The Hindu Business Line : Wednesday, June 20, 2007

Crude basket touches $69.28
In line with the volatile movement in international crude prices, the Indian crude oil basket on Monday touched $69.28 a barrel. This is the highest so far in the current fiscal year. The Indian basket comprises Oman-Dubai sour grade crude and ... More

ICICI Bank issue subscribed 2.74 times on Day 1
27.08 crore bids received More

`Desist' from futures contracts, 15 brokers told
SEBI has passed an order cautioning 15 brokers, including Indiabulls Securities among others, to `cease and desist' from undertaking Futures and Options contracts in violation of SEBI guidelines while trading on the National Stock Exchange. The ... More

Tata Sons forms new financial services arm
Tata Capital to operate in merchant banking, housing finance More

Safety not a concern yet for generics of Acomplia
Sanofi still to get US nod for anti-obesity drug More

Utterly healthy, says Amul
Fitness candy Stamina launched in 2 flavours More

Net direct tax receipts up 57.5%
The Centre's net direct tax collections up to June 18 this fiscal stood at Rs 37,444 crore, registering a 57.5 per cent increase over the collections recorded in the corresponding period in the previous year. The collection level so far ... More

HCL Tech signs $15-m contract with Alenia Aeronautica
HCL Technologies has announced a $15-million contract with Alenia Aeronautica to provide engineering services that would support the improvement of the C-27J Spartan production line. Under the terms of the deal, HCL Technologies would convert ... More

Auto stocks losing favour among fund managers
Top-performing funds have only a low-to-medium exposure to auto More

Steel stocks up on price hike hopes
Steel majors have been gaining sharply in recent times on the back of price hike hopes. With input raw materials cost going up quite sharply, steel majors are mulling a price hike soon, said marketmen. According to analysts tracking steel ... More

`Buying via commodity bourses can help Govt cut subsidy'
Savings on procuring foodgrains for PDS seen at Rs 13,000 cr More

Non-life insurers getting ready for new regime
Shifting to half-yearly solvency reporting in line with global practices More

`Low' beats forecast, may strengthen rapidly
Heavy rain alert for Maharashtra, Gujarat More

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