...
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