Business Daily from THE HINDU group of publications
Sunday, August 12, 2007
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Commodities (Aug 10)
Gold (per gram) Rs817
Silver (per gram) Rs18.60
Brent crude (per bbl) Rs2,839
Markets (August 10)
BSE Sensex14868.25 (-231.90)
S&P CNX Nifty4333.35 (-69.85)
US Dollar (Buy/Sell)40.67 (+0.12)

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Promoters’ stake in top 5 IT companies drops; FII pie rises
Stock options, ADS reduce owners’ holdings More

Bird Air keen to make regional foray
More

Help came… but he is as miserable now, if not more
Bidar (Karnataka), Aug 11 About a year ago when the media reported prominently the plight of poor farmer Bheemrao Manigempure, the State Government was stirred into action. It provided him with two bullocks at subsidised prices. At a ... More

Rupee impact: BPOs operating in India feel the heat
Chennai/Mumbai, Aug. 11 Some business process outsourcing (BPO), or ITES companies operating in India have felt the pinch in their profit margins due to the appreciation of the rupee.The table alongside tells us that profits (before ... More

‘Global growth in coal use outpaces other fuels’
Carbon emissions accelerated in last 5 years: BP review More

Left keeps ‘options open’ on support to Govt
Peeved at the official position on the Indo-US civilian nuclear treaty, the Left parties today kept their options open on continuing support to the Manmohan Singh Government.A statement issued by CPI(M) General Secretary, Mr Prakash ... More

Ease roll-out norms for mobile operators, says regulator
‘Cancelling licence as penalty is too harsh’ More

Frontline IT companies — Weathering a turbulent quarter
Software stocks faced a relentless sell-off on the bourses after they unveiled their first quarter earnings, with a few companies failing to meet estimates. It was a turbulent quarter for IT majors as they struggled to maintain margins amidst a 7 ... More

Some clues on global cues
If you flip to a business channel after 4 p.m. on a market day, chances are that a mysterious pair of words — Global Cues — will be flashing on the screen. “The fall in domestic stocks was on global cues arising from the ... More

Index Outlook
Markets were fixated on the sub-prime contagion last week, rising euphorically on the slightest indication that it had abated and tanking miserably when the issue reasserted itself. The mild 2 per cent loss in the Sensex does not reflect the ... More


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