Business Daily from THE HINDU group of publications
Saturday, June 16, 2007
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Commodities (June 15)
Gold (per gram) Rs809
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Brent crude (per bbl) Rs2,908
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BSE Sensex14162.71 (-41.01)
S&P CNX Nifty4171.45 (+1.45)
US Dollar (Buy/Sell)40.94 (-0.03)

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Asian Hotels board proposes split into 3 independent units
`Promoters' interest creating potential conflict of interest' More

We must learn to manage large capital flows: Chidambaram
The Union Finance Minister, Mr P. Chidambaram, said on Friday that the country must learn to manage large capital account flows. "We aspire to be a developed economy... We must learn to manage a fully convertible or nearly fully convertible ... More

CBDT circular to discern shares held as stock-in-trade or investment
`Final decision depends on the facts of each case' More

Direct forex trading: YES Bank joins the band
No additional cost to customers More

OVL plan to buy 33% stake in Egyptian block gets Cabinet nod
Block operated by Royal Dutch Shell More

BSNL lowers international roaming tariffs
DECLINING CALL RATES More

Inflation rate eases to 10-month low as primary items' prices fall
Wholesale price index of all commodities at 211.9 points More

Gujarat State Petro expecting satellite oil reserve in KG block
Starts exploratory drilling in northern part More

Vodafone recasts Hutch Essar board
Ravi Ruia is Chairman, Arun Sarin Vice-Chairman More

Airtel in pact with HTC for touch screen mobile
Bharti Airtel on Friday announced an exclusive arrangement with Taiwan-based High Tech Computers to offer mobile services on its Microsoft Windows Mobile platform-based handheld device. Priced at Rs 19,900, the HTC Touch device would be ... More

StanChart launches private banking services
Focus on high networth individuals with $1-m investible wealth More

`Rising rupee spells doom for jobs in textile export sector'
Could result in loss of 5.79 lakh potential new jobs More

Vedanta's open offer for Sesa Goa stake postponed
Market regulator yet to clear the proposal More

Petronet: Buzz links Chevron
Market buzz that US-based Chevron Corporation, the oil and gas exploration major, is looking at picking up a substantial stake in Petronet LNG, has led to increased trading in the company's stock for the past few days. The stock, which has risen ... More

DLF fixes issue price at Rs 525; mops Rs 9,187.5 cr
Real estate major DLF today fixed the issue price for its initial public offering at Rs 525 per share, mopping Rs 9,187.5 crore from the recently-concluded mega issue. The 100-per cent book built IPO had been launched with a price band of Rs ... More

Adlabs lights up on `Sivaji'
The stock of Adlabs Films witnessed sharp gains on Friday. It closed at Rs 543.70 against the previous day's close of Rs 514.05, while the traded quantity too jumped to 3.07 lakh shares, against the two-week average of 1.72 lakh shares on the ... More

Vigil for monsoon surge in Western Ghats
Offshore trough may bring enhanced rainfall activity to west coast More


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