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Tata Chemicals (Rs 351.1): Sell
We recommend a sell in the stock of Tata Chemicals from a short-term perspective. It is seen from the charts of the stock that after encountering long-term resistance (May 2008's peak) around Rs 440 in October 2010, it changed direction and ...
Day Trading Guide
Business Line's Web site gets a new design
The redesigned Web site of The Hindu Business Line (http://www.thehindu businessline.com) will be launched on Friday afternoon. The Web site, designed by Mario Garcia Jr. of Garcia Media, Tampa, Florida, will provide for an elegant ...
CAG takes dim view of Air India's aircraft acquisition
The Comptroller and Auditor-General (CAG) is believed to have come down heavily on Air India on the 111 planes it has bought for over Rs 40,000 crore ...
Govt revives PDS kerosene marker to curb adulteration
GPS tracking system, online updates of daily dispatch on cards. To curb the diversion of subsidised petroleum products and adulteration of auto fuel, the Ministry for Petroleum and Natural Gas has decided to re-introduce the marker system, ...
Apex court asks Govt for black money sources, action taken
The Supreme Court on Thursday sought to know from the Government the exact sources of black money, and asked if illegal wealth siphoned off from India to foreign banks was from arms dealing, smuggling and ...
Power capacity addition heads for record this fiscal
Surge comes from private developers; Eleventh Plan target may still be missed. Bolstered by a stellar performance by private sector developers, the power capacity addition during the first nine months of the current fiscal has already surpassed ...
Cotton flares up on mill demand, global cues
Prices touch Rs 50,000 a candy. Cotton prices touched Rs 50,000 for a candy (356 kg) on Thursday on higher demand from mills in the South and a flare-up in ...
Expansion in advances drives HDFC Bank profits
Net interest margin dips on higher interest costs. HDFC Bank continues to deliver a strong profit growth, 32.9 per cent year-on-year, thanks to expansion in advances translating to strong net ...
Inflation fears keep edible oils on leash
Higher food inflation and expected Government measures to contain it kept edible oil prices and trade ...
Costlier vegetables keep food inflation on the boil
Index up 15.57%; rise in fuel prices slows. Bucking the declining trend seen for two consecutive weeks, food inflation showed a minor uptick, with vegetables, dairy items and poultry products mainly ...
Jet Air puts cargo airline plan on the backburner
Deterred by lack of integration system, infrastructure. Jet Airways has shelved its idea of starting a cargo airline, at least for now. The carrier will continue to concentrate on increasing its cargo uplift through the belly space of aircraft, ...
Palmolein case was not placed before CVC selection panel: Govt
The Government on Thursday informed the Supreme Court that the issue that there was a chargesheet in the palmolein import case against Mr P.J. Thomas and that sanction was granted by the Kerala Government for his prosecution in the matter, ...
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