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DIPP bats for higher FDI cap in broadcasting sector
In a move aimed at rationalising foreign direct investment (FDI) in various areas of the broadcasting sector, the Department of Industrial Policy and Promotion (DIPP) has proposed to increase the FDI cap for direct-to-home (DTH) services, uplinking hubs, teleport services and FM radio.

Look for a breakout above 4,625
The intermediate trend is weak despite the net gains last week

News of the day

Airline, hotel stocks catch cold on flu fear
The rapid spread of swine flu has hit share prices of top airline and hospitality companies as market players fear a sharp drop in travel and tourism due to the flu scare. In contrast, shares of top pharmaceutical companies have seen a sharp rise during the period.
Online Business

Kalam advises Isro, Nasa on Chandrayaan-II

The Indian Space Research Organisation (Isro) and US space agency Nasa should deploy surface robotic penetrator in "Chandrayaan-II" mission to study more about the presence of water molecules on moon, former President APJ Abdul Kalam has suggested. He suggested both Isro and Nasa work on future mission of Chandrayaan-II using moon surface robotic penetrator during my recent visit to California Institute of Technology in US, where Nasa scientists presented the findings of Moon Mineralogy Mapper (M3) to Indian scientists," Kalam told students during an interaction today.


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