Business Daily from THE HINDU group of publications
Sunday, March 02, 2008
ePaper | Mobile/PDA Version
Commodities (March 01)
Gold (per gram) Rs1,163
Silver (per gram) Rs28.15
Brent crude (per bbl) Rs4,002
Markets (Feb. 29)
BSE Sensex17578.78 (-245.76)
S&P CNX Nifty5223.50 (-61.60)
US Dollar39.81 (-0.08)


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Medicines will be cheaper, but not consumer goods
Drugmakers to cut prices by 5%, except those made in tax-free zones More

FCEBs into shares: Method to calculate acquisition cost
Finance Bill spells it out for tax purposes More

PDS ‘smart cards’ a manna for vendors
Demand pegged at 200-300 m in next five years More

Encrypted data to ensure rations
Imagine this scenario. Your maid borrows Rs 50 to buy rations. The shopkeeper says there is no stock, and she goes back disappointed. That the Rs 50 is spent on something else is another story. At the end of the month, her rations remain ... More

Railways’ ‘haulage’ charges eat into IRCTC profits
PAYING FOR PANTRY More

Flights costlier on ATF hike
New Delhi, March 1 Domestic flying could become more expensive in the next few days. With aviation turbine fuel (ATF) prices increasing by more than Rs 2,300 per kilolitre at the four metro cities, some airlines plan to pass on the burden to ... More

A new Chaudhary from Harvard via Rae Bareilly?
More

Nokia Siemens, TCS sign outsourcing deal
TCS will provide global R&D services to Finnish firm More

Turmoil in market takes toll on IPO mop-up
Companies garner about Rs 1,900 cr in February More

Index Outlook
There were no ‘positive surprises’ for the stock market fraternity in the Union Budget and they were additionally beleaguered by the hike in the short-term capital gains tax. However, the measure has been accepted with great ... More

It’s less taxing times for the salaried
Budget 2008 More

JMC Projects: Buy
JMC Projects has managed a successful turnaround, transitioning from a company with eroding net worth to one with a strong balance sheet in two years. Investors can consider exposure in the stock with a 2-3 year perspective. A strong order ... More

Divi’s Laboratories: Buy
More

HDFC Prudence: Invest
HDFC Prudence, a balanced fund, appears to be a good investment option for conservative investors based on its performance since inception. The fund, over a five-year period, has outpaced the BSE Sensex by five percentage points and its ... More

Allcargo Global: Buy
More

Birla Sun Life Tax Relief: Invest
Investors looking for tax saving options for their portfolio can consider the Birla Sun Life Tax Relief 96, in the light of its good recent, as well as five-year, performance record. The fund carries a three-year lock-in period common to all ... More

Infotech Enterprises: Hold
More

UTV Software: Hold
More

Farm loan waiver may fuel demand for consumer goods
A majority of the industry believes that it is worth sharpening its focus on the vast untapped rural market after the Budget proposal. More


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