http://www.thehindubusinessline.com/ Business Daily from THE HINDU group of publications en-us Copyright 2010 The Hindu Business Line Wed, 10 Feb 2010 http://www.thehindubusinessline.com/bline.jpg http://www.thehindubusinessline.com/ 320 62 Horticulture/Fruits & Vegetables http://www.thehindubusinessline.com/2010/02/10/stories/2010021052810101.htm The Centre has put on hold commercialisation of the controversial Bt brinjal, while clarifying that the moratorium imposed is only for the "time-being". Wed, 10 Feb 2010 Pharmaceuticals http://www.thehindubusinessline.com/2010/02/10/stories/2010021052810102.htm In a major test of the five-yearold product patent regime, the Delhi High Court dismissed an appeal by multinational drug-maker Bayer Corporation regarding its advanced renal cancer drug Nexavar. Wed, 10 Feb 2010 Stocks http://www.thehindubusinessline.com/2010/02/10/stories/2010021051311000.htm We recommend a buy in Lanco Infratech from a short-term perspective. It is apparent from the charts that the stock has been on longer term uptrend since its all-time low of Rs 8.3 recorded in October 2008. However, the stock met with a key Wed, 10 Feb 2010 Technical Analysis http://www.thehindubusinessline.com/2010/02/10/stories/2010021051321000.htm Note: In a buy recommendation, the resistances would be the targets and the nearest support would be the stop loss; In a sell recommendation, the supports would be the targets and the nearest resistance would be the stop loss; The recommendation Wed, 10 Feb 2010 Interest Rates http://www.thehindubusinessline.com/2010/02/10/stories/2010021052800100.htm Lending rates may go up only from the first quarter of the next fiscal, the state Bank of India Chairman, Mr O. P. Bhatt, hinted here today. SBI is likely to take a call on hiking the lending rates by Wed, 10 Feb 2010 Off-shore Development http://www.thehindubusinessline.com/2010/02/10/stories/2010021052810100.htm India will continue to dominate the offshore outsourcing landscape in the foreseeable future, despite some tough competition from aspirants such as Brazil, the Philippines or even China, according to outsourcing advisory firm Everest Group. This Wed, 10 Feb 2010 Interest Rates http://www.thehindubusinessline.com/2010/02/10/stories/2010021052730100.htm Commercial banks want the interest rate on savings bank deposits cut to 2.5-3.0 per cent from 3.5 per Wed, 10 Feb 2010 Automobiles http://www.thehindubusinessline.com/2010/02/10/stories/2010021051170200.htm Riding on the back of economic growth, easy availability of finance and the continuing fiscal stimulus, the domestic auto industry has posted the highest ever monthly sales in January. The strong growth is both in terms of passenger car volumes Wed, 10 Feb 2010 NBFCs http://www.thehindubusinessline.com/2010/02/10/stories/2010021052880600.htm Low cost of funds has played as much an important role as the upswing in sales of trucks for vehicle-financing non-banking finance companies (NBFCs) to report a robust performance in third quarter of Wed, 10 Feb 2010 Forex http://www.thehindubusinessline.com/2010/02/10/stories/2010021052890600.htm Rupee spiked higher last week as fears sparked by mounting debt in Greece, Portugal, and Spain sent risk-aversion soaring. This made dollar strengthen against other currencies even as the euro plunged to eight-month low against the greenback. Wed, 10 Feb 2010 Software http://www.thehindubusinessline.com/2010/02/10/stories/2010021051220500.htm Cognizant Technology Solutions Corporation managed to beat its own guidance by reporting a 16 per cent increase in revenue to $3.279 billion for the fiscal ended December 31, 2009, against $2.816 billion in Wed, 10 Feb 2010 Telecommunications http://www.thehindubusinessline.com/2010/02/10/stories/2010021051200500.htm Even as Bharat Sanchar Nigam Ltd is battling declining profits, the public sector unit has gone without a finance head for more than a year due to delays in the selection Wed, 10 Feb 2010 Exports & Imports http://www.thehindubusinessline.com/2010/02/10/stories/2010021052091500.htm The Commerce Ministry said on Tuesday that the merchandise exports in January would be around $14 billion, thereby maintaining positive growth for the third consecutive month after a 13-month Wed, 10 Feb 2010 Cars http://www.thehindubusinessline.com/2010/02/10/stories/2010021051100200.htm Undeterred by the poor showing of the Logan, Renault has put its India plans on the fast track by shifting focus to the buoyant compact car Wed, 10 Feb 2010 Economic Offences http://www.thehindubusinessline.com/2010/02/10/stories/2010021051270900.htm The Swiss Government is reported to have taken a dim view of the decision of the German Government to buy “stolen data” on around 1,500 tax evaders in Switzerland from someone who pilfered the information from official Swiss sources. Wed, 10 Feb 2010 Horticulture/Fruits & Vegetables http://www.thehindubusinessline.com/2010/02/10/stories/2010021052501600.htm The main issue that seemed to have worked against granting clearance to Mahyco's Bt brinjal was the tests undertaken for establishing its safety, both from the human consumption as well as the environment Wed, 10 Feb 2010 Budget http://www.thehindubusinessline.com/2010/02/10/stories/2010021052810103.htm Business Line invites you to tell the Finance Minister your Budget expectations. Send in your Budget wish list (in about 200 words) to BudgetTwentyTen@gmail.com, along with reasoning. Attach your Wed, 10 Feb 2010 Climate & Weather http://www.thehindubusinessline.com/2010/02/10/stories/2010021052401600.htm A day after it triggered a calamitous avalanche over the western Himalayas, the prevailing active western disturbance continued to bring in widespread rain or snowfall over Jammu and Kashmir and Himachal Wed, 10 Feb 2010