Business Daily from THE HINDU group of publications
Saturday, August 04, 2007
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Commodities (August 1)
Gold (per gram) Rs812
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BSE Sensex15138.40 (+152.70)
S&P CNX Nifty4401.55 (+45.20)
US Dollar (Buy/Sell)40.36 (-0.10)

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Reliance Ind weighs $6-b semi-conductor foray
Manufacture of silicon chips, liquid crystal display units More

No bidders for TN Govt’s cement tender
Time extended till Aug 13 More

‘Pak cement by year-end’
New Delhi, August 3 The first tranche of cement from Pakistan would arrive in India by year-end, said Mr Syed Asif Shah, Commerce Secretary of Pakistan. While speaking at a conference organised by industry chamber FICCI on Friday, he ... More

RIL pegs 3 tcf gas from North-East coast block
More

Tata Steel to buy 35% in Australian co Riversdale’s Mozambique Coal Project
Tata Steel is to acquire a 35 per cent stake in Riversdale’s Mozambique Coal Project, located in the Tete province of Mozambique, for A$100 million.For this, Tata Steel and Riversdale Mining Ltd, Australia, a company listed on the ... More

Puravankara cuts IPO price band
Mumbai, Aug. 3 Real estate company Puravankara Projects has extended its initial public offering subscription period from August 3 to August 8 and reduced its price band from Rs 500- 525 to Rs 400-450 a share. The offer opened on July ... More

Indian Hotels shifting to ‘rupee tariff’
New structure will be adopted from September More

Deregulation hits non-life insurers’ premium accretions in Q1
Fall in tariffs due to migration to market pricing regime More

Forex reserves up $3.31 b
Mumbai, Aug. 3 The country’s forex reserves rose $3.307 billion to $225.350 billion in the week ended July 27 on account of intervention by the Reserve Bank of India. “The RBI was seen buying dollars vigorously to cap the ... More

‘AP leads in cement capacity expansion’
Hyderabad, Aug. 3 Andhra Pradesh is leading in the cement capacity expansion among the States and is expected to feed the entire south India over next three-four years, according to experts.“This is fact as there are no lime stone ... More

TCS secures multi-year deal from Geneva firm
Phase I to be completed by early 2008; project spans 120 nations More

PSBs post 47% profit growth in first quarter
Lending biz, interest rate hike jingle their kitties More

IT jobs will double to 3.2 m in four years, says Nilekani
‘Single ID for citizens a major challenge’ More

Microsoft India centre working on Windows 7
R&D unit has secured over 180 patents More

Kharif sowing gathers pace
Acreage of all crops barring paddy rises More

Jury is still out on hedge funds, says SEBI chief
Chennai, Aug. 3 Whether hedge funds are good or harmful? Whether they should be regulated or not? are some of the questions engaging the attention of regulators worldwide and the jury is still out on the issue, said the Chairman of SEBI, Mr M. ... More

Suryajyoti Spinning sees surge in traded quantity
Promoters hiking stake thru their infotech arm More

Hitachi Home hits new peaks
Hitachi Home & Life Solutions India Ltd has been gaining strength on the bourses by registering new peaks on each passing day. The stock on Friday touched its 52-week high at Rs 150.95 though it ended weak by 3.48 per cent at Rs 140.10 ... More

Emerging rain spell may last a fortnight
Thiruvananthapuram, Aug 3 The reviving monsoon promises at least a fortnight of action-packed spell, notwithstanding the odd storm brewing over the northeast Arabian Sea taking a likely westerly path, as Super Cyclone Gonu did in the early ... More


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