Business Daily from THE HINDU group of publications
Sunday, April 20, 2008
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Commodities (April 19)
Gold (per gram) Rs1,104
Silver (per gram) Rs25.40
Brent crude (per bbl) Rs4,560
Markets (April 17)
BSE Sensex16481.20 (+237.01)
S&P CNX Nifty4958.40 (+71.10)
US Dollar39.94 (-0.05)


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Dabur Pharma selling 73.27% stake to Singapore firm
Fresenius Kabi to pay Rs 76.50 a share More

NEWS ANALYSIS
Dabur Pharma sale: Significant premium for investors
Oncology portfolio key attraction More

IT cos providing expertise to Pakistan entities
Vendors maintaining low profile More

PM for special courts to deal with corruption cases
New Delhi, April 19 The Prime Minister, Dr Manmohan Singh, has said that there is an urgent need to create special courts to deal with corruption cases.“Apart from pendency and delayed justice, corruption is another challenge we ... More

Tata Steel’s TN project stuck on land issue
More

Shipping Corporation likely to consider bonus issue
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Fair award
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Realty players accuse steel, cement cos of ‘cartelisation’
New Delhi, April 19 The real estate industry today lashed out at steel and cement companies accusing them of ‘cartelisation’, and said that steep hike in cement and steel prices had pushed up the construction costs by Rs 225 per sq ... More

Govt cautious on Chinese power equipment performance
New Delhi, April 19 With the prospect of close to 20,000 MW of new generation capacity likely to be set up in the country using Chinese equipment, the Government is toeing a cautious line on the issue of the unproven technical capabilities of ... More

Manpower crunch may hit oil exploration sector’s growth
50,000 trained professionals needed in the next 10 years More

‘No plans to relax ban on non-basmati rice exports’
Kolkata, April 19 The Centre has no plans to relax the ban on export of non-basmati rice to Bangladesh, according to Mr Sanjeev Nandwani, Joint Director-General of Foreign Trade, Government of India. Replying to queries by ... More

Index Outlook
Infosys expressed concerns about global IT spends in the next fiscal but their guidance was innocuous; WPI growth for the week was 7.14 per cent, at least it did not cross 7.5 per cent; Citigroup reported a steep quarterly loss and said 9000 ... More

Though MFs have shown phenomenal growth...
FIIs are still the kings

More

B L Kashyap & Sons: Buy
More

Lupin: Buy
More

Infosys Technologies: Buy
More

India Inc’s blind date with derivatives
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HEG: Buy
Long-term investments can be considered in the stock of HEG, a leading manufacturer of graphite electrodes in the country. The outlook for the company is strong on account of rising demand for graphite electrodes, an essential consumable used ... More

Reliance Growth: Invest in phases
Investors with a high risk appetite can consider exposure to the Reliance Growth Fund. It tops the Indian equity fund category for performance over the last five years; during this period, it delivered an annual return of 65 per cent. A ... More

Tata Equity Opportunities Fund: Invest
Investments can be considered in Tata Equity Opportunities Fund based on its three- and five-year track record. The fund has consistently outpaced the benchmark and category average return during this time frame. The lone exception was ... More

Financial planning: Meeting your goals
Both Avinash, 36, and his wife Pavithra, 32, are employed in a software company and they earn a monthly salary of Rs 1,20,000 and Rs 90,000 respectively. As they don’t understand much about shares, they invest more in debt. They hold 15 ... More

More executives concerned over CEO’s pay packet: Survey
Shareholders must have a ‘say on pay’ More

Weekly News Round-up
Ending days of speculation, the Reserve Bank of India hiked the cash reserve ratio by 50 basis points to eight per cent. This would be done in two stages. The first rise of 25 basis points would be from April 26, and the second from May ... More


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