LONDON: Three major British banks could take GBP 37 billion ($64 billion) in government money to boost their capital, the UK treasury said. Royal Bank of Scotland (RBS) said in a statement it will boost capital by GBP 20 billion including the UK government taking GBP 5 billion in preferen…

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MUMBAI: Tata Consultancy Services (TCS) has entered into a deal worth over Rs 1000 crore with the ministry of external affairs for digitising and simplifying the passport issuance process. Under the Passport Seva Project (PSP), the ministry expects new passports to be issued in three day…

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MUMBAI: Stocks are likely to see some respite on Monday after a turbulent session last week, propped up by worldwide measures to support markets amid the global financial turmoil. Asian markets were on recovery path Monday after Australia guaranteed bank deposits and European leaders agre…

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Following is the list of stocks having a P/E less than 3.5. For people who don’t know what P/E is about I recommend them to check it out here. But at the same time it should be remembered th…

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WASHINGTON (AP) — President Bush met with foreign financial officials Saturday and pledged a global response to the credit crisis that will lead toward a “path of stability and long-term growth.” Bush announced no new strategies to attack the economic woes circling the g…

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Bangalore, Oct. 10 Infosys Technologies Ltd reported a 30.2 per cent rise in net profit for the September quarter, beating its own and street estimates. It, however, pared revenue outlook in dollar terms for the fiscal due to currency volatility and the economic crisis in the US, which ac…

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Attur (Salem District), Oct. 10 Rasi Seeds foresees huge scope for rice varieties in the future.The company had only last year started the hybrid rice breeding programme and introduced RHR 111 in Uttar Pradesh. Sharing details with newspersons, its Managing Director, Dr M. Ramasami, said …

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ST CHARLES: This time around, John Abel was ready for the stock market crash. “Back in 2000 before the dot-com bubble burst, I listened to my financial advisor and lost $80,000,” said the 65-year-old retiree in his home in the western Chicago suburb of Saint Charles. “That destroyed…

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MUMBAI: A brief halt of trade in market due to sun-outage brought some relief for the markets as benchmarks recovered from day’s low after witnessing frenzy of liquidating positions. At 12:31 pm, Bombay Stock Exchange’s Sensex was at 11,004.07, down 691.17 points or 5.91 per cent. The…

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Buy Punj Lloyd (CALL CLOSED) at current market price of 208 as on 08-10-08. If is currently quoting at cheap valuations and is a strong company fundamentally. One can see an upside of 10-15 % in the stock at these levels. Punj Lloyd, a globally diversified services and development specia…

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