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Wheat prices surge on open sale move by Govt
Rates hit record Rs 1,400 a quintal; maida, sooji turn dearer. Wheat prices in the domestic market have raced to a record Rs 1,400 a quintal with the Centre fixing a higher price for selling the grain under the open market ...
ISPs dial up competition panel on Net telephony
Irked by DoT delays. New Delhi, Nov. 2 With the Department of Telecom showing no signs of allowing unrestricted Internet telephony, the Internet Service Providers have filed a petition with the Competition Commission of India seeking a direction ...
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A dream come true: Bollyw...
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TODAY'S PICK (Latest Audio: English/Tamil)
Reliance Power (Rs 138.5): Sell
We recommend a sell in the stock of Reliance Power from a short-term perspective. It is apparent from the charts that the stock was on an intermediate-term uptrend from March low of Rs 89 to its June high of Rs 210. Triggered by negative ...
Day Trading Guide
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Rating raises credit flows to small, micro units
The credit and performance rating scheme of the Government for micro and small enterprises (MSEs) is beginning to ...
Diwali provides the bang to vehicle sales in October
Industry optimistic that double-digit growth will continue. Mumbai, Nov. 2 On the back of a buoyant Diwali season and growing exports, Maruti Suzuki posted its highest-ever monthly sales at 85,415 ...
Dubai MFs eye India
In talks with SEBI for direct sales. Mumbai, Nov. 2 Dubai-based mutual funds are keen to tap the Indian market. That country’s finanacial regulator, Dubai Financial Services Authority (DFSA), has discussed with the Securities and Exchange ...
Next year’s blockbusters may be IPL matches
NEW BALL GAME. New Delhi, Nov. 2 When the IPL season begins next year, the biggest clash to watch out for will be cricket going head-to-head with ...
IT majors go to ECGC for credit risk insurance cover
Fall out of failures in US financial services sector. Bangalore, Nov. 2 A clutch of IT majors, including Wipro, have approached the Export Credit Guarantee Corporation (ECGC) for credit risk ...
Fed out, Govt in again?
Continuing job losses, depressed house prices, rising foreclosures, possibility of a crash in commercial real estate — the bad news is not ending for America. Not a happy backdrop for the bimonthly meeting of the Federal Open ...
No cartelisation in cement sector: Vinita Singhania
CMA President insists pricing is market-driven. Mumbai, Nov. 2 Ms Vinita Singhania, Managing Director, JK Lakshmi Cement, became the first woman to take charge as the President of the Cement Manufacturers Association (CMA). She spoke to ...
Basmati trade flounders on default by Iran buyers
50,000 tonnes held up at Kandla port; over Rs 700 crore at stake. New Delhi, Nov. 2 Basmati exporters who had contracted large purchases from Iran at highly attractive prices till a couple of months ago are facing payments problems to the tune ...
Financial services’ share in revenues of IT cos rises
Analysts divided over whether it indicates a revival in the vertical. New Delhi, Nov. 2 Indian IT vendors’ revenues from the financial services industry are growing, as is evident from the IT majors’ September quarter ...
IMD mounts watch for rains over peninsula
Thiruvananthapuram, Nov. 2 India Meteorological Department (IMD) has indicated isolated to scattered rainfall activity over south peninsular India during the next 24 hours before scaling up in intensity ...
Wipro explores non-linear initiatives to boost growth
Bangalore, Nov. 2 Wipro Technologies is more optimistic about the outlook for the year ahead and forecast a revenue growth of up to 4.5 per cent for the December quarter. The company grew its revenue 10.2 per cent sequentially, while ...
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