Business Daily from THE HINDU group of publications
Friday, September 07, 2007
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Commodities (Sep 06)
Gold (per gram) Rs843
Silver (per gram) Rs18.10
Brent crude (per bbl) Rs3,028
Markets (Sept. 6)
BSE Sensex15616.31 (+170.16)
S&P CNX Nifty4518.60 (+42.75)
US Dollar (Buy/Sell)40.85 (-0.11)

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TRAI for allowing telecom cos, cable operators to offer Net TV
Service can be provided under unified access licence More

Renault, Nissan setting up biz centre in Chennai
Chennai, Sept. 6 Renault and Nissan plan to set up a business centre in Chennai, which will open in early 2008.“When completed, the new business centre will provide services including product and manufacturing engineering, ... More

GSPC tastes success in KG-8 well appraisal drilling
Reserve size may increase from DGH-estimated 1.38 trillion cubic feet More

Cricket row under MRTPC scanner
New Delhi, Sept 6 The tussle between the Board of Control for Cricket in India (BCCI) and the newly formed Indian Cricket League (ICL) has received attention from a rather unexpected quarter. The Monopolies and Restrictive Trade Practices ... More

‘Moderation in wages expected from next year’
Improving manpower supply will reverse trend: Nasscom More

Indian generic makers lead race for Coreg market
Dr Reddy’s, Ranbaxy among 7 Indian cos to get US FDA nod More

SBI plans separate entity for rural biz
High-level discussions under way to fine-tune proposal More

Market awash with funds
Redemptions seen at Rs 50,000 cr More

RIL not in favour of fresh bids for discovering gas price
‘Any fresh bids would lead to avoidable complications and delays, which would affect project implementation…’ More

High prices dissuade rubber growers from replanting
‘Slaughter tapping’ may hit output in the next few years More

Andhra Bank to hire in a big way
Hyderabad, Sept. 6 Andhra Bank will be hiring about 2,000 personnel in different categories over the next three years to strike a balance between retirements and new business needs.“We have just completed an assessment on our ... More

Intel unveils Xeon quad-core processors
Can handle multiple tasks; akin to 4 brains on a single chip More

Spectrum pricing recommendations legally untenable, says COAI
New Delhi, Sept. 6 The Cellular Operators Association of India on Thursday told the Government that the recommendations of the Telecom Regulatory Authority of India related to spectrum and capping of mobile operators were flawed, based on ... More

Cement stocks getting stronger
Import cost from Pakistan turns unattractive More

Asset sizes of equity linked savings schemes swell
Equity linked savings schemes (ELSS), or tax-savers in other words, are coming into their own, considering the size of the assets these have started managing. The assets under management of several tax-planning funds is currently well over Rs ... More

M-Commerce foray may boost RCom realisations
Sub-prime woes actually good for Indian stocks? More

Today’s Pick: Sun Pharma
Our technical stock pick today is Sun Pharmaceutical Industries. We recommend a buy in this stock at the current price level. It is evident from the daily chart that the stock has been declining after recording a life-time high at Rs 1,196 in ... More

Refinery counters see open interest
Chennai, Sept. 6 Despite the introduction of 13 new stocks into the F&O segment, turnover took a marginal dip on the National Stock Exchange. Turnover on Thursday was Rs 40,927 crore against Wednesday’s figure of Rs 42,642.91 ... More

Trading Guide
The stock is consolidating after the sharp rally witnessed since August 29. The near term outlook is bullish. IDBI: Buy The stock continues to display strength, recording yet another life-time high on Thursday. The outlook for the ... More

Salzer Electronics
Target Price: Rs 150 More

Union Bank of India
Target price: Rs 180 More

  • Premier Explosives in strategic radar

    Business meets at strip clubs! Business meets at strip clubs!
    Sexual harassment: A global consultant spells out the ‘damages’ in store for companies that prefer to ‘look the other way’. More

    Westerly trough delays monsoon withdrawal
    Weak monsoon will unleash rains along southeast coasts More


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