Business Daily from THE HINDU group of publications
Thursday, June 21, 2007
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Markets (June 20)
BSE Sensex14411.95 (+116.45)
S&P CNX Nifty4248.65 (+34.35)
US Dollar (Buy/Sell)40.79 (-0.01)


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WEB EXTRAS

INVESTMENTS
Importance of risk capital
Instead of subjecting current shareholders to `high-risk, high-return' strategies, corporates should be allowed to look for investors with the appetite for such risks... More

POWER
Centre's move to supply CFLs at lower prices
Manufacturers set to earn carbon credits; tie-up with distribution utilities on cards More

HOUSING FINANCE
GIC Housing plans reverse mortgage foray
GIC Housing Finance Ltd is firming up plans to enter the reverse mortgage segment, which is targeted at senior citizens. It is also exploring forays in innovative mortgage linked insurance products. To expand its housing loan portfolio and ... More

GENERAL INSURANCE
Max India raises Rs 1,000 cr through qualified institutional placements
Gets another Rs 300 cr from International Finance Corporation More

FOREIGN DIRECT INVESTMENT
Mittal-HPCL deal: Cabinet may decide today
For picking 49% in Bhatinda refinery More

REGULATORY BODIES & RULINGS
Allow MFs in commodity futures: NCDEX
Participation of banks, mutual funds and financial institutions will help bring down volatility in the commodity futures trading, according to Mr P.H. Ravikumar, Managing Director of NCDEX. Speaking at the CII Mutual Fund Summit 2007 on ... More

EXPORTS & IMPORTS
Apeejay Tea plans new retail brands
Mulls launching tea bags More

OUTLOOK
Bay `low' becomes marked, prowls outer seas
The `low' in the east-central Bay of Bengal underwent one round of intensification to become `well marked' on Wednesday, a spin away from being classified as a depression. India Meteorological Department (IMD) has mounted a 24-hour-watch for ... More






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Union Budget 2007-08

Railway Budget 2007-2008

Economic Survey 2006-2007

Top Stories
BEML follow-on offer opens on June 27


DoT in favour of including WiMax in 3G frequency band

The cross migration of retail

Demand seen for healthcare professionals

Telecom base expands by 6.3 m in May

`E-commerce may touch Rs 5,500 cr in 2007-08'

Rubber prices falling despite lean output season

PM makes a pitch for more power reforms

Decision on revised royalty for coal, lignite likely today

SC reserves order on Motor Vehicles Act provisions

Looking back
Jun. 10-Jun. 16
CAG raps Rlys on computerised reservation system

Audatex software for processing claims online

Pyramid Retail plans home delivery format for TruMart stores

Gujarat Coop Milk Fed is now a billion-dollar body



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