Business Daily from THE HINDU group of publications
Tuesday, January 15, 2008
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Commodities (Jan 14)
Gold (per gram) Rs1049
Silver (per gram) Rs22.75
Brent crude (per bbl) Rs3,578
Markets (Jan. 14)
BSE Sensex20728.05 (-99.40)
S&P CNX Nifty6206.80 (+6.70)
US Dollar39.31


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BUSINESS LINE wishes its readers A
HAPPY PONGAL and SANKRANTI

Our office will remain closed today on account of Pongal and there will be no edition of Business Line dated 16th January 2008. The News Updates of Business Line will resume on Wednesday morning. —  MANAGING DIRECTOR

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SBI prices rights issue at a discount of 35% at Rs 1,590
1 share for every 5 held; issue to raise Rs 16,736.31 cr More

BSNL mulls public issue to raise $10 b
10% dilution planned; employees threaten strike More

Gold continues to sparkle above $900
Mumbai, Jan. 14 Gold prices for 2008 were projected at $900 an ounce at the November 2007 conference of the London Bullion Market Association in Mumbai; but little did one expect that this price mark would be reached so soon.The yellow ... More

India, China to promote civilian N-power ties
‘Shared vision’ document signed More

Sony Max, World Sport bag 10-year IPL media rights for $1 b
More

Dept of Fertilisers wants Rs 50,000 cr to meet subsidy requirements
The Department of Fertilisers (DoF) has sought Rs 50,000 crore from the Finance Ministry when it finalises the Budget Estimates for the 2008-09 fiscal for paying out the fertiliser subsidies.Sources told Business Line ... More

The global liquidity paradox
More

ONGC strikes gas in Mahanadi for third time
Kolkata, Jan. 14 ONGC ended its deepwater drilling campaign in 2007 in a hopeful mood. The Indian energy major has struck gas for the second time in MN-DWN-98/3 deepwater block in Mahanadi basin in the coasts of Orissa. ONGC holds 100 per cent ... More

US rate cuts: RBI will not follow suit now
Both stocks and bonds rallied — the former on both domestic and foreign buying ahead of the big IPOs (Reliance Power leads the pack) and the latter on bearish US data and the Fed chairman, Mr Ben Bernanke, saying the Fed will go the ... More

‘Job outlook bright in ITeS, telecom sectors’
Bangalore, Chennai, Ahmedabad, Hyderabad offer good prospects More

We have aggressive R&D plans for India, says Hyundai’s Lheem
More

A hi-tech bed or LCD movie projector
Bangalore, Jan. 14 ‘To sleep — per chance to dream, aye, there’s the rub!’ said Hamlet, dreading the night that lay ahead. He would have liked the ‘Starry Night’ high-tech bed. It offers such a tantalising ... More

Natco applies for compulsory licence on Roche’s cancer drug
Payment of royalty offered; hearing at patent office awaited More

Customer service: RBI wants 4-tier system
Considerable scope for improvement, says Leeladhar More

Today's Pick: Power Finance Corp (Rs 267.25)
We recommend a buy in Power Finance Corporation at current market price. From the weekly chart of Power Finance Corporation it is evident that it has been on a firm long-term uptrend from its April 2007 low of Rs 101. However, after marking a ... More

ICICI Prudential AMC launches two new funds
Mumbai, Jan. 14 ICICI Prudential AMC on Monday announced the launch of two of their new funds, ICICI Prudential Fixed Maturity Plan Series 33- Plan A and ICICI Prudential Fusion Fund Series-III. The ICICI Prudential Fixed Maturity Plan is the ... More

Day Trading Guide
As long as the stock trades above Rs 1,350, the near-term outlook continues to be positive. Buy the stock in dips with stop at Rs 1,350.Infosys The stock is hovering just above a key support level of Rs 1,510. ... More

Surge in gold prices lifts Manappuram Finance
The stock of Manappuram General Finance and Leasing has been witnessing sharp surge of late. On Monday, the stock closed at its new peak at Rs 180.80; the stock jumped 13.5 per cent over a week’s time and Rs 57.22 per cent in month’s ... More

Less policy uncertainty for fertiliser makers?
New regulator, import parity prices proposed More


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