Business Daily from THE HINDU group of publications
Sunday, July 08, 2007
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Commodities (July 07)
Gold (per gram) Rs801
Silver (per gram) Rs18.45
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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At 15000, Sensex stocks aren’t more expensive
Two-thirds available at PE multiples cheaper than May 2006 levels More

Raja wants BSNL tender reviewed; ‘rates too high’
The Union Minister for Communications and Information Technology, Mr A. Raja, on Saturday made it clear that he would not allow BSNL to purchase 45.5 million cellular lines at the rates quoted by the lowest bidder. The rates were too high, he ... More

RCom, Qualcomm bury differences, in new tie-up
New Delhi, July 7 Reliance Communications and Qualcomm have buried their differences over royalty payments and on Saturday announced a partnership to make available cheaper data services in India using CDMA technology. The two companies will ... More

Strong rupee: Textile exporters go for fabric imports from China, other neighbours
Smaller players relying on local inputs are the hardest hit More

Index Outlook
The ovation that greeted Sensex on recording a new high and scaling 15000 last week proves beyond doubt that it reigns supreme over the rest of the indices of the Indian stock markets. How else can one account for the rather incongruous ... More

Realty stocks — Sifting hype from reality
Equity investors wanting to play the real estate theme will have to put the stocks through a slew of filters to get the measure of a company’s profitability and risk profile. More

‘Mining policy should ensure that ore deposits are economically liberated’
Chennai, July 7 With the Group of Ministers on Mining giving a go-ahead to the new mining policy on Friday, the issue of maximising the potential of India’s mine wealth has once again assumed prominence.The Minister concerned, Mr ... More

FIMI opposes ad-valorem royalty on minerals
Does not mind an upward revision of rates on tonnage basis More

Downhill ride for auto sector?
More

One year on, ‘Nathula Pass’es more benefits to tourism sector
Gangtok, July 7 It is one year since the reopening of Nathula for border trade with China. Trade between Sikkim and the Tibet Autonomous Region (TAR) in China had resumed on July 6 last year after a gap of 44 years. To mark the first ... More

Everonn Systems — IPO: Invest at cutoff
More

Simplex Projects — IPO: Avoid
More


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