Business Daily from THE HINDU group of publications
Monday, December 24, 2007
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Commodities (Dec 18)
Gold (per gram) Rs944
Silver (per gram) Rs19.75
Brent crude (per bbl) Rs3,597
Markets (Dec. 20)
BSE Sensex19162.57 (+70.61)
S&P CNX Nifty5766.50 (15.35)
US Dollar39.61 (-0.01)


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IOC to venture alone for small onland blocks in seventh round
Will scout for foreign partner in deepwater exploration category More

It’s business as usual for Modi
Ahmedabad, Dec. 23 Except to those nursing a pathological dislike of the BJP and Chief Minister Narendra Modi, the return of the ruling party to power on a fourth-time pro-incumbency wave in Gujarat was almost a bygone conclusion by the time ... More

Reading Gujarat’s message right
The expected has happened and the BJP has romped home to an impressive victory for a third time in succession in Gujarat, smashing the biggest bogey of Indian politics: The anti-incumbency factor. Only time will tell whether in Gujarat too a ... More

BNP Paribas seeks Centre’s nod for Geojit open offer
RBI seen to have issues with commodity trading norms More

PSU banks see potential in bad loans, plan asset reconstruction cos
More

GSM operators blocking competition, says Tata Tele MD
‘Govt should be allowed to move forward on the issue’ More

Gold range-bound, base metals vulnerable
Platinum making waves among precious metals More

Central bankers to the rescue
More

Today's Pick: Bajaj Auto Finance (Rs 370.05)
We recommend a buy in Bajaj Auto Finance. The chart reveals that the stock had been on a long-term downtrend, from the May peak of Rs 518 to November trough of Rs 306. However, it appears to have found support at around Rs 306 in mid November. ... More

Day trading guide
The analysis and opinion expressed in these columns are based on the technical analysis of the past price behaviour. The stop-loss level provided with the recommendation is important. The original view would stand negated if the stop-loss ... More

Last week of 2007 may end on positive note
Corporates’ performance to dictate directions in 2008 More

What is short selling?
According to the market regulator, the traders would be required to mandatorily honour the obligation of delivering the shares at the time of settlement. More

What SEBI says now
Naked short selling shall not be permitted in the Indian securities market and accordingly, all investors would be required to mandatorily honour their obligation of delivering the securities at the time of settlement.No institutional ... More

No gifts at Dalal Street this Christmas?
Jogin found out that December was a pretty bad month to be invested in the stock market. “Should we move money into debt for this month alone?” he thought. Sridevi had other plans. She was pouring over the 2008 IPO list, ... More

India-UAE protocol: Deciphering the fine print
The protocol amending the Indo-UAE double taxation avoidance agreement affects the determination of residence, taxation of capital gains, etc. The protocol also provides for the "Limitation of Benefits" clause to prevent the abuse of the agreement. More

The course to take
Sriperumbudur, near Chennai, is known as the base for global companies making mobile phones, cars and PCs. Now, the area is becoming an embryonic centre for higher education. Young workers in its high-tech factories are hitting the learning highway. More

Finding a mentor at work
A guide who can nurture your talents. More

When conviction, courage shine through
Farzana Haque looks back on a satisfying journey. More


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