| The Hindu Business Line: Front Page | |
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OnMobile Global (Rs 335.7): Sell: We recommend a sell in the stock of OnMobile Global from a short-term trading perspective. It is evident from the stock's chart that from its July 2009 peak of Rs 682, the stock has been on an intermediate-term downtrend. Moreover, the stock is |
Cautious banks, MFs turn to govt securities: The State Government securities have become attractive to banks and mutual funds as financial markets turned cautious on the unfolding crisis in Europe. Spreads between 10-year sovereign paper and the State development loans (SDL) have dropped to |
6 million credit cards cancelled in 2009-10: Banks cut down sharply on issuing credit cards and also closed a number of cards in 2009-10. Six million credit cards or about a quarter of the total number of cards a year ago went out during the last |
Bharti, Vodafone slam spectrum recommendations: Bharti Airtel and Vodafone Essar, the top two GSM operators in the country, on Wednesday slammed the spectrum proposals made by the Telecom Regulatory Authority of India. The two operators will be the worst hit if the recommendations are accepted |
Cameron heads Conservative, Lib Dem coalition Govt in UK: With unemployment at a 15-year high and the biggest fiscal deficit in the whole of Europe, it may seem like a difficult time for a nation to test out a new form of politics, but that is the challenge facing Britain's Conservatives and Liberal |
Honda Motorcycles sees bikes overtaking scooters in sales: Honda Motorcycles and Scooters India Ltd (HMSI) said on Wednesday that by the next fiscal it expects its motorcycle sales to surpass |
Foodgrain output seen lower; record wheat crop estimated: The Agriculture Ministry has projected a record wheat crop of 80.98 million tonnes (mt) this crop year ending June, despite indications to the contrary from the |
India will grow faster than IMF estimates, says Pranab: The Finance Minister, Mr Pranab Mukherjee, believes India's economic growth would surpass the IMF's projections in 2010 and |
Manufacturing powers March industrial growth 13.5%: Industrial output grew 13.5 per cent in March, the sixth straight month of double-digit |
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Day Trading Guide: Note: In a buy recommendation, the resistances would be the targets and the nearest support would be the stop loss; In a sell recommendation, the supports would be the targets and the nearest resistance would be the stop loss; The recommendation |
Corus unveils £60-m plan to cut emission at Welsh plant: Corus, the British subsidiary of Tata Steel, on Wednesday launched a £60-million programme to cut emissions at its plant in the Welsh town of Port |
Ban on Chinese telecom gear is no violation of WTO norms: Sharma: Even as the Commerce and Industry Minister, Mr Anand Sharma, maintained that India has not violated any World Trade Organisation norm by prohibiting import of Chinese telecom equipment, the Department of Commerce has shot off a letter to the |
Bajaj Auto Q4 net zooms 4-fold: Bajaj Auto has reported a net profit of Rs 528.65 crore for the fourth quarter ended March 31, four times higher than Rs 130.21 crore in the same period last year. Total income was Rs 3,399.45 crore (Rs 1,883.41 |