Business Daily from THE HINDU group of publications
Wednesday, March 26, 2008
ePaper | Mobile/PDA Version
Commodities (March 25)
Gold (per gram) Rs1,221
Silver (per gram) Rs25.00
Brent crude (per bbl) Rs4,052
Markets (March 25)
BSE Sensex16217.49 (+928.09)
S&P CNX Nifty4877.50 (+267.65)
US Dollar40.13 (-0.21)


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Sensex soars 928 points on global cues, goes past 16k
Scores second largest single-day points gain this year More

SBI gets full bank status in Singapore
RBI allows DBS to open eight more branches in India More

RBI’s largesse
Under the World Trade Organisation (WTO) commitments, the Reserve Bank of India needs to approve 12 branches of foreign banks (existing and new) every year. The RBI has consistently given a higher number of approvals than required — a ... More

Tatas close to sealing deal with Ford
Formal announcement may be made today More

PSU banks may scale up hiring by 30% next fiscal
Over 20,000 posts likely to be filled up More

Unions take it with a pinch of salt
Chennai, March 25 Mr M. Balachandran, Director of the Institute of Banking Personnel Selection (IBPS), an organisation that assists banks in recruitment, promotion and talent matching, said that there was a surge in the last two to three years ... More

Export of spices at new peak, near $950 million
Most products exceed target; chilli shipments hit 1.6 lakh t More

Edible oil duty cut: ‘No gain to consumer’
Hotels, bakeries, vanaspati sector only beneficiaries More

Reliance Ind to shut down 900 fuel retail outlets
Unable to compete with subsidised PSU products More

‘Indian BPOs may be target of acquisitions’
The Indian outsourcing sector is amongst the worst hit by the rising rupee with most of the companies showing a slump in growth and profitability. Valuations too have fallen. However, this situation not only reflects the ‘deteriorated ... More

Rising laptops sale drags UPS market down
More

Nortel bags $100-m GSM deal from BSNL
Will enable BSNL to enhance network capacity in South More

Pay panel moots scrapping of ITS cadre, telecom panel
New Delhi, March 25 In a move that could raise alarm bells in Sanchar Bhawan, the Sixth Pay Commission report has recommended scrapping the Indian telecom services cadre and the Telecom Commission. While the Telecom Commission is the ... More

TODAY'S PICK (Latest Audio: English | Tamil)
Apollo Tyres (Rs 42.80): Buy
We recommend a buy in the Apollo Tyres with a short-term perspective. From the charts of Apollo Tyres, we note that the stock has been on a long-term uptrend. It has been forming higher peaks and troughs since its June 2006 low of Rs 19.4. The ... More

Day Trading Guide
Our short-term outlook for the stock is bullish. We retain our buy recommendation in this counter.Infosys In the last trading session, the stock rallied accompanied with good volume. Buy the stock in dips with ... More

Market mood: Cautious optimism prevails
Marketmen expect choppiness to continue More

COMMODITY COMMENTARY
Illogical ban on castor oil export
Mumbai, March 25 Hasty decisions often lead to unintended consequences; and our government is in the habit of taking hasty decisions that hurt not the Government itself or the officials responsible for such decisions, but industry and trade ... More

Realty stocks gain on value buying
Rally in line with the market trend More

GHCL restructuring is long-term positive
Future listing, stake sale to impact stock More


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