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Infosys rides on growth in European operations
Expects revenue growth of around 20% in fiscal 2009
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Unscathed so far, by US troubles
A tighter rein on expenses, a better service mix and an active hedging programme to manage rupee volatility have helped Infosys Technologies close 2007-08 with profits and revenues that have bettered its own guidance. While revenues for the ...
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Ranbaxy settles patent issue with AstraZeneca
Enters more pacts; expects over $1 b revenues
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L&T to develop Bombay Dyeing complexes
Rs 2,000-cr project in Mumbai
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Air India sees drop in number of domestic passengers in first quarter
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RINL hikes steel price by Rs 6,000/t
New Delhi, April 15 Rashtriya Ispat Nigam Ltd on Tuesday increased prices of all its products by Rs 6,000 a tonne. Along with the existing excise duty of 14 per cent, RINL’s products would now be costlier by Rs 6,840 a tonne.This ...
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HTL land sale plan hits hurdles
Chennai/Delhi, April 15 HTL’s plan to sell a portion of its land to the Bangalore-based developer RMZ has hit a stumbling block following reports of the Tamil Nadu Government’s decision to buy back the land. According to a press ...
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Government expects inflation to come down
States told to play larger role in supply-side management
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Deccan Aviation’s angel investors hit pay dirt
Brindavan Beverages mops up Rs 150 cr
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Labour shortage hits wheat harvest operations
Arrivals of wheat may extend beyond May 31
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Commodity prices vulnerable
The world has changed. It used to be that, in a recession (or recession-like environment), commodity prices would fall. No longer. Even as the U S economy moves into negative growth territory, oil, gold, foodgrains (wheat, rice, corn, etc.) ...
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HCL Tech Q3 net revenue up; US biz healthy
Sticks to guidance for 35% revenue growth for fiscal year
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Rupee to remain range-bound
The rupee displayed strength over the past sessions. Soaring WPI numbers leading to the expectation that the Reserve Bank of India would allow the currency to appreciate from current levels as one of the measures to combat inflation ensured a ...
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Container train operators eye car transportation market
Valued close to Rs 1,500 cr a year
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Sector funds fare better than diversified funds
Diversified equity funds are usually considered to be a better bet than sector-specific and theme funds in a volatile market. But the trend has been quite different during the recent market meltdown. Sector and theme funds, focused on ...
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TODAY'S PICK (Latest Audio: English/Tamil)
HEG (Rs 293.25): Buy
We recommend a buy in HEG from a short-term perspective. Referring to the chart of HEG, we see that the stock had been on a medium-term downtrend from its January 2008 high of Rs 609 to its March low of Rs 216. However, the stock found ...
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Day Trading Guide
Fresh long position can be initiated if the stock moves above Rs 822, with tight stop loss.Infosys In the last trading session, the stock jumped up, accompanied with heavy volume. We recommend a buy.More
IT stocks gain, thanks to Infosys’ strong show
BSE IT index moves up 5.5%, registering maximum gain
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IMPACT
Ranbaxy: Nexium deal gives certainty
Revenues could come as early as 2010
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IMPACT
Short-term earnings upside for Aban Offshore
Higher day rates suggest strong demand scenario
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Open offer hopes buoy Orchid
Morgan Stanley buys shares through bulk deals
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