Business Daily from THE HINDU group of publications
Thursday, January 10, 2008
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Commodities (Jan 09)
Gold (per gram) Rs1035
Silver (per gram) Rs22.25
Brent crude (per bbl) Rs3,708
Markets (Jan. 9)
BSE Sensex20869.78 (-3.55)
S&P CNX Nifty6272 (-15.85)
US Dollar39.31


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SC clears hurdles for Reliance Power IPO
Proceedings in Gujarat High Court stayed More

Axis Bank Q3 net grows 66%
Sharp rise in margins, income More

MPs for rethink on SBI consolidation move
New Delhi, Jan 9 Ahead of a crucial Cabinet meeting for approval of merger of State Bank of Saurashtra (SBS) with State Bank of India (SBI), pressure is mounting on the Government to reconsider the proposed consolidation efforts within the SBI ... More

Govt mulls more cement imports: Kamal Nath
New Delhi, Jan. 9 The Government is contemplating importing more cement to meet the supply-demand mismatch that has led to rise in cement prices, the Union Minister for Commerce and Industry, Mr Kamal Nath, has said.“We are ... More

TN cos offer subsidised cement to select consumers
Rs 200 per bag; District officials to issue permits More

Carlyle picks up 49% in Repco Home
Chennai, Jan. 9 Carlyle Asia Growth Capital Partners has committed to pick up 49 per cent equity stake in the Chennai-based Repco Home Finance Ltd for a consideration of $27.7 million (Rs 110 crore). Repco, a subsidiary of Repatriates ... More

Getting a global imprint...
New Delhi, Jan. 9 The Auto Expo, Indian automotive industry’s showcase event, has grown to be an international event of repute. The 9th edition of the expo is bigger and better and will present a new range of vehicles such as electric ... More

Sensex among few to trade at new high
Trend driven by P-Note restrictions More

Maruti unveils three concept cars
New Delhi, Jan 9 Maruti Suzuki India Ltd (MSIL) unveiled three concept cars, the A-Star, the Splash and the D-segment Kizashi at the 9th Auto Expo Delhi 2008 on Wednesday, announcing its intent to be present in every segment of the global car ... More

Economists not for cut in direct tax rates
Chidambaram told to use revenues to rationalise indirect taxes More

Tata Motors launches Sumo Grande, new Indigo
New gen Indica due out later this year More

Foods to be Dabur’s core
Bets on health and wellness; to identify foods product segments More

Forrester downgrades 2008 spending estimates
Growth will be slower at 5.2% against 5.7% last year More

Banks may nudge corporate borrowers to get rated
Risk-driven rates to prevail under Basel norms More

Investors rush to open demat accounts
Wanting to be part of the market boom More

Today's pick: Upper Ganges Sugar (Rs 129.05)
We recommend a buy in Upper Ganges Sugar & Industries at current market price. From the weekly chart, it is evident that it has bottomed out in August 2007 around Rs 58 and has been on an uptrend since then. The stock’s medium-term ... More

Day trading guide
The stock is forming a flag pattern, which is a continuation pattern. Fresh long should be initiated only when the stock moves above Rs 1,334 level.Infosys The stock is struggling to move above its 50-day ... More

Sugar stocks gain on low production estimates
Buying enquiries help bullish sentiments More

Reliance Power public issue lifts NTPC
Power sector stocks, particularly market leader NTPC, gained sharply on Wednesday. According to market men, reports of the Supreme Court clearing the hurdle for the India’s biggest IPO Reliance Power lifted the sentiment for these ... More

A friend indeed
One of Deepak Parekh’s greatest gifts is his ability to reach out to people and make them feel special. More

Food for thought
Even as HUL wants to focus on its global brands in the foods division, it’s busy indigenising and tweaking its products to local tastes. More


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