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Tata Tele plans to invest $2 b in mobile services
GSM rollout by year end; CDMA network in more circles. Agra, Aug. 9 Outlining its road map for the telecom sector, Tata Teleservices on Saturday said it will invest $2 billion over the next two years in rolling out mobile services using both ...
Beaten-down sectors lead the rally
Over 400 stocks deliver returns of 20%-plus. What is the investment that can deliver a 20 per cent return in three weeks? Believe it or not, the answer is still ‘stocks’. ...
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Crop damage: A far...
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FII activity in 2008 — Still some glimmer of hope
FIIs are not unabashedly bullish about the Indian stock market any more, as is evident from the $6.4 billion of net redemptions by them so far in 2008. That accounts for about 11 per cent of the cumulative investments put in by them since they ...
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Metso ramping up Indian investments
€30-m Metso Park project under way. Metso Minerals is stepping up its India investments to cater to increased demand for crushing and vibrating equipment and pumps in the country, and related service products. ...
Al Jazeera English in talks with Indian broadcasters
New Delhi, Aug. 9 Al Jazeera English, the Doha-headquartered television channel, is in talks with news and regional broadcasters in India as it waits for its uplinking licence from the Ministry of Information and Broadcasting. ...
Infosys to set up its largest campus in Hyderabad
Coming up on 447 acres at an investment of Rs 1,250 crore. Hyderabad, Aug 9 Infosys Technologies plans to invest Rs 1,250 crore to create its single largest campus on a 447-acre campus at Pocharam near Hyderabad with a capacity to host 25,000 ...
Rain wreaks havoc in AP, Met office warns of more
Hyderabad, Aug. 9 Incessant rain in the last 24 hours in Andhra Pradesh has caused widespread damage to life and property across the State. According to the Meteorological Department, widespread rainfall is likely over Orissa and coastal ...
Ma Foi now under Randstad fold
Chennai, Aug. 9 Ma Foi Management, which has been a part of the Vedior group since 2004, has now become a part of the Netherlands-based Randstad, the second largest HR services company in the world. ...
Will dear money policy pay off?
The RBI’s move to raise the repo rate and cash reserve ratio (CRR) sharply upwards has raised a lot of eyebrows with some feeling that it may be an overreaction to the inflation threat. This is especially so given that it follows a hike in ...
Index Outlook
Volatility was conspicuous by its absence in the equity markets last week. Trading was almost dull without the wild gyrations. Investors were treading water, buying selectively in beaten down sectors. The sea of red migrated from the trading ...
Ipca Labs: Buy
Strong performance in branded finished dosages, growth momentum in exports and a strong position in anti-malarial drugs makes Ipca Labs, a medium sized pharma company with Rs 1,100 crore revenues, a good investment option. ...
Alarming rise in pollution by Asian giants: Study
Mumbai, Aug. 9 China accounted for a staggering 57 per cent of the growth in carbon emissions from fossil fuel combustion worldwide that, between 2000 and 2007, increased 22 per cent to an estimated 8.2 billion tonnes, according to research by ...
Weekly News Round-up(Latest Audio:English/Tamil)
The Wholesale Price Index based inflation rate accelerated to 12.01 per cent in the week ended July 26, the highest since April 1, 1995. It was marginally above the 11.98 per cent annual increase in the previous reported ...
3i Infotech: Hold
Lowered IT spends by clients on the back of credit crisis-related write-downs and slowing economic growth in the US have created a turbulent environment for Indian software developers. In this context, a very select band of IT companies may be ...
Austral Coke: Avoid
Investors can avoid investment in the initial public offering (IPO) of Austral Coke and Projects Ltd., considering the high execution risks and cyclical nature of the business, though prospects for volume growth are bright. ...
DSP ML World Gold Fund: Invest
Investments can be considered in DSP ML World Gold Fund, which offers an exposure to stocks of gold mining companies across the world. With the outlook for gold still strong, the fund has the potential to outperform other equity funds in your ...
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