Business Daily from THE HINDU group of publications
Friday, June 30, 2006
Commodities (June 29 at close)
Gold (per gram) Rs824
Standard Gold (10 gram) Rs8,900
Silver (per gram) Rs17.40
Brent crude (per bbl) Rs3,331
Markets (June 29)
BSE Sensex10162.16(+32.46)
S&P CNX Nifty2997.90(+16.80)
US Dollar (Buy/Sell)46.33 (-0.05)


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India Inc goes on capital raising spree abroad
A record Rs 35,135 crore raised in first five months More

Cane wars reach flashpoint
Bajaj Hindusthan and Balrampur Chini scramble for control in eastern, central UP More

KPMG to expand Indian operations
Shifting its focus towards advisory services More

Star turn at the service tax counter
BRAND ENDORSEMENT More

NIIT Q4 PAT flat at Rs 8.3 cr
IT training company NIIT Ltd on Thursday posted a virtually flat profit after tax for the fourth quarter ended March at Rs 8.3 crore compared with Rs 8.2 crore in the same period previous year. Mr Vijay K. Thadani, CEO of NIIT, said, "This has ... More

SEBI to verify composition of company boards
To assess quality and independence of independent directors More

Interest rate hike fears could weaken property prices by year-end
`More than $5 b is to be invested in Indian real estate' More

Banks see sharp rise in cost of funds
Tight liquidity forces high coupon on Tier II bonds More

PC sales cross 5 m units
Desktop sales top 4.6 m, growth at 27 pc More

TCS to spend Rs 1,300 cr on capex
To hire over 30,000 More

Unethical medicine promos under scalpel
"Medicine recalls and adverse events have increased the patient's suspicion against drug companies and that has put drug companies under tremendous pressure." More

Markets open on bullish note; turn nervous later
More

NIIT Tech up on value buying
The NIIT Technologies stock has gained 17.5 per cent since June 15 on value buying. Given the prevailing price, the stock is trading at roughly 7.8x 2007 and 6.2x 2008 estimated earnings. The counter on Thursday ended with a marginal 1.6 per ... More

Orient Paper: Betting on growth
Orient Paper, which closed at Rs 342.55 on the NSE, has gained 25 per cent since June 15 on hopes that company's three businesses are peaking at this juncture. Cement, currently among the most happening sectors, is likely to drive growth, ... More

Bay `low' misses date once again
The system could move northwest into the mainland More


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