Business Daily from THE HINDU group of publications
Sunday, May 25, 2008
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Commodities (May 24)
Gold (per gram) Rs1,190
Silver (per gram) Rs27.65
Brent crude (per bbl) Rs5,574
Markets (May 23)
BSE Sensex16649.64 (-257.47)
S&P CNX Nifty4946.55 (-78.90)
US Dollar42.83 (-0.17)


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Bharti drops talks with MTN
Differences over holding structure More

Mukesh Ambani SEZ offers land or money for affected persons
More

Smooth take-off for Bangalore’s new airport
HAL airport switches off commercial operations More

Formulations biz drives pharma exports up 16% in 2007-08
Chinese competition, rupee appreciation dent export growth More

BSE cautions investors trading in penny stocks
Mumbai, May 24 The Bombay Stock Exchange has cautioned investors against dealing in Z category scrips without performing due diligence on them, in the light of the unrealistic price rise recorded by KGN Industries and Sylph Technologies last ... More

Indian telcos taste mixed success in global forays
Home-grown operators struggle to match scale of global giants More

Entertainment Network (India): Buy
Investors with a long-term perspective can buy the stock of Entertainment Network India (ENIL), which operates the radio channel, Radio Mirchi 98.3 FM. Within the media sector, radio is poised to record the fastest growth in advertising ... More

New instructions for tax department to file appeals
New Delhi, May 24 The Central Board of Direct Taxes (CBDT) has come up with new instructions for the tax department on the issue of filing of its appeals before the Income Tax Appellate Tribunals (ITAT), High Courts and Supreme Court, ... More

Index Outlook
It was the menacing threesome – crude prices, inflation and interest rates, that spooked the markets once again last week and sent the Sensex reeling back toward 16500. The incredible re-listings provided the rare distraction in an ... More

How FIIs dealt with their portfolios in Q1
Do you take cues from foreign institutional investors (FII) to make your stock choices? If you do, you are probably breathless from trying to keep pace with their flighty movements in the last two quarters. First, FIIs pumped in close to $6 ... More

Replicating PMS products for small investors
SEBI recently directed Portfolio Management Services (PMS) firms not to operate pooled accounts. These firms can henceforth offer only separately-managed accounts to their clients. The capital market regulator has also increased the minimum ... More

IPO scam: Did SEBI err in not going after financiers of bogus applications?
More

Geodesic Information System: Buy
More

Bharat Forge: Hold
More

Bafna Pharmaceuticals: Avoid
More

Magnum Comma Fund: Invest
Indian investors looking to profit from the upward spiral in commodity prices do not have access to a domestic commodity index or exchange traded funds that allow them to own a basket of commodities. Nor do diversified funds, in the Indian ... More

Niraj Cement Structurals: Avoid
More

HSBC Advantage India Fund: Hold
Investors can retain the units of HSBC Advantage India Fund considering its improving performance vis-À-vis its benchmark BSE-200 and the dominance of blue-chip large-cap stocks in its portfolio. The portfolio comprises ... More

Gold: A financial infatuation?
More

HOW TO GUIDE
Plan your wedding finances well
More

Enticing buyers with freebies
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Weekly News Round-up (Latest Audio:English)
The HSBC group has acquired 73.21 per cent stake in the listed retail broking firm IL&FS Investsmart Ltd in an all cash deal for Rs 1,084.5 crore at Rs 200 per share. The price also includes Rs 82 crore paid as part of a three-year non-compete .. More


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