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LS passes N-Bill with stricter liability clause
Legislation is key to entry of global reactor suppliers. The Lok Sabha today passed the Civil Nuclear Liability Bill after 18 amendments were made to ...

UK set to cap migration of skilled workers
Britain is all set to impose an annual quota on migration of skilled workers into the UK from April next — a move that could hurt aspirations of thousands of highly-skilled Indian professionals in sectors such as healthcare ...



Platinum jubilee: Dr Y.K....
TODAY'S PICK (Latest Audio: English/Tamil)
Jaiprakash Associates (Rs 115.7): Sell
We recommend a sell in the stock of Jaiprakash Associates from a short-term horizon. It is apparent from the charts of the stock that it has been on an intermediate-term down trend since October 2009 peak of Rs 180, shaping lower highs ...

Day Trading Guide


Auditors owe a duty to all shareholders
Court raps SEBI for not acting on Price Waterhouse petition. The SEBI Act (Section 11) has wide amplitude and empowers the regulator SEBI to take within its sweep a CA, if his activities are detrimental to the investors or the securities market, ...

Adani inks pact for Rs 7,500-cr rail, port project in Indonesia
Gets access to local partner's coal reserves. Adani Enterprises Ltd (AEL), through its step-down Indonesian subsidiary PT Adani Global, on Wednesday announced signing of a binding, tripartite agreement for setting up a dedicated rail and port ...

Consumer Affairs Ministry says yes to 49% FDI in multi-brand retail
The Consumer Affairs Ministry has given the green signal to allow 49 per cent FDI in multi-brand retail. It has written a letter to this effect to the ...

Cipla to cross Rs 6,000-cr turnover milestone this year
Board approves acquisition of Meditab Specialities. The much-awaited succession plan from Cipla head, Dr Y.K. Hamied, was limited to few lines introducing his nephew Mr Kamil Hamied, who has been formally inducted into ...

Is Wipro not getting enough local talent for European operations?
Wipro Technologies seems to be finding it difficult to hire more local people in Europe despite an internal mandate to ramp up its headcount there, according to details available ...

Saxena panel says Vedanta flouted rulebook extensively
The report claims that all parties including "the company, administration, villagers and political leaders" were in know of the fact that false information had been submitted.. The Government has virtually thrown the book at Vedanta. The N.C. ...

Higher denomination notes on the rise
Step into an ATM or for that matter even a bank branch and try drawing Rs 10,000. The chances are that you will get more than 90 per cent of the amount in notes of high denomination – Rs 1,000 or ...

Why people hate the IAS
A call for the abolition of the IAS by Mr N. R. Narayana Murthy, Chairman and Chief Mentor, Infosys, has received wide media attention. Four decades ago, non-Congress parties, when they came to power, had come up with a similar demand. Why is ...

Price spike pulls down Q2 gold jewellery demand 2%
Consumption in value terms up 20% at Rs 21,600 cr. Gold jewellery demand fell by two per cent to 123 tonnes in the second quarter of 2010 on the back of a sharp spike in prices, according to data released by the World Gold Council (WGC), a body ...

Banks want tax-free bonds to fund solar projects
Seek credit guarantee by IREDA for technology risk involved. Banks funding renewable energy projects will require long-term resources, for which they should be allowed to float tax-free solar bonds. Another risk with regard to financing such ...

Box-office battle in new dimension this festival season
Bollywood releases face Hollywood blitz. Bollywood will face some stiff competition at the box-office in the October-December festival quarter with challenge coming from distant Hollywood, also gearing for a ...

‘Low' to sustain rains over parts of interior peninsula
Widespread rainfall has been recorded over Southeast Peninsula, Northwest India and along the foothills of the Himalayas during the 24 hours ending on ...


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Markets (Aug 25)
Nifty (at close)5,462.35(-42.75)
US Dollar(Buy/Sell)46.86/87
Brent crude (a bbl) Rs3,387
Gold (a gram) Rs1,758
Silver (a kg) Rs30,305



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