As an investor understanding the fundamentals of the income statement will help you take an informed decision before buying new stocks.

In yet another attack on Indians in Australia, a Sikh was punched in his head by a group of Australians who also removed his turban while he was sleeping at a bus stop in Melbourne. Police said they are investigating the "unprovoked" bashing of the 22-year-old Indian youth who was punched in the head and had his turban removed as he slept at a bus stop on Sunday. However, the name and other details of the Indian man have not yet been made public.

The government is set to increase its stake in Bank of Baroda (BoB), Oriental Bank of Commerce (OBC) and Dena Bank.

There are 10 million new subscribers each month, but they're not adding much value - telecom revenues are flat as a chapatti.

Two Australians, who allegedly abused a group of Indians and vandalised their car, were bashed up, the police said on Monday.

It would be incorrect to assume that the markets are cheaper when the Sensex is at 15,000 or that they are more expensive when it is at 20,000.

Ever wondered why the difference between a Santro Xing GL and a Santro Xing GLS was over Rs 30,000 although both looked the same? This article will try to give you a breeze through into what adds cost to a car.

Sukhdeep Singh, who was seriously injured in the latest racial attack against Indians in Australia, was not given proper treatment for three days after the assault, his brother-in-law alleged on Friday.

In the wake of a racial attack against three Indians in Melbourne, Victorian Premier John Brumby on Wednesday said any violence was "unacceptable" and admitted that the recent incidents have damaged Australia's image in India.

Stung by the racial attack against three Indians in Melbourne, Victorian Police on Wednesday said it has launched investigations in to the circumstances surrounding the incident.

After a brief lull in attacks on Indians in Australia, two students and their uncle were "brutally bashed" by a group of around 70 youth while playing in Melbourne.

Indian Institute of Foreign Trade, New Delhi, invites applications for MBA (International Business) degree programme conducted at New Delhi and Kolkata Centres.

PE ratio is one of the most widely used tools for stock selection. It is calculated by dividing the current market price of the stock by its earning per share (EPS). It shows the sum of money you are ready to pay for each rupee worth of the earnings of the company.

Oil India Ltd, the second state-run firm to hit the market with an offering of equity shares this year, may price its IPO that opens on September 7 at Rs 1,000-1,100 a share.

Australian police claimed to have foiled a major terror plot in Melbourne on Tuesday with the arrest of four persons linked to a Somali militant group who were allegedly planning a suicide shoot-out on a military base. Police officials said they have pinpointed an Australian terrorist cell supporting and directly involved in insurgency activity in Somalia.

Rediff.com has highlighted many stories about the controversy surrounding the EVMs and the growing opposition to their usage. In a letter to rediff.com, a representative of Election commissioner Dr S Y Quraishi's office has clarified the EC's position over the matter, which is threatening to blow up into a major issue of national concern.

The unchanged duty structure for the cement industry is a major disappointment. However impetus for rural growth and infrastructure development will ensure healthy demand to continue.

Cut in specific excise duty on large cars of engine capacity 2000 CC and above by Rs 5000, levy of service tax on transport through rail, coastal cargo and through inland water.

The levy of service tax for transport of goods by rail, transport of cargo, goods through inland water including national waterways will hike the transport cost.

Excise duty on folders, file covers, manifold business forms & other articles of stationery, of paper or paperboard except notebooks and exercise books is being increased from 4% to 8%.

The budget proposes to enhance the allocation to the Department of Information Technology from Rs 1952 crore in 2008-09 to Rs 2802 crore in 2009-10. The budget proposes allocation of Rs 600 crore towards establishing National Knowledge Network, Rs 900 crore towards e-Governance programme, Rs 550 crore towards National Informatics Centre and Rs 125 crore for Centre for Development of Advanced Computing for undertaking R&D.

The budget has increased the outlay for the Ministry of Civil Aviation by 21% at Rs 12165 crore from Rs 10031 crore for FY2008-09. However, the revised estimate for FY2008-09 was at Rs 7490 crore against the outlay of Rs 10031 crore.

The Union Budget 2009-10 has proposed to extend the terminal date for starting the power generation by cogen plant by one more year.

But the sector will be impacted due to sluggishness in the Indian economy.

Union budget provides no major fillip to the ailing sector.

The increase in liability towards MAT will be matched by an incremental deferred tax credit.

The hike in MAT will not be earnings dilutive but will only be cash flow dilutive.

Computer education - SSA allocation stagnant with overall allocation up 5%.

Some chlor alkali producers using naphtha as feedstock for captive power plant will benefit from cut in the excise duty on naphtha from 16% to 14%.

Contrary to expectations of the chemical sector, Budget turned non event.

The reintroduction of 4 per cent optional excise duty for cotton textile products is welcoming sign.

While a unique business model, growth opportunity and consistent track record are the positives for the issue, the pricing appears stiff.

Want to enter the market? Learn the tricks yourself instead of depending on what the analysts say.

Bharti Telecom, the unlisted holding company of Bharti Airtel, may issue fresh equity to the MTN group to give it the 25 per cent economic interest in India's largest mobile service provider.

The new government will have to act quickly to maintain the momentum, Andrew Holland, CEO institutional equities and equity proprietary trading, Ambit Capital, tells Business Standard's Rajesh Bhayani.

International Institute of Hotel Management announces all-India entrance test on May 22, 2009

While the deal at the bid price of Rs 58 per share may bring some cheer to Satyam's shareholders as it brings to end a host of uncertainties, Tech Mahindra has a tough task on its hands, given that Satyam's revenues and client-base is diminishing slowly.

With a good 69 per cent of its existing customers having trimmed their IT budgets by about 10 per cent, volumes too could be weaker. In a difficult environment, business from new clients is understandably harder to come by and taking far longer than it did earlier. Which is why the tech major has announced a fairly conservative dollar revenue outlook: revenues for 2009-10 will be lower by 3-7 per cent over 2008-09 levels.

Taking immediate corrective action and lessons from the US experience would help in restoring investor confidence.

K Chandramouli, commissioner, Employees Provident Fund, tells Business Standard's Sreelatha Menon that expansion of the fund will make it sustainable.