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Thursday, August 20, 2009
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Ministry lays the road for global players with mega projects
New clauses planned for Rs 4,000-5,000-crore contracts. The Ministry of Road Transport and Highways is actively pursuing mega projects in the highways sector to attract international ...

Retail loan rates may dip further: SBI chief
Hyderabad, Aug. 19 Retail borrowers, including home and auto loan seekers, can expect a further lowering of interest rates in the next three to six months as banks report better liquidity positions and appetite for domestic ...

The UPA Chairperson, Ms S...
TODAY'S PICK (Latest Audio: English/Tamil)
New Delhi Television (Rs 162.45): Sell
We recommend a sell in the stock of New Delhi Television from a short-term perspective. It is apparent from the charts that the stock has been on a medium-term uptrend from its July low of Rs 104. However, the stock encountered resistance ...

Day Trading Guide

Gold loses glitter in June quarter
Mumbai, Aug. 19 Gold demand in the second quarter of 2009 was down 38 per cent to 109 tonnes on the back of high prices and weak economic conditions, according to the Gold Demand Trends published by the World Gold ...

Despite low rice output forecast, basmati MEP cut to $800/tonne
Rationale for move that may push exports questioned. New Delhi, Aug. 19 Even as the Agriculture Minister, Mr Sharad Pawar, has confirmed that the country’s rice output may drop by 10 million tonnes this year and put “pressure on ...

Victoria still rules the Indian skies
CALL SIGN FOR AIRCRAFT. New Delhi, Aug 19 The remnants of the Raj era is lingering in the Indian skies, albeit only through a couple of letters: VT — short for Victoria’s Territory. VT is the registration code for aircraft registered ...

Internet is the next big marketing platform
CII Summit tells cos to use the power of digital media. The advantages of marketing via digital media were put forward by speakers on the second day of the two-day CII Annual Marketing ...

Banks step up issue of certificates of deposit
RBI anticipated to exit monetary expansion. Bangalore, Aug. 19 After a long lull, banks have stepped up short-term resource mobilisation through issue of certificates of ...

Soon, shopowners and teachers will turn ‘bankers’
RBI favours more ’banking correspondents’. Mumbai, Aug.19 Individuals such as shop owners, PCO operators, petrol pump owners, retired teachers and members of self-help groups will soon be able to offer services as banking ...

Petrol, diesel losses flare up as refiners keep fingers crossed
With power cuts looming large, cos see diesel use going up. Mumbai, Aug. 19 In less than three weeks, the public sector oil refiners have seen losses on subsidised fuels jump 30 per cent even while global crude prices are firming up at $70 ...

Apply for public issues through SMS
Ekkay Magic’s new service allows modification of bids at later stage. Mumbai, Aug. 19 Ekkay Magic, a Baroda-based IT services company that focuses on software development and related services, has launched a service that allows investors ...

Adani Power to be listed today
Mumbai, Aug. 19The shares of Adani Power will be listed on the BSE and the NSE on ...

Tata DoCoMo open to buying new players in India
Looks to set up application development centre in India. Tokyo, Aug. 19 Japanese telecom major NTT DoCoMO, along with its Indian partner Tata Teleservices may snap up one of the new mobile operators as consolidation in the Indian market begins ...

Arabian Sea warms up ahead of reviving monsoon
India Met Department (IMD) has forecast the possibility of isolated heavy rainfall over west coast during the next two days ahead of an organised revival of monsoon over the west ...

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Markets (Aug 19)
Nifty (at close)4,394.10(-64.80)
US Dollar (Buy/Sell)48.79/80
Brent crude (a bbl) Rs3,529
Gold (a gram) Rs1,389
Silver (a kg) Rs24,110

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