Business Daily from THE HINDU group of publications
Monday, October 01, 2007
ePaper
Commodities (Sept 28)
Gold (per gram) Rs877
Silver (per gram) Rs19.50
Brent crude (per bbl) Rs3,184
Markets (Sept 28)
BSE Sensex17291.10 (+140.54)
S&P CNX Nifty5021.35 (+20.80)
US Dollar39.83 (+0.07)

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Govt spend on rural job scheme below half-way mark
Against annual allocation of Rs 12,000 cr, it has spent only Rs 4,385 cr so far More

Reliance Power public issue soon
Mumbai, Sept. 30 Reliance Energy Ltd has approved the proposal of its subsidiary, Reliance Power, for going public. The decision was taken was taken at the board meeting of Reliance Energy Ltd here on Sunday. “The board ... More

Corporates burn their fingers in wheat as prices rule flat
New Delhi, Sept 30 Last year, wheat was one of the best domestic ‘stocks’ to invest in. At the start of the harvesting season in early April, wheat dara was quoting in Delhi at Rs 750-760 per quintal and by end-September had ... More

Where the pvt trade bought its wheat from
New Delhi, Sept 30 Unlike the Food Corporation of India (FCI), which buys the bulk of its wheat from Punjab and Haryana, private corporates have sourced the commodity mainly from Central India.Of the 111.04 lakh tonnes procured by FCI ... More

Cos rushing to get telecom licence
With the deadline for applying for telecom licences expiring on Monday, a number of companies, including the Hindujas, Jindal Steel and Omaxe may put in their requests with the Department of Telecom. Tulip IT, which had recently acquired long ... More

COMMODITY INVESTMENT
Exit strategy must in volatile commodity market
Buy gold at dips; gains in copper imminent More

Northbound journey may continue
Institutional investments likely to continue More

Today's Pick: Great Eastern Shipping (Rs 337.35)
We recommend a buy in Great Eastern Shipping Co at the current price level. The stock has been on a medium term uptrend since its March low of Rs 185. However, after making an all-time high of Rs 366 in early July, the stock began to decline ... More

Rising rupee, escalating worry
While a strong rupee may delight the hearts of certain sections of markets such as importers, it brings tears to the eyes of exporters. The number of jobs at stake and the export volumes that are affected call for a multi-pronged approach that should attempt to address the fundamental problems. More

Tax policy and inflation
When taxes are imposed on goods, consumers will have to pay more and, therefore, it leads to an prices going up. And it should follow that when taxes are reduced, it will reduce inflation as consumers have to now pay less. Therefore, in the ... More

Late rains to aid early rabi sowing
Forecasts boost case for a bumper wheat crop More

Are we catching them young enough? ask fund houses
Investment programmes run on behalf of minors may well be kept simple More

Towards the Wee PC
Ultra mobility coupled with ’pocket’ Internet seems to be the Next Big Thing in personal computing. Anand Parthasarathy previews some recently unveiled concept designs - and the technology that is driving them. More

Employer brand does matter
It is the employer’s brand rather than the job profile that carries weight with new entrants. More


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