Business Daily from THE HINDU group of publications
Wednesday, January 10, 2007
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Commodities (Jan 09)
Gold (per gram) Rs826
Silver (per gram) Rs19.75
Brent crude (per bbl) Rs2,468
Markets (Jan 9)
BSE Sensex13566.33 (-85.82)
S&P CNX Nifty3911.40 (-22)
US Dollar (Buy/Sell)44.43 (-0.09)


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Chidambaram rejects industry plea for duty cuts
Inflation worrying; India Inc told to maintain stable prices More

Banks staring at fewer takers for home loans
More

Govt to review retail fuel prices this month end
The Petroleum Secretary, Mr M.S. Srinivasan, on Tuesday said that the Ministry would review retail fuel prices at the end of this month. Speaking to presspersons, he said the Government might reduce petrol and diesel prices if the current fall ... More

Soft crude price helps oil marketing cos to make profit
`Positive margins may be generated from next fortnight' More

Changes in retail FDI policy soon
Changes in the Foreign Direct Investment (FDI) policy in the retailing sector can be expected very soon, with Mr Kamal Nath, Union Minister of Commerce and Industry, saying, "You won't have to wait very long for changes in the FDI retailing ... More

Ranbaxy to bid for Merck's generic biz by Jan-end
It is private equity players who may be Ranbaxy's biggest contenders for Merck's generic business. More

Cairn India shares list at discount
Shares of Cairn India Ltd, a subsidiary of the Edinburgh-based Cairn Energy Plc, which was listed on the BSE on Tuesday, closed 14 per cent below the initial public offer price of Rs 160 due to the unenthusiastic response to the issue, concerns ... More

Will Hutch buyer be able to retain top managers?
`Its business model quite different from that of peers' More

TCS product for hospitality sector by March
To offer end-to-end functionalities for hotels More

Vodafone chief may meet Mittal over Airtel stake
The Vodafone CEO, Mr Arun Sarin, may meet Mr Sunil Mittal, Chairman of Bharti Airtel, to initiate disengagement talks prior to acquiring Hutchison Essar. Vodafone will have to give up its 10 per cent stake in Bharti Airtel if it acquires ... More

2007 likely to see bumper harvest of IPOs
Despite mega issues, mid-sized offerings set to dominate More

More NFOs to hit market this year
Hybrid products may be a recurrent theme More

ITC down on VAT reports
The stock of ITC Ltd has been under pressure following reports that the VAT panel has recommended phasing out of the Central Sales Tax (CST) over four years. This has raised concerns of the cigarette industry being hit by high taxes in the FY-08 ... More

Weak coking coal buoys JSW Steel
Reduced coking coal prices and higher sales volumes from its cold rolling mill has propelled interest in the counter of JSW Steel. The stock, which gained by almost 24 per cent month on month, ended the day 3.2 per cent higher at Rs 408.25 on the ... More


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