Business Daily from THE HINDU group of publications
Friday, November 16, 2007
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Commodities (Nov 15)
Gold (per gram) Rs959
Silver (per gram) Rs21.25
Brent crude (per bbl) Rs3,594
Markets (Nov. 15)
BSE Sensex19784.89 (-144.17)
S&P CNX Nifty5912.10 (-25.80)
US Dollar39.32 (-0.03)


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Reliance deals with Kurdish Region have no standing: Iraq
Future exploration and production contracts may face problem More

Draft regulation opens up prospects for city/local natural gas distributors
Companies need to show credible plans for sourcing gas, combined net worth of Rs 50-150 cr More

Global telecom cos ride on Indian operations
SingTel, Maxis, Vodafone derive gains More

Sharp slowdown in Q3 demand for gold
Sept saw price spurt of 7.26% More

Diwali brightens two-wheeler sales
FESTIVAL BONANZA More

Cabinet clears mines Act amendment Bill
Making coal blocks allocation more objective, transparent More

Today's Pick: ITC (Rs 189.65)
We recommend a buy in ITC Ltd at current price levels. It is evident for the weekly chart of ITC that it had been on a steady bull run for almost two years, from the May 2004 low of Rs 48 to April 2006 of Rs 212. The stock has been consolidating ... More

Day Trading Guide
The stock is likely to move sideways. Sell the stock when it declines below Rs 1,638 level.L&TL&T is still facing key resistance at Rs 4,670. We maintain our view that fresh buys can be initiated when ... More

Cane dues: Sugar mills not to get interest-free loans
Finance Ministry to provide only 5% interest subvention More

Small, mid-cap stocks jump on value buying
‘Momentum shift seen toward smaller stocks’ More

‘Overall economic situation still buoyant’
8.5-9% growth is possible, says Rangarajan More

Microsoft launches next-gen Windows Live
To offer enhanced online, network experience to consumers More

TCS wins Rs 800-cr Mexican contract
Mumbai, Nov. 15 Tata Consultancy Services (TCS) has secured a four-year contract valued at over $200 million (Rs 800 crore) from the Social Security Institute of Mexico (IMSS). As per the engagement, TCS will serve as the IT services ... More

Most refining stocks shine
On expectation of retail price rise, refining margins More

FIIs and the rising rupee
Chennai, Nov. 15 Exporters have been shouting long and loud about the rise of the rupee. But foreign institutional investors (FIIs), who have been just sitting there counting their blessings, are the ones that count. The response of capital ... More

Entertainment stocks sizzle
Stocks of Creative Eye and Balaji Telefilms has moved up in the last couple of days. According to marketmen, apart from the general bullish trend towards media segment, investors are betting on these counters as they are production partners of ... More

TCS deal reduces US dependence
Penetrates deeper into Latin American market More

Let’s help
iVolunteer rallies together do-gooders who want ‘to reach out, to think beyond government, to be the change in helping develop the nation’. More


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