Business Daily from THE HINDU group of publications
Thursday, September 13, 2007
ePaper
Commodities (September 12)
Gold (per gram) Rs870
Silver (per gram) Rs18.55
Brent crude (per bbl) Rs3,067
Markets (Sept. 12)
BSE Sensex15505.36 (-37.41)
S&P CNX Nifty4496.85 (-0.20)
US Dollar (Buy/Sell)40.48 (-0.14)

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Manufacturing, consumer durables drag down growth
Industrial production slips to 7.1% in July; appreciating rupee adds to woes More

SBI looking at options to raise Rs 10,000 cr by December
‘No timeframe set for group mergers; India Inc should learn credit discipline’ More

Govt clears Reliance gas formula with some changes
Price fixed at $4.2 per mBtu, exchange component goes More

NTPC plugs on to LED lamps manufacture
FUTURE OF LIGHTING More

Pump more into PSBs or trim stake, Govt told
Rangarajan wants clear stance on policy to help PSBs grow More

Pawar: No plans for further wheat imports
More

Excise duty collections up 9% in Aug at Rs 9,898 cr
Customs duty revenues continue to be buoyant More

Wipro launches supercomputers
Storage products can hold hundreds of Petabytes of data More

When currencies turn commodities
Chennai, Sept. 12 You can decide to deal, off the record, with the fellow next in queue. Or you can fork out eight, ten, twelve, fourteen per cent more to buy dollars from your 5 Star hotel, bank, travel agency or upmarket Authorised Dealer. ... More

TCS plans new tech platforms
To expand BPO offerings More

Rice exporters await decision on basmati definition
New Delhi, Sept. 12 The Rs 3,000-crore basmati rice export industry of India is keenly awaiting the decision on the definition of the basmati rice — whether seeds from evolved basmati using one of the two parents from among the ... More

Dairies lose on powder, ghee as prices drop
Liquid milk business turns cash cow for domestic players More

IMPACT
Will FII activity in F&O increase?
Foreign G-secs as collateral allowed More

Guar gum producers gain
Stocks of guar gum producer Vikas WSP (that recently re-entered the market) and India Glycols have been moving up quite steadily, with improved trading volumes. Both India Glycols and Vikas WSP on Wednesday hit the 52-week high of Rs 210 ... More

IMPACT
Growing global footprint
Bharti Airtel awarded licence in Singapore More

Leather stocks may catch fancy of investors
Cos such as Bata, Liberty and Crew line up expansion plans More

Gold gains, reinstating its safe haven status
Mumbai, Sept.12 Gold was quoted at Rs 9,340 (.99.9 fineness) per 10 gms while silver was quoted at Rs 17,635 per kg in the local spot bullion market on Wednesday. On the futures exchanges near month gold made a high of Rs 9,369 per 10 ... More


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