Web Sify
Follow us on

Article gallery

As part of its strategy of 'naming and shaming' big defaulters, the Income Tax department today published names of 31 tax evaders who owe over Rs 1,500 crore tax to the government. The names, last known addresses and vital financial details of these entities were published in newspapers here as the department mentioned that either these assessees were "not traceable" to it or the taxman found "inadequate ...
Movements are likely to be quite volatile for most part of the coming week - a truncated one due to a holiday on Friday on account of Maharashtra Day - as the April series derivatives contracts expire on Thursday.Investors will also be reacting to quarterly results from India Inc, which have been rather disappointing so far. Several top notch companies including Maruti Suzuki, ICICI Bank, Bharti Airtel, ...
Gold prices drifted sharply at the domestic bullion market here today due to heavy selling from jewellery stockists and retailers amid subdued local demand. Elsewhere, silver also fell modestly after a brief overnight pause owing to lack of industrial support. Standard gold (99.5 purity) slumped by Rs 100 to finish at Rs 26,655 per 10 grams from Friday's closing level of Rs 26,755. Pure gold (99.9 ...
Gold prices fell by Rs 30 to Rs 27,160 per 10 grams at the bullion market today on a weak global trend and sluggish demand from jewellers at domestic markets. Silver also moved down by Rs 150 to Rs 36,350 per kg on lack of buying support from industrial units. Bullion traders said besides a weak trend overseas, low demand at domestic spot markets from jewellers at existing levels, mainly weighed on ...
By Paul Taylor BRUSSELS (Reuters) - "We're going bust." "No, you're not." "You're strangling us." "No we're not." "You owe us for World War Two." "We gave already." The game of chicken between Greece and its international creditors is turning into a vicious blame game as Athens lurches closer to bankruptcy with no cash-for-reform agreement in sight. Europe's political leaders and central bankers ...
By Ross Finley LONDON (Reuters) - Most central banks have been easing policy since the start of the year and are set to do more, but it still isn't clear whether that new activism, which has pushed stock markets to record highs, will help the global economy much. Several meet this week to set policy, including the U.S. Federal Reserve, the Bank of Japan and Sweden's Riksbank, which all have turned ...
Ferdinand Piech's iron-fisted rule over Volkswagen helped him build an empire spanning fuel-efficient city cars to 40-tonne trucks, but in the end he overplayed his hand and was forced out before reaching his goal of making VW the world's biggest carmaker.A grandson of Ferdinand Porsche, the founder of the sports-car maker who developed the Beetle under a 1934 contract with the Nazis, Piech devoted ...
Ferdinand Piech, a towering figure at Volkswagen for more than two decades, resigned as its chairman on Saturday after losing a showdown he had provoked with Chief Executive Martin Winterkorn, ending an era at the iconic German carmaker.Piech, the 78-year-old grandson of the inventor of the Volkswagen Beetle Ferdinand Porsche, had previously seen off other executives who crossed him, including his ...

Today's picks

2013-02-19 18:00:00

NIFT Current: 5,898 (futures: 5,906) Target: NA Index remains range-bound between 5,870 and 5,925 with very nominal futures premium. The range today could be 5,850 or 5,950. Stop-loss shorts at 5,925 and stop-loss long positions at 5,975. A long 5,800p (19) and long 6,000c (21) could gain 10-12 if the market swings 50 points in either direction. STATE BANK OF INDIA Current price: Rs 2,263 Target price: ...

Today's picks

2013-02-09 18:00:00

NIFTY Current: 5,939 (futures: 5,964);Target: NAThe downtrend continued. Key support was tested at 5,930. A drop below 5,920 could mean a dip till 5,875. A bounce will hit resistance at 5,975-5,990. Futures premium has increased to 25, which may mean a pullback on short-covering. The bearspread of long 5,900p (48) versus short 5,800p (23) continues to look attractive.TATA STEEL Current price: Rs 390;Target ...
Cement major UltraTech Cement Ltd closed last fiscal with a net profit of Rs.2,015 crore, down from Rs.2,144 crore net profit earned during the previous fiscal, the company said on Saturday. In a statement, UltraTech Cement said the net sales for 2014-15 were Rs.22,656 crore up from Rs.20,078 crore posted during 2013-14. The company board has recommended a dividend of 90 percent, at the rate of Rs.9 ...
By Douwe Miedema WASHINGTON (Reuters) - The notion that one man trading from his parents' house in a working class London suburb had a material role in the 2010 Wall Street flash crash has aroused increasing scepticism from investors and traders since charges were brought on Tuesday. U.S. has asked UK authorities to hand over Navinder Singh Sarao, 36, after his arrest this week on charges that ...
By Paul Taylor BRUSSELS (Reuters) - "We're going bust." "No, you're not." "You're strangling us." "No we're not." "You owe us for World War Two." "We gave already." The game of chicken between Greece and its international creditors is turning into a vicious blame game as Athens lurches closer to bankruptcy with no cash-for-reform agreement in sight. Europe's political leaders and central bankers ...
By Ross Finley LONDON (Reuters) - Most central banks have been easing policy since the start of the year and are set to do more, but it still isn't clear whether that new activism, which has pushed stock markets to record highs, will help the global economy much. Several meet this week to set policy, including the U.S. Federal Reserve, the Bank of Japan and Sweden's Riksbank, which all have turned ...
Ferdinand Piech's iron-fisted rule over Volkswagen helped him build an empire spanning fuel-efficient city cars to 40-tonne trucks, but in the end he overplayed his hand and was forced out before reaching his goal of making VW the world's biggest carmaker.A grandson of Ferdinand Porsche, the founder of the sports-car maker who developed the Beetle under a 1934 contract with the Nazis, Piech devoted ...
Ferdinand Piech, a towering figure at Volkswagen for more than two decades, resigned as its chairman on Saturday after losing a showdown he had provoked with Chief Executive Martin Winterkorn, ending an era at the iconic German carmaker.Piech, the 78-year-old grandson of the inventor of the Volkswagen Beetle Ferdinand Porsche, had previously seen off other executives who crossed him, including his ...
most popular on facebook
talking point on sify finance