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Saturday, May 17, 2008
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Commodities (May 16)
Gold (per gram) Rs1,130
Silver (per gram) Rs25.45
Brent crude (per bbl) Rs5,140
Markets (May 16)
BSE Sensex17434.94 (+81.40)
S&P CNX Nifty5157.70 (+42.45)
US Dollar42.70 (-0.07)


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Power shortage makes cos rely on liquid fuel captive plants
Little option as energy from naphtha-fired plants is more expensive More

Govt defers decision on PepsiCo’s plea against divestment condition
Information sought on Dubai co in proposed DLF Limitless venture More

Basmati export duty difficult to absorb, says Saudi chamber
Plea to reconsider $220/tonne duty More

SAIL Q4 profits up 25% on cost cutting, lower energy use
Full-year net at Rs 7,536.78 cr More

Volvo, Eicher Motors tie-up’s ambit may be wider than truck distribution
FIPB clears proposal by AB Volvo to pick up 8.1% stake in Eicher Motors More

DoT moves tribunal to recover Rs 2,015 cr from Tata Tele
Penalty for defaulting on licence fee payments More

Auto part makers hit by rising input prices
Say steel price cuts not for grades used by them More

Mercedes, JCB India fill in excise revenue shortfall
Drop in realisations from Tata Motors and Bajaj Auto More

CMIE retains GDP growth forecast at 9.5%
Private economic research firm, CMIE, has retained its GDP growth projection at 9.5 per cent for the current fiscal, despite fears of high inflation and slowdown in industrial output. In its May issue of the monthly review, CMIE said, ... More

Bangalore Connect
For airport talks: Members of Bangalore City Connect (from Left) Mr Mohandas Pai, Mr Lakshmi Narayan, Ms Kiran Mazumdar-Shaw, Mr Ramesh Ramanathan, Mr R.K. Mishra, and Mr Sudip Banerji at a press conference in Bangalore on ... More

Global semiconductor market slowing, says Gartner
More

Costlier fuels, metals drive inflation rate to 7.83%
Wholesale price index of all commodities at 228.6 points More

Cell phone services top TV ad volumes in January-March
Chennai, May 16 Cellular phone services were the top category advertising on TV during the first quarter of 2008. According to a study by AdEx, Hindustan Unilever Ltd was the number one advertiser on TV during this period. The first ... More

US Govt urged to curb shrimp imports on food safety
Shrimp trade charges USFDA with failing to ensure quality controls More

Weekly Market Round-up (Latest Audio: English/Tamil)
Tracking its Asian peers, the Sensex opened 96 points down on Monday at 16,641 from the previous close of 16,737. The bears came out with renewed vigour taking cues from the weak IIP data and hammered the Sensex down further, to test its day low ... More

Food, water cos emerging as investment options
More fund houses plan schemes targeting the sectors More

Bandra-Worli sea link to be ready by Jan
Project being extended by 3.6 km at a cost of Rs 1,200 crore More

Fresh ‘low’ expected to boost monsoon flows
Thiruvananthapuram, May 16 Thursday’s well marked low-pressure area over east-central and adjoining northeast Bay of Bengal has weakened overnight into a conventional ‘low’ and lay over the coastal areas of Myanmar and ... More


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