Business Daily from THE HINDU group of publications
Wednesday, August 23, 2006
Commodities (Aug 22)
Gold (per gram) Rs892
Silver (per gram) Rs20.75
Brent crude (per bbl) Rs3,413
Markets (August 22)
BSE Sensex11502.62(-9.06)
S&P CNX Nifty3364.60 (-1.40)
US Dollar (Buy/Sell)46.52 (+0.03)


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Competitive bidding for coal blocks likely
Parameters may be similar to those in NELP More

No conclusive evidence of cola pesticides: Govt
Ministry seeks further details from CSE More

Cabinet panel to decide on RNRL objections
Bid evaluation for CBM III More

BILT net up 68 pc at Rs 68 cr in Q4
Plans Rs 1,200-cr capacity expansion More

Broking firms witness sharp drop in revenue
Share prices too tumble; Apollo Sindhoori stands out More

Dividend season begins for equity/balanced funds
Dividends are making news again in the realm of equity and balanced funds, thanks to the pay-outs that have been declared by a number of players. Several of these will be paid out this week. DSP Merrill Lynch MF, Canbank MF and Standard ... More

Tea output may be hit in upper Assam
Drought-like situation in the region More

Govt not micro-managing interest rates: FM
Govt stake in PSBs not to fall below 51 pc More

CPI(M) demands ban on iron ore exports
The CPI(M) on Tuesday demanded ban on iron ore exports and said that value addition for non-renewable mineral products should be done within the country. The CPI(M) Politburo Member and member of Rajya Sabha, Mr Sitaram Yechury, said that the ... More

Qualcomm in talks to transfer CDMA licence
Handset manufacture gets a shot More

Syngenta up on growth hopes
Syngenta, which clocked a volume of 15,000 shares on the BSE, has lately been viewed as a stock with a decent dividend yield (Rs 12.5 dividend for 2005). It is now trading at about 10x 2007 and 8.5x 2008 estimated earnings of roughly Rs 27 and ... More

Ucal Fuel attracts value buying
The Ucal Fuel stock, which closed at Rs 118.45 on the NSE, is said to be attracting higher volumes these days as it is seen as a value proposition. The stock gained over 20 per cent on month-on-month basis. The management recently gave a guidance ... More

Mumbaikars turn to FM radio due to `cable' fault
Prime time TV viewership scaled down by 19 per cent More


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