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  • US markets trading weak

    28th November, 2008 20:15

    US markets have opened in the red. The Dow Jones Industrial Average is down 19.35 points at 8707.26. The Nasdaq slip 12.42 points to 1519.68 and S&P 500 down 3.05

  • Airlines swamped with cancellations after terror attack

    28th November, 2008 19:05

    On Friday, tour operators in the city resigned themselves to a bleak season. Their inboxes are now full and phones ring incessantly with cancellation requests from

  • Q2 GDP satisfactory; see FY09 growth at 7-8%: FM

    28th November, 2008 18:13

    Finance Minister P Chidambaram said Q2 GDP growth is satisfactory and FY09 growth will be between 7-8%. Speaking on the Mumbai terror attacks, he said it will effe

  • Morgan Stanley Growth Fund set to Open End

    28th November, 2008 17:40

    Morgan Stanley announced that the Morgan Stanley Growth Fund (MSGF) in India, a close ended equity oriented fund is set to open end from January 2009

  • If mkt holds 2,650, it could go over 2.9k in Dec: E Mathew 

    28th November, 2008 17:05

    E Mathew, Director, Mathew Easow Fiscal Services, said, “If we are able to somehow consistently maintain above 2,650, we should look for a target of 2,900 plus in

  • Tata Chemicals signs agreement with JOil (Singapore)

    28th November, 2008 16:35

    Tata Chemicals Limited's wholly owned subsidiary; Tata Chemicals Asia Pacific Pte. Ltd., has entered into definitive agreements to invest S$25 million in JOil

  • Time to invest in crude oil

    28th November, 2008 16:14

    As per finical astrology one may keep eyes on this commodity at lower levels. At this time crude oil is being trading around USD 53 per barrel. My expections for c

  • Slowdown in Q3, Q4 FY09 bigger concern: JV Cap 

    28th November, 2008 15:47

    Sajiv Dhawan of JV Capital said the worst seems to be over in Mumbai and the market have factored that. According to him, the main concern is going to be over Q3 a

  • Crude unable to breach USD 55/bbl 

    28th November, 2008 15:45

    Crude is trading on a firmer note in the Asian markets holding above USD 50 per barrel mark, it hasn’t been able to cross USD 55 per barrel.

  • Reliance can touch Rs 1360-1400: E Mathew 

    28th November, 2008 15:37

    Technical Analyst, E Mathew is of the view that Reliance Industries is still out of danger. It has short term to medium term support at Rs 1030. If it maintains ab

  • Nifty ends up about 3% in November series 

    28th November, 2008 15:33

    The Nifty has ended up about 3% in this November series and it has been broadest sort of range of 2,503 to 3240. The small cap and the midcap space didn’t do too w

  • TI launches single-supply, auto-zero sensor amplifier

    28th November, 2008 15:24

    Texas Instruments Incorporated introduced a single-supply, auto-zero bridge sensor amplifier. Featuring programmable gain and offset, the PGA308 amplifies the sens

  • European markets trading mixed

    28th November, 2008 15:15

    European markets were trading mixed. CAC 40 was down 0.265 or 8.56 points at 3,241.83. DAX fell 0.185 or 8.54 points at 4,656.73. However, FTSE 100 was up 0.36% or

  • RIL, ONGC key players in mkt volatility

    28th November, 2008 15:12

    The markets are still witnessing some choppiness due to ONGC and Reliance Industries. Buying is seen in technology, Bharti Airtel, HDFC Bank, Sterlite Industries,

  • Asian markets end higher

    28th November, 2008 15:08

    Asian markets ended higher. Singapore's Straits Times added 1.29% or 22.05 points at 1,732.57. Taiwan's Taiwan Weighted was up 0.15% or 6.74 points at 4,460.49. Ho

  • What it takes to fight a war inside skyscrapers

    28th November, 2008 19:09

    The Taj Mahal hotel became a nightmarish catacomb when it turned into a war zone on November 26.

  • A date with terror

    28th November, 2008 18:31

    Late in the evening on Wednesday, November 26, 2008, Mumbai eventually got its very own 9/11. Watching room after room at one of the most majestic and stately symb

  • One arrested terrorist is a Pakistani: RR Patil

    28th November, 2008 17:52

    Maharashtra Deputy Chief Minister RR Patil has claimed that one of the terrorist arrested in connection with the Mumbai terror attacks is a Pakistani national.

  • Rupee ends lower, bonds higher

    28th November, 2008 17:23

    The spot rupee ended lower at Rs 50.10 per USD as against its previous close of Rs 49.45. The widely traded 8.24%, 2018 paper closed higher at Rs 107.90 as against

  • Bharti Teletech bags order from BSNL

    28th November, 2008 16:46

    Bharti Teletech, one of India’s leading manufacturers and distributors of telecom & allied products, today announced that it has won a major contract from Bharat S

  • Indian telecom sector unaffected by global fin crisis: TRAI

    28th November, 2008 16:25

    Indian telecom sector unaffected by global financial crisis: TRAI

  • Dhawan underweight on IT sector 

    28th November, 2008 16:08

    Sajiv Dhawan of JV Capital Services is underweight on IT sector until some clarity and gets some conviction confidence that the guidance and the results of the nex

  • Buy Larsen on decline: E Mathew 

    28th November, 2008 15:47

    Technical Analyst, E Mathew is of the view that Larsen is looking good. One can buy it on declines. Jaiprakash Associates has support in the band of Rs 48-50. Reli

  • Mkts end flat on November settlement day

    28th November, 2008 15:37

    The markets ended flat amidst choppy trade on the November settlement date. Volumes were pretty low in today's trade. This could partly be due to the Mumbai terror

  • Emami launches Sardija Cough Syrup

    28th November, 2008 15:35

    The health and personal care major, Emami Ltd, has launched another unique OTC (over the counter) product, Sardija. A complete throat care during winter, Sardija c

  • Essar Oil maintains its march ahead

    28th November, 2008 15:25

    Essar Oil had touched an intraday high of Rs 74.90 and an intraday low of Rs 68.10 At 3:15 pm, the share was quoting at Rs 74.60, up Rs 4.15, or 5.89%. It was trad

  • Asian Elect approves 12% sweat equity to A Shah; stk down

    28th November, 2008 15:18

    Asian Electronics had touched an intraday high of Rs 23.10 and an intraday low of Rs 21.70At 3:03 pm, the share was quoting at Rs 22.15, down Rs 0.3, or 1.34%. The

  • Easiprocess buys 500 seater BPO space in Pune

    28th November, 2008 15:14

    While it may be times of trouble for many BPO’s in India, Bangalore based BPO - Easiprocess is geared up to set up its new office in Pune which can accommodate 500

  • Wipro continues to gain

    28th November, 2008 15:08

    Wipro had touched an intraday high of Rs 252 and an intraday low of Rs 234. At 2:59 pm, the share was quoting at Rs 248.30, up Rs 7.30, or 3.03%. It was trading wi

  • Merril Lynch sees 2009 GDP growth at 5.8% 

    28th November, 2008 15:08

    Mark Mathews of Merril Lynch feels the impact of the Mumbai terror attacks on the Indian economy will be minimal. He sees no impact on any sector in India, apart f

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