Business Daily from THE HINDU group of publications
Thursday, October 11, 2007
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Commodities (Oct 09)
Gold (per gram) Rs871
Silver (per gram) Rs18.80
Brent crude (per bbl) Rs3,022
Markets (Oct. 10)
BSE Sensex18658.25 (+378.01)
S&P CNX Nifty5441.45 (+114.20)
US Dollar39.34 (-0.17)

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Festival offer: SBI drops rates on home, other retail loans
Offers 50% concession in processing charges on all personal loans More

Sensex retains steam on strong FII buying
Mumbai, Oct.10 The bull rally on the bourse continues unabated. After the highest single-day gain on Tuesday, the benchmark indices at both the BSE and the NSE rose by another two percentage points on Wednesday. At BSE, the Sensex closed at ... More

Mahindra joins the retail bandwagon
To operate through fully owned subsidiary Mahindra Intertrade More

IOC in talks with RIL for joint exploration
Looking at opportunities in East Timor block More

Registration must for investment advisers: SEBI draft
Any advice by direct/indirect means thru publications More

Auto sales skid in Sept; cars segment bucks trend
New Delhi, Oct. 10 Automobile sales during September continued to record a dip as two-wheelers, medium and heavy commercial vehicles, and three-wheelers recorded negative growth. Passenger cars was the only category with a robust sales ... More

Exporters seek exemption for premium grades rice from ban
New Delhi, Oct. 10 The Union Government’s decision on Tuesday to ban export of all non-basmati rice with immediate effect has sent shockwaves among the rice traders. While there is grudging acknowledgement about the need for the ... More

Uncertainty over rice contracted for exports
Ban ill-advised, say exporters; 3 lakh tonnes lying in ports More

DoT may seek Ministry help for verifying new applicants
To prevent violation of cross holding norms by companies More

Google now on mobile!
Bangalore, Oct. 10 Google is now on your mobile. Shortcodes and search have mingled to allow the 200 million mobile subscribers in India access to Google’s search engine database of Web sites on the Internet. The firm has ... More

‘DTH is a low-revenue, high- volumes, long-payback business’
Vikram Kaushik on the challenges of developing a new category More

Top PSBs in South may not cut rates
Chennai, Oct. 10 Banks down south aren’t going to follow big brother SBI in cutting home loan or car loan rates just now. Top bank officials said that their rates were already lower. Mr. M.B.N.Rao, Chairman and Managing Director, ... More

Ethanol from sorghum: A dream come true
For Dr Palani Swamy’s project, there were no takers initially More

Govt’s new ethanol policy lifts sugar stocks
Analysts feel the rally will be only for short-term More

IMPACT
Exaggerated reaction to sugar sops?
Policy changes may benefit only a few players More

Farm equipment cos shine
The market seemed to have picked up some positive cues from SBI’s move to soften its interest rates on loans to the farm machines including tractors as also for the four- and two-wheelers. Stocks of automobile companies, many of which makes ... More

Today's Pick: Ambuja Cements (Rs 151.4)
We recommend a buy in Ambuja Cements at current price. It is evident from the weekly chart of Ambuja Cements that the stock has been in a strong long-term uptrend since March 2003. Following a 33 per cent fall in February and March, the stock has ... More

Day Trading Guide
The stock is close to a near term resistance at Rs 1,076. Sell the stock if it reverses from this level. Infosys The outlook for the stock stays positive as long as it remains above Rs 2,030. Do not initiate ... More

Adlabs Films star performer
Nifty future premium widens further More

Buyout: No short-term benefits for Lupin
But will add significant value to its R&D More

The fizz in water
Packaged water is poised to see much action with market players gearing up to launch brands and variants. More

Stage set for N-E monsoon
Thiruvananthapuram, Oct. 10 The anti-cyclonic circulation has become more marked over northwest India and broadened its reach to drive out the southwest monsoon from entire east Uttar Pradesh, some parts of Bihar, Jharkhand, north ... More


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