The Hindu Business Line : Monday, November 02, 2009

Private sector hikes wage bill, but cautiously
Staff spend in first half tracks trends in corporate profits. Wage bills in the private sector are upward bound once again, but the increases are well below the levels seen in the boom ...

Centre may auction captive coal blocks
Kolkata. Nov. 1 The Centre is planning to take the auction route to award the captive coal blocks to private ...

Aroma is missing: A farme... Correction mode likely to stay
Investors would look for opportunities to move into better performers. The market went into a correction mode last week after indicating in the second half of October that it might make such a move. This week too, Dalal Street may witness a ...

Pusa-1121 prices crash on bumper crop
Karnal (Haryana), Nov. 1 Basmati farmers are a distraught lot, with prices of the premium Pusa-1121 variety crashing by over Rs 500 a quintal in the last ...

New provision cover norms to cost banks dear
Listed Indian banks may have to shell out more than Rs 11,000 crore in the next ...

Wooing talent with paid internships
TARGET GERMANY. Indian IT companies are wooing talent from German, Swiss and Austrian universities to work here as paid interns. This is part of a larger game plan to turn the tide in the traditionally unfavourable German market which is also ...

Clean coal tech gets leg-up from oil cos
New Delhi, Nov. 1 India’s move to adopt clean coal technologies is making steady progress through a collaborative effort, with Coal India Ltd (CIL) getting much-needed support from its counterparts in the oil sector — GAIL (India) ...

No Boeing deliveries to India till end-2010
Confident that things would look up in the Indian aviation market: Keskar. Mumbai, Nov. 1 There will be no major deliveries from Boeing to the Indian aviation industry till end-2010 and early ...

Shipping cos’ Q2 net sinks, as freight market remains damp
Outlook for the next 12-18 months bleak. The steep fall in freight rates has knocked the wind out of the sails of domestic shipping companies in terms of earnings, with major shipping firms reporting sharply lower profits and, in some cases, net ...

Weak trend persists in L&T
F&O query corner. I have bought one lot of L&T November futures @ Rs 1,675. I have lost heavily so far. What should be my stand at this point in time? Kindly advice. – Mriganka ...

Will India cope with emerging food security challenges?
Concerns over food security can be addressed by either augmenting domestic output through appropriate growth-oriented policies, or arranging for timely imports of foods in short supply and distributing them equitably.. Agriculture and allied ...

Gold futures to correct lower
Comex gold futures ended lower due to an equity sell-off which triggered worries about a nascent recovery in the economic conditions. Gold prices posted their first weekly losses since the week of September 25, following four consecutive weeks ...

Gold vulnerable to further profit taking in short term
The flow of economic data continues to influence the commodities market. Positive data flows do impact markets positively and vice versa. Without doubt, in recent months, the flow of economic data, generally speaking, has been encouraging. ...

Homecoming blues
A peek at the niggling concerns of NRIs returning to India. In a previous article I had talked of some of the issues that returning non-resident Indians — we called them RNRIs for short — faced while trying to meld into their country ...

Core of N-E monsoon rains biding time to enter mainland
Thiruvananthapuram, Nov. 1 Most of the northeast monsoon rains are still falling largely over the open seas around the equator where elevated sea-surface temperatures and resultant convection have thrown up cloud masses across a large area ...