Business Daily from THE HINDU group of publications
Wednesday, January 02, 2008
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Commodities (Jan 03)
Gold (per gram) Rs1008
Silver (per gram) Rs21.45
Brent crude (per bbl) Rs3,860
Markets (Jan. 4)
BSE Sensex20686.89 (+341.69)
S&P CNX Nifty6274.30 (+95.75)
US Dollar39.36 (-0.07)


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‘Insiders’ have to surrender gains from short-term deals
Draft SEBI guidelines set transaction time span at 6 months More

Anil Ambani nurturing Tech Reliance
Hyderabad, Jan. 1 For Reliance groups, it has always been about scale be it petrochemicals, communications, entertainment, power or finance. Now, Tech Reliance, under wraps, technology consultancy services provider of the ADAG Group, is set ... More

Direct tax mop-up may top Rs 3 lakh cr this fiscal
Chidambaram non-committal on moderating I-T rates More

Ringing in the New Year with over a billion SMS
WINDFALL FOR OPERATORS More

Coal Ventures invites merchant bankers for global mine hunt
Eyeing three routes for picking up assets abroad More

Steel majors hike prices by up to Rs 1,500/t
Rise in key raw material prices, import price of steel products More

Hiring moves beyond realm of IT, ITeS
Getting the right person for a job remains a challenge More

Difficult for gold demand to top 1,000 tonnes this year
Mumbai, Jan. 1 The country’s voracious appetite for gold is well known. Despite rising prices, demand in the first three quarters of 2007 increased; but when the market breached the psychological Rs 10,000 per 10 grams, there was a ... More

NELP VII: HPCL may tie up with LN Mittal group
Adopting consortium approach for acquiring acreages in India, abroad More

PSU insurers upset over new tariff norms
Say there is no level-playing field in IRDA’s guidelines More

‘Let minimum broadband speed be kept at 256 Kbps’
Not many takers for higher speed connections due to steep tariffs, poor infrastructure: TRAI More

Bangalore drew them in 2007
It remains a key pit stop for global chiefs in their race for IT leadership More

Exports up 27% in November at $12.4 b
Trade deficit rises to $52.8 b in April-Nov More

BIG 92.7 FM bets big on radio podcasting
Coimbatore, Jan. 1 Are you a passionate listener of radio FM? Do you stay away from parties and other functions just to listen to on-air shows by your favourite radio jockey? This probably would not be necessary henceforth with the anywhere, ... More

Demand helps soyabean, meal fetch record prices
Lower US crop, S. America weather uncertainties the reasons More

Today's Pick: Indoco Remedies (Rs 324.70)
We recommend a buy in Indoco Remedies at current market price. From the weekly chart of this company, we note that it had been in a downtrend between January and August 2007 (from a high of Rs 371 to a low of Rs 225). However, the stock ... More

Day Trading Guide
We maintain our prior view of desist trading in this stock for the session.Infosys Sell the stock in rallies with stop at Rs 1778.L&TContrary to our view, the stock fell in ... More

Reliance Power IPO may be in 3rd week of January
Dalal Street grapevine cannot stop talking about the proposed Reliance Power initial public offering, billed as the biggest so far for the domestic capital market. The current buzz is that the offer would hit the market in the third week ... More

IMPACT
HDFC’s insurance stake: No benefit soon
IPO, policy changes to hold key More

New Year party continues as 1,146 stocks hit upper circuit
Chennai, Jan. 1 Investors celebrated the first day of 2008 in grand style with the number of stocks hitting the upper circuit filter crossing 1,000 again on the Bombay Stock Exchange. This is the second consecutive day it has happened as the ... More

Indians on a ‘green drive’ as CNG vehicles touch over 3.54 lakh
Demand catching up among passenger cars as well More

BEL wants employees to ‘chak de’
Bangalore, Jan. 1 Bharat Electronics Ltd is telling its employees to chak de (go for it!) and play the winning team in an increasingly competitive corporate world. The public sector defence ... More

‘Nanoscience centuries old, has great potential’
Carbon nanotechnology much older than carbon nanoscience More


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