Business Daily from THE HINDU group of publications
Sunday, November 25, 2007
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Commodities (Nov 24)
Gold (per gram) Rs975
Silver (per gram) Rs21.05
Brent crude (per bbl) Rs3,732
Markets (Nov. 23)
BSE Sensex18852.87 (+326.55)
S&P CNX Nifty5608.60 (+89.25)
US Dollar39.73 (+0.23)


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Reliance gains a billion $-lift
Profit from divestment of 4% in RPL equals a quarter’s earnings More

India is hot for global realtors
Mumbai, Nov. 24 Indian realty appears a one-stop destination for global real estate developers if the overseas participation in the recently concluded ‘Cityscape India’ expo here is anything to go by.No less than 50 ... More

Air India working on cost-cutting moves
Board okays accounts; net loss put at Rs 448 cr More

FIFA signs up Satyam for World Cup
Hyderabad, Nov 24 Satyam Computer Services today announced it signed up as a FIFA World Cup Sponsor and the official information technology services provider to the FIFA World Cup. The IT company will partner the international football ... More

Tatas roll out millionth car on Indica platform
Pune, Nov. 24 The millionth car off the Indica platform was rolled out of the Tata Motors facility here on Saturday, nearly nine years after its production was commenced in January 1999. Speaking at a ceremony to mark the milestone, Mr ... More

PE investors betting big on natural resources cos
Origo appointed consultant to raise $100 m for the fund More

Realty emerges top grosser in IPO mop-up
Followed by power generation and telecom More

The multi-baggers from 10k to 20k
More

Construction equipment — Building on the boom
Demand for infrastructure and construction equipment is set to increase. The Eleventh Plan, entailing an investment of about $492 billion on infrastructure projects alone, is likely to be the main growth driver. More

‘Clear sub-prime picture may emerge only next year’
More

Reliance Pharma beats sluggish phase for pharma funds
Even as the bull run in construction, capital goods, power and banking stocks has been at the forefront of the recent market rally, sectors such as IT and Pharma have been left high and dry; thanks to an appreciating rupee and mixed earnings ... More

Index Outlook
Indian markets gave a timely wake-up call to investors last week; dispelling the dreams of a ‘de-coupled’ Indian stock market soaring blissfully sky-wards even as the rest of the global markets came under the bears’ ... More

Jyothy Labs (IPO): Invest at cut-off
More

Saregama India: Hold
More

Apollo Tyres: Buy
More

‘ULIPs offer flexibility and protection’
ULIP products offer market-related returns but they require investors to revisit the asset allocation according to risk appetite and market conditions. More

Dredging Corporation: Book Profits
Investors can use the recent appreciation in the stock of Dredging Corporation of India (DCI) to book profits on part of their holdings. The stock has appreciated 50 per cent since October 2007. At 16 times its trailing twelve-month earnings, ... More

Query Corner
I hold the shares of Mercator lines. What is your view on this stock? Can I hold the stock with a one-year perspective? Suresh Kumar YadavMercator Lines (Rs 123.3): This stock has ... More

Balancing local, global forces
Every country faces a dilemma — how to match domestic priorities with international obligations. A judicious reconciliation calls for sagacious leadership. More

Use your head, wear a helmet
Wearing a good helmet is an absolute must, even if it is uncomfortable during peak summer months and even if the two-wheeler is being taken out to the nearby kirana store. More


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