http://www.thehindubusinessline.com/iw/ Business Daily from THE HINDU group of publications en-us Copyright 2010 The Hindu Business Line Sun, 07 Feb 2010 http://www.thehindubusinessline.com/bline.jpg http://www.thehindubusinessline.com/iw/ 320 62 Insight http://www.thehindubusinessline.com/iw/2010/02/07/stories/2010020751700500.htm With the close of the earnings season for the December 2009 quarter, it's interesting to take stock of how India Inc has performed. Well, net profits grew an impressive 53 per cent for the over 2,400 listed companies. Two in every 10 companies With the close of the earnings season for the December 2009 quarter, it's interesting to take stock of how India Inc has performed. Well, net profits grew an impressive 53 per cent for the over 2,400 listed companies. Two in every 10 companies Sun, 07 Feb 2010 Technical Analysis http://www.thehindubusinessline.com/iw/2010/02/07/stories/2010020750290700.htm Indian investors had to trudge on a treacherous path last week. Just when it seemed to be smoothening and market participants began to breathe easy, a chasm suddenly opened up on Thursday, making the Sensex plunge over 700 points in just two Indian investors had to trudge on a treacherous path last week. Just when it seemed to be smoothening and market participants began to breathe easy, a chasm suddenly opened up on Thursday, making the Sensex plunge over 700 points in just two Sun, 07 Feb 2010 Stocks http://www.thehindubusinessline.com/iw/2010/02/07/stories/2010020752880100.htm Fresh investments can be considered in the Power Finance Corporation (PFC) stock that appears a good defensive bet within the financial Fresh investments can be considered in the Power Finance Corporation (PFC) stock that appears a good defensive bet within the financial Sun, 07 Feb 2010 Stocks http://www.thehindubusinessline.com/iw/2010/02/07/stories/2010020751030900.htm Shareholders can consider booking profits on their holdings in Dr Reddy's Laboratories (DRL). The stock has since our last ‘buy' recommendation gained over 60 per cent. While a strong set of numbers in the just-ended December quarter, Shareholders can consider booking profits on their holdings in Dr Reddy's Laboratories (DRL). The stock has since our last ‘buy' recommendation gained over 60 per cent. While a strong set of numbers in the just-ended December quarter, Sun, 07 Feb 2010 Stocks http://www.thehindubusinessline.com/iw/2010/02/07/stories/2010020751050900.htm Investors with moderate risk and return expectations can consider taking exposure in the abrasive and industrial ceramics manufacturer, Grindwell Norton. Pick-up in capex spending by user industries, ability to retain significant market share and Investors with moderate risk and return expectations can consider taking exposure in the abrasive and industrial ceramics manufacturer, Grindwell Norton. Pick-up in capex spending by user industries, ability to retain significant market share and Sun, 07 Feb 2010 IPOs http://www.thehindubusinessline.com/iw/2010/02/07/stories/2010020751040900.htm Investors can avoid the initial public offering of Hathway Cable & Datacom, a cable distribution and broadband services provider, given the inherent challenges in driving realisations in both the segments that it operates in and the severe Investors can avoid the initial public offering of Hathway Cable & Datacom, a cable distribution and broadband services provider, given the inherent challenges in driving realisations in both the segments that it operates in and the severe Sun, 07 Feb 2010 IPOs http://www.thehindubusinessline.com/iw/2010/02/07/stories/2010020751020900.htm A relatively low asking price and a focus on government projects make the offer from ARSS Infrastructure Projects a reasonable bet, but only for investors with a high-risk A relatively low asking price and a focus on government projects make the offer from ARSS Infrastructure Projects a reasonable bet, but only for investors with a high-risk Sun, 07 Feb 2010 Mutual Funds http://www.thehindubusinessline.com/iw/2010/02/07/stories/2010020750960800.htm A long-term track record of good performance, proven ability to ride out corrections better than most peer funds and benchmark, and a focussed exposure to blue-chip equities makes Birla Sun Life Frontline Equity Fund an apt investment option.That A long-term track record of good performance, proven ability to ride out corrections better than most peer funds and benchmark, and a focussed exposure to blue-chip equities makes Birla Sun Life Frontline Equity Fund an apt investment option.That Sun, 07 Feb 2010 Technical Analysis http://www.thehindubusinessline.com/iw/2010/02/07/stories/2010020750250700.htm Reliance Industries could not move above Rs 1,056 in the early part of last week and crumpled to the low of Rs 975 by Friday. The stock faces strong resistance atRs 1,030 where the 200-day moving average is positioned. Fresh shorts can be Reliance Industries could not move above Rs 1,056 in the early part of last week and crumpled to the low of Rs 975 by Friday. The stock faces strong resistance atRs 1,030 where the 200-day moving average is positioned. Fresh shorts can be Sun, 07 Feb 2010 Technical Analysis http://www.thehindubusinessline.com/iw/2010/02/07/stories/2010020750280700.htm Despite the recent uptrend seen in the special trading session on Saturday and the US market's weak rebound on Friday, bears may continue to wield a higher influence on the markets next week. While it is difficult to say at this point what Despite the recent uptrend seen in the special trading session on Saturday and the US market's weak rebound on Friday, bears may continue to wield a higher influence on the markets next week. While it is difficult to say at this point what Sun, 07 Feb 2010 Technical Analysis http://www.thehindubusinessline.com/iw/2010/02/07/stories/2010020750270700.htm IFCI (Rs 51.2): The stock has been moving in a narrow range of Rs 46-54 for quite some. The stock finds its major resistance at Rs 59 and support at Rs IFCI (Rs 51.2): The stock has been moving in a narrow range of Rs 46-54 for quite some. The stock finds its major resistance at Rs 59 and support at Rs Sun, 07 Feb 2010 Technical Analysis http://www.thehindubusinessline.com/iw/2010/02/07/stories/2010020751770600.htm I would like advice on MIC Electronics which I am holding at an average of Rs 70 per share. Can I continue holding it for another 6 months? I also need guidance on the future of Tech Mahindra purchased at Rs 1,300. Sarita Varma, Tom I would like advice on MIC Electronics which I am holding at an average of Rs 70 per share. Can I continue holding it for another 6 months? I also need guidance on the future of Tech Mahindra purchased at Rs 1,300. Sarita Varma, Tom Sun, 07 Feb 2010 Insight http://www.thehindubusinessline.com/iw/2010/02/07/stories/2010020751720500.htm After a year of incentives doled out by the government and the central bank, have the industries responded to the ‘stimuli' with a good set of financial numbers? Numbers for the latest December quarter do suggest so. Thirty of the 35 key After a year of incentives doled out by the government and the central bank, have the industries responded to the ‘stimuli' with a good set of financial numbers? Numbers for the latest December quarter do suggest so. Thirty of the 35 key Sun, 07 Feb 2010 Investments http://www.thehindubusinessline.com/iw/2010/02/07/stories/2010020751171300.htm I am Gulshan, aged 42. My wife, aged 39, is a home-maker. We have two children, aged 12 and seven. I worked abroad for some years and am now settled in India. I decided not to take up employment but lead a retired life with my I am Gulshan, aged 42. My wife, aged 39, is a home-maker. We have two children, aged 12 and seven. I worked abroad for some years and am now settled in India. I decided not to take up employment but lead a retired life with my Sun, 07 Feb 2010 Insurance http://www.thehindubusinessline.com/iw/2010/02/07/stories/2010020751241400.htm The familiar disclaimer that accompanies every advertisement for insurance, ‘Insurance is the subject matter of solicitation', underscores the vital role that information plays in the insurance business. The familiar disclaimer that accompanies every advertisement for insurance, ‘Insurance is the subject matter of solicitation', underscores the vital role that information plays in the insurance business. Sun, 07 Feb 2010 Real Estate & Construction http://www.thehindubusinessline.com/iw/2010/02/07/stories/2010020751801500.htm It was a quarter of mixed tidings for the real-estate sector with large players such as DLF, Unitech, HDIL, Sobha Developers and Parsvnath demonstrating a strong year-on-year topline growth, although net profit in certain cases continued to be It was a quarter of mixed tidings for the real-estate sector with large players such as DLF, Unitech, HDIL, Sobha Developers and Parsvnath demonstrating a strong year-on-year topline growth, although net profit in certain cases continued to be Sun, 07 Feb 2010 Books http://www.thehindubusinessline.com/iw/2010/02/07/stories/2010020751231400.htm Good ideas repeated often enough can begin to sound like cliches. Lauren Templeton and Scott Phillips' book, Investing the Templeton Way, has some nice ideas. Problem is they have been said quite a few times Good ideas repeated often enough can begin to sound like cliches. Lauren Templeton and Scott Phillips' book, Investing the Templeton Way, has some nice ideas. Problem is they have been said quite a few times Sun, 07 Feb 2010 Real Estate & Construction http://www.thehindubusinessline.com/iw/2010/02/07/stories/2010020751811500.htm The promoters of ‘Namma Veedu' Vasanta Bhavan, a Chennai-based hotel chain, have launched a 50-room boutique hotel that marries, according to its promoters, two of Chennai's favourite pastime — movies and dining The promoters of ‘Namma Veedu' Vasanta Bhavan, a Chennai-based hotel chain, have launched a 50-room boutique hotel that marries, according to its promoters, two of Chennai's favourite pastime — movies and dining Sun, 07 Feb 2010 Real Estate & Construction http://www.thehindubusinessline.com/iw/2010/02/07/stories/2010020751821500.htm The IT hub of Hinjewadi on the north western outskirts of Pune is home to prominent industry leaders such as TCS, Infosys, Wipro, Cognizant and KPIT Cummins and a workplace for over one lakh people. With the workforce here estimated to double in The IT hub of Hinjewadi on the north western outskirts of Pune is home to prominent industry leaders such as TCS, Infosys, Wipro, Cognizant and KPIT Cummins and a workplace for over one lakh people. With the workforce here estimated to double in Sun, 07 Feb 2010 Investments http://www.thehindubusinessline.com/iw/2010/02/07/stories/2010020751271400.htm Why do companies come out with rights issues? Why are they priced below market price? What happens to valuations? Can the rights be sold to others? If these questions crop up in one's mind, here's demystifying what a rights issue is all about and Why do companies come out with rights issues? Why are they priced below market price? What happens to valuations? Can the rights be sold to others? If these questions crop up in one's mind, here's demystifying what a rights issue is all about and Sun, 07 Feb 2010 Real Estate & Construction http://www.thehindubusinessline.com/iw/2010/02/07/stories/2010020751791500.htm The latest RICS Indian Commercial Property Survey suggests that rental activity in India has picked up in the fourth quarter with the tenant demand happening across office, industrial and retail spaces. But the increase in supply of built-up The latest RICS Indian Commercial Property Survey suggests that rental activity in India has picked up in the fourth quarter with the tenant demand happening across office, industrial and retail spaces. But the increase in supply of built-up Sun, 07 Feb 2010 Income Tax http://www.thehindubusinessline.com/iw/2010/02/07/stories/2010020751191300.htm Recently I read in The Hindu that both husband and wife can claim income-tax benefits in respect of interest payment and principal repayment on a housing loan. We have taken a housing loan with me as the applicant and my husband as co-applicant. Recently I read in The Hindu that both husband and wife can claim income-tax benefits in respect of interest payment and principal repayment on a housing loan. We have taken a housing loan with me as the applicant and my husband as co-applicant. Sun, 07 Feb 2010 Interview http://www.thehindubusinessline.com/iw/2010/02/07/stories/2010020751010800.htm Mr Krishna Sanghavi, Head of Equity, Kotak AMC shares his views on the outlook for the markets and sectors to bet Mr Krishna Sanghavi, Head of Equity, Kotak AMC shares his views on the outlook for the markets and sectors to bet Sun, 07 Feb 2010 Stock Markets http://www.thehindubusinessline.com/iw/2010/02/07/stories/2010020750300700.htm Investors typically (over) diversify across assets to reduce the downside risk in the stock market. Those who take the mutual fund route simply buy diversified funds. Others who construct self-directed portfolios, however, face a problem; for Investors typically (over) diversify across assets to reduce the downside risk in the stock market. Those who take the mutual fund route simply buy diversified funds. Others who construct self-directed portfolios, however, face a problem; for Sun, 07 Feb 2010 Economics http://www.thehindubusinessline.com/iw/2010/02/07/stories/2010020751251400.htm Recently, I was at the airport, waiting for a flight that was long delayed. As most others do, I headed for the snack bar, determined to have some healthy food. I ended up ordering the least healthy food and a strong dose of caffeine. Can Recently, I was at the airport, waiting for a flight that was long delayed. As most others do, I headed for the snack bar, determined to have some healthy food. I ended up ordering the least healthy food and a strong dose of caffeine. Can Sun, 07 Feb 2010 Mutual Funds http://www.thehindubusinessline.com/iw/2010/02/07/stories/2010020750970800.htm A large number of equity funds have failed to match the market indices in the stock market rally of the past year. A compilation of returns shows that 119 of the 256 open-end equity funds in operation (including theme funds) missed the bus in A large number of equity funds have failed to match the market indices in the stock market rally of the past year. A compilation of returns shows that 119 of the 256 open-end equity funds in operation (including theme funds) missed the bus in Sun, 07 Feb 2010 Mutual Funds http://www.thehindubusinessline.com/iw/2010/02/07/stories/2010020750950800.htm A compounded annualised return of less than 3per cent since inception in March 2006 does not augur well for investors holding Kotak Lifestyle Fund in their portfolio. The fund's unimpressive performance compared with its benchmark, CNX 500, over A compounded annualised return of less than 3per cent since inception in March 2006 does not augur well for investors holding Kotak Lifestyle Fund in their portfolio. The fund's unimpressive performance compared with its benchmark, CNX 500, over Sun, 07 Feb 2010 Books http://www.thehindubusinessline.com/iw/2010/02/07/stories/2010020751201300.htm One of the villages in Kalahandi district of Orissa is Rupra Road. “The village is bustling and cosmopolitan, judging by the four different styles and weaves of women's saris on display at the market: Adivasi, Dalit, Marwari, and Oriya. One of the villages in Kalahandi district of Orissa is Rupra Road. “The village is bustling and cosmopolitan, judging by the four different styles and weaves of women's saris on display at the market: Adivasi, Dalit, Marwari, and Oriya. Sun, 07 Feb 2010 Events http://www.thehindubusinessline.com/iw/2010/02/07/stories/2010020751301400.htm HDFC Bank has introduced a monthly deposit scheme named HDFC Systematic Savings Plan that will offer its customers a variable rate of interest. Under the scheme, customers can deposit a fixed instalment, with a minimum amount of Rs 2,000 and a HDFC Bank has introduced a monthly deposit scheme named HDFC Systematic Savings Plan that will offer its customers a variable rate of interest. Under the scheme, customers can deposit a fixed instalment, with a minimum amount of Rs 2,000 and a Sun, 07 Feb 2010 Stock Markets http://www.thehindubusinessline.com/iw/2010/02/07/stories/2010020751780600.htm E-mail your guess before Tuesday to: Sun, 07 Feb 2010 Mutual Funds http://www.thehindubusinessline.com/iw/2010/02/07/stories/2010020751000800.htm I am a teacher by profession and newly married. My husband is an engineer. Please take a look at our existing portfolio and suggest improvements. We don't see any reason to withdraw money from mutual funds in the near future. About 45 per cent of I am a teacher by profession and newly married. My husband is an engineer. Please take a look at our existing portfolio and suggest improvements. We don't see any reason to withdraw money from mutual funds in the near future. About 45 per cent of Sun, 07 Feb 2010 Mutual Funds http://www.thehindubusinessline.com/iw/2010/02/07/stories/2010020750990800.htm Sundaram BNP Paribas Mutual Fund has declared dividend under its scheme- Sundaram BNP Paribas India Leadership Fund. The quantum of dividend decided for distribution is 20 per cent (Rs 2 per unit). The record date is February Sundaram BNP Paribas Mutual Fund has declared dividend under its scheme- Sundaram BNP Paribas India Leadership Fund. The quantum of dividend decided for distribution is 20 per cent (Rs 2 per unit). The record date is February Sun, 07 Feb 2010