| Fitness business catches on | 24-NOV-09 |
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| With the ‘young corporate India’ getting more inclined towards having a ‘balanced body, mind and soul’, fitness services and protein supplement players are charting out expansion plans to cash in on the demand. |
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| Hard times in software | 24-NOV-09 |
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| With half the financial year gone, it is increasingly clear that the global slowdown has speeded up a structural change that has been taking place in the Indian software industry for quite some time now. The medium-sized firms are getting squeezed more and it is the market leaders that are better able to survive. Firms like TCS and Infosys have clocked modest but clear top line growth in the first half, whereas established mid-sized players have in many instances posted a fall in top line in relation to the same period of the previous year. The trend was set with the high profile $1.5-billion BP deal awarded a couple of months ago in which the Indian leaders figured prominently but the total number of vendors was cut down from 40 to just five! This implied the elimination of many mid-sized vendors, in whichever geography they may have been located. |
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| Fitch Assigns Ratings to LICMF Income Plus Fund | 23-NOV-09 |
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| Fitch Ratings has today assigned LICMF Mutual Fund Asset Management Company Ltd's (LICMF AMC) LICMF Income Plus Fund a credit rating of 'AA+(ind)' and a volatility rating of 'V1(ind)'. |
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| ITC flares up to 52-week high | 23-NOV-09 |
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| ITC flared up to a fresh 52-week high of Rs 270, and finally settled with a gain of 3.5% at Rs 269. The counter clocked heavy volumes of around 1.43 million shares on the BSE. |
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| Climate meet:India wants 'legally binding substantive' outcome | 23-NOV-09 |
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| India does not endorse efforts to dilute expectations from the Copenhagen climate summit and is pushing for a "legally binding substantive" outcome, a matter that will be discussed during Prime Minister Manmohan Singh talks with US President Barack Obama. |
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| Range-trading may continue this week | 23-NOV-09 |
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| AA week of very narrow range trading ended with small positive gains. The Nifty closed at 5,052.45 points for a gain of 1.1 per cent. The Sensex closed up 1.02 per cent at 17,021.85 points. The Defty closed up by 0.65 per cent with the rupee losing a little ground. |
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| Five of top-10 cos lose Rs 24k cr; RIL on top slot | 22-NOV-09 |
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| As many as five companies among the elite club of top-10 Sensex firms have witnessed an erosion of over Rs 24,000 crore from their market capitalisation previous week, while Reliance Industries (RIL) maintained the top position with a valuation of Rs 3.49 lakh crore. |
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| Gap-down opening for Nifty seen | 22-NOV-09 |
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| The Nifty on Friday closed above the resistance level of 5,060 to keep the current bull run moving. The index, however, is expected to face resistance above the 5,100 level next week. The SGX Nifty futures was down by over 50 points over the official close of 5,077 in the over-the-counter (OTC) session on Friday. The US and European markets closed more or less in a Doji pattern, indicating indecisiveness among participants. If this weakness continues, then we may see a gap-down opening on Monday. |
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| Markets await a clear direction | 22-NOV-09 |
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| A late charge by bulls helped key indices surpass crucial resistance levels. However, select momentum indicators are currently in a sell mode even while the trend is up. It seems that markets will remain directionless until a clear breakout in either direction appears. |
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| Hatch match | 21-NOV-09 |
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| I’m considering buying a hatchback for local commutes for my children. My requirement is for a car that is easy to drive, fuel efficient, low on maintenance and has a refined engine. I am considering the Maruti Suzuki Alto, the Hyundai i10, Hyundai Santro, Maruti Suzuki A-star and Chevrolet Spark. The Alto has good manoeuvrability but seems to be outdated. My budget is Rs 3-3.50 lakh. |
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| DHL signs security partnership with Air India | 20-NOV-09 |
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| DHL, world's leading logistics company announced today that its freight forwarding division DHL Global Forwarding has signed a security partnership with Air India-SATS, Bengaluru. |
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Content Guide
