Business Daily from THE HINDU group of publications
Saturday, September 29, 2007
ePaper
Commodities (Sept 28)
Gold (per gram) Rs877
Silver (per gram) Rs19.50
Brent crude (per bbl) Rs3,184
Markets (Sept 28)
BSE Sensex17291.10 (+140.54)
S&P CNX Nifty5021.35 (+20.80)
US Dollar39.83 (+0.07)

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NRI remittances rise 50% in Q1, non-oil imports up 47%
Current account deficit increases marginally to touch $4.697 billion More

India pips US to become 2nd largest cotton producer
Increase in yield, Bt varieties, better crop management practices More

Mobile congestion level gets better
TRAI cites improved interconnection among operators as reason More

BPL’s telecom licence application comes under DoT scrutiny
‘Possibility of cross holding violations ’ More

Investors must do their homework: Chidambaram
The Finance Minister, Mr P. Chidambaram, on Friday cautioned investors over the share indices movements, which continued to be on a roll this week on more buying of select shares by foreign investors. “My advice to investors is ... More

‘Dependence on crude oil imports will increase to 95%’
OPEC nations must enhance production: Parikh More

Cheaper food items keep inflation rate on leash
Wholesale price index for all commodities declines to 214.4 points More

Volvo may outsource components worth $99 m
More

Amalgamations group, Federal Mogul part ways
Simpson to buy out US co’s 30% stake in India Pistons More

Mobile players not investing enough: Crisil
Infrastructure, network expansion not in pace with subscriber growth More

FIIs, ECB loans buoy capital flows
NRI deposits turn unattractive; net FDI receipts lower More

Wipro buying OkI Techno Centre
Bangalore, Sept. 28 Wipro Technologies is acquiring the OkI Techno Centre Singapore Pte Ltd (OTCS), a wholly-owned outfit of OKI Electric Industry Co Ltd, and its intellectual property rights in an all cash deal over a period of one year. ... More

‘No severe sub-prime effect thanks to regulations’
IMF report on financial market discipline More

Ganesha, Gita, samosa for Sunita Williams in space
The colours of India from up in the outer space appear simply spectacular. The Himalayas appear dark green as one passes over, recounted the Indian origin astronaut, Ms Sunita Williams, giving a touch of India to her 195 day space ... More

Sectoral funds: Ranking keeps changing
Auto, FMCG occupy top slot in three-month period More

Reliance Energy jumps on subsidiary IPO talk
Mumbai, Sept. 28 Talk in the market that Reliance Power is considering a public offer of shares sent the share price of Reliance Energy soaring. The company’s stock was the top Sensex gainer on Friday. It rose by Rs 88.25 over the day, ... More

Deficit rainfall in North, northwest
The southwest monsoon will end this year’s season with a surplus of five per cent (three per cent till last week) on the back of a scorching late-in-the-season run powered by ‘low’ twins to the east and west of the country. ... More


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