The Hindu Business Line : Monday, September 22, 2008

RIL to start production of gas in KG basin from Jan-March
By fiscal 2010, oil and gas will contribute 25% of the co’s profit: Mukesh. Mumbai, Sept. 21 Reliance Industries will be ready to sell gas from its Krishna Godavari offshore basin from the January-March quarter next ...

Fastest exploration in deep water basin, says Mukesh
Mumbai, Sept 21 Mr Mukesh Ambani, Chairman and Managing Director of Reliance Industries, does little in half ...

A milstone: Mr Mukesh D. ... TODAY'S PICK (Latest Audio: English/Tamil)
Federal Bank (Rs 219.60): BUY
We recommend a buy in Federal Bank from a short-term horizon. It is apparent from the charts that the stock has been on a medium-term uptrend from its July trough of Rs 163. However, after encountering minor resistance at around Rs 230 recently, ...

Day Trading Guide

Semiconductor sector sees Rs 55,000-cr fresh investments
Total commitment now put at Rs 1.36 lakh crore. New Delhi, Sept. 21 In the last two months, the Government’s policy for semiconductor fabs and eco-system units has attracted three new solar photovoltaic (PV) proposals together worth nearly ...

PepsiCo plans to pump in $500 m to triple India business
More offerings from Quaker portfolio on cards. New Delhi, Sept. 21 A visit of PepsiCo Chairman and CEO, Ms Indra Nooyi, and all its top executives, merits a announcement such as a $500-million investment over the next three years to triple ...

Global shockwaves from US financial system
Recent events have shown that the American financial system is not as robust as its advocates claim. In fact, it has been the practice of American ideologues to canvass in other countries for copying the American financial system with all ...

Back office workers keeping their fingers crossed
FINANCIAL CRISIS. Mumbai, Sept 21 Employees at the Indian back offices of high profile overseas banks used to change jobs on the year with quantum jumps in their salaries. However, the collapse of Lehman Brothers and the situation in the ...

Slowdown in sugar exports likely in 2008-09
Record 50 lt exported in 2007-08. New Delhi, Sept 21 India’s sugar exports are set to register a marked slowdown in the coming 2008-09 crushing season (October-September), notwithstanding the weakening rupee and a tight global ...

Dalal Street likely to see range-bound movement
FIIs selling may continue in the short-term. Local market is unlikely to see a savage correction this week even if a few more Wall Street financial asset management institutions report trouble. But it may not witness a rally either, as ...

Gold to consolidate, rise higher
Gold futures, ended higher on Friday on weekend short-covering and a recovery in the energy markets. The euro gained ground against the dollar and crude prices rallied as investors digested the implications of a mooted US government plan to ...

Uncertainty, volatility mark metals market
Gold, base metals witness huge sell-offs. Mumbai, Sept 21 By any reckoning, last week was extraordinary for the global financial circles. Commodity markets were buffeted by broader financial market developments that sent everyone scurrying for ...

Accounting is like scorekeeping
Failures mainly result from greed, from the quest for higher profits, and higher bonus and ESOPs for the top people. In fact, the current failures call for better accounting, better scorekeeping.. All of a sudden, conferences and seminars on ...

Bargain hunting funds enter as American VCs exit
Bangalore, Sept. 21 A new breed of venture capitalists is quietly beginning to enter Indian markets even as American VCs are actively exiting ...

South Indian Bank lets offspring inherit their parent’s job
‘SENTIMENTAL’ APPOINTMENTS. Coimbatore, Sept. 21 Who says only those to the manor born inherit papa’s corner room? Even if you are the son or daughter of a humble bank clerk, you may well stand to inherit your dad or ...

Northwest pelted as Bay heaves again
Rains intensifying over central India, East UP and adjoining Bihar. Thiruvananthapuram, Sept 21 The buzz is seen returning to the Bay of Bengal even as a predecessor depression, having wound its way into land and since weakened, brought ...