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Friday, May 21, 2004

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OFFHAND
Nasscom to note
THE National Association of Software and Service Companies (Nasscom), under the stewardship of Mr Kiran Karnik, has been blazing new trails in several directions. Of these, worth a laudatory mention, are its efforts to ... More

MICROSCOPE
Tata Steel: Cost-trimming boosts profits
THE over 70 per cent growth in Tata Steel's bottomline for 2003-04 has come not just out of the higher price realisations that most steel manufacturers benefited from last year, but also from a strong improvement in productivity and continued ... More

Tata Motors: An exceptional fourth quarter performance
TATA Motors has continued its growth story with an exceptional performance in the fourth quarter. Turnover and earnings before tax and extraordinary items in the January-March 2004 period accounted for 31 and 35 per cent respectively of the ... More

ON MINT STREET
Now Govt has to top up funds banks need to grow
THE Prime Minister, Dr Manmohan Singh, has ruled out privatisation of public sector banks. That could spell the demise of the most crucial amendment suggested by the Narasimham Committee appointed by Dr Singh as the Union Finance Minister. The ... More

EAR TO THE GROUND
Firm on systematic growth
M&M and Punjab Tractors rule firm on systemic growth and expectations of good numbers. Sustained support by funds was one reason why the stocks of tractor companies, M&M and Punjab Tractors, were ruling firm on the bourses on Thursday. ... More

ON THE HEDGE
HPCL: Outlook positive, buy June futures
THE following strategies are based on Thursday's trading in the spot and the derivatives segments on the NSE: HPCL: The stock closed at Rs 323 in the spot market. It has declined from a high of Rs 543 to a low of Rs 265 in three legs. ... More

SENSOR
Two-day rally snaps; mixed bag for banks
TRUE to the adage that all good things have to come to an end, the markets snapped a two-day winning streak, which saw them gaining in excess of 500 points, to end lower by 73.99 points at 4932.11 points, as they shut shop for Thursday. More




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