Business Daily from THE HINDU group of publications
Friday, March 07, 2008
ePaper | Mobile/PDA Version
Commodities (March 06)
Gold (per gram) Rs1,188
Silver (per gram) Rs30.20
Brent crude (per bbl) Rs4,102
Markets (March 5)
BSE Sensex16542.08 (+202.19)
S&P CNX Nifty4921.40 (+57.15)
US Dollar40.32 (-0.04)


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4 Indians in Forbes’ top 10 billionaires list; Buffett is No 1
Anil Ambani ‘biggest gainer’ with $23.8 b increase More

Chidambaram for lower rates on sub-Rs 20 lakh home loans
New Delhi, March 6 Pitching for lower interest rates on home loans up to Rs 20 lakh, the Finance Minister, Mr P. Chidambaram, on Thursday asked bankers to try and incentivise borrowers of such loans by lowering interest rates.“I ... More

More curbs on rice exports to ensure domestic availability
Move could hit export of speciality rice from South More

Gulf Air offers ‘Grand Prix’ package
For Formula One fans More

Farm insurer bets on more business after loan waiver
More farmers to become eligible for credit; AICL retentions likely to improve More

RBI supports farm loan waiver scheme
We will ensure banking system is strengthened: Chidambaram More

SBI, ICICI Bank, HDFC to gain from DDT change
Set-off of tax paid by arm on dividend to parents More

Oil & gas cos mystified by ‘mineral oil’
Oil and gas companies have been bamboosled by an observation in the Memorandum and the Notes on Clauses accompanying the Finance Bill, 2008, says Mr Pritin Kumar, Senior Manager, Deloitte Haskins and Sells, Mumbai. And, at ... More

Satyam BPO mining niche core processes
Continues interest in acquisitions, new centres More

Campus recruitment to fall by 38%
MA FOI SURVEY More

M&As: A year of adventure for India Inc abroad
A growing economy, robust financial performance and an exceptionally buoyant stock market have all supported a remarkable expansion of M&A activity, and there seems little to upset this trend in the immediate future. Overseas M&As by Indian c ompanies have exceeded the investment by foreign companies into India. More

Pre-paid cash cards for train tickets gaining in popularity
More and more people are now using pre-paid cash cards such as Itzcash cards, Done cards and Icash cards to book online train tickets against the earlier days when primarily credit and debit cards were used. This shows that increasingly ... More

TODAY'S PICK (Latest Audio: English | Tamil)
SKF India (Rs 365.25): Buy
We recommend a buy in SKF India from a short-term perspective. It is evident from the charts that the stock was on a medium-term downtrend from its late December 2007 peak of Rs 488 till its February 2008 trough of Rs 320. However, it found ... More

Day Trading Guide
On Wednesday, the stock found support just above Rs 1,400 and bounced off with average volume. However, the outlook for the stock is cautious. Desist trading in this stock for the session. L&TThe stock is ... More

Faculty crunch threatens Brand IIT
‘New technology institutes should not be called IIT’ More

10% surcharge on big retail chains in Kerala; tax on ATF cut
Budget proposes Rs 188-cr additional revenue mop-up More


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