The Hindu Business Line : Wednesday, January 09, 2008

DoT set to issue letters of intent to new players
New Delhi, Jan. 8 The stalemate in the telecom sector could soon end with the Department of Telecom set to issue letters of intent to new players. Unitech, STel, Shyam Telelink, HFCL and Sterlite are among those which are likely to get ... More

Private equity players step up ‘green’ investments
New Delhi, Jan. 8 Private equity players and big-ticket investors are making a beeline to tap investment opportunities in ‘green projects’. IFC, the private sector lending arm of the World Bank Group, on Tuesday announced it ... More

Promoters to hike stake in Aditya Birla Nuvo
The Aditya Birla group proposes to increase its stake in Aditya Birla Nuvo to 51 per cent through a preferential issue of shares to the promoters.Currently, the promoters hold a 39.07 per cent stake in the company.The company ... More

Oil is the problem, not cars
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Crude leads decline in key core sector growth in Nov
Performance slips to 5.3%; coal bucks trend More

Gold zooms to record $875
Mumbai, Jan 8 Domestic gold prices zoomed to Rs 11,125 per 10 gm, lead by rates in the global markets rising to record high of $875 an ounce. The surge in the yellow metal’s price is owing to strong buying by the funds and surging ... More

Ashok Leyland to unveil concept bus at Auto Expo
Chennai, Jan. 8 Ashok Leyland will be unveiling a concept intra-city bus at the Auto Expo. Christened iBUS, it was developed in 10 months by a Cross Functional Team (CFT) of 25 young engineers of the company. The semi-low floor ... More

‘Losses from small ticket loans, cards to rise’
Crisil puts sub-prime assets at Rs 20,000 cr More

Sugar production seen below projected levels
Drop attributed to delays in crushing, lower yield More

Funds reduce holdings in heavyweights in Dec
Index stocks continue to dominate list of holdings More

Skill-biased tech widens wage divide
More

Small & mid-cap stocks lose steam
797 stocks hit lower circuit filter More

Today's pick: Gujarat Gas Company (354.30)
We recommend a buy in Gujarat Gas Company at current market price. Form the weekly chart of Gujarat Gas; we note that it has been on steady long-term uptrend form July 2006 low of Rs 184 levels. From the daily chart it is clear that the stock has ... More

Day Trading Guide
Contrary to our prior view, the stock fell in the last trading session. However, fresh long should be initiated only when the stock moves above Rs 1,364.Infosys The bounce recorded in the stock on Tuesday is ... More

Price-cut talk weakens cement cos
Cement stocks have been witnessing steep fall in the last few days. According to market participants, following the Tamil Nadu Government’s warning last week that if the private cement factories did not bring down the prices, it would have ... More

Rlys to gain from high capacity coaches
May earn Rs 400-500 cr more from passenger ops More

M&M exit from joint venture: Benefits deferred
Mahindra and Mahindra’s official announcement that it is deferring investment in the three-way joint venture with Renault and Nissan at Chennai is unlikely to have a very significant impact on its immediate prospects as the project is ... More