The Hindu Business Line : Wednesday, January 19, 2011

Ministry sets terms to reconsider Lavasa project
But says construction is ‘unauthorised' and ‘environmentally damaging'. Even as it termed the construction at Lavasa Hill City as ‘unauthorised' and ‘environmentally damaging,' the Ministry of Environment and Forests ...

Pearson takes controlling stake in TutorVista for Rs 577 crore
In one of the largest deals in the Indian education space, the UK-based Pearson Group has acquired a controlling stake in online tutorial TutorVista Global for Rs ...

Mr Kapil Sibal, Minister ... TODAY'S PICK (Latest Audio: English/Tamil)
Essel Propack (Rs 52.7): Buy
We recommend a buy in the stock of Essel Propack from a short-term perspective. It is evident from the charts of the stock that since early 2009 trough around Rs 11, the stock has been on a long-term uptrend. However, the stock ...

Day Trading Guide

RCom raises $255 m to refinance 3G spectrum fee
Mr Anil Ambani-controlled Reliance Communications has raised $255 million (about Rs 1,155 crore) by way of external commercial borrowing to partly refinance payments made for acquiring 3G, or third ...

Banks seek better tax breaks on NPA provisioning
Banks have sought enhanced tax breaks for the provisions that they make in their books of accounts towards bad and ...

Tata Steel follow-on public offer: Invest
Tata Steel's public offer, which is in the Rs 594-610 price band, is an attractive one, considering that investors need pay only Rs 7.3-7.5 (price-earnings multiple) for a rupee of earnings on shares subscribed to ...

Industry surprised by Rs 400-cr tax demand on Infosys for onshore work
The tax authorities' demand on Infosys to fork out Rs 400 crore has drawn sharp reactions from across the industry. The basis of the demand is that onshore services, where work done by employees of software companies, are not recognised ...

Domestic airlines carry record 50 lakh passengers in Dec
For the first time in the history of Indian aviation, domestic airlines carried more than 50 lakh passengers in ...

Nasscom talks to UK on wage norms for ‘transfer workers'
Wants employee allowances included in minimum salary cut-off. Nasscom has asked the UK to include employee allowances and benefits in the minimum salary cut-off that the country proposes for Intra-Company Transfer (ICT) workers, whose stay ...

Tata Consultancy racing to $10-b mark
If Tata Consultancy manages to maintain its current scorching pace of growth, it will be able to realise its vision of clocking $10 billion by the end of ...

Medium-term trend sideways in rupee
Volatility continued in forex markets with rupee declining sharply against the greenback to record the trough of 45.6. Weakness in equity markets with Sensex declining below 19,000 and foreign institutional investors drawing out close to Rs ...

GAIL Q3 net up 13% at Rs 968 cr
Fuelled by increase in natural gas, LPG transmission and natural gas trading biz. Higher gas trading and transmission margins have helped GAIL (India) Ltd report a 13 per cent increase in net profit for the third quarter of the current fiscal. ...

Vodafone-Essar spar over merger of two Ruia firms
British telco seeks intervention from BSE, SEBI. The spat between Vodafone Group PLC and its joint venture partner Essar Group deepened on Tuesday with the British telecom firm raising objections to a potential merger between two Ruias promoted ...