Business Daily from THE HINDU group of publications
Tuesday, September 18, 2007
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BSE Sensex15504.43 (-99.37)
S&P CNX Nifty4494.65 (-23.35)
US Dollar (Buy/Sell)40.59 (+0.09)

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Panel moots Rs 1,000/quintal wheat support price
This represents Rs 150 jump over the procurement price of Rs 850 for 2006-07 More

Tax refund for exporters on 4 services
New Delhi, Sept. 17 The Finance Ministry on Monday made the first ever move to refund service tax paid by exporters on non-input services. The refund will now be available on four identified transport and port services that could be linked to ... More

Indian Hotels picks 10% stake in Orient-Express for Rs 850 cr
Mumbai, Sept. 17 Indian Hotels Company Ltd said on Monday it has acquired a 10 per cent stake in US-based Orient-Express Hotels for $211.28 million (about Rs 850 crore).The Tatas-owned Indian Hotels (IHCL) made the acquisition through ... More

Moser Baer investing Rs 2,000 cr in Chennai plant
Optical disc manufacturer Moser Baer will invest Rs 2,000 crore, in the first phase, in a solar photo voltaic manufacturing plant near here. The plant will generate revenues of around $1 billion (about Rs 4,100 crore) in 3-5 years, according ... More

Chikungunya takes its toll on coir yarn supplies
THIN ATTENDANCE More

BHEL views M&A route as opportunity for growth
Will also enlarge operations in domestic and export markets: Chairman More

TRAI urges Govt to boost broadband growth
New Delhi, Sept. 17 The Telecom Regulatory Authority of India (TRAI) on Monday urged the Government to take urgent policy measures to boost broadband growth in the country including asking BSNL and MTNL to adopt a franchisee model whereby ... More

Panel report on steel pricing policy ‘by month-end’
Govt against exports below domestic prices More

Banks may charge more for guarantees for ECBs
Corporate borrowings down as more firms turn to overseas funding More

Investors fear US slowdown could hit Indian IT firms
IT stocks fall out of favour; indices plummet More

Value buying seen in GAIL
Kolkata, Sept. 17 Smart investors appear to have been steadily accumulating GAIL stock of late as a long-term value unlocking bet, while a section of punters has been shorting it in the futures, according to market circles. The stock closed on ... More

Today’s Pick: Lupin (Rs 592.10)
More

Day Trading Guide
The stock has formed a bearish engulfing candlestick pattern in the last trading session- indicating bearishness. It can fall to Rs 883. We recommend a sell. Infosys

The stock declined in line with our ... More

Value unlocked in Tata Investment Corp
Healthy investment book may support price More

Big win for Aban
Addressing capacity constraint More

Scramble for IFCI stake
It is a moot point whether a healthy institution would generate this kind of interest. We are referring to the kind of interest that troubled institutions or those who have recently been in difficulties seem to generate among prospective ... More


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