The Hindu Business Line : Saturday, January 09, 2010

Karnataka to give farmers say in fixing land price for steel project
The Karnataka Government will take the "consent value" based on consensus between farmers and the Government for arriving at the price for acquiring land for ArcelorMittal's Rs 30,000-crore steel project in ...

NRI investments far short of potential: PM
The Prime Minister, Dr Manmohan Singh, on Friday urged overseas Indians to take a careful look at the long-term investment opportunities now on the horizon pointing out that the Government is optimistic of returning to and sustaining ...

The Prime Minister, Dr Ma... SEBI standardises lot size for equity derivatives
Analysts say this would encourage retail participation. SEBI has standardised the lot size for derivative contracts on individual securities ...

Early trading fails to bring in more volumes
One week of extended trading hours has not translated into any significant increase in traded volumes on the stock ...

More time for Nifty futures trading on SGX
On the heels of the NSE and BSE extending their trading time by one hour, the Singapore Exchange (SGX) is planning to increase its trading window by one hour for trade in derivatives including the S&P ...

Centre offers new deal on Sales Tax loss
States unhappy over VAT on sugar, textiles. States have expressed to the Centre their initial reservations over levy of value-added tax (VAT) on textiles and sugar. This is one of the conditions that the States may be required to meet for ...

Telenor ups stake in Unitech Wireless to 60.11%
Investment at Rs 1,490 crore through fresh issue of equity shares. Telenor Group on Friday announced that it has increased its stake in Unitech Wireless from 49 per cent to 60.11 per cent with an investment of Rs ...

Credit growth tentative still, rate hikes unlikely: Bhatt
SBI sees demand from infrastructure, retail segments. Interest rates are unlikely to rise in the next few months as credit pick-up is still tentative in the banking system, said the State Bank of India Chairman, Mr O. ...

Aggressive competition to prune profits of telecom cos
Network expansion costs also exert pressure on bottomline. Top telecom companies may report a net profit dip in the range of 25 per cent for the third quarter ended December 31 largely due to aggressive pricing measures dragging down margins, ...

Demand, cheaper loans drive Dec car sales up 40%
Still a long way from 2007 levels, says SIAM chief. Boosted by a high demand and the availability of cheaper finance options, passenger car sales in December posted a growth of 40 per cent, over the same month ...

Models raise Expo's glamour quotient
FOUR-WHEELED, TWO-LEGGED. They are gorgeous and the crowds can't seem to get enough of these models at the Auto-Expo, and, no, it's not the cars. The glam-quotient is running high at the country's largest auto-show with the beautiful hostess ...

Virtual interviews catching on
Several corporates, including some IT firms, are now opting to conduct job interviews through video conferencing. The candidates are also comfortable because they need not worry about ...

FII offloads small-cap IT stocks
Investors pruning risky exposures as firm rupee can hurt them: Analysts. The rising rupee seems to have been a trigger for foreign institutional investors to sell many small-cap information technology stocks, going by the data on bulk and block ...

Severe cold wave spreads to central, eastern parts
India Meteorological Department (IMD) sees no significant change in minimum and maximum temperatures over north-west and central India over the next two to ...