Business Daily from THE HINDU group of publications
Tuesday, February 20, 2007
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Commodities (Feb 19)
Gold (per gram) Rs892
Silver (per gram) Rs22.05
Brent crude (per bbl) Rs2,596
Markets (Feb 19)
BSE Sensex14402.90 (+47.35)
S&P CNX Nifty4164.55 (+18.35)
US Dollar (Buy/Sell)44.15 (+0.07)


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DGH disallows ONGC's gas discovery in KG basin
Company to contest regulator's views, seeks third-party audit More

Tata Tea to divest stake in northern operations
New entity to take over from April 1; focus on agri-products More

SBI raises PLR by 75 bps
State Bank of India has raised its benchmark prime-lending rate (SBAR) by 75 basis points to 12.25 per cent per annum, effective February 20. The hike follows the increase in cash reserve ratio by the RBI to 6 per cent. However, the existing ... More

`Punish cos for Clause 49 non-compliance'
Companies that have not yet complied with the Clause 49 of SEBI's corporate governance regulations should be fined, said Mr Deepak Parekh, Chairman of Housing Development Finance Corporation. Mr Parekh, who is also the Chairman of SEBI's ... More

Hind Copper to outsource mining to Australian co
Takes service contract route to revive closed mine at Jharkhand More

Bharti to invest $2.5 b in retail venture by 2015
To roll out outlets in multiple formats More

We need land, water policies for industrialisation
We are the largest importers of edible oil in the world, the largest importers of fertiliser, not to mention fuel oil and products. The moment we clear our throats in the world market, prices have already gone up. More

Sub-prime rates moving up
Gap with PLR narrowing More

TCS' defence, aerospace designs set for takeoff
Boeing IDS, Lockheed Martin in talks More

Indian power cos flock to Africa, Middle East
Both the regions could be spending about $ 20 billion in next four years on power transmission and distribution infrastructure More

Ceat plans to set up truck radial facility
Also proposes to modernise, expand its existing capacities More

Volatile construction stocks upset funds' NAVs
Some funds already pare exposure to this segment More

Benchmarks lack direction in dull trade
After the fireworks of Thursday, Indian equity markets spent Monday in a relatively sedate sideways move. Sensex attempted to move close to 14,500 early in the session but the general air of caution kept a lid on the rally and the index finally ... More

Easterlies drive rain in South
Easterly winds packing a smattering of moisture have been causing scattered rainfall in extreme southern peninsula over the past few days. Convective activity may also have contributed to the denouement with some places in southern Tamil Nadu, ... More


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