Business Daily from THE HINDU group of publications
Wednesday, September 12, 2007
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Commodities (Sept 10)
Gold (per gram) Rs862
Silver (per gram) Rs18.40
Brent crude (per bbl) Rs3,124
Markets (Sept. 11)
BSE Sensex15542.77 (-54.06)
S&P CNX Nifty4497.05 (-10.80)
US Dollar (Buy/Sell)40.62 (-0.04)

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Bank loan growth hits lean patch
Corporate borrowing patterns continue to be source of worry More

SC says REL team can bid for Mumbai sea link project
New Delhi, Sept. 11 The Supreme Court on Tuesday allowed the consortium of Reliance Energy Ltd (REL) of Anil Ambani group and Hyundai Engineering Construction Co (HDEC) to submit its bid for the Rs 2,600-crore sea link project between Mumbai ... More

SEBI proceeds against 20 cos for not complying with Clause 49 norms
Mumbai, Sept. 11 The SEBI has initiated adjudication proceedings against 20 companies for non-compliance with corporate governance norms under their listing agreement with the stock exchanges.Adjudication proceedings are in the nature ... More

NHPC, REC issues by March, says Shinde
New Delhi, Sept. 11 The proposed initial public offerings of State-owned National Hydro Power Corporation and Rural Electrification Corporation are expected to hit the market before March next, with clearances to the appointment of independent ... More

90 stocks hit new peaks on BSE
Chennai, Sept. 11 Ninety stocks have registered their new highs on BSE on Tuesday, thanks to the bull rally. In the rising market, stocks from mid- and small-cap segments generally tend to get hyper-active. But this time around, quite a few of ... More

FIIs could be holding on to July short positions
Recent correction recorded second largest exodus of funds More

Select players active on fixed maturity domain
Major fund houses’ absence conspicuous More

Monsoon blues continue in auto industry
Sales in most segments record negative growth More

‘FCCB issuances this year slowing down’
Global market volatility, RBI curbs hurting: Bankers More

Oil firms decide to stop discounts to Railways
No discount offer in latest price bids for procuring HSD More

‘Financial sector is in need of an agenda’
We are looking to the Raghuram Rajan Committee for a broad-based view of the financial sector by scanning the whole structure to lay out an agenda. I am looking forward to this Committee reconciling the need to give direction to the sector as a whole . The panel will also address the question of inclusiveness. More

BT expands network; targets Indian MNCs
To hire 6,000 people by next year More

Satyam to expand presence in Asia-Pacific
Hyderabad, Sept. 11 IT services provider Satyam Computer Services Ltd today said that its business and revenues from Asia-Pacific are poised to grow with the company stepping up presence in Malaysia, China, Singapore and the region in ... More

Strong fundamentals propel real estate sector
Rising interest rate, oversupply only temporary dampeners More

Rubber tappers are a hot commodity now
Lure of other sectors takes away labourers from plantation More

IMPACT
Opportunity knocks for Sun Pharma?
Gets access to $2 billion market More

Day Trading Guide
More

Brand premium for PSU banks
The brand value and distribution reach of Indian public sector banks are well known. These strengths have been well preserved over a period of time and have largely enabled them to retain their customer base through economic and business ... More

IFCI continues upward march
FIIs keen on buying the stock More

Today's Pick: HCL Infosys (Rs 218)
We recommend a buy in HCL Infosystems at the current price of Rs 217.6. After forming a triple bottom pattern spanning a year between May 2006 and June 2007, the stock broke through the neckline at Rs 175 in June. It then moved sideways ... More

Cairn India: More in pipeline
Signs of production on schedule More

Indian ingenuity fuels HP’s Print 2.0 thrust
Desi edition of Snapfish planned for year-end More


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