Business Daily from THE HINDU group of publications
Thursday, November 01, 2007
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Commodities (October 30)
Gold (per gram) Rs934
Silver (per gram) Rs20.40
Brent crude (per bbl) Rs3,507
Markets (Oct. 31)
BSE Sensex19837.99 (+54.48)
S&P CNX Nifty5900.65 (+31.90)
US Dollar39.35 (-0.04)

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UP sugar mills get respite on cane arrears
HC allows them to pay only 25% of outstanding in 5-6 weeks More

UP Govt fixes cane price at Rs 125-130
New Delhi, Oct. 31 Even as sugar millers in Uttar Pradesh (UP) have got a partial reprieve from the Courts on the cane arrears front, they have been dealt a fresh setback. The State Government under Ms Mayawati, on Tuesday, fixed ... More

Subscriber base boosts Bharti Airtel net 73%
New Delhi, Oct 31 Riding on a record addition of new subscribers, Bharti Airtel Ltd has maintained its growth momentum in the second quarter ended September 30, with a 73 per cent increase in net profits to Rs 1,614 crore compared to Rs 934 ... More

Tata Motors revenues rise marginally
Sale of technology helps boost Q2 net 19.3% More

Small, mid-cap stocks in limelight
Mumbai, Oct. 31 After Tuesday’s dip, the benchmark Sensex ended slightly in the green with a gain of 54 points on Wednesday.The S&P CNX Nifty gained 0.54 per cent, closing at 5,900.65. Profit ... More

Reliance Petro beats M-Cap of all refiners put together
BL Research Bureau It is a company that has yet to commence production but its stock is valued higher than the combined worth of all its competitors put together. The market cap of Reliance Petroleum, at today’s closing price of Rs ... More

Hind Unilever net dips 21 pc
Company focussing on cost saving programme More

Hyundai launches i10 from India
New Delhi, Oct. 31 Hyundai Motor Company is not only looking to leverage India’s manufacturing capabilities to expand its presence in the global market and consolidate its presence in the premium compact car segment in the domestic ... More

NCAER raises GDP growth estimate to 8.9%
‘Slower growth of exports is a dampening factor’ More

The other side of the Governor
Chennai, Oct. 31 Central banking, they say, is more about being seen than being heard. But quarterly monetary policy reviews provide an opportunity to do both. And sometimes convey the impression of being loquacious while at the same time ... More

Levers@75
Hindustan Unilever, which is celebrating its 75th year in India, is known as much for mentoring its employees as for marketing its brands. More

Corbus tops Nasscom’s ‘exciting’ companies list
Survey aims to identify best IT-BPO cos to work for More

Robust growth across all segments
New initiatives may broadbase Bharti’s revenue More

Cisco, Wipro enter alliance
Bangalore, Oct. 31 The best kept secret of India is partnership, how to make a win-win situation, said Mr John Chambers, Chairman and CEO of Cisco, on his last day in the country. He announced a global alliance with Wipro for joint ... More

‘Coffee export target will be met’
Bangalore Oct 31 A target of 2.05 lakh tonnes set for coffee exports this fiscal will be met despite shipments trailing currently, according to the Coffee Board Chairman, Mr G.V. Krishna Rau.“There will be no problem in achieving ... More

Merrill Lynch invests $17 m in Webel-SL
Funds to be used for capex plans More

Day Trading Guide
The stock is continuing to display heightened volatility. Fresh long position should be initiated only when the stock moves above Rs 1,293. Infosys The stock is consolidating sideways with downward bias. Sell the stock ... More

Today's Pick: Asian Electronics (Rs 427.4)
We recommend a buy in Asian Electronics at current levels. From the charts of Asian Electronics, we note that after hitting an all-time high at Rs 570 in late July, the stock began to decline and found support around Rs 350 in late October. ... More

Jindal Steel star of the day
Chennai, Oct. 31 Premium dipped further Nifty November future in a volatile day; it now commands a premium of about seven points against Tuesday’s premium of about 15 points. Trading volume was modest at Rs 71,090 crore (Rs 89,601 ... More

Not-so-inspiring numbers from HUL
One-off factors may wane in December More

Monsoon relents save over coastal Andhra
Thiruvananthapuram, Oct. 31 The northeast monsoon seems to have relented after an initial burst of rains that swamped the southern Tamil Nadu first, even as the north Tamil Nadu-south coastal Andhra Pradesh belt waited until the weekend for ... More


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