Business Daily from THE HINDU group of publications
Friday, December 28, 2007
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Commodities (Dec 27)
Gold (per gram) Rs971
Silver (per gram) Rs20.80
Brent crude (per bbl) Rs3,697
Markets (Dec. 27)
BSE Sensex20216.72 (+24.20)
S&P CNX Nifty6081.50 (+10.75)
US Dollar39.44 (-0.01)


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Reliance Power: SEBI rules in favour of promoter contribution
Group company merger is in compliance with law More

Raja wants spectrum charges reworked; operators to pay more?
More

RCom sends notice to Govt against TRAI’s spectrum allocation norms
New Delhi, Dec. 27 The battle for spectrum is back to square one with both CDMA and GSM operators rejecting the Government’s decision to accept the subscriber-linked spectrum allocation criteria suggested by the Telecom Regulatory ... More

More companies take QIP route to raise funds
New Delhi, Dec. 27 The Securities and Exchange Board of India’s attempts to encourage Indian companies to raise money domestically rather than going outside for American depository receipts (ADRs)/global depository receipts ... More

Chevron looking at IITs for engineers
CAMPUS CALLING More

Regulator keeping close watch on ULIP growth
More customer awareness need of the hour, says C.S. Rao More

Core sector growth slips to 4.5% in October
On lower production of crude, cement, carbon steel More

‘Pure’ dairy farming: An idea whose time has come
Which is India’s No. 1 farm commodity? Wheat, rice, sugarcane, cotton or oilseeds? Well, none of them: The right answer is milk. In 2006-07, the country produced an estimated 100 million tonnes (mt) of milk. At an average farmgate price of ... More

Hero Honda’s new facility on track, despite slowdown
Greater focus on export market More

US Fed: An enigma wrapped in mystery
More

Pusa-1121 proves a major hit with farmers
Prices up by a third over last year; output rises More

‘Web 2.0? What’s that?
Bangalore, Dec. 27 When the first-ever Web Innovation Conference opened in Bangalore recently, the organisers were aware that the subject of the event — Web 2.0 initiatives in India — might create some confusion. What was Web 2.0, ... More

Soya oil imports down to a trickle
LOSING PARITY More

Chip cos need to look at emerging areas: ISA
Must not be confined to IC design alone; Value addition to process is vital More

Today’s Pick: Whirlpool of India (Rs 50.40)
We recommend a buy in Whirlpool of India at current market price. It is clearly evident in the weekly chart of Whirlpool of India that it has been on a long-term uptrend since March 2007 trough of Rs 22. However, the stock met with a resistance ... More

Tea stocks gain on demand-supply mismatch
Kenyan supplies may upset Indian tea party More

Day Trading Guide
We maintain our cautious view. Fresh long position should be initiated only when it moves above Rs 1,840. L&T Though the stock fell in the last session, we reiterate our buy recommendation.ONGCThe ... More

Mini contracts with Rs 1-lakh lot size get nod
Mumbai, Dec. 27 SEBI, in a notice on Thursday stated that they would introduce a mini derivative contract with a minimum contract size of Rs 1 lakh at the time of introduction in the markets. The contract will start on both the Sensex ... More

Short selling: Institutions stand to gain
7-day tenure a deterrent for retail investors More

Vakrangee Software gains on order buzz
The Vakrangee Software counter has been abuzz with hectic buying activity for the last one month. According to market sources, the Mumbai based provider of document and printing management solutions is very close to bagging a Rs 1,000-Rs 1,500 ... More

YEAR-ENDER
A big year for organised retail
Bangalore, Dec. 27 For retailers in the country, at the end of 2007, the writing on the wall was clear: that the business was not just about operating a chain of air-conditioned stores and filling them up with the right kind of stock-keeping ... More


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