SBI sets base rate at 7.5%
Most of the large public sector banks on Tuesday set their base rate at 8 per cent, taking the cue from SBI which kept it at 7.5 per cent — the lowest so
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Archive for June, 2010
Mahindra Satyam, law agencies differ over Raju’s liabilities
The Mahindra group and the various enforcement agencies appear to have different viewpoints on the treatment of the Rs 1,230-crore, which Mr Ramalinga Raju had personally invested in the erstwhile Satyam Computer Services between 2007 and
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Prime Focus (Rs 299): Buy
We recommend a buy in the stock of Prime Focus from a short-term perspective. It is evident from the charts of the stock that its short-term downtrend which started from its April 2010 peak of Rs 365, found support around Rs 260 in late May. This
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Read More...Day Trading Guide
The near-term outlook is bearish for the stock. We recommend a sell in the
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Global buyers’ ‘green’ demands spell trouble for textile units in SEZs
The growing green consciousness among major buyers in developed markets such as the US and Europe has put textile units in special economic zones (SEZ) under
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No need for Tobin-type tax on capital flows: PM
The Prime Minister, Dr Manmohan Singh, today ruled out the Tobin-type tax on capital flows saying that while the Tobin tax has merit in particular situations, capital flows are not a problem for India, either in the case of portfolio investment
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Read More...Indian iron ore losing ground in China
Despite an increase in iron ore exports to China in recent years, India is losing ground in the Chinese market to rivals such as Australia, Brazil and South
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Hold 3G spectrum allocation till Chinese gear imports issue is resolved: Tata Tele
Tata Teleservices has written to the Department of Telecom asking it to hold the 3G spectrum allocation till issues linked to importing Chinese equipment are
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