Business Daily from THE HINDU group of publications
Monday, October 15, 2007
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Commodities (Oct 12)
Gold (per gram) Rs884
Silver (per gram) Rs19.45
Brent crude (per bbl) Rs3,154
Markets (Oct. 12)
BSE Sensex18419.04 (-395.03)
S&P CNX Nifty5428.25 (-96.60)
US Dollar39.39 (+0.06)

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Global auto majors plan to test cars in India
Nissan, Honda, BMW want to assess durability, performance of vehicles More

Drug cos hiving off R&D units
New Delhi, Oct. 14 The hived-off new drug research business of India’s top ten pharma companies could independently be worth $120 billion in market cap by 2015, according to some industry estimates. Analysts, however, are watering ... More

Coal supply pacts to be mandatory for power utilities
New distribution policy soon More

Tiruchi, Vizag getting world class airports
New Delhi, Oct 14 Visakhapatnam and Tiruchi are to soon get world class modern airports. Airports Authority of India (AAI) plans to invite bids by the end of the month for not only commercial operation and maintenance of the terminal building ... More

‘Shipping lines divided on Sethusamudram benefits’
‘Draught of 10 metres is insufficient for bigger vessels’ More

Markets to follow Q2 cues…
… as Government is watching quality of inflows More

Today's Pick: Apollo Tyres (Rs 37)
We recommend a sell in Apollo Tyres at current levels. It is evident from the weekly chart of Apollo Tyres that it has been on a long-term uptrend since June 2006 trough of Rs 20. However, the stock met with a key resistance around Rs 42 in ... More

Seven axioms for investors
More

Sugar package — a bonanza for Maharashtra?
UP, TN, Punjab, Haryana are obliged to pay higher State advised price More

Time to book profits now?
In a fast-growing economy like India, market levels are meaningless: FT More

Weak dollar, firm oil prices push gold to 28-year high
Rising production costs too contribute to higher average prices More

Gold may not top Rs 9,600 levels: Report
Chennai, Oct. 14 Gold futures in the domestic multi-commodity exchanges faces resistance at Rs 9,600 per 10 grams, while any fall in crude price could impart weakness to the yellow metal too.In a weekly outlook on precious metals, Kotak ... More

Centre to study hardware manpower scenario
MAIT to be roped in for study; report in 14 weeks More

‘Count me in’
There has been an unprecedented rush for new telecom licences and amongst those vying for a slice of the market are real-estate players too. A snapshot of the action. More

Spectrum: DoT favours ‘first come-first served’
Idea, HFCL and ByCell may be among the first to get it More

Spotlight on double-stack container movement
With the Japanese International Cooperation Agency (JICA) study team stressing that the Western corridor of the dedicated rail freight corridor be electrified, the spotlight has now shifted to the key issue of whether double-stack ... More

‘Clean business is good business’
MindTree Consulting and ethics in the workplace. More

Wet cover to stay over peninsula
Thiruvananthapuram, Oct 14 A maze of cyclonic circulations hang over the warm waters of the Bay of Bengal joined on the west by another over Lakshadweep-Maldives islands but the easterly wind regime has either lacked in speed or strayed. ... More


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