Business Daily from THE HINDU group of publications
Friday, October 12, 2007
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Commodities (October 11)
Gold (per gram) Rs878
Silver (per gram) Rs19.25
Brent crude (per bbl) Rs3,142
Markets (Oct. 11)
BSE Sensex18814.07 (+155.82)
S&P CNX Nifty5524.85 (+83.40)
US Dollar39.33 (-0.01)

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Infosys overcomes Re impact with higher billing, utilisation
Second quarter net rises 18.4% as revenues cross $1-b milestone More

The Infy show: Analysts’ view
Mumbai, Oct. 11 Even as Infosys’ quarterly results failed to impress the bourses, the investment community appeared to be satisfied with the company’s numbers Most of the analysts believed that the net profit growth was in ... More

‘Infosys offshore biz continues to be healthy’
No signs of any slowdown in US market: COO More

Campus hiring raised 40%
Bangalore, Oct. 11 Infosys has stepped up its campus hiring this year and has issued some 18,000 offers to engineering students, 40 per cent more than the previous year. “We have visited 1,000 of the 1,700 engineering colleges and ... More

Steady progress in Infy nos
Earnings growth may pick up pace over the next couple of years More

‘Acquisitions will hurt credit-worthiness’
Crisil’s downgrades have exceeded upgrades in H1 More

Stake in projects for people displaced
Rehab policy to ease disputes over land acquisitions More

L&T to buy Malaysian co’s switchgear biz
Share sale pacts likely for 3 arms More

Gaining currency the sweet way!
COIN SHORTAGE More

US: Wall Street-Main Street disconnect
More

Construction will continue to contribute bulk of revenues
More

Tata-Fiat venture to make Grande Punto, Linea
Ranjangaon unit to also manufacture engines, Tata’s next-gen vehicles More

Relief package for oil marketing cos announced
Oil bonds worth Rs 23,457 cr to be issued this fiscal More

IMPACT
Glenmark launch: Only a short-term benefit
Offers generic anticonvulsant ahead of others in US More

Todays Pick: Valecha Engineering (Rs 194.55)
We recommend a buy in Valecha Engineering at the current price. We note from the weekly chart that this stock had declined from Rs 273 (life high) to a low of Rs 83 in short span of four months between March and July 2006. It has been in a ... More

Day Trading Guide
The stock moved past the resistance at Rs 1,076. We revise our recommendation to a buy.Infosys Infosys tumbled 6 per cent backed by heavy volumes on Thursday. It has also formed a bearish engulfing candlestick ... More

IT majors take a beating
Infosys results cast a shadow More

Marketmen looking for alternative investments
Taurus Parsoli plans Shariah-compliant Islamic fund More

Interest cut by banks lifts realty stocks
‘Trend of lowering rates is likely to be picked up by others’ More

Carbs… and colour
A chef’s endeavour to innovate gourmet fare that is gentler on one’s system. More

Rising Re: Little impact on CXO salaries
Bangalore, Oct.11 Dollar salaries in the country that went through the roof a couple of years ago are yet to be impacted by the rising rupee. An 11 per cent dip in dollar value may seem too small to renegotiate old agreements, but new ... More


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