Financial Daily from THE HINDU group of publications
Tuesday, June 13, 2006
Commodities (June 12)
Gold (per gram) Rs850
Standard Gold (10 gram) Rs9,180
Silver (per gram) Rs18.80
Brent crude (per bbl) Rs3227
Markets (June 12)
BSE Sensex9476.15 (-334.31)
S&P CNX Nifty2776.85 (-89.45)
US Dollar (Buy/Sell)45.92 (-0.04)

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SAT stays SEBI directive to NSDL
`Regulator has no power to effect management change in companies' More

Sensex loses 334 in see-saw trade
The stock markets went in for yet another roller coaster ride, with the BSE Sensex witnessing an almost 431-point swing intra-day (high-low) to close weak at 9,476.15, losing 334.31 points or 3.4 per cent, thereby retracing most of its gains made ... More

Thapar's Global Green set to buy overseas co
Post-acquisition, consolidated sales to jump to Rs 400-500 crore More

IIP registers 9.5% growth in April
Manufacturing sector grows by 10.4 pc, mining up 4.3 pc More

Deccan Aviation, Unity Infraprojects get the bear hug on debut
The shares of Deccan Aviation, which made a debut on the bourses on Monday, fell below its issue price in a volatile market. The shares opened at Rs 148.05, but moved down thereafter and closed at Rs 98.85 at a discount of 33.02 per cent to the ... More

RBI slaps Rs 5-lakh fine on Canara Bank
The Reserve Bank of India today imposed a fine of Rs 5 lakh on Canara Bank for violation of CRR and SLR norms. In a press release issued today, RBI said, "The bank had been following an estimation method for reckoning the external liabilities ... More

Banks' profits set to take a knock in first quarter
Higher loan provisioning, depreciation losses main reasons More

`Take a break until next Oct'
Though not convinced about `taking a holiday until next October,' marketmen refused to be pegged down on the possible duration of a bear market phase. More

New fund schemes quiver under bear onslaught
Some of these funds well below the Rs 10-mark More

Telcordia Tech sets up R&D lab in Chennai
First such facility outside US; Wipro partnership to continue More

TCS focusing on faculty development
To bridge the corporate-campus gap, TCS conducts faculty development programmes across the country. "Continuous interaction with educational institutions is our key focus to tap the best scientific and engineering talent and engage in ... More

Sun Micro in talks with States for e-gov projects
To roll out 50 pilot community centres More

Farmers asked to defer sowing
MONSOON HOLD-UP More


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