Business Daily from THE HINDU group of publications
Saturday, July 07, 2007
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Commodities (July 06)
Gold (per gram) Rs797
Silver (per gram) Rs18.20
Brent crude (per bbl) Rs3,020
Markets (July 6)
BSE Sensex14964.12 (+102.23)
S&P CNX Nifty4384.85 (+30.90)
US Dollar (Buy/Sell)40.45 (-0.01)

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Sensex hits 15,000; fund inflows, monsoon boost sentiment
Nifty also reaches all-time high; rally led by tech, telecom stocks More

UP puts all State, co-op sugar mills on the block
New Delhi, July 6 The Uttar Pradesh (UP) Government under Ms Mayawati is yet to unveil its promised new sugar industry promotion policy after having scrapped the earlier one framed by Mr Mulayam Singh Yadav’s administration. But ... More

Wipro buys Unza for $246 m
FMCG co acquired in all-cash deal More

GoM decides against cap on iron ore exports
Differential rate of export duty to continue More

ARPU levels for cell firms close to ‘unviability’ mark
Alarm bells may have started ringing for mobile operators with the average revenue per user (ARPU) inching closer to the Rs 200-mark, below which operations are considered to be unviable. With mobile operators announcing a slew of tariff ... More

Moody’s marks down Tata Steel
Mumbai, July 6 Moody’s Investors Service has downgraded the corporate family rating of Tata Steel Ltd to Ba1 (speculative grade) from Baa2 (investment grade). The rating reflects Tata Steel’s weakened balance sheet liquidity ... More

Primary articles drive up inflation rate marginally
The rise follows 10 consecutive weeks of declining inflation More

A heady cocktail of views about tax getting lighter on liquor
More

Commerce Ministry plans to take over basmati certification
Agri Ministry refusal to recognise Super Basmati under Seed Act More

Kharif sowing in full swing; bumper crop likely
Area under most crops rises on the back of good rains More

Have interest rates peaked in India?
That is the key question engaging the minds of all economic agents. Reports about commercial banks starting to lower their deposit rates — particularly on wholesale bulk deposits — are the first, though tentative, signs of a softening ... More

Satyam plans ‘virtualising’ HR functions
‘Aim is to create a better organisation’ More

IT firms warming up to get into the green act
Global warming has become a hot topic of discussion as the world spews as much as 28 billion tonnes of carbon dioxide every year (according to experts).If this continues at this rate for eight years, the earth would reach a ... More

Profit booking weakens logistics stocks
‘Sector is a long-term growth story, despite short-term weaknesses’ More

20% excess rainfall till July 4
Thiruvananthapuram, July 6 The country has received 20 per cent excess rainfall till July 4 with as many as 31 of the 36 met sub divisions recording excess or normal rainfall during the ongoing monsoon whose spatial and temporal coverage has ... More


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