Business Daily from THE HINDU group of publications
Thursday, July 10, 2008
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Markets (July 09)
BSE Sensex13964.26 (+614.61)
S&P CNX Nifty4157.10 (+168.55)
US Dollar43.16 (-0.16)


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EAR TO THE GROUND: Allied Digital sees higher volumes on talk of eyeing Nasdaq firm
Shares of Allied Digital, the Mumbai-based systems integrator and provider of IT infrastructure management services, have been witnessing higher volumes on the bourses.According to marker sources, the company is close to buying out an arm ...

BOOKS OF ACCOUNT: Auditing the China economics
China’s five-star factory is not somewhere you would want to stay overnight, says Alexandra Harney in The China Price: The True Cost of Chinese Competitive Advantage (
ACCOUNT SPEAK: MBO: Management or `managed' buyouts?
India has been witnessing increased activity in the MBO space in industries as varied as IT/ITES, chemicals and FMCGs. Private equity initiatives are spurring buyouts where the management and the PE firm enter into a power sharing agreement, with ... latter providing the funding..

COMMODITY COMMENTARY: Cotton export ceiling may hurt farmers
Mumbai, July 9 The Government deserves to be complimented on its resolve not to ban export of cotton, despite tremendous pressure from the textiles lobby. News has just come in that customs duty of 10 per cent on cotton imports has been ...

ON THE HEDGE: Shree Renuka Sugars hogs limelight
Nifty future sees short-covering. Chennai, July 9 Turnover improved to Rs 47,907.81 crore on Wednesday in the F&O segment against Tuesday’s turnover of Rs 41,117.91 crore. The Nifty July future, which was ruling at a high premium of ...





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