Business Daily from THE HINDU group of publications
Saturday, July 01, 2006
Commodities (June 30 at close)
Gold (per gram) Rs845
Silver (per gram) Rs18.05
Brent crude (per bbl) Rs3,385
Markets (June 30)
BSE Sensex10609.25(+447.09)
S&P CNX Nifty3128.20(+130.30)
US Dollar (Buy/Sell)46.06 (-0.36)


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Hinduja group sells Hutch stake for Rs 2,000 cr
Hutchison Telecom stake in Hutch-Essar will be 67 pc after this deal More

Ambani brothers in race for CBM-III blocks
Govt gets 54 bids for 10 blocks More

O.P. Bhatt appointed SBI Chairman
Mr O.P. Bhatt, Managing Director, State Bank of India, has been appointed Chairman of the bank. The five-year term of Mr Bhatt will expire in March 2011. His will be the longest tenure as SBI chairman in the recent past. Mr Bhatt took charge ... More

Sensex buoyed by Fed move, up 447 points
Investors gave a `thumbs-up' to US FOMC (Forward Open Market Committee) decision on rate hike with the BSE-30 Sensex rising by 447.09 points or 4.40 per cent to 10,609.25 points, making this the highest close for the index during this month. ... More

Wockhardt acquires Farex, Protinex brands
Buys Dumex India from Dutch co for undisclosed amount More

Current account surplus of $1.8 b in Q4
Software exports up 40.7 pc & private transfers 16.9 pc More

Forex reserves fall by over $1 b
The foreign exchange reserves have fallen by over $1 billion for the week ended June 23, due to a decline in the foreign currency assets. In the previous week, reserves had increased marginally. According to the Reserve Bank of India's Weekly ... More

Inflation up on costlier food, energy products
Wholesale price index for all commodities at 203.4 More

`Rise in inflation not to hurt growth'
`Govt constantly watching the situation' More

`Flexi staffing merits better recognition'
Chennai to host Executive Recruiters Association conference in July More

Spurt in broadband subscribers
Migration from dial-up affects ISPs More

PM brings rains and hopes to Vidarbha
Dr Singh says fair price not being given for farmers' produce More

Deficient rains may hit cotton, oilseeds
Truant monsoon presents a gloomy picture; rice sowing down More

`More downside likely in emerging markets'
Markets are still not out of the woods: Lloyd George Management More

Frontline stocks steal the show
More

LKP: Up ahead of merger move
Even though it was made official after the trading hours, market got the wind of positive development in LKP Merchant Financing. The company finally reached an agreement on Friday for the merger of its whollyowned subsidiary, LKP Forex Ltd, ... More

Pearl Global: Retail foray buzz
The current market buzz around Pearl Global counter is that the company may rope in a strategic partner. The stock opened trading at the 5 per cent upper circuit at Rs 95.05 on the BSE on Friday. According to grapevine, the company has chalked ... More

Pocket
More

Bay `low' set to intensify soon
System may move west-northwest More


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