Business Daily from THE HINDU group of publications
Saturday, April 28, 2007
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Markets (April 27)
BSE Sensex13908.58(-320.30)
S&P CNX Nifty4083.50 (-94.35)
US Dollar (Buy/Sell)41.11 (+0.16)


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WEB EXTRAS

INVESTMENTS
`Investors can seriously benefit from global markets'
Earlier this week, the Liberalised Remittance Scheme came in for further liberalisation when the Annual Policy Statement of the Reserve Bank of India proposed doubling of the current limit of $50,000 to $1,00,000 per financial year for any ... More

COURTS/LEGAL ISSUES
An `output' of litigation
The loosely-worded definition of input service is generating needless and repetitive litigation over service tax credit claims. More

STEEL
SISCOL seeks to ride on auto, oil & gas sector growth
Targets better price margins compared to the construction industry More

INDUSTRY ASSOCIATIONS
Tech outsourcing: `Take on competition through hub & spoke model'
KPMG-Nasscom advisory for Indian outsourcing players More

COMMODITY MARKETS
Steady trend at Kochi tea auction
Good general demand perked up the prices of several dust varieties at the Kochi tea auction. The market opened at last week's levels and medium CTC varieties eased during the course of auction. However, the market firmed up and value of several ... More

Cardamom prices dip on weak demand
Cardamom prices dipped on weak demand and improved arrivals at the auctions held during the week in Kerala and Tamil Nadu. Domestic buyers have slowed down. Exporters are not buying mainly because of high prices and decline in quality of the ... More

EVENTS
Making art lighter on the purse
A shaded green cat looking at two little birds sitting on its back is a favourite with not just its painter Dibyendu Basu, but also with people visiting the gallery where paintings by nine artists from Bengal are being displayed till ... More

ENTERTAINMENT & LEISURE
Sony looking at doubling revenues from India
Consumer electronics major Sony said that it was planning to double its consolidated revenues from its operations in India to $2 billion by 2009-10. "We crossed the $1 billion consolidated revenues mark in 2006-07, and anticipate to nearly ... More

OUTLOOK
Vanilla prices may gain 10% this year
Outlook bullish on crop loss report from Madagascar More

Escorts to raise $70 m; posts Rs 6.71 cr net
To fund expansion plans, retire debts More

AIG to park its $10 m in maiden fund
Keen on entering mortgage guarantee biz More






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Top Stories
POSCO-India officials begin meeting people directly for land acquisition


China propels world aluminium production growth

IOC-IBP merger plan may be cleared soon

SEBI bars 7 brokers from share debut trading

Govt clears way for admissions in IIMs

Toyota-Kirloskar expansion in Karnataka hits a bump

Bharti Airtel chalks out $3.5-b investment plan

`SBI corporate loans now priced above prime lending rates'

`Investors can seriously benefit from global markets'

Looking back
Apr. 15-Apr. 21
Unified national market for agriculture mooted

Forex reserves have very high opportunity cost

Air Sahara will be renamed Jetlite

Profile of a typical fraudster

Banks can sell derivative products



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