Business Daily from THE HINDU group of publications
Tuesday, November 13, 2007
ePaper | Mobile/PDA Version
Commodities (Nov 12)
Gold (per gram) Rs962
Silver (per gram) Rs21.40
Brent crude (per bbl) Rs3,668
Markets (Nov. 12)
BSE Sensex18737.27 (-170.33)
S&P CNX Nifty5617.10 (-46.15)
US Dollar39.37


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Govt to auction spectrum for 3G, Wi-Max services
Move opens doors for Deutsche Telecom, AT&T and new Indian players More

Govt to usher in number portability in phases
Facility to be introduced in four metro cities initially More

Consumer goods drag industrial growth to 6.4% in Sept
Latest official data confirms that the consumer goods segment in the Indian economy continues to be on the decline along with the manufacturing sector as a whole where the growth rate halved during September this year, compared with September ... More

Markets dip on weak global signals
Mumbai, Nov. 12 The markets continued to tank on Monday, weighed down by global market sentiment and fears that the US sub-prime issue may involve larger losses. The Sensex closed 0.9 per cent lower on Monday, at 18737.27, after a high ... More

Regulator seeks lifting of ban on futures trading in commodities
Forward Markets Commission may write to Ministry this week More

Ministry moots sector-specific incentives for exporters
More

Combination drugs: Driven by science or commerce?
They combine multiple medicines in fixed doses, but in a single pill More

Chidambaram allays fears on industry slowdown
‘September IIP, dip in non-oil imports not indicative enough’ More

MMTC floats tender to import 3.5 lakh t wheat
Part of Centre’s move to import 10 lakh tonnes More

FMC has reservations on fourth commodity bourse
Regional exchanges told to join hands for a new set-up More

IndianOil planning petrochem unit in Haldia
Cost, capacity estimates yet to be finalised More

‘Big jump in outbound deals in last 3 years’
$3.59-b M&A, pvt equity transactions logged in Jan-Sept ’07 More

Long-term forwards gaining favour with cos
Unidirectional rupee movement pushes demand up More

Today's Pick: Axis Bank (Rs 894.30)
We recommend a sell in Axis Bank at current price levels. From the weekly chart of Axis Bank, we note that it has been on a steady long-term up trend since June 2006 low of Rs 221.This uptrend accelerated from the low formed in August. and ... More

Day trading guide
The stock recovered over 6 per cent from its intra day low on Monday. The recent decline has also retraced 50 per cent of the prior uptrend (an important Fibonacci level) and bounced up. We recommend a ... More

Realty stocks bear the maximum brunt
Investors cautious about valuation More

US Futures Exchange to list Sensex futures in Feb
The Bombay Stock Exchange on Monday signed an agreement with US Futures Exchange (USFE) licensing the benchmark index Sensex for US futures listing. The US dollar denominated futures trading in the BSE-benchmark index Sensex will begin ... More

NIIT pact may help it corner substantial market share
The strategic alliance between NIIT and US based NComputing holds potential for product synergy. As a part of the alliance, NComputing would provide virtual PC solutions to schools across India. Virtual PC allows multiple users to draw upon ... More


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