Business Daily from THE HINDU group of publications
Monday, February 25, 2008
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Commodities (Feb 22)
Gold (per gram) Rs1,124
Silver (per gram) Rs25.50
Brent crude (per bbl) Rs3,858
Markets (Feb. 22)
BSE Sensex17349.07 (-385.61)
S&P CNX Nifty5110.75 (-81.05)
US Dollar40.00 (+0.04)


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3:5 bonus from Reliance Power; effective price will be Rs 269
Anil Ambani to relinquish 2.6% stake to Reliance Energy More

Legal, tax aspects of RPower bonus announcement
Mumbai, Feb. 24 The issue of three free shares for every five RPower shares held “compensates” investors only if the bonus shares are given to the original IPO allottees of RPower, said a section of market players. “If I have ... More

Indirect taxes may exceed budget targets: Chidambaram
Excise collections growth matter of concern: CBEC chief More

How IT workers are serving beyond the call of profession
HEROES HAPPEN HERE More

SCI may call off tender for fleet managers
Poor response due to stringent Document of Compliance, flag norms More

Oil retailers want PFs to invest more in their bonds
More

Virgin Atlantic operates first flight on bio-fuel
Virgin Atlantic operated its first flight using bio-fuel on Sunday. The Boeing 747-400 aircraft flew from London Heathrow to Amsterdam. There were no passengers on board the demonstration flight.Addressing the media before the flight ... More

Premium edible oil players eye low-end segments
As sunflower and soy oil prices soar More

Balancing prosperity with stability
More

Buzz at Barcelona
The portable phone is emerging as the central device in people’s lives. Anand Parthasarathy was at the cellular industry’s biggest annual event, the Mobile World Congress, to catch its latest trends. More

Understanding the many taxes that Budget 2008 may impact
Union Budget 2008 is only a few days away. The forthcoming Finance Bill is sure to have provisions that will impact many taxes. While we await with bated breath what the Finance Minister has to offer us on February 29, Business ... More

Sensex, Nifty among world’s worst performers
FII selling, global cues hit Indian bourses; Muscat emerges topper More

Gold price likely to pause
Exhaustion seen setting in the counter More

Dalal Street to see subdued trading ahead of Budget
Long-term investors in no hurry to buy at current levels More

TODAY'S PICK (Latest Today's pick audio)
Pfizer (Rs 632.90): Buy
We recommend a buy in Pfizer from a short-term perspective. From the chart, we see that it had been on a medium-term downtrend from December 2007 high of Rs 850 to mid-February low of Rs 587. However, the stock’s medium-term downtrend got ... More

Day Trading Guide
More

IEX to get Nord Pool’s expertise for going live
New Delhi, Feb. 24 Indian Energy Exchange (IEX) — the country’s first power bourse — has roped in leading global electricity exchange Nord Pool ASA for operational expertise to ensure that the kick-starting the exchange goes ... More

Fifteen myths about memory
In a hormonal sense, the brain is best suited for learning in the morning. It shows the highest alertness and the best balance between attention and creativity. The gains in knowledge structure and the speed of processing greatly outweigh all minor a dvantages of late-night learning. More


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