Business Daily from THE HINDU group of publications
Thursday, January 11, 2007
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Commodities (Jan 10)
Gold (per gram) Rs822
Silver (per gram) Rs19.75
Brent crude (per bbl) Rs2,452
Markets (Jan 10)
BSE Sensex13362.16 (-204.17)
S&P CNX Nifty3850.30 (-61.10)
US Dollar (Buy/Sell)44.58 (+0.15)


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NYSE, Goldman, Softbank acquire stake in NSE
Four foreign entities buy 5 pc each totalling 20 pc More

Vodafone offer in a few weeks
More

Japan fund Nikko to set up joint venture
Nikko Asset Management Company Ltd of Japan plans to invest an initial amount of $5 million to set up a joint venture asset management company with Ambit RSM, a Mumbai-based financial services provider. The two companies will apply for the ... More

Pharma industry opposes price control mechanism
Move is `retrograde, anti-liberalisation and short-sighted' More

Rlys plans supply chain infrastructure
Plans to come out with draft policy framework soon More

PSLV launch successful
India's most precise launch so far, says ISRO chief More

Capital goods, oil & gas stocks lead decline
More

Pak, Egypt, Iran identified for boosting tea exports
Islamabad looking to sell cotton, molasses to India More

Rlys plans more stations under freight operating information system
Number of locations may go up to about 1,100 More

Cabinet likely to discuss sops for chip sector today
Clear-cut policy will help draw investments, says industry More

Reliance Comm to raise funds for Hutch-Essar buy
Board gives nod for FCCB issue to raise $1 b More

NSE, BSE record higher M-cap, listings growth in 2006
According to the World Federation of Exchanges data, while the NSE recorded a 61 per cent growth in market capitalisation, the BSE saw a 59 per cent growth for the period January-November 2006. More

Srei Infra: Rate hike keenly watched
The Srei stock is being viewed in the context of the company's decision to increase its benchmark lending rate by 50 bps to 11.5 per cent. The hike, which came into effect on January 1, is said to be in anticipation of a possible increase in ... More

Balrampur: Betting on expansion
Analysts are watching the Re 1-face value Balrampur Chini Mills stock for what some of them say are plans chalked out by the company for expansion. The sugar outfit, which has half a dozen units in Uttar Pradesh, is adding to its production ... More

Tea stocks back in limelight
Increase in consumption, recovery in price augur well for industry More

No `all clear' on El Nino front just yet
The Australian Bureau of Meteorology (BoM) said in its update on Wednesday that the El Nino event in the equatorial Pacific has showed signs of weakening, but stopped short of giving the all clear just yet. A renewed but temporary ... More


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