Business Daily from THE HINDU group of publications
Friday, August 10, 2007
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Commodities (August 9)
Gold (per gram) Rs824
Silver (per gram) Rs19.05
Brent crude (per bbl) Rs2,884
Markets (August 9)
BSE Sensex15100.15 (-207.83)
S&P CNX Nifty4403.20 (-58.90)
US Dollar (Buy/Sell)40.55 (-0.05)

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BNP trouble hurts stocks; Sensex drops 442 intra-day
Sub-prime shadow: On a day of high volatility, early gains wiped out More

Govt unveils regional airlines concept to boost connectivity
Flying could soon become the preferred mode of travel for people in small towns and cities throughout the country. To give a boost to regional connectivity, the Government on Thursday unveiled the concept of regional airlines which seeks to ... More

Bond yields harden on market stabilisation scheme revision
More

Nurturing socially disadvantaged engineers
Chennai, Aug. 9 In an innovative experience Infosys Technologies has financed the training of 100 qualified engineers from socially disadvantaged classes such as Scheduled Caste and Scheduled Tribes, and facilitated their employment in top ... More

Empowering engineers through training
More

Huawei puts India plans on hold
More

Revive mobile number portability, says TRAI
Warning issued to operators on poor quality of service More

Global butter oil prices double to $6,000/t
Rising price trend opens up export possibilities for Indian dairies More

ECB curbs may see more borrowings at home
Bankers divided on uptick in loan rates More

Forex earnings from tourism up in H1
11.9% growth in arrivals between Jan-June More

No compensation to operators for spectrum delays: DoT
New Delhi, Aug. 9 The Department of Telecom has decided that it was not liable to pay any compensation to operators for delay in allocating spectrum. This comes after Idea Cellular had asked DoT to pay Rs 83 crore as compensation for delay in ... More

HC stays IPAB proceedings on Novartis plea
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ECB curbs: Negligible impact on infrastructure sector
Industry officials and infrastructure sector experts don’t think the curbs imposed by the Finance Ministry on external commercial borrowings (ECBs) may make much of a difference to the sector. Nor do they think the expected rise in ... More

Scramble for exit from Geojit?
The news of BNP Paribas suspending redemptions in some of its funds cast a shadow on its local partner Geojit Financial Services. According to brokers, the stock, which was trading at Rs 45 at 1.15 pm, suddenly wilted under selling pressure with ... More

Tryst with market force
The booming consumerism in today’s India bears little resemblance to the early years of Independence when there were few shops and fewer things to buy. More

Cool seawaters off Gujarat douse cyclone spin
Thiruvananthapuram, Aug 9 Cooling of the coastal seawaters from a prolonged rain has prevented the monsoon ‘low’ over Kutch from spinning to cyclonic strength just yet. But the system could rustle up some strength after it ... More


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