Business Daily from THE HINDU group of publications
Friday, March 21, 2008
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Commodities (March 20)
Gold (per gram) Rs1,145
Silver (per gram) Rs26.15
Brent crude (per bbl) Rs4,109
Markets (March 19)
BSE Sensex14994.83 (+161.37)
S&P CNX Nifty4573.95 (+40.95)
US Dollar40.45 (-0.11)


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Inflation spurts to 10-month high on rising food costs
Price pressure may not favour cut in interest rates More

Hyderabad airport will open on March 23; ground handling rates cut
New Delhi/Hyderabad, March 20 The suspense is off. The new airport in Hyderabad will open on March 23, a week later than originally planned, with the two ground handling agencies there agreeing to drastically reduce the charges, which the ... More

Irish co CRH picks 50% in AP cement firm for $456 m
Hyderabad, March 20 The Dublin-based $20-billion CRH Group has entered India by picking up a 50 per cent stake in the Hyderabad-based privately held My Home Industries Ltd (MHIL), for a consideration of $456 million. According to an ... More

L&T to start work on its integrated shipyard soon
In discussions with Tamil Nadu over project agreement More

US bars multiple H-1B filings for same worker
Nasscom welcomes move; hopes for hike in cap More

Motorola to foray into set-top box market
Move follows acquisition of Dahua Digital More

Orphans of the motherland?
More

PSBs keen to increase auto loan portfolio
Special campaigns, low rates to spur slowing demand More

Retailers ride high on easy EMIs
Tie up with banks to provide attractive schemes to customers More

‘Centre planning IT investment regions’
Hyderabad, March 20 The Central Government is charting out a policy for the creation of IT investment regions under the public private partnership (PPP) model to be driven by the State Governments and supported by the Centre.Typically, ... More

Review Tata, Virgin deal, GSM players urge DoT
New Delhi, March 20 GSM operators have urged the Department of Telecom to reinvestigate the deal between Tata Teleservices and Virgin Mobile for a possible violation of the Foreign Direct Investment (FDI) norms. In a communication to ... More

Tea Board signs pact with NSE arm for e-auction
Move will standardise process across auction centres: Jairam Ramesh More

Customs duty on cooking oils slashed
New Delhi, March 20 The Centre on Thursday slashed import duties on all crude and refined edible oils as part of its attempt to cushion the impact of increase in the global vegetable oil prices. It also decided to exempt semi-milled and ... More


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