Business Daily from THE HINDU group of publications
Tuesday, December 11, 2007
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Commodities (Dec 07)
Gold (per gram) Rs948
Silver (per gram) Rs20.50
Brent crude (per bbl) Rs3,562
Markets (Dec. 10)
BSE Sensex19930.68 (-35.32)
S&P CNX Nifty5960.60 (-13.70)
US Dollar39.44


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Bharti offers Rs 2,650 cr for pan-India GSM spectrum
Says willing to participate in auction; may raise bid amount too More

Volvo forms joint venture with Eicher
To invest $350 m; to share sales network, tech More

Another marriage of frugal engg with high tech
Volvo-Eicher Motors joint venture More

Lanco ends contract with BHEL for power project
Group co to do EPC work; equipment from Chinese PSU More

Mittal group may take part in oil, gas blocks’ bid
New Delhi, Dec. 10 The seventh round of New Exploration Licensing Policy (NELP) will offer 57 oil and gas blocks. Speaking to newspersons here on Monday, the Petroleum Minister, Mr Murli Deora, said, “we will announce NELP-VII on ... More

It’s fake, it’s also grey and it’s Viagra
PFIZER NOT AMUSED More

STC floats tender to import 3.5 lt wheat
Bidders need not indicate any month-wise quantity arrival schedule More

The cause and effects of wheat inflation
More

‘Ministry to go with AG’s views on Delhi airport’
Nod for proposal to set up subsidiaries for handling cargo, hospitality More

Municipal bond market to see slew of issues
‘Set to emerge as optimal instrument for infrastructure finance’ More

Mico integrates Indian subsidiaries with global biz
Most Mico plants here will become global hubs More

Ericsson declines Nokia portion in BSNL deal
Sticks to its initial commitment of doing 60% of the GSM project More

Today's Pick: Zenith Computers (Rs 52.10)
We recommend a buy in Zenith Computers at current market price. From the weekly chart of Zenith Computers, we note that it has been trending downwards since the May 2006 high of Rs 113. However, the stock found support around Rs 38 in November ... More

Day Trading Guide
The stock has moved above the resistance at Rs 1,220. Buy the stock in corrections with a stop at Rs 1,235.Infosys

The stock is just below the 50 day moving average line positioned at Rs 1,780. Buy the ... More

IMPACT
Fertiliser bonds reduce uncertainty
Long tenor may reduce liquidity More

Mid, small-cap stocks maintain momentum
Analysts see better valuations in them than pivotals More

IMPACT
Indiabulls-Piramyd deal mutually beneficial
Latter already rules above offer price More

Acquisition talk lifts Eastern Silk
Eastern Silk has begun moving up on market talk that it is close to taking over a European company. The silk yarn-to-fabric manufacturer as also exporters of fabrics, made ups and home furnishings, has already lined up a plan for overseas fund ... More

‘Star-studded’ domestic cricket fails to impress advertisers
New Delhi, Dec. 10 Aamir and Shah Rukh Khan are likely to drop by for the finals of the Indian Cricket League’s (ICL) tournament next week. Kareena Kapoor and Mallika Sherawat have danced to packed audiences at the Chandigarh stadium. ... More


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