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Tuesday, February 09, 2010
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News Update
  • Sensex regains 16K-mark
  • Auto sales jump 45% to 11 lakh units in Jan
  • Rupee up 6 p at 46.75/dollar
  • Oil prices down at below $72/barrel
  • Dow, Nasdaq down
  • Victorian Premier meets Indian High Commissioner
  • Scientists create world’s most precise clock
  • Corporate Filings
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  • Markets (Feb 9)
    Nifty (12.25 p.m.) 4,784.80(+24.4)
    US Dollar (Buy/Sell) 46.75/76
    Brent crude (a bbl) Rs 3,258
    Gold (a gram) Rs 1,520
    Silver (a kg) Rs 24,765

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    CSO pegs 2009-10 growth at 7.2% on industrial progress
    But many question marks still on investment front: Pronab Sen. A lower-than-expected decline in agricultural output, and a robust recovery in industrial performance have led the Central Statistical Organisation (CSO) to peg the GDP growth ...

    Govt wants ‘back-up' for Chinese power gear
    Ministry to ensure mechanism for plant servicing, spares. Worried at the prospect of well over 35,000 MW of new power generation capacity coming up using Chinese equipment, the Prime Minister's Office has directed the Power Ministry to come up ...



    The UAE Minister for Fore...
    TODAY'S PICK (Latest Audio: English/Tamil)
    Rolta India (Rs 179.4): Sell
    We recommend a sell in the stock of Rolta India from a short-term perspective. It is evident from the charts that the stock's intermediate-term uptrend which started in March 2009 low of Rs 40.7, encountered significant resistance in the band ...

    Day Trading Guide


    SEZ exports more than double in Apr-Dec '09
    Account for 27% of India's total exports. Despite the global financial crisis, exports from Special Economic Zones (SEZ) during April-December 2009 were Rs 1,51,785.49 crore, a 127 per cent growth from the same period last year. SEZ exports ...

    Steel prices to rise on costlier inputs, demand
    Steel prices may rise further this year on the back of improved demand and higher input costs of coking coal and ...

    China breezes through to the top of wind power list
    India holds fifth slot in capacity addition in 2009. China powered ahead yet again, adding 13,000 MW of wind power capacity in 2009, accounting for a little over a third of the 37,466 MW added during ...

    The crisis and employment in Asia
    Ever since the global financial and economic crisis broke, the International Labour Organisation (ILO) has been regularly tracking its impact on the level and quality of employment. In January 2009, the ILO (International Labour Office) ...

    e-shoppers are back as they adapt to new safety feature
    After a temporary blip, purchase of goods and services online is picking up fast with the introduction of additional ...

    Rate hike fears kindle borrowers' appetite
    Central PSUs, corporates, banks mop up Rs 5,000 crore. Worried that borrowing costs will increase over the next few months, Central public sector undertakings, corporates and banks are likely to hurry with their borrowing programmes through ...

    Food inflation: Onus wholly on Centre
    Though the Conference of Chief Ministers on soaring food prices convened by the Prime Minister, Dr Manmohan Singh, at New Delhi on February 6, at times predictably degenerated into a hunt for scapegoats, with everyone pointing fingers at ...

    Policy, financial support vital to improve pulses output
    Setting up a new national mission hardly any solution. A National Pulses Mission is to be set up, the Prime Minister, Dr Manmohan Singh, has said. It is unclear if the Prime Minister is aware of the existing Technology Mission on Oilseeds, ...

    Nutrient-based subsidy system may take off in April
    The much-talked-about nutrient-based subsidy (NBS) system for fertilisers may finally take off from ...

    TCS restores Web site after hackers put it up ‘For Sale'
    The country's largest software exporter Tata Consultancy Services Ltd (TCS) has restored its Web site tcs.com after it was ...

    Geographical divide in cement industry — AP drags southern performance
    Players expect pressure on prices to continue. The South has proved to be a drag on the cement industry's performance during April-December 2009 over the same period in the previous year. In the southern region, cement despatches increased just ...

    South-based cos post lower net
    The December quarter numbers emphasise the emerging North-South divide in the cement industry with the southern manufacturers witnessing sharp profit declines, even as North-based players ...

    TRAI consultation paper on 4G policy soon
    Move aimed at introducing tech without 3G-like delay. The auction for 3G spectrum may be delayed by over two years, but the Telecom Regulatory Authority of India on Monday said it was planning to bring out a consultation paper on introducing ...

    Unveil your Dream Budget 2010
    Business Line invites you to tell the Finance Minister your Budget expectations. Send in your Budget wish list (in about 200 words) to BudgetTwentyTen@gmail.com, along with reasoning. Attach ...


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