Business Daily from THE HINDU group of publications
Sunday, October 28, 2007
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Commodities (October 25)
Gold (per gram) Rs909
Silver (per gram) Rs19.35
Brent crude (per bbl) Rs3,340
Markets (Oct. 26)
BSE Sensex19246.17 (+472.28)
S&P CNX Nifty5702.30 (+133.35)
US Dollar39.48 (-0.07)

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Foreign cos, arms may be allowed non-resident chiefs
Ministry considering new provision in company law More

State Bank net profit rises 36%
Non-interest income drives growth in second quarter More

Sept quarter: Profit growth slows, but still healthy
‘Other income’ increases by 59% More

Grasim net climbs 50% on surge in VSF demand
Posts record high operating profit of Rs 316 cr in Q2 More

Core operations drive Corporation Bank net
Aims to maintain net interest margin of 3% More

NTPC profit rises 31% on tariff re-computation
New Delhi, Oct. 27 National Thermal Power Corporation Ltd (NTPC) posted a 30.64 per cent rise in net profit for the second quarter of the current fiscal at Rs 1,925.49 crore against Rs 1,473.93 crore in the corresponding period last year. ... More

DCM Shriram net up at Rs 607.05 cr
New Delhi, Oct. 27 DCM Shriram Consolidated (DSCL), a diversified agribusiness and chemical company, has reported a 56.15 times rise in net profit for the second quarter ended September 2007. The net profit was at Rs 607.05 crore compared with ... More

Adobe, NIIT team up to offer training programmes
Showcase centres to be set up in metros More

Index Outlook
Strong quarterly earnings and short-covering ahead of the expiry of the October derivative contracts played a significant role in the 9 per cent surge in the Sensex last week. The ease with which the Indian equity markets have discounted the ... More

Locking in gains using OPTIONS — Strategies to hedge equity risk
Dabbling in derivatives can be very risky. However, when used for hedging, the same instruments help reduce the risk an investor bears when stock prices fall. Investors of all descriptions, with the help of options, can hedge their equity ... More

Tatas to roll out training set-up for its retail biz
Mumbai, Oct. 27 Tata group seems to be taking the lead in addressing one of the major bottlenecks in the Indian retail space — trained manpower. The group would soon roll out an in-house recruitment and training set up for its ... More

Chasing index returns
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