Business Daily from THE HINDU group of publications
Friday, August 17, 2007
ePaper
Commodities (Aug 16)
Gold (per gram) Rs827
Silver (per gram) Rs18.50
Brent crude (per bbl) Rs2,871
Markets (August 16)
BSE Sensex14358.21 (-642.70)
S&P CNX Nifty4178.60 (-191.60)
US Dollar (Buy/Sell)41.35 (+0.59)

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Sub-prime spectre shaves 642 points off shaky Sensex
Bond and currency markets follow suit; rupee loses 60 paise More

Volatility is here to stay, investors too…
One expected to see scenes of traders holding their heads in their hands or pulling at their hair. But what one confronted was the exact opposite. Here is why. “We were expecting a 1,000-point fall, but markets opened with a gap of only ... More

FIIs resort to aggressive selling; domestic funds do the defence act
Kolkata, Aug. 16 Are hedge funds, or FIIs having hedge funds, selling Indian equities to be able to withstand the redemption pressure in the US? Though there is no clear answer from overseas funds and the market regulators, it is clear ... More

All eyes on redemption figure to be put out by hedge funds
Data to start trickling in from Thursday night More

Cipla’s drug gets on to US anti-AIDS initiative
‘First fixed dose drug approved for kids below 12 years’ More

International airlines to have it easy
Procedures for operating code share flights simplified More

Mitsubishi Motors, HM ties to undergo significant change
Japanese auto giant will now manage marketing function More

Commercial realty loans turning costlier
Repricing done in view of rising default risk, say PSBs More

Cricketers may regain celebrity endorsements
BOUNCING BACK More

TRAI meeting mobile operators on tariff hike
Terms it as anti-consumer; rules out direct action More

‘India not bound by provisions of Hyde Act’
Govt to hold meeting with Left allies on nuke deal More

Sun Micro’s initiative for entrepreneurs, new entrants
Product discounts, tech help to be offered More

Over-tightening expected in oil market: Barclays
OPEC unlikely to agree on raising supply at Sept 11 meet More

‘Labour imbalance bane of India’s garment productivity’
More

Domestic fund houses looking at Asian markets
6 proposals in the works for long-term capital appreciation More

Metal stocks see red with 717-point meltdown
Mumbai, Aug. 16 BSE Metal index suffered the biggest loss among the sectoral indices in the market mayhem on Thursday. The index fell 717 points to close at 10,690.33.Though the turbulence in metal stocks could not be directly ... More

Lending class
From academic excellence to a brilliant banking career, Naina Lal Kidwai has several super achievements to her credit. More

Weakened flows pare rain surplus to 5%
Thiruvananthapuram, Aug. 16 Monsoon has temporarily gone into a weak phase yet again, this time under the draining influence of a Category-5 Super Typhoon, named Sepat, raging to the east of the Philippines. This was reflected in the ... More


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