Business Daily from THE HINDU group of publications
Thursday, July 19, 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 18)
BSE Sensex15301.17 (+11.35)
S&P CNX Nifty4499.55 (+2.80)
US Dollar (Buy/Sell)40.42 (+0.03)

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Hindalco buying Alcan’s 45% stake in Utkal Alumina
Company not to look for another partner More

Ericsson bags $2-b Bharti deal for mobile equipment
Will design, deploy and manage GSM cellular network in 15 circles More

No stay on RIL gas sale order
More

BSNL gets Raja’s nod for 23 m lines
New Delhi, July 18 The Communication and IT Minister, Mr A. Raja, on Wednesday gave his approval to BSNL to place an order for 23 million GSM cellular lines instead of the earlier announced 45.5 million lines.While the size of the ... More

Bharti buys back 4.9 % stake in Airtel from Vodafone
NEW DELHI: Bharti Group on Wednesday said that it has completed the acquisition of 4.99 per cent stake held by Vodafone in Bharti Airtel. The company had earlier announced that it had the option of buying back 5.6 per cent stake from ... More

Parents, not subsidiaries, contribute most to consolidated profit
Mumbai, July 18 For all the corporate talk about inorganic growth, subsidiaries do not contribute significantly to the consolidated financial performance for most blue-chip corporates.Data for the top 25 companies in 2006-07 shows that ... More

Churn at State FDA, new chief appointed
Dhanraj Khamatkar takes charge More

Indo-US talks on nuclear deal in ‘last leg’: PM
Differences over reprocessing rights yet to be sorted out More

‘Deregulating key areas vital for double-digit economic growth’
Impetus to agriculture necessary for 10% growth rate: CII More

Cellular revenues to cross Rs 1 lakh cr by 2011: Survey
‘Low service cost, inexpensive handsets will help to unlock the inertia’ More

Sterilisation of another kind needed
More

Grooming the staff to make customer the king
SBI’S PARIVARTAN More

Markets soar, but funds sit over piles of cash
Profit-bookings to meet redemption demands swell kitty More

IDR norms made more attractive
To enable foreign companies to mobilise funds from Indian capital market the Government has made the guidelines for Indian Depositary Receipts (IDRs) by such companies less stringent. IDRs are similar to ADRs and GDRs and are designed ... More

Himatsingka up on takeover talk
More

DLF betting big on Q1 numbers
More

A big deal for Wipro
With Unza in its fold, Wipro Consumer Care has found a place in the big league of FMCG companies. More


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