Business Daily from THE HINDU group of publications
Tuesday, January 23, 2007
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Commodities (Jan 22)
Gold (per gram) Rs849
Silver (per gram) Rs20.40
Brent crude (per bbl) Rs2,367
Markets (Jan 22)
BSE Sensex14209.24 (+26.53)
S&P CNX Nifty4102.45(+12.30)
US Dollar (Buy/Sell)44.22 (-0.09)


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5% of new pension money to be invested in stocks
Scheme based on defined contribution; Bill awaits passage More

Customs duty on cement, metals cut
With a view to reducing the cost of manufacturing and encouraging infrastructure development, the Government has decided to reduce customs duty on cement, various raw materials and capital goods. The customs duty on Portland cements had been ... More

SEZs: Govt considering `export obligation'
More

Court to hear Nimbus, DD issue today
Nimbus finds support from BCCI More

Maruti net up 11 pc in Q3
Carmaker Maruti Udyog Ltd has posted an 11 per cent increase in third quarter profit, as costs from consolidating a subsidiary affected the growth in earnings. The company's net profit during October-December 2006 stood at Rs 376.41 crore ... More

Use your voice for taking out cash, sending SMS
Speech recognition tech set to replace punching keys More

Finance Ministry puts the squeeze on PSUs
Asks for more dividend payout More

ONGC not to share rigs with other exploration cos
But open to sharing for future ultra deepwater activities More

Proposal for pension fund investment in stocks hailed
`Will improve liquidity, serve as hedge against inflation' More

Nimbus gets Rs 552-cr investments
More

FIIs lie low in first 2 weeks of new year
Strong bull run, stretched valuations turn them cautious More

Polaris Q3 net at Rs 32 cr; strong rupee drags margins
To pay interim dividend of 20 per cent More

COMMODITY COMMENTARY
Worried government to review vegetable oil prices
Food Secretary to meet industry, trade representatives today More

M&A scene: Momentum seen continuing
M&A activity is expected to remain on an uptrend with cross-border deals continuing to maintain their momentum. Significant deal activities are expected in auto ancillaries, domestic retail, real estate, hospitality, oil and gas and the ... More

BHEL up on growth opportunities
The stock of BHEL gained sharply on Monday at Rs 2,319.80 against Friday's close of Rs 2,269.30 ahead of its third quarter financial performance announcement. The company is scheduled to announce its quarterly numbers on Thursday, which market ... More

Alphageo gains on NELP-VI hopes
Alphageo has gained about 18 per cent in a month's time and 9.30 per cent over a week's time. According to brokers, the Union Cabinet is likely to announce the results of New Exploration Licensing Policy (NELP-VI) soon. This is going to ... More


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