Business Daily from THE HINDU group of publications
Wednesday, June 13, 2007
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Commodities (June 12)
Gold (per gram) Rs807
Silver (per gram) Rs19.30
Brent crude (per bbl) Rs2,849
Markets (June 12)
BSE Sensex14130.95 (+47.54)
S&P CNX Nifty4155.20 (+9.60)
US Dollar (Buy/Sell)40.77 (-0.08)

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Industrial output surges; manufacturing grows 15.1%
Strong showing by consumer non-durables, power generation More

A satisfactory start, says Chidambaram
The Union Finance Minister, Mr P. Chidambaram, said on Tuesday that the 13.6 per cent year-on-year industrial growth for April was a "satisfactory start," though it was "too early to draw conclusions" for the entire fiscal based on one month's ... More

Job market to remain vibrant in Q3, says survey
Employers in southern region most optimistic More

Areva in talks with Govt, BHEL, L&T
For supply of nuclear power equipment More

ICICI to sell 5.9% in new arm for Rs 2,650 cr
ICICI Bank will issue a 5.9 per cent stake in its proposed subsidiary (the holding company for its non-banking businesses) for Rs 2,650 crore to private investors. This would value the subsidiary at Rs 44,600 crore on a post-issue basis, said ... More

DLF public issue fully subscribed
The initial public of offering of the real estate major DLF was oversubscribed on the second day of the book building process on the BSE and NSE. The IPO was subscribed 1.28 times on account of large number of bids received for the Qualified ... More

`Gold will need a new catalyst to challenge $700/oz '
Further price gains likely in a number of different metals More

Pension fund manager: Request for proposals issued
Time given till July 4 for short-listed entities to submit bids More

Infosys' non-compete bond `to protect intellectual property'
Not an anti-poaching measure to check attrition, says Pai More

Telecom authority for cap on mobile operators
Issues consultation paper to usher in next wave of reforms More

Second-rung pharma stocks outdo index since May
Increased investor interest in CRAMS companies More

Great Offshore, GE Ship decline
Great Offshore and Great Eastern Shipping stocks have been declining on the bourses of late. According to market talk, operators have cooled off their speculative binge since there has not been any response from the SEBI to one promoter faction's ... More

`Heat low' builds to drive monsoon into north
Excessive heating of the north and northwest has provided the perfect backdrop for the all-important `heat low' to build in the northwestern sector and adjoining Pakistan, which is a good augury for the progress of southwest monsoon. The `heat ... More


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