Business Daily from THE HINDU group of publications
Sunday, June 15, 2008
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Commodities (June 13)
Gold (per gram) Rs1,125
Silver (per gram) Rs25.30
Brent crude (per bbl) Rs5,823
Markets (June 13)
BSE Sensex15189.62 (-60.58)
S&P CNX Nifty4517.10 (-22.25)
US Dollar42.96 (+0.07)


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RCom threatens to claim damages if Reliance goes to court
RIL warns MTN of legal action; S. African co says talks progressing well More

Reliance: The sibling rivalry continues
Delhi/Chennai, June 14 Even after the Reliance group announced the division of companies between the two brothers — Mr Mukesh Ambani and Mr Anil Ambani — in June 2005, relations continued to be strained between the two.The ... More

Domestic airlines may curtail services
Want relief from taxes on aviation turbine fuel More

FMCG, tech stocks turn ‘safer’ bet for investors
More

IPO mop-up lacklustre in May at Rs 300 cr
‘Mobilisation higher than April but no rebound in sight’ More

Index Outlook
Indian markets displayed remarkable resilience last week and fought back bravely from lower levels despite the cacophony of voices on inflation, crude oil, interest rates, corporate earnings, FII inflows and so on. The Sensex closed the week ... More

DoT may impose eligibility conditions for 3G auction
Only operators with prior experience may be allowed More

Pranab rules out rollback of retail fuel price hike
Kolkata, June 14 The Centre is not considering any roll back of the oil price hike, the External Affairs Minister, Mr Pranab Mukherjee, said here on Saturday. “There is no question of any roll back,” Mr Mukherjee observed, ... More

Bobbing along on a roller-coaster
have weathered the choppy market well; but if media or capital goods were yourchoices, your portfolio would still bear thescars of the meltdown. The recent correctioncannot be attributed entirely to "globalcues" either. Inflation, rising ... More

BGR Energy Systems: Buy
Investors with a three-year perspective can consider investing in the stock of BGR Energy Systems. The recent results posted by the company and the strong growth in order book belie fears of a slow down in the engineering services ... More

IT services: Vertical advantage
If you had bought the shares of the top five IT services companies on January 22 this year, you would have been richer by 23-63 per cent by now, while the Sensex has gone nowhere. This in contrast to their being on the sidelines when the ... More

Media: The plot thickens
Media stocks have taken a battering in recent months, shedding 50-60 per cent of their values from the January peak. High valuations and concerns on the execution front appear to have driven the sell-off in this segment. The ... More

Strategy consultant Ramachander passes away
Chennai, June 14 Academic, theatre personality, corporate strategy consultant, prolific writer, S. Ramachander, former Director of the Institute for Financial Management and Research (IFMR) passed away here on Saturday after a brief illness. ... More

Employing asset allocation strategies for optimal gains
Asset allocation is an integral part of the portfolio management process. In a plain-vanilla portfolio, this strategy refers to allocating assets between stocks and bonds. In a somewhat complex portfolio, the strategy includes ... More

Capital goods: Challenging times are up ahead
Capital goods, as a sector, suffered a severe de-rating in the recent correction. While weak investor sentiment was also a factor, the decline was primarily driven by the expected moderation in the growth of capital goods companies, linked to ... More

Where have all the bulls gone?
More

Oil prices: Correction on cards
More

Desi projects with videshi touch
More

Pharma: A booster dose
The ongoing deep correction has been less harsh on large-cap pharma stocks. While the benchmark Sensex has shed over 30 per cent from its highs of early January, select stocks such as Ranbaxy, Sun Pharma, Glenmark and Lupin have ... More

Tata Elxsi: Buy
More

FMCGs: Resilient margins
The FMCG sector has been among the more resilient ones in the recent market meltdown, with the BSE FMCG index losing only 2 per cent so far this year. Though market fancy for FMCGs has been driven partly by its “defensive” ... More

Kaveri Seed Company: Buy
More

Archidply Industries: Invest at cut-off
More

Templeton India Growth: Invest
Conservative investors can add Templeton India Growth Fund to their portfolios. The fund, which focuses on picking “value” stocks, has a more than ten-year track record in fund management — a record marred by substantial ... More

Lotus Eye Care Hospital: Invest at cut-off
More

HOW-TO GUIDE
How to evaluate a job offer
Switching jobs is a crucial decision as it sets the pattern of job choices you make over the next couple of years. Topmost among the things one needs to consider before accepting a job offer is, of course, the pay package, though one should ... More

Weekly News Round-up(Latest Audio:English/Tamil)
In one of the biggest deals in the Indian pharmaceutical sector, Japan's third-largest pharmaceutical company Daiichi Sankyo will buy up to 51 per cent stake in Ranbaxy Laboratories at Rs 737 a share. The value of the deal is expected to be ... More


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