Business Daily from THE HINDU group of publications
Sunday, June 10, 2007
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Commodities (June 09)
Gold (per gram) Rs809
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BSE Sensex14063.81 (-122.37)
S&P CNX Nifty4145 (-34.50)
US Dollar (Buy/Sell)41.23 (+0.50)

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Mills bet on raw sugar exports of 10 lakh tonnes
Substantial new refining capacities created in West Asia More

Nuclear deal may be done before Sept
The negotiations ahead will be tough, but the US-India civilian nuclear energy deal could well be sewn up before September. Speaking to the media on board the special aircraft bringing him back from the G-8 summit at German resort town of ... More

Takeover talk doesn't bother promoters
Not rushing to shore up stakes More

`Outsourcing must not be an India-specific issue for US'
The Indian business community has urged the US not to make outsourcing an India-specific debate. Outsourcing of jobs to India is likely to become an issue in the coming US Presidential elections, though Indian industrialists have impressed ... More

Reverse mortgage scheme: Pressure on Ministry to finalise tax aspects
Prospective users of the product are keen that all taxation issues are addressed upfront soon More

`Hedge fund managers often help prevent market risks'
In reality, hedge funds provide insurance against market shocks by providing price discovery and liquidity. — MR JOHN G. GAINE, PRESIDENT, MANAGED FUNDS ASSOCIATION, US More

Index Outlook
The insuperable air sported by Sensex at the end of last week gave way to uncertainty as it was swept lower along with the rest of the global indices. Market derives this vicious pleasure in reversing only after it has lured in as many naïve ... More

Dip in cement demand unlikely this monsoon
`A vibrant construction industry may not give room for it' More

`Attrition controls should not violate individual's freedom of choice'
Infosys decision to curb employee exits by forcing them to sign non-compete agreements is being received with much criticism by people in the business of helping companies retain talent. Though the company's recent move is clearly aimed at ... More


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