Business Daily from THE HINDU group of publications
Wednesday, August 15, 2007
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Commodities (Aug 14)
Gold (per gram) Rs822
Silver (per gram) Rs18.75
Brent crude (per bbl) Rs2,850
Markets (August 14)
BSE Sensex15000.91 (-16.30)
S&P CNX Nifty4370.20 (-3.45)
US Dollar (Buy/Sell)40.76 (+0.11)

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NTPC kicks off work on India’s largest hydel project
Rs 14,069-cr project would entail construction of sixteen 250 MW units More

We may look at alternative locations for titanium project: Tata Steel
Tata Steel may look at alternative locations if land acquisition related issues, concerning its proposed titanium di-oxide plant at Tirunelveli district in Tamil Nadu, are not solved by the State Government. Addressing a press ... More

Excise duty collections up 2.1% in July
Customs revenues continue to be buoyant More

Reliance to relocate Kurkumbh unit
New place will have better linkage to raw material More

Major part of the milk you drink is ‘reconstituted’
Proportion of it increases to 50% during summer More

India-Japan swap deal on cards
Mumbai, Aug. 14 India and Japan will help each other if their currencies were to come under the attack of speculators.Both countries will soon sign an agreement to swap foreign currencies like US dollar or euro to maintain the value of rupee ... More

Rupee: Rising tide
The average ‘dollar’ fell from Rs 44.17 on March 16 to Rs 40.36 on August 3, 2007 as the rupee rose. This shaved Rs 76,000 crores off March 16 forex reserves at Rs 833,000 crore. Actual losses will depend on exchange rates ... More

Hindustan Copper plans to go public
Hindustan Copper Ltd may approach the Centre with an IPO proposal by the end of this financial year or early next fiscal.According to a senior company official, the proposal will be finalised depending on its fund requirements in ... More

Ceiling on number of mobile operators unlikely
TRAI may recommend mixed use of tech, easing M&A norms More

Retailers see potential in large-sized customers
Companies plan more stores for this segment More

Reliance Entertainment zooms in on NRIs
Will offer video on demand, video on rent with Big Flicks More

Smaller funds seeking Indian foray set house in order
Shinsei, Mirae, Robeco hiring key personnel More

SEBI panel seeks easier norms for transmission of securities
Fixing of threshold limit, standard format documents mooted More

Tie-up talk peps up LKP Merchant
After some Indian broking and merchant banking firms obtaining fascinating valuation for buy-out or part stake sale recently, market grapevine hints at such possibilities in the case of LKP Merchant Financing. The merchant banking outfit has been ... More

East under wet cover as next ‘low’ beckons
Heavy rainfall likely in Jharkhand, Orissa More

I-Day: Hard-to-miss offers galore
CONSUMERS’ DELIGHT More


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