TNM

Royalty issues to be discussed by radio channels with music industry

Royalty issues to be discussed by radio channels with music industrySince the Indian music industry and radio channels have decided to resume discussion on royalty charges, after their meeting with the ministry of information and broadcasting, it seems that differences between the Indian music industry and radio channels on royalty charges may vanish.

Satyam Computer Services trades lower

Satyam Computer Services trades lowerSatyam Computer lost nearly 30% during early trading session. In domestic market, the stock touched a 52-week low of Rs 151 on NSE and a 52-week low of Rs 156.85 on BSE. Till 11.50 pm IST, 4.8 crore shares on NSE and 1.8 crore shares on BSE exchanged hands. The stock closed yesterday at Rs 226.55 on NSE. Average trading volume on NSE is 48 lakh during the past two weeks.

Deccan Chronicle informs buy back at Rs 100/share

Deccan Chronicle informs buy back at Rs 100/shareThe buy back of equity shares of Rs 2 each has been approved by the Deccan Chronicle Holdings Ltd at a price not exceeding Rs 100 per share, aggregating to Rs 180 crores.

The maximum number of shares to be bought back, which represents 14.29 per cent of the paid up capital, should not exceed 3,50,00,000. Furthermore, the promoter holding shall not exceed 75 per cent of the paid up capital post buy back. 1,00,00,000 is the minimum number of shares to be bought back.

AT&T getting the Samsung M8800 Pixon

AT&T getting the Samsung M8800 PixonThe new high tech Samsung M8800 Pixon would definitely win hearts of most of the Americans who have been waiting for better 8 Megapixel camera phones since they have first started appearing. The latest Pixon, would absolutely be an instant hit among the users as it's a highly advanced mobile phone including a fantastic digital camera.

Since Samsung has placed the best touchscreen interface ever on a mobile, the new M8800 Pixon with its smashing looks is already being considered a tough competitor for the iPhone 3G.

Cheap, green power promised by platinum-free cell

Cheap, green power promised by platinum-free cellIt is being claimed by the Chinese engineers that a new class of low-cost fuel cells can be achieved, if the precious metal platinum is stopped being used in the cells.

A team led by Lin Zhuang at Wuhan University in Hubei province, China has been successful in developing a new membrane which is not acidic, thus makes it possible to use a much cheaper, nickel catalyst.

Buy Call: Satyam Computer Services; Maytas Deal called off

Satyam Computers Buy CallSatyam Computer Services is a good buy at current levels. The stock has lost over Rs 60 today and is currently trading at Rs 166. Investors can pick the stock at current levels as the fundamentals are strong. Citi rated the stock sell on basis of Corporate Governence issues and not on lower business. The company’s plan to get into other sectors has been condemned by various Institutional Investors.

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