Business Daily from THE HINDU group of publications
Saturday, June 02, 2007
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Commodities (June 01)
Gold (per gram) Rs813
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BSE Sensex14570.75 (+26.29)
S&P CNX Nifty4297.05 (+1.25)
US Dollar (Buy/Sell)40.56 (-0.10)

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Tata Tea buys 24% stake in Mount Everest for Rs 110 cr
Open offer for additional 20% at Rs 140 per share More

BSNL, MTNL, RCom cut roaming tariff
Incoming/outgoing calls will now cost Re 1 More

Cement import norms eased
The condition that the imports must be on a continuous basis has also been scrapped. More

Mayawati scraps sugar policy
The Uttar Pradesh Government under Ms Mayawati has scrapped her predecessor administration's Sugar Industry Promotion Policy of 2004, compounding uncertainties for a currently beleaguered industry. "The Cabinet has today decided to scrap the ... More

Paramount may pick up stake in existing airline
With mergers and acquisitions on the rise in the aviation sector, the Madurai-based Paramount Airways is also examining a proposal to pick up a stake in an existing airline, the Managing Director, Mr M. Thiagarajan, has said. "An airline has ... More

Teleradiology outsourcing... the new buzzword
Teleradiology services from India are in great demand oversees. No, Indian radiologists are not shifting base to distant lands. Instead of being closeted in a hospital here, many of them are poring over X-rays, CT and MRI scans of patients ... More

Exports grow 23.6% in April, imports 40.69%
Trade deficit shoots up to $7.06 b in the month More

Inflation rate falls as prices of food items ease
Wholesale Price Index of all commodities up at 211.9 More

Retail, media, FMCG score highest in labour index
South better organised than the country average: Study More

Govt, IRDA get tough with foreign insurance cos
May disallow re-entry for those who exit joint ventures midway More

GSM operators challenge Government on spectrum issues
Backhaul microwave charges increased arbitrarily by DoT, they say More

RCom, BSNL drop international long distance calling rates
Move will benefit individual subscribers and corporates More

Thirty-one new stocks in F&O segment sizzle
Only three among them turned in negative returns More

Glenmark: Betting on product
The Glenmark Pharma counter has moved up 5.64 per cent over the month. Market analysts said the company's topline is expected to grow as the company's pain killer drug molecule GRC 6211, which will enter the phase II trials in Europe, may ... More

Move to scrap wheat tender raises uneasy questions
There is absolutely no reason for anyone in the Government or in the State trading agency to feel smug about cancellation of the 10 lakh tonnes wheat tender. No doubt, the country has saved a tidy sum by not agreeing to import high priced wheat. ... More

`Low' forms, tipped to intensify into depression
Fresh southerly surge may help More


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