Business Daily from THE HINDU group of publications
Tuesday, September 11, 2007
ePaper
Commodities (Sept 10)
Gold (per gram) Rs862
Silver (per gram) Rs18.40
Brent crude (per bbl) Rs3,124
Markets (Sept. 10)
BSE Sensex15596.83 (+6.41)
S&P CNX Nifty4507.85 (-1.65)
US Dollar (Buy/Sell)40.66 (-0.04)

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Reliance to buy Malaysian polyester company Hualon
Price of deal not disclosed; buy will add 25% to Reliance’s capacity More

Akurdi plant not shut down, says Bajaj Auto
Pune, Sept. 10 Bajaj Auto Ltd on Monday denied that the Akurdi plant near Pune has been shut down, even as workers claim that production of two-wheelers has been totally discontinued from September 1 and that the assembly lines are ... More

Life insurance venture: HSBC to pay premium
Rs 125 cr for brand identity and distribution network of Canara Bank and OBC More

Packing dental treatment with tourism
VACATION CLINICS More

Govt setting up panel to deal with cyber crime
To include law enforcement officials, IT professionals More

Dabur’s H&B Stores to offer beauty related services
Plans 4-6 stores in Delhi, NCR region this year More

Guidelines soon on semiconductor policy
4-5 companies keen on setting up chip-making units More

Reliance Comm unveils BlackBerry services
Allows interoperability between CDMA and GSM networks More

Flyover collapse brings Gammon India stock down
Facing criminal charges; breakdown report in 5 days More

Indian Overseas Bank
Target: Rs 150 More

Oil PSU stocks flare up
Better refining margin, talk of rise in retail prices cited as reasons More

Day Trading Guide
The stock is currently moving sideways between Rs 900 and Rs 925. Buy close to the lower boundary at Rs 900.IDBI

IDBI is consolidating around its all-time high. The outlook stays positive. Buy when the ... More

Patels Airtemp’s order book swells
Patels Airtemp India, an engineering products counter, has turned active of late on hopes of substantial order book growth. According to market circles, the company is about to get a Rs 25-crore order for air-cooled heat exchangers from ... More

RIL may tap Hualon’s network
Addl market for its fibre intermediates More

Margin relief for FMCGs
Chennai, Sept.10 Signs of moderation in milk prices from their highs, if sustained, could alleviate margin pressures for FMCG companies focused on dairy and milk products. Nestle India, which derives over 40 per cent of its sales from ... More

Backwardation narrows down for Nifty futures
Cairn Energy, United Phosphorus add open interest positions More

Today's pick: VSNL (Rs 402.3)
We recommend a buy in VSNL. The stock has been trading within a broad range of Rs 300-500 since August 2005. It reversed from the upper boundary of this trading range in July and has registered a sharp fall from there. This fall was arrested ... More

Rain deficit in northwest, northeast; surplus elsewhere
Thiruvananthapuram, Sept. 10 With the end of the four-month southwest monsoon just 20 days away, the contours of overall spatial and temporal distribution of seasonal rainfall are emerging with northwest India (-11 per cent) and northeast ... More


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