Business Daily from THE HINDU group of publications
Sunday, March 23, 2008
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Commodities (March 21)
Gold (per gram) Rs1,227
Silver (per gram) Rs24.20
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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Bearish trend turns mutual funds into net sellers now
Lack of interest in taking up fresh investment commitment More

Small savings collections down 22.5% in April-Jan 2008
New Delhi, March 22 Gross collections under various small saving schemes have declined by a substantial 22.5 per cent during April-January 2008, indicating waning investor interest in such schemes in this fiscal too. Financial experts ... More

IT sees dip in merger & acquisition deals in value terms
Slowdown fears tell on activity in Jan-Feb period More

Honda bikes ride out the market slump
Records 57% sales growth in April-Feb this fiscal More

Foreign tourism portals woo Indians with attractive marketing strategies
Now, the foreign tourism organisations have found another way to woo Indian tourists. This time it’s through their Web portals. With Tourism New Zealand and Singapore Tourism taking the lead in adding a separate link with customised ... More

CBDT defends Budget move on penalty provision amendments
New Delhi, March 22 The Finance Ministry has defended the move to give retrospective effect to a Budget proposal relating to “recording of satisfaction” by an assessing officer for initiating penalty under the income-tax law for ... More

Index Outlook
The Sensex, which was already reeling on the brink, collapsed below the 15000 threshold on receiving a facer from Bear Stearns last Monday. The blow sent the index to an intra week low at 14677.2 before it managed a feeble recovery to end the ... More

Caught in the Bear’s grip
Investing in stocks is not as simple and straightforward a game as it seems. That lesson was driven home yet again last week when the stock market trembled from the aftershocks of the spectacular collapse of US securities firm Bear Stearns. ... More

TOP OF MIND
Of Bears and broken markets
Bear Stearns (BS) may well go down in Wall Street history. Not for the right reasons though. By now, most of us may be able to relate the recent happenings in investment banking to ‘sub-prime’ woes in the US. But what exactly led ... More

Idea Cellular: Buy
More

Mahindra & Mahindra: Buy
More

DSP ML Top 100 Equity Fund: Buy
The sweeping correction in stock prices has seen the BSE Sensex and the BSE 500 shed about 29 per cent and 35 per cent from their respective peak values till date. For investors seeking to build or to augment their equity portfolio, this may ... More

Zee Entertainment: Buy
More

Reliance Vision: Invest
Investors wishing to take advantage of recent market declines to build an equity portfolio can buy units of Reliance Vision Fund, considering its good long-term track record. The fund’s large-cap focus may make it better placed to tide ... More

Franklin India Taxshield: Invest
Conservative investors looking for tax saving options in the equity space can consider investing in Franklin India Taxshield. While the fund’s one-year return of 19.3 per cent does not place it among the top performing funds in the ELSS ... More

Some myths about wealth creation
More

Titagarh Wagons: Invest at lower end
More

Energy crunch likely to affect global metals sector
Supply fears continue to disrupt market fundamentals More

Ketan Parekh scam: SEBI lets off Zee TV promoters with a warning
Coimbatore, March 22 The Securities and Exchange Board of India has said that the promoters of Zee Telefilms had by their conduct and actions given an impression that they aided and abetted Ketan Parekh (KP) entities in large scale market ... More

‘Holi’day
More

News round-up for the week
Stocks collapsed last Monday, sending the benchmark indices to their second steepest fall ever. The Sensex lost 951 points dipping below the 15,000-mark for the first time after the start of its bull run last year that took it up over ... More


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