Business Daily from THE HINDU group of publications
Wednesday, July 18, 2007
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Commodities (July 17)
Gold (per gram) Rs814
Silver (per gram) Rs18.70
Brent crude (per bbl) Rs3,125
Markets (July 17)
BSE Sensex15289.82 (-21.40)
S&P CNX Nifty4496.75 (-15.40)
US Dollar (Buy/Sell)40.39 (-0.01)

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Reliance confirms Cauvery find
‘Oil and gas discovery opens a significant vista for the basin’ More

Bharti ready for 3G, says Sunil Mittal
Chennai, July 17 Describing 3G as “data on steroids,” the Chairman and Managing Director of the Bharti group, Mr Sunil Bharti Mittal, today said that the cutting edge telecom technology ought not to be viewed by the Government as a ... More

Tata Tea consolidated Q1 net plummets
Mumbai, July 17 Tata Tea Ltd has reported 43 per cent dip in consolidated net profit for the quarter ended June, to Rs 45.68 crore from Rs 80.07 crore in the corresponding previous period.Higher advertising and marketing expenditure on ... More

Rice in beer makes a heady brew for Budweiser
Betting on local variety from Andhra Pradesh More

Guidelines on stock options computation soon
Fair market value for Fringe Benefit Tax levy More

Wheat prices drop as growers bring out stocks
Trend may be short-lived; arrivals increase in mandis More

Tale of 2 software companies
Both are software companies. Both have been growing extraordinarily rapidly for several years. Their future looks equally bright. Both operate out of India, but their customers and markets are in the US. They epitomise the new India – ... More

Focus on raising low-cost funds, Ministry tells PSBs
High interest rates on short-term deposits remain a major concern More

How retail banking has gone into overdrive
More

Reliance Telecom Infra plans listing this year
Flag Telecom stake sale through private placement also on agenda More

Satyam bags outsourcing contracts worth $75 m
Satyam Computer Services Ltd has bagged four outsourcing contracts aggregating to $70-75 million in Singapore, the United Arab Emirates and Australia.“While the size of the deal is not too significant for a company like Satyam, we ... More

ULIPs post compounded annualised returns of 40-45%
Investments across sectors aid in diversification of assets More

Century Text shines on land buzz
The Century Textiles and Industries stock has been buzzing on the bourses on market talk that a deal to be announced on the sale of its land in a prime area in Mumbai. The deal is likely to be announced this week, said market sources, leading to ... More

Beware of proxy servers!
NET BANKING More

‘Weak phase’ may bring rain to TN
Thiruvananthapuram, July 17 A classical ‘weak monsoon’ phase has set in with rainfall being confined to the extreme east and northeast and along the west coast of the country. The northwest, central and the interior ... More


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‘Air Deccan has found best partner in UB’

Petro products sales rise 10.9% in June

Indian ADRs post mixed returns

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Textile firms leverage Italian tie-ups to move up value chain

‘Small savings decline 21% during 2006-07’

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