Business Daily from THE HINDU group of publications
Wednesday, March 05, 2008
ePaper | Mobile/PDA Version
Commodities (March 04)
Gold (per gram) Rs1,185
Silver (per gram) Rs28.85
Brent crude (per bbl) Rs4,051
Markets (March 4)
BSE Sensex16339.89 (-337.99)
S&P CNX Nifty4864.25 (-88.75)
US Dollar40.36 (+0.04)


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Subscription

Group Sites

HOME PAGE

ICICI Bank takes $264-m hit on overseas credit exposure
‘Current market value of assets lower than acquisition value’ More

No rollback of Budget proposals: Chidambaram
New Delhi, March 4 The Finance Minister, Mr P. Chidambaram, on Tuesday made it clear that there would be no rollback on any Budget proposals even as he assured industry that any ‘inadvertent errors’ would be ... More

Downtrend continues, Sensex sheds 338 points
ICICI Bank, DLF, ACC, RCom among big losers More

Tata Nano ready to explore licensed manufacturing route to meet demand
Faced with the prospect of an overwhelming demand for its low-cost, ultra compact car – the Nano, Tata Motors is ready to explore opportunities for licensed manufacturing of the car. In addition to satellite manufacturing or ... More

Loan waiver: Bounty for cane farmers
Chennai, March 4 The defaulters among the farmers must be one relieved bunch, thanks to the Rs 60,000-crore loan waiver announced by the Centre. Sugarcane farmers’ net profit this season is expected to jump 5-6 times thanks to the ... More

ICICI Bank’s derivatives exposure at over $2.2 b
Chennai, March 4 ICICI Bank and its overseas subsidiaries have an exposure of over $2.2 billion in the credit derivatives market. Credit derivatives are defined as tradable financial instruments whose price and value derives from the ... More

Prudential norms for letters of comfort
Full disclosure in financial statements to be mandatory More

Govt may issue commitment letter for SBI rights offer
New Delhi, March 4 The Government is likely to issue a commitment letter to State Bank of India by March 18 for its entitlement in the Rs 16,700-crore rights issue of the bank. It had already decided to issue bonds (special marketable ... More

Postal saving schemes see dip in collection
New Delhi, March 4 The once popular postal saving schemes seem to be losing out to other investment instruments prompting the Finance Minister to extend income-tax benefits to some more of these schemes as part of the Budget proposals. Almost ... More

Cold spell may drive wheat yield to record
Output seen near 75 m tonnes; arrivals begin in Gujarat More

There was no consensus on iron ore export duty proposal
Govt decided to continue with specific rate of customs duty More

Credit spreads unmoved by easy money
It could have hardly come at a worse time. Just as Western economies are in descent mode, inflation is rising.Earlier, it was only headline inflation which flashed red. The US Fed could console itself that, stripped of food and energy ... More

Tata Tele counters COAI objections to Virgin tie-up
Both parties dash off letters to DoT More

The HYDE ACT — Misreading or misleading?
More

TODAY'S PICK (Latest Audio: English | Tamil)
Colgate Palmolive (Rs 407.25): Buy
We recommend a buy in Colgate Palmolive India from a short-term perspective. We note from the charts that the stock was on a medium-term downtrend from its January high of Rs 521 to February trough of Rs 362 levels. After finding support at ... More

Day Trading Guide
In line with our expectations, the stock declined in the last trading session accompanied with high volume. Moreover, the stock broke though the key support level of Rs 1,000. We maintain our sell recommendation. More

Realty stocks tank, yet again
Real estate stocks continued to be hammered on Tuesday as well. BSE’s Realty index tanked the most among all the indices during the day’s trading. The index shed a massive 487 points, to end the day at 8953.95. That was a massive ... More

IMPACT
New Option Products to help long-term hedging
Arbitrage funds to benefit More

IMPACT
Auto: No surprises in Feb sales numbers
Budget proposals may aid recovery More

Reliance lifts asset base of mutual fund industry by 3%
ICICI Prudential, UTI MF see decline in AUM More

2008 to be down year for market: Morgan Stanley
Mr Ridham Desai, MD and Co-Head of Morgan Stanley, believes the credit market conditions in the US are still very bad. He expressed his surprise at the recent resilience of US markets. He expects US growth to rebound by the third quarter CY08. ... More


Advt Links: Tanning Beds Geschlossene Schiffsbeteiligungen Fonds black is beautiful Summit Pacific Vacation Rentals Buy Properties Payday loans Druckerpatrone Tintenpatrone Andrea Bocelli Web conferencing services since 1997 Business USA Hotel Bruges Mesothelioma Cancer Treatment Sourcing China products Made in China Business Health Insurance About:Blank Send money to India



Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line

Clasic

BL Career 2008

Hiring

Digital Sportstar


People's car

P-Note blues

Union Budget 2008-09

Railway Budget 2008-2009

Economic Survey 2007-2008

Other Top Stories
GM open to sub-1 litre engine for India


‘No free lunch in stock markets’

‘US east coast banks holding back some deals’

Steel Ministry not to intervene on pricing issue, says Paswan

Electronic warfare system for Army nearing completion

Nestle numbers improve on cost, wastage reduction

Reliance, ONGC may get ‘rig holiday’


The Hindu Shopping
BusinessLine E-paper


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2008, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line