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HDFC Bank sets off deposit rate hikes
Lending rate increases to follow. Banks have started raising deposit rates in anticipation of a rush to mobilise resources. This move by banks comes in the wake of the Reserve Bank of India hiking key short-term rates on ...
BAE flies off with Rs 5,110-cr Hawk trainer jet deal
A Rs 5,110-crore (£700-million) follow-on deal signed on Wednesday between military majors Hindustan Aeronautics Ltd and BAE Systems for 57 Hawk jet trainers set the tone for the two-day state visit of the British Prime Minister, Mr ...
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Extending partnership: Th...
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TODAY'S PICK (Latest Audio: English)
Moser Baer India (Rs 65): Sell
Investors with short-term trading perspective can consider selling the stock of Moser Baer India. It is seen from the charts of the stock that since the June 2009 peak of Rs 114.5, the stock has been on a long-term downtrend forming lower ...
Day Trading Guide
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DLF profits up 3.78% in Q1
Aided by higher sales realisation, India's largest real estate company DLF Ltd on Wednesday recorded a 3.78 per cent increase in its consolidated net profit for first quarter of the current fiscal at Rs 411 crore. The net profit was Rs 396 ...
M&M first quarter net zooms 40% to Rs 562 cr
Defers decision on bid for SsangYong. Mahindra & Mahindra has reported a net profit of Rs 562.39 crore for the quarter ended June 30, up 40.15 per cent from Rs 400.85 crore in the same period last year. Net sales were up 21 per cent at Rs ...
Space, safety force HPCL to move out of Mumbai
Zeroes in on Raigad, Ratnagiri for new refinery. Space and safety are compelling Hindustan Petroleum Corporation to move out of Mumbai and set up a refinery on the west coast ...
Soros set to take 4% stake in BSE
Legendary American investor George Soros is set to take a 4 per cent stake in the Bombay ...
Soros buy a ‘sign of confidence'
Mr Madhu Kannan, Chief Executive Officer of the Bombay Stock Exchange, said that he would not want to comment on the possible stake buy by George Soros in ...
Personal computer sales grow 18% in FY10
MAIT sees signs of revival and more broad-based demand. India's PC sales – desktop computers and notebooks combined - grew 18 per cent to 80.3 lakh units in FY10, driven by demand revival across consumer and office segments, particularly ...
Bounces back with $1.7-b profit in Q2
ArcelorMittal bounced back with a $1.7-billion net profit in the second quarter of 2010, but its Chairman and founder, Mr Lakshmi Mittal, warned that profits in the third quarter were likely to fall, impacted by the economic slowdown in China ...
Trade unions sound alarm on UK's climate policies
‘Energy-intensive firms may be forced to move out'. The British government's climate protection policies could leave energy-intensive firms with no alternative but to exit the United Kingdom in the ...
Large-cap index stocks take a beating after results
It is a short-term blip, say analysts. Large-cap index stocks Reliance Industries (RIL), Hindustan Unilever (HUL) and Larsen & Toubro (L&T) lost between 2 and 3 per cent each over their previous close ...
Monsoon may take Pacific cyclone threat in stride
The Indian monsoon may once again be faced with possible cyclogenesis (birth of cyclones) in the Northwest Pacific during the two-week period ending ...
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