Sunday, February 15, 2009

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One-fourth US tech firms started by Indians

15 Feb 2009, 1930 hrs IST, PTI


 






 


US tries to restrict entry of foreign workers but research shows every fourth tech firm founded by immigrants have Indians as its founders. India's best IT spot




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Market pins hopes on Interim Budget
15 Feb 2009, 1950 hrs IST, SURYA R KANNOTH,ET Bureau


 

Speculation is rife that the budget may include some changes in the tax structure and further stimulus measures. Top 10 cash generating cos | Tax-saving investments


 



UK bank spends 200 mn pounds on Sachin, other stars
15 Feb 2009, 2000 hrs IST, PTI


 

Royal Bank of Scotland blew up as much as 200 million pounds on top sports stars, including Sachin Tendulkar. In Pics: The 20: 20 Vision I Top Ten celebrity ad list


 


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Business Daily from THE HINDU group of publications
Sunday, February 15, 2009
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NTPC, Nuclear Power Corpn to invest Rs 15,000 cr in 8 yrs
Pact signed for forming jt venture; NPCIL will hold 51% stake. Mumbai, Feb. 14 NTPC Ltd and Nuclear Power Corporation Ltd (NPCIL) would jointly invest around Rs 15,000 crore in the next eight years to set up nuclear power plants in the country. ...

Corporate fixed deposits gaining popularity among investors
Mumbai, Feb. 14 Wary of both equity and debt funds, retail investors are making a beeline for the fixed deposit schemes of private companies, say mutual ...













Nuclear investment: Dr S....
Bonds may outperform gilts over 12-15 months
Debt mutual funds can replicate their recent performance and the outlook on interest rates does remain bullish for bond funds, asserts Ms Lakshmi Iyer, Head of Fixed Income/ Products, for Kotak Mahindra ...



PSUs cough up record interim dividends
Despite economic slowdown and weak results this fiscal. New Delhi, Feb. 14 A slowdown may well be in the air, but the interim dividends being forked out by the ‘navratna’ public sector undertakings (PSUs) seem oblivious to the ...

LIC, Exim Bank nominee directors to become more vigilant
Mumbai, Feb. 14 Companies, on whose board financial institutions have a nominee director, had better watch ...

Nu Tek firms up 2 overseas acquisitions
New Delhi, Feb. 14 Here is another mid-sized Indian firm going after international ...

Index Outlook
Sensex started the week on an upbeat note with a 283-point rally, but it lost its way thereafter. All efforts to drum up an enthusiastic response to the forthcoming interim budget proved fruitless and the Sensex trudged along in an ...

Magnum Tax Gain: Invest
Investment can be considered in Magnum Tax Gain based on its long-term track record. The fund outpaced its benchmark BSE-100 marginally over a one-year period, while it has trailed close to half its ELSS peers. However, consistent ...

Trading Strategy: Set a Bear Put Spread
With the interim Budget announcement slated for Monday, the coming week promises to be high on both expectations and ...

IDFC: Buy
Investors with high risk-appetite and a two-three year investment horizon can consider investing in Infrastructure Development Financing Company (IDFC). However, given the range-bound market conditions, we recommend buying the stock in a ...

Madras Cements: Hold
Relief on costs, volume additions from new capacities and the advantage of operating in a region with high demand potential where prices too are lending support suggest reasonable earnings growth for Madras Cements after a subdued ...

CCCL: Buy
South-based Consolidated Construction Consortium Ltd (CCCL) is a pure play construction contractor. The company is well-placed to capture opportunities in both sectors that it operates in — realty and infrastructure — and ...

Be ‘penny wise, pound wiser’
Mr Sharma, a gadget freak all his life, has decided to put off the purchase of Sony Vaio’s latest pocket size notebook. Mrs Kumar now encourages her family to eat at home more often, even on days when they have guests for ...

Change in FDI norms will help forge closer alliances, say retailers
Management, economic control would be the defining criterion. New Delhi, Feb. 14 The change in FDI guidelines has come as a breather for retailers who are already struggling due to the economic downturn and piling inventories. Retailers say ...

Stock market movement seen range-bound
Consolidating now after free fall: Doha Brokerage. Thiruvananthapuram, Feb. 14 The capital market is expected to behave in a range-bound manner and the height it reached in 2008 is unlikely to be breached anytime soon, according to Mr Prince ...

Weekly News Round-up(Latest Audio:English)
The Railway Minister, Mr Lalu Prasad, presented the Railways Interim Budget on Friday. He left freight rates unchanged and slashed AC fares of all classes by two per cent. He also cut sleeper and second class tickets costing over Rs 50 by two ...

Kotak Contra: Invest
Investors with a two-three-year time horizon can consider adding Kotak Contra to their portfolios. Our optimism stems from the fund’s existing portfolio of stocks and its value-based approach towards building its portfolio, both of ...

Confusion over growth prospects
Bangalore, Feb. 14 The Central Statistical Organisation’s advance estimate of 7.1 per cent growth in gross domestic product for 2008-09 (Rs 33,51,653 crore at 1999-00 prices) is higher than most other ...


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