Business Daily from THE HINDU group of publications
Monday, October 22, 2007
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Commodities (Oct 19)
Gold (per gram) Rs918
Silver (per gram) Rs19.80
Brent crude (per bbl) Rs3,344
Markets (Oct. 19)
BSE Sensex17559.98 (-438.41)
S&P CNX Nifty5215.30 (-135.70)
US Dollar39.74 (+0.04)

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Nuclear Power Corpn stepping up uranium mining
Turns focus to indigenous reactor programme More

Bajaj Hindusthan to pay only Rs 60/quintal for cane
Lower than Centre’s statutory minimum price More

Rlys hikes freight, congestion charge for iron ore exporters
More

Cap on number of investment cos unlikely
New Delhi, Oct. 21 The Ministry of Corporate Affairs (MCA), which is working on a new revamped Company Law, is unlikely to put a cap on number of investment companies a promoter or corporate house can float. Official sources told More

‘Chips’ in cattle to detect insurance frauds
Gujarat to implant tamper-proof RFID tags on 1.5 lakh cattle soon More

POSCO stalemate: Naveen Patnaik ready for dialogue
Bhubaneswar, Oct. 21 Close on the heels of POSCO’s announcement to start work on its steel project in Orissa from April 1, 2008, the Chief Minister of Orissa, Mr Naveen Patnaik, has said that he was ready for a dialogue with those ... More

Branch network expansion is strategic move ‘close to customer’
Chasing revenues is not our game: Sundaram Finance More

Pharmaceuticals: Demerger of R&D units — a new trend
More

Today's Pick: Wipro (Rs 500.55)
We recommend a buy in Wipro at current prices. After a prolonged downtrend that extended between February and September this year, the stock is trying to make some head way. It has already gained 18 per cent since the September trough of Rs ... More

Marketmen await SEBI to clear the confusion
Volatility may mar trading till such time More

Inflation: Lessons from China
China’s recent experience shows that even with the very high degree of social discipline and political controls, a developing economy can get into an inflationary bind. This holds an important lesson for India, says S. VENKITARAMANAN More

Igniting IT with embedded systems
The first ever Embedded Systems Conference was held in India this month. Anand Parthasarathy reports on the desi directions in fabless design that the event signposted. More

‘Quantum effect’ looks promising for ‘Cyderabad’
Next week’s expo will tell if Bangalore breeze will blow again More

Third wave of outsourcing coming
Hackett Group: Process improvement is the way to go More

Index Outlook
Investors in the Indian stock markets were subjected to a horrendous week caused by the flip-flop statements emanating from the governing authorities. If the intention of our policymakers is to arrest the rally in stocks, then why turn turtle ... More

Container Corporation of India: Buy
Concor’s infrastructure network backed by expected growth in container traffic lends visibility to its future earnings. More

Kalpataru Power Transmission: Buy
The company’s diversified model distinguishes it from other T&D companies. More

Titan Industries: Hold
The onset of the festival season and expansion of retail outlets is likely to translate into strong revenue growth in the near term. More

Gold: Relentless march towards $800/oz-mark seen
As for copper, the focus of analysts is lower. There could be slow drift lower, rather than a sharp descent, they said. Another interesting aspect of the commodities market is the booming prices of raw material for steel. Indian sport iron ore ... More

Launch window ready for northeast monsoon
Thiruvananthapuram, Oct 21 The easterly wind regime is expected to settle into place over the Bay of Bengal Monday onwards, throwing up a window of opportunity for the north-east monsoon to launch itself. The resident anticyclone over ... More


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