Business Daily from THE HINDU group of publications
Monday, November 05, 2007
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Commodities (Nov 03)
Gold (per gram) Rs951
Silver (per gram) Rs20.65
Brent crude (per bbl) Rs3,531
Markets (Nov. 2)
BSE Sensex19976.23 (+251.88)
S&P CNX Nifty5932.40 (+65.95)
US Dollar39.35 (+0.01)

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Power capacity addition trips in first half of current fiscal
Against a target 10,159 MW, only projects totalling 2,645 MW have taken off More

Retail investors stayed net sellers in July-Sept
Chennai, Nov 4 The market value of shares held by FIIs in S&P CNX 500 companies went up by 25 per cent between July and September, from about Rs 8,00,000 crore to Rs 10,00,000 crore.The gain for retail investors was less than half ... More

Indian IT cos grooming overseas centres on the lines at home
Companies have reiterated many times that no other country can provide efficiencies of scale, cost and quality the way India can. More

Bunge plans selling edible oil in sachets
Mumbai, Nov. 4 Popular vanaspati-brand Dalda is set to drive the sachet revolution in the edible oils category. After the success of shampoos in sachets from other FMCG companies, Bunge India is taking this route to make its Dalda edible oils ... More

Today's Pick: Indian Oil Corporation (Rs 495.70)
We recommend a buy in Indian Oil Corporation (IOC) at current levels. From the weekly chart of IOC, we see that it has been moving sideways in a broad range of Rs 390 and Rs 515 since December 2006. It is evident from the daily chart that the ... More

Day Trading Guide
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Who’s afraid of sky-high NAVs?
Waiting for corrections indefinitely may not be a good idea More

‘Global pharma market expected to slow down in 2008’
Hit by declining drug treatment costs, pricing issues and loss of patent protection in blockbuster medicines, the global pharmaceutical market is expected to post a slower 5-6 per cent growth in 2008, according to a recent report. It ... More

Central bankers are fallible
A debate is on whether central bankers may have themselves been responsible for the problems that led to the sub-prime mess in the first instance and whether their subsequent actions are over-compensating. Be that as it may, the debacle has hopefully been a testing ground from which the world’s central bankers have emerged stronger, says S. VENKITARAMANAN. More

Still ticking
Indian software firms appear to have weathered US threats for now, going by recent numbers. For the long term, they are in ‘wait-and-watch’ mode. More

PCs step aside… smarter mobiles are coming
NEW-GEN PROCESSORS More

Hyderabad’s new international airport: Starting the take-off run
Lufthansa, you have been cleared to land in Hyderabad. The visibility and weather are good and there is not too much wind. Welcome to the new Hyderabad International Airport at Shamshabad. This is probably the kind of ... More

Gold likely to stay firm above $800/oz
Set to retest all-time high of $850 More

No respite on tariffs for private terminal operators
Even as the Government readies new upfront tariff setting and bidding norms for public-private-partnership (PPP) projects at major ports, there will be no respite for some private container terminal operators who have questioned the existing ... More

Dalal Street may witness choppy trend
Heavyweights likely to consolidate More

Will gold top $1,000?
Chennai, Nov. 4 Two years ago, when Newmont Mining Corp predicted that gold would touch $1,000 an ounce, there were not many takers. Nor were there many when a few others mirrored it in March last year. But this weekend, when gold prices ... More

Floods may lead to loss of 40 lakh tonnes of rice
Crop status in main contributing States seems to be good More

Cotton outlook bright, exports apace
Mumbai, Nov 4 Even as the 2007-08 season is underway and the trade outlook is favourable to producers, cotton market participants have begun to examine the prospects for next year, that is 2008-09, planting for which would commence in ... More

Your TV as your bank
Banks, looking for non-branch service delivery channels, can tap the reach of the television. A look at what is possible. More

Xenos Tech offers vehicle security system
Coimbatore, Nov. 4 Xenos Technologies has rolled out a security system to prevent the theft of vehicles.“We have developed an alarm and remote start system with two remotes,” says Mr Jerry Daniel, Vice-President and COO, ... More

Thunderstorms rule peninsular skies
Thiruvananthapuram, Nov 4 A pair of cyclonic circulations to the south and west of extreme south peninsula has woven together a string of thunderstorms that in turn has exploded in disparate flash rain events over the adjoining land. ... More


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