Business Daily from THE HINDU group of publications
Friday, October 06, 2006
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Markets (Oct 6)
BSE Sensex12372.81(-16.60)
S&P CNX Nifty3569.70(+4.80)
US Dollar (Buy/Sell)45.60(-0.16)


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WEB EXTRAS

COMMODITY EXCHANGES
Marginal decline in pepper futures
Investors now buying back futures, liquidating spot More

CULTIVATION
Rubber growers take to `undesirable' methods
LURED BY HIGH PRICES More

OPEN OFFERS
Sankhya Info plans buyback
Sankhya Infotech Ltd, a technology provider for aviation and oil and gas companies, has announced plans to buy back shares from the Bhubaneswar Stock Exchange. The company would soon finalise the appointment of a merchant banker for buyback of ... More

COMMODITIES
NCDEX to begin spot trading
The National Commodity and Derivatives Exchange (NCDEX) will roll out its agri-commodity spot exchange in West Bengal and Rajasthan next month. National Collateral Management Services Ltd — the NCDEX arm set to spearhead the spot market ... More

INFRASTRUCTURE
Brandix Apparel Phase I makes financial closure
The first phase of the Brandix Apparel Park coming up at Visakhapatnam has achieved financial closure. Barring environmental clearances, the necessary approvals for the proposed textile special economic zone planned by the Sri Lankan firm ... More

STOCKS
Sensex bounces back
"Markets, these days, remind me of roller coaster rides. It's fun at the top, scary when it dips and very reassuring as it soars again." That was the reaction of a market analyst as the BSE Sensex sprinted by 185.4 points (1.52 per cent) to ... More

HCV/LCV/TRACTORS
M&M to invest Rs 400 cr in tractor biz
Mahindra & Mahindra Ltd on Thursday said it would invest Rs 400 crore in its tractor business over the next two to three years to set up a new greenfield plant, expand capacity and develop new products. "We have been gradually increasing our ... More

HEALTHCARE PRODUCTS
TI Cycles enters fitness equipment biz
TI Cycles of India, one of the largest bicycle manufacturers, has announced the launch of fitness equipment marketing business by opening seven `BSA Go' stores in the country. Announcing the launch, Mr G. Ramprasad, President, TI Cycles, told ... More

COMMODITY MARKETS
Cardamom declines
Lack of buyers More

VIRUSES
`Home PCs, target of cyber attacks'
Would you leave your front door open for a month? That's exactly what many individual Internet users are doing with their personal computers over the Net. Internet criminals are increasingly targeting home users for identity theft, fraud and ... More

OUTLOOK
Plan to introduce IT among SMEs
Public-pvt partnership to involve CII and Microsoft More

IPC members urged to raise offtake
The 34th International Pepper Community (IPC) has reiterated that domestic consumption of pepper and its value added products should be enhanced in the member countries by venturing into its new usages. Withholding ... More

Soya output put at 71.49 lakh tonnes
Higher coverage, rise in yield More

Circulation in west to decide N-E monsoon onset
To be active for another 24-36 hours More

ECONOMIC OFFENCES
BPO sector says fraud numbers are negligible
In response to the sting operation conducted by UK's Channel 4 on data theft occurring in Indian call centres, the President of the Call Centre Association of India, Mr Sam Chopra, said, "Frauds in the Indian BPO industry account for a fraction ... More






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