The Hindu Business Line : Thursday, March 29, 2007

Re surges to eight-year high
On the back of a cash crunch, the rupee surged to an eight-year high of 43.04/05, last seen in 1999. Banks swapped dollars for rupees to meet immediate needs, giving a fillip to the domestic currency. The rupee opened at about 43.14/15 and ... More

SEBI plans separate system for tackling serious market offences
Working on regulation of investment advisors More

Relief likely for lower grade iron ore exports
The Government is likely to provide some respite to the iron ore exporters by restructuring the export duty of Rs 300 per tonne imposed in the Budget. Some Relief As of now, an across the board export duty is ... More

3% Central sales-tax to take effect from April 1
Bill gets Presidential nod; also paves way for higher VAT on tobacco More

Glenmark in patent challenge over cholesterol drug
Schering Corp and MSP Singapore file suit against exclusivity claim More

ACC investing Rs 4,000 cr for capacity expansion
Grinding capacity of TN, Orissa plants will be augmented by next year More

Banks losing appetite for bulk deposits
Net interest margins under pressure More

New gen banks say churn is welcome
`Good talent available in rural, semi-urban areas' More

More consolidation likely in India: Forrester
India is likely to witness more consolidation within some 800 software sector players, according to Forrester Research. This could be by way of more mergers and acquisitions both cross border and within the country. However, the domestic ... More

All about love
Lycra is launching another campaign to build differentiating equity and create an emotional connect with consumers. More

Mid-cap funds: Performance chart shows wide variance
Number of funds saw depletion in assets under management More

`Indications of rebound in metals market'
Zinc, an exception in Barclays Capital's forecast More

IT stocks take a beating on strong rupee
`Infotech sector earns over 60% revenues in foreign exchange' More

COMMODITY COMMENTARY
Inconsistent policies, data affecting sugar sector
Production estimates revised frequently; reality not reflected More

Pacific cooling slows; monsoon outlook in tact
The Australian Bureau of Meteorology (BoM) has assessed that the cooling of the east and equatorial Pacific has somewhat slowed, but there is no case for drastically altering the outlook for a La Nina event. La Nina is the colder counterpart ... More

Digihome solutions for smart homes
Digihome offers builders integrated communication features More

Dancing to a different beat
Away from the smoky confines of midnight bars, she is no longer a bar dancer but an entrepreneur. "State Bank of India's initiative to create bachat ghat (self-help group) has helped me to set up a tailoring shop. It has really boosted my ... More

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