Business
Markets weak on profit booking
The market is marginally down on profit booking. The Sensex is down 13.98 points. The Nifty is down 6.45 points at 3567.050.
RBI ups export credit in foreign money
The Reserve Bank on Monday increased the interest rate ceiling on Non-Resident rupee deposits and export credit in foreign currency, while keeping the short-term and long-term rates untouched.
NVP announces $650 mn investment fund
Global technology venture capital firm, NVP, announced the formation of a $650 mn fund aimed at early, mid and late stage investments.
Scorpio goes past 1 lakh car mark
In March, M&M launched the All New Scorpio with 43 new features. The All New Scorpio was designed on evolving customer needs.
Markets to trade cautious next week
With the earnings season knocking at our door, experts believe that markets will trade cautious in the latter part of the week and midcaps will outshine the large caps.
RBI hikes FCNR deposit rates by 25 bps
A day after bankers met the RBI to find solutions to a liquidity crunch, the RBI revised the interest rates ceiling with FCNR deposits.
HDFC hikes home loan rates by 1%
After ICICI bank, HDFC bank has also decided to hike the home loan rates by 50 bps by next week. However, HDFC Bank clarified that 1 per cent increase will not impact any demand for housing loans.
Navratna status likely for 7 more PSUs
Power Finance Corporation, Rural Electrification Corporation, Power Grid, National Hydroelectric Corporation, BSNL, Nalco and Hindustan Aeronautics have submitted the proposals for Navratna status.
Hot stocks for next week
Which stocks or sector look good for investors to get in? Experts give their call on stocks like Bajaj Hindustan, Dhampur Sugar, India Cement.
Budget too taxing for net phone firms
The 12 per cent service tax imposed on Internet telephony has hit the Internet companies hard. Net phone was included in the service tax in Budget 2006-07.
Oil Industry welcomes hike on vanaspati
The edible oil industry has lauded the Union Budget, especially the government's decision to hike the vanaspati import duties from 30 per cent to 80 per cent.
Why are technology stocks quiet?
Although the market has been in the grip of bulls, technology stocks are relatively quiet. This is despite the fact that the last quarter results of most IT companies have been pretty good.
Indian corporates go green
Capital cost of a green building is about eight to 10 per cent more compared to conventional buildings but prove economical in long run.
Airport bid: HC verdict on Monday
Delhi High Court is to give its verdict on the Reliance petition challenging the bidding process for modernising Delhi and Mumbai airports on Monday.
How to play the weak market
Weakness has set in the markets after a continuous rise in the past two sessions. Experts expected it due to negative global cues.
Can Sensex maintain its perfect 10?
The investors from Dalal Street are high on the sensextional rise. However, there are many voices that also sound a word of caution.