Business Daily from THE HINDU group of publications
Thursday, April 24, 2008
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Commodities (April 23)
Gold (per gram) Rs1,106
Silver (per gram) Rs25.25
Brent crude (per bbl) Rs4,639
Markets (April 23)
BSE Sensex16698.04 (-85.83)
S&P CNX Nifty5022.80 (-26.50)
US Dollar40.07 (+0.09)


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Does futures trading really cause inflation?
Abhijit Sen committee will provide no answer More

SBI says clients’ losses could be above Rs 600 cr in currency derivatives
Mumbai, April 23 The losses suffered by the corporate clients of State Bank of India on account of currency derivatives could range between Rs 600 crore and Rs 700 crore in the just ended fiscal, said Mr O.P. Bhatt, Chairman of SBI. While the ... More

Good news for builders as steel ingot prices fall
Futures, spot prices narrow More

New guidelines on mergers likely to upset AT&T plans
3-year lock-in the key issue More

Fresenius makes open offer for Dabur Pharma shares
New Delhi, April 23 Germany-based Fresenius Kabi, the new owners of Dabur Pharma, has announced an open offer to acquire 20 per cent additional stake in the Indian company. In an announcement made today, Fresenius Kabi said that it ... More

IPL impact: Zee unscathed; Star and Sony feel the pinch
Hindi movies, English entertainment genres hit More

ICICI Bank may go slow on hiring, promotions
SLOWDOWN FALL-OUT More

Atta prices may rise as mills find it hard to get wheat
Railways decides against allocating wagons for private trade More

Isle of Man would welcome a tax treaty with India
Offshore financial centres have been posing a stiff challenge to regulators across the world even as investors have willingly embraced these routes to mitigate tax incidence. The Organisation for Economic Co-operation and Development (OECD) has ... More

Indian crude basket breaches $ 110/barrel mark
For the 12th consecutive day the Indian crude basket continued to scorch over the $ 100-a-barrel mark. The Indian crude basket on Tuesday touched a fresh high of $ 110.34 a barrel the highest for the current fiscal. While this was ... More

First ‘test’ Nanos roll out from Uttarakhand
Commercial production may begin earlier than in Singur More

The changing face of film funding
As the business of entertainment gains pace, the Indian film industry has easier access to finance. More

Shopping through the Dish
The next retail wave is here…thanks to technology. More

S&P downgrades Tata Steel’s corporate credit rating
More

Panel against proposal to withdraw tax holiday for refineries
More

TODAY'S PICK (Latest Audio: English/Tamil)
IVRCL Infrastructures (Rs 418.90): Buy
We recommend a buy in IVRCL Infrastructures & Projects from a short-term perspective. From the charts of IVRCL Infrastructures & Projects, we see that it has been on a long-term uptrend from its July 2006 low of Rs 164. However, after ... More

Day Trading Guide
Contrary to our view, the stock surged up in the last trading session. Buy the stock in dips with stop-loss at Rs 1,600.L&TThe stock is witnessing selling pressure at around Rs 3,000. Sell the stock if it ... More

Banking stocks lose ground on selling pressure
HDFC Bank witnesses sharp fall More

Realty counters witness renewed interest
Most real estate majors gain 10% over the week More

Strong show by UltraTech Cement
New capacities to help diversification, volumes More


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