Business Daily from THE HINDU group of publications
Saturday, July 21, 2007
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Forex kitty swells $4.12 b, touches $219 b
‘RBI has been buying dollars to maintain the rupee at 40.35 levels’ More

Satyam Q1 net rises 7% at Rs 378.32 cr
Surging rupee clips profitability; profit dips 3.8% sequentially More

Satyam’s billing rates ‘may go up by 2-3%’
29 new customers added during first quarter More

Nipuna records $2-m loss
Nipuna, the business process services subsidiary of Satyam Computer, posted revenues of $11.93 million and a net loss of $2.02 million during the quarter ended June 30.The company management provided a guidance of $61 million for fiscal ... More

AT&T scaling up India operations with retail
Mulls re-entering mobile segment More

Auto parts makers face China threat; price gap at 35%
New Delhi, July 20 The Indian auto components industry may be set to make its mark in the world market, but on home ground, it is facing a threat from neighbouring China. According to the latest figures released by the ... More

BSNL tender runs into trouble again
Indefinite strike back on Union’s agenda; Ericsson may negotiate pricing More

Cheaper manufactured items keep inflation rate unchanged
Prices of primary articles spurt 9.51%; fuels drop More

Kharif acreage under most crops up
Good rains ensure better coverage; sugarcane sowing down More

ONGC expects lower subsidy burden
Exchange rate losses will be taken into account More

The real-estate bubble: How soon before it bursts?
Mr Thomas Joseph, a Kochi-based advocate-turned-bookshop-proprietor made Rs 7.5 lakh in three months, by doing virtually nothing. He merely paid a token advance for a 10-cent parcel of land (one-tenth of an acre) at a Kochi suburb at Rs 1.5 lakh ... More

Shipping Ministry seeking 10-yr shipbuilding subsidy extension
Finance Ministry fears losing over Rs 35,000 cr if demand is met More

3 entities proposed for pension fund managers
PFRDA panel submits evaluation report; contract talks to be finalised soon More

DAP fertiliser shortage looms over South
Two major units stay shut More

Discernible drop in indicative yields of FMPs
Spotlight on short-term debt funds More

Avery: Resistance to delist plans?
Small investors appear defiant against the overseas acquirer’s move to delist Avery India. The open offer for 21.56 per cent stake in the weighing weight products and systems company began on July 11 and is scheduled to close on July 30. ... More

No dearth of takers at Rs 55,000/sq ft
Orbit’s project has one parking slot for each bedroom More

Rainfall surplus gets further trimmed
Thiruvananthapuram, July 20 Rainfall surplus for the country as a whole stands further depleted to 11 per cent as on July 18 with the weak monsoon phase restricting precipitation to the east/northeast and southwest of the country. An ... More


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