Business Daily from THE HINDU group of publications
Thursday, October 25, 2007
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Commodities (Oct 24)
Gold (per gram) Rs905
Silver (per gram) Rs19.25
Brent crude (per bbl) Rs3,317
Markets (Oct. 24)
BSE Sensex18512.91 (+20.07)
S&P CNX Nifty5496.15 (+22.45)
US Dollar39.61 (-0.03)

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All 20 sub-accounts opt to enter through ‘front door’
Apply for FII status; SEBI board meeting on PNs today More

Markets end flat amid volatile trading
Sensex swings 500 points intra-day More

No spectrum allocation till Nov 12, says Centre
Raja for fair play with operators, licence holders More

Rising rupee makes no major impact on diamond sector
More

Earnings model keeps Lupin profits healthy
Scouting for more acquisitions, intellectual property generation More

Dr Reddy’s suffers on German arm’s showing
Second quarter net down 5% at Rs 267 crore More

Dabur India consolidated, standalone net rises
New Delhi, Oct. 24 Dabur India Ltd on Wednesday announced a double-digit increase in its standalone and consolidated net profit with sales driven mainly in the oral care, health supplements for the second quarter ended September 30, 2007. ... More

ONGC plans Rs 31,000 cr capex in 11th Plan
Mumbai, Oct 24 Oil and Natural Gas Corporation Ltd aims to invest over $ 5 billion and produce 25 million metric standard cubic metres per day of gas from its fields in the Krishna Godavari basin by 2012-13, the Chairman and Managing Director, ... More

Today's Pick: Praj Industries (Rs 202.55)
We recommend a buy in Praj Industries at current prices. From the weekly chart of Praj Industries, we see that it has been in a medium-term consolidation in the range between Rs 170 and Rs 270 since its life high, recorded in July. The ... More

Day Trading Guide
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No cuts yet on US tech spend: TCS
`We've come out largely unscathed from sub-prime woes More

Private banks do well in Q2
PSBs hit by lower net interest income More

Lack of clarity stalls pre-ban rice export commitments
Mumbai, Oct. 24 Despite repeated representations at various levels and reports of government decision to ease export controls on non-basmati rice, there is little headway made on the ground, say rice exporters with pending export commitments. ... More

‘Pension funds, insurance cos seeking Indian equities’
Strategists say India moving up on strong top-down story More

Cairn India up on stake sale talk
The Cairn India stock has flared up amid rumours of a takeover attempt on its parent, Cairn plc. The stock gained 6.78 per cent to Rs 204.75 with sharp surge in trading volumes of 45.33-lakh shares against two-week average figure of 11-lakh ... More

IMPACT
Wockhardt’s buy to strengthen US market
Lawsuits pertaining to Lindane may pose challenges More

Nifty future in discount on unwinding of long positions
FIIs buying into index options, futures More

Healthy numbers from Britannia
Biscuits & bakery biz to sustain robust growth More

‘Low’ pops up in Bay even as successor system looms
Set to intensify into a depression by weekend More


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