Business Daily from THE HINDU group of publications
Wednesday, November 14, 2007
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Commodities (Nov 13)
Gold (per gram) Rs949
Silver (per gram) Rs20.75
Brent crude (per bbl) Rs3,618
Markets (Nov. 13)
BSE Sensex19035.48 (+298.21)
S&P CNX Nifty5695.40 (+78.30)
US Dollar39.43


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Oil price hike some weeks away, says Deora
‘Objective is not to burden common man; but under-recoveries also a worry’ More

Tatas’ supercomputer Eka adjudged world’s fourth fastest
Mumbai/Chennai, Nov. 13 The Tata Group on Tuesday announced that its supercomputer Eka, which became operational this October, has been adjudged the world’s fourth fastest. This distinction was made at the International Conference ... More

Missed opportunities? Connectivity issues hurt online retail investors
Only recently has NSE started giving out 128 kbps connections More

Number portability issue leads to war of words
Fears of poaching show GSM operators’ monopolistic mindset: RCom More

Crude, electricity dent core sector growth in Sept
Coal bucks downturn, registers 6.2 per cent growth in output More

Regulator proposes penalty for power overdrawal
New Delhi, Nov. 13 The Central Electricity Regulatory Commission (CERC) has proposed a congestion charge on states of the northern region resorting to overdrawing power from the newly interconnected central grid. Instances of ... More

Pawar defends fresh wheat import tender
Keen to import up to 10 lakh t for ‘any emergency’ More

‘Kiranas and local grocers will survive’
Chennai, Nov. 13 The big format retail stores may have revolutionised retail but small retail, the kirana store owner or local grocer will continue to survive and thrive, said Mr Rajeev Karwal, Director, Milagrow Business ... More

I D Mittal picks up 3% stake in Dollex
Mr I. D. Mittal, a senior sugar industry professional and the executive director of Bajaj Hindustan Ltd, is picking up around three per cent stake in Dollex Industries, which is expanding its capital base through a preferential issue of shares ... More

Growth, market setbacks temporary
More

2-member Bench can look into Novartis’ Glivec case, says HC
Novartis had objected to appointment of S. Chandrasekaran to IPAB More

Today's Pick: Srei Infrastructure Fin (Rs 147.40)
We recommend a buy in Srei Infrastructure Finance at current levels. From the weekly chart of the stock, we note that it is in a long-term bull market since 2003. However, there was a sharp correction in the last quarter of 2005 and the first ... More

Day Trading Guide
In line with our anticipation, the stock gained in the last session. We reaffirm our buy recommendation.Infosys The stock is unable to hold its intra-day highs. We retain our sell recommendation.More

Existing operators not happy with 3G auction
New Delhi, Nov. 13 Incumbent mobile operators, both GSM and CDMA, are not happy with the Government’s decision to auction spectrum for third generation (3G) mobile services. While the GSM camp represented by the Cellular Operators ... More

COAI joining spectrum panel, with conditions
New Delhi, Nov. 13 The Cellular Operators Association of India (COAI) on Tuesday told the Government that it was joining the new panel set up by the Communications Ministry to review the 2G spectrum allocation criteria on condition that any ... More

IL&FS Investsmart shrugs off E*Trade fall
Analysts see no immediate impact More

IMPACT
Sensex US futures may bring greater visibility
Foreign investors will be main beneficiaries More


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