Business Daily from THE HINDU group of publications
Wednesday, September 26, 2007
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Commodities (Sep 24)
Gold (per gram) Rs880
Silver (per gram) Rs19.50
Brent crude (per bbl) Rs3,166
Markets (Sept 25)
BSE Sensex16889.54 (+53.71)
S&P CNX Nifty4938.85 (+6.65)
US Dollar39.82 (-0.05)

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RBI allows cos, mutual funds to invest more overseas
Easing the pressure of inflows; ECB prepayment limit hiked More

Global Net telephony service providers face tax query
New Delhi, Sept. 25 After Vodafone Essar, the tax authorities have now put global Internet-based long distance telephone service providers under the scanner to determine whether these companies are required to pay service tax in ... More

Sugar mills to be given interest-free loans against excise payments
Money to be used for making cane payments More

Bonanza awaits Team Dhoni
Free AI passage; promotion for 6 players; free house from Sahara More

Indian sugar meets global standards, Pak court told
Quality control report doesn’t substantiate allegations: ISMA More

PSBs go hep and trendy to woo young customers
Wake up to risk of losing a whole generation of well-paid youth More

Textile exports may be hit on dull US market
Coimbatore, Sept. 25 With the overall market for textiles in the US having slowed down, it may leave its impact on India’s home textile exports this year.Price pressure The impact would be widely felt ... More

‘Revenue deficit to be wiped out by 2008-09’
More work to be done on the reforms side: Chidambaram More

PC sales log more than 1.7 million in Q1: MAIT
Falling prices of notebooks fuel demand from households More

US economy could spring upward surprise
Mr Ben Bernanke, the US Fed Chairman, is believed to be more model-driven in his decision-making than his predecessor, Mr Alan Greenspan. Going by last week’s (unanimous) vote to cut the benchmark interest rates 50 basis points, the ... More

Palm Treo launched on Airtel network
New Delhi, Sept. 25 Mobile computing firm Palm Inc. has announced the availability of the Palm Treo 750 smartphone in India in partnership with Bharti Airtel. It is the first Windows-based Treo smartphone to be launched in India. The ... More

Day Trading Guide
The stock is halting below the resistance at Rs 1,010. A buy is recommended only when the stock penetrates this level.Infosys Infosys is hovering above the key support at Rs 1,750. Buy close to this support ... More

Overseas investors fuel Sensex surge
Pump in over Rs 13,000 cr in 4 days More

US ruling lands Indian drug makers in a soup
Pfizer will be eligible for full damages if it wins More

Today's Pick: Alembic (Rs 85)
We recommend a buy in Alembic Ltd at current price level. It is evident from the weekly chart of Alembic that it has been moving sideways in a broad range between Rs 50 and Rs 85 since early 2006. But the trend in the stock has been up since ... More

Strategic move for Gremach
Acquires 75% controlling stake in 11 coalmines More

JP Hydro shoots up 27%
Owing to ‘undervalued stocks’ picking by FIIs, HNIs More

BPCL witnesses wild swings intra-day
Co denies major discovery in Assam block More

Gangotri Iron & Steel: Solid gains
Gangotri Iron & Steel, which is expanding capacity through new TMT bar and wire rod plants located near Patna, has been moving up strongly in the recent weeks on positive developments related to its fundamentals.According to market ... More


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