Business Daily from THE HINDU group of publications
Sunday, August 05, 2007
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Commodities (Aug 04)
Gold (per gram) Rs822
Silver (per gram) Rs19.00
Brent crude (per bbl) Rs3,021
Markets (August 3)
BSE Sensex15138.40 (+152.70)
S&P CNX Nifty4401.55 (+45.20)
US Dollar (Buy/Sell)40.36 (-0.10)

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Mid, small-cap stocks account for 50% of total trading
Stealing the limelight from A-group stocks More

SBI eyes more fee income from credit card purchases
To cash in on retail boom with terminals in towns More

IPOs, follow-on offers raise Rs 35,324 cr in Jan-July period
Choppy markets may prompt cos to hold back issue plans for now More

Jindal Steel planning aviation foray
Mumbai, Aug 4 Jindal Steel and Power is preparing to enter the country’s aviation sector, arguably the fastest growing aviation market in the world.The Naveen Jindal-led company’s board of directors on Saturday decided to ... More

Nutrient-based fertiliser subsidy regime may trigger product innovations
90-odd products are listed under Fertiliser Control Order, but only 15 are effectively sold More

South turns surplus in skimmed milk powder
Domestic market likely to shrink More

Does the derivatives alarm ring before the market crashes?
It does not seem to, if the pattern of derivatives trading prior to the last three major corrections in the Indian equity market is any indication. Between May-June 2006 and now, there have been three instances of the market falling — ... More

Index Outlook
The capricious ways of the stock markets were amply on display last week. Instead of preparing for the 16K celebrations, market participants were fighting with their backs to the wall, defending 15000. They managed to pull the Sensex back from ... More

Challenging first quarter, managed well
Allaying market fears of a reversal in fortunes, India Inc has put out a robust earnings card for the June quarter. Despite last year’s bigger base, Corporate India scored a 17 per cent increase in revenues, while earnings grew about 36 per ... More

KPR Mills — IPO: Avoid

Investors can avoid the initial public offer from KPR Mills as the offer price appears stiff. At the price band of Rs 225-265, the offer is valued at about 12-14 times its 2006-07 per-share earnings. On an expanded equity base, ... More

Take Solutions — IPO: Invest at cut-off
Though the asking price is stiff, the focus on niche segments and presence in a relatively uncontested market are positives. More

Arvind Lalbhai: He reinvented textile industry
Ahmedabad, Aug. 4 Arvind N. Lalbhai, 89, who died on Friday, was as well known for the denims named after him as he was for his philanthropic activities and his sense of gratitude to the textile workers who had made Rs 1,900-crore Arvind ... More


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