The Hindu Business Line : Saturday, July 14, 2007

Sensex at new high as metal stocks rally
Key metal stocks led a market rally that saw the BSE’s Sensex close 180.68 points higher at 15,272.72, after reaching an intra-day high of 15,330.73.The S&P CNX Nifty gained 1.31 per cent to close at 4,504.55, another all-time ... More

Fiat plans to recruit 4,000 for Ranjangaon facility
Fiat India will recruit about 4,000 people for its upcoming manufacturing plant at Ranjangaon in Maharashtra. The recruitment would be done in the next 18 months, said Mr De Filippis Giovanni, Managing Director, Fiat India. The company, ... More

India turns into hiring hub for Asia Pacific
In the last eight months, Dr Nandkishore Rathi, Director, Campus Relations, APAC, Oracle, has been working on campus initiatives of Oracle Corporation across Asia Pacific involving seven countries other than India.Dr Rathi, a former IIT ... More

Arvind Virmani is new CEA in Finance Ministry
New Delhi, July 13 The Finance Ministry has a new Chief Economic Advisor in Dr Arvind Virmani, with the Appointments Committee of the Cabinet approving his name for the post.Dr Virmani, who is currently Principal Adviser in Planning ... More

Q1 vehicles exports grow at slower rate
It’s not just the domestic segment where the auto industry is witnessing a slowdown, even the export market is growing at a lower pace with sales growth figures for the first quarter of 2007-08 turning out to be lower compared to the ... More

Oilseeds, cotton acreage increases on good rains
Sowing in rice, coarse cereals & pulses lagging behind More

Costlier food items push up inflation rate
Higher base prices last year will see index dropping: CMIE More

‘Low cut-off yield signals softening of interest rates’
Bankers speculate mid-term intervention by RBI More

BSNL switches focus to CDMA mobile
Launches prepaid cards; move aimed at arresting slump in growth More

BSE Metal Index posts 4.58% gain
Rio Tinto deal spurred revaluation of metal stocks More

Earning doubts weigh down TCS
Even as the IT majors such as Infosys, Satyam Computer and Wipro finished on a firm note, TCS was on the other side. The stock fell 2.10 per cent – the biggest loser in BSE IT index – on higher volumes of 3.81 lakh shares ... More

Why GPS gadgets are yet to find their way
PATH FINDER More

Weak monsoon trims surplus rainfall
A general slackening of the monsoon current in the second week of July has drained out two per cent from the 20 per cent surplus rainfall recorded during the ongoing season. An update by the India Meteorological Department (IMD) said ... More

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