http://www.thehindubusinessline.com/ Business Daily from THE HINDU group of publications en-us Copyright 2009 The Hindu Business Line Thu, 26 Nov 2009 http://www.thehindubusinessline.com/bline.jpg http://www.thehindubusinessline.com/ 320 62 Banking http://www.thehindubusinessline.com/2009/11/26/stories/2009112652100100.htm The Reserve Bank of India may give banks a breather by extending the deadline for increasing the provision coverage for non-performing assets (NPAs) to 70 per cent from September 2010 to March 2011. Thu, 26 Nov 2009 Stock Markets http://www.thehindubusinessline.com/2009/11/26/stories/2009112652120100.htm Several illiquid and dormant stocks have now got a fresh lease of life on the exchanges. Thu, 26 Nov 2009 Stocks http://www.thehindubusinessline.com/2009/11/26/stories/2009112651861000.htm We recommend a buy in Vardhman Textiles from a short-term horizon. It is evident from the charts of the stock that it has been on an intermediate-term uptrend since March low of Rs 43. Moreover, with in this uptrend the stock was on a medium-term Thu, 26 Nov 2009 Stocks http://www.thehindubusinessline.com/2009/11/26/stories/2009112651861001.htm We recommend a sell in DLF as the near-term stance is bearish. Initiate fresh short-position if ICICI Bank drops below Rs 885 and SBI declines below Rs 2,300, with firm stop-loss. Avoid Thu, 26 Nov 2009 Mutual Funds http://www.thehindubusinessline.com/2009/11/26/stories/2009112652130100.htm Mumbai, Nov. 25 From November 30, investors will be able to transact in mutual funds units via the National Stock Exchange’s fully automated online system. The exchange has issued elaborate guidelines in this Thu, 26 Nov 2009 Economic Offences http://www.thehindubusinessline.com/2009/11/26/stories/2009112652110100.htm New Delhi, Nov. 25 The Corporate Affairs Minister, Mr Salman Khursheed, said on Wednesday that the arrest of Mr R. Vasudevan, Member, Company Law Board, will have no bearing on the Satyam scam case. The Minister also ruled out a re-look at other Thu, 26 Nov 2009 Software http://www.thehindubusinessline.com/2009/11/26/stories/2009112651060400.htm Hyderabad, Nov. 25 Making computers accessible for those who don’t know English, Microsoft Corporation has said that it would soon release transliteration tools for six Indian languages – Tamil, Telugu, Hindi, Bengali, Kannada and Thu, 26 Nov 2009 Gems & Jewellery http://www.thehindubusinessline.com/2009/11/26/stories/2009112651981500.htm New Delhi, Nov. 25 The gems and jewellery industry wants provisions such as search and seizure and tax on gross assets in the Direct Taxes Code to be modified. Thu, 26 Nov 2009 Exports & Imports http://www.thehindubusinessline.com/2009/11/26/stories/2009112651391600.htm The Union Minister of Textiles, Mr Dayanadhi Maran, on Wednesday said the current situation does not warrant any ban on raw cotton export. Thu, 26 Nov 2009 Petroleum http://www.thehindubusinessline.com/2009/11/26/stories/2009112650920300.htm New Delhi, Nov. 25 Domestic crude oil output continued with its declining trend in October, with production dropping by 2.2 per cent against the same month last year. Natural gas production remained robust registering a 44.2 per cent increase Thu, 26 Nov 2009 Climate & Weather http://www.thehindubusinessline.com/2009/11/26/stories/2009112651321601.htm Significantly, the UK Met Office mode has predicted that the system may fail to make the grade and die out over the south-east Bay. Thu, 26 Nov 2009 Stocks http://www.thehindubusinessline.com/2009/11/26/stories/2009112651891000.htm BL Research Bureau The stock market may have reacted too soon in marking up the entire pack of sugar stocks, in response to the announcement that mills in Uttar Pradesh had reached an agreement with growers on a cane price of Rs 190-195/quintal Thu, 26 Nov 2009 Terrorism http://www.thehindubusinessline.com/2009/11/26/stories/2009112650411800.htm Mumbai, Nov. 25 If there is one thing Mumbai needed after the brazen attacks of November 26, it was a sense of security. It took just 10 gunmen to inflict wounds on the city, and the scars run deep, even a year on. Thu, 26 Nov 2009